Fact sheet: JB BF Global Convert Bond

Fund information
Fund name
JB BF Global Convert Bond C EUR
Fund manager company
GAM (Luxembourg) S.A.
Fund type
Offshore Fund
Fund manager
  • Stephan Knusersince 12/01/2009
Fund objective
The fund invests worldwide in mainly convertible bonds and bonds with warrants denominated in various currencies and issued and guaranteed by issuers from recognised countries. The investment aim of the fund is to achieve an above-average yield over the long term with simultaneous risk diversification.
Benchmark
  • T.Reuters Global Focus Invest.Grade / Hed. CHF
Investment style
None
Investment method
Convertibles
Quick stats
1 Year return
-5.5%
1 Year rank in sector
65/72
Sector
FO Convertible
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.98%
Fund size
£203m (£283m 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.
66
Top in this sector
Fund name1 Year
Man Convertibles Am9.2%
CQS Global Convertible UCITS4.5%
HAM Gbl Convtbl Bd3.3%
Franklin Gl Cnvtl Secrts2.4%
Convertible & Credit2.1%
...more in FO Convertible

Performance snapshot

Holdings snapshot

  • USA22.3%
    Japan15.1%
    United Arab Emirates10.5%
    France9%
    Netherlands8.4%
  • Money Market34.6%
    A26.3%
    BBB24.2%
    Non-Rated11.8%
    AA3.1%
  • US Fixed Interest22.3%
    Japanese Fixed Interest15.1%
    GCC Fixed Interest10.5%
    French Fixed Interest9%
    Dutch Fixed Interest8.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%-0.9%-0.6%-5.5%1.7%18.5%
Sector-0.4%-0.4%1.1%-1.8%5.7%29.2%
Rank within sector52 / 7354 / 7362 / 7365 / 7251 / 6149 / 52
Quartile3rd3rd4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-4.3%2.9%2.8%8.9%8%
Sector-0.5%2.9%2.3%11.7%10.9%
Rank within sector65 / 7235 / 6732 / 6140 / 5541 / 52
Quartile4th3rd3rd3rd4th
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high123.3
52 week low112.9
Current bid price-
Current offer price-
Current mid price116.88
Region
1USA22.31%
2Japan15.13%
3United Arab Emirates10.48%
4France8.96%
5Netherlands8.36%
6Austria5.52%
7Sweden4.41%
8Mexico3.97%
9UK3.33%
Industry sector
1Money Market34.55%
2A26.31%
3BBB24.2%
4Non-Rated11.82%
5AA3.12%
Asset type
1US Fixed Interest22.31%
2Japanese Fixed Interest15.13%
3GCC Fixed Interest10.48%
4French Fixed Interest8.96%
5Dutch Fixed Interest8.36%
6Austrian Fixed Interest5.52%
7Swedish Fixed Interest4.41%
8Mexican Fixed Interest3.97%
9UK Fixed Interest3.33%
Individual holdings
1TOTAL SA 0.5%4.97%
2SIEMENS FINANCIERINGSMAAT NV 1.65% BDS 16/08/19 USD2500004.87%
3INDUSTRIVARDEN AB 1.875% CNV BDS 27/02/17(C SHS) EUR10004.34%
4AMERICA MOVIL SAB DE CV 0% CNV BDS 28/05/20 EUR1000003.9%
5NATIONAL BANK OF ABU DHABI 1.0% 3.53%
Management
Fund manager group
Swiss&Gbl Asset Management
Fund manager company
GAM (Luxembourg) S.A.
Fund type
Offshore Fund
Fund objective
The fund invests worldwide in mainly convertible bonds and bonds with warrants denominated in various currencies and issued and guaranteed by issuers from recognised countries. The investment aim of the fund is to achieve an above-average yield over the long term with simultaneous risk diversification.
Benchmark
  • T.Reuters Global Focus Invest.Grade / Hed. CHF
Investment style
None
Investment method
Convertibles
Fund manager
NameSinceBiography
Stephan Knuser12/01/2009Stephan Knuser has 24 years of experience in capital markets and has been a delegate of the Executive Board and CEO of EMCORE since 1998. He heads the Portfolio Management and is chairman of the Investment Committee.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Czech Republic, Germany, Spain, Estonia, Finland, France, United Kingdom, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Offshore, Peru, Sweden
JB BF Global Convert Bond A CHF
Initial charge3%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.69%
Total expense ratio (TER)1.68%
Bid price-
Offer price-
Mid price84.38
CurrencyCHF
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeAUG7
JB BF Global Convert Bond A EUR
Initial charge3%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.69%
Total expense ratio (TER)1.67%
Bid price-
Offer price-
Mid price69.8
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJG57
JB BF Global Convert Bond A USD
Initial charge3%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)1.68%
Bid price-
Offer price-
Mid price106.91
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeDEG2
JB BF Global Convert Bond B CHF
Initial charge3%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.69%
Total expense ratio (TER)1.68%
Bid price-
Offer price-
Mid price99.08
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAUG6
JB BF Global Convert Bond B EUR
Initial charge3%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.68%
Bid price-
Offer price-
Mid price106.53
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJG56
JB BF Global Convert Bond B USD
Initial charge3%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)1.68%
Bid price-
Offer price-
Mid price112.69
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDEG3
JB BF Global Convert Bond C CHF
Initial charge3%
Annual charge0.55%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.98%
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price105.92
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeAUG9
JB BF Global Convert Bond C EUR
Initial charge3%
Annual charge0.55%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.98%
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price116.88
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJO01
JB BF Global Convert Bond C USD
Initial charge3%
Annual charge0.55%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price119.21
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDEG4
JB BF Global Convert Bond E CHF
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.54%
Bid price-
Offer price-
Mid price88.66
CurrencyCHF
Price updated17/02/2010
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAUG8
JB BF Global Convert Bond E EUR
Initial charge3%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.17%
Total expense ratio (TER)2.17%
Bid price-
Offer price-
Mid price51.05
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJC69
JB BF Global Convert Bond E USD
Initial charge3%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)2.18%
Bid price-
Offer price-
Mid price108.12
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDEG5
JB BF Global Convert Bond I CHF
Initial charge3%
Annual charge0.5%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.79%
Bid price-
Offer price-
Mid price106.3
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFQDJ
JB BF Global Convert Bond R CHF
Initial charge3%
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price92.85
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFU8B
Data provided by

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