Funds and prices
Overview
The actively managed fund invests worldwide in convertible bonds.
Convertible bonds combine the upside potential of equities and the defensive characteristics of bonds.
The investment objective is to take full advantage of the beneficial risk-return characteristics of the global convertible bond markets.
Foreign currencies are largely hedged versus the reference currency.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
Benefits
Investors participate in some of the price gains when equity markets are rising, and benefit from the defensive characteristics of a bond investment in falling markets.
The portfolio's return potential is considerably increased using carefully selected convertible bonds, without incurring significant additional risk.
Risks
Features
Product category |
Bond
Convertibles |
Product domicile |
Luxembourg
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Portfolio management |
斗牛棋牌在线 Asset Management Switzerland AG, Zurich
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Fund management |
斗牛棋牌在线 Fund Management (Luxembourg) S.A., Luxembourg
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Custodian bank |
斗牛棋牌在线 Europe SE, Luxembourg Branch
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Representative for products established under foreign law |
斗牛棋牌在线 Fund Management (Switzerland) AG
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Regulation |
UCITS
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Legal form |
Unlimited
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Day of inception |
May 17, 2013
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Currency of account |
EUR
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Close of financial year |
May 31
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Issue / redemption |
daily
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Maturity |
Open end
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Management fee |
0.44% p.a.
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Total expense ratio (TER) |
0.57% p.a.
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Minimum investment |
EUR 30,000,000.00
|
Reference Index / Benchmark |
Refinitiv Global Convertible Index - Global Vanilla Hedged EUR
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Cut-Off Time |
15:00h (CET)
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Securities no. |
4731787
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ISIN |
LU0396332214
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Bloomberg Ticker |
斗牛棋牌在线CIA3 LX
|
Telekurs Id |
n.a.
|
Performance and Prices
Percentage growth
as of April 3, 2024EUR(%) | CHF(%) | USD(%) | |
YTD | 1.82 | 7.36 | -0.25 |
1M | |||
3M | |||
6M | |||
1Y | |||
2Y | 10.69 | 4.23 | 14.57 |
3Y | |||
5Y | 23.19 | 7.89 | 18.73 |
ø p.a.5Y | 4.26 | 1.53 | 3.49 |
Current data
Net asset value | 03.04.2024 | EUR 153.64 |
High - last 12 months | 28.03.2024 | EUR 154.03 |
Low - last 12 months | 30.10.2023 | EUR 140.68 |
Last distribution | 04.08.2023 | EUR 0.87 |
Assets of the unit class in mn | 03.04.2024 | EUR 376.98 |
Total product assets in mn | 03.04.2024 | EUR 3,764.51 |
Structures
By the 10 largest positions (in %, as of February 29, 2024)
|
|
Wayfair 1% 2026 | 1.55 |
Palo Alto Networks 0.375% 2025 | 1.54 |
ADNOC Distribution 0.7% 2024 | 1.54 |
Alnylam Pharmaceuticals 1% 2027 | 1.47 |
Akamai Technologies 0.375% 2027 | 1.46 |
Western Digital 3% 2028 | 1.31 |
Global Payments 1.5% 2031 | 1.25 |
Wolfspeed 1.875% 2029 | 1.22 |
Danone(BNP)0% 2024 | 1.21 |
ON Semiconductor 0% 2027 | 1.20 |
Fees
Distributions
Date of distribution
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Pay date
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Cps no.
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Currency
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Distribution
|
01.08.2023 | 04.08.2023 | 11 | EUR | 0.87 |
Authorisations
Literature
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Document Language
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Prospectus |
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Key Information Document |
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Past performance |
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Previous performance scenario |
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Statutes / Management regulations |
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ESG Disclosure |
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SFDR Pre-Contractual Annex |
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Swiss Climate Scores Report |
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ASIP ESG Report |
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Document type
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Annual report |
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Semi-annual report |
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