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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 : 31/12/2016 - 31/12/2017
  • Rank 2/53 Total Return
  • Rank 44/53 Standard Deviation
  • Rank 2/53 Max Drawdown
Fund Name Currency Return
1 Lazard Convertible Global AC H CHF

Currency exposure is hedged

Currency exposure is hedged

CHF

15.0%

2 SWC (LU) BF COCO ATH CHF

Currency exposure is hedged

Currency exposure is hedged

CHF

14.4%

3 CS (Lux) Contingent Capital Euro Fund QBH CHF

Currency exposure is hedged

Currency exposure is hedged

CHF

11.7%

4 Franklin Global Convertible Secs A (acc) CHF-H1

Currency exposure is hedged

Currency exposure is hedged

CHF

9.5%

5 Polar Capital Global Convertible I CHF Hdg Acc

Currency exposure is hedged

Currency exposure is hedged

CHF

8.7%

Fund Name Currency Risk
43 BlueBay Global Convertible Bond R CHF

Currency exposure is hedged

Currency exposure is hedged

CHF

3.8

44 SWC (LU) BF COCO ATH CHF

Currency exposure is hedged

Currency exposure is hedged

CHF

3.8

45 GAM Multibond - Global Convert Bd-CHF A

Currency exposure is hedged

Currency exposure is hedged

CHF

3.8

46 H. A. M. Convertible Growth Fund CHF CHF

4.1

Fund Name Currency Loss
1 Oaktree (Lux) Fds-Oaktree Gl Conv Bond H CHF B

Currency exposure is hedged

Currency exposure is hedged

CHF

-0.2%

2 SWC (LU) BF COCO ATH CHF

Currency exposure is hedged

Currency exposure is hedged

CHF

-0.3%

3 Deutsche Invest I Corporate Hybrid Bonds CHF FCH

Currency exposure is hedged

Currency exposure is hedged

CHF

-0.4%

4 Lazard Convertible Global AC H CHF

Currency exposure is hedged

Currency exposure is hedged

CHF

-0.4%

5 Jupiter JGF Global Convertibles I CHF Acc HSC

Currency exposure is hedged

Currency exposure is hedged

CHF

-0.5%

Total Return

Quarterly Performance

to 31/12/2017 Annual Q1 Q2 Q3 Q4
2017 14.4% 3.8% 4.5% 2.6% 2.8%
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. France
  3. Germany
  4. Liechtenstein
  5. Luxembourg
  6. Switzerland
  7. United Kingdom

Fund Info

  • Launch date31/05/2011
  • Share Class size30Mn
  • Base currencyCHF
  • ISIN LU0599119533
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment1
  • Min. regular additional investment0

Charges

  • Annual management1.30%

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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).