Fact sheet: Investec EmgMkt Blnd Dbt

Fund information
Fund name
Investec Emerging Markets Blended Debt C Gr Inc-2 USD
Fund manager company
Investec Asset Management Luxe
Fund type
Offshore Fund
Fund managers
  • Peter Eerdmanssince 30/11/2010
  • Grant Webstersince 01/11/2012
Fund objective
The Fund aims to provide income and generate capital gains over the long term, primarily through investment in a diversified portfolio of debt securities (e.g. bonds) issued by Emerging Markets Borrowers and derivatives which offer exposure to such debt securities. These securities may be denominated in either local currencies or hard currencies (globally traded major currencies).
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
5.7%
1 Year rank in sector
150/219
Sector
FO Fixed Int - Emerging Markets
Yield
5.7%
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.
2.73%
Fund size
£259m (£229m 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.
89
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Old Mutual Em Mt Dt24.5%
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Performance snapshot

Holdings snapshot

  • Others12.5%
    Mexico11.8%
    Brazil11.2%
    Indonesia8.6%
    Global Emerging Markets8.1%
  • Debt73.2%
    Investment Grade Corporate Bonds8.5%
    Mutual Funds8.1%
    High Yield Bond7.4%
    Money Market1.9%
  • Global Fixed Interest12.5%
    Mexican Fixed Interest11.8%
    Brazilian Fixed Interest11.2%
    Indonesian Fixed Interest8.6%
    Global Emerging Market Fixed Interest8.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%5%1.2%5.7%-2.6%-1.9%
Sector1.1%4.2%1.8%8.1%4.1%7.1%
Rank within sector124 / 23369 / 232140 / 227150 / 219136 / 18279 / 104
Quartile3rd2nd3rd3rd3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund6%7%-9.6%-2%-9.5%
Sector5.1%10.2%-7.3%-0.6%-7%
Rank within sector61 / 232174 / 215154 / 201116 / 17092 / 124
Quartile2nd4th4th3rd3rd
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.
-2.28
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%.
8.4
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.
2.04
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.
-1.06
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.
0.95
Price movement
52 week high15.11
52 week low13.6
Current bid price-
Current offer price-
Current mid price14.55
Region
1Others12.5%
2Mexico11.8%
3Brazil11.2%
4Indonesia8.6%
5Global Emerging Markets8.1%
6Turkey6.2%
7South Africa5.1%
8Colombia4.8%
9Russia4.6%
Industry sector
1Debt73.2%
2Investment Grade Corporate Bonds8.5%
3Mutual Funds8.1%
4High Yield Bond7.4%
5Money Market1.9%
6Foreign Exchange1%
7Others-0.1%
Asset type
1Global Fixed Interest12.5%
2Mexican Fixed Interest11.8%
3Brazilian Fixed Interest11.2%
4Indonesian Fixed Interest8.6%
5Global Emerging Market Fixed Interest8.1%
6American Emerging Fixed Interest8%
7Middle East & African Fixed Interest6.2%
8South African Fixed Interest5.1%
9Russian Fixed Interest4.6%
Individual holdings
1INVESTEC EMERGING MARKETS CORPORATE DEBT S GR ACC USD8.1%
2LETRA TESOURO NACIONAL JAN 01 193.2%
3MEXICO(UNITED MEXICAN STATES) 6.5% NTS 10/06/21 MXN100 M2.4%
4INDONESIA(REPUBLIC OF) 9% BDS 15/03/29 IDR10000002.1%
5RUSSIAN FEDERATION MINISTRY FINANCE 7.75% BDS 16/09/26 RUB10002.1%
6BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/21 BRL10001.6%
7MEXICO(UNITED MEXICAN STATES) 8% BDS 11/06/20 MXN1001.6%
8TURKEY GOVERNMENT BOND 7.4 FEB 05 201.6%
9POLAND(STATE TREASURY OF) 5.25% BDS 25/10/20 PLN10001.5%
Management
Fund manager group
Investec
Fund manager company
Investec Asset Management Luxe
Fund type
Offshore Fund
Fund objective
The Fund aims to provide income and generate capital gains over the long term, primarily through investment in a diversified portfolio of debt securities (e.g. bonds) issued by Emerging Markets Borrowers and derivatives which offer exposure to such debt securities. These securities may be denominated in either local currencies or hard currencies (globally traded major currencies).
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Peter Eerdmans30/11/2010Peter is co-head of Emerging Market Fixed Income at Investec Asset Management. He is jointly responsible with Werner Gey van Pittius for all global emerging market debt strategies. Peter is also responsible for Asian markets within the team. Peter joined Investec Asset Management in 2005 from Watson Wyatt, where he was responsible for bond and currency manager research. Prior to his time at Watson Wyatt, he spent six years as a senior portfolio manager responsible for global bond management at Robeco, where he helped develop the credit process and lead on numerous projects improving the process and tools of the department. He graduated in 1995 with a Masters degree in Econometrics from Erasmus University Rotterdam.
Grant Webster01/11/2012Grant is an investment specialist in the Emerging Markets Debt & Currency team and a portfolio manager. Grant is responsible for former CIS and the Middle East, as well as quantitative analysis on emerging markets multi-strategy projects. Prior to joining Investec Asset Management in 2011, Grant worked in London as a quantitative analyst and portfolio manager of global macro and convertible bond funds at RWC Partners. He also spent a year working as an equity analyst for Investec Asset Management in Cape Town in 2006. Grant holds a Bachelor of Business Science (honours) degree from the University of Cape Town and a Masters in Finance from London Business School, concentrating on investments and quantitative finance. Grant is a qualified Actuary (AIA) and CFA Charterholder.
Compliance
Distributor Status, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Hong Kong, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Sweden
Investec Emerging Markets Blended Debt A Gr Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£3,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.99%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price21.58
CurrencyUSD
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLJD3
Investec Emerging Markets Blended Debt A Gr Inc-2 USD
Initial charge5%
Annual charge1.5%
Min single investment£3,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.98%
Total expense ratio (TER)1.98%
Bid price-
Offer price-
Mid price15.25
CurrencyUSD
Price updated21/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeLJD4
Investec Emerging Markets Blended Debt C Gr Inc-2 USD
Initial charge3%
Annual charge2.25%
Min single investment£3,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)2.73%
Total expense ratio (TER)2.74%
Bid price-
Offer price-
Mid price14.55
CurrencyUSD
Price updated21/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code04L9
Investec Emerging Markets Blended Debt F Gr Acc USD
Initial charge5%
Annual charge1%
Min single investment£3,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)2.18%
Total expense ratio (TER)2.18%
Bid price-
Offer price-
Mid price21.29
CurrencyUSD
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLJD5
Investec Emerging Markets Blended Debt F Gr Inc-2 USD
Initial charge5%
Annual charge1%
Min single investment£3,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)2.18%
Total expense ratio (TER)2.18%
Bid price-
Offer price-
Mid price15.09
CurrencyUSD
Price updated21/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeLJD6
Investec Emerging Markets Blended Debt S Gr Acc GBP
Initial charge10%
Annual charge-
Min single investment£100,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.18%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price25.98
CurrencyGBP
Price updated21/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFUIX
Investec Emerging Markets Blended Debt S Gr Acc USD
Initial charge10%
Annual charge-
Min single investment£100,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.18%
Total expense ratio (TER)0.14%
Bid price-
Offer price-
Mid price24.21
CurrencyUSD
Price updated21/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLJD9
Investec Emerging Markets Blended Debt S Gr Inc AUD
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 price-
CurrencyAUD
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFBBP
Investec Emerging Markets Blended Debt S Inc 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 price-
CurrencyUSD
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFBBQ
Data provided by

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