Fact sheet: PineBridge Gbl Emg Mkts Bd

Fund information
Fund name
PineBridge Global Emerging Markets Bond A USD
Fund manager company
PineBridge Investments Ltd IRL
Fund type
Unit Trust
Fund managers
  • Steve Cooksince 01/03/2009
  • Dmitri Savinsince 01/04/2016
  • Anders Faergemannsince 01/03/2009
Fund objective
The fund seeks to achieve income and capital appreciation by investing in fixed income instruments issued primarily by governments, their agencies, local authorities and corporate entities in Latin America, Emerging Europe, Asia, the Middle East and Africa.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
12.3%
1 Year rank in sector
137/201
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.
2.45%
Fund size
£34m (£36m 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.
76
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$56.8%
Pictet Lat Am Lcl Cur Dt44%
Old Mutual Em Mt Dt38.4%
SEI Emg Mkts Dt37.7%
Aviva Investors Emg Mkts Bd37.7%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Others35.8%
    Mexico11.5%
    Brazil10.3%
    Turkey6.4%
    Indonesia6.2%
  • BBB47.5%
    BB18.2%
    A16.2%
    B8.8%
    Money Market3.1%
  • Global Fixed Interest35.8%
    Mexican Fixed Interest11.5%
    Brazilian Fixed Interest10.3%
    Middle East & African Fixed Interest6.4%
    Indonesian Fixed Interest6.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%3.1%8.2%12.3%2.5%13.5%
Sector0.4%4%8.6%13.7%3.8%14.1%
Rank within sector146 / 213128 / 210111 / 207137 / 201108 / 16258 / 96
Quartile3rd3rd3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund12.5%-6.6%-2.9%-8.7%16.9%
Sector13.2%-7.3%-0.6%-7%14.7%
Rank within sector128 / 205122 / 194117 / 17077 / 12543 / 101
Quartile3rd3rd3rd3rd2nd
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.
-0.5
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.
1.05
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%.
8.12
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.
2.05
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.
-0.21
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.
0.94
Price movement
52 week high17.88
52 week low15.27
Current bid price-
Current offer price-
Current mid price17.75
Region
1Others35.8%
2Mexico11.5%
3Brazil10.3%
4Turkey6.4%
5Indonesia6.2%
6Poland5%
7China4.8%
8Russia4.6%
9Colombia4.3%
Industry sector
1BBB47.48%
2BB18.22%
3A16.18%
4B8.82%
5Money Market3.1%
6AAA3%
7CCC2.13%
8CC0.48%
9Non-Rated0.48%
Asset type
1Global Fixed Interest35.8%
2Mexican Fixed Interest11.5%
3Brazilian Fixed Interest10.3%
4Middle East & African Fixed Interest6.4%
5Indonesian Fixed Interest6.2%
6Polish Fixed Interest5%
7Chinese Fixed Interest4.8%
8Russian Fixed Interest4.6%
9American Emerging Fixed Interest4.3%
Individual holdings
19.762% BRAZIL NOTAS DO TESOURO NAC 01/JAN/20191.8%
2MEXICO(UNITED MEXICAN STATES) 10% BDS 05/12/24 MXN1001.7%
39.762% BRAZIL NOTAS DO TESOURO NAC 01/JAN/20251.4%
4GHANA(REPUBLIC OF) 7.875% BDS 07/08/23 USD10001.3%
5MALAYSIA 4.16% NTS 15/07/21 MYR10001.3%
6INDONESIA(REPUBLIC OF) 7.75% BDS 17/01/38 USD1000 `144A`1.2%
7KAZAKHSTAN(REPUBLIC OF) 6.5% NTS 21/07/45 USD200000 4 144A1.1%
8POLAND(STATE TREASURY OF) 5.75% NTS 23/9/22 PLN10001.1%
9TURKEY(REPUBLIC OF) 10.6% BDS 11/02/26 TRY10001.1%
Management
Fund manager group
PineBridge Investments
Fund manager company
PineBridge Investments Ltd IRL
Fund type
Unit Trust
Fund objective
The fund seeks to achieve income and capital appreciation by investing in fixed income instruments issued primarily by governments, their agencies, local authorities and corporate entities in Latin America, Emerging Europe, Asia, the Middle East and Africa.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Steve Cook01/03/2009Steve Cook is the Senior Fund Manager (Corporate Credit), who joined the firm in the year 2007. He has over 17 years of investment experience.
Dmitri Savin01/04/2016
Anders Faergemann01/03/2009He has done BA economics in the University of Copenhagen & MA economics in the University of Exeter. He was previously with AIG affiliates, principally as emerging market currency analyst. He has also held roles at the European Commission and at Denmark's Permanent Representation to the European Union.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Hong Kong, Ireland, Italy, Luxembourg, Macau, Netherlands, Norway, Offshore, Singapore, Sweden, Taiwan - Province Of China
PineBridge Global Emerging Markets Bond A USD
Initial charge5%
Annual charge1.3%
Min single investment£1,000
Min regular saving£250
Available in ISANo
Ongoing charge (OCF)2.45%
Total expense ratio (TER)2.04%
Bid price-
Offer price-
Mid price17.7456
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKV09
PineBridge Global Emerging Markets Bond A6H AUD
Initial charge5%
Annual charge-
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.45%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.6148
CurrencyAUD
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0D1I
PineBridge Global Emerging Markets Bond AD USD
Initial charge5%
Annual charge1.3%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.45%
Total expense ratio (TER)2.04%
Bid price-
Offer price-
Mid price9.5342
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeB5U6
PineBridge Global Emerging Markets Bond Y USD
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.45%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price236.8826
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeAH37
Data provided by

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