Fact sheet: Union UnInstGlbCnvrtbl

Fund information
Fund name
Union UniInstitutional Global Convertibles
Fund manager company
Union Investment
Fund type
No data available.
Fund manager
No data available.
Fund objective
No data available.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Convertibles
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
FO Convertible
Yield
-
Fund size
£427m
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

  • USA37.7%
    Japan8.3%
    France7.7%
    Cayman Islands6.9%
    Netherlands5.4%
  • Semi Conductors12.8%
    Property9.2%
    Transport8.7%
    Capital Goods6.7%
    Banks6.1%
  • Global Fixed Interest91.5%
    Money Market3.3%
    International Equities3.2%
    Others1.2%
    Options0.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%-0.7%1.1%---
Sector-0.6%-0.8%0.8%-2.3%5.3%28.5%
Rank within sector19 / 7331 / 7333 / 73---
Quartile2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-----
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high108.8
52 week low99.64
Current bid price106.59
Current offer price110.34
Current mid price-
Region
1USA37.65%
2Japan8.3%
3France7.7%
4Cayman Islands6.86%
5Netherlands5.36%
6Jersey3.95%
7Money Market3.25%
8United Arab Emirates2.71%
9Germany2.47%
Industry sector
1Semi Conductors12.81%
2Property9.23%
3Transport8.67%
4Capital Goods6.69%
5Banks6.1%
6Biotechnology/Medical6.08%
7Health Care6.08%
8Trade5.81%
9Software5.78%
Asset type
1Global Fixed Interest91.53%
2Money Market3.25%
3International Equities3.2%
4Others1.23%
5Options0.79%
Individual holdings
No data available.
Management
Fund manager group
No data available.
Fund manager company
Union Investment
Fund type
No data available.
Fund objective
No data available.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Convertibles
Fund manager
No data available.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Germany, Denmark, Finland, United Kingdom, Luxembourg, Offshore
Union UniInstitutional Global Convertibles
Initial charge3%
Annual charge0.7%
Min single investment£50,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price106.59
Offer price110.34
Mid price-
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE6IC
Data provided by

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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.