Fact sheet: Ashmore EmMkt lcl Cur CrpDt

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 21/06/2011
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
12%
1 Year rank in sector
123/200
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
£23m (£50m 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.
59
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$59.2%
Pictet Lat Am Lcl Cur Dt45.1%
Old Mutual Em Mt Dt36.9%
SEI Emg Mkts Dt36%
Schroder ISF EmgMktBd35.9%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • China14.7%
    Brazil13.4%
    Mexico12.5%
    Russia11.6%
    Malaysia10.1%
  • Financials31.7%
    Others29.5%
    Communications15.1%
    Non-Cyclical Consumer Goods11%
    Energy9%
  • Chinese Fixed Interest14.7%
    Brazilian Fixed Interest13.4%
    Mexican Fixed Interest12.5%
    Russian Fixed Interest11.6%
    Malaysian Fixed Interest10.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%5.7%9.9%12%0.6%13.3%
Sector0.4%5%8.5%13%3.6%14.8%
Rank within sector190 / 21372 / 21059 / 207123 / 200112 / 16260 / 96
Quartile4th2nd2nd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund14.1%-6.4%-6.1%-4.7%17.6%
Sector13.2%-7.3%-0.6%-7%14.7%
Rank within sector90 / 205120 / 194139 / 17036 / 12539 / 101
Quartile2nd3rd4th2nd2nd
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.
-1.73
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.
1.12
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%.
9.24
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.
4.03
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.
-0.4
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.
0.82
Price movement
52 week high89.12
52 week low73.33
Current bid price-
Current offer price-
Current mid price84.57
Region
1China14.72%
2Brazil13.4%
3Mexico12.45%
4Russia11.6%
5Malaysia10.09%
6Singapore9.81%
7South Africa9.34%
8Colombia8.87%
9Philippines5%
Industry sector
1Financials31.7%
2Others29.5%
3Communications15.1%
4Non-Cyclical Consumer Goods11%
5Energy9%
6Basic Materials3.7%
Asset type
1Chinese Fixed Interest14.72%
2Brazilian Fixed Interest13.4%
3Mexican Fixed Interest12.45%
4Russian Fixed Interest11.6%
5Malaysian Fixed Interest10.09%
6Singapore Fixed Interest9.81%
7South African Fixed Interest9.34%
8American Emerging Fixed Interest8.87%
9Philippine Fixed Interest5%
Individual holdings
1OJSC RUSS AGRIC BK(RSHB) 7.88% 07/02/20185.3%
2PETRON CORP 7% NTS 10/11/17 PHP50005.3%
3EMPRESA DE TELECOM DE BOGOTA 7% BDS 17/01/23 COP2000 REG S4.3%
4OLAM INTERNATIONAL 6% NTS 25/10/22 SGD2500004.1%
5POWERLONG REAL ESTATE HOLDINGS LTD 10.75% BDS 18/09/17 CNY10000004%
6DTEK FINANCE PLC 7.875% NTS 04/04/18 USD200000REG S3.7%
7TIMES PROPERTY HLDGS LTD 10.375% SNR NTS 16/07/17 CNY10000003.7%
8AGILE GROUP HLDGS LTD 6.5% BDS 28/02/17 CNY10000003.6%
9GRUPO TELEVISA SAB 8.49% BDS 11/05/37 MXN(VAR) `144A`3.4%
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 Team21/06/2011
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 updated07/07/2015
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 updated18/04/2016
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 price76.18
CurrencyUSD
Price updated23/09/2016
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 price75.63
CurrencyEUR
Price updated23/09/2016
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 price84.57
CurrencyGBP
Price updated23/09/2016
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 price73.94
CurrencyCHF
Price updated23/09/2016
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 price76.13
CurrencyUSD
Price updated23/09/2016
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 price88.25
CurrencyGBP
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKUDG
Data provided by

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