Funds and prices
Overview
The actively managed fund invests primarily in EUR-denominated convertible bonds issued by companies with registered office in Europe.
The fund can also acquire a limited number of convertible bonds issued by other European companies.
Combines the upside potential of equities with the defensive features of bonds.
The investment objective is to fully exploit the risk-return features of European convertible bond markets.
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
|
Portfolio management |
斗牛棋牌在线 Asset Management Switzerland AG, Zurich
|
Fund management |
斗牛棋牌在线 Fund Management (Luxembourg) S.A., Luxembourg
|
Custodian bank |
斗牛棋牌在线 Europe SE, Luxembourg Branch
|
Representative for products established under foreign law |
斗牛棋牌在线 Fund Management (Switzerland) AG
|
Day of inception |
July 30, 2012
|
Currency of account |
EUR
|
Close of financial year |
March 31
|
Issue / redemption |
daily
|
Maturity |
Open end
|
Management fee |
0.40% p.a.
|
Total expense ratio (TER) |
0.53% p.a.
|
Minimum investment |
-
|
Reference Index / Benchmark |
Refinitiv Eurozone Convertible Bond Index (EUR)
|
Cut-Off Time |
15:00h (CET)
|
Securities no. |
4734576
|
ISIN |
LU0804734944
|
Bloomberg Ticker |
斗牛棋牌在线CEA1 LX
|
Telekurs Id |
n.a.
|
Performance and Prices
Percentage growth
as of April 3, 2024EUR(%) | CHF(%) | USD(%) | |
YTD | 3.15 | 8.76 | 1.05 |
1M | |||
3M | |||
6M | |||
1Y | |||
2Y | 6.28 | 0.07 | 10.01 |
3Y | |||
5Y | 7.31 | -6.02 | 3.42 |
ø p.a.5Y | 1.42 | -1.23 | 0.67 |
Current data
Net asset value | 03.04.2024 | EUR 139.05 |
High - last 12 months | 28.03.2024 | EUR 139.17 |
Low - last 12 months | 30.10.2023 | EUR 128.67 |
Last distribution | 06.06.2023 | EUR 1.02 |
Assets of the unit class in mn | 03.04.2024 | EUR 13.00 |
Total product assets in mn | 03.04.2024 | EUR 293.23 |
Structures
By the 10 largest positions (in %, as of February 29, 2024)
|
|
Evonik(RAG) 0% 2026 | 2.88 |
Rheinmetall 2.25% 2030 | 2.12 |
Schneider Electric 0% 2026 | 2.09 |
Deutsche Telekom(JPM) 0% 2025 | 2.08 |
Cembra Money Bank 0% 2026 | 2.05 |
Ubisoft Entertainment 2.875% 2031 | 2.01 |
LEG Immobilien 0.4% 2028 | 2.01 |
Prysmian 0% 2026 | 2.00 |
Zalando 0.625% 2027 | 1.98 |
Italgas(SNAM) 3.25% 2028 | 1.95 |
Fees
Distributions
Date of distribution
|
Pay date
|
Cps no.
|
Currency
|
Distribution
|
01.06.2023 | 06.06.2023 | 11 | EUR | 1.02 |
Authorisations
Literature
Document type
|
Document Language
|
|||
Prospectus |
|
|
||
Key Information Document |
|
|
|
|
Past performance |
|
|
|
|
Previous performance scenario |
|
|
|
|
Statutes / Management regulations |
|
|
||
Swiss Climate Scores Report |
|
|||
ASIP ESG Report |
|
|
|
Document type
|
Document Language
|
||
Annual report |
|
|
|
Semi-annual report |
|
|
|