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SWC (LU) BF COCO ATH CHF

Ranked 2 out of 53 in - Convertibles Global over 12 months
All calculations are in CHF unless stated

Managed by

Daniel Björk

A lover of tennis and skiing, Daniel Björk originally from Stockholm in Sweden is currently based in Zurich where he is a senior portfolio manager and lead analyst in banks at Swisscanto Asset Management. Prior to this, he was a senior portfolio manager at SEB Investment Management. Daniel currently manages the Swisscanto (LU) Bond Invest CoCo using a total return investment style. He graduated from Uppsala University and Stockholm School of Economics with his degree in Financial Economics.

Objective

The fund invests mainly in bank bonds. They can be contingent convertible bonds (CoCos) or subordinate financial bonds. By adding this innovative investment fund, institutional investors can make their portfolio's range of alternative investments even more attractive. The new fund is also a good opportunity for private investors with an appropriate risk tolerance to supplement their portfolio with a high-yield component.

Showing fund performance in Switzerland View performance globally

Performance

Convertibles Global over : 31/10/2016 - 31/10/2017
  • Rank 2/53 Total Return
  • Rank 50/53 Standard Deviation
  • Rank 47/53 Max Drawdown
Fund Name Currency Return
1 Lazard Convertible Global AC H CHF

Currency exposure is hedged

Currency exposure is hedged

CHF

18.7%

2 SWC (LU) BF COCO ATH CHF

Currency exposure is hedged

Currency exposure is hedged

CHF

14.9%

3 CS (Lux) Contingent Capital Euro Fund QBH CHF

Currency exposure is hedged

Currency exposure is hedged

CHF

12.6%

4 ZIF Wandelanleihen Global A1 CHF

12.5%

5 LLB Wandelanleihen Klasse H CHF

Currency exposure is hedged

Currency exposure is hedged

CHF

12.1%

Fund Name Currency Risk
48 Franklin Global Convertible Secs A (acc) CHF-H1

Currency exposure is hedged

Currency exposure is hedged

CHF

4.4

49 Polar Capital Global Convertible I CHF Hdg Acc

Currency exposure is hedged

Currency exposure is hedged

CHF

4.6

50 SWC (LU) BF COCO ATH CHF

Currency exposure is hedged

Currency exposure is hedged

CHF

4.7

51 BlueBay Global Convertible Bond R CHF

Currency exposure is hedged

Currency exposure is hedged

CHF

5.0

52 CIC CH Convert Bond C

Currency exposure is hedged

Currency exposure is hedged

CHF

5.9

Fund Name Currency Loss
45 GAM Multibond - Global Convert Bd-CHF A

Currency exposure is hedged

Currency exposure is hedged

CHF

-1.9%

46 Deutsche Invest I Corporate Hybrid Bonds CHF FCH

Currency exposure is hedged

Currency exposure is hedged

CHF

-1.9%

47 SWC (LU) BF COCO ATH CHF

Currency exposure is hedged

Currency exposure is hedged

CHF

-1.9%

48 M&G Global Convertibles CHF A-H Acc

Currency exposure is hedged

Currency exposure is hedged

CHF

-2.0%

49 ZIF Wandelanleihen Global A1 CHF

-2.4%

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 3.8% 4.5% 2.6%
2016 1.1% -5.3% 0.2% 5.0% 1.5%
2015 1.8% 3.4% -2.6% -0.9% 2.0%
2014 5.6% 3.3% 3.1% -1.6% 0.7%
2013 8.0% 0.6% 1.1% 2.8% 3.3%
2012 28.6% 10.8% -3.4% 10.0% 9.3%
2011 -13.1% 3.0%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Germany
  3. Liechtenstein
  4. Luxembourg
  5. Switzerland
  6. United Kingdom

Fund Info

  • Launch date31/05/2011
  • Share Class size31Mn
  • Base currencyCHF
  • ISIN LU0599119533
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment1
  • Min. regular additional investment0

Charges

  • Annual management1.30%

Related News

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CoCos market set to grow ten-fold by 2020, says bond manager

Swisscanto's Daniel Björk is expected a rapid rise in issuance but has stressed the need to be even more selective than ever.

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