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Lazard Convertible Global AC H EUR

Ranked 2 out of 20 in - Convertibles Global over 12 months
All calculations are in EUR unless stated

Managed by

Arnaud Brillois

Arnaud Brillois, CFA, is a director and portfolio manager/analyst on the global convertibles team at Lazard Freres Gestion (LFG). Brillois joined LFG in 2008 and was the head of convertible bonds and co-head of alternative and structured products before relocating to New York with Lazard Asset Management in 2017. Prior to joining LFG, he was the director of alpha bonds and convertible bonds management at Natixis Asset Management. He is a graduate of ISCID (Institut Superieur de Commerce International de Dunkerque) and a CFA charterholder and has successfully passed the SFAF (Societe Francaise des Analystes Financiers) and FRM exams. He began working in the investment industry in 2000.

Objective

The fund seeks to outperform the Thomson Reuters Convertible Global Focus Index in euro in the mid-term. To attain this objective, the strategy will rely on an active management of interest, currency and credit risks and on our stock-picking approach. The portfolio is mainly invested in convertible bonds, exchangeable bonds, bonds with equity warrants, perpetual preferred shares, corporate and financials traded debt, sovereign debt, French law money-market and bond funds (whether or not UCITS-compliant) invested in bonds and other types of Euro-denominated debt (10% maximum), and shares resulting from a conversion of the above-defined instrument types (10% maximum).

Showing fund performance in Portugal View performance globally

Performance

Convertibles Global over : 31/08/2017 - 31/08/2018
  • Rank 2/20 Total Return
  • Rank 18/20 Standard Deviation
  • Rank 2/20 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 Lazard Convertible Global AC H EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

9.2%

3 UBAM Global Convertible Bond AC EUR EUR

4.0%

4 AXA WF Framlington Global Convertibles E C EUR EUR

3.5%

5 UBS (Lux) Bond Sicav - Convert Gl (EUR)Pa EUR

2.4%

Fund Name Currency Risk
16 Amundi Fds Convertible Global - AE (C) EUR

4.4

17 UBAM Global Convertible Bond AC EUR EUR

4.7

18 Lazard Convertible Global AC H EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

4.7

19 Invesco Global Convertible Fd E EUR Hgd Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

5.2

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

Currency exposure is hedged

Currency exposure is hedged

EUR

6.5

Fund Name Currency Loss
1 Franklin Global Convertible Secs A (acc) EUR-H1

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.5%

2 Lazard Convertible Global AC H EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.7%

3 UBS (Lux) Bond Sicav - Convert Gl (EUR)Pa EUR

-1.9%

4 AXA WF Framlington Global Convertibles E C EUR EUR

-1.9%

5 Candriam Bonds Convertible Defensive N Cap EUR

-2.1%

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 2.4% 0.8%
2017 15.4% 4.5% 3.6% 4.0% 2.5%
2016 2.7%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. France
  3. Germany
  4. Italy
  5. Luxembourg
  6. Portugal
  7. Spain
  8. Switzerland
  9. United Kingdom

Fund Info

  • Launch date30/09/2016
  • Share Class size493Mn
  • Base currencyEUR
  • ISIN FR0013185535
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment1
  • Min. regular additional investment0

Charges

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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).