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 14/04/2009
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
2.3%
1 Year rank in sector
31/71
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.
1.36%
Fund size
£244m (£257m 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.
61
Top in this sector
Fund name1 Year
Man Convertibles Am10.5%
Franklin Gl Cnvtl Secrts8.4%
CQS Global Convertible UCITS7.8%
HAM Gbl Convtbl Bd6.8%
Calamos Gbl Convtl Opps6.3%
...more in FO Convertible

Performance snapshot

Holdings snapshot

  • Japan23.2%
    USA19%
    Others13.8%
    France11%
    Germany10.6%
  • Convertibles92.7%
    Money Market7.3%
  • Japanese Fixed Interest23.2%
    US Fixed Interest19%
    Global Fixed Interest13.8%
    French Fixed Interest11%
    German Fixed Interest10.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%4.2%2.7%2.3%8.4%29.5%
Sector0.3%2.7%2.9%1.8%8.6%31.5%
Rank within sector24 / 7427 / 7443 / 7431 / 7130 / 6230 / 51
Quartile2nd2nd3rd2nd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund0.1%1.3%4.6%14.1%5.8%
Sector0.2%2.9%2.3%11.7%10.9%
Rank within sector34 / 7353 / 6812 / 6214 / 5650 / 52
Quartile2nd4th1st1st4th
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.
0.48
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.
0.85
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.
0.01
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%.
5.29
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.
2.05
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.
-0.03
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.
0.88
Price movement
52 week high144.05
52 week low131.19
Current bid price-
Current offer price-
Current mid price141.88
Region
1Japan23.2%
2USA19%
3Others13.8%
4France11%
5Germany10.6%
6Money Market7.3%
7United Arab Emirates4.9%
8China3.9%
9Mexico3.4%
Industry sector
1Convertibles92.7%
2Money Market7.3%
Asset type
1Japanese Fixed Interest23.2%
2US Fixed Interest19%
3Global Fixed Interest13.8%
4French Fixed Interest11%
5German Fixed Interest10.6%
6Money Market7.3%
7GCC Fixed Interest4.9%
8Chinese Fixed Interest3.9%
9Mexican Fixed Interest3.4%
Individual holdings
1INTEL CORP 3.25% CNV BDS 01/08/39 USD10003.6%
2SIEMENS FINANCIERING cv 1.65%/12-1608192.8%
3DEUTSCHE POST AG 0.6% CNV BDS 06/12/19(DT POST)EUR1000002.6%
4TOTAL SA 0.5% NON DILUT CNV BD 02/12/22(TOTAL)USD2.6%
5PRICELINE GROUP INC (THE) 0.9% NTS 15/09/21 USD10002.4%
6SIEMENS FINANCIERINGSMAAT NV 1.05% BDS 16/08/17 USD2500002.4%
7AMERICA MOVIL SAB DE CV 5.5% CNV BDS 17/09/18 EUR1000002.2%
8RED HAT INC 0.25% BDS 01/10/19 USD10002.1%
9DP WORLD LTD 1.75% CNV BDS 19/06/24 USD2000002%
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 Yildirim14/04/2009Tolga 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 price137.28
CurrencyEUR
Price updated23/09/2016
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 price99.49
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
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 price141.88
CurrencyEUR
Price updated23/09/2016
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 price191.17
CurrencyEUR
Price updated23/09/2016
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 price134.95
CurrencyCHF
Price updated23/09/2016
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 price144
CurrencyUSD
Price updated23/09/2016
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 price108.31
CurrencyUSD
Price updated23/09/2016
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 price127.77
CurrencyCHF
Price updated23/09/2016
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 price148.3
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF4Q7
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