Fact sheet: Oyster Gbl Convtl

Fund information

Fund name
Oyster Global Convertibles N EUR
Fund company manager
SYZ Asset Management (Luxembou
Fund type
SIB
Fund manager
Advent Capital Management LLC
since 02/04/2009
Fund objective
The fund’s objective is to provide investors with capital growth, mainly by investing in convertible bonds globally. The fund targets companies and sectors that are temporarily out-of-favour, whose convertible bonds are trading close to bond value. The managers select instruments with favourable credit and equity fundamentals as well as positive asymmetry, which should capture more equity relative to any potential downside loss.
Benchmark
BarCap Global Defensive Convertible Index TR Hedged EUR
Investment style
None
Investment method
Convertibles

Quick stats

1 Year return

1.23 %

1 Year rank in sector

67/75

Sector

FO Convertible

Yield
-
Fund size

£ 617.9 m

FE Risk score

73

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    49.29%
  • Japan
    10.11%
  • France
    6.07%
  • Germany
    4.4%
  • UK
    3.93%
  • Financials
    23.55%
  • Information Technology
    19.57%
  • Consumer Discretionary
    13.84%
  • Health Care
    11.94%
  • Industrials
    8.76%
  • Global Fixed Interest
    92.72%
  • International Equities
    3.81%
  • Money Market
    3.47%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-1.53 %-0.52 %1.03 %1.05 %13.57 %
Sector-0.75 %1.42 %4.11 %7.12 %26.73 %
Rank within sector67 / 7767 / 7667 / 7556 / 6252 / 54
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Calendar performance

YTD-20172016201520142013
Fund1.41 %-1.27 %2.83 %-0.71 %8.99 %
Sector3.18 %0.75 %2.92 %2.27 %11.66 %
Rank within sector61 / 7660 / 7438 / 6958 / 6237 / 55
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Risk statistics

Alpha-1.27
Beta0.85
Sharpe-0
Volatility4.98
Tracking error1.73
Information ratio-0.92
R-Squared0.9

Price movement

52 week high189.77
52 week low181.86
Current bid price0
Current offer price0
Current mid price186.16

Holdings by region

  • 49.29% USA
  • 10.11% Japan
  • 6.07% France
  • 4.4% Germany
  • 3.93% UK
  • 3.02% China
  • 2.9% Canada
  • 2.48% Hong Kong
  • 2.36% Hungary
  • 2.3% Austria

Holdings by sector

  • 23.55% Financials
  • 19.57% Information Technology
  • 13.84% Consumer Discretionary
  • 11.94% Health Care
  • 8.76% Industrials
  • 7.16% Energy
  • 4.45% Materials
  • 3.68% Telecommunications Utilities
  • 1.81% Consumer Staples
  • 1% Real Estate

Holdings by asset type

  • 92.72% Global Fixed Interest
  • 3.81% International Equities
  • 3.47% Money Market

Individual holdings

  • 2.34% MNV ZRT 3.375% CNV BDS 02/04/19 EUR100000
  • 2.34% SUZUKI MOTOR CORP 0% CNV BDS 31/03/21 JPY10000000
  • 1.99% WELLS FARGO /PFD CONV
  • 1.87% DISH NETWORK CORP 3.375% CNV BDS 15/08/26 USD1000
  • 1.79% AMG CAP TR 5.15% DEB/CONV PFD
  • 1.76% ELEMENT FINL CORP 4.25% CNV BDS 30/06/20 CAD1000
  • 1.73% TELENOR ASA 0.25% CNV BDS 20/09/19 USD200000
  • 1.64% TOTAL SA 0.5%02.12.22/CV
  • 1.6% SIEMENS FINANCIERINGSMAAT NV 1.65% BDS 16/08/19 USD250000
  • 1.56% JAZZ INV I LTD 1.875% NTS 15/08/21 USD1000