Fact sheet: Macquarie GblConvbl

Fund information
Fund name
Macquarie Global Convertible B EUR
Fund manager company
Macquarie Bank Intl Ltd
Fund type
Offshore Fund
Fund manager
  • Robert Piribauersince 30/09/2015
Fund objective
The Macquarie Global Convertible Fund is a convertible bond fund which aims to achieve capital appreciation and steady returns.
Benchmark
  • Global Developed Markets Convertible Index
Investment style
None
Investment method
Convertibles
Quick stats
1 Year return
1.6%
1 Year rank in sector
11/72
Sector
FO Convertible
Yield
-
Fund size
£150m (£159m 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.
71
Top in this sector
Fund name1 Year
Man Convertibles Am8.1%
CQS Global Convertible UCITS4.7%
HAM Gbl Convtbl Bd2.9%
JGF-Jupiter Gb Convl2.5%
Oaktree OaktreGbCnvBd2.3%
...more in FO Convertible

Performance snapshot

Holdings snapshot

  • USA62.8%
    Others12.9%
    France8.2%
    Netherlands7%
    Luxembourg5.8%
  • Financials28.3%
    Technology23.1%
    Non-Cyclical Consumer Goods14.7%
    Communications13.9%
    Others12.7%
  • US Fixed Interest62.8%
    Global Fixed Interest12.9%
    French Fixed Interest8.2%
    Dutch Fixed Interest7%
    Luxembourg Fixed Interest5.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.9%-1.3%2.2%1.6%17.2%48.8%
Sector-0.1%-1.1%0.8%-1.6%5.9%28.1%
Rank within sector4 / 7342 / 7321 / 7311 / 723 / 613 / 52
Quartile1st3rd2nd1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund0.6%3%11.5%16.9%11.2%
Sector-1%2.9%2.3%11.7%10.9%
Rank within sector23 / 7230 / 671 / 615 / 5527 / 52
Quartile2nd2nd1st1st3rd
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.
3.4
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.
1.07
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.
0.28
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%.
6.79
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.
3.1
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.
1.12
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.
0.8
Price movement
52 week high10.89
52 week low9.74
Current bid price-
Current offer price-
Current mid price10.72
Region
1USA62.77%
2Others12.9%
3France8.22%
4Netherlands6.97%
5Luxembourg5.8%
6Mexico3.34%
Industry sector
1Financials28.28%
2Technology23.08%
3Non-Cyclical Consumer Goods14.72%
4Communications13.88%
5Others12.66%
6Industrials7.38%
Asset type
1US Fixed Interest62.77%
2Global Fixed Interest12.9%
3French Fixed Interest8.22%
4Dutch Fixed Interest6.97%
5Luxembourg Fixed Interest5.8%
6Mexican Fixed Interest3.34%
Individual holdings
1WELLS FARGO 7.5% 31/12/20495.84%
2INTEL CORP 3.25% CNV BDS 01/08/39 USD10005.64%
3NOVELLUS SYSTEMS INC 2.625% CNV BDS 15/05/41(NOVELLUS SYSTEMS3.34%
4PRICELINE GROUP INC (THE) 0.35% SNR CNV NTS 15/06/20 USD10003.32%
5AMERICA MOVIL SAB DE CV (ZERO COUPON) 05/20203.28%
6NVIDIA -144A- 1%/13-01.12.20183.22%
7ANTHEM INC 2.75% CNV BDS 15/10/42 USD10002.64%
8ILLUMINA INC 0% CNV BDS 15/06/19 USD10002.34%
96.371% NEXTERA ENERGY INC (FIXED) 09/20182.12%
Management
Fund manager group
Macquarie Bank
Fund manager company
Macquarie Bank Intl Ltd
Fund type
Offshore Fund
Fund objective
The Macquarie Global Convertible Fund is a convertible bond fund which aims to achieve capital appreciation and steady returns.
Benchmark
  • Global Developed Markets Convertible Index
Investment style
None
Investment method
Convertibles
Fund manager
NameSinceBiography
Robert Piribauer30/09/2015Robert Piribauer joined Macquarie Investment Management Austria’s asset allocation team in 2015 as Senior Investment Manager. His main responsibilities include the management of various multi asset funds, product analysis of investment funds, support of multi manager mandates as well as market analysis with focus on convertibles. Prior to joining Macquarie Austria, Mr. Piribauer worked with C-QUADRAT Kapitalanlage AG as fund of funds/product manager and with Pioneer Investment Management Ltd. In Dublin as fund research analyst. In 1998, he graduated from the university of applied sciences Wr. Neustadt focusing on business consultancy professions and marketing & sales. In 2000/2001, he completed his training as Certified European Financial Analyst (CEFA). Mr. Piribauer has investment experience since 1998.
Compliance
Transparent for Austrian Tax, Transparent for German Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, United Kingdom, Italy, Luxembourg, Offshore
Macquarie Global Convertible B Dist EUR
Initial charge-
Annual charge1.05%
Min single investment£100
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price10.7213
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFMU0
Macquarie Global Convertible B EUR
Initial charge-
Annual charge1.05%
Min single investment£100
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price10.7213
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFMT9
Macquarie Global Convertible C Dist EUR
Initial charge-
Annual charge1.05%
Min single investment£1,000,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.21%
Bid price-
Offer price-
Mid price10.7403
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE7KD
Macquarie Global Convertible C EUR
Initial charge-
Annual charge1.05%
Min single investment£1,000,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.21%
Bid price-
Offer price-
Mid price10.7403
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE7KE
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.