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
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

8.68 %

1 Year rank in sector

39/235

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 5.5 m

FE Risk score

84

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Others
    17.3%
  • Korea
    10.2%
  • China
    10.1%
  • Mexico
    10%
  • Brazil
    9.9%
  • BB
    32.5%
  • A
    26.8%
  • BBB
    25.4%
  • B
    14%
  • Non-Rated
    1.3%
  • Global Fixed Interest
    17.3%
  • South Korean Fixed Interest
    10.2%
  • Chinese Fixed Interest
    10.1%
  • Mexican Fixed Interest
    10%
  • Brazilian Fixed Interest
    9.9%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund2.23 %7.15 %8.35 %-2.41 %1.53 %
Sector0.23 %5.75 %5.92 %2.1 %6.88 %
Rank within sector27 / 24965 / 24239 / 235149 / 194 /
Quartile th1 st2 nd1 st4 th th

Calendar performance

YTD-20172016201520142013
Fund8.61 %7.86 %-8.16 %-7.16 %0 %
Sector6.69 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector64 / 242161 / 227152 / 209159 / 173 /
Quartile th2 nd3 rd3 rd4 th th

Risk statistics

Alpha-1.82
Beta0.94
Sharpe-0
Volatility7.71
Tracking error3.75
Information ratio-0.51
R-Squared0.76

Price movement

52 week high95.07
52 week low85.16
Current bid price0
Current offer price0
Current mid price94.97

Holdings by region

  • 17.3% Others
  • 10.2% Korea
  • 10.1% China
  • 10% Mexico
  • 9.9% Brazil
  • 9.2% India
  • 7.8% Singapore
  • 6.9% Poland
  • 6.5% Russia
  • 6.2% Taiwan

Holdings by sector

  • 32.5% BB
  • 26.8% A
  • 25.4% BBB
  • 14% B
  • 1.3% Non-Rated

Holdings by asset type

  • 17.3% Global Fixed Interest
  • 10.2% South Korean Fixed Interest
  • 10.1% Chinese Fixed Interest
  • 10% Mexican Fixed Interest
  • 9.9% Brazilian Fixed Interest
  • 9.2% Indian Fixed Interest
  • 7.8% Singapore Fixed Interest
  • 6.9% Polish Fixed Interest
  • 6.5% Russian Fixed Interest
  • 6.2% Taiwanese Fixed Interest

Individual holdings

  • 3.2% BRAZIL BLTN 0% 01/01/2020
  • 3.1% PERU(REPUBLIC OF) 5.2% BDS 12/09/23 PEN1000
  • 3% BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/21 BRL1000
  • 2.8% INDONESIA(REPUBLIC OF) 5.25% BDS 15/05/18 INR1000000
  • 2.5% REPUBLIC OF ARGENTINA 22.75% 05/03/2018
  • 2.2% INDIA(GOVERNMENT OF) 7.72% BDS 25/05/25 INR10000
  • 2% MALAYSIA 3.492% BDS 31/03/20 MYR1000
  • 1.6% BRAZIL NTNF 10% 01/01/2027 - LC
  • 1.3% BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/23 BRL1000
  • 1.3% INDONESIA(REPUBLIC OF) 8.25% BDS 15/07/21 IDR1000 FR0053