Long Only Convertibles

Convertible Investment Strategy

SSI manages diversified portfolios of convertible securities providing substantial participation in equity returns with reduced portfolio volatility and significant protection of principal investment. Inclusion of convertible securities in diversified institutional portfolios provides potential for greater participation in equity returns while maintaining portfolio overall risk at desired levels.  Among reduced volatility equity strategies, convertibles are the only asset class providing investors with participation in growth-oriented equites with reduced volatility and protection of principal investment.


Investment Grade Convertibles Strategy

Investment Grade Convertible portfolios emphasize investment grade bonds convertible into common stock, providing greater protection of principal investment with participation in equity returns. Investment Grade portfolios are particularly beneficial to insurance companies because of regulatory requirements on portfolio quality, but also provide benefit to institutional investors seeking strong protection of principal investment. Convertible bonds are bonds that can be converted into a fixed number of shares of the issuer’s common stock, thus making them a suitable for fixed income and equity allocations.  Inclusion of convertible securities in diversified institutional portfolios provides potential for greater participation in equity returns while maintaining portfolio overall risk at desired levels.


Strategy Reports are available upon request.