Fact sheet: MainFirst EmgMktCBdBl

Fund information

Fund name
MainFirst Emerging Markets Corporate Bond Balanced A1 CHF
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 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 by sovereign borrowers in emerging economies: particularly central banks, government authorities and regional banks, as well as corporate borrowers domiciled in emerging markets. Our investment managers employ a high-conviction, active investment strategy supported by a reliable risk management framework.
Benchmark
JP Morgan CEMBI
Investment style
Active
Investment method
Fixed Interest

Quick stats

1 Year return

7.91 %

1 Year rank in sector

53/240

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 213.9 m

FE Risk score

103

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Brazil
    17.82%
  • Mexico
    14.66%
  • Peru
    6.33%
  • Colombia
    5.47%
  • Argentina
    4.61%
  • Financials
    18.39%
  • Oil & Gas
    14.29%
  • Consumer Goods
    10.8%
  • Telecom, Media & Technology
    10.17%
  • Utilities
    9.69%
  • American Emerging Fixed Interest
    20.2%
  • Brazilian Fixed Interest
    17.82%
  • Mexican Fixed Interest
    14.66%
  • African Fixed Interest
    7.15%
  • Peruvian Fixed Interest
    6.33%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.82 %4.67 %7.91 %9.8 %21.21 %
Sector-0.49 %3.36 %5.51 %5.89 %5.02 %
Rank within sector11 / 25484 / 24553 / 240110 / 19828 / 120
Quartile th1 st2 nd1 st3 rd1 st

Calendar performance

YTD-20172016201520142013
Fund9.28 %13.61 %-5.74 %-0.45 %1.18 %
Sector8.3 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector106 / 24337 / 228136 / 209108 / 1705 / 128
Quartile th2 nd1 st3 rd3 rd1 st

Risk statistics

Alpha0.88
Beta0.99
Sharpe-0
Volatility8.36
Tracking error4.59
Information ratio0.17
R-Squared0.7

Price movement

52 week high121.21
52 week low109.14
Current bid price0
Current offer price0
Current mid price121.21

Holdings by region

  • 17.82% Brazil
  • 14.66% Mexico
  • 6.33% Peru
  • 5.47% Colombia
  • 4.61% Argentina
  • 4.38% South Africa
  • 4.2% International
  • 4.14% Kazakhstan
  • 3.49% Indonesia
  • 3.12% Nigeria

Holdings by sector

  • 18.39% Financials
  • 14.29% Oil & Gas
  • 10.8% Consumer Goods
  • 10.17% Telecom, Media & Technology
  • 9.69% Utilities
  • 7.9% Infrastructure
  • 7.76% Industrials
  • 7.74% Government Bonds
  • 4.15% Transport
  • 3.92% Mineral Extraction

Holdings by asset type

  • 20.2% American Emerging Fixed Interest
  • 17.82% Brazilian Fixed Interest
  • 14.66% Mexican Fixed Interest
  • 7.15% African Fixed Interest
  • 6.33% Peruvian Fixed Interest
  • 4.39% GCC Fixed Interest
  • 4.38% South African Fixed Interest
  • 4.2% Global Fixed Interest
  • 4.14% Kazakhstan Fixed Interest
  • 4.11% Middle East & African Fixed Interest

Individual holdings

  • 2.91% PETROLEOS MEXICANOS 6.875% BDS 04/02/26 USD1000
  • 2.78% BANQUE OUEST AFRICAINE DE 5% BDS 27/07/27 USD200000
  • 2.76% TRINIDAD GENERATION UNLIMITED 5.25% SNR NTS 04/11/27 USD200000REG S
  • 2.5% MEXICO GENERADORA DE ENERGIAS DE R 5.5% BDS 06/12/32 USD200000 REG S
  • 2.45% BRASKEM FINANCE LTD 6.45% BDS 03/02/24 USD1000
  • 2.28% ECOPETROL SA 5.375% BDS 26/06/26 USD1000
  • 2.24% DEVELOPMENT BANK OF KAZAKHSTAN JSC 6% NTS 23/03/26 USD1000
  • 2.08% LIMA METRO LINE 2 FINANCE LTD 5.875% BDS 05/07/34 USD2000 15 01 REG S
  • 2.04% OMAN(GOVT OF) 4.75% BDS 15/06/26 USD200000 REG S
  • 1.94% GLOBAL BANK CORP 4.5% BDS 20/10/21 USD1000