Why >100%? Leveraged funds (typically PIMCO/BlackRock global bond strategies) use derivatives and borrowing to exceed 100% notional sector exposure. The percentage shown is real economic exposure; total notional across all sectors can sum to 150-200%.
Top Additional Tier 1 Holdings Across Funds
—
CREDIT AGRICOLE SA JR SUB COCO 7.25%
Unknown
2.41%
in 1 funds
—
LLOYDS BANKING GROUP PLC JR SUB RVC 8.50%
Unknown
1.73%
in 1 funds
—
COOPERATIEVE RABOBANK UA JR SUB COCO RVC 3.10%
Unknown
1.56%
in 1 funds
—
NATIONWIDE BLDG SOCIETY JR SUB COCO 7.88%
Unknown
1.55%
in 1 funds
Conviction Score vs MSCI Benchmark
Fund weight vs MSCI World benchmark (0%)
PIMCO Capital Securi..
+108.6%
Performance Chart
Top 1-fund composite (rebased to 100, equal-weighted)
Real fund NAV data 2025-06-25 → 2026-05-29