Fact sheet: UBAM Convertibles Global

Fund information

Fund name
UBAM Convertibles Global AHD GBP
Fund company manager
Union Bancaire Privee
Fund type
SIB
Fund objective
The management objective is to enable the investor to benefit from the specific risk/return ratio of international convertible bonds. Convertible bonds have an asymmetric risk/return profile (all other things being equal, for a given variation in the underlying securities, upside participation is greater than downside participation). However, a convertible bond usually has a lower yield than a normal bond issued by the same issuer. This specific risk/return ratio may be altered by the fluctuations in interest rates, credit spreads and implied volatility.
Benchmark
UBS Convertibles Global USD
Investment style
None
Investment method
Convertibles

Quick stats

1 Year return

5.54 %

1 Year rank in sector

21/75

Sector

FO Convertible

Yield
-
Fund size

£ 388.3 m

FE Risk score

49

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    50%
  • Others
    10.8%
  • Japan
    9.5%
  • Germany
    9.3%
  • Hong Kong
    6.3%
  • Technology
    18.4%
  • Consumer Staples
    17.1%
  • Telecommunications
    16%
  • Industrials
    11.3%
  • Financials
    10%
  • US Fixed Interest
    50%
  • Global Fixed Interest
    10.8%
  • Japanese Fixed Interest
    9.5%
  • German Fixed Interest
    9.3%
  • Hong Kong Fixed Interest
    6.3%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.84 %1.75 %5.54 %13.03 %0 %
Sector-0.72 %1.35 %4.06 %7.15 %26.5 %
Rank within sector47 / 7733 / 7621 / 7511 / 62 /
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Calendar performance

YTD-20172016201520142013
Fund4.92 %0.79 %4.91 %6.52 %0 %
Sector3.21 %0.75 %2.92 %2.27 %11.66 %
Rank within sector20 / 7635 / 7418 / 695 / 62 /
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Risk statistics

Alpha1.73
Beta1.18
Sharpe0.14
Volatility6.96
Tracking error2.62
Information ratio0.8
R-Squared0.88

Price movement

52 week high1361.18
52 week low1249.02
Current bid price0
Current offer price0
Current mid price1339.41

Holdings by region

  • 50% USA
  • 10.8% Others
  • 9.5% Japan
  • 9.3% Germany
  • 6.3% Hong Kong
  • 6% France
  • 2.7% Netherlands
  • 2.2% Spain
  • 2.2% UK
  • 1% Hungary

Holdings by sector

  • 18.4% Technology
  • 17.1% Consumer Staples
  • 16% Telecommunications
  • 11.3% Industrials
  • 10% Financials
  • 8.3% Materials
  • 7.7% Consumer Discretionary
  • 4.6% Energy
  • 4.4% Money Market
  • 2.2% Utilities

Holdings by asset type

  • 50% US Fixed Interest
  • 10.8% Global Fixed Interest
  • 9.5% Japanese Fixed Interest
  • 9.3% German Fixed Interest
  • 6.3% Hong Kong Fixed Interest
  • 6% French Fixed Interest
  • 2.7% Dutch Fixed Interest
  • 2.2% Spanish Fixed Interest
  • 2.2% UK Fixed Interest
  • 1% Hungarian Fixed Interest

Individual holdings

  • 2.4% MICROCHIP TECHNOLOGY 1.625% BDS 15/02/27 USD1000 144A
  • 2.3% BAOSTEEL HK INV 01.12.2018
  • 2.1% ALLERGAN 01.03.2018
  • 2% BAYER CAPITAL CORP 5.625% CNV BDS 22/11/19 EUR100000
  • 1.8% DISH NETWORK 15.08.2026
  • 1.8% TELEFONICA 09.03.2021
  • 1.7% CEMEX S.A.B. DE C.V. 3.72% CNV BDS 15/03/20 USD1000
  • 1.5% AIRBUS GROUP SE 0% BDS 14/06/21 EUR100000
  • 1.5% PRICELINE GROUP INC (THE) 0.9% NTS 15/09/21 USD1000
  • 1.3% CHINA RAILWAY CONSTRUCTION CORP 1.5% CNV BDS 21/12/21 CNY2000000