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CONVERTINVEST All-Cap Convertibles Fund S T

Ranked 3 out of 97 in - Convertibles Europe over 12 months
All calculations are in EUR unless stated

Managed by

Gerhard Kratochwil

Gerhard Kratochwil holds an MBA and Doctorate Degree. He is a managing partner and portfolio manager with ConvertInvest Financial Services. Prior to this he worked for Merrill Lynch where he was managing director for all international activities of Merrill Lynch Convertibles and Equity Derivatives. He extended his experience in the area of banking and asset management as the manager of the Merrill Lynch Bank in Zurich and as chairman of the bank ML Austria AG. Gerhard has over 20 years experience in the industry.

Nils Lesser

Nils Lesser is chief investment officer at Convertinvest Financial Services. Nils has worked as an equity analyst since 1999. He obtained a degree in Business Administration from Berufsakademie Karlsruhe in 1998 and has been a Certified EFFAS Financial Analyst (CEFA) since 2001. Before joining Convert Invest in September 2007, he held different positions in equity research departments at Deutsche Bank, HSBC Trinkaus & Burkhardt and lastly as Vice President at Merck Finck & Co in Munich. Since 2008 he has been lead manager of the Convertinvest All Cap Convertibles and since 2012 lead manager of the Convertinvest European Convertibles and Bond Fund.

Horst Simbürger

Horst Simbürger, CEFA, is head of equities and bonds at Union Investment Austria based in Brunn. He joined the firm in 2016 and prior to this was CIO and fund manager at Volksbank Invest. Simbürger deals in convertibles using a blended investment style. He graduated from the Danube University Krems with an MSc in Economics and outside of work lists skiing among his interests.

Objective

The bond fund aims to generate regular income as an investment objective and invests primarily (at least 51% of the fund's assets) in convertible bonds from issuers (mostly companies) with different stock market capitalization, which are domiciled or active in Europe. In addition it may also invest in other securities, i.a. bonds and money market instruments issued by governments, companies or supranational issuers, in units of investment funds, and in sight and puttable deposits.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Convertibles Europe over : 30/09/2016 - 30/09/2017

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 2.6% 1.9% 2.3%
2016 0.3% -4.4% -1.4% 3.9% 2.3%
2015 7.8% 8.7% -0.6% -3.6% 3.6%
2014 3.6% 4.0% 0.3% -3.6% 3.0%
2013 11.6% 1.1% -0.7% 5.3% 5.6%
2012 15.1% 9.0% -3.8% 6.0% 3.6%
2011 -12.8% 2.5% -4.9% -8.7% -2.0%
2010 6.8% 4.3% -5.4% 4.5% 3.5%
2009 35.7% -0.5% 14.4% 15.7% 3.0%
2008 -5.5% -6.2% -5.8%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Germany

Fund Info

  • Launch date17/03/2008
  • Share Class size16Mn
  • Base currencyEUR
  • ISIN AT0000A09008

Purchase Info

  • Min. initial investment1
  • Min. regular additional investment0

Charges

  • Annual management1.13%
  • Initial investment3.5

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).