Fact sheet: Oaktree OaktreGbCnvBd

Fund information

Fund name
Oaktree (Lux) - Global Convertible Bond CB
Fund company manager
Oaktree Capital Management (Lu
Fund type
SIB
Fund manager(s)
Jean-Pierre Latrille
since 01/02/2016
Petar Raketic
since 01/02/2016
Andrew Watts
since 01/06/2015
Abe Ofer
since 30/09/2010
Stu Spangler
since 01/06/2015
Fund objective
The fund carefully selects convertible securities from across the globe, including lower-rated instruments and securities with sophisticated terms. It combines the upside potential of global equities with the defensive character of bonds. The objective is to capture the greater portion of equity performance over full market cycles with reduced volatility, or to substantially outperform straight bonds with similar levels of risk. The fund pursues a bottom-up, non-benchmark oriented strategy and aims to be positioned at the ”sweet spot” of the curve, where the chance for upside potential outweighs downside risks. Currency risk is fully hedged.
Benchmark
Thomson Reuters Convertible Global Focus
Investment style
None
Investment method
Convertibles

Quick stats

1 Year return

7.91 %

1 Year rank in sector

30/77

Sector

FO Convertible

Yield
-
Fund size

£ 633.6 m

FE Risk score

37

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    38.17%
  • Japan
    14.77%
  • France
    12.08%
  • Germany
    7.58%
  • China
    5.66%
  • Information Technology
    15.72%
  • Industrials
    14.1%
  • Consumer Discretionary
    12.32%
  • Materials
    10.29%
  • Health Care
    10.14%
  • US Fixed Interest
    38.17%
  • Japanese Fixed Interest
    14.77%
  • French Fixed Interest
    12.08%
  • German Fixed Interest
    7.58%
  • Chinese Fixed Interest
    5.66%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.22 %4.76 %7.74 %16.54 %34.82 %
Sector0.89 %3.51 %6.36 %13.69 %27.3 %
Rank within sector23 / 8020 / 7830 / 77 / /
Quartile th2 nd2 nd2 nd th th

Calendar performance

YTD-20172016201520142013
Fund6.85 %5.58 %0 %0 %0 %
Sector5.52 %0.75 %2.92 %2.27 %11.66 %
Rank within sector29 / 784 / 76 / / /
Quartile th2 nd1 st th th th

Risk statistics

Alpha0.88
Beta0.92
Sharpe0.03
Volatility5.63
Tracking error2.51
Information ratio0.25
R-Squared0.8

Price movement

52 week high107.58
52 week low98.43
Current bid price0
Current offer price0
Current mid price107.68

Holdings by region

  • 38.17% USA
  • 14.77% Japan
  • 12.08% France
  • 7.58% Germany
  • 5.66% China
  • 3.03% Spain
  • 2.73% Canada
  • 2.48% Russia
  • 1.8% Mexico
  • 1.53% Austria

Holdings by sector

  • 15.72% Information Technology
  • 14.1% Industrials
  • 12.32% Consumer Discretionary
  • 10.29% Materials
  • 10.14% Health Care
  • 8.05% Real Estate
  • 8.01% Financials
  • 5.74% Cash & Cash Equivalents
  • 4.7% Consumer Staples
  • 4.53% Energy

Holdings by asset type

  • 38.17% US Fixed Interest
  • 14.77% Japanese Fixed Interest
  • 12.08% French Fixed Interest
  • 7.58% German Fixed Interest
  • 5.66% Chinese Fixed Interest
  • 3.03% Spanish Fixed Interest
  • 2.73% Canadian Fixed Interest
  • 2.48% Russian Fixed Interest
  • 1.8% Mexican Fixed Interest
  • 1.53% Austrian Fixed Interest

Individual holdings

  • 1.8% CEMEX S.A.B. DE C.V.
  • 1.64% AROUNDTOWN PROPERTY
  • 1.55% CTRIP.COM INTERNATIONAL
  • 1.5% SONY CORP
  • 1.44% TELENOR ASA
  • 1.4% KANSAI PAINT CO
  • 1.39% MITSUBISHI CHEMICAL HLDGS CORP
  • 1.35% Siemens AG Common Stock (Stamp Exempt)
  • 1.34% CHINA YANGTZE POWER CO
  • 1.3% NEXITY