Fact sheet: StanLife Inv EM Lcl Cur Dbt

Fund information
Fund name
Standard Life Investments Emerging Market Local Currency Debt A Acc USD
Fund manager company
Standard Life Investments GS
Fund type
Offshore Fund
Fund manager
  • Kieran Curtissince 18/06/2013
Fund objective
The fund aims to provide a return over the longer term from a combination of income, capital appreciation and foreign currency appreciation. The fund will achieve this by investing primarily in bond securities and emerging market currencies. The majority of bonds will be denominated in local currency and issued or guaranteed by governments, financial institutions or companies in emerging markets.The fund is actively managed by our investment team, who will select bonds, currencies and who may invest a proportion of the fund's assets in other bonds and/or money market instruments to try to take advantage of opportunities they have identified.
Benchmark
  • JPM GBI EM Global Diversified
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
4.7%
1 Year rank in sector
163/217
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.
1.67%
Fund size
£200m (£133m 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.
64
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$35%
Rubrics Ind Fxd Inc UCITS32%
Pictet Lat Am Lcl Cur Dt31.8%
Schroder ISF EmgMktBd31.7%
Old Mutual Em Mt Dt29.2%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Latin America32.8%
    Asia29.4%
    Europe24.9%
    Middle East/ Africa8.7%
    Money Market4.2%
  • Government Bonds95.8%
    Money Market4.2%
  • Global Emerging Market Fixed Interest95.8%
    Money Market4.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.2%-5.6%-1.3%4.7%-12.6%-
Sector-3.4%-3.8%1.7%6.9%0.6%6.1%
Rank within sector143 / 225153 / 224165 / 222163 / 217136 / 171-
Quartile3rd3rd3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund6.2%-15.2%-3%--
Sector8.9%-7.3%-0.6%-7%14.7%
Rank within sector172 / 219168 / 203122 / 173--
Quartile4th4th3rd
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.
-4.81
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.
1.31
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%.
10.18
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.
3.83
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.
-1.3
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.
0.91
Price movement
52 week high9.1
52 week low7.76
Current bid price-
Current offer price-
Current mid price8.52
Region
1Latin America32.8%
2Asia29.4%
3Europe24.9%
4Middle East/ Africa8.7%
5Money Market4.2%
Industry sector
1Government Bonds95.8%
2Money Market4.2%
Asset type
1Global Emerging Market Fixed Interest95.8%
2Money Market4.2%
Individual holdings
No data available.
Management
Fund manager group
Standard Life Investments
Fund manager company
Standard Life Investments GS
Fund type
Offshore Fund
Fund objective
The fund aims to provide a return over the longer term from a combination of income, capital appreciation and foreign currency appreciation. The fund will achieve this by investing primarily in bond securities and emerging market currencies. The majority of bonds will be denominated in local currency and issued or guaranteed by governments, financial institutions or companies in emerging markets.The fund is actively managed by our investment team, who will select bonds, currencies and who may invest a proportion of the fund's assets in other bonds and/or money market instruments to try to take advantage of opportunities they have identified.
Benchmark
  • JPM GBI EM Global Diversified
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Kieran Curtis18/06/2013He Joined investment industry in 2002. Management of the Aviva Morley Emerging Market Local Currency Bond Fund, as well as researching emerging market bond and currency markets. Kieran joined Morley in 2005. From 2002 to2004, Kieran worked for Invesco UK as a fixed income Trainee Fund Manager on the graduate scheme, gaining experience in both global equities and global bonds. He then progressed to the role of Assistant Portfolio Manager at Standard Asset Management, where he managed emerging market fixed income funds. He brings particular expertise in less developed markets with additional experience of managing structured products and funds with total return benchmarks.
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
Switzerland, Germany, United Kingdom, Luxembourg, Offshore
Standard Life Investments Emerging Market Local Currency Debt A Acc USD
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.67%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price8.5207
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF97O
Standard Life Investments Emerging Market Local Currency Debt A Dis USD
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.66%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price7.8781
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF97P
Standard Life Investments Emerging Market Local Currency Debt A Hedged Acc GBP
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.66%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price8.5098
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF97Q
Standard Life Investments Emerging Market Local Currency Debt A Hedged Dis GBP
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.66%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price7.6468
CurrencyGBP
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF97R
Standard Life Investments Emerging Market Local Currency Debt B Unhedged Acc GBP
Initial charge5%
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.98%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0103
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEA7Z
Standard Life Investments Emerging Market Local Currency Debt D Acc EUR
Initial charge5%
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0603
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC0DA
Standard Life Investments Emerging Market Local Currency Debt D Acc GBP
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.8741
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF97U
Standard Life Investments Emerging Market Local Currency Debt D Acc USD
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price8.7714
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF97S
Standard Life Investments Emerging Market Local Currency Debt D Dis GBP
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.5425
CurrencyGBP
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF97V
Standard Life Investments Emerging Market Local Currency Debt D Dis USD
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price7.9327
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF97T
Standard Life Investments Emerging Market Local Currency Debt D Hedged Acc GBP
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price8.747
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF97W
Standard Life Investments Emerging Market Local Currency Debt D Hedged Dis GBP
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price7.6339
CurrencyGBP
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF97X
Standard Life Investments Emerging Market Local Currency Debt Z Acc EUR
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.4622
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFN0L
Standard Life Investments Emerging Market Local Currency Debt Z Acc GBP
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.2075
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFVGX
Data provided by

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