NOBC Europe Convertibles
Morningstar
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?
Performances
Calculate Performance :
| 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
| There is also an I share available | |
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Documentation available
Monthly Report of 26/02/2010 |
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Simplified prospectus
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Full prospectus
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Quarterly Snapshot of 30/03/2012 |
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Presentation of 31/12/2010 |
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Présentation |
In the same asset class ...
Overall Morningstars end of mars 2012, source - 2012 Morningstar, Inc. All rights reserved.
Past performances offer no guarantee for future results. Noncontractual information.


Monthly Report of 26/02/2010