Gaspal Convertibles

Eurozone Convertibles

Select a share class
Gaspal Convertibles is an actively managed diversified investment fund.

– Comprising 60% of convertible bonds or similar instruments denominated in euros, with a limit of 20% of the net assets in another currency.
– Convertible bonds denominated in foreign currencies undergo systematic currency hedging.
– Issuers are selected from OECD countries and the European Union.

Our commitments

A demanding exclusion list: 0% exposure to fossil fuels, arms and tobacco

More information on Trusteam’s commitment

Funds’ evolution

Past performance is not necessarily indicative of future performance.

The information presented above does not constitute a contract or investment advice. The value of the investment may vary according to market fluctuations, and the investor may lose all or part of the capital invested, as UCIs are not capital guaranteed. Access to the products and services presented here may be subject to restrictions for certain persons or countries. Tax treatment depends on individual circumstances. Before subscribing, and for any further information on the characteristics, risks and fees of the UCI, investors are invited to read the regulatory documents available on the page of each UCI.

Choice of period:

Management team

Marie-Laurence Biswang
Michaël Yatime

Why should you chooseGaspal Convertibles?

– A conviction-based management
– With exposure to convertible bonds”

Annual Performance


Technical data

NAV as of 10.04.2024
3.1 M€
Fund outstanding as of 10.04.2024
5.61 %
Volatility over 5 years as of 05.04.2024
-1.72 %
Annualized performance over 5 years as of 10.04.2024
ISIN: FR0010028233 - Creation date: 11/28/03 - NAV: 1000 - Currency: Euro

Technical characteristics

Reference indicator

Net dividends reinvested

Recommended minimum investment horizon


Funds managers




2 years
M-L. Biswang, M Yatime
2 on a scale of 1 to 7

Valuation price




Current costs (2022)

Management fee incl. VAT

Entrance fees incl. VAT

Exit fee incl. VAT

Closing price
Crédit Industriel et Commercial
Crédit Industriel et Commercial (CIC)
1.47 %
3% incl. VAT Maximum

* SRI (Synthetic Risk & Reward Indicator, on a scale of 1 to 7): Level 1 = low risk & reward / Level 7 = high risk & potential for high reward.

Where and how to subscribe to the fund

Through a wealth manager at Trusteam Finance — Contact the Wealth Management team directly (contact details available on this page) to benefit from personalised support. We will suggest the solution best suited to your needs.

Through your bank — You can subscribe by sending the ISIN code associated with the fund to your usual contact. The fund can then be deposited in a securities account, a PEA (if eligible), a life insurance policy or a PERP.

Through your independent financial advisor — Your independent financial advisor will help you select the fund from the Trusteam Finance range that best suits your asset management needs.

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