Ellipsis European Convertible Fund revises its benchmark

The ECI Europe index hedged against currency risk has been the benchmark for Ellipsis European Convertible Fund since its launch more than 10 years ago. This market index is part of the ECI (Exane Convertibles Indices) range: this range is managed by Exane BNP Paribas, which announced at the end of August 2022 that the ECI indices will no longer be calculated on 29 December 2022.

The management company will apply the fund's benchmark remediation plan: from 23 November 2022, Ellipsis European Convertible Fund will use the Refinitiv Europe Focus hedged Convertible Bond Index EUR (Bloomberg ticker: UCBIFX21).

Benchmark indicator as of 23/11/2022: EUR unit classes = Refinitiv Europe Focus hedged Convertible Bond Index EUR (ticker Bloomberg: UCBIFX21) / CHF unit classes = Refinitiv Europe Focus Convertible Bond Index CHF (Bloomberg ticker: UCBIFX34) / USD unit classes = Refinitiv Europe Focus Hedged Convertible Bond Index USD (Bloomberg ticker: UCBIFX10). From 01/04/2019 to 22/11/2022: ECI Europe Hedged EUR-H/ CHF-H /USD H according to the unit class corresponding currency. Before 31/03/2019: ECI Europe.

For more information, please consult the fund's current regulatory documentation.

* Information (prices, composition, calculation methodology, etc.) on the range of ECI indices from Exane Derivatives, the official administrator listed on the ESMA benchmark register, is available at: www.exane-eci.com.