{"id":6937,"date":"2019-02-11T11:33:02","date_gmt":"2019-02-11T10:33:02","guid":{"rendered":"https:\/\/www.dynasty-am.lu\/?p=6937"},"modified":"2019-03-25T16:10:55","modified_gmt":"2019-03-25T15:10:55","slug":"quilvest-convertible-europe-refines-its-investment-universe","status":"publish","type":"post","link":"https:\/\/www.dynasty-am.lu\/en\/quilvest-convertible-europe-refines-its-investment-universe\/","title":{"rendered":"Quilvest Convertible Europe refines its investment universe"},"content":{"rendered":"

Since February 11 2019, Quilvest Convertible Europe<\/strong> has made minor changes to its prospectus in order to simplify its investment universe.<\/p>\n

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The focus is on pure convertible bonds<\/strong>. Thus, in order to be in line with our effective strategy, the authorization to invest in contingent convertible bonds<\/strong> (or \u201cCoCos\u201d) as well as to get an exposure to commodities <\/strong>(through indices, futures, synthetic products etc) has been excluded.<\/p>\n

 <\/p>\n

The investment universe is expanding to Europe to better capture good investment opportunities.<\/p>\n

As a result, the limit for investments in securities denominated in a currency other than the Euro<\/strong> increases to 30%<\/strong> of the fund\u2019s assets (10% previously). It should be noted that these securities will be hedged (maximum residual currency risk of 10%).<\/p>\n

The benchmark becomes the Exane Europe Convertible Bond<\/strong> (previously Exane Eurozone Convertible Bond).<\/p>\n

 <\/p>\n

Therefore, the strategy remains unchanged, namely:<\/p>\n