Fact sheet: MainFirst EmgMktCBdBl

Fund information

Fund name
MainFirst Emerging Markets Corporate Bond Balanced A2 EUR
Fund company manager
Main First
Fund type
SIB
Fund manager(s)
Cornel Bruhin
since 12/10/2012
Thomas Rutz
since 12/10/2012
Dorothea Fröhlich
since 12/10/2012
Fund objective
The investment objective of the sub-fund is to generate long-term capital growth and high returns. The sub-fund invests primarily in hard currency bonds (including zero-coupon bonds), short-term debt securities and similar debt instruments, using a balanced investment strategy designed to maintain a rating of at least BB for the sub-fund as a whole. These financial instruments are issued or guaranteed primarily by corporate borrowers domiciled in emerging markets or by sovereign borrowers in emerging economies: particularly central banks and government authorities. Our investment managers employ a high-conviction, active investment strategy supported by a reliable risk management framework.
Benchmark
JP Morgan Corporate EMBI Broad Diversiifed Composite Index
Investment style
Active
Investment method
Fixed Interest

Quick stats

1 Year return

11.49 %

1 Year rank in sector

73/245

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 213.9 m

FE Risk score

87

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Brazil
    16.92%
  • Mexico
    13.56%
  • Peru
    7.98%
  • Colombia
    6.09%
  • Indonesia
    5.85%
  • Oil & Gas
    17%
  • Financials
    14.93%
  • Utilities
    13.54%
  • Consumer Goods
    10.08%
  • Telecom, Media & Technology
    9.95%
  • American Emerging Fixed Interest
    22.1%
  • Brazilian Fixed Interest
    16.92%
  • Mexican Fixed Interest
    13.56%
  • Peruvian Fixed Interest
    7.98%
  • African Fixed Interest
    7.37%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.3 %4.66 %11.49 %15.94 %26.44 %
Sector-0.93 %2.2 %9.04 %5.74 %3.88 %
Rank within sector76 / 26213 / 25473 / 24553 / 20711 / 125
Quartile th2 nd1 st2 nd2 nd1 st

Calendar performance

YTD-20172016201520142013
Fund9.72 %14.23 %-2.95 %-0.21 %1.33 %
Sector7.3 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector66 / 24830 / 232108 / 211108 / 1727 / 131
Quartile th2 nd1 st3 rd3 rd1 st

Risk statistics

Alpha3.02
Beta0.99
Sharpe0.12
Volatility8.27
Tracking error4.51
Information ratio0.64
R-Squared0.7

Price movement

52 week high127.17
52 week low113.43
Current bid price0
Current offer price0
Current mid price126.47

Holdings by region

  • 16.92% Brazil
  • 13.56% Mexico
  • 7.98% Peru
  • 6.09% Colombia
  • 5.85% Indonesia
  • 5.45% Argentina
  • 3.49% South Africa
  • 3.45% Kazakhstan
  • 3.41% Nigeria
  • 2.94% International

Holdings by sector

  • 17% Oil & Gas
  • 14.93% Financials
  • 13.54% Utilities
  • 10.08% Consumer Goods
  • 9.95% Telecom, Media & Technology
  • 8.74% Infrastructure
  • 8.55% Government Bonds
  • 7.09% Industrials
  • 3.9% Mineral Extraction
  • 2.6% Real Estate

Holdings by asset type

  • 22.1% American Emerging Fixed Interest
  • 16.92% Brazilian Fixed Interest
  • 13.56% Mexican Fixed Interest
  • 7.98% Peruvian Fixed Interest
  • 7.37% African Fixed Interest
  • 5.85% Indonesian Fixed Interest
  • 4.93% GCC Fixed Interest
  • 3.49% South African Fixed Interest
  • 3.49% Middle East & African Fixed Interest
  • 3.45% Kazakhstan Fixed Interest

Individual holdings

  • 2.92% BANQUE OUEST AFRICAINE DE 5% BDS 27/07/27 USD200000
  • 2.91% MEXICO GENERADORA DE ENERGIAS DE R 5.5% BDS 06/12/32 USD200000 REG S
  • 2.91% PETROLEOS MEXICANOS 6.875% BDS 04/02/26 USD1000
  • 2.91% TRINIDAD GENERATION UNLIMITED 5.25% SNR NTS 04/11/27 USD200000REG S
  • 2.64% FENIX POWER PERU SA 4.317% MTG BDS 20/09/27 USD200000
  • 2.42% DEVELOPMENT BANK OF KAZAKHSTAN JSC 6% NTS 23/03/26 USD1000
  • 2.4% ECOPETROL SA
  • 2.2% LIMA METRO LINE
  • 2.12% OMAN(GOVT OF) 4.75% BDS 15/06/26 USD200000 REG S
  • 2.04% BRASKEM FINANCE LTD 6.45% BDS 03/02/24 USD1000