DNCA Invest Global Convertibles
Global Convertible Bonds
Art.8
Key points
Investing in convertible bonds to benefit from the growth potential of equities whilst limiting volatility.
- The sub-fund invests mainly in convertible bonds, mainly denominated in euros.
- A combination of DNCA Finance's seasoned expertise in equity and fixed-income management.
- A patrimonial approach through a hybrid asset class considered attractive compared to traditional bond management.
NAV
€90.78
Risk indicator
Lower risk
Higher risk
Risks :
- Risk relating to discretionary management
- Interest-rate risk
- Credit risk
- Risk of capital loss
- Liquidity risk
- Risk related to investments in emerging markets
- Equity risk
- Risk related to exchange rate
- Specific risks associated with OTC derivative transactions
- Counterparty risk
- Bond Connect programme risk
- Risk of securities rated below Investment Grade or unrated securities
- Sustainability risk
- ESG risk
performance and volatility
as of 2025-05-07
Year-to-date performance
+4.07%
+1.81%
+1.89%
+5.79%
Volatility over 1 year
7.84%
Footnotes
*The inception date of the Fund is 2023-12-01
Portfolio Managers
Félix Haron
CFA - Fund manager
Félix Haron is a CFA charterholder, holds graduate of ESC Toulouse and holds a postgraduate specialist master's degree in Financial Engineering from Paris IX Dauphine University.
He began his career at BNP Paribas, as a convertible bond specialist. After a variety of experiences in trading and asset management, Félix joined the convertible management team of BNP Paribas Asset Management.
He joined DNCA Finance in September 2013.
He began his career at BNP Paribas, as a convertible bond specialist. After a variety of experiences in trading and asset management, Félix joined the convertible management team of BNP Paribas Asset Management.
He joined DNCA Finance in September 2013.
Félix Haron
CFA - Fund manager
Félix Haron is a CFA charterholder, holds graduate of ESC Toulouse and holds a postgraduate specialist master's degree in Financial Engineering from Paris IX Dauphine University.
He began his career at BNP Paribas, as a convertible bond specialist. After a variety of experiences in trading and asset management, Félix joined the convertible management team of BNP Paribas Asset Management.
He joined DNCA Finance in September 2013.
He began his career at BNP Paribas, as a convertible bond specialist. After a variety of experiences in trading and asset management, Félix joined the convertible management team of BNP Paribas Asset Management.
He joined DNCA Finance in September 2013.
Félix Haron
CFA - Fund manager
Félix Haron is a CFA charterholder, holds graduate of ESC Toulouse and holds a postgraduate specialist master's degree in Financial Engineering from Paris IX Dauphine University.
He began his career at BNP Paribas, as a convertible bond specialist. After a variety of experiences in trading and asset management, Félix joined the convertible management team of BNP Paribas Asset Management.
He joined DNCA Finance in September 2013.
He began his career at BNP Paribas, as a convertible bond specialist. After a variety of experiences in trading and asset management, Félix joined the convertible management team of BNP Paribas Asset Management.
He joined DNCA Finance in September 2013.
Félix Haron
CFA - Fund manager
Félix Haron is a CFA charterholder, holds graduate of ESC Toulouse and holds a postgraduate specialist master's degree in Financial Engineering from Paris IX Dauphine University.
He began his career at BNP Paribas, as a convertible bond specialist. After a variety of experiences in trading and asset management, Félix joined the convertible management team of BNP Paribas Asset Management.
He joined DNCA Finance in September 2013.
He began his career at BNP Paribas, as a convertible bond specialist. After a variety of experiences in trading and asset management, Félix joined the convertible management team of BNP Paribas Asset Management.
He joined DNCA Finance in September 2013.
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