Fact sheet: UBAM Convertibles Global

Fund information

Fund name
UBAM Convertibles Global AHD GBP
Fund company manager
Union Bancaire Privee
Fund type
SIB
Fund manager(s)
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

8.92 %

1 Year rank in sector

18/77

Sector

FO Convertible

Yield
-
Fund size

£ 400.5 m

FE Risk score

49

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    49%
  • Japan
    10.9%
  • Others
    9.7%
  • Germany
    8.5%
  • Hong Kong
    7.5%
  • Technology
    18.1%
  • Consumer Staples
    16.1%
  • Telecommunications
    16.1%
  • Industrials
    10.5%
  • Financials
    10.4%
  • US Fixed Interest
    49%
  • Japanese Fixed Interest
    10.9%
  • Global Fixed Interest
    9.7%
  • German Fixed Interest
    8.5%
  • Hong Kong Fixed Interest
    7.5%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.12 %4.29 %8.92 %19.82 %0 %
Sector1.08 %3.14 %6.62 %13.57 %28 %
Rank within sector29 / 8025 / 7818 / 7710 / 63 /
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Calendar performance

YTD-20172016201520142013
Fund7.36 %0.79 %4.91 %6.52 %0 %
Sector5.45 %0.75 %2.92 %2.27 %11.66 %
Rank within sector24 / 7837 / 7618 / 686 / 60 /
Quartile th2 nd2 nd2 nd1 st th

Risk statistics

Alpha1.08
Beta1.17
Sharpe0.16
Volatility6.79
Tracking error2.46
Information ratio0.62
R-Squared0.88

Price movement

52 week high1370.95
52 week low1249.02
Current bid price0
Current offer price0
Current mid price1370.57

Holdings by region

  • 49% USA
  • 10.9% Japan
  • 9.7% Others
  • 8.5% Germany
  • 7.5% Hong Kong
  • 6.3% France
  • 2.6% Netherlands
  • 2.3% UK
  • 2.2% Spain
  • 1% Hungary

Holdings by sector

  • 18.1% Technology
  • 16.1% Consumer Staples
  • 16.1% Telecommunications
  • 10.5% Industrials
  • 10.4% Financials
  • 9.1% Consumer Discretionary
  • 8% Materials
  • 5.3% Energy
  • 4.3% Money Market
  • 2.1% Utilities

Holdings by asset type

  • 49% US Fixed Interest
  • 10.9% Japanese Fixed Interest
  • 9.7% Global Fixed Interest
  • 8.5% German Fixed Interest
  • 7.5% Hong Kong Fixed Interest
  • 6.3% French Fixed Interest
  • 2.6% Dutch Fixed Interest
  • 2.3% UK Fixed Interest
  • 2.2% Spanish Fixed Interest
  • 1% Hungarian Fixed Interest

Individual holdings

  • 2.4% MICROCHIP TECHNOLOGY 1.625% BDS 15/02/27 USD1000 144A
  • 2.2% BAOSTEEL HK INV 01.12.2018
  • 2% ALLERGAN 01.03.2018
  • 2% PRICELINE GROUP INC (THE) 0.9% NTS 15/09/21 USD1000
  • 1.8% BAYER CAPITAL CORP 5.625% CNV BDS 22/11/19 EUR100000
  • 1.8% TELEFONICA 09.03.2021
  • 1.7% DISH NETWORK 15.08.2026
  • 1.6% CEMEX S.A.B. DE C.V. 3.72% CNV BDS 15/03/20 USD1000
  • 1.4% AIRBUS GROUP SE 0% BDS 14/06/21 EUR100000
  • 1.3% YAMADA DENKI CO 0% CNV BDS 28/06/19 JPY10000000 REG S