*Our road shows in France and Europe: Milan – 1 December, Francfort – 7 December, Madrid – 14 December, Paris – 10 January, Lyon – 11 January, Strasbourg – 12 January, Monaco – 16 January, Nice – 17 January, Geneva - 17 January, Marseille - 18 January, Toulouse – 19 January, Nantes – 23 January, Lille – 24 January, Luxembourg – 25 January, Brussels – 26 January, Bordeaux - 30 January.
Value: discounted stocks.
Subordinated debt: debt which is repaid after other creditors have been reimbursed. In return for higher risk, subordinated debt securities, which are often without a fixed maturity, benefit from a higher coupon than senior bonds.
High Yield: speculative debt securities with a higher risk of issuer default.
January 10 2017. Non-binding document.This document is for information only.
The data, comments and analysis in this bulletin reflect the opinion of Edmond de Rothschild Asset Management (France) and its affiliates with respect to the markets and their trends, their regulation and tax treatment, on the basis of its own expertise, economic analysis and information currently known to it. However, they shall not under any circumstances be construed as comprising any sort of undertaking or guarantee whatsoever on the part of Edmond de Rothschild Asset Management (France). Potential investors should consult their service provider or advisor and exercise their own judgement independently of Edmond de Rothschild Asset Management on the risks inherent to each investment and its suitability to their own personal and financial circumstances. To this end, investors must acquaint themselves with the key investor information document (KIID) that is provided before any subscription and available at http://funds.edram.com or on request from the head office of Edmond de Rothschild Asset Management (France).