Fact sheet: Ashmore EmMktlcCurCrpDt

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
14.4%
1 Year rank in sector
37/218
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.
2.22%
Fund size
£11m (£22m 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.
63
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$45.5%
Pictet Lat Am Lcl Cur Dt34.6%
Ashmore EMHghYldCrDb30.4%
Capital Group EMLDtL27.2%
Gramercy Allct Emg Mket Debt27%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Brazil15.5%
    Russia14.1%
    Mexico13.1%
    China13.1%
    Colombia9.8%
  • Financials38.1%
    Others17.5%
    Communications14.7%
    Non-Cyclical Consumer Goods12.1%
    Energy10.8%
  • Brazilian Fixed Interest15.5%
    Russian Fixed Interest14.1%
    Mexican Fixed Interest13.1%
    Chinese Fixed Interest13.1%
    American Emerging Fixed Interest9.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.9%7%4.1%14.4%6.4%7.7%
Sector0.7%4.5%1.3%10.1%5.7%6%
Rank within sector52 / 23443 / 23338 / 22537 / 218115 / 17561 / 102
Quartile1st1st1st1st3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund6.7%11.2%-6.4%-6.1%-4.7%
Sector4.2%10.2%-7.3%-0.6%-7%
Rank within sector37 / 23367 / 217131 / 201141 / 16936 / 124
Quartile1st2nd3rd4th2nd
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.
-0.58
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.
1.19
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%.
9.5
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.
3.92
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.
-0.1
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 low77.26
Current bid price-
Current offer price-
Current mid price84.07
Region
1Brazil15.52%
2Russia14.1%
3Mexico13.14%
4China13.05%
5Colombia9.81%
6South Africa9.24%
7Singapore7.05%
8India6.38%
9Philippines6%
Industry sector
1Financials38.1%
2Others17.5%
3Communications14.7%
4Non-Cyclical Consumer Goods12.1%
5Energy10.8%
6Industrials6.8%
Asset type
1Brazilian Fixed Interest15.52%
2Russian Fixed Interest14.1%
3Mexican Fixed Interest13.14%
4Chinese Fixed Interest13.05%
5American Emerging Fixed Interest9.81%
6South African Fixed Interest9.24%
7Singapore Fixed Interest7.05%
8Indian Fixed Interest6.38%
9Philippine Fixed Interest6%
Individual holdings
1OJSC RUSS AGRIC BK(RSHB) 7.88% 07/02/20187.3%
2PETRON CORP 7% NTS 10/11/17 PHP50006.3%
3EMPRESA DE TELECOM DE BOGOTA 7% BDS 17/01/23 COP2000 REG S5.4%
4ESKOM HLDGS LTD 7.85% MTN 02/04/26 ZAR10005.3%
5BRF SA 7.75% BDS 22/05/18 BRL3000005%
6BANCO DO BRASIL 6% BDS 22/01/20 USD1000 TR`16` `REGS`4.9%
7HOUSING DEVELOPMENT FINANCE CORP 7% SYN NTS 09/01/20 INR100000004.9%
8AGILE GROUP HLDGS LTD 6.5% BDS 28/02/17 CNY10000004.6%
9TIMES PROPERTY HLDGS LTD 10.375% SNR NTS 16/07/17 CNY10000004.5%
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)1.58%
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)1.58%
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)1.58%
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)1.58%
Total expense ratio (TER)1.49%
Bid price-
Offer price-
Mid price76.28
CurrencyUSD
Price updated23/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code04PS
Ashmore Emerging Market Local Currency Corporate Debt Inst III Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.5
CurrencyUSD
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC4LC
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 updated04/10/2016
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)2.22%
Total expense ratio (TER)2.13%
Bid price-
Offer price-
Mid price84.07
CurrencyGBP
Price updated23/03/2017
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)2.22%
Total expense ratio (TER)2.13%
Bid price-
Offer price-
Mid price73.23
CurrencyCHF
Price updated23/03/2017
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)2.22%
Total expense ratio (TER)2.13%
Bid price-
Offer price-
Mid price76.43
CurrencyUSD
Price updated23/03/2017
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)1.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price87.43
CurrencyGBP
Price updated23/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKUDG
Data provided by

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