Fact sheet: EDRF Gbl Covts

Fund information
Fund name
EDRF Global Convertibles R EUR
Fund manager company
Edmond de Rothschild Asset Man
Fund type
Offshore Fund
Fund managers
  • Annelie Fearonsince 06/05/2016
  • Laurent Le Grinsince 06/05/2016
Fund objective
The fund seeks to deliver a steady performance over the medium term through an active selection of convertibles bonds through all international markets. The fund will hold at least 50% of its assets in Investment Grade issues and will maintain important geographical diversification. The management focuses mainly on hybrid issues.
Benchmark
  • Thomson Reuters Global Focus
Investment style
Active
Investment method
Convertibles
Quick stats
1 Year return
-0.3%
1 Year rank in sector
51/71
Sector
FO Convertible
Yield
-
Fund size
£295m (£360m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
64
Top in this sector
Fund name1 Year
Man Convertibles Am8%
CQS Global Convertible UCITS7.7%
Franklin Gl Cnvtl Secrts7.3%
Calamos Gbl Convtl Opps5.4%
RWC Asia Convertibles4.9%
...more in FO Convertible

Performance snapshot

Holdings snapshot

  • Europe37.2%
    North America20.5%
    Japan17.3%
    Global Emerging Markets9.1%
    Asia Pacific ex Japan7.9%
  • Information Technology21.1%
    Consumer Discretionary18.6%
    Financials15.6%
    Industrials10.5%
    Materials7.9%
  • European Fixed Interest37.2%
    North American Fixed Interest20.5%
    Japanese Fixed Interest17.3%
    Global Emerging Market Fixed Interest9.1%
    Asia Pacific ex Japan Fixed Interest7.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%0.9%0.8%-0.3%3%21.2%
Sector0%2.3%2.5%0.6%8.2%29.8%
Rank within sector64 / 7461 / 7458 / 7451 / 7153 / 6244 / 51
Quartile4th4th4th3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-1.6%2.2%1.2%9%11.3%
Sector-0.1%2.9%2.3%11.7%10.9%
Rank within sector53 / 7343 / 6848 / 6239 / 5626 / 52
Quartile3rd3rd4th3rd2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-1.26
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.86
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
5.35
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
1.98
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.89
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.89
Price movement
52 week high139.25
52 week low126.43
Current bid price-
Current offer price-
Current mid price133.95
Region
1Europe37.2%
2North America20.5%
3Japan17.3%
4Global Emerging Markets9.1%
5Asia Pacific ex Japan7.9%
6Money Market6.2%
7Not Specified1.8%
Industry sector
1Information Technology21.07%
2Consumer Discretionary18.55%
3Financials15.57%
4Industrials10.54%
5Materials7.92%
6Money Market7.7%
7Utilities6.9%
8Health Care4.75%
9Consumer Staples3.64%
Asset type
1European Fixed Interest37.2%
2North American Fixed Interest20.5%
3Japanese Fixed Interest17.3%
4Global Emerging Market Fixed Interest9.1%
5Asia Pacific ex Japan Fixed Interest7.9%
6Money Market6.2%
7Global Fixed Interest1.8%
Individual holdings
1SONY CORP 0% CNV BDS 30/09/22 JPY10002.5%
2SHFSJ 1 1/4 08/11/222.4%
3AMERICA MOVIL ECH KPN 2022.3%
4ARCC 4 3/8 01/15/192.3%
5SAFFP 0 12/31/202%
Management
Fund manager group
No data available.
Fund manager company
Edmond de Rothschild Asset Man
Fund type
Offshore Fund
Fund objective
The fund seeks to deliver a steady performance over the medium term through an active selection of convertibles bonds through all international markets. The fund will hold at least 50% of its assets in Investment Grade issues and will maintain important geographical diversification. The management focuses mainly on hybrid issues.
Benchmark
  • Thomson Reuters Global Focus
Investment style
Active
Investment method
Convertibles
Fund managers
NameSinceBiography
Annelie Fearon06/05/2016
Laurent Le Grin06/05/2016Laurent Le Grin is Senior Portfolio Manager for European Convertible Bond fund, since 2002 he was managing BNP Paribas Investment Partners (Fortis Investments), Paris, he also worked as Head of Risk Control in BGL Asset Management for two years from 2000-2002, and also been Portfolio manager for BGL during 1998-2000. Grin worked as Mutual fund audits and derivatives pricing in Auditor Deloitte & Touche Luxemburg during 1997-1998. Grin is qualified has Certificate for Financial Advisers, DEA of Economy (Paris II), Master in Economy (Paris II), and also Graduate and Member of the French Association of Financial Analysts (SFAF)
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Spain, Finland, France, United Kingdom, Italy, Luxembourg, Netherlands, Offshore, Singapore, Sweden
EDRF Global Convertibles A EUR
Initial charge3%
Annual charge1.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.31%
Bid price-
Offer price-
Mid price139.79
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFVZ8
EDRF Global Convertibles A Hedged CHF
Initial charge3%
Annual charge1.15%
Min single investment£0
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.13
CurrencyCHF
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJXNM
EDRF Global Convertibles A Hedged USD
Initial charge3%
Annual charge1.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.28%
Bid price-
Offer price-
Mid price127.2
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHQK7
EDRF Global Convertibles B EUR
Initial charge3%
Annual charge1.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108.42
CurrencyEUR
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code05EN
EDRF Global Convertibles I EUR
Initial charge-
Annual charge0.6%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.83%
Bid price-
Offer price-
Mid price145.05
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFWA0
EDRF Global Convertibles J EUR
Initial charge-
Annual charge0.6%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price109.93
CurrencyEUR
Price updated21/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code05EO
EDRF Global Convertibles K EUR
Initial charge-
Annual charge0.7%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price144.9
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFWA1
EDRF Global Convertibles K Hedged USD
Initial charge-
Annual charge0.7%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price130.87
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0NMS
EDRF Global Convertibles R EUR
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.67%
Bid price-
Offer price-
Mid price133.95
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFVZ9
EDRF Global Convertibles R USD
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price86.16
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code05EP
Data provided by

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