CT (Lux) Global Convertible Bond I Dis EUR

The Fund aims to achieve high returns in the value of your investment. The Fund invests at least two-thirds of its assets in convertible debt securities (securities that can be converted into a predetermined amount of a company's shares at certain times during its life, usually at the discretion of the bondholder) issued by corporations in Europe, the US, Japan and Asia. The Fund is not permitted to buy shares but is allowed to convert its debt securities to equity securities, however such securities will only be held temporarily prior to being sold. The Fund may invest in securities rated below investment grade up to a maximum exposure of 20% to securities rated B+ or lower, with a maximum exposure of 5% to securities rated CCC+ or lower (at the time of purchase). The Fund invests directly in these assets or by using derivatives (complex instruments). Derivatives will be used to obtain, increase or reduce exposure to underlying assets and may create leverage. Where leverage is created, the net asset value of the Fund may experience more fluctuation than if there were no leverage. The Fund may also use derivatives for hedging purposes or to manage the Fund more efficiently. The Fund is actively managed in reference to the FTSE Global Focus Open TR Index. The index is broadly representative of the securities in which the Fund invests, and provides a suitable comparator benchmark against which Fund performance will be measured and evaluated over time. The fund manager has discretion to select investments with weightings different to the index, and that are not in the index, and the Fund may display significant divergence from the index.

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No