Fact sheet: UBAM Convrtbl Eur 10-40

Fund information

Fund name
UBAM Convertibles Europe 10-40 AC EUR
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 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

1.69 %

1 Year rank in sector

67/76

Sector

FO Convertible

Yield
-
Fund size

£ 1.1 b

FE Risk score

36

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Germany
    24.65%
  • France
    17.41%
  • UK
    12.61%
  • Italy
    11.48%
  • Spain
    10.26%
  • Financials
    24.2%
  • Telecommunications
    19.5%
  • Consumer Staples
    11.5%
  • Utilities
    9.3%
  • Materials
    8.6%
  • German Fixed Interest
    24.65%
  • French Fixed Interest
    17.41%
  • UK Fixed Interest
    12.61%
  • Italian Fixed Interest
    11.48%
  • Spanish Fixed Interest
    10.26%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.57 %-0.46 %1.73 %0.2 %13.66 %
Sector1.87 %2.66 %6.51 %10.3 %24.43 %
Rank within sector73 / 7870 / 7767 / 7661 / 6544 / 51
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Calendar performance

YTD-20182017201620152014
Fund0.62 %1.18 %-2.51 %2.79 %3.24 %
Sector1.85 %5.22 %0.75 %2.92 %2.27 %
Rank within sector73 / 7863 / 7665 / 7238 / 6425 / 58
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Risk statistics

Alpha-2.13
Beta0.9
Sharpe-0
Volatility5.28
Tracking error2.06
Information ratio-1.18
R-Squared0.86

Price movement

52 week high1837.62
52 week low1766.41
Current bid price0
Current offer price0
Current mid price1803.35

Holdings by region

  • 24.65% Germany
  • 17.41% France
  • 12.61% UK
  • 11.48% Italy
  • 10.26% Spain
  • 7.62% Others
  • 5.9% Money Market
  • 5.65% Netherlands
  • 1.69% Switzerland
  • 1.41% United Arab Emirates

Holdings by sector

  • 24.2% Financials
  • 19.5% Telecommunications
  • 11.5% Consumer Staples
  • 9.3% Utilities
  • 8.6% Materials
  • 7.6% Consumer Discretionary
  • 6% Technology
  • 5.9% Money Market
  • 4.1% Industrials
  • 3.3% Energy

Holdings by asset type

  • 24.65% German Fixed Interest
  • 17.41% French Fixed Interest
  • 12.61% UK Fixed Interest
  • 11.48% Italian Fixed Interest
  • 10.26% Spanish Fixed Interest
  • 7.62% Global Fixed Interest
  • 5.9% Money Market
  • 5.65% Dutch Fixed Interest
  • 1.69% Swiss Fixed Interest
  • 1.41% GCC Fixed Interest

Individual holdings

  • 4% AMERICA MOVIL SAB DE CV 0% CNV BDS 28/05/20 EUR100000
  • 4% CRITERIA CAIXA 1.0% 25.11.2017
  • 3.8% TELECOM ITALIA SPA 1.1% 26.03.2022
  • 3.6% TELEFONICA 09.03.2021
  • 3.6% VEOLIA ENVIRON. 15.03.2021
  • 3.2% IBERDROLA INTERNATIONAL BV 0% CNV BDS 11/11/22 EUR100000
  • 2.9% BRENNTAG FIN. 1.9% 02.12.2022
  • 2.9% DEUTSCHE WOHNEN SE 0.325% CNV BDS 26/07/24 EUR100000
  • 2.8% FRESENIUS SE & CO KGAA 0% CNV BDS 31/01/24 EUR100000
  • 2.7% GRAND CITY PRO 0.3% 02.03.2022