UBAM - European Convertible Bond ID EUR
ISIN LU0500231682 / Valor 11164306
UBAM - European Convertible Bond ID EUR
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General Objective
The fund aims to grow capital and generate income by investing primarily in convertible bonds or equivalent with a minimum rating of B(S&P or FITCH) or B3 (Moody's) or an equivalent internal rating, focusing on companies with headquarters in OECD member states or listed on European markets.
Fund Exposure
The fund is exposed to European countries, with at least 2/3 of its net assets in companies domiciled or conducting a significant part of their economic activity in Europe. It promotes environmental and social characteristics while investing in companies with good governance practices, aiming for a higher ESG rating than the Refinitiv Europe Hedged Convertible Bond Index.
Risks
The fund faces risks such as counterparty risk, credit risk, currency risk, and liquidity risk. Counterparty risk arises from over-the-counter derivatives, credit risk from bond investments, currency risk from overseas markets, and liquidity risk from difficult transactions. These risks are detailed in the prospectus under "Risk Factors."
Source
https://www.ubp.com/en/asset-management/funds/lu0862306585
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