NOBC Europe Convertibles

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Benefiting from rising European equity markets with bond protection

NOAM Europe Convertibles Convertibles provides access to the long-term performance of European equities with, in the short term, bond protection.
The fund is mainly invested in European convertible bonds (both traditional and synthetic) and optimises the features of the asset class through diversification into other instruments: bonds, equities and options.
The investment team sets the overall objectives for the fund’s sensitivity – in terms of geographic region, equities, credit, sectors, interest rates – then selects those companies with the most promising valuation prospects (equities or credit). It analyses and chooses the most attractive instruments in terms of performance and risk. The weightings of individual securities are set so as to achieve the overall sensitivity objectives.
The fund is systematically hedged against currency risks

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Depending whether each convertible bond shows an equity or bond exposure, the fund is then hedged accordingly to prevent any currency risk

Why invest in NOAM Europe Convertibles?

  • to combine prudence with equity market exposure
  • ;
  • To benefit from the attraction of the convertibles bonds < /LI>.
  • Long term allocation for the assets
  • .

    Performances

    Calculate Performance :

    from to  
    Month to date 1 year (rolling) 5 years (rolling)
    -1,24% from 30/04/2012 to 14/05/2012 -10,6% from 13/05/2011 to 14/05/2012 -5,29% from 14/05/2007 to 14/05/2012

    Characteristics

  • ISIN code (accumulation shares): FR00110281477
  • There is also an I share available
  • Horizon: >3 years
  • Manager: Luc Varenne
  • Index: UBS Global Convertible Europe
  • Actual management fees: 1,15%
  • Entry/exit fees: 2,50%/0%
  • Subscription/redemption: before 5.30pm

  • Documentation available

    Télécharger le doc pdf Monthly Report of 26/02/2010   See archives
    Télécharger le doc produit Simplified prospectus Télécharger le doc produit Full prospectus  
    Télécharger le doc produit Quarterly Snapshot of 30/03/2012   See archives
    Télécharger le doc produit Presentation of 31/12/2010   See archives
    Télécharger le doc produit Présentation  

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