Fact sheet: Ashmore EmMkt lcCurCrpDt

Fund information
Fund name
Ashmore Emerging Market local Currency Corporate Debt R GBP
Fund manager company
Ashmore Investment Mgt Ltd
Fund type
Offshore Fund
Fund manager
  • Ashmore Investment Teamsince 20/06/2011
Fund objective
SICAV LCCDF is an open-ended daily dealing UCITS V Luxembourg registered highly diversified global emerging markets local currency corporate debt fund. Investments are mainly in transferable debt securities and other instruments, with a particular focus on the public sector and private sector corporate debt, denominated in local currencies.
Benchmark
  • BAML Local EM D Non-Sov
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
11.4%
1 Year rank in sector
141/219
Sector
FO Fixed Int - Emerging Markets
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
2.17%
Fund size
£18m (£25m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
62
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$63.2%
Pictet Lat Am Lcl Cur Dt44.5%
Schroder ISF EmgMktBd40%
Old Mutual Em Mt Dt39.1%
Ashmore EMHghYldCrDb36.9%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • China15.1%
    Russia13.8%
    Mexico13.1%
    Brazil11.9%
    Singapore10%
  • Financials42.5%
    Communications15.3%
    Others14.8%
    Energy11%
    Non-Cyclical Consumer Goods10.2%
  • Chinese Fixed Interest15.1%
    American Emerging Fixed Interest14.5%
    Russian Fixed Interest13.8%
    Mexican Fixed Interest13.1%
    Brazilian Fixed Interest11.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.4%-1.3%1.1%11.4%-1%7%
Sector1.9%-1.8%-0.4%13.4%2.6%8.2%
Rank within sector159 / 22795 / 22663 / 222141 / 219121 / 17464 / 101
Quartile3rd2nd2nd3rd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund0.6%11.2%-6.4%-6.1%-4.7%
Sector0.9%10.2%-7.3%-0.6%-7%
Rank within sector168 / 22763 / 219128 / 202145 / 17335 / 128
Quartile3rd2nd3rd4th2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-1.27
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.18
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
9.55
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
3.94
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.33
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.85
Price movement
52 week high85.57
52 week low73.33
Current bid price-
Current offer price-
Current mid price79.26
Region
1China15.09%
2Russia13.82%
3Mexico13.09%
4Brazil11.91%
5Singapore10%
6South Africa9.73%
7Colombia9.36%
8India6.09%
9Philippines5.73%
Industry sector
1Financials42.5%
2Communications15.3%
3Others14.8%
4Energy11%
5Non-Cyclical Consumer Goods10.2%
6Industrials6.2%
Asset type
1Chinese Fixed Interest15.09%
2American Emerging Fixed Interest14.54%
3Russian Fixed Interest13.82%
4Mexican Fixed Interest13.09%
5Brazilian Fixed Interest11.91%
6Singapore Fixed Interest10%
7South African Fixed Interest9.73%
8Indian Fixed Interest6.09%
9Philippine Fixed Interest5.73%
Individual holdings
1OJSC RUSS AGRIC BK(RSHB) 7.88% 07/02/20186.8%
2PETRON CORP 7% NTS 10/11/17 PHP50006.3%
3EMPRESA DE TELECOM DE BOGOTA 7% BDS 17/01/23 COP2000 REG S5.6%
4BANCO DO BRASIL 6% BDS 22/01/20 USD1000 TR`16` `REGS`5%
5TIMES PROPERTY HLDGS LTD 10.375% SNR NTS 16/07/17 CNY10000004.9%
6AGILE GROUP HLDGS LTD 6.5% BDS 28/02/17 CNY10000004.6%
7MAPLETREE TREASURY SERVICES 5.125% PERP (RE4.1%
8OLAM INTERNATIONAL 6% NTS 25/10/22 SGD2500004.1%
9ESKOM HLDGS LTD 7.85% MTN 02/04/26 ZAR10004%
Management
Fund manager group
Ashmore
Fund manager company
Ashmore Investment Mgt Ltd
Fund type
Offshore Fund
Fund objective
SICAV LCCDF is an open-ended daily dealing UCITS V Luxembourg registered highly diversified global emerging markets local currency corporate debt fund. Investments are mainly in transferable debt securities and other instruments, with a particular focus on the public sector and private sector corporate debt, denominated in local currencies.
Benchmark
  • BAML Local EM D Non-Sov
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Ashmore Investment Team20/06/2011
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Finland, United Kingdom, Luxembourg, Offshore
Ashmore Emerging Market local Currency Corporate Debt EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.53%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price89.47
CurrencyEUR
Price updated06/07/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ89T
Ashmore Emerging Market local Currency Corporate Debt I Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.53%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price86.06
CurrencyUSD
Price updated17/03/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJCKO
Ashmore Emerging Market local Currency Corporate Debt I CHF
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.53%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price81.8
CurrencyCHF
Price updated17/04/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ89U
Ashmore Emerging Market local Currency Corporate Debt I EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.18%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code11P1
Ashmore Emerging Market local Currency Corporate Debt I GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.18%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code11P2
Ashmore Emerging Market local Currency Corporate Debt I USD
Initial charge5%
Annual charge1.35%
Min single investment£1,000,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.53%
Total expense ratio (TER)1.49%
Bid price-
Offer price-
Mid price71.62
CurrencyUSD
Price updated13/01/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code04PS
Ashmore Emerging Market local Currency Corporate Debt R EUR
Initial charge5%
Annual charge1.95%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.17%
Total expense ratio (TER)2.13%
Bid price-
Offer price-
Mid price75.71
CurrencyEUR
Price updated03/10/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code11P4
Ashmore Emerging Market local Currency Corporate Debt R GBP
Initial charge5%
Annual charge1.95%
Min single investment£3,000
Min regular saving£300
Available in ISAYes
Ongoing charge (OCF)2.17%
Total expense ratio (TER)2.13%
Bid price-
Offer price-
Mid price79.26
CurrencyGBP
Price updated13/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0DN6
Ashmore Emerging Market local Currency Corporate Debt R Inc CHF
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.17%
Total expense ratio (TER)2.13%
Bid price-
Offer price-
Mid price69.12
CurrencyCHF
Price updated13/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI8ZV
Ashmore Emerging Market local Currency Corporate Debt R USD
Initial charge5%
Annual charge1.95%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.17%
Total expense ratio (TER)2.13%
Bid price-
Offer price-
Mid price71.86
CurrencyUSD
Price updated13/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code11P3
Ashmore Emerging Market local Currency Corporate Debt Z Inc
Initial charge5%
Annual charge1.35%
Min single investment£1,000,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.57%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price82.34
CurrencyGBP
Price updated13/01/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKUDG
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.