Fact sheet: Vontobel Gbl Conv Bd

Fund information
Fund name
Vontobel Global Convertible Bond B
Fund manager company
Vontobel Asset Management S.A.
Fund type
Offshore Fund
Fund manager
  • Tolga Yildirimsince 13/04/2009
Fund objective
This Sub-Fund aims to achieve the highest possible capital growth in EUR in addition to outperforming the bench-mark, which is derived from the UBS Convertible Index family. The Sub-Fund's assets are mainly invested worldwide in convertible bonds, convertible notes, warrant bonds and similar securities and rights with conversion and option rights issued by private, public-private and public borrow-ers. The securities in which the Sub-Fund invests, are trad-ed on a regulated market, and attention is paid to ensure that there is sufficient liquidity.
Benchmark
  • Thomson Reuters Convertible Global Focus Investment Grade
Investment style
None
Investment method
Convertibles
Quick stats
1 Year return
-1.6%
1 Year rank in sector
33/72
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.
1.36%
Fund size
£244m (£261m 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.
67
Top in this sector
Fund name1 Year
Man Convertibles Am8.1%
CQS Global Convertible UCITS4.7%
HAM Gbl Convtbl Bd2.9%
JGF-Jupiter Gb Convl2.5%
Oaktree OaktreGbCnvBd2.3%
...more in FO Convertible

Performance snapshot

Holdings snapshot

  • Japan22.4%
    USA21.1%
    Others14.2%
    Germany11.7%
    France10.8%
  • Convertibles94.5%
    Money Market5.5%
  • Japanese Fixed Interest22.4%
    US Fixed Interest21.1%
    Global Fixed Interest14.2%
    German Fixed Interest11.7%
    French Fixed Interest10.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.2%-1.2%0.9%-1.6%7%24.5%
Sector-0.1%-1.1%0.8%-1.6%5.9%28.1%
Rank within sector50 / 7341 / 7337 / 7333 / 7228 / 6138 / 52
Quartile3rd3rd3rd2nd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-1.2%1.3%4.6%14.1%5.8%
Sector-1%2.9%2.3%11.7%10.9%
Rank within sector41 / 7252 / 6712 / 6114 / 5550 / 52
Quartile3rd4th1st2nd4th
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.
0.47
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.
0.84
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%.
5.12
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.
2.04
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.
0.09
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 high142.52
52 week low131.19
Current bid price-
Current offer price-
Current mid price139.99
Region
1Japan22.4%
2USA21.1%
3Others14.2%
4Germany11.7%
5France10.8%
6Money Market5.5%
7China4.8%
8United Arab Emirates4.4%
9Netherlands2.9%
Industry sector
1Convertibles94.5%
2Money Market5.5%
Asset type
1Japanese Fixed Interest22.4%
2US Fixed Interest21.1%
3Global Fixed Interest14.2%
4German Fixed Interest11.7%
5French Fixed Interest10.8%
6Money Market5.5%
7Chinese Fixed Interest4.8%
8GCC Fixed Interest4.4%
9Dutch Fixed Interest2.9%
Individual holdings
1PRICELINE GROUP INC (THE) 0.9% NTS 15/09/21 USD10004%
2INTEL CORP 3.25% CNV BDS 01/08/39 USD10003.6%
3UNIBAIL-RODAMCO 0% CNV BDS 01/07/21 EUR1003.2%
4SIEMENS FINANCIERINGSMAAT NV 1.65% BDS 16/08/19 USD2500002.8%
5TOTAL SA 0.5% NON DILUT CNV BD 02/12/22(TOTAL)USD2.7%
6DEUTSCHE POST AG 0.6% CNV BDS 06/12/19(DT POST)EUR1000002.6%
7SIEMENS FINANCIERINGSMAAT NV 1.05% BDS 16/08/17 USD2500002.4%
8RED HAT INC 0.25% BDS 01/10/19 USD10002.3%
9AMERICA MOVIL SAB DE CV 5.5% CNV BDS 17/09/18 EUR1000002.2%
Management
Fund manager group
Vontobel Fund Management
Fund manager company
Vontobel Asset Management S.A.
Fund type
Offshore Fund
Fund objective
This Sub-Fund aims to achieve the highest possible capital growth in EUR in addition to outperforming the bench-mark, which is derived from the UBS Convertible Index family. The Sub-Fund's assets are mainly invested worldwide in convertible bonds, convertible notes, warrant bonds and similar securities and rights with conversion and option rights issued by private, public-private and public borrow-ers. The securities in which the Sub-Fund invests, are trad-ed on a regulated market, and attention is paid to ensure that there is sufficient liquidity.
Benchmark
  • Thomson Reuters Convertible Global Focus Investment Grade
Investment style
None
Investment method
Convertibles
Fund manager
NameSinceBiography
Tolga Yildirim13/04/2009Tolga Yildirim is as Portfolio Manager responsible for convertible bonds and manages the Vontobel and Raiffeisen Convert Bond Global Fund. He joined Vontobel Asset Management in November 2007. From 1999, after the integration of DEVIF to the Union Asset Management Mr Yildrim worked at Union Investment Institutional. In his last position, after specialising in the management of pure convertible portfolios, he was responsible for two global convertible bond portfolios and for the successful track record of the Union Investment institutional convertible bond funds as Co-Manager. After graduating, Tolga Yildirim first entered the field of asymmetrical portfolio management as a junior portfolio manager at DEVIF (Deutsche Gesellschaft für Investmentfonds GmbH). Tolga Yildirim earned a MA in business administration and a MA in economics from the University of Cologne, additionally he is CEFA and FRM.
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, Germany, Spain, Finland, France, United Kingdom, Italy, Liechtenstein, Luxembourg, Norway, Offshore, Singapore, Sweden
Vontobel Global Convertible Bond A
Initial charge5%
Annual charge1.1%
Min single investment£5,000
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.36%
Total expense ratio (TER)1.36%
Bid price-
Offer price-
Mid price135.45
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF4Q5
Vontobel Global Convertible Bond AS Inc USD
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.76%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price93.23
CurrencyUSD
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNFGQ
Vontobel Global Convertible Bond B
Initial charge5%
Annual charge1.1%
Min single investment£5,000
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.36%
Total expense ratio (TER)1.36%
Bid price-
Offer price-
Mid price139.99
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF4Q6
Vontobel Global Convertible Bond C
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.76%
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price188.47
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGPB4
Vontobel Global Convertible Bond H (hedged) CHF
Initial charge5%
Annual charge1.1%
Min single investment£5,000
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.42%
Total expense ratio (TER)1.46%
Bid price-
Offer price-
Mid price133.05
CurrencyCHF
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF4Q8
Vontobel Global Convertible Bond H (hedged) USD
Initial charge5%
Annual charge1.1%
Min single investment£5,000
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.42%
Total expense ratio (TER)1.46%
Bid price-
Offer price-
Mid price142.51
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF4Q9
Vontobel Global Convertible Bond HI (hedged) USD
Initial charge5%
Annual charge0.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.35
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJ6P
Vontobel Global Convertible Bond HI hedged CHF
Initial charge5%
Annual charge0.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.87%
Bid price-
Offer price-
Mid price126.11
CurrencyCHF
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKXO3
Vontobel Global Convertible Bond I
Initial charge5%
Annual charge0.55%
Min single investment£5,000
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)0.77%
Bid price-
Offer price-
Mid price146.48
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF4Q7
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