Aviva Investors GlConvtAbsRet Iah GBPInc


Fund Info

  • Yield History0.00%
  • 3 Year sharpe0.72
  • 3 Year alpha-2.42
  • Distribution Typeincome
  • BenchmarkICE LIBOR 1 Month USD
  • Legal StructureSICAV
  • Fund Size (month end)SICAV
  • OCF0.93%
  • Sector-
  • Manager GroupAviva
  • DomicileLuxembourg
  • ISINLU0459999123

Investment Strategy

The objective of the Fund is to earn a positive return on the Shareholder's investment regardless of market conditions (absolute return). The Sub-Fund mainly seeks exposure to high-quality convertible bonds from anywhere in the world. The Sub-Fund seeks to generate returns by identifying convertible bonds from large issues that offer a discount to their implied value and an attractive yield and high liquidity. The Sub-Fund may use derivatives for investment purposes to create both long and synthetic covered short positions on equity related securities. The Sub-Fund’s derivatives may include futures, options, swap contracts, swaptions, currency forwards (deliverable or non-deliverable), foreign exchange options and credit default swaps. The Sub-Fund’s maximum net long and net short positions are 200% and 100% of total net assets respectively, creating an expected net long bias of 50% of total net assets averaged over time.