Fact sheet: LO EmgLocCurBdFndmtl

Fund information

Fund name
LO Emerging Local Currency Bond Fundamental (USD) R A
Fund company manager
Lombard Odier
Fund type
SIB
Fund manager(s)
Yannik Zufferey
since 31/10/2016
Salaman Ahmed
since 31/12/2014
Sara Razmpa
since 31/12/2014
Fund objective
The Fund invests globally in fixed income securities issued by sovereign entities from emerging economies and denominated in local currencies, as well as in financial derivatives which are used to gain or hedge exposure to emerging currency short-term movements or long-term trends. It applies Lombard Odier Investment Managers' innovative fundamental weight driven (FWD) benchmark approach which determines each country allocation based on its economic fundamentals rather than its market capitalization, and therefore ensures higher allocations to sovereigns demonstrating a greater capacity to meet their obligations. Our Dynamically-hedged share class provide investors with a solution which determines the appropriate level of hedging while considering the risk environment.
Benchmark
JPM GBI EM Global Diversified
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

3.79 %

1 Year rank in sector

178/240

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 225.7 m

FE Risk score

91

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Others
    35.58%
  • China
    10.18%
  • Russia
    9.71%
  • India
    9.68%
  • Indonesia
    7.61%
  • BBB
    47.64%
  • A
    38.44%
  • BB
    10.31%
  • AA
    3.14%
  • Money Market
    0.47%
  • Global Fixed Interest
    35.58%
  • Chinese Fixed Interest
    10.18%
  • Russian Fixed Interest
    9.71%
  • Indian Fixed Interest
    9.68%
  • Indonesian Fixed Interest
    7.61%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-1.82 %3.48 %3.79 %-7.93 %-18.33 %
Sector-0.32 %3.21 %5.48 %6.25 %4.33 %
Rank within sector218 / 254151 / 245178 / 240193 / 198121 / 122
Quartile th4 th3 rd3 rd4 th4 th

Calendar performance

YTD-20172016201520142013
Fund9.16 %5.49 %-13.34 %-10.98 %-9.21 %
Sector8.37 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector115 / 243204 / 228172 / 209169 / 17092 / 128
Quartile th2 nd4 th4 th4 th3 rd

Risk statistics

Alpha-4.53
Beta1.21
Sharpe-0.01
Volatility9.02
Tracking error3.38
Information ratio-1.25
R-Squared0.89

Price movement

52 week high9.3101
52 week low8.1864
Current bid price0
Current offer price0
Current mid price9.0569

Holdings by region

  • 35.58% Others
  • 10.18% China
  • 9.71% Russia
  • 9.68% India
  • 7.61% Indonesia
  • 7.24% Thailand
  • 7.14% Mexico
  • 6.52% Turkey
  • 5.87% Romania
  • 0.47% Money Market

Holdings by sector

  • 47.64% BBB
  • 38.44% A
  • 10.31% BB
  • 3.14% AA
  • 0.47% Money Market

Holdings by asset type

  • 35.58% Global Fixed Interest
  • 10.18% Chinese Fixed Interest
  • 9.71% Russian Fixed Interest
  • 9.68% Indian Fixed Interest
  • 7.61% Indonesian Fixed Interest
  • 7.24% Thai Fixed Interest
  • 7.14% Mexican Fixed Interest
  • 6.52% Middle East & African Fixed Interest
  • 5.87% European Emerging Fixed Interest
  • 0.47% Money Market

Individual holdings

-