Fact sheet: Man Convertibles Gbl

Fund information
Fund name
Man Convertibles Global D Acc EUR
Fund manager company
Man Investments
Fund type
Offshore Fund
Fund manager
  • Michel Festsince 14/03/2014
Fund objective
To achieve superior returns through capital appreciation and interest income by investing primarily in global convertible bonds.
Benchmark
  • Merrill Lynch Global Convertible
Investment style
None
Investment method
Convertibles
Quick stats
1 Year return
7.8%
1 Year rank in sector
33/73
Sector
FO Convertible
Yield
2.6%
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.
1.72%
Fund size
£420m (£416m 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.
74
Top in this sector
Fund name1 Year
Man Convertibles Am18%
Swisscanto (LU) Bond COCO15.3%
CQS Global Convertible UCITS14.6%
Franklin Gl Cnvtl Secrts14.2%
Principal GIF SpcGlCapSec12.7%
...more in FO Convertible

Performance snapshot

Holdings snapshot

  • Europe36.8%
    North America34.2%
    Japan18.4%
    Asia Pacific9.6%
    Eastern Europe1%
  • BBB31.8%
    BB26.3%
    A19%
    B17.9%
    Money Market2.9%
  • North American Fixed Interest38.7%
    European Fixed Interest33.9%
    Japanese Fixed Interest17.3%
    Asia Pacific Fixed Interest9.3%
    American Emerging Fixed Interest0.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.7%0.8%4.2%7.8%7.1%35.3%
Sector1.5%1.6%5%7.3%7%32.2%
Rank within sector35 / 7357 / 7350 / 7333 / 7332 / 6123 / 52
Quartile2nd4th3rd2nd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund2.9%0.6%2.7%2.4%16.9%
Sector3.7%0.7%2.9%2.3%11.7%
Rank within sector51 / 7336 / 7243 / 6842 / 614 / 54
Quartile3rd2nd3rd3rd1st
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.
-0.26
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.
1.11
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%.
6.54
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.
2.25
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.
-0.02
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 high154.24
52 week low138.77
Current bid price-
Current offer price-
Current mid price153.66
Region
1Europe36.8%
2North America34.2%
3Japan18.4%
4Asia Pacific9.6%
5Eastern Europe1%
Industry sector
1BBB31.8%
2BB26.3%
3A19%
4B17.9%
5Money Market2.9%
6Non-Rated2.1%
Asset type
1North American Fixed Interest38.7%
2European Fixed Interest33.9%
3Japanese Fixed Interest17.3%
4Asia Pacific Fixed Interest9.3%
5American Emerging Fixed Interest0.8%
Individual holdings
1INTEL CORP 2.95% CNV BDS 15/12/35 USD2.32%
2AMXLMM 0 05/28/202.02%
3QGEN 0 3/8 03/19/19 QGEN2.02%
4TOTAL 0 1/2 12/2/22 EMTN1.96%
5SUZUKI MOTOR CORP 0% CNV BDS 31/03/23 JPY100000001.94%
6UNICH 0 09/25/201.87%
7PCLN 0.35 6/15/201.81%
8SIEGR 1.65 08/16/19 NEW1.77%
9ASICS 0 03/1/191.74%
Management
Fund manager group
Man Investments
Fund manager company
Man Investments
Fund type
Offshore Fund
Fund objective
To achieve superior returns through capital appreciation and interest income by investing primarily in global convertible bonds.
Benchmark
  • Merrill Lynch Global Convertible
Investment style
None
Investment method
Convertibles
Fund manager
NameSinceBiography
Michel Fest14/03/2014Michel Fest is a Member of the Management Committee and Co-Head of Convertibles at Man Investments (CH) AG, based in Pfäffikon, Switzerland. He is also responsible for the management of the Man Convertibles Global and Man Convertibles Japan funds. Prior to joining RMF (now Man Investments) in 1999, Michel spent a year with Republic National Bank of New York and five years with UBS as a foreign exchange trader. He started his career in the financial markets in 1993 as a junior precious metals trader with UBS. Michel Fest completed a banking apprenticeship with a business school diploma (KV) at UBS in 1992.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Cyprus, Germany, Denmark, Spain, Finland, France, United Kingdom, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
Man Convertibles Global D Acc EUR
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.72%
Total expense ratio (TER)1.79%
Bid price-
Offer price-
Mid price153.66
CurrencyEUR
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeR107
Man Convertibles Global D H Acc CHF
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.72%
Total expense ratio (TER)1.8%
Bid price-
Offer price-
Mid price127.78
CurrencyCHF
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIVW8
Man Convertibles Global D H Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.72%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price113.01
CurrencyUSD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKO9L
Man Convertibles Global DR Acc EUR
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.58
CurrencyEUR
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN0QD
Man Convertibles Global DR H Acc CHF
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.97%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.55
CurrencyCHF
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNQCR
Man Convertibles Global DR H Acc USD
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.08
CurrencyUSD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN0QE
Man Convertibles Global I Acc EUR
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)1.01%
Bid price-
Offer price-
Mid price133.14
CurrencyEUR
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code04K4
Man Convertibles Global I H Acc CHF
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)1.01%
Bid price-
Offer price-
Mid price150.61
CurrencyCHF
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBEA5
Man Convertibles Global I H Acc USD
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.06
CurrencyUSD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFIJC
Man Convertibles Global I Inc EUR
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)1.02%
Bid price-
Offer price-
Mid price128.03
CurrencyEUR
Price updated22/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code04K5
Data provided by

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