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Candriam Bonds Convertible Defensive N Cap

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

Managed by

Freddy Desquenne

Freddy Desquenne has been senior convertible bonds manager/analyst at Candriam since 2015. He joined the group as a thematic equity funds manager (cyclical, value, and growth) in 2001, and has spent his entire career at the firm. Desquenne holds master’s degrees in money, banking and finance from the Université Assas-Paris II and in finance and capital market from the Institut Supérieur de Gestion in France.

Clara Franse

Clara Franse-Nakache has been senior convertible bonds manager/analyst since 2013. Her first role came in 1997 as a buy-side analyst with Candriam, where she has spent her entire career. In 1999 she became a small-cap equity fund manager, and the following year an SRI and large cap equity manager. In 2002 she was made a real estate equity fund manager until the end of 2014 and in 2013 added to her responsibilities by taking on the role of senior convertible bonds manager and analyst. Franse-Nakache holds master’s degrees in economics from the University of Paris X and in finance and capital markets from the École Supérieure de Gestion in France. She also holds a financial analyst diploma from the French Society of Financial Analysts.

Olivier Genest

Olivier Genest has been head of convertible bond management at Candriam since 2013. He started his career as a convertible arbitrage trader at Bank CPR in 1993, joining Candriam in 2000 as a convertible arbitrage fund manager. In 2011 he became a global macro hedge fund manager, and was appointed to his current position two years later. Olivier has a Master’s degree in Science and Executive Engineering from the École des Mines de Paris.

Objective

The fund invests mainly in convertible bonds and investment grade (rated minimum BBB-/Baa3) corporate bonds with maturities of less than 5 years. It may use derivatives.

Showing fund performance in Portugal View performance globally

Performance

Convertibles Global over : 30/09/2017 - 30/09/2018
  • Rank 12/20 Total Return
  • Rank 2/20 Standard Deviation
  • Rank 5/20 Max Drawdown
Fund Name Currency Return
10 DWS Invest Corporate Hybrid Bonds LC EUR

-0.3%

11 Fidelity Funds - Global Hybrids Bond Y-ACC-EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.7%

12 Candriam Bonds Convertible Defensive N Cap EUR

-0.8%

13 Jupiter JGF Global Convertibles L EUR Acc EUR

-0.9%

14 F&C Global Convertible Bond A EUR Hedge

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.5%

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 -1.3% -0.2% 0.2%
2017 2.0% 0.6% 0.5% 0.5% 0.5%
2016 -0.1% -1.6% -0.9% 2.1% 0.3%
2015 3.0% 3.4% -0.3% -1.5% 1.5%

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

Fund Info

  • Launch date10/12/2014
  • Base currencyEUR
  • ISIN LU0459960695

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management1.00%
  • Initial investment0.00%

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