NXS Convertible Bonds Invest Index – Permanent suspension of the calculation and publication of the Index
Performance & Volatility
| Intraday | 1m | 3m | ytd | 1y | 3y | 5y | |
|---|---|---|---|---|---|---|---|
| Accumulated performance | 0.04% | 1.01% | 5.43% | n/a | 1.99% | 3.32% | 7.52% |
| Volatility | n/a | 3.65% | 3.81% | 4.01% | 4.61% | 5.38% | 6.33% |
| Accumulated performance | Volatility | |
|---|---|---|
| Intraday | 0.04% | n/a |
| 1m | 1.01% | 3.65% |
| 3m | 5.43% | 3.81% |
| ytd | n/a | 4.01% |
| 1y | 1.99% | 4.61% |
| 3y | 3.32% | 5.38% |
| 5y | 7.52% | 6.33% |
Last valuation date : 17/04/2019
Risk / Return from : 27/01/2011
| Annualized return | Volatility | Information ratio | Max |
|---|---|---|---|
| 4.26% | 6.75% | 0.63 | -14.00% |
| Annualized return | 4.26% |
| Volatility | 6.75% |
| Information ratio | 0.63 |
| Max Drawdown | -14.00% |
All information for an index prior to its Inception Date is back-tested, based on the methodology that was in effect on the Inception Date. Back-tested performance, which is hypothetical and not actual performance, is subject to inherent limitations because it reflects application of an Index methodology and selection of index constituents in hindsight. No theoretical approach can take into account all of the factors in the markets in general and the impact of decisions that might have been made during the actual operation of an index. Actual returns may differ from, and be lower than, back-tested returns.
The key elements of the index methodology are available upon demand.
Main Characteristics
Index level
1,053.32
Category
Thematic
Asset Class
Convertible
Geographical Area
Europe
Currency
EUR
Bloomberg Ticker
NXSBCI
Weighting Method
Return
Total Return
Inception
25/11/2016
Sponsor
Calculation Agent
The NXS Convertible Bonds Invest Index is a dynamic strategy index that allows investors to get exposure to the European convertible bonds market .
Designed by the Natixis Engineering Team, the index is fully exposed to an equally-weighted basket of convertible bonds which coupons are reinvested into the index.
The Index is particularly suitable for increasing portfolio diversification and reducing downside risks without changing the return expectations.
The Index is completely exposed to an equally-weighted basket of convertible bonds for which the coupons are reinvested into the index. The underlying selection is based on criteria also determined by the index rule.
Convertible bonds are filtered according to outstanding amounts, residual maturity and premium relative to the conversion value.
The NXS Convertible Bonds Invest Index offers access to a selection of liquid European convertible bonds .
It provides privileged exposure to a complementary asset class to equities and bonds. Moreover, the hybrid nature of convertible bonds has benefits for investors: in falling markets, they are protected by the value of the corporate bond, and in rising markets, they benefit from the equity option.
