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

6.61 %

1 Year rank in sector

31/236

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 5.3 m

FE Risk score

82

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Others
    17.6%
  • Korea
    10.3%
  • China
    10%
  • Mexico
    10%
  • India
    9.1%
  • A
    31.5%
  • BB
    29.1%
  • BBB
    24.6%
  • B
    13.6%
  • Non-Rated
    1.2%
  • Global Fixed Interest
    17.6%
  • South Korean Fixed Interest
    10.3%
  • Chinese Fixed Interest
    10%
  • Mexican Fixed Interest
    10%
  • Indian Fixed Interest
    9.1%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.04 %5.07 %6.61 %-1.24 %1.26 %
Sector0.88 %3.93 %3.96 %3.05 %6.71 %
Rank within sector115 / 25284 / 24531 / 236146 / 195 /
Quartile th2 nd2 nd1 st3 rd th

Calendar performance

YTD-20172016201520142013
Fund9.26 %7.86 %-8.16 %-7.16 %0 %
Sector6.97 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector65 / 244160 / 227151 / 209158 / 172 /
Quartile th2 nd3 rd3 rd4 th th

Risk statistics

Alpha-0.97
Beta0.94
Sharpe-0
Volatility7.78
Tracking error3.81
Information ratio-0.28
R-Squared0.76

Price movement

52 week high95.79
52 week low85.16
Current bid price0
Current offer price0
Current mid price95.54

Holdings by region

  • 17.6% Others
  • 10.3% Korea
  • 10% China
  • 10% Mexico
  • 9.1% India
  • 8.2% Brazil
  • 7.8% Singapore
  • 7.7% Poland
  • 7.2% Russia
  • 6.2% Taiwan

Holdings by sector

  • 31.5% A
  • 29.1% BB
  • 24.6% BBB
  • 13.6% B
  • 1.2% Non-Rated

Holdings by asset type

  • 17.6% Global Fixed Interest
  • 10.3% South Korean Fixed Interest
  • 10% Chinese Fixed Interest
  • 10% Mexican Fixed Interest
  • 9.1% Indian Fixed Interest
  • 8.2% Brazilian Fixed Interest
  • 7.8% Singapore Fixed Interest
  • 7.7% Polish Fixed Interest
  • 7.2% Russian Fixed Interest
  • 6.2% Taiwanese Fixed Interest

Individual holdings

  • 3.2% PERU(REPUBLIC OF) 5.2% BDS 12/09/23 PEN1000
  • 2.8% BRAZIL NTNF 10% 01/01/2025 - LC
  • 2.8% INDONESIA(REPUBLIC OF) 5.25% BDS 15/05/18 INR1000000
  • 2.6% BRAZIL NTNF 10% 01/01/2027 - LC
  • 2.4% REPUBLIC OF ARGENTINA 22.75% 05/03/2018
  • 2.3% MALAYSIA 3.492% BDS 31/03/20 MYR1000
  • 2.2% INDIA(GOVERNMENT OF) 7.72% BDS 25/05/25 INR10000
  • 2.2% MEXICO(UNITED MEXICAN STATES) 6.5% NTS 10/06/21 MXN100 M
  • 1.8% BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/21 BRL1000
  • 1.5% BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/23 BRL1000