M Convertibles SRI
Our funds
M Convertibles SRI
ISIN: FR0013084357
Labellisations / SFDR
Awards
Ratings
Eurozone
Convertible Bonds
Method
Convert
Investment horizon
Longer than 3 years
VL
595.37€
10/11/2024
5 years performance
Risk Indicator - SRI
M Convertibles SRI is an equity convertible bonds fund predominantly invested in Eurozone and OCDE countries.
M Convertibles SRI investment process takes into account the ESG criteria.
Data refers to elapsed years. Past performances do not represent a reliable indicator of future performances. The UCITS presents a risk of capital loss.
The decision to invest takes into account all the characteristics, objectives and risks of the UCITS as described in its regulatory documentation : prospectus, KID, SFDR pre-contractual document if applicable, which should be referred to before making any final investment decision.
The MorningstarTM rating as at 31 December 2022 is presented without guarantee of accuracy, completeness or timeliness.
As of 31st December 2022, Quantalys rating are not guaranteed to be accurate, complete or timely, and concern funds’ capitalisation share classes.
M Convertibles SRI
M Convertibles SRI’ management method is based on 2 axes: purity and convexity
THE PURITY
THE CONVEXITY
→ The integrated option of a Convertible Bond is unique.
No market option replicates it and does not include its specific clauses.
whose objective is to:
→ reduce interest rate, credit and equity risks.
→ « locker » regularly profits.
→ An investment zone in the Euro zone.
THE PURITY
→ The integrated option of a Convertible Bond is unique.
No market option replicates it and does not include its specific clauses.
→ An investment zone in the Euro zone.
THE CONVEXITY
whose objective is to:
→ reduce interest rate, credit and equity risks.
→ « locker » regularly profits.
→ A global investment area.
→ The possibility of using derivatives on a complementary basis.
INTEGRATION FOR THE SRI ANALYSIS
Extended
exclusion lists
MSCI CCC Ratings
& Red Flags for
controversies
Montpensier
Governance Flag MGF
Montpensier Impact
Assessment MIA
The performance objective of the fund, which is based on European bond and equity markets, is to outperform the Refinitiv Europe Hedged Convertible Bond index over the medium term, through a discretionary investment management.
The M Convertibles SRI fund aims to capture equity market upside, whilst benefiting from the defensive aspect provided by the bond component of its investments, which mitigates downside market risk.
The M Convertibles SRI fund’s investments are managed on a discretionary basis. The portfolio management team applies a multi-criteria stock picking approach, analyzing equity upside potential, credit risk and the technical profile of convertible bonds.
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 Refinitiv Europe Hedged Convertible Bond Index EUR (ticker Bloomberg UCBIFX20 Index), net coupons reinvested, incorporating ESG criteria into the process of selecting and analysing portfolio securities.
UK Reporting Fund Status
UK Reporting Funds Status for M Convertibles SRI fund IC share class, is available via the following link : M Convertibles SRI UK Reporting Fund Status
Voting & Commitment
Click on the links below to view the annual reports on the exercise of voting rights and the commitment of the Management Company :
ISIN: FR0013084357
VL
595.37€
YTD
5.53%
5 YEARS PERFORMANCE
5.36%
7.74%
Lower risk
Higher risk
The risk indicator assumes that you hold the product for 3 years.
The real risk may be very different if you opt to exit before the end of the recommended holding period, and you may get less in return. You risk selling your product at a price that will significantly affect the amount you receive in return.
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.
→ Sustainability risk : the UCITS is exposed to the risk that an environmental, social or governance event or situation, if it occurs, may have a material adverse effect, actual or potential, on the value of the portfolio securities.
→ Other risks : volatility risk, high yield market risk, risk on subordinated securities, derivatives market risk, default risk, foreign exchange market risk, liquidity risk, risk associated with investments in small-cap stocks.
Risks are detailed in the prospectus.
Inception date
11 February 2016 after merging with 28 December 1990 FCP
Legal status
UCITS IV French-law compliant SICAV
AMF classification
n/a
PEA eligible (France only)
No
Currency
EUR
ISIN codes
FR0013084357 (M Convertibles SRI IC), FR0013084365 (M Convertibles SRI ID), FR0013083680 (M Convertibles SRI AC), FR0013084340 (M Convertibles SRI AD)
Cost
Refer to the prospectus and each fund share’s KID 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 3 years
Approved for distribution in
France, Switzerland, Luxembourg, Belgium, Germany, Italy (institutional investors)
Centralist
Caceis Bank
Transfer Agent
Caceis Bank, Luxembourg branch
SFDR
8