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UBAM Convertibles Europe SRI AC EUR

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Drawing on the asymmetric nature of European convertible bonds within a socially responsible asset management framework
UBP, a leader in European convertible bonds, has joined forces with La Banque Postale Asset Management, an expert in socially responsible investing (SRI), to manage a socially responsible portfolio of European convertible bonds. This unique partnership offers a real alternative to European SRI equities.


Key Points

  • Two asset management firms have teamed up to put together their respective areas of expertise (convertible bonds and social responsibility screening)
  • A best-in-class, socially responsible approach
  • A cautious approach to credit risk – our investment process begins and ends with credit analysis
  • A strong alternative to European SRI equities

Investment case

Convertible bonds have a record of delivering equity-like returns over the long term with much lower volatility, improving the risk/return profi le of a diversifi ed portfolio.
They are partly exposed to equities but with a lower duration than same-maturity straight bonds. This makes them less sensitive to interest rate rises.
By collaborating with La Banque Postale Asset Management, UBP is offering access to this asymmetric profi le for investors keen to expose some of their assets, through SRI, to issuers that value fairness and sustainability in investment.

Fund concept

Convertibles Europe Responsable seeks to capitalise on the asymmetric risk/return profi le of European convertible bonds through an exposure to equity markets ranging from 10% to 60%. This exposure is actively managed, which should enable the fund to generate equity-like returns over the long term, whilst maintaining signifi cantly lower volatility.
The portfolio also aims at a higher average SRI rating than its benchmark, as measured by La Banque Postale Asset Management.

Performance

UBAM Convertibles Europe SRI AC EUR
NAV - Net Asset Value
Date
Data source : UBP SA
Data as at 16/10/2019 MTD YTD 2018 2017 2016 2015 2014
UBAM Convertibles Europe SRI AC EUR -0.07% 3.21% -9.52% 1.44% -0.54% 3.68% 1.44%
Disclaimer

Past performance is not indicative of present and/or future results. Price and availability are subject to change without notice. The value of investments may go up or down and investors may not get back the amount invested. Changes in foreign exchange rates may also cause the value of investments to fluctuate.

Library

LEGAL DOCUMENT
Title Updated French German English Italian
Annual report 31.12.2018 PDF
KIID 11.02.2019 PDF
Prospectus 01.07.2019 PDF
Semi-annual report 28.06.2019 PDF
Shareholders letter 18.07.2019 PDF PDF PDF PDF
MARKETING DOCUMENTATION
Title Updated French German English Italian
Factsheets 30.09.2019 PDF PDF PDF PDF
Monthly Report 30.09.2019 PDF
Product card 31.12.2019 PDF PDF PDF PDF
Quarterly comment 30.06.2019 PDF
OTHER
Title Updated French German English Italian
Portfolio 28.06.2019 PDF

Registration

ATAustria
BEBelgium
CHSwitzerland
DEGermany
DKDenmark
ESSpain
FIFinland
FRFrance
GBUnited Kingdom
GIGibraltar
IEIreland
ITItaly
KRSouth Korea
LULuxembourg
NLNetherlands
NONorway
PTPortugal
SESweden
SGSingapore
TWTaiwan
ATAustria
BEBelgium
CHSwitzerland
DEGermany
DKDenmark
ESSpain
FIFinland
FRFrance
GBUnited Kingdom
GIGibraltar
IEIreland
ITItaly
KRSouth Korea
LULuxembourg
NLNetherlands
NONorway
PTPortugal
SESweden
SGSingapore
TWTaiwan

Italy: I shares are only notified to the CONSOB.

Singapore: Sub-funds registered with the MAS (Monetary Authority of Singapore) can only be offered to “accredited investors”.


Fiscal information

Titre Statut
End of fiscal year 31 December
UK RFS No
German transparency Yes
Austrian transparency Yes
Italian reporting Yes
Switzerland RNI Yes
  • ISIN code
  • FR0011315787
  • Data as at
  • 16/10/2019
  • Latest NAV
  • 1'179.57 EUR
  • Fund's AUM
  • 101.93M EUR

Fund data

  • Legal structure FCP
  • Jurisdiction France
  • Launch date 28/09/2012
  • Base currency EUR
  • Asset class Convertible Bond
  • Geographical bias Europe
  • Inception date 28/09/2012

Share class data

  • Description AC EUR
  • Launch date 28/09/2012
  • Dividend type Capitalisation
  • Minimun initial investment 1 share
  • Subscription Daily
  • Redemption Daily
  • Management fee 1.00%
  • Performance fee No
  • Performance fee rate N/A
  • Last dividend N/A

Identifiers

  • Bloomberg UBCOEUR FP
  • Telekurs 19615042
  • Reuters -
  • WKN A1T6QY
  • SEDOL -
  • Morningstar Yes
  • Financial Express F3QF

Manager(s)

    Marc Basselier