- Investment horizon
Longer than 5 years
- 5 years performance
M Global Convertibles is an equity convertible bonds fund predominantly invested in global equities.
M Convertibles investment process takes into account the ESG criteria.
Before any investment, PLEASE CAREFULLY READ THE KIID AND PROSPECTUS OF THE UCITS.
M Global Convertibles' investment process is extended to the World
► The heart of the method :
- Pure convertible bonds : The option integrated in the convertible bond is unique.No available option is alike (specific clauses and maturity).
- Convexity aiming to :
- Reduce interest rate, credit and equity risks.
- Regularly lock-in profits.
► A global investment zone
► Listed derivatives derivatives may be used in addition to replace certain profiles or diversify investments outside the pure convertible bonds universe.
The management objectives of the SICAV consist in obtaining performance linked to that of the European bond markets and equities markets. In particular the management objective of the UCITS consists in obtaining over the recommended investment duration, performance greater than that of the Exane Eurozone Convertible Bond benchmark index. The UCITS mainly seeks sensitivity to the equities markets while aiming to limit the risk linked to an eventual decline in markets through the protective aspect of the bond component.
The fund is invested in equity convertible bonds. The portfolio is exposed on one hand, to equity risk, and on the other hand, to bond risk (interest rate and credit risks) because it is composed of convertible bonds with double sensitivities.
Convertible bonds risk : Convertible bonds valuation depends on several factors (interest rate level, underlying equity price, derivative price included in the convertible bond, etc.).
Risk of loss of capital : the fund does not offer any guarantee of performance nor capital.
Discretionary management risk : risk that the fund is not always invested in the best performing securities.
Other risks : small cap equity investments risk, emerging market investment risk, volatility risk, rate risk, credit risk, speculative securities risk, risk on subordinated securities, derivatives risk, counterparty risk, liquidity risk.
Risks are detailed in the prospectus.
|Inception date||4 October 2018|
|Legal status||UCITS IV French-law compliant SICAV|
|PEA eligible (France only)||No|
|ISIN codes||FR0013343142 (M Global Convertibles IC)|
|Cost||Refer to the prospectus and each fund share's KIID in the "download documents" box above.|
|Investment management company||Montpensier Finance|
|Custodian||Caceis Bank France|
|Valuation||Daily (Caceis Fund Admin)|
|Cut-off||Refer to the prospectus and contact the banking institution that handled the order.|
|Investment horizon||Longer than 5 years|
|Approved for distribution in||France|