Fact sheet: UBAM Eur 10-40 CvtbleBd

Fund information

Fund name
UBAM Euro 10-40 Convertible Bond AC EUR
Fund company manager
Union Bancaire Privee
Fund type
SIB
Fund objective
The investment objective of the Master sub-fund 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 special risk/return ratio may be altered by the fluctuations in interest rates, credit spreads and implied volatility.
Benchmark
No Specified Index
Investment style
Active
Investment method
Convertibles,Feeder fund

Quick stats

1 Year return

2.45 %

1 Year rank in sector

67/75

Sector

FO Convertible

Yield
-
Fund size

£ 281.4 m

FE Risk score

32

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Germany
    23%
  • France
    19.41%
  • Italy
    12.05%
  • UK
    9.75%
  • Others
    9.66%
  • Financials
    19.8%
  • Telecommunications
    16.2%
  • Consumer Discretionary
    12.5%
  • Consumer Staples
    8.7%
  • Materials
    8.5%
  • German Fixed Interest
    23%
  • French Fixed Interest
    19.41%
  • Italian Fixed Interest
    12.05%
  • UK Fixed Interest
    9.75%
  • Global Fixed Interest
    9.66%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.3 %1.19 %2.45 %-0.53 %16.44 %
Sector1.27 %2.42 %5.95 %8.06 %26.37 %
Rank within sector72 / 7757 / 7667 / 7563 / 6346 / 53
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Calendar performance

YTD-20172016201520142013
Fund1.75 %-3.09 %2.21 %2.62 %8.87 %
Sector4.63 %0.75 %2.92 %2.27 %11.66 %
Rank within sector64 / 7669 / 7448 / 6938 / 6141 / 54
Quartile th4 th4 th3 rd3 rd4 th

Risk statistics

Alpha-2.29
Beta0.87
Sharpe-0
Volatility5.2
Tracking error2.09
Information ratio-1.22
R-Squared0.86

Price movement

52 week high126.42
52 week low119.41
Current bid price0
Current offer price0
Current mid price124.32

Holdings by region

  • 23% Germany
  • 19.41% France
  • 12.05% Italy
  • 9.75% UK
  • 9.66% Others
  • 8.28% Spain
  • 8% Money Market
  • 4.97% Netherlands
  • 2.21% Portugal
  • 1.38% Belgium

Holdings by sector

  • 19.8% Financials
  • 16.2% Telecommunications
  • 12.5% Consumer Discretionary
  • 8.7% Consumer Staples
  • 8.5% Materials
  • 8.2% Energy
  • 8% Money Market
  • 7.9% Utilities
  • 6.3% Technology
  • 3.9% Industrials

Holdings by asset type

  • 23% German Fixed Interest
  • 19.41% French Fixed Interest
  • 12.05% Italian Fixed Interest
  • 9.75% UK Fixed Interest
  • 9.66% Global Fixed Interest
  • 8.28% Spanish Fixed Interest
  • 8% Money Market
  • 4.97% Dutch Fixed Interest
  • 2.21% Portuguese Fixed Interest
  • 1.38% Belgian Fixed Interest

Individual holdings

  • 4.4% STEINHOFF FINANCE HOLDING GMBH 1.25% CNV BDS 11/08/22 EUR100000 REG S
  • 3.8% AMERICA MOVIL SAB DE CV 0% CNV BDS 28/05/20 EUR100000
  • 3.6% TELECOM ITALIA SPA 1.1% 26.03.2022
  • 3.5% TELEFONICA 09.03.2021
  • 3.5% VEOLIA ENVIRON. 15.03.2021
  • 3.1% ENI 0% CNV BDS 13/04/22 EUR100000
  • 3.1% IBERDROLA INTERNATIONAL BV 0% CNV BDS 11/11/22 EUR100000
  • 2.9% STEINHOFF FIN H 1.3% 21.10.2023
  • 2.7% BRENNTAG FIN. 1.9% 02.12.2022
  • 2.7% DEUTSCHE WOHNEN SE 0.325% CNV BDS 26/07/24 EUR100000