Funds and prices
Overview
The actively managed fund invests primarily in hard currency emerging markets government bonds.
Additionally, the fund allows opportunistic exposures to emerging markets corporate bonds and local currencies.
The fund's country, interest rate and currency exposures are actively managed under strict risk control with the aim to benefit from market movements.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
Benefits
The fund gives access to a global emerging markets debt portfolio focused on hard currency.
The fund is broadly diversified across selected issuers from various emerging countries, aiming for an optimal risk-to-return profile.
Experienced emerging market investment specialists can allocate the portfolio flexibly to seize investment opportunities whenever they occur.
Risks
Features
Product category |
ÃÛ¶¹ÊÓÆµ Emerging Market Funds
Bonds |
Product domicile |
Luxembourg
|
Portfolio management |
ÃÛ¶¹ÊÓÆµ Asset Management (Americas) LLC, New York
|
Fund management |
ÃÛ¶¹ÊÓÆµ Fund Management (Luxembourg) S.A., Luxembourg
|
Custodian bank |
ÃÛ¶¹ÊÓÆµ Europe SE, Luxembourg Branch
|
Representative for products established under foreign law |
ÃÛ¶¹ÊÓÆµ Asset Management (UK) Limited
|
Day of inception |
19 December 2013
|
Currency of account |
USD
|
Close of financial year |
31 August
|
Issue / redemption |
daily
|
Distribution |
Reinvestment
|
Maturity |
Open end
|
Management fee |
0.64% p.a.
|
Total expense ratio (TER) |
0.88% p.a.
|
Swing pricing |
yes
|
Minimum investment |
n.a.
|
Reference Index / Benchmark |
JPM EMBI Global Diversified (USD)
|
ISIN |
LU0358455698
|
Bloomberg Ticker |
UBEGBBP LX
|
Telekurs Id |
n.a.
|
Performance and Prices
Percentage growth
as of 03 April 2024USD(%) | EUR(%) | |
YTD | ||
1M | ||
3M | 5.17 | 5.98 |
6M | 17.56 | 13.79 |
1Y | 14.92 | 15.63 |
2Y | 5.84 | 7.93 |
3Y | -3.14 | 5.25 |
5Y | ||
ø p.a.5Y | 0.78 | 1.53 |
USD(%) | EUR(%) | |
Q1 2023 to Q1 2024 | 16.85 | 17.55 |
Q1 2022 to Q1 2023 | -7.99 | -5.77 |
Q1 2021 to Q1 2022 | -8.72 | -3.58 |
Q1 2020 to Q1 2021 | 17.42 | 9.62 |
Q1 2019 to Q1 2020 | -8.74 | -6.61 |
Current data
Net asset value | 03.04.2024 | USD 113.12 |
High - last 12 months | 28.03.2024 | USD 114.19 |
Low - last 12 months | 06.10.2023 | USD 95.62 |
Assets of the unit class in mn | 03.04.2024 | USD 4.91 |
Total product assets in mn | 03.04.2024 | USD 515.78 |
Theoretical yield to maturity (net) | 29.02.2024 | 7.02% |
Modified duration | 29.02.2024 | 7.18 |
Structures
Fees
Distributions
Authorisations
Literature
Document type
|
Document Language
|
Prospectus |
|
Country supplement |
|
Key Investor Information (KIID) |
|
Past performance |
|
Previous performance scenario |
|
Document type
|
Document Language
|
Annual report |
|
Semi-annual report |
|