Fact sheet: Baillie Gifford Emg Mkts Bd

Fund information

Fund name
Baillie Gifford Emerging Markets Bond B Inc
Fund company manager
Baillie Gifford
Fund type
OEIC
Fund manager(s)
Yannis Lykouris
since 31/03/2016
Steven Hay
since 01/07/2011
Sally Greig
since 25/06/2008
Fund objective
The objective is to produce a total return, before charges and expenses payable out of the Fund, in excess of the total return on the J.P. Morgan GBI-EM Global Diversified Index unhedged in sterling, or any successor or substitute index, in each case as modified from time to time over rolling 3-year periods. There is no guarantee that a positive return will be achieved over rolling 3-year periods or any time period and capital may be at risk. The Fund will invest primarily in bonds issued by one or more of the following: sovereign, supranational, public sector and corporate issuers. Normally at least 75% of the Fund’s assets will be held in bonds issued by emerging market borrowers or bonds denominated in emerging market currencies, but the Fund may also invest in bonds denominated in any currency and issued by one or more of the following: sovereign, supranational, public sector and corporate issuers in developed markets. Currency forwards and derivatives may be used from time to time in keeping with the Fund’s objective, with the intention of altering the Fund’s currency or market exposure and either enhancing or protecting the return on the Fund.The inclusion of any particular market or geographic area, being an emerging market or area, is solely at the ACD’s discretion.The Fund will also have the ability to invest up to (but no more than) 10% in value of the Fund in each of the following: collective investment schemes and deposits.
Benchmark
JPM GBI EM Global Diversified Composite Index
Investment style
Active
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

0.61 %

1 Year rank in sector

7/12

Sector

UT Global Emerging Markets Bond

Yield

6.6

Fund size

£ 892.3 m

FE Risk score

109

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Turkey
    12%
  • Russia
    8.8%
  • Indonesia
    8.2%
  • Malaysia
    8.2%
  • Argentina
    7.2%
  • Middle East & African Fixed Interest
    12%
  • American Emerging Fixed Interest
    11%
  • Russian Fixed Interest
    8.8%
  • Indonesian Fixed Interest
    8.2%
  • Malaysian Fixed Interest
    8.2%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.98 %0.56 %0.61 %16.39 %6.39 %
Sector1.23 %1.42 %0.76 %24.69 %21.1 %
Rank within sector7 / 1310 / 137 / 128 / 115 / 7
Quartile th3 rd4 th3 rd3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund6.96 %29.9 %-12.08 %-3.68 %-14.05 %
Sector5.47 %24.87 %-4.21 %4.26 %-9.56 %
Rank within sector4 / 125 / 119 / 1110 / 1010 / 10
Quartile th2 nd2 nd4 th4 th4 th

Risk statistics

Alpha-3.91
Beta1.34
Sharpe0.1
Volatility14.94
Tracking error4.75
Information ratio-0.41
R-Squared0.96

Price movement

52 week high113.1
52 week low98.61
Current bid price0
Current offer price0
Current mid price105.3

Holdings by region

  • 12% Turkey
  • 8.8% Russia
  • 8.2% Indonesia
  • 8.2% Malaysia
  • 7.2% Argentina
  • 6.7% Mexico
  • 5.8% Others
  • 5.6% Peru
  • 5.4% South Africa
  • 5.3% Poland

Holdings by sector

-

Holdings by asset type

  • 12% Middle East & African Fixed Interest
  • 11% American Emerging Fixed Interest
  • 8.8% Russian Fixed Interest
  • 8.2% Indonesian Fixed Interest
  • 8.2% Malaysian Fixed Interest
  • 6.7% Mexican Fixed Interest
  • 5.8% Global Fixed Interest
  • 5.6% Peruvian Fixed Interest
  • 5.4% South African Fixed Interest
  • 5.3% Polish Fixed Interest

Individual holdings

  • 3.9% MALAYSIA 3.654% 31/10/2019
  • 3.7% TURKEY(REPUBLIC OF) 8.8% BDS 27/09/23 TRY1000
  • 3.4% TURKEY(REPUBLIC OF) 8.5% BDS 14/09/22 TRL100
  • 3.2% RUSSIAN FEDERATION MINISTRY FINANCE 7% BDS 25/01/23 RUB1000
  • 2.9% RUSSIAN FEDERATION MINISTRY FINANCE 8.5% BDS 17/09/31 RUB1000
  • 2.7% INDONESIA(REPUBLIC OF) 9% BDS 15/03/29 IDR1000000
  • 2.7% ROMANIA 5.8% 26/07/2027
  • 2.4% SOUTH AFRICA(REPUBLIC OF) 8.75% BDS 31/01/44 ZAR1
  • 2.4% TURKEY(REPUBLIC OF) 9.2% BDS 22/09/21 TRY1000
  • 2.3% COLOMBIA 6% 28/04/2028 (COP)