Fact sheet: PineBridge GblEmMkLc CurBd

Fund information
Fund name
PineBridge Global Emerging Markets Local Currency Bond A6HD AUD
Fund manager company
PineBridge Investments Ltd IRL
Fund type
Unit Trust
Fund managers
  • Anders Faergemannsince 29/06/2007
Fund objective
The Fund seeks to achieve income and capital appreciation by investing at least two-thirds of its total net assets in local currency fixed instruments issued by sovereign or quasi-sovereign or corporate entities in regions including Latin America, Emerging Europe, Asia, Middle East, Africa and Russia.
Benchmark
  • JPM GBI EM Global Diversified
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
4.9%
1 Year rank in sector
122/218
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.
2.49%
Fund size
£69m (£42m 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.
131
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$40.5%
Pictet Lat Am Lcl Cur Dt33.9%
Rubrics Ind Fxd Inc UCITS32.2%
Pioneer SICV-Emg Mkt Bd29%
Schroder ISF EmgMktBd28.3%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Brazil13.3%
    Others12.6%
    Mexico12.2%
    Turkey10.2%
    Indonesia10.1%
  • BBB36.9%
    A27.1%
    BB22.2%
    Non-Rated7.1%
    Money Market3.4%
  • Brazilian Fixed Interest13.3%
    Global Fixed Interest12.6%
    Mexican Fixed Interest12.2%
    Middle East & African Fixed Interest10.2%
    Indonesian Fixed Interest10.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6.1%-6.1%-2.1%4.9%-12.9%-
Sector-4.2%-3.4%2.8%6%-0.2%6.2%
Rank within sector168 / 227189 / 225215 / 223122 / 218132 / 168-
Quartile3rd4th4th3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund8.2%-14.5%-6.5%--
Sector8.4%-7.3%-0.6%-7%14.7%
Rank within sector93 / 220165 / 203152 / 173--
Quartile2nd4th4th
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.
-4.09
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.
1.4
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%.
10.62
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.
4.55
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.
-0.9
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 high8.09
52 week low6.87
Current bid price-
Current offer price-
Current mid price7.17
Region
1Brazil13.3%
2Others12.6%
3Mexico12.2%
4Turkey10.2%
5Indonesia10.1%
6South Africa8.6%
7Russia7.9%
8Poland6.7%
9Colombia5.8%
Industry sector
1BBB36.91%
2A27.14%
3BB22.22%
4Non-Rated7.05%
5Money Market3.4%
6AAA3.28%
Asset type
1Brazilian Fixed Interest13.3%
2Global Fixed Interest12.6%
3Mexican Fixed Interest12.2%
4Middle East & African Fixed Interest10.2%
5Indonesian Fixed Interest10.1%
6South African Fixed Interest8.6%
7Russian Fixed Interest7.9%
8Polish Fixed Interest6.7%
9American Emerging Fixed Interest5.8%
Individual holdings
19.762% BRAZIL NOTAS DO TESOURO NAC 01/JAN/20253.7%
2MALAYSIA 4.181% BDS 15/07/24 MYR10002.8%
3MEXICO(UNITED MEXICAN STATES) 8.5% BDS 13/12/18 MXN1002.8%
4TURKEY(REPUBLIC OF) 10.6% BDS 11/02/26 TRY10002.8%
5SOUTH AFRICA(REPUBLIC OF) 10.5% BDS 21/12/2026 ZAR1(186)2.7%
6MEXICO(UNITED MEXICAN STATES) 10% BDS 20/11/36 MXN1002.6%
7MEXICO(UNITED MEXICAN STATES) 10% BDS 05/12/24 MXN1002.5%
8RURAL ELECTRIFICATION CORP LTD 8.37% NTS 14/08/20 INR1000002.4%
9TURKEY GOVERNMENT BOND 10.7% 17/02/20212.4%
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 at least two-thirds of its total net assets in local currency fixed instruments issued by sovereign or quasi-sovereign or corporate entities in regions including Latin America, Emerging Europe, Asia, Middle East, Africa and Russia.
Benchmark
  • JPM GBI EM Global Diversified
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Anders Faergemann29/06/2007He 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
Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Germany, Spain, Finland, France, United Kingdom, Hong Kong, Ireland, Italy, Republic Of Korea, Macau, Netherlands, Offshore, Singapore, Sweden, Taiwan - Province Of China
PineBridge Global Emerging Markets Local Currency Bond A USD
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£250
Available in ISANo
Ongoing charge (OCF)2.42%
Total expense ratio (TER)2.14%
Bid price-
Offer price-
Mid price11.6734
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHSF7
PineBridge Global Emerging Markets Local Currency Bond A6HD AUD
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£250
Available in ISANo
Ongoing charge (OCF)2.49%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price7.1729
CurrencyAUD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJ7VW
PineBridge Global Emerging Markets Local Currency Bond A9HD Hedged
Initial charge-
Annual charge-
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.49%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.2344
CurrencyZAR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMBOS
PineBridge Global Emerging Markets Local Currency Bond AD USD
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£250
Available in ISANo
Ongoing charge (OCF)2.42%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price7.0067
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKHR5
PineBridge Global Emerging Markets Local Currency Bond JD USD
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)0.64%
Bid price-
Offer price-
Mid price46.2171
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeBSD3
PineBridge Global Emerging Markets Local Currency Bond Y USD
Initial charge-
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.42%
Total expense ratio (TER)1.14%
Bid price-
Offer price-
Mid price110.2768
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeZ753
PineBridge Global Emerging Markets Local Currency Bond Z 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 price93.8828
CurrencyUSD
Price updated01/12/2016
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeNCBV
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.