Fact sheet: UBAM Convrtbl Eur 10-40

Fund information
Fund name
UBAM Convertibles Euro 10-40 AC EUR
Fund manager company
Union Bancaire Privee
Fund type
Offshore Fund
Fund manager
No data available.
Fund objective
The management objective is to enable the investor to benefit from the specific risk/return ratio of convertible bonds from the Eurozone. Convertible bonds have an asymmetric risk/return profile (all other things being equal, for a given variation in the underlying securities, upside participation is greater than downside participation). However, a convertible bond usually has a lower yield than a normal bond issued by the same issuer. This specific risk/return ratio may be altered by the fluctuations in interest rates, credit spreads and implied volatility.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Convertibles
Quick stats
1 Year return
-2.8%
1 Year rank in sector
68/71
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.
0.96%
Fund size
£2,058m (£2,911m 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.
33
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

  • France24.6%
    Germany16.7%
    Italy12.8%
    Others10%
    Netherlands8.5%
  • Financials28.5%
    Consumer Discretionary15.2%
    Telecommunications11.8%
    Consumer Staples10.2%
    Industrials8.2%
  • French Fixed Interest24.6%
    German Fixed Interest16.7%
    Italian Fixed Interest12.8%
    Others10%
    Dutch Fixed Interest8.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.3%0.6%-0.2%-2.8%5.9%31%
Sector0%2.3%2.5%0.6%8.2%29.8%
Rank within sector54 / 7468 / 7465 / 7468 / 7144 / 6222 / 51
Quartile3rd4th4th4th3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-3.4%2.8%3.2%9.5%17%
Sector-0.1%2.9%2.3%11.7%10.9%
Rank within sector65 / 7337 / 6826 / 6231 / 565 / 52
Quartile4th3rd2nd3rd1st
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.
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%.
5.38
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.
2.1
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.
-0.36
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.
0.87
Price movement
52 week high1858.29
52 week low1689.22
Current bid price-
Current offer price-
Current mid price1755.93
Region
1France24.6%
2Germany16.7%
3Italy12.8%
4Others10%
5Netherlands8.5%
6UK5.9%
7Belgium5.6%
8Spain5%
9Money Market4.9%
Industry sector
1Financials28.5%
2Consumer Discretionary15.2%
3Telecommunications11.8%
4Consumer Staples10.2%
5Industrials8.2%
6Energy6.2%
7Utilities5.8%
8Money Market4.9%
9Materials4.8%
Asset type
1French Fixed Interest24.6%
2German Fixed Interest16.7%
3Italian Fixed Interest12.8%
4Others10%
5Dutch Fixed Interest8.5%
6UK Fixed Interest5.9%
7Belgian Fixed Interest5.6%
8Spanish Fixed Interest5%
9Money Market4.9%
Individual holdings
1AXA 3.75% CNV BDS 1/1/2017 EUR165.55.6%
2AMERICA MOVIL SAB DE CV 0% CNV BDS 28/05/20 EUR1000004.6%
3TELECOM ITALIA 1.1% 26.03.20224.5%
4STEINHOFF FINANCE HOLDING GMBH 1.25% CNV BDS 11/08/22 EUR100000 REG S4.3%
5MICHELIN(CIE GLE DES ETABL.) 0% CNV BDS 01/01/17 EUR10004.1%
6SIEMENS FINANCIERINGSMAAT NV 1.65% BDS 16/08/19 USD2500003.3%
7PARPUBLICA-PARTICPACOES PUBLIC SGPS 5.25% CNV BDS 28/09/17(GALP ENERGIA SGPS3.1%
8STEINHOFF FINANCE HOLDING GMBH 1.25% GTD CNV BDS 21/10/23(STEINHOFF)EUR2.8%
9AGEASFINLUX 1.1% 31.12.20492.7%
Management
Fund manager group
Union Bancaire Privee
Fund manager company
Union Bancaire Privee
Fund type
Offshore Fund
Fund objective
The management objective is to enable the investor to benefit from the specific risk/return ratio of convertible bonds from the Eurozone. Convertible bonds have an asymmetric risk/return profile (all other things being equal, for a given variation in the underlying securities, upside participation is greater than downside participation). However, a convertible bond usually has a lower yield than a normal bond issued by the same issuer. This specific risk/return ratio may be altered by the fluctuations in interest rates, credit spreads and implied volatility.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Convertibles
Fund manager
No data available.
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, Switzerland, Chile, Germany, Spain, Finland, France, United Kingdom, Italy, Singapore
UBAM Convertibles Euro 10-40 AC EUR
Initial charge2%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price1755.93
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code09M1
UBAM Convertibles Euro 10-40 AD EUR
Initial charge2%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1071
CurrencyEUR
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIB0W
UBAM Convertibles Euro 10-40 AHC CHF
Initial charge2%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price1580.26
CurrencyCHF
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code09M2
UBAM Convertibles Euro 10-40 AHC USD
Initial charge2%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1739.47
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0X5A
UBAM Convertibles Euro 10-40 AHD GBP
Initial charge2%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1170.4
CurrencyGBP
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code10DH
UBAM Convertibles Euro 10-40 AHD USD
Initial charge2%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1670.5
CurrencyUSD
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0TC9
UBAM Convertibles Euro 10-40 SC EUR
Initial charge2%
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1305.47
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0WWU
UBAM Convertibles Euro 10-40 UC EUR
Initial charge2%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.56%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price990.57
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFVMG
UBAM Convertibles Euro 10-40 UD EUR
Initial charge2%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.56%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price954.94
CurrencyEUR
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFVMH
Data provided by

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