Fact sheet: UBS (L)BCnvrtEur€

Fund information
Fund name
UBS (Lux) Bond - Convert Europe (EUR) P Acc
Fund manager company
UBS AG
Fund type
No data available.
Fund managers
  • Alain Eckmannsince 18/05/2000
  • Ulrich Sperlsince 18/05/2000
Fund objective
UBS (Lux) Bond Fund - Convert Europe (EUR) is an open-end investment fund incorporated in Luxembourg. The fund invests primarily in EUR-denominated convertible bonds issued by companies with registered offices in Europe. Convertible bonds combine the upside potential of equities with the defensive features of bonds.
Benchmark
  • Thomson Reuters Eurozone Convertible Bond Index (EUR)
Investment style
None
Investment method
Convertibles
Quick stats
1 Year return
-1.3%
1 Year rank in sector
30/72
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.
1.85%
Fund size
£735m (£886m 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.
64
Top in this sector
Fund name1 Year
Man Convertibles Am9.2%
CQS Global Convertible UCITS4.5%
HAM Gbl Convtbl Bd3.3%
Franklin Gl Cnvtl Secrts2.4%
Convertible & Credit2.1%
...more in FO Convertible

Performance snapshot

Holdings snapshot

  • Germany18%
    Others16.9%
    UK12.6%
    France12.2%
    Money Market10%
  • Financials28%
    Others21.6%
    Real Estate15.4%
    Banks8%
    Services5.4%
  • German Fixed Interest18%
    Global Fixed Interest16.9%
    UK Fixed Interest12.6%
    French Fixed Interest12.2%
    Money Market10%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.3%0.7%2.1%-1.3%8.2%44.2%
Sector-0.4%-0.4%1.1%-1.8%5.7%29.2%
Rank within sector41 / 7311 / 7327 / 7330 / 7223 / 615 / 52
Quartile3rd1st2nd2nd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund0.7%5.5%0.9%10.5%21.6%
Sector-0.5%2.9%2.3%11.7%10.9%
Rank within sector25 / 7213 / 6750 / 6127 / 552 / 52
Quartile2nd1st4th2nd1st
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.
1.2
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.
0.9
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%.
5.74
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.
2.71
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.
0.78
Price movement
52 week high163.14
52 week low147.71
Current bid price-
Current offer price-
Current mid price161.07
Region
1Germany17.96%
2Others16.85%
3UK12.61%
4France12.19%
5Money Market10%
6Italy8.96%
7Netherlands8.14%
8Switzerland6.19%
9Belgium4.13%
Industry sector
1Financials27.97%
2Others21.57%
3Real Estate15.37%
4Banks8.03%
5Services5.4%
6Building Materials & Merchants5.13%
7Telecommunications4.84%
8Oil & Gas4.8%
9Pharmaceuticals3.67%
Asset type
1German Fixed Interest17.96%
2Global Fixed Interest16.85%
3UK Fixed Interest12.61%
4French Fixed Interest12.19%
5Money Market10%
6Italian Fixed Interest8.96%
7Dutch Fixed Interest8.14%
8Swiss Fixed Interest6.19%
9Belgian Fixed Interest4.13%
Individual holdings
1UNICREDIT (AABAR) 1% 20223.93%
2IMMOFINANZ 4.25% 08/03/2018 EUR CONV (DUMMY)2.51%
3SIEMENS UNIT 1.05% 20172.5%
4STEINHOFF FINANCE HOLDING GMBH 1.25% CNV BDS 11/08/22 EUR100000 REG S2.34%
5FORTIS CASHES PERPETUAL2.29%
6AROUNDTOWN PROPERTY HLDGS 3% CNV BDS 05/05/20 EUR1000002.21%
7AMERICA MOVIL SAB DE CV 5.5% CNV BDS 17/09/18 EUR1000002.04%
8IBERDROLA/ACS ACTIVIDADES 2.625% 20181.99%
9NORDEA BANK(GS) 0% 20181.98%
Management
Fund manager group
UBS
Fund manager company
UBS AG
Fund type
No data available.
Fund objective
UBS (Lux) Bond Fund - Convert Europe (EUR) is an open-end investment fund incorporated in Luxembourg. The fund invests primarily in EUR-denominated convertible bonds issued by companies with registered offices in Europe. Convertible bonds combine the upside potential of equities with the defensive features of bonds.
Benchmark
  • Thomson Reuters Eurozone Convertible Bond Index (EUR)
Investment style
None
Investment method
Convertibles
Fund managers
NameSinceBiography
Alain Eckmann18/05/2000Alain Eckmann is a Senior Portfolio Manager within the Asymmetric Portfolio Solutions team. He is responsible worldwide for the convertible bond capability within UBS Global AM, which he helped to build up. Alain joined the Asymmetric Portfolio Solutions team in 1997. His responsibilities included managing and enhancing the capabilities offered (capital preservations, currency overlay, Dynamic Alpha), and developing tailored client solutions. During his studies, Alain worked for a private bank in Geneva, dealing with quantitative questions in asset management. After graduation, he built up a risk-management/risk-controlling department at Julius Baer in Zurich, developing mathematical methods to quantify market risks (VaR, etc). Alain is co-author of the publications Exotic Options: A guide through the jungle of financial innovations, and The benefits of convertible bonds and is a regular speaker at international conferences. In addition, he is a member of the Swiss CFA Society and of the CFA Institute.
Ulrich Sperl18/05/2000
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Greece, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
UBS (Lux) Bond - Convert Europe (EUR) (CHF hedged) I-A1 Acc
Initial charge-
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.51%
Total expense ratio (TER)0.52%
Bid price-
Offer price-
Mid price102.5
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE3UO
UBS (Lux) Bond - Convert Europe (EUR) (CHF hedged) I-X Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.5
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE9EA
UBS (Lux) Bond - Convert Europe (EUR) (CHF hedged) P Acc
Initial charge1.5%
Annual charge1.44%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)1.84%
Bid price-
Offer price-
Mid price131.94
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF0NO
UBS (Lux) Bond - Convert Europe (EUR) (CHF hedged) Q Acc
Initial charge1.5%
Annual charge0.72%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price100.73
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFX9W
UBS (Lux) Bond - Convert Europe (EUR) F Acc
Initial charge1.5%
Annual charge0.32%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.41%
Total expense ratio (TER)0.41%
Bid price-
Offer price-
Mid price169.15
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF9LA
UBS (Lux) Bond - Convert Europe (EUR) I-A1 Acc
Initial charge-
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.51%
Total expense ratio (TER)0.51%
Bid price-
Offer price-
Mid price122.06
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF9OL
UBS (Lux) Bond - Convert Europe (EUR) I-A1 Dist
Initial charge-
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.51%
Total expense ratio (TER)0.52%
Bid price-
Offer price-
Mid price127.27
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF1NO
UBS (Lux) Bond - Convert Europe (EUR) I-X Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.01%
Total expense ratio (TER)0.02%
Bid price-
Offer price-
Mid price120.28
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF8MU
UBS (Lux) Bond - Convert Europe (EUR) I-X Dist
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.01%
Total expense ratio (TER)0.01%
Bid price-
Offer price-
Mid price113.26
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF8HA
UBS (Lux) Bond - Convert Europe (EUR) K-1 Acc
Initial charge1.5%
Annual charge0.82%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1.1%
Bid price-
Offer price-
Mid price5095523.04
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFKE1
UBS (Lux) Bond - Convert Europe (EUR) P Acc
Initial charge1.5%
Annual charge1.44%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)1.86%
Bid price-
Offer price-
Mid price161.07
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeUB22
UBS (Lux) Bond - Convert Europe (EUR) P Dist
Initial charge1.5%
Annual charge1.44%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)1.86%
Bid price-
Offer price-
Mid price145.95
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeUV24
UBS (Lux) Bond - Convert Europe (EUR) Q Acc
Initial charge1.5%
Annual charge0.72%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price171.97
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE7CX
UBS (Lux) Bond - Convert Europe (EUR) Q Dist
Initial charge1.5%
Annual charge0.72%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)1.01%
Bid price-
Offer price-
Mid price101.17
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFX9V
UBS (Lux) Bond - Convert Europe (EUR) U-X Dist
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10427.2
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE81L
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.