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(s)
Paul L. Latronica
since 26/03/2009
Hart Woodson
since 26/03/2009
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
Bloomberg BarCap Global Defensive Convertible Index TR Hedged EUR
Investment style
None
Investment method
Convertibles

Quick stats

1 Year return

-1.48 %

1 Year rank in sector

69/76

Sector

FO Convertible

Yield
-
Fund size

£ 588.6 m

FE Risk score

73

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    44.87%
  • Japan
    10.39%
  • France
    8.41%
  • Germany
    6.78%
  • China
    4.23%
  • Financials
    23.91%
  • Information Technology
    15.85%
  • Consumer Discretionary
    10.33%
  • Industrials
    10.28%
  • Health Care
    9.31%
  • US Fixed Interest
    44.87%
  • Japanese Fixed Interest
    10.39%
  • French Fixed Interest
    8.41%
  • German Fixed Interest
    6.78%
  • Chinese Fixed Interest
    4.23%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-2.54 %-0.99 %-1.48 %-1.7 %8.47 %
Sector-1.57 %2.29 %3.39 %5.67 %22.37 %
Rank within sector77 / 7870 / 7869 / 7658 / 6551 / 52
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Calendar performance

YTD-20182017201620152014
Fund-0.97 %1.54 %-1.27 %2.83 %-0.71 %
Sector0.29 %5.22 %0.75 %2.92 %2.27 %
Rank within sector74 / 7861 / 7658 / 7237 / 6455 / 58
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Risk statistics

Alpha-1.65
Beta0.82
Sharpe-0
Volatility4.69
Tracking error1.82
Information ratio-1.18
R-Squared0.89

Price movement

52 week high189.86
52 week low181.41
Current bid price0
Current offer price0
Current mid price184.61

Holdings by region

  • 44.87% USA
  • 10.39% Japan
  • 8.41% France
  • 6.78% Germany
  • 4.23% China
  • 3.29% UK
  • 3.14% Canada
  • 3.04% Hong Kong
  • 2.32% Hungary
  • 1.96% Switzerland

Holdings by sector

  • 23.91% Financials
  • 15.85% Information Technology
  • 10.33% Consumer Discretionary
  • 10.28% Industrials
  • 9.31% Health Care
  • 8.25% Telecommunications Utilities
  • 8.09% Energy
  • 5.27% Materials
  • 4.4% Consumer Staples
  • 0.86% Real Estate

Holdings by asset type

  • 44.87% US Fixed Interest
  • 10.39% Japanese Fixed Interest
  • 8.41% French Fixed Interest
  • 6.78% German Fixed Interest
  • 4.23% Chinese Fixed Interest
  • 3.29% UK Fixed Interest
  • 3.14% Canadian Fixed Interest
  • 3.04% Hong Kong Fixed Interest
  • 2.32% Hungarian Fixed Interest
  • 1.96% Swiss Fixed Interest

Individual holdings

  • 3.2% WELLS FARGO /PFD CONV
  • 2.33% MNV ZRT 3.375% CNV BDS 02/04/19 EUR100000
  • 1.99% ELEMENT FINL CORP 4.25% CNV BDS 30/06/20 CAD1000
  • 1.88% DISH NETWORK CORP 3.375% CNV BDS 15/08/26 USD1000
  • 1.69% BAGAN CAPITAL LTD 0% CNV BDS 23/09/21 USD1000
  • 1.68% TOTAL SA 0.5%02.12.22/CV
  • 1.67% TELENOR ASA 0.25% CNV BDS 20/09/19 USD200000
  • 1.6% ON SEMICOND 1% 16-01.12.20 /CV
  • 1.55% CTRIP COM INTERNATIONAL 1% BDS 01/07/20 USD1000
  • 1.53% SIEMENS FINANCIERINGSMAAT NV 1.65% BDS 16/08/19 USD250000