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

-2.3 %

1 Year rank in sector

65/73

Sector

FO Convertible

Yield
-
Fund size

£ 263.5 m

FE Risk score

70

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    38.07%
  • France
    10.31%
  • Japan
    9.66%
  • China
    7.82%
  • Germany
    6.58%
  • Financials
    21.82%
  • Information Technology
    15.35%
  • Consumer Discretionary
    12.06%
  • Industrials
    11.01%
  • Health Care
    8.31%
  • Global Fixed Interest
    92.39%
  • Money Market
    4.85%
  • International Equities
    2.75%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.1 %-2.71 %-2.3 %-4.87 %2.66 %
Sector0.7 %-0.03 %2.12 %1.98 %17.65 %
Rank within sector63 / 7773 / 7565 / 7358 / 6448 / 49
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Calendar performance

YTD-20182017201620152014
Fund-1.5 %1.54 %-1.27 %2.83 %-0.71 %
Sector0.66 %5.22 %0.75 %2.92 %2.27 %
Rank within sector69 / 7557 / 7255 / 6835 / 5851 / 53
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Risk statistics

Alpha-2.1
Beta0.8
Sharpe-0
Volatility4.42
Tracking error1.77
Information ratio-1.24
R-Squared0.9

Price movement

52 week high189.86
52 week low181.41
Current bid price0
Current offer price0
Current mid price183.61

Holdings by region

  • 38.07% USA
  • 10.31% France
  • 9.66% Japan
  • 7.82% China
  • 6.58% Germany
  • 3.9% UK
  • 3.07% Switzerland
  • 2.7% Hong Kong
  • 1.89% Austria
  • 1.68% Philippines

Holdings by sector

  • 21.82% Financials
  • 15.35% Information Technology
  • 12.06% Consumer Discretionary
  • 11.01% Industrials
  • 8.31% Health Care
  • 7.54% Telecommunications Utilities
  • 6.74% Materials
  • 6.58% Energy
  • 4.19% Consumer Staples
  • 1.05% Real Estate

Holdings by asset type

  • 92.39% Global Fixed Interest
  • 4.85% Money Market
  • 2.75% International Equities

Individual holdings

  • 2.21% POSEIDON 0% 18-01.02.25 /CV
  • 1.75% INMARSAT 3.875% 09.09.23 /CV
  • 1.68% AYC FIN 0.5% 14-02.05.19 /CV
  • 1.56% JAZZ INV I LTD 1.875% NTS 15/08/21 USD1000
  • 1.55% CTRIP COM INTERNATIONAL 1% BDS 01/07/20 USD1000
  • 1.55% WELLS FARGO /PFD CONV
  • 1.54% DISH NETWORK CORP 3.375% CNV BDS 15/08/26 USD1000
  • 1.54% DP WORLD LTD 1.75% CNV BDS 19/06/24 USD200000
  • 1.52% NUANCE COM 1% 15-15.12.35 /CV
  • 1.5% TWITTER 1% 14-15.09.21 /CV