Fact sheet: UBAM Convrtbl Eur 10-40

Fund information

Fund name
UBAM Convertibles Euro 10-40 AC EUR
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 convertible bonds from the Eurozone. 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
Thomson Reuters Eurozone Focus Convertibles Hedged EUR index
Investment style
None
Investment method
Convertibles

Quick stats

1 Year return

3.94 %

1 Year rank in sector

60/75

Sector

FO Convertible

Yield
-
Fund size

£ 1.3 b

FE Risk score

34

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Germany
    24.2%
  • France
    19.3%
  • Italy
    12%
  • Others
    11.7%
  • Spain
    10.8%
  • Financials
    21.8%
  • Telecommunications
    13%
  • Consumer Discretionary
    12.6%
  • Energy
    10.8%
  • Consumer Staples
    10.1%
  • German Fixed Interest
    24.2%
  • French Fixed Interest
    19.3%
  • Italian Fixed Interest
    12%
  • Global Fixed Interest
    11.7%
  • Spanish Fixed Interest
    10.8%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.4 %2.11 %3.8 %0.77 %25.01 %
Sector0.23 %3.46 %6.47 %7.15 %30.85 %
Rank within sector54 / 7557 / 7560 / 7559 / 6237 / 54
Quartile th3 rd4 th4 th4 th3 rd

Calendar performance

YTD-20172016201520142013
Fund2.26 %-2.51 %2.79 %3.24 %9.54 %
Sector4.22 %0.75 %2.92 %2.27 %11.66 %
Rank within sector59 / 7567 / 7440 / 6927 / 6231 / 55
Quartile th4 th4 th3 rd2 nd3 rd

Risk statistics

Alpha-1.64
Beta0.87
Sharpe-0
Volatility5.24
Tracking error2.08
Information ratio-0.9
R-Squared0.86

Price movement

52 week high1837.62
52 week low1730.1
Current bid price0
Current offer price0
Current mid price1811.43

Holdings by region

  • 24.2% Germany
  • 19.3% France
  • 12% Italy
  • 11.7% Others
  • 10.8% Spain
  • 7.3% UK
  • 5.6% Netherlands
  • 4.4% Portugal
  • 3.2% Belgium
  • 1.5% Finland

Holdings by sector

  • 21.8% Financials
  • 13% Telecommunications
  • 12.6% Consumer Discretionary
  • 10.8% Energy
  • 10.1% Consumer Staples
  • 8.4% Utilities
  • 8.3% Money Market
  • 6.4% Industrials
  • 5.6% Materials
  • 3% Technology

Holdings by asset type

  • 24.2% German Fixed Interest
  • 19.3% French Fixed Interest
  • 12% Italian Fixed Interest
  • 11.7% Global Fixed Interest
  • 10.8% Spanish Fixed Interest
  • 7.3% UK Fixed Interest
  • 5.6% Dutch Fixed Interest
  • 4.4% Portuguese Fixed Interest
  • 3.2% Belgian Fixed Interest
  • 1.5% Finnish Fixed Interest

Individual holdings

  • 4.2% AMERICA MOVIL SAB DE CV 0% CNV BDS 28/05/20 EUR100000
  • 4.2% PARPUBLICA-PARTICPACOES PUBLIC SGPS 5.25% CNV BDS 28/09/17(GALP ENERGIA SGPS
  • 3.9% STEINHOFF FINANCE HOLDING GMBH 1.25% CNV BDS 11/08/22 EUR100000 REG S
  • 3.7% SIEMENS FINANCIERINGSMAAT NV 1.65% BDS 16/08/19 USD250000
  • 3.6% IBERDROLA INTERNATIONAL BV 0% CNV BDS 11/11/22 EUR100000
  • 3.5% CRITERIA CAIXA 1.0% 25.11.2017
  • 3.2% TELECOM ITALIA SPA 1.1% 26.03.2022
  • 3.2% TELEFONICA 09.03.2021
  • 3.2% TOTAL. 0.5% 02.12.2022
  • 3.1% VEOLIA ENVIRON 15.03.2021