Fact sheet: UBAM Eurpn Cnvrtble Bd

Fund information
Fund name
UBAM European Convertible Bond AC EUR
Fund manager company
Union Bancaire Privee
Fund type
Offshore Fund
Fund manager
No data available.
Fund objective
The investment objective of the fund is to enable the investor to benefit from the specific risk/return ratio of European convertible bonds. 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. UBAM CONVERTIBLES EUROPE aims to profit from more than 50% of European equity market rises whilst suffering the effects of less than 50% of the downward movements, all other things being equal. This special risk/return ratio may be altered by the fluctuations in interest rates, credit spreads and implied volatility.
Benchmark
  • No Specified Index
Investment style
Active
Investment method
Convertibles, Feeder fund
Quick stats
1 Year return
-9.1%
1 Year rank in sector
-
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.
1.92%
Fund size
£20m
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.
70
Top in this sector
Fund name1 Year
Man Convertibles Am7.9%
CQS Global Convertible UCITS4.1%
HAM Gbl Convtbl Bd2.9%
Convertible & Credit1.9%
Oaktree OaktreGbCnvBd1.9%
...more in FO Convertible

Performance snapshot

Holdings snapshot

  • Germany21.9%
    UK15.7%
    France14.8%
    Others9.7%
    Italy7.8%
  • Financials17.7%
    Industrials16.2%
    Telecommunications12.9%
    Consumer Discretionary10.8%
    Consumer Staples9.6%
  • German Fixed Interest21.9%
    UK Fixed Interest15.7%
    French Fixed Interest14.8%
    Global Fixed Interest9.7%
    Italian Fixed Interest7.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%-3.3%-3.3%-9.1%-2.6%25.2%
Sector-0.6%-0.8%0.8%-2.3%5.3%28.5%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund-7.2%2.6%1%13.4%15.4%
Sector-0.9%2.9%2.3%11.7%10.9%
Rank within sector-----
Quartile
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.
-3.03
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.
1.2
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%.
7.52
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.
3.41
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.
-0.81
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.
0.82
Price movement
52 week high124.45
52 week low110.72
Current bid price-
Current offer price-
Current mid price114.19
Region
1Germany21.89%
2UK15.68%
3France14.82%
4Others9.67%
5Italy7.84%
6Spain7.36%
7Netherlands7.07%
8Sweden5.16%
9Money Market4.4%
Industry sector
1Financials17.7%
2Industrials16.2%
3Telecommunications12.9%
4Consumer Discretionary10.8%
5Consumer Staples9.6%
6Energy9.5%
7Utilities9.1%
8Materials6%
9Money Market4.4%
Asset type
1German Fixed Interest21.89%
2UK Fixed Interest15.68%
3French Fixed Interest14.82%
4Global Fixed Interest9.67%
5Italian Fixed Interest7.84%
6Spanish Fixed Interest7.36%
7Dutch Fixed Interest7.07%
8Swedish Fixed Interest5.16%
9Money Market4.4%
Individual holdings
1AMERICA MOVIL SAB DE CV 0% CNV BDS 28/05/20 EUR1000005.5%
2SIEMENS FINANCIERINGSMAAT NV 1.65% BDS 16/08/19 USD2500004.2%
3INDUSTRIVAERDEN 0.0% 15.05.20193.6%
4STEINHOFF FIN H 1.3% 21.10.20233.6%
5PARPUBLICA-PARTICPACOES PUBLIC SGPS 5.25% CNV BDS 28/09/17(GALP ENERGIA SGPS3.3%
6VEOLIA ENVIRONNEMENT 0% CNV BDS 15/03/21 EUR1000 REG S2.9%
7BP CAPITAL MARKETS 1% CNV BDS 28/04/23 GBP1000002.7%
8SIEMENS FINANCIERINGSMAAT NV 1.05% BDS 16/08/17 USD2500002.6%
9SWISS LIFE HLDG AG 0% CNV BDS 02/12/20 CHF50002.5%
Management
Fund manager group
Union Bancaire Privee
Fund manager company
Union Bancaire Privee
Fund type
Offshore Fund
Fund objective
The investment objective of the fund is to enable the investor to benefit from the specific risk/return ratio of European convertible bonds. 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. UBAM CONVERTIBLES EUROPE aims to profit from more than 50% of European equity market rises whilst suffering the effects of less than 50% of the downward movements, all other things being equal. This special risk/return ratio may be altered by the fluctuations in interest rates, credit spreads and implied volatility.
Benchmark
  • No Specified Index
Investment style
Active
Investment method
Convertibles, Feeder fund
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, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
UBAM European Convertible Bond AC EUR
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.92%
Total expense ratio (TER)1.73%
Bid price-
Offer price-
Mid price114.19
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIRC9
UBAM European Convertible Bond AC EUR GBP
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.92%
Total expense ratio (TER)1.73%
Bid price-
Offer price-
Mid price92.8767
CurrencyGBP
Price updated13/02/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF10L
UBAM European Convertible Bond AD EUR
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.92%
Total expense ratio (TER)1.73%
Bid price-
Offer price-
Mid price106.89
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code05Z6
UBAM European Convertible Bond AD EUR GBP
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.92%
Total expense ratio (TER)1.73%
Bid price-
Offer price-
Mid price88.6974
CurrencyGBP
Price updated13/02/2015
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF10M
UBAM European Convertible Bond AHC CHF
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.92%
Total expense ratio (TER)1.73%
Bid price-
Offer price-
Mid price108.77
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF80G
UBAM European Convertible Bond AHC CHF EUR
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.92%
Total expense ratio (TER)1.73%
Bid price-
Offer price-
Mid price101.14
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF80H
UBAM European Convertible Bond AHC USD
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)1.72%
Bid price-
Offer price-
Mid price151.61
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0Z83
UBAM European Convertible Bond AHC USD EUR
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)1.72%
Bid price-
Offer price-
Mid price142.88
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0Z82
UBAM European Convertible Bond IC EUR
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price118.18
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIRD0
UBAM European Convertible Bond IC EUR GBP
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price95.2881
CurrencyGBP
Price updated13/02/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF10N
UBAM European Convertible Bond IHC CHF
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.42%
Total expense ratio (TER)1.23%
Bid price-
Offer price-
Mid price94.08
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFXDF
UBAM European Convertible Bond IHC USD EUR
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price74.05
CurrencyEUR
Price updated22/07/2014
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFKAG
UBAM European Convertible Bond RC EUR
Initial charge3%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.74%
Total expense ratio (TER)2.52%
Bid price-
Offer price-
Mid price111.75
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG3MN
UBAM European Convertible Bond UC EUR
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price89.49
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFVMP
UBAM European Convertible Bond UD EUR
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price88.17
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFVMQ
UBAM European Convertible Bond UHC CHF
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price94.81
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE7PS
UBAM European Convertible Bond UHC USD
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price96.78
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE7PT
UBAM European Convertible Bond UHD USD
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price95.16
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE7PU
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.