You will find our “Quilvest Convertibles Europe” fund in the December 12 2020 edition of Le Monde newspaper, available today at your newsagent.
“The European convertible bond market has shown an insolent growth since the beginning of the year with an increase of more than 5% (ECI-Europe H index), while the equity index, the Stoxx Europe 600, has fallen by almost 4%. »
Congratulations to our managers, Philippe HALB and Eric BOZZETTO, for this excellent performance. Indeed, the fund is the best-performing fund in the Morningstar European Convertibles category (as of December 7 2020), with a performance of +10.5% over 1 year and +4.4% annualized over 5 years, while maintaining a controlled equity sensitivity of 43% today.
Over 25 years, convertible bonds have even recorded a rise comparable to that of equities, with much lower volatility.