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

-2.22 %

1 Year rank in sector

58/71

Sector

FO Convertible

Yield
-
Fund size

£ 260.1 m

FE Risk score

70

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    45.08%
  • France
    9.85%
  • Japan
    9.72%
  • China
    8.88%
  • Germany
    7.83%
  • Financials
    22.12%
  • Information Technology
    15.84%
  • Consumer Discretionary
    15.7%
  • Industrials
    11.31%
  • Health Care
    7.7%
  • Global Fixed Interest
    95.51%
  • International Equities
    3.94%
  • Money Market
    0.54%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.19 %-1.23 %-2.22 %-3.12 %5.08 %
Sector-0.04 %0.71 %2.03 %4.04 %19.64 %
Rank within sector26 / 7559 / 7358 / 7157 / 6347 / 48
Quartile th2 nd4 th4 th4 th4 th

Calendar performance

YTD-20182017201620152014
Fund-1.21 %1.54 %-1.27 %2.83 %-0.71 %
Sector0.7 %5.22 %0.75 %2.92 %2.27 %
Rank within sector57 / 7355 / 7054 / 6634 / 5649 / 51
Quartile th4 th4 th4 th3 rd4 th

Risk statistics

Alpha-2.29
Beta0.8
Sharpe-0
Volatility4.43
Tracking error1.79
Information ratio-1.33
R-Squared0.89

Price movement

52 week high189.86
52 week low181.41
Current bid price0
Current offer price0
Current mid price184.15

Holdings by region

  • 45.08% USA
  • 9.85% France
  • 9.72% Japan
  • 8.88% China
  • 7.83% Germany
  • 3.88% Switzerland
  • 2.9% UK
  • 2.71% Austria
  • 1.53% United Arab Emirates
  • 1.36% British Virgin Islands

Holdings by sector

  • 22.12% Financials
  • 15.84% Information Technology
  • 15.7% Consumer Discretionary
  • 11.31% Industrials
  • 7.7% Health Care
  • 7.48% Energy
  • 6.21% Materials
  • 5.92% Telecommunications Utilities
  • 4.87% Consumer Staples
  • 1.79% Real Estate

Holdings by asset type

  • 95.51% Global Fixed Interest
  • 3.94% International Equities
  • 0.54% Money Market

Individual holdings

  • 2.87% BANK OF AMERICA CORP 7.25% NON CUM PREF SHS SER`L`
  • 2.82% WELLS FARGO /PFD CONV
  • 2.15% POSEIDON 0% 18-01.02.25 /CV
  • 1.9% GLENCORE 0% 18-27.03.25/CV REGS
  • 1.89% TOTAL SA 0.5%02.12.22/CV
  • 1.8% SONY CORP 0% CNV BDS 30/09/22 JPY1000
  • 1.79% DTCH WOH 0.6% 17-5.1.26/CV REGS
  • 1.76% SIEMENS FINANCIERINGSMAAT NV 1.65% BDS 16/08/19 USD250000
  • 1.59% TECFP 0.875% 16-25.01.21 /CV()
  • 1.53% DP WORLD LTD 1.75% CNV BDS 19/06/24 USD200000