BNP AM

The bank for a changing world

Enhanced-beta strategy with monthly optimal allocation to 11 Commodities curves.

Asset Class

Fixed Income

Style

Absolute Return

Objective:

The objective of the THEAM Quant – Convertible Europe Investment Grade Fund is to benefit from the upside potential on equity markets while reducing the downside risk by replicating the asymmetrical investment profile of convertible bonds.

Key points:

This synthetic Convertible Bond fund offers a differentiated and complementary approach to traditional Convertible Bond funds thanks to:

  • Firstly, an exposure to European large cap equities through options on the EURO STOXX 50 Index.
  • Moreover, an exposure to Investment grade bonds through the iBoxx Euro Corporates Overall Performance Index.
  • In addition, a dynamic management of the equity exposure (delta) to remain within a 20%-60% range.

Performance data and latest documents

    Investments in the aforementioned strategies are subject to market fluctuation and risks inherent in investing in securities. The value of investments and the revenue they generate can increase or decrease and it is possible that investors will not recover their initial investment. Source: BNP Paribas Asset Management Holding, registered with the Paris Registry of Commerce and Companies under number 682 001 904 as a Limited Company with share capital of 23 041 936 euros. Registered office: 1 Boulevard Haussmann, 75009 Paris. Postal address: TSA 47000/75318 PARIS CEDEX 09