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
Thomson Reuters Global Defensive Inv Grade TR Hedged EUR
Investment style
None
Investment method
Convertibles

Quick stats

1 Year return

-3.93 %

1 Year rank in sector

68/73

Sector

FO Convertible

Yield
-
Fund size

£ 258.1 m

FE Risk score

70

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    44.73%
  • Japan
    10.05%
  • China
    9.82%
  • France
    8.68%
  • Germany
    7.65%
  • Financials
    21.55%
  • Consumer Discretionary
    17.47%
  • Information Technology
    14.38%
  • Industrials
    11.47%
  • Materials
    7.89%
  • Global Fixed Interest
    97.36%
  • International Equities
    4.13%
  • Money Market
    -1.49%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.74 %-3.73 %-3.93 %-4.49 %3.16 %
Sector-0.8 %-2.07 %0.52 %2.66 %17.31 %
Rank within sector51 / 7959 / 7468 / 7354 / 6347 / 48
Quartile th3 rd4 th4 th4 th4 th

Calendar performance

YTD-20182017201620152014
Fund-2.32 %1.54 %-1.27 %2.83 %-0.71 %
Sector-0.44 %5.22 %0.75 %2.92 %2.27 %
Rank within sector60 / 7457 / 7154 / 6634 / 5649 / 51
Quartile th4 th4 th4 th3 rd4 th

Risk statistics

Alpha-2.12
Beta0.8
Sharpe-0
Volatility4.33
Tracking error1.83
Information ratio-1.26
R-Squared0.87

Price movement

52 week high189.86
52 week low180.84
Current bid price0
Current offer price0
Current mid price182.08

Holdings by region

  • 44.73% USA
  • 10.05% Japan
  • 9.82% China
  • 8.68% France
  • 7.65% Germany
  • 5.61% Switzerland
  • 3.04% UK
  • 2.32% Austria
  • 2.16% British Virgin Islands
  • 1.62% United Arab Emirates

Holdings by sector

  • 21.55% Financials
  • 17.47% Consumer Discretionary
  • 14.38% Information Technology
  • 11.47% Industrials
  • 7.89% Materials
  • 7.87% Health Care
  • 7.73% Energy
  • 6.48% Telecommunications Utilities
  • 4.31% Consumer Staples
  • 1.82% Real Estate

Holdings by asset type

  • 97.36% Global Fixed Interest
  • 4.13% International Equities
  • -1.49% Money Market

Individual holdings

  • 3.04% BANK OF AMERICA CORP 7.25% NON CUM PREF SHS SER`L`
  • 2.95% WELLS FARGO /PFD CONV
  • 2.25% POSEIDON 0% 18-01.02.25 /CV
  • 2.16% ZHONGSHENG 0% 18-23.05.23 /CV
  • 1.99% GLENCORE 0% 18-27.03.25/CV REGS
  • 1.96% TOTAL SA 0.5%02.12.22/CV
  • 1.91% SIEMENS FINANCIERINGSMAAT NV 1.65% BDS 16/08/19 USD250000
  • 1.84% SONY CORP 0% CNV BDS 30/09/22 JPY1000
  • 1.82% DTCH WOH 0.6% 17-5.1.26/CV REGS
  • 1.64% CTRIP COM INTERNATIONAL 1% BDS 01/07/20 USD1000