• Search Funds
  • Model Portfolios
  • Provider
  • Sector
  • Manager

Search by provider name

Search by sector name

Search by manager name

Search by Risk Level

Polar Capital Global Convertible I GBP Inc

  • Fund Info & charges
  • Performance
  • Fund breakdown
  • Dividend History
Fund Provider Polar Capital LLP
Fund Summary The objective of the Fund is to achieve both income and long term capital appreciation by investing in a globally diversified portfolio of convertible bonds and equivalents.
SEDOL code BCDBX60
ISIN IE00BCDBX600
Fund code POCII
Managers David Keetley, Steve McCormick
Manager Tenure 6 years
Morningstar Category Convertible Bond - Global
IMA Sector Specialist
Fund Size £892 million
Fund Type OEIC
Management Style Active
Total Expense Ratio (TER) 1.14%
Cavendish ongoing charge 0.05%
FundsNetwork Service Fee 0.20%
Minimum Initial Investment £25
Minimum Top Up £25
Minimum Monthly Investment £25
Sell Price £8.0300
Buy Price £8.0300
Price Change -0.2484%
Price Date 20th November 2019
Yield 4.14%
Dividend Frequency Quarterly
ISA Eligible Yes
SIPP Eligible Yes
Inception Date 18th August 2014
Fund Status OPEN
David is an experienced convertible bond specialist, having spent 31 years in the asset class in both investment banking and investment management. He joined Polar Capital in October 2010 as a fund manager. Prior to joining Polar, David was joint CEO of Vicis Capital (UK) Ltd., which he joined in 2006 to establish and manage the international convertible portfolio of the Vicis Capital associated $5 billion New York based hedge fund. David started his career at Salomon Brothers International and moved to Baii (a subsidiary of BNP Paribas) in 1987, where he first started managing convertible portfolios. He joined Schroders in 1996 and Citigroup in 2000 (post the Citi takeover of Schroder Investment Bank), where his team became the no.1 ranked convertible origination and trading team in London. In 2002 he returned to managing convertible portfolios and in 2004 established and subsequently managed the ORN Capital Convertible Fund. David graduated with an honours degree in Civil Engineering from University of Glasgow and is a Fellow of the Chartered Institute for Securities and Investment.

3-year Mean Monthly Return: 0.231%

Annual Returns 2018 2017 2016 2015 2014 2013
Fund Performance +3.08% +12.70% +0.71% +20.33% +5.37% +6.96%
Benchmark Performance
(Convertible Bond - Global)
+1.75% +2.52% +4.08% +21.79% +2.27%
Time Period Cumulative Benchmark Performance
(Convertible Bond - Global)
Fund Compared to Benchmark
1 day 0.63% +5.68% -5.05%
1 week 0.12% +0.84% -0.71%
1 month 1.39% -4.54% +5.93%
3 months -6.16% +0.72% -6.89%
6 months -2.01% +4.31% -6.32%
1 year 4.97% +2.22% +2.75%
3 years 3.91% +6.23% -2.33%
5 years 6.92% +5.11% +1.81%
10 years Currently unavailable Currently unavailable Currently unavailable
YTD 4.71% +0.12% +4.59%
Since inception 7.37% Currently unavailable Currently unavailable

Top 10 shares for this fund

Share Name Country Value
ELM B.V. NLD 4.79%
AXA FRA 4.50%
CSG Systems International Inc. USA 3.90%
Aabar Investments ARE 3.01%
Ligand Pharmaceuticals Incorporated USA 2.87%
Change Healthcare Inc Unit USA 2.76%
Liberty Media Corporation USA 2.51%
Sirius Minerals Finance Ltd GBR 2.32%
Dermira Inc USA 2.30%
Poseidon Finance 1 Ltd CHN 2.23%
Dividend Date Per share amount Reinvestment Price
1st October 2019 0.0882 £8.2800
1st July 2019 0.0890 £8.4700
1st April 2019 0.0831 £8.1900
2nd January 2019 0.0800 £8.0200
1st October 2018 0.0884 £8.3900
2nd July 2018 0.0925 £8.3400