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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.
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.
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.
|Data as at 14/08/2019||MTD||YTD||2018||2017||2016||2015||2014|
|UBAM Convertibles Europe SRI AC EUR||-1.14%||2.48%||-9.52%||1.44%||-0.54%||3.68%||1.44%|
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.
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”.
|End of fiscal year||31 December|
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