EMERGING MARKETS BOND HARD CURRENCY FAM FUND
ISIN
IE00BFXY4B27
NAV Price
100.865
1 Day %
-0.0654
YTD %
1.3719
NAV Date
2024-05-13
NAV Currency
EUR
Launch Date
2018-08-24
Share Class
Accumulation
Objective & Strategy
The Sub-Fund seeks to achieve its investment objective by investing predominantly in bonds issued by emerging market governments and in bonds of corporates who are predominantly active in emerging markets. The Investment Manager selects the Sub-Fund’s investments using an active management approach with investments based on a forward-looking assessment of global drivers and local idiosyncrasies. The Investment Manager focuses on global and local market intelligence with strong regional coverage. The Sub-Fund may invest materially in asset-backed securities (ABS), mortgage-backed securities (MBS), collateralised debt obligations (CDO), covertible bonds and non-investment grade securities. The bond investments are fixed and floating-rate and may be issued by governments or corporates worldwide. The Sub-Fund invests materially and may invest predominantly in below investment grade bonds. Benchmark Information: The Sub-fund is actively managed. The Investment Manager, considering the degree of representativeness of the underlying markets and their liquidity, strategically selects a benchmark (the “Benchmark”) appropriate to the Sub-Fund’s investment policies, which is used as i) performance comparison and ii) basis for the value-at risk (“VaR”) calculations. The selected Benchmark is JP Morgan EMBI Global Diversified Index (EUR). The Sub-fund does not aim to track or replicate the performance of the Benchmark and therefore investors should be aware that the Sub-fund may underperform the Benchmark. There can be no guarantee that the investment objective will actually be attained and investors are explicitly warned that this Sub-Fund is not a capital guaranteed product. Investors can redeem their Shares on any business day in Luxembourg. Investors can ask for full or partial redemption of the Shares held. Recommended for retail investors
■ With a basic knowledge of investing in funds and no or limited experience of investing in the Sub-Fund or similar funds
■ Who understand the risk of losing some or all of the capital invested
■ Seeking to increase the value of their investment and provide income over the recommended holding period of 4 years This is a non-distributing unit class. Investment income is re-invested. Investors may sell on demand on any business day in Luxembourg.