Fact sheet: Morg Stnly Gbl Convrtble Bd

Fund information
Fund name
Morg Stnly Global Convertible Bond A USD
Fund manager company
Morgan Stanley Investment Fund
Fund type
Offshore Fund
Fund managers
  • Tom Willssince 01/03/2010
  • Christian Rothsince 30/03/2010
Fund objective
Seeks long-term capital appreciation, measured in U.S. dollars, through investment primarily in convertible bonds issued by companies organised or operating in either the developed or emerging markets which will be denominated in global currencies.
Benchmark
  • Thomas Reuters Convertible Global Focus (USD Hedged) Index
Investment style
None
Investment method
Convertibles
Quick stats
1 Year return
-0.1%
1 Year rank in sector
31/72
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.
1.3%
Fund size
£606m (£1,700m 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.
85
Top in this sector
Fund name1 Year
Man Convertibles Am10.3%
CQS Global Convertible UCITS6.2%
Franklin Gl Cnvtl Secrts4.4%
Oaktree OaktreGbCnvBd4.1%
Calamos Gbl Convtl Opps3.3%
...more in FO Convertible

Performance snapshot

Holdings snapshot

  • USA34.4%
    Japan9.8%
    China7.2%
    Netherlands7%
    France5%
  • Information Technology20.2%
    Financials17.9%
    Consumer Discretionary16.1%
    Industrials13.5%
    Health Care10.2%
  • US Fixed Interest34.4%
    Japanese Fixed Interest9.8%
    Chinese Fixed Interest7.2%
    Dutch Fixed Interest7%
    French Fixed Interest5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.1%0.4%2.2%-0.1%5%27.3%
Sector0.4%-0.4%1.3%-0.6%6.7%29.8%
Rank within sector13 / 7318 / 7327 / 7331 / 7243 / 6133 / 51
Quartile1st1st2nd2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund0.5%-0%3.2%13.8%8.3%
Sector-0.1%2.9%2.3%11.7%10.9%
Rank within sector31 / 7258 / 6727 / 6117 / 5437 / 51
Quartile2nd4th2nd2nd3rd
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.
-0.85
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.
1.14
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%.
6.58
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.
1.6
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.
-0.4
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.
0.95
Price movement
52 week high42.36
52 week low38.55
Current bid price-
Current offer price-
Current mid price42.44
Region
1USA34.4%
2Japan9.8%
3China7.19%
4Netherlands7.05%
5France4.98%
6UK3.85%
7Germany3.8%
8Money Market3.12%
9Taiwan2.89%
Industry sector
1Information Technology20.21%
2Financials17.87%
3Consumer Discretionary16.09%
4Industrials13.49%
5Health Care10.21%
6Energy4.72%
7Utilities4.53%
8Telecommunications Utilities4.3%
9Consumer Staples3.23%
Asset type
1US Fixed Interest34.4%
2Japanese Fixed Interest9.8%
3Chinese Fixed Interest7.19%
4Dutch Fixed Interest7.05%
5French Fixed Interest4.98%
6UK Fixed Interest3.85%
7German Fixed Interest3.8%
8Money Market3.12%
9Taiwanese Fixed Interest2.89%
Individual holdings
1PRICELINE GROUP INC (THE) 0.9% NTS 15/09/21 USD10002.55%
2AMERICA MOVIL SAB DE CV 0% CNV BDS 28/05/20 EUR1000002.5%
3SIEMENS FINANCIERINGSMAAT NV 1.65% BDS 16/08/19 USD2500002.32%
4STEINHOFF FINANCE HOLDING GMBH 1.25% CNV BDS 11/08/22 EUR100000 REG S1.88%
5MICROCHIP TECHNOLOGY 1.625% CNV BDS 15/02/25 USD10001.74%
6CTRIP COM INTERNATIONAL 1% BDS 01/07/20 USD10001.71%
7CHINA OVRES FIN KY 5 0% 1/5/20231.66%
8PARPUBLICA-PARTICPACOES PUBLIC SGPS 5.25% CNV BDS 28/09/17(GALP ENERGIA SGPS1.6%
9CAPITALAND 1.85% CNV BDS 19/06/20 SGD2500001.59%
Management
Fund manager group
Morgan Stanley
Fund manager company
Morgan Stanley Investment Fund
Fund type
Offshore Fund
Fund objective
Seeks long-term capital appreciation, measured in U.S. dollars, through investment primarily in convertible bonds issued by companies organised or operating in either the developed or emerging markets which will be denominated in global currencies.
Benchmark
  • Thomas Reuters Convertible Global Focus (USD Hedged) Index
Investment style
None
Investment method
Convertibles
Fund managers
NameSinceBiography
Tom Wills01/03/2010Tom is a portfolio manager of the Global Convertible Bond strategy. He joined Morgan Stanley in 2010 and has 15 years of investment experience. Prior to joining the firm, he was a senior fund manager of global convertibles at Aviva Investors. Tom received a B.Comm in finance from the University of Toronto, and an M.B.A. from Oxford University. Tom is also a Canadian Chartered Accountant and a Chartered Financial Analyst.
Christian Roth30/03/2010Christian Roth is the Global Head of Credit. He joined Morgan Stanley in 1991 and has over 20 years of investment experience. Prior to joining the firm, he was a senior associate in the merchant banking group of Dean Witter Capital Corporation. Chris received a B.S. in economics from the Wharton School of the University of Pennsylvania. He holds the Chartered Financial Analyst designation and is a member of the UK Society of Investment Professionals.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Spain, Finland, France, United Kingdom, Greece, Guernsey, Hong Kong, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Peru, Portugal, Singapore, Sweden, Taiwan - Province Of China
Morg Stnly Global Convertible Bond A USD
Initial charge4%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price42.44
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeYC68
Morg Stnly Global Convertible Bond A USD EUR
Initial charge4%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price39.93
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeYC71
Morg Stnly Global Convertible Bond AH CHF
Initial charge4%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.34%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price29.07
CurrencyCHF
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI0DE
Morg Stnly Global Convertible Bond AH EUR
Initial charge4%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.34%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price35.74
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEYM4
Morg Stnly Global Convertible Bond B USD
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.3%
Total expense ratio (TER)2.3%
Bid price-
Offer price-
Mid price36.77
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeYC69
Morg Stnly Global Convertible Bond B USD EUR
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.3%
Total expense ratio (TER)2.3%
Bid price-
Offer price-
Mid price34.59
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeYC72
Morg Stnly Global Convertible Bond BH EUR
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.34%
Total expense ratio (TER)2.34%
Bid price-
Offer price-
Mid price30.93
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEWE5
Morg Stnly Global Convertible Bond CH EUR
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.94%
Total expense ratio (TER)1.94%
Bid price-
Offer price-
Mid price27.81
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEWE6
Morg Stnly Global Convertible Bond I USD
Initial charge3%
Annual charge0.6%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.92%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price45.38
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeYC70
Morg Stnly Global Convertible Bond I USD EUR
Initial charge3%
Annual charge0.6%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.92%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price42.69
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeYC73
Morg Stnly Global Convertible Bond IH EUR
Initial charge3%
Annual charge0.6%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)0.87%
Bid price-
Offer price-
Mid price38.2
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEWE7
Morg Stnly Global Convertible Bond NH CHF
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price23.84
CurrencyCHF
Price updated07/07/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFN2N
Morg Stnly Global Convertible Bond Z USD
Initial charge1%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)0.79%
Bid price-
Offer price-
Mid price33.16
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKKS8
Morg Stnly Global Convertible Bond Z USD EUR
Initial charge1%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)0.79%
Bid price-
Offer price-
Mid price31.2
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKLN4
Morg Stnly Global Convertible Bond ZH EUR
Initial charge1%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price40.54
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF4E7
Morg Stnly Global Convertible Bond ZHX EUR
Initial charge1%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price36.25
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeEWE9
Morg Stnly Global Convertible Bond ZX USD
Initial charge1%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)0.79%
Bid price-
Offer price-
Mid price27.37
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF9EZ
Morg Stnly Global Convertible Bond ZX USD EUR
Initial charge1%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)0.79%
Bid price-
Offer price-
Mid price25.75
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF9EX
Morg Stnly Global Convertible Bond ZX USD GBP
Initial charge1%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)0.79%
Bid price-
Offer price-
Mid price21.73
CurrencyGBP
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF9EY
Data provided by

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