Factsheet LiLux Convert


LU0069514817

Marketing Advertisement | Updated 28 March 2024

Investment Policy

The fund primarily invests in convertible bonds and other fixed-rate securities from international issuers. The fund’s assets can be denoted in the currencies of the mem-ber states of the OECD or any freely convertible currency. Loans can be taken out for the fund if they are to be used solely for investment purposes. These loans essen-tially serve to hedge currency. The sub-fund is actively managed and not through a reference to a benchmark index.

Performance

Past performance is not indicative of future returns.

Source: Bloomberg LiLux Convert
Period  Performance (EUR)
1 month 0.85%
3 months 1.49%
6 months 2.88%
Current year 1.49%
1 year 3.98%
3 years 1.20%
5 years 11.81%
10 years 22.09%
20 years 157.23%

Broken down by Country

Broken down by Currency

Broken down by Sector

Fund Master Data
KAG VP Fund Solutions (Luxembourg) SA
ISIN LU0069514817
Security ID 986275
Benchmark Thomson Reuters Global Focus Hedged CB TR EUR
Sector Convertible Global
Issue Date 1.08.1996
Fund Manager NOBIS Asset Management S.A.
Morningstar
Authorization for distribution L, FL, A¹, D¹, CH¹
Currency EUR
Issue surcharge² 3.00%
Redemption fee² up to 1.00%
Management fee 1.35%
Total Expense Ratio 1.96%
Performance Fee
Type of payout Plough back
NAV per 28.03.24³ EUR 249.18
Fund volume as per 28.03.24 EUR 131.3 million
¹ For professional investors
² Plus applicable brokerage fees charged by the main bank. These costs may be associated with the purchase, holding, conversion or sale of units or shares of the sub-fund and may reduce the investor’s return.
³ Excluding applicable issue surcharges
Top-Holdings  
   
0 % Rohm CV 19/24 9.06%
0 % Glencore Funding LLC CV 18/25 8.65%
VAR BAT 21/Perp. 7.22%
VAR BNP Par. Fort 07/Perp. 6.83%
VAR Storebrand Livsf 21/Perp. 5.75%
0 % TAIYO YUDEN CV 23/30 5.01%
   
Leverage Ratio 0%

Average 1 year volatility 4.72% (Source: Bloomberg)

Asset Allocation / Broken down by Rating

Disclaimer

This is a marketing advertisement. Please read the prospectus or the constituent documents, the investor information, and the key investor information (PRIP) before making a final investment decision. Like any investment in securities and comparable assets there is a risk of falling share prices and currency losses as-sociated with an investment in investment funds. This means that the prices of the fund shares and the level of income fluctuate and cannot be guaranteed. The costs of the fund’s investments influence the actual investment performance. The statutory sales documents apply to the acquisition of shares. All information published here serves solely to describe the product and does not constitute any investment advice and does not contain an offer of a consultancy agreement, contract for the provision of information or for the purchase/sale of securities. The contents have been carefully researched and compiled. No liability can be assumed for their correctness, completeness or accuracy.

This data relates to the past and does not constitute a guarantee for future performance. The management and custodian bank fees and all other costs, which are charged to the fund in accordance with the contractual terms and conditions, are included in the calculations. The investment advertised in this marketing ad is for the purchase of units or shares of the sub-fund and not for the purchase of any underlying asset acquired by the sub-fund.

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