Fact sheet: Threadneedle EmgMktLcl

Fund information

Fund name
Threadneedle Emerging Market Local Z Inc GBP
Fund company manager
Threadneedle Inv Services Ltd
Fund type
OIC
Fund manager
Richard House
since 14/01/2008
Fund objective
The aim of the Fund is to provide income with the potential to grow the amount you invested. At least two-thirds of the Fund's assets will be in long and short positions in currencies of emerging markets and bonds (which are similar to a loan and pay a fixed or variable interest rate) issued by companies and/or governments in emerging markets or companies that have significant operations in emerging markets. The Fund invests directly in these assets or by using derivatives. Derivatives are sophisticated investment instruments linked to the rise and fall of the price of other assets. Derivatives will be used to obtain, increase or reduce exposure to underlying assets and may create gearing. Where gearing is created, the net asset value of the Fund may experience more fluctuation than if there were no gearing. The Fund will also use derivatives for short selling (which is designed to make a profit from falling prices). At times the portfolio may be concentrated in any one or a combination of such assets. The Fund may also invest in asset classes and instruments different from those stated above.
Benchmark
JPM GBI EM Global Diversified Composite Index
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

25.59 %

1 Year rank in sector

6/12

Sector

UT Global Emerging Markets Bond

Yield

7

Fund size

£ 74.6 m

FE Risk score

107

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund2.88 %6.66 %25.59 %15.63 %8.26 %
Sector2.38 %5.38 %21.14 %26.71 %27.71 %
Rank within sector4 / 134 / 126 / 128 / 116 / 6
Quartile th2 nd2 nd2 nd3 rd4 th

Calendar performance

YTD-20172016201520142013
Fund6.49 %29.67 %-12.18 %-2.05 %-13.86 %
Sector5.3 %24.87 %-4.21 %4.26 %-9.56 %
Rank within sector5 / 127 / 1110 / 119 / 109 / 10
Quartile th2 nd3 rd4 th4 th4 th

Risk statistics

Alpha-4.83
Beta1.32
Sharpe0.02
Volatility14.48
Tracking error4.48
Information ratio-0.66
R-Squared0.96

Price movement

52 week high88.41
52 week low74.09
Current bid price0
Current offer price0
Current mid price83.43

Holdings by region

-

Holdings by sector

-

Holdings by asset type

-

Individual holdings

  • 6.1% BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/21 BRL1000
  • 5.4% BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/23 BRL1000
  • 4.2% BRAZIL(FEDERATIVE REPUBLIC OF) 0% TB 01/07/20 BRL1000
  • 3.9% PERU(REPUBLIC OF) 8.2% BDS 12/08/26 PEN1000
  • 3.6% COLOMBIA(REPUBLIC OF) 4.375% GBL BDS 21/03/23 COP5000000
  • 3.4% RUSSIAN FEDERATION MINISTRY FINANCE 7.05% BDS 19/01/28 RUB1000
  • 3% INDONESIA(REPUBLIC OF) 8.375% BDS 15/09/26 IDR1000
  • 2.9% SOUTH AFRICA(REPUBLIC OF) 10.5% BDS 21/12/2026 ZAR1(186)
  • 2.7% COLOMBIA(REPUBLIC OF) 9.85% BDS 28/06/27 COP5000
  • 2.7% RUSSIAN FEDERATION MINISTRY FINANCE 7.5% BDS 18/08/21 RUB1000