SCOR Convertible Europe
Management philosophy
SCOR Convertible Europe is a mutual fund ("fonds commun de placement"), UCITS IV, invested in the European convertible bond market.
The objective of the fund is to achieve a performance greater than or equal to that of its benchmark index, the “Exane ECI Europe”, less management costs, throughout the recommended investment period.
The fund’s investments are focused on convertible bonds issued by European companies, mainly denominated in EUR but also in USD, GBP and CHF.
- so-called “synthetic” convertible bonds are excluded from the investment universe
- the fund may also be exposed to options and futures on European indices (such as the Eurostoxx and the CAC40)
- the fund may also be marginally exposed to equities
Net Asset Value
Share | NAV | Value Date | Fund size | ||||||
---|---|---|---|---|---|---|---|---|---|
1386,63 | | EUR 234 M | 1208,6 | | EUR 234 M | 1326,31 | | EUR 234 M |
Performance as at 31/12/2020
Performance as at 31/12/2020
Performance as at 31/12/2020
YTD | 1 month | 3 months | 1 year | 3 years | 2019 | Since inception |
---|---|---|---|---|---|---|
4,43% | 0,97% | 4,28% | 4,43% | 9,00% | 9,92% | 37,98% |
3,99% | 0,94% | 4,20% | 3,99% | 6,85% | 8,80% | 20,29% |
5,90% | 1,07% | 4,57% | 5,90% | 16,81% | 13,10% | 31,87% |
Fund managers comments
"The uptick in equities was moderate during December 2020, as Brexit negotiations stumbled forward in the first part of the month and a new variant of the Covid-19 virus appeared in the UK. However, fears connected with the new variant were quickly dissipated when the WHO and pharmaceutical companies reaffirmed the effectiveness of the vaccines."
Past performance is not an indication of future performance. Performances may vary over time.
The risks and fees linked to this UCITS are set out in the Key Investor Information Document (KIID) and in the prospectus, both of which are available on this website. SCOR Investment Partners invites investors to consult these documents. In accordance with article 314-76 of the general regulations of the Autorité des Marchés Financiers, the client may receive, on request, details of the remunerations relating to the marketing of this product.
Our management team


Associated publications
Sales contact
Tel. :+ 33 1 58 44 70 00
Email : scorip.sales@scor.com
Fund characteristics
Legal form | French mutual fund (FCP) |
---|---|
ISIN code | FR0011368430 (Part C EUR) FR0011668037 (Part C CHF Hedged) FR0011929702 (Part USD Hedged) |
Bloomberg code | SCORCEC FP Equity (C EUR share) SCORCEH FP Equity (C CHF Hedged share) |
Depositary | BNP Paribas Securities Services S.C.A. |
Creation date | December 27, 2012 |
Currency | EUR |
Benchmark | EXANE ECI Europe |
Recommended investment horizon | Minimum 3 years |
Compliance with European standards | French FCP under the Directive 2009/65/CE |
Management fees | 0.50% (applied fees) |
Subscriptions / Redemption fees | Maximum 3.00% / None |
Risk and performance profile
Risk low
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Efficiency potentially lower
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Risk high
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Efficiency potentially higher
Past performance is not an indication of future performance. Performances may vary over time.
The risks and fees linked to this UCITS are set out in the Key Investor Information Document (KIID) and in the prospectus, both of which are available on this website. SCOR Investment Partners invites investors to consult these documents. In accordance with article 314-76 of the general regulations of the Autorité des Marchés Financiers, the client may receive, on request, details of the remunerations relating to the marketing of this product.