Articles & Insights
Investment Executive  |  15 October 2012

The convertible option

As the search for yield intensifies, convertible bonds are receiving attention as an asset class that offers a unique blend of income, downside protection and opportunity.

To assess this asset class’s long-term performance, the research team at Tacita Capital Inc. spliced the BofA Merrill Lynch U.S. convertible bonds all qualities index (ML index), available since January 1988, with the Ibbotson Associates (IA) monthly convertible bond index, available since January 1973. Canada lacks a similarly comprehensive index. Read more >