IdB Global Convertible Fund
Fund Information
| Investment type |
global convertible bonds |
| Domicile |
The Netherlands |
| Currency |
EUR |
| Initial charge |
max. 3% |
| Annual management fee |
1% |
| Performance fee |
15% |
| Dilution levy for subscription |
+0.30% |
| Dilution levy for redemption |
-0.30% |
| Listing |
Amsterdam |
| Dividend |
yes |
| Distributed in |
the Netherlands |
| Pricing |
daily |
The fund’s objective is to enable the investor to benefit from the attractive risk/return ratio and developments of the global convertible market. The fund directly invests in 20 to 30 individual convertible bonds and adapts an active investment strategy to extract value from all the variables that determine the value of a convertible bond. On top of this, valuation models, with which amongst others the value of the embedded call-option on the underlying stock can be assessed, play a very important role in determining the attractiveness of a particular convertible. The fund will invest at least 85% in European convertibles
Available downloads
Annual Reports
IdB Rent Select N.V.
As per the 1st april 2005 IdB Rent Select N.V. has merged with IdB Global Convertible Fund. The semi and semi annual reports of IdB Rent Select N.V. For the IdB Rent Select N.V. annual and semi annual reports of 2004 see the links bellow:
Note 1: the prospectus, complementary prospectus document, the annual report 2004 and the semi annual reports are only available in dutch
Note 2: the annual reports are part of the prospectus
Disclaimer
Important information: This information has been prepared by Insinger de Beaufort Asset Management N.V. on the basis of publicly available information, internally developed data and other sources believed to be reliable. Whilst all reasonable care has been taken to ensure that the facts stated are accurate and the opinions are fair and reasonable, neither Insinger de Beaufort Asset Management N.V., nor any director or employee, shall in any way be responsible for any reliance placed on its contents. Past performance is not necessarily a guide to future performance. The value of investments and the income from them can fall as well as rise and is not guaranteed
