# PERFORMANCE IN FIGURES (AS AT 30 September 2023)
LO FUNDS – CONVERTIBLE
BENCHMARK (REFINITIV
PARTICIPATION IN THE
PERFORMANCE [1]
BOND (N EUR)
GLOBAL
|  | INDEX HDGD IN EUR) [4] |  |
| --- | --- | --- |
| 2023 YTD | 0.7% | 2.4% | 10.6% | 0.07 x |
| 2022 | -15.2% | -16.6% | -17.8% |  |
| 2021 | -2.7% | -0.9% | 23.3% | N/A |
| 2020 | 14.3% | 16.0% | 11.8% | 1.21 x |
| 2019 | 7.6% | 8.1% | 24.6% | 0.31 x |
| 2018 | -6.5% | -5.6% | -9.4% | 0.70 x |
| 2017 | 3.7% | 2.9% | 16.8% | 0.22 x |
| 2016 | -0.5% | 0.8% | 7.8% | N/A |
| 2015 | 4.5% | 3.3% | 1.7% | 2.56 x |
| 2014 | 5.7% | 3.9% | 9.5% | 0.60 x |
| 2013 | 11.5% | 11.2% | 28.1% | 0.41 x |
| 2012 | 9.0% | 10.4% | 14.6% | 0.62 x |
| 2011 | -3.7% | -3.3% | -5.7% | 0.65 x |
| 2010 | 6.8% | 7.8% | 8.5% | 0.79 x |
| 2009 | 18.8% | 21.5% | 24.9% | 0.75 x |
| 2008 | -18.2% | -25.5% | -39.3% | 0.46 x |
| 2007 | 8.5% | 6.1% | 4.2% | 2.01 x |
| 2006 | 7.9% | 12.0% | 14.2% | 0.55 x |
| 2005 | 13.3% | 4.0% | 14.9% | 0.89 x |
| Since launch (9 December 2002) | 85.6% | – | – | – |
| Volatility (ex pos/ann) [2] | 6.7% | 6.8% | 18.0% |  |
| Duration | 3.3 | 2.8 |  |  |
| Rho (Interest rate sensitivity) | -1.95% | -1.60% |  |  |
| Avg maturity/distance to best | 3.7yrs/3.4yrs | 3.3yrs/3.0yrs |  |  |
| Yield-to-maturity/best | 0.70%/1.03% | -0.14%/0.02% |  |  |
| Current yield | 1.1% | 1.3% |  |  |
| Modified yield [3] | 1.7% | 1.6% |  |  |
| Premium | 77% | 34% |  |  |
| Credit spread (bps) | 186 | 197 |  |  |
| Bond floor | 86% | 87% |  |  |
| Delta | 52% | 48% |  |  |
| Gamma | 0.79 | 0.84 |  |  |
| Beta | 1.01 | 1.00 |  |  |
| Number of issues | 131 | 235 |  |  |
| Number of underlyings | 113 | 196 |  |  |

CONVERTIBLE COMPOSITE
MSCI WORLD (HDGD IN EUR)
PERFORMANCE OF EQUITIES
- Net of fees
- 5 years annualised, based on daily performance
- Modified yield is the delta-adjusted average yield (using YTM and current yield)
- Composite (calculated by LOIM) of 2 Refinitiv Convertible Indices: 2/3 Refinitiv Global Focus hedged and 1/3 Refinitiv Global Focus IG hedged; (previously known as UBS).

Translation (ENDE, 2023-09-30):
# PERFORMANCE IN ZAHLEN (PER 30. September 2023)
| PERFORMANCE [1] | LO FUNDS - CONVERTIBLE BOND (N EUR) | BENCHMARK (REFINITIV GLOBAL CONVERTIBLE COMPOSITE INDEX HDGD EUR) [4] | MSCI WORLD (HDGD EUR) | PARTIZIPATION AN AKTIENPERFORMANCE |
| --- | --- | --- | --- | --- |
| 2022 YTD | 0.7% | 2.4% | 10.6% | 0.07 x |
| 2021 | -2.7% | -0.9% | 23.3% | N/A |
| 2020 | 14.3% | 16.0% | 11.8% | 1.21 x |
| 2019 | 7.6% | 8.1% | 24.6% | 0.31 x |
| 2018 | -6.5% | -5.6% | -9.4% | 0.70 x |
| 2017 | 3.7% | 2.9% | 16.8% | 0.22 x |
| 2016 | -0.5% | 0.8% | 7.8% | N/A |
| 2015 | 4.5% | 3.3% | 1.7% | 2.56 x |
| 2014 | 5.7% | 3.9% | 9.5% | 0.60 x |
| 2013 | 11.5% | 11.2% | 28.1% | 0.41 x |
| 2012 | 9.0% | 10.4% | 14.6% | 0.62 x |
| 2011 | -3.7% | -3.3% | -5.7% | 0.65 x |
| 2010 | 6.8% | 7.8% | 8.5% | 0.79 x |
| 2009 | 18.8% | 21.5% | 24.9% | 0.75 x |
| 2008 | -18.2% | -25.5% | -39.3% | 0.46 x |
| 2007 | 8.5% | 6.1% | 4.2% | 2.01 x |
| 2006 | 7.9% | 12.0% | 14.2% | 0.55 x |
| 2005 | 13.3% | 4.0% | 14.9% | 0.89 x |
| Seit Lancierung (9. Dezember 2002) | 85.6% | – | – |  |
| Volatilität (ex post/ann.) [2] | 6.7% | 6.8% | 18.0% |  |
| Duration | 3.3 | 2.8 |  |  |
| Rho (Zinssensitivität) | -1.95% | -1.60% |  |  |
| Durchschnittl. Fälligkeit/Entfernung zu Beste | 3.7Jahre/3.4Jahre | 3.3Jahre/3.0Jahre |  |  |
| Yield-to-maturity/best | 0.70%/1.03% | -0.14%/0.02% |  |  |
| Umlaufrendite | 1.1% | 1.3% |  |  |
| Modifizierte Rendite [3] | 1.7% | 1.6% |  |  |
| Prämie | 77% | 34% |  |  |
| Credit spread (Bp.) | 186 | 197 |  |  |
| Bond floor | 86% | 87% |  |  |
| Delta | 52% | 48% |  |  |
| Gamma | 0.79 | 0.84 |  |  |
| Beta | 1.01 | 1.00 |  |  |
| Anzahl Titel | 131 | 235 |  |  |

- Nach Gebühren
- 5 Jahre annualisiert, auf Basis der jährlichen Performance
- Die modifizierte Rendite ist die um das Delta bereinigte Durchschnittsrendite (unter Verwendung von Verfallrendite und laufender Rendite)
- Composite-Index (berechnet von LOIM) von zwei Wandelanleihenindizes von Refinitiv: 2/3 Refinitiv Global Focus Hedged und 1/3 Refinitiv Global Focus IG Hedged (bisher bekannt als UBS)