Fact sheet: NN (L) EM DebtHC

Fund information

Fund name
NN (L) Emerging Markets Debt (HC) Y Cap USD
Fund company manager
NN Investment Partners (LUX)
Fund type
SIB
Fund manager(s)
Marcelo Assalin
since 01/08/2015
Marco Ruijer
since 18/03/2013
Fund objective
The fund invests in debt instruments (i.e. notes, bonds, certificates etc) denominated in currencies of economically developed and politically stable countries which are members of the OECD (Organisation for Economic Cooperation and Development). We invest in countries where we are able to assess specific political and economic risks and in countries that have undertaken certain economic reforms. The issuers of the debt instruments are established in low and middle income developing countries (emerging markets). We invest in South and Central American (including the Caribbean), Central and Eastern European, Asian, African and Middle Eastern debt instruments. Measured over a period of several years, we aim to beat the performance of the benchmark JP Morgan EMBI Global Diversified. This fund is suitable for investors capable of assessing the risks linked to this fund. You can sell your participation in this fund on each (working) day on which the value of the units is calculated, which for this fund occurs daily. The fund does not aim to provide you with a dividend. It will reinvest all earnings.
Benchmark
JP Morgan EMBI Global Diversified Index
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

5.26 %

1 Year rank in sector

138/240

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 4.2 b

FE Risk score

96

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Money Market
    9.51%
  • Argentina
    5.32%
  • Turkey
    4.76%
  • Ukraine
    4.51%
  • Mexico
    4.42%
  • B
    31.16%
  • BBB
    28.1%
  • BB
    22.34%
  • Money Market
    7.48%
  • A
    4.44%
  • American Emerging Fixed Interest
    24.36%
  • Money Market
    9.51%
  • Middle East & African Fixed Interest
    8.93%
  • African Fixed Interest
    8.45%
  • European Emerging Fixed Interest
    7.93%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.28 %4.18 %5.26 %14.97 %15.83 %
Sector-0.23 %3.01 %5.19 %6.21 %4.33 %
Rank within sector95 / 254103 / 245138 / 24069 / 19852 / 122
Quartile th2 nd2 nd3 rd2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund9.05 %9.82 %-1.22 %2.71 %-6.06 %
Sector8.33 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector122 / 24399 / 22875 / 20979 / 17056 / 128
Quartile th3 rd2 nd2 nd2 nd2 nd

Risk statistics

Alpha2.79
Beta0.88
Sharpe0.18
Volatility6.55
Tracking error2.27
Information ratio1.12
R-Squared0.9

Price movement

52 week high321.27
52 week low286.39
Current bid price0
Current offer price0
Current mid price321.35

Holdings by region

  • 9.51% Money Market
  • 5.32% Argentina
  • 4.76% Turkey
  • 4.51% Ukraine
  • 4.42% Mexico
  • 3.86% Indonesia
  • 3.45% Russia
  • 3.18% Brazil
  • 2.98% Lebanon
  • 2.75% Panama

Holdings by sector

  • 31.16% B
  • 28.1% BBB
  • 22.34% BB
  • 7.48% Money Market
  • 4.44% A
  • 4.25% CCC
  • 1.18% Unknown
  • 1.05% AA

Holdings by asset type

  • 24.36% American Emerging Fixed Interest
  • 9.51% Money Market
  • 8.93% Middle East & African Fixed Interest
  • 8.45% African Fixed Interest
  • 7.93% European Emerging Fixed Interest
  • 4.42% Mexican Fixed Interest
  • 3.86% Indonesian Fixed Interest
  • 3.45% Russian Fixed Interest
  • 3.18% Brazilian Fixed Interest
  • 2.85% GCC Fixed Interest

Individual holdings

  • 1.98% 1MDB GLOBAL INVESTMENTS 4.4% BDS 09/03/23 USD100000
  • 1.7% URUGUAY 5.1% SNR UNSEC NTS 18/06/50 USD1
  • 1.36% 5.250% RUSSIAN FEDERATION 06/23/2047
  • 1.25% 6.750% PETROLEOS MEXICANOS 09/21/2047
  • 1.25% TURKEY(REPUBLIC OF) 4.875% BDS 16/04/43 USD1000
  • 1.2% DOMINICAN REPUBLIC 7.45% BDS 30/04/44 USD1000 144A
  • 1.02% COLOMBIA(REPUBLIC OF) 6.125% BDS 18/01/41 USD100000
  • 1% 5.375% OMAN GOV INTERNTL BOND 03/08/2027
  • 0.99% 5.000% LEBANESE REPUBLIC 10/12/2017
  • 0.96% HUNGARY 5.375% NTS 21/02/23 USD2000