Fact sheet: Candriam BdsEmMkts

Fund information
Fund name
Candriam Bonds Emerging Markets N USD
Fund manager company
Candriam
Fund type
Offshore Fund
Fund managers
  • Delcheva Dilianasince 28/05/2015
  • Isabelle Romesince 01/01/2013
  • Goosens Bartsince 10/03/2003
Fund objective
Candriam Bonds Emerging Markets investiert hauptsächlich in Anleihen und verwandte Wertpapiere, die von Regierungen, Rechtssubjekten des öffentlichen und halböffentlichen Sektors und Privatunternehmen aus Schwellenländern (Lateinamerika, Asien, Osteuropa, Afrika und Nahost) aufgelegt werden. Ausgewählte Anleihen werden vorwiegend in harten Währungen (EUR, USD, GBP, JPY...) oder gelegentlich in Landeswährungen bezeichnet. Der Fonds verfolgt eine aktive Währungs-Hedging-Politik gegenüber dem USD, und kann Währung, Volatilität, Zinssatz oder Kreditderivate für ein effizientes Portfolio-Management (Hedge, Exposure, Arbitrage) nutzen.
Benchmark
  • JP Morgan EMBI Global Diversified Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
9.5%
1 Year rank in sector
-
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.
1.86%
Fund size
£1,627m (£1,081m last year)
Top in this sector
Fund name1 Year
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Schroder ISF EmgMktBd31.6%
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Performance snapshot

Holdings snapshot

  • Others42.3%
    Argentina6.6%
    Brazil5.2%
    Mexico5.2%
    Indonesia5%
  • Government Bonds66.7%
    Oil & Gas11.9%
    Others8.5%
    Government Agency Bonds4.1%
    Utilities3.8%
  • Global Fixed Interest42.3%
    American Emerging Fixed Interest14.3%
    European Emerging Fixed Interest12.1%
    Brazilian Fixed Interest5.2%
    Mexican Fixed Interest5.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.7%-4.6%1.6%9.5%16%29.3%
Sector-3.3%-3.7%1.6%7.8%1.1%6.9%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund10.4%-1.3%5.3%-5.4%18.8%
Sector9.4%-7.3%-0.6%-7%14.7%
Rank within sector-----
Quartile
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.
4.51
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.
0.81
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.
0.15
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%.
6.41
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.
2.67
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.
1.7
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.
0.88
Price movement
52 week high2158.51
52 week low1810.19
Current bid price-
Current offer price-
Current mid price2054.24
Region
1Others42.34%
2Argentina6.57%
3Brazil5.2%
4Mexico5.18%
5Indonesia4.95%
6Serbia3.67%
7Russia3.38%
8Venezuela3.36%
9Croatia3.25%
Industry sector
1Government Bonds66.73%
2Oil & Gas11.93%
3Others8.45%
4Government Agency Bonds4.14%
5Utilities3.84%
6Banks2.57%
7Local Government Bonds2.34%
Asset type
1Global Fixed Interest42.34%
2American Emerging Fixed Interest14.3%
3European Emerging Fixed Interest12.1%
4Brazilian Fixed Interest5.2%
5Mexican Fixed Interest5.18%
6Indonesian Fixed Interest4.95%
7Russian Fixed Interest3.38%
8South African Fixed Interest2.87%
9Kazakhstan Fixed Interest2.59%
Individual holdings
1SERBIA(REPUBLIC OF) 7.25% BDS 28/09/21 USD1000 144A2.77%
2PETROLEOS DE VENEZUELA 6% BDS 16/05/24 USD1001.64%
3RUSSIAN FEDERATION MINISTRY FINANCE 7.5% BDS 15/03/18 RUB10001.57%
4BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/25 BRL10001.56%
5ARGENTINA(REPUBLIC OF) 7.82% DISC NTS 31/12/33 EUR11.44%
6SLOVENIA(REP OF) 5.25% BDS 18/02/2024 USD2000001.3%
7GEORGIAN RAILWAY LLC 7.75% NTS 11/07/22 USD200000 144A1.2%
8BRAZIL MINAS SPE VIA STATE OF M.G. 5.333% BDS 15/02/28 USD1000144A1.19%
9BRAZIL(FEDERATIVE REPUBLIC OF) 8.25% BDS 20/1/34 USD10001.19%
Management
Fund manager group
Dexia Asset Management
Fund manager company
Candriam
Fund type
Offshore Fund
Fund objective
Candriam Bonds Emerging Markets investiert hauptsächlich in Anleihen und verwandte Wertpapiere, die von Regierungen, Rechtssubjekten des öffentlichen und halböffentlichen Sektors und Privatunternehmen aus Schwellenländern (Lateinamerika, Asien, Osteuropa, Afrika und Nahost) aufgelegt werden. Ausgewählte Anleihen werden vorwiegend in harten Währungen (EUR, USD, GBP, JPY...) oder gelegentlich in Landeswährungen bezeichnet. Der Fonds verfolgt eine aktive Währungs-Hedging-Politik gegenüber dem USD, und kann Währung, Volatilität, Zinssatz oder Kreditderivate für ein effizientes Portfolio-Management (Hedge, Exposure, Arbitrage) nutzen.
Benchmark
  • JP Morgan EMBI Global Diversified Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Delcheva Diliana28/05/2015
Isabelle Rome01/01/2013Isabelle Rome is Head of Emerging Markets Bond funds at Candriam Investors Group since 2013. Isabelle Rome has been working in the financial industry for 19 years. She began her career in Fixed-income Management as bond fund manager at Banque BACOB in 1994. From 1998-2002, she was senior international and emerging market bond fund manager at Cordius Asset Management. In 2002, she became Credit Analyst at Candriam and she served as Head of Credit Strategy from 2008-2012. In 2013, Isabelle Rome was appointed Head of Emerging Bond Management. She graduated from University of Liège (ULg), Belgium with a Degree in Economics. She is a ABAF (Belgian Association of Financial Analysts) Financial Analyst since 1995.
Goosens Bart10/03/2003Bart Goosens is Global Head of Quantitative Equity Management since 2001. He has been working in the asset management industry for 20 years. He joined Candriam Investors Group in 1997 as an Equity Fund Manager. While managing several international equity funds, he developed a series of quantitative equity models used as support in the management of Candriam’s fundamental equity funds. In 2001 he formed the Quantitative Equity Management team that he still heads today. Prior to joining Candriam Investors Group? he worked for Merrill Lynch and JP Morgan. Bart Goosens received his Master of Applied Economics from the University of Antwerp
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Bahrain, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Italy, Luxembourg, Netherlands, Offshore, Portugal, Slovakia, Sweden
Candriam Bonds Emerging Markets C Cap USD
Initial charge2.5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.34%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2314.11
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBJ89
Candriam Bonds Emerging Markets C Dis USD
Initial charge2.5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price986.44
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBJ90
Candriam Bonds Emerging Markets C Hedged EUR
Initial charge2.5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1235.41
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN7B4
Candriam Bonds Emerging Markets C Hedged EUR USD
Initial charge2.5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1329.98
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG0XU
Candriam Bonds Emerging Markets CQ Dis USD
Initial charge2.5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price165.21
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE6AD
Candriam Bonds Emerging Markets I Cap EUR
Initial charge-
Annual charge0.3%
Min single investment£250,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.42%
Total expense ratio (TER)-
Bid price1660.75
Offer price1660.75
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE7JX
Candriam Bonds Emerging Markets I Cap GBP
Initial charge-
Annual charge0.7%
Min single investment£250,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1825.64
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE7LE
Candriam Bonds Emerging Markets I Dis USD
Initial charge-
Annual charge0.6%
Min single investment£250,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.73%
Total expense ratio (TER)-
Bid price1547.68
Offer price1547.68
Mid price-
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFTJL
Candriam Bonds Emerging Markets I Hedged EUR
Initial charge-
Annual charge0.6%
Min single investment£250,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.72%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1375.92
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN7B3
Candriam Bonds Emerging Markets I Hedged USD
Initial charge-
Annual charge0.6%
Min single investment£250,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.72%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1065.94
CurrencyUSD
Price updated22/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFSLK
Candriam Bonds Emerging Markets I USD
Initial charge-
Annual charge0.6%
Min single investment£250,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.72%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2499.33
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBZZ6
Candriam Bonds Emerging Markets IQ Hedged Dis EUR
Initial charge-
Annual charge0.6%
Min single investment£250,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.72%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1441.99
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC1GT
Candriam Bonds Emerging Markets IQ Hedged Dis GBP
Initial charge-
Annual charge0.7%
Min single investment£250,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1443.15
CurrencyGBP
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC0CZ
Candriam Bonds Emerging Markets IQ Hedged Dis GBP USD
Initial charge-
Annual charge0.7%
Min single investment£250,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1819.74
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC0DB
Candriam Bonds Emerging Markets L USD
Initial charge2.5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.42%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2291.08
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNEP9
Candriam Bonds Emerging Markets N Hedged EUR
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.86%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price143.49
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN7B5
Candriam Bonds Emerging Markets N USD
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.86%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2054.24
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBZZ5
Candriam Bonds Emerging Markets R Cap EUR
Initial charge2.5%
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price167.17
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE7JS
Candriam Bonds Emerging Markets R Cap USD
Initial charge2.5%
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price117.3
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFH8Q
Candriam Bonds Emerging Markets V Cap EUR
Initial charge-
Annual charge-
Min single investment£20,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1613.12
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFT5Z
Candriam Bonds Emerging Markets V Hedged EUR
Initial charge-
Annual charge0.3%
Min single investment£20,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.42%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1348.19
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code40000000
Candriam Bonds Emerging Markets VQ Hedged Dis EUR
Initial charge-
Annual charge0.3%
Min single investment£20,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.42%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1425.71
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC0ZJ
Candriam Bonds Emerging Markets Z USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2655.53
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBZZ4
Data provided by

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