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

2.47 %

1 Year rank in sector

64/75

Sector

FO Convertible

Yield
-
Fund size

£ 613.1 m

FE Risk score

77

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    46.47%
  • Japan
    9.82%
  • France
    6.16%
  • Germany
    4.29%
  • UK
    3.82%
  • Financials
    24.34%
  • Information Technology
    18.09%
  • Consumer Discretionary
    13.64%
  • Health Care
    10.61%
  • Industrials
    8.45%
  • Global Fixed Interest
    88.64%
  • Money Market
    6.86%
  • International Equities
    4.5%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.32 %1.14 %2.47 %2.75 %12.95 %
Sector1.37 %2.39 %5.76 %7.99 %26.18 %
Rank within sector41 / 7763 / 7664 / 7559 / 6352 / 53
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Calendar performance

YTD-20172016201520142013
Fund2.64 %-1.27 %2.83 %-0.71 %8.99 %
Sector4.56 %0.75 %2.92 %2.27 %11.66 %
Rank within sector56 / 7660 / 7440 / 6957 / 6137 / 54
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Risk statistics

Alpha-1.43
Beta0.85
Sharpe-0
Volatility4.99
Tracking error1.71
Information ratio-1
R-Squared0.91

Price movement

52 week high189.77
52 week low181.86
Current bid price0
Current offer price0
Current mid price188.43

Holdings by region

  • 46.47% USA
  • 9.82% Japan
  • 6.16% France
  • 4.29% Germany
  • 3.82% UK
  • 2.82% Canada
  • 2.8% Hong Kong
  • 2.64% China
  • 2.28% Austria
  • 2.24% Hungary

Holdings by sector

  • 24.34% Financials
  • 18.09% Information Technology
  • 13.64% Consumer Discretionary
  • 10.61% Health Care
  • 8.45% Industrials
  • 6.98% Energy
  • 4.32% Materials
  • 3.58% Telecommunications Utilities
  • 1.79% Consumer Staples
  • 0.96% Real Estate

Holdings by asset type

  • 88.64% Global Fixed Interest
  • 6.86% Money Market
  • 4.5% International Equities

Individual holdings

  • 2.89% WELLS FARGO /PFD CONV
  • 2.24% MNV ZRT 3.375% CNV BDS 02/04/19 EUR100000
  • 2.24% SUZUKI MOTOR CORP 0% CNV BDS 31/03/21 JPY10000000
  • 1.84% DISH NETWORK CORP 3.375% CNV BDS 15/08/26 USD1000
  • 1.72% ELEMENT FINL CORP 4.25% CNV BDS 30/06/20 CAD1000
  • 1.69% TELENOR ASA 0.25% CNV BDS 20/09/19 USD200000
  • 1.61% AMG CAP TR 5.15% DEB/CONV PFD
  • 1.58% TOTAL SA 0.5%02.12.22/CV
  • 1.51% STEINHOFF FINANCE HOLDING GMBH 1.25% CNV BDS 11/08/22 EUR100000 REG S
  • 1.5% BAGAN CAPITAL LTD 0% CNV BDS 23/09/21 USD1000