Fact sheet: Vontobel EmgMktsLCBd

Fund information
Fund name
Vontobel Emerging Markets Local Currency Bond B USD
Fund manager company
Vontobel Asset Management S.A.
Fund type
Offshore Fund
Fund managers
  • Valentina Chensince 19/08/2014
Fund objective
This Sub-Fund aims to achieve the best possible investment returns in USD. While respecting the principle of risk diversification, the Sub-Fund's assets are primarily invested in bonds, notes and similar fixed or variable interest rate debt instruments including convertibles and warrant bonds, which are de-nominated in various emerging market currencies and/or issued by public and/or private borrowers based in emerg-ing markets, whereby a maximum of 25% of the Sub-Fund's assets may be invested in convertibles and warrant bonds.
Benchmark
  • JP Morgan GBI EM Global Diversified
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
3.9%
1 Year rank in sector
145/217
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.
1.55%
Fund size
£123m (£99m 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.
104
Top in this sector
Fund name1 Year
Rubrics Ind Fxd Inc UCITS32%
UBS (L)BdSIC-Brazil$31.5%
Pictet Lat Am Lcl Cur Dt29.3%
Schroder ISF EmgMktBd29%
Pioneer SICV-Emg Mkt Bd28.1%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6.3%-6.9%-0.8%3.9%-16.3%-16.1%
Sector-4%-3.9%1.9%5.8%0%5.1%
Rank within sector177 / 225182 / 224162 / 222145 / 217145 / 17084 / 100
Quartile4th4th3rd3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund7%-15.6%-7.2%-10%13.5%
Sector8%-7.3%-0.6%-7%14.7%
Rank within sector116 / 219169 / 203159 / 17396 / 12780 / 101
Quartile3rd4th4th4th4th
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.
-5.38
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.
1.52
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%.
11.8
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.
5.21
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.
-1.09
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 high91.79
52 week low75.59
Current bid price-
Current offer price-
Current mid price84.12
Region
1Global Emerging Markets100%
Industry sector
1Fixed Interest100%
Asset type
1Global Emerging Market Fixed Interest100%
Individual holdings
1BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/17 BRL10006.1%
2BRAZIL(FEDERATIVE REPUBLIC OF) 8% NTS 15/01/18 USD10004.5%
3BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/25 BRL10003.2%
4TURKEY(REPUBLIC OF) 6.3% BDS 14/02/18 TRY1003%
5SOUTH AFRICA(REPUBLIC OF) 7.25% NTS 15/01/20 ZAR1 SER`R207`2.5%
6TURKEY(REPUBLIC OF) 8.3% BDS 20/06/18 TRY1002.5%
7TURKEY(REPUBLIC OF) 9% BDS 08/03/17 TRY10002.5%
8REPUBLIC OF SOUTH AFRICA BONDS 10.5000% Mat 12/21/20262.4%
9ROMANIA(REPUBLIC OF) 5.95% NTS 11/06/21 RON100002.4%
Management
Fund manager group
Vontobel Fund Management
Fund manager company
Vontobel Asset Management S.A.
Fund type
Offshore Fund
Fund objective
This Sub-Fund aims to achieve the best possible investment returns in USD. While respecting the principle of risk diversification, the Sub-Fund's assets are primarily invested in bonds, notes and similar fixed or variable interest rate debt instruments including convertibles and warrant bonds, which are de-nominated in various emerging market currencies and/or issued by public and/or private borrowers based in emerg-ing markets, whereby a maximum of 25% of the Sub-Fund's assets may be invested in convertibles and warrant bonds.
Benchmark
  • JP Morgan GBI EM Global Diversified
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Valentina Chen19/08/2014Valentina Shan Chen is Junior Fund Manager. She joined Aviva Investors in 2006. Her main responsibilities are managing designated Emerging Market bond portfolios to meet performance targets, and assisting in the management of other Emerging Market bond portfolios as designated. Valentina joined Aviva Investors' graduate programme after university. She had one year of rotation around various desks before she joined the emerging market desk in October 2007. Valentina holds an MSc in economics from Oxford University and a BSc in economics, politics and international relations from Warwick University. She has also spent one semester at Harvard University studying investment banking and behavioural finance. She holds the investment management certificate and is a CFA charterholder.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Chile, Germany, Spain, Finland, United Kingdom, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden, Taiwan - Province Of China
Vontobel Emerging Markets Local Currency Bond A
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)1.49%
Bid price-
Offer price-
Mid price63.27
CurrencyUSD
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMQE3
Vontobel Emerging Markets Local Currency Bond AM USD
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)1.88%
Bid price-
Offer price-
Mid price60.16
CurrencyUSD
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF0XY
Vontobel Emerging Markets Local Currency Bond AMH AUD
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price93.12
CurrencyAUD
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE7HP
Vontobel Emerging Markets Local Currency Bond AMH ZAR
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price945.21
CurrencyZAR
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE7HQ
Vontobel Emerging Markets Local Currency Bond B CHF
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)1.48%
Bid price-
Offer price-
Mid price88.01
CurrencyCHF
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0YVD
Vontobel Emerging Markets Local Currency Bond B EUR
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)1.48%
Bid price-
Offer price-
Mid price98.42
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0YVE
Vontobel Emerging Markets Local Currency Bond B USD
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)1.49%
Bid price-
Offer price-
Mid price84.12
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMQE4
Vontobel Emerging Markets Local Currency Bond C
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price123.27
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMQE5
Vontobel Emerging Markets Local Currency Bond H (hedged) CHF
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)1.57%
Bid price-
Offer price-
Mid price77.15
CurrencyCHF
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMSH3
Vontobel Emerging Markets Local Currency Bond H (hedged) EUR
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)1.57%
Bid price-
Offer price-
Mid price80.48
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMQE6
Vontobel Emerging Markets Local Currency Bond HI (hedged)
Initial charge5%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)0.96%
Bid price-
Offer price-
Mid price80.08
CurrencyCHF
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNBJ0
Vontobel Emerging Markets Local Currency Bond HI (hedged) EUR
Initial charge5%
Annual charge0.63%
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 price80.26
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJ6R
Vontobel Emerging Markets Local Currency Bond I
Initial charge5%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.87%
Bid price-
Offer price-
Mid price87.28
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMQE7
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