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

12.49 %

1 Year rank in sector

61/240

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 4.8 m

FE Risk score

87

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Others
    18.8%
  • Mexico
    10.7%
  • China
    10.2%
  • Korea
    10.1%
  • India
    10%
  • BBB
    29.8%
  • A
    26.7%
  • BB
    20.6%
  • Non-Rated
    16.8%
  • B
    6.1%
  • Global Fixed Interest
    18.8%
  • Mexican Fixed Interest
    10.7%
  • Chinese Fixed Interest
    10.2%
  • South Korean Fixed Interest
    10.1%
  • Indian Fixed Interest
    10%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund2.93 %5 %12.49 %13.19 %-0.77 %
Sector1.21 %2.96 %8.32 %11.66 %2.8 %
Rank within sector49 / 25853 / 25261 / 240120 / 207 /
Quartile th1 st1 st2 nd3 rd th

Calendar performance

YTD-20182017201620152014
Fund2.17 %11.73 %7.86 %-8.16 %-7.16 %
Sector0.99 %8.47 %10.22 %-7.28 %-0.56 %
Rank within sector53 / 25769 / 240159 / 225149 / 205155 / 166
Quartile th1 st2 nd3 rd3 rd4 th

Risk statistics

Alpha0.12
Beta0.97
Sharpe-
Volatility7.26
Tracking error3.54
Information ratio-0.01
R-Squared0.76

Price movement

52 week high99.99
52 week low88.38
Current bid price0
Current offer price0
Current mid price99.82

Holdings by region

  • 18.8% Others
  • 10.7% Mexico
  • 10.2% China
  • 10.1% Korea
  • 10% India
  • 8.4% Russia
  • 7.5% Singapore
  • 6.5% Poland
  • 6.1% Indonesia
  • 5.9% Taiwan

Holdings by sector

  • 29.8% BBB
  • 26.7% A
  • 20.6% BB
  • 16.8% Non-Rated
  • 6.1% B

Holdings by asset type

  • 18.8% Global Fixed Interest
  • 10.7% Mexican Fixed Interest
  • 10.2% Chinese Fixed Interest
  • 10.1% South Korean Fixed Interest
  • 10% Indian Fixed Interest
  • 8.4% Russian Fixed Interest
  • 7.5% Singapore Fixed Interest
  • 6.5% Polish Fixed Interest
  • 6.1% Indonesian Fixed Interest
  • 5.9% Taiwanese Fixed Interest

Individual holdings

  • 3.4% LETRAS BANCO CENT ARGENTINA ZCPN 21/06/2018
  • 3.2% INDONESIA(REPUBLIC OF) 5.25% BDS 15/05/18 INR1000000
  • 2.4% MEXICO(UNITED MEXICAN STATES) 6.5% NTS 10/06/21 MXN100 M
  • 2.3% BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/23 BRL1000
  • 2.3% MALAYSIA 3.492% BDS 31/03/20 MYR1000
  • 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
  • 1% MEXICO(UNITED MEXICAN STATES) 4% BDS 13/06/19 MXN1000
  • 0.9% BRAZIL NTNF 10% 01/01/2027 - LC
  • 0.9% SOUTH AFRICA(REPUBLIC OF) 10.5% BDS 21/12/2026 ZAR1(186)