Fact sheet: Ashmore Local Currency

Fund information

Fund name
Ashmore Local Currency Z Acc USD
Fund company manager
Ashmore Investment Mgt Ltd
Fund type
SIB
Fund manager(s)
Ashmore Investment Team
since 02/08/2006
Fund objective
SICAV LCF is an open-ended, daily dealing, UCITS V-compliant, Luxembourg fund. It offers investors access to a highly diversified portfolio of mainly Emerging Markets local currencies and local currency denominated sovereign, public sector and corporate debt securities and derivative instruments.
Benchmark
JP Morgan ELMI+
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

12.05 %

1 Year rank in sector

65/245

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 4.6 m

FE Risk score

87

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Others
    20.9%
  • India
    10.2%
  • Korea
    9.9%
  • China
    9.8%
  • Russia
    8.3%
  • BBB
    32.4%
  • BB
    25.9%
  • A
    20.9%
  • B
    15.1%
  • Non-Rated
    5.7%
  • Global Fixed Interest
    20.9%
  • Indian Fixed Interest
    10.2%
  • South Korean Fixed Interest
    9.9%
  • Chinese Fixed Interest
    9.8%
  • Russian Fixed Interest
    8.3%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.56 %3.07 %12.05 %4.66 %-1.72 %
Sector-0.93 %2.2 %9.04 %5.74 %3.88 %
Rank within sector121 / 26272 / 25465 / 245141 / 207 /
Quartile th2 nd2 nd2 nd3 rd th

Calendar performance

YTD-20172016201520142013
Fund9.33 %7.86 %-8.16 %-7.16 %0 %
Sector7.3 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector82 / 248164 / 232155 / 211161 / 172 /
Quartile th2 nd3 rd3 rd4 th th

Risk statistics

Alpha-0.71
Beta0.94
Sharpe-0
Volatility7.6
Tracking error3.72
Information ratio-0.23
R-Squared0.76

Price movement

52 week high97.93
52 week low85.16
Current bid price0
Current offer price0
Current mid price95.6

Holdings by region

  • 20.9% Others
  • 10.2% India
  • 9.9% Korea
  • 9.8% China
  • 8.3% Russia
  • 8.2% Brazil
  • 7.5% Singapore
  • 7.1% Mexico
  • 6.1% Poland
  • 6% Indonesia

Holdings by sector

  • 32.4% BBB
  • 25.9% BB
  • 20.9% A
  • 15.1% B
  • 5.7% Non-Rated

Holdings by asset type

  • 20.9% Global Fixed Interest
  • 10.2% Indian Fixed Interest
  • 9.9% South Korean Fixed Interest
  • 9.8% Chinese Fixed Interest
  • 8.3% Russian Fixed Interest
  • 8.2% Brazilian Fixed Interest
  • 7.5% Singapore Fixed Interest
  • 7.1% Mexican Fixed Interest
  • 6.1% Polish Fixed Interest
  • 6% Indonesian Fixed Interest

Individual holdings

  • 3.3% INDONESIA(REPUBLIC OF) 5.25% BDS 15/05/18 INR1000000
  • 2.6% INDIA(GOVERNMENT OF) 7.72% BDS 25/05/25 INR10000
  • 2.6% REPUBLIC OF ARGENTINA 22.75% 05/03/2018
  • 2.5% MEXICO(UNITED MEXICAN STATES) 6.5% NTS 10/06/21 MXN100 M
  • 2.4% BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/23 BRL1000
  • 2.1% BRAZIL NTNF 10% 01/01/2027 - LC
  • 2.1% MALAYSIA 3.492% BDS 31/03/20 MYR1000
  • 2% BRAZIL NTNF 10% 01/01/2025 - LC
  • 1.7% BRAZIL(FEDERATIVE REPUBLIC OF) 6% BDS 15/08/22 BRL1000
  • 1.3% INDONESIA(REPUBLIC OF) 8.25% BDS 15/07/21 IDR1000 FR0053