Fact sheet: First State EmgMksLlCurBd

Fund information

Fund name
First State Emerging Markets Local Currency Bond B Hedged Inc GBP
Fund company manager
First State Investments UK Ltd
Fund type
OEIC
Fund manager(s)
Manuel Canas
since 24/03/2014
Fund objective
The Fund aims to provide income and grow your investment. The Fund invests in fixed income securities (investments which provide a certain level of income or interest) and related derivatives (investments whose value is linked to the price of the underlying asset) issued primarily by governments and companies in emerging markets that are bought in the local currency. Emerging markets are countries considered to have social or business activity in the process of rapid growth. The Fund will invest up to 80 per cent of its assets in fixed income securities issued by or guaranteed by governments, and companies which may conduct much of their business in emerging markets. More than 30 per cent of the Fund may be invested in assets with low credit ratings. Derivatives may be used for investment purposes.
Benchmark
JPM GBI EM Global Diversified Composite Index
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

8.63 %

1 Year rank in sector

2/12

Sector

UT Global Emerging Markets Bond

Yield

7.19

Fund size

£ 17.7 m

FE Risk score

90

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Latin America
    38.5%
  • Not Specified
    29.5%
  • Asia
    17.8%
  • Africa
    11.1%
  • Money Market
    3.1%
  • American Emerging Fixed Interest
    38.5%
  • Global Fixed Interest
    29.5%
  • Asia Pacific Fixed Interest
    17.8%
  • African Fixed Interest
    11.1%
  • Money Market
    3.1%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund-3.19 %-1.89 %8.63 %-8.64 %0 %
Sector-1.49 %-0.69 %5.76 %19.93 %17.75 %
Rank within sector13 / 1312 / 132 / 1211 / 11 /
Quartile th4 th4 th1 st4 th th

Calendar performance

YTD-20172016201520142013
Fund7.12 %7.09 %-16.98 %0 %0 %
Sector3.22 %24.87 %-4.21 %4.26 %-9.56 %
Rank within sector2 / 1211 / 1111 / 11 / /
Quartile th1 st4 th4 th th th

Risk statistics

Alpha-7.57
Beta0.76
Sharpe-0.01
Volatility11.46
Tracking error8.17
Information ratio-1.11
R-Squared0.52

Price movement

52 week high84.47
52 week low75.51
Current bid price0
Current offer price0
Current mid price78.26

Holdings by region

  • 38.5% Latin America
  • 29.5% Not Specified
  • 17.8% Asia
  • 11.1% Africa
  • 3.1% Money Market

Holdings by sector

-

Holdings by asset type

  • 38.5% American Emerging Fixed Interest
  • 29.5% Global Fixed Interest
  • 17.8% Asia Pacific Fixed Interest
  • 11.1% African Fixed Interest
  • 3.1% Money Market

Individual holdings

-