735 mio.
Assets under management
in Swiss francs
in Swiss francs
A high-quality portfolio, globally diversified across countries and sectors.
500+
Annual
issuer contacts
issuer contacts
Direct meetings, analysis and company visits are at the heart of the investment process.
20+
Years
proven track record
proven track record
Since its launch in 2006, attractive returns have been achieved continuously thanks to specialization in convertible bonds and excellent security selection.
ZIF Convertible Bonds Global D3 hedged in detail
Your advantages with ZIF Convertible Bonds Global D3 hedged
Attractive returns and diversification
- Investments in large, mid and small cap companies with attractive growth prospects
- Participation in equity price gains and a bond floor as protection against major corrections
- Our convertible bond benchmark is more broadly diversified than market- or debt-weighted indices, which are commonly used for equities or bonds. This helps to reduce concentration risks.
Strong partnership with Advent Capital Management
- Advent Capital Management (New York and London) is a specialist asset manager for convertible bonds
- The portfolio management, research, legal and trading teams are fully dedicated to convertible bonds
Optimal implementation
- Zurich Invest Ltd ensures strong alignment of interests through continuous monitoring and co-determination rights.
- The long-term, risk-conscious investment approach guarantees long-term stability and portfolio earnings potential.
Advent: Our partner for global convertible bonds
Specialized portfolio manager
- Advent Capital Management (based in New York and London) is an asset manager specialized in convertible bonds
- 7 billion Swiss francs in convertible bonds under management
- Manages various strategies in the convertible bond market with a strong, fundamentally oriented, bottom-up analyst team
- Investing in convertible bonds for over thirty years
Team: Expertise and stability
- Co-portfolio managers with many years of experience in the convertible bond market
- Specialized teams in portfolio management, research, legal and trading
- Reliance on proprietary company analysis, deliberately foregoing external research
Portfolio information
The investment group invests in globally diversified convertible bonds. The average credit quality of the portfolio is at least investment grade. No more than 10 percent of the investment group is invested in issues from the same issuer. Currency risk is hedged against the Swiss franc.
Live overview and performance
Sustainability
We are proud of what we have achieved together. Our online report informs you about our strategy, goals, and results.
Find out more about the sustainability key figures for bonds here.
Key data
| Asset Management | Advent Capital Management |
| ISIN | CH0339407907 |
| Benchmark |
35% FTSE Global Focus Convertible Bond - CHF hedged 65% FTSE Global Focus Convertible Bond Investment Grade – CHF hedged |
| Issue date |
July 2006 |
| Fiscal year |
01.01. - 31.12. |
| Currency | Hedged in Swiss francs |
| TER (NAV) | 0,72% |
| Management fee | 0,70% |
Data as of 30 June 2025