Funds and prices
Overview
The actively managed fund invests primarily in hard currency emerging markets government bonds.
Additionally, the fund allows opportunistic exposures to emerging markets corporate bonds and local currencies.
The fund's country, interest rate and currency exposures are actively managed under strict risk control with the aim to benefit from market movements.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
The exchange rate risk between USD and CHF is largely hedged.
Benefits
The fund gives access to a global emerging markets debt portfolio focused on hard currency.
The fund is broadly diversified across selected issuers from various emerging countries, aiming for an optimal risk-to-return profile.
Experienced emerging market investment specialists can allocate the portfolio flexibly to seize investment opportunities whenever they occur.
Risks
Features
Product category |
ÃÛ¶¹ÊÓƵ Emerging Market Funds
Bonds |
Product domicile |
Luxembourg
|
Portfolio management |
ÃÛ¶¹ÊÓƵ Asset Management (Americas) LLC, New York
|
Fund management |
ÃÛ¶¹ÊÓƵ Fund Management (Luxembourg) S.A., Luxembourg
|
Custodian bank |
ÃÛ¶¹ÊÓƵ Europe SE, Luxembourg Branch
|
Representative for products established under foreign law |
ÃÛ¶¹ÊÓƵ AG, Stockholm
|
Day of inception |
April 30, 2010
|
Currency of account |
CHF
|
Close of financial year |
August 31
|
Issue / redemption |
daily
|
Next distribution |
November
|
Maturity |
Open end
|
Management fee |
1.26% p.a.
|
Total expense ratio (TER) |
1.66% p.a.
|
Swing pricing |
yes
|
Minimum investment |
n.a.
|
Reference Index / Benchmark |
JPM EMBI Global Diversified (USD) (CHF hedged)
|
ISIN |
LU0505553213
|
Bloomberg Ticker |
UGECCPD LX
|
Telekurs Id |
n.a.
|
Performance and Prices
Percentage growth
as of April 3, 2024CHF(%) | EUR(%) | SEK(%) | |
YTD | |||
1M | |||
3M | |||
6M | |||
1Y | 9.61 | 11.12 | 13.30 |
2Y | |||
3Y | -13.26 | -1.85 | 10.28 |
5Y | -12.69 | -0.30 | 10.35 |
ø p.a.5Y | -2.68 | -0.06 | 1.99 |
Current data
Net asset value | 03.04.2024 | CHF 50.14 |
High - last 12 months | 28.03.2024 | CHF 50.66 |
Low - last 12 months | 13.11.2023 | CHF 44.78 |
Last distribution | 07.11.2023 | CHF 2.27 |
Assets of the unit class in mn | 03.04.2024 | CHF 2.73 |
Total product assets in mn | 03.04.2024 | CHF 467.22 |
Theoretical yield to maturity (net) | 29.02.2024 | 6.24% |
Modified duration | 29.02.2024 | 7.18 |
Structures
Fees
Distributions
Date of distribution
|
Pay date
|
Cps no.
|
Currency
|
Distribution
|
EU Savings Tax - Tax domicile other EU country
|
02.11.2023 | 07.11.2023 | 14 | CHF | 2.27 | n.a. |
Authorisations
Literature
Document type
|
Document Language
|
|
Prospectus |
|
|
Key Information Document |
|
|
Past performance |
|
|
Previous performance scenario |
|
|
Statutes / Management regulations |
|
|
Document type
|
Document Language
|
Annual report |
|
Semi-annual report |
|