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

9.5 %

1 Year rank in sector

19/240

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 5.2 m

FE Risk score

88

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Others
    20.7%
  • China
    10%
  • Korea
    10%
  • Brazil
    9.3%
  • India
    9%
  • BB
    30.5%
  • BBB
    29.1%
  • A
    23.3%
  • B
    15.7%
  • Non-Rated
    1.4%
  • Global Fixed Interest
    20.7%
  • Chinese Fixed Interest
    10%
  • South Korean Fixed Interest
    10%
  • Brazilian Fixed Interest
    9.3%
  • Indian Fixed Interest
    9%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.85 %4.04 %9.5 %2.23 %-1.59 %
Sector-0.49 %3.36 %5.51 %5.89 %5.02 %
Rank within sector181 / 254122 / 24519 / 240149 / 198 /
Quartile th3 rd2 nd1 st4 th th

Calendar performance

YTD-20172016201520142013
Fund10.19 %7.86 %-8.16 %-7.16 %0 %
Sector8.3 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector80 / 243162 / 228153 / 209156 / 170 /
Quartile th2 nd3 rd3 rd4 th th

Risk statistics

Alpha-0.98
Beta0.93
Sharpe-0
Volatility7.58
Tracking error3.8
Information ratio-0.31
R-Squared0.75

Price movement

52 week high97.93
52 week low85.16
Current bid price0
Current offer price0
Current mid price96.35

Holdings by region

  • 20.7% Others
  • 10% China
  • 10% Korea
  • 9.3% Brazil
  • 9% India
  • 7.6% Singapore
  • 7.4% Poland
  • 7.4% Russia
  • 6.9% Mexico
  • 6.1% Taiwan

Holdings by sector

  • 30.5% BB
  • 29.1% BBB
  • 23.3% A
  • 15.7% B
  • 1.4% Non-Rated

Holdings by asset type

  • 20.7% Global Fixed Interest
  • 10% Chinese Fixed Interest
  • 10% South Korean Fixed Interest
  • 9.3% Brazilian Fixed Interest
  • 9% Indian Fixed Interest
  • 7.6% Singapore Fixed Interest
  • 7.4% Polish Fixed Interest
  • 7.4% Russian Fixed Interest
  • 6.9% Mexican Fixed Interest
  • 6.1% Taiwanese Fixed Interest

Individual holdings

  • 2.9% INDONESIA(REPUBLIC OF) 5.25% BDS 15/05/18 INR1000000
  • 2.7% BRAZIL NTNF 10% 01/01/2027 - LC
  • 2.6% BRAZIL NTNF 10% 01/01/2025 - LC
  • 2.5% REPUBLIC OF ARGENTINA 22.75% 05/03/2018
  • 2.4% MEXICO(UNITED MEXICAN STATES) 6.5% NTS 10/06/21 MXN100 M
  • 2.3% INDIA(GOVERNMENT OF) 7.72% BDS 25/05/25 INR10000
  • 2.3% MALAYSIA 3.492% BDS 31/03/20 MYR1000
  • 1.9% BRAZIL(FEDERATIVE REPUBLIC OF) 6% BDS 15/08/22 BRL1000
  • 1.6% BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/23 BRL1000
  • 1.3% INDONESIA(REPUBLIC OF) 8.25% BDS 15/07/21 IDR1000 FR0053