Fact sheet: Threadneedle (L)GblEmMtSTBd

Fund information

Fund name
Threadneedle (Lux) Global Emerging Market Short Term Bonds AU Gr USD
Fund company manager
Threadneedle (Lux)
Fund type
SIB
Fund manager
Paul Murray-John
since 31/08/2004
Fund objective
The aim of the Fund is to provide income with the potential to grow the amount you invested. The Fund invests at least two-thirds of its assets in bonds (which are similar to a loan and pay a fixed or variable interest rate) issued by companies and governments in emerging markets. The average duration of the bonds the Fund invests in will be five years or less. Duration is the sensitivity of a bond to a change in interest rates. The longer the duration of a bond, the higher its sensitivity to interest rates will be. Where the Fund invests in bonds that are not priced in US Dollars, the Fund may take measures that aim to mitigate the risk of currency movements against the US Dollar. The Fund makes active investment decisions. The Fund may also invest in asset classes and instruments different from those stated above.
Benchmark
No Specified Index
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

4.69 %

1 Year rank in sector

141/236

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 91.1 m

FE Risk score

85

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Others
    40%
  • Mexico
    9.7%
  • Russia
    9.3%
  • Argentina
    6.4%
  • Indonesia
    5.8%
  • Government Bonds
    41.5%
  • Energy
    16.6%
  • Banks
    11.6%
  • Local Government Bonds
    6.7%
  • Utilities
    6.4%
  • Global Fixed Interest
    40%
  • European Emerging Fixed Interest
    9.9%
  • Mexican Fixed Interest
    9.7%
  • Russian Fixed Interest
    9.3%
  • American Emerging Fixed Interest
    6.4%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.58 %3.45 %4.69 %9.63 %13.79 %
Sector0.7 %4.17 %5.56 %5.86 %6.1 %
Rank within sector168 / 252174 / 243141 / 236104 / 19659 / 120
Quartile th3 rd3 rd3 rd3 rd2 nd

Calendar performance

YTD-20172016201520142013
Fund6.03 %7.74 %0.79 %-1.63 %-2.78 %
Sector8.58 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector179 / 242164 / 22638 / 207113 / 17027 / 129
Quartile th3 rd3 rd1 st3 rd1 st

Risk statistics

Alpha1.93
Beta0.58
Sharpe-0
Volatility4.71
Tracking error3.72
Information ratio0.39
R-Squared0.79

Price movement

52 week high17.44
52 week low16.11
Current bid price0
Current offer price0
Current mid price17.41

Holdings by region

  • 40% Others
  • 9.7% Mexico
  • 9.3% Russia
  • 6.4% Argentina
  • 5.8% Indonesia
  • 5.1% Croatia
  • 5% China
  • 4.8% Serbia
  • 4.4% Brazil
  • 4.2% Kazakhstan

Holdings by sector

  • 41.5% Government Bonds
  • 16.6% Energy
  • 11.6% Banks
  • 6.7% Local Government Bonds
  • 6.4% Utilities
  • 5.2% Derivatives
  • 3.9% Basic Industries
  • 3.6% Government Agency Bonds
  • 1.6% Financial Services
  • 1.5% Transport

Holdings by asset type

  • 40% Global Fixed Interest
  • 9.9% European Emerging Fixed Interest
  • 9.7% Mexican Fixed Interest
  • 9.3% Russian Fixed Interest
  • 6.4% American Emerging Fixed Interest
  • 5.8% Indonesian Fixed Interest
  • 5% Chinese Fixed Interest
  • 4.4% Brazilian Fixed Interest
  • 4.2% Kazakhstan Fixed Interest
  • 4.1% Asia Pacific Emerging Fixed Interest

Individual holdings

  • 2.8% SERBIA(REPUBLIC OF) 4.875% NTS 25/02/20 USD200000 144A
  • 2.5% BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/21 BRL1000
  • 2.5% NATIONAL SAVINGS BANK 8.875% BDS 18/09/18 USD1000 144A
  • 2.5% PETROLEOS MEXICANOS 4.88% 24/01/2022
  • 2.4% PETROLEOS MEXICANOS 3.5% BDS 30/01/23 USD10000 144A
  • 2.4% VNESHECONOMBANK VIA VEB FINANCE PLC 6.90% 09/07/2020
  • 2.3% INDONESIA(REPUBLIC OF) 3.75% BDS 25/04/22 USD200000 REG S
  • 2.1% GOV OF EGYPT 6.13% 31/01/2022
  • 2% GOV OF INDONESIA 3.40% 29/03/2022
  • 2% SERBIA(REPUBLIC OF) 7.25% BDS 28/09/21 USD1000 144A