Fact sheet: EDRF Eur Covts

Fund information

Fund name
EDRF Europe Convertibles R EUR
Fund company manager
Edmond de Rothschild Asset Man
Fund type
SIB
Fund manager(s)
Laurent Le Grin
since 02/10/2015
Thibaud Bailly
since 10/11/2017
Fund objective
The objective is to grow the value of its assets in the medium term (3 to 5 years). The assets of the Sub-Fund are predominantly, but not exclusively, invested in convertible or exchangeable bonds with underlying assets in the eurozone. The Sub-Fund seeks to optimise the risk/return ratio over the specified period by diversifying its sources of return –underlying assets, sector, coupon, issuer, interest rate and currency –based on a systematic analysis of the various exposures.
Benchmark
Exane Euro Convertible Bond
Investment style
Active
Investment method
Convertibles

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

2.33 %

1 Year rank in sector

61/77

Sector

FO Convertible

Yield
-
Fund size

£ 714.9 m

FE Risk score

83

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Non-Rated
    32.9%
  • BBB
    22.4%
  • A
    21.3%
  • Money Market
    12.4%
  • BB
    7.7%
  • Global Fixed Interest
    87.6%
  • Money Market
    12.4%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund1.12 %-1.06 %2.33 %5.18 %17.78 %
Sector1.95 %2.58 %6.26 %11 %24.15 %
Rank within sector54 / 7971 / 7861 / 7756 / 6634 / 52
Quartile th3 rd4 th4 th4 th3 rd

Calendar performance

YTD-20182017201620152014
Fund1.58 %0.96 %0.24 %3.26 %0.4 %
Sector1.54 %5.22 %0.75 %2.92 %2.27 %
Rank within sector39 / 7866 / 7739 / 7325 / 6553 / 59
Quartile th2 nd4 th3 rd2 nd4 th

Risk statistics

Alpha-1.2
Beta0.94
Sharpe-0
Volatility6.08
Tracking error3.32
Information ratio-0.43
R-Squared0.7

Price movement

52 week high160.08
52 week low151.82
Current bid price0
Current offer price0
Current mid price156.42

Holdings by region

-

Holdings by sector

  • 32.9% Non-Rated
  • 22.4% BBB
  • 21.3% A
  • 12.4% Money Market
  • 7.7% BB
  • 2.2% Others
  • 1.1% B

Holdings by asset type

  • 87.6% Global Fixed Interest
  • 12.4% Money Market

Individual holdings

  • 3.7% BAYER AG 0.05% CNV BDS 15/06/20 EUR100000
  • 3.6% AMERICA MOVIL ECH KPN 202
  • 3.4% EVONIK INDUSTRIES AG
  • 3.3% UNIBAIL-RODAMCO 0% 01/07/
  • 3.1% IBESM 0 11/11/22