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NN (L) Global Convertible Opps P Cap EUR Hi

Ranked 3 out of 46 in - Convertibles Global over 12 months
All calculations are in EUR unless stated

Managed by

Ivan Nikolov

Ivan joined the convertible bonds team at NNIP in London in 2015 as a Senior Portfolio Manager. Prior to that Ivan was a convertibles investment manager at Aberdeen Asset Management in London, jointly responsible for the AGII European Convertibles Bond Fund. Previously, Ivan worked at KNG Securities in London where he traded European and Asian convertibles with their institutional clients and carried out credit research. Ivan started his career at Pine River Capital Management where he helped managing European and Asian CB arbitrage hedge funds and a global tail risk hedging product. Ivan has an MA (Hons) in Economics and Management from Oxford University and is a CFA charterholder.

Tarek Saber

Tarek Saber joined NN Investment Partners at the end of November 2014, and currently leads the convertible bond business. Prior to this he worked for KKR as part of Avoca Capital. Before joining Avoca, he was at ABP/APG where he set up and managed the €6 billion corporate opportunity strategy fund which consisted of investments in convertible bonds and equity linked instruments. He was also joint head of private equity and was chairman of the supervisory board at IMQubator, a seeding vehicle created by ABP/APG. Before this, he spent seventeen years in investment banking as global head of convertible bonds at HSBC Investment Bank and as head of European convertible bonds and global head of global depository receipts trading at Schroder Securities. Earlier in his career, he also worked at NatWest Markets Ltd and Prudential-Bache Securities and in the manufacturing industry.

Jasper van Ingen

Jasper van Ingen joined NN Investment Partners at the end of November 2014 as senior portfolio manager convertible bond strategies. Prior to this he worked for KKR as part of Avoca Capital. Before joining Avoca, he was at ABP/APG where he co-managed the €6 billion corporate opportunity strategy fund which consisted of investments in convertible bonds and equity linked instruments.

Adam Vari

Objective

The Sub-Fund invests mainly in convertible bonds and equity linked securities issued by companies in all sectors globally. The Sub-Fund's investments, which include for a substantial proportion below investment grade and unrated bonds, are based on in-depth corporate analysis whereby the Sub-Fund seeks to anticipate both negative and positive developments in the companies financial and business strength, including its ability to meets its debt obligations. This Sub-Fund aims to beat the performance of the benchmark Thomson Reuters Convertible Bond Global Focus Index (USD hedged).

Showing fund performance in Netherlands View performance globally

Performance

Convertibles Global over : 31/08/2017 - 31/08/2018
  • Rank 3/46 Total Return
  • Rank 3/46 Standard Deviation
  • Rank 1/46 Max Drawdown
Fund Name Currency Return
1 Franklin Global Convertible Secs A (acc) EUR-H1

Currency exposure is hedged

Currency exposure is hedged

EUR

10.6%

2 Polar Capital Global Convertible I EUR Hgd

Currency exposure is hedged

Currency exposure is hedged

EUR

7.5%

3 NN (L) Global Convertible Opps P Cap EUR Hi

Currency exposure is hedged

Currency exposure is hedged

EUR

7.2%

4 AXA WF Framlington Global Convertibles FC EUR EUR

4.4%

5 FISCH Convertible Global Sustainable Fund AE EUR

4.1%

Fund Name Currency Risk
1 Man GLG Global Convertibles UCITS DL H EUR EUR

1.4

2 Candriam Bonds Convertible Defensive I Cap

Currency exposure is hedged

Currency exposure is hedged

EUR

1.9

3 NN (L) Global Convertible Opps P Cap EUR Hi

Currency exposure is hedged

Currency exposure is hedged

EUR

2.5

4 OYSTER Global Convertibles C EUR EUR

2.5

5 UBAM Global 10-40 Convertible Bond AC EUR EUR

2.7

Fund Name Currency Loss
1 NN (L) Global Convertible Opps P Cap EUR Hi

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.8%

2 Candriam Bonds Convertible Defensive I Cap

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.3%

3 Franklin Global Convertible Secs A (acc) EUR-H1

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.5%

4 AXA WF Framlington Global Convertibles FC EUR EUR

-1.5%

5 FISCH Convertible Global Sustainable Fund AE EUR

-1.7%

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 1.7% 1.0%
2017 3.8% 1.5% -0.2% 1.2% 1.3%
2016 3.4% 0.3%
2015 1.9% 3.0% -1.6% -1.1% 1.5%
2014 6.4% 2.7% 2.7% -1.2% 2.2%
2013 4.6%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Chile
  4. France
  5. Germany
  6. Luxembourg
  7. Netherlands
  8. Singapore
  9. Spain
  10. Sweden
  11. Switzerland

Fund Info

  • Launch date01/04/2015
  • Share Class size05Mn
  • Base currencyEUR
  • ISIN LU1165177103
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management1.20%
  • Initial investment1.20%

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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).