Funds and prices
Overview
The actively managed fund invests worldwide in convertible bonds.
Convertible bonds combine the upside potential of equities and the defensive characteristics of bonds.
The investment objective is to take full advantage of the beneficial risk-return characteristics of the global convertible bond markets.
Foreign currencies are largely hedged versus the reference currency.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
Benefits
Investors participate in some of the price gains when equity markets are rising, and benefit from the defensive characteristics of a bond investment in falling markets.
The portfolio's return potential is considerably increased using carefully selected convertible bonds, without incurring significant additional risk.
Risks
Features
Product category |
Bond
Convertibles |
Product domicile |
Luxembourg
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Portfolio management |
ÃÛ¶¹ÊÓƵ Asset Management Switzerland AG, Zurich
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Fund management |
ÃÛ¶¹ÊÓƵ Fund Management (Luxembourg) S.A., Luxembourg
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Custodian bank |
ÃÛ¶¹ÊÓƵ Europe SE, Luxembourg Branch
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Representative for products established under foreign law |
ÃÛ¶¹ÊÓƵ Fund Management (Switzerland) AG
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Regulation |
UCITS
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Legal form |
Unlimited
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Day of inception |
June 28, 2011
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Currency of account |
EUR
|
Close of financial year |
May 31
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Issue / redemption |
daily
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Distribution |
Reinvestment
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Maturity |
Open end
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Management fee |
0.52% p.a.
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Total expense ratio (TER) |
0.67% p.a.
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Minimum investment |
EUR 10,000,000.00
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Reference Index / Benchmark |
Refinitiv Global Convertible Index - Global Vanilla Hedged EUR
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Cut-Off Time |
15:00h (CET)
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Securities no. |
4731786
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ISIN |
LU0396332131
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Bloomberg Ticker |
ÃÛ¶¹ÊÓƵCI56 LX
|
Telekurs Id |
n.a.
|
Performance and Prices
Percentage growth
as of April 3, 2024EUR(%) | CHF(%) | USD(%) | |
YTD | 1.79 | 7.33 | -0.28 |
1M | |||
3M | |||
6M | |||
1Y | |||
2Y | 10.59 | 4.12 | 14.46 |
3Y | |||
5Y | 22.64 | 7.41 | 18.20 |
ø p.a.5Y | 4.17 | 1.44 | 3.40 |
Current data
Net asset value | 03.04.2024 | EUR 192.14 |
High - last 12 months | 28.03.2024 | EUR 192.63 |
Low - last 12 months | 04.05.2023 | EUR 175.51 |
Assets of the unit class in mn | 03.04.2024 | EUR 68.20 |
Total product assets in mn | 03.04.2024 | EUR 3,764.51 |
Structures
By the 10 largest positions (in %, as of February 29, 2024)
|
|
Wayfair 1% 2026 | 1.55 |
Palo Alto Networks 0.375% 2025 | 1.54 |
ADNOC Distribution 0.7% 2024 | 1.54 |
Alnylam Pharmaceuticals 1% 2027 | 1.47 |
Akamai Technologies 0.375% 2027 | 1.46 |
Western Digital 3% 2028 | 1.31 |
Global Payments 1.5% 2031 | 1.25 |
Wolfspeed 1.875% 2029 | 1.22 |
Danone(BNP)0% 2024 | 1.21 |
ON Semiconductor 0% 2027 | 1.20 |
Fees
Distributions
Authorisations
Literature
Document type
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Document Language
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Prospectus |
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Key Information Document |
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Past performance |
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Previous performance scenario |
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Statutes / Management regulations |
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ESG Disclosure |
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SFDR Pre-Contractual Annex |
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Swiss Climate Scores Report |
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ASIP ESG Report |
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Document type
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Document Language
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Annual report |
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Semi-annual report |
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