Fact sheet: NN (L) EMD LclCcy

Fund information

Fund name
NN (L) Emerging Markets Debt (LC) X Cap USD
Fund company manager
NN Investment Partners (LUX)
Fund type
SIB
Fund manager
Jaco Rouw
since 02/05/2011
Fund objective
The fund invests in debt instruments (i.e. notes, bonds, certificates, etc) issued and/or denominated in the currencies of low or middle-income developing countries ("emerging markets") in Latin America, Asia, Central Europe, Eastern Europe and Africa. In most cases, the remaining life of these instruments is less than one year. Furthermore, the fund enters in emerging market currency forward contracts (a currency market transaction in which a seller agrees to deliver a specific currency to a buyer at some point in the future). We seek to add value through currency and interest rate positioning. Measured over a period of several years we aim to beat the performance of the benchmark JP Morgan ELMI Plus. The fund is intended 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
JPM ELMI Plus
Investment style
Active
Investment method
Fixed Interest

Quick stats

1 Year return

4.23 %

1 Year rank in sector

123/236

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 518.7 m

FE Risk score

80

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Money Market
    41.1%
  • USA
    23.34%
  • Japan
    13.34%
  • Brazil
    11.05%
  • Indonesia
    2.39%
  • BBB
    31.96%
  • AA
    29.04%
  • BB
    21.95%
  • A
    10.43%
  • AAA
    7.67%
  • Money Market
    41.1%
  • US Fixed Interest
    23.34%
  • Japanese Fixed Interest
    13.34%
  • Brazilian Fixed Interest
    11.05%
  • Indonesian Fixed Interest
    2.39%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.18 %5.88 %4.23 %-8.96 %-8.6 %
Sector0.55 %4.39 %4.39 %3.22 %6.87 %
Rank within sector200 / 25271 / 245123 / 236181 / 195100 / 116
Quartile th4 th2 nd3 rd4 th4 th

Calendar performance

YTD-20172016201520142013
Fund9.07 %2.19 %-9.58 %-9.19 %-3.83 %
Sector7.38 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector75 / 244226 / 227162 / 209169 / 17233 / 129
Quartile th2 nd4 th4 th4 th2 nd

Risk statistics

Alpha-3.81
Beta0.96
Sharpe-0.01
Volatility7.65
Tracking error3.31
Information ratio-1.17
R-Squared0.81

Price movement

52 week high51.08
52 week low46.18
Current bid price0
Current offer price0
Current mid price51.2

Holdings by region

  • 41.1% Money Market
  • 23.34% USA
  • 13.34% Japan
  • 11.05% Brazil
  • 2.39% Indonesia
  • 2.03% Egypt
  • 1.59% Mexico
  • 1.16% Poland
  • 1.15% South Africa
  • 1.02% Malaysia

Holdings by sector

  • 31.96% BBB
  • 29.04% AA
  • 21.95% BB
  • 10.43% A
  • 7.67% AAA
  • 0.46% B
  • -1.51% Money Market

Holdings by asset type

  • 41.1% Money Market
  • 23.34% US Fixed Interest
  • 13.34% Japanese Fixed Interest
  • 11.05% Brazilian Fixed Interest
  • 2.39% Indonesian Fixed Interest
  • 2.03% African Fixed Interest
  • 1.59% Mexican Fixed Interest
  • 1.16% Polish Fixed Interest
  • 1.15% South African Fixed Interest
  • 1.02% Malaysian Fixed Interest

Individual holdings

  • 11.05% 0.000% LETRA TESOURO NACIONAL 10/01/2017
  • 7.01% 0.000% TREASURY BILL 10/05/2017
  • 6.87% 0.000% JAPAN TREASURY DISC BILL 09/20/2017
  • 6.47% 0.000% JAPAN TREASURY DISC BILL 09/11/2017
  • 5.83% 0.000% TREASURY BILL 09/28/2017
  • 5.83% TREASURY BILL ZERO 12.10.2017
  • 4.67% 0.000% TREASURY BILL 09/07/2017
  • 1.62% 0.000% EGYPT TREASURY BILL 07/24/2018
  • 1.59% 7.470% PETROLEOS MEXICANOS 11/12/2026
  • 1.16% 2.500% POLAND GOVERNMENT BOND 07/25/2027