Fact sheet: Ashmore Emg Mkt Lcl Cur Bd

Fund information
Fund name
Ashmore Emerging Market Local Currency Bond Z Inc GBP
Fund manager company
Ashmore Investment Mgt Ltd
Fund type
Offshore Fund
Fund manager
  • Ashmore Investment Teamsince 25/02/2010
Fund objective
SICAV LCBF is an open-ended daily dealing UCITS V Luxembourg registered fund. Investments are mainly in emerging market transferable securities that are debt in nature and other instruments issued by Sovereigns and Quasi-Sovereigns denominated in local currencies.
Benchmark
  • JP Morgan GBI EM Global Diversified
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
9.2%
1 Year rank in sector
55/216
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.
1.16%
Fund size
£2,402m (£2,335m 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.
82
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$38.1%
Pictet Lat Am Lcl Cur Dt34.7%
Schroder ISF EmgMktBd31.6%
Rubrics Ind Fxd Inc UCITS31.5%
Pioneer SICV-Emg Mkt Bd29.3%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Brazil22.2%
    South Africa12.3%
    Indonesia10.7%
    Poland9.6%
    Malaysia8.9%
  • BBB50.8%
    A24.3%
    BB23.8%
    Non-Rated1.1%
  • Brazilian Fixed Interest22.2%
    South African Fixed Interest12.3%
    Indonesian Fixed Interest10.7%
    Polish Fixed Interest9.6%
    Malaysian Fixed Interest8.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.5%-6.4%-2.2%9.2%-11.8%-
Sector-3.3%-3.7%1.6%7.8%1.1%6.9%
Rank within sector183 / 224179 / 223184 / 22155 / 216136 / 170-
Quartile4th4th4th2nd4th
Calendar performance
 YTD - 20162015201420132012
Fund11.2%-15.7%-5.6%--
Sector9.4%-7.3%-0.6%-7%14.7%
Rank within sector49 / 218173 / 202137 / 172--
Quartile1st4th4th
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.
-4.31
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.
1.61
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.
-0.01
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%.
12.65
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.
6.13
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.
-0.76
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.
0.89
Price movement
52 week high72.21
52 week low59.91
Current bid price-
Current offer price-
Current mid price66.62
Region
1Brazil22.2%
2South Africa12.31%
3Indonesia10.67%
4Poland9.62%
5Malaysia8.85%
6Mexico8.46%
7Turkey7.5%
8Russia7.4%
9Thailand7.12%
Industry sector
1BBB50.8%
2A24.3%
3BB23.8%
4Non-Rated1.1%
Asset type
1Brazilian Fixed Interest22.2%
2South African Fixed Interest12.31%
3Indonesian Fixed Interest10.67%
4Polish Fixed Interest9.62%
5Malaysian Fixed Interest8.85%
6Mexican Fixed Interest8.46%
7Middle East & African Fixed Interest7.5%
8Russian Fixed Interest7.4%
9Thai Fixed Interest7.12%
Individual holdings
1BRAZIL BLTN 0% 01/01/20208.1%
2BRAZIL(FEDERATIVE REPUBLIC OF) 0% TB 01/01/19 BRL10005.9%
3COLOMBIA(REPUBLIC OF) 7% NTS 04/05/22 COP10004.2%
4BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/21 BRL10003.8%
5MEXICAN UDIBONOS 4% 13/06/20193.4%
6BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/23 BRL10003.1%
7SOUTH AFRICA(REPUBLIC OF) 10.5% BDS 21/12/2026 ZAR1(186)3.1%
8SOUTH AFRICA(REPUBLIC OF) 7% BDS 28/02/31 ZAR12.3%
9INDIA(GOVERNMENT OF) 7.72% BDS 25/05/25 INR100001.9%
Management
Fund manager group
Ashmore
Fund manager company
Ashmore Investment Mgt Ltd
Fund type
Offshore Fund
Fund objective
SICAV LCBF is an open-ended daily dealing UCITS V Luxembourg registered fund. Investments are mainly in emerging market transferable securities that are debt in nature and other instruments issued by Sovereigns and Quasi-Sovereigns denominated in local currencies.
Benchmark
  • JP Morgan GBI EM Global Diversified
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Ashmore Investment Team25/02/2010
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, Norway, Offshore
Ashmore Emerging Market Local Currency Bond I Acc USD
Initial charge5%
Annual charge0.95%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)1.1%
Bid price-
Offer price-
Mid price76.98
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ89R
Ashmore Emerging Market Local Currency Bond I EUR
Initial charge5%
Annual charge0.95%
Min single investment£1,000,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)1.1%
Bid price-
Offer price-
Mid price70.45
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMEW9
Ashmore Emerging Market Local Currency Bond I GBP
Initial charge5%
Annual charge0.95%
Min single investment£600,000
Min regular saving£3,000
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price95.88
CurrencyGBP
Price updated22/10/2014
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0LQN
Ashmore Emerging Market Local Currency Bond I Inc USD
Initial charge5%
Annual charge0.95%
Min single investment£1,000,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)1.1%
Bid price-
Offer price-
Mid price79.35
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeIHI5
Ashmore Emerging Market Local Currency Bond Institutional Unhedged Inc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.44
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNE2Z
Ashmore Emerging Market Local Currency Bond Retail Acc CHF
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.88
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNE2Y
Ashmore Emerging Market Local Currency Bond Retail Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.18
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNE2X
Ashmore Emerging Market Local Currency Bond Retail Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.51
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNE2W
Ashmore Emerging Market Local Currency Bond Retail EUR
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.71%
Total expense ratio (TER)1.69%
Bid price-
Offer price-
Mid price66.64
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNLK6
Ashmore Emerging Market Local Currency Bond Retail GBP
Initial charge5%
Annual charge1.5%
Min single investment£3,000
Min regular saving£300
Available in ISAYes
Ongoing charge (OCF)1.71%
Total expense ratio (TER)1.69%
Bid price-
Offer price-
Mid price68.63
CurrencyGBP
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeACKR
Ashmore Emerging Market Local Currency Bond Retail USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)1.69%
Bid price-
Offer price-
Mid price67.21
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN11Z
Ashmore Emerging Market Local Currency Bond Z Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.4
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNE3C
Ashmore Emerging Market Local Currency Bond Z Acc USD
Initial charge5%
Annual charge0.95%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price77.44
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ5YE
Ashmore Emerging Market Local Currency Bond Z Inc GBP
Initial charge5%
Annual charge0.95%
Min single investment£1,000,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price66.62
CurrencyGBP
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJ5YD
Ashmore Emerging Market Local Currency Bond Z Inc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJDGH
Data provided by

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