Threadneedle EM Local Ins Grs Acc GBP (FUND:B2B3X35) - Fund price - Overview

Fund Report

Threadneedle Emerging Market Local Fund Institutional Gross Accumulation GBP

Key Stats
Morningstar® CategoryGlobal Emerging Markets Bond - Local Currency
Manager NameHenry Stipp
Inception Date14/01/2008
NAV 25/04/2019GBP 1.76
Day Change-0.64%
12 Month Yield7.18%
Dividend FrequencySemi-Annually
Net Assets (mil) 31/03/201977.85 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time12:00
Regular InvestmentYes
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost1.63%
Fund Rebate-

Morningstar Rating™


Morningstar Sustainability Rating

No Rating

No Rating

Sustainability Rating as of -


Fund Benchmark

JPM GBI-EM Global Diversified TR USD

Morningstar® Benchmark

JPM GBI-EM Global Diversified TR USD

Growth Of 10,000 (GBP) 31/03/2019

How has this security performed
  • Fund: Threadneedle Emerging Market Local Fund Institutional Gross Accumulation GBP
  • Category: Global Emerging Markets Bond - Local Currency
  • Benchmark: JPM GBI-EM Global Diversified TR USD
Trailing Returns % (GBP) 25/04/2019
3 Years Annualised6.725.826.77
5 Years Annualised3.103.514.49
10 Years Annualised2.353.674.99

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The investment objective of the Emerging Market Local Fund is to achieve a total return primarily by way of income with some capital growth. The ACD’s investment policy is to actively manage an exposure primarily in emerging market local currencies and emerging market local currency debt issued by governments in Emerging Markets and/or companies which are domiciled or have significant operations in an Emerging Market. Emerging markets countries are those characterised as developing or emerging by the MSCI Emerging Markets Free Index or those not listed in the OECD country list. The ACD will invest the total assets of the Fund in local currency government bonds and treasury bills, corporate bonds issued in local currency, cash or near cash, securitised notes, foreign exchange forward transactions, and other type of derivatives. At times the portfolio may be concentrated in any one or a combination of such assets.

Portfolio Profile31/03/2019

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Fixed Income Sectors
Fixed Income Sector%
Cash & Equivalents22.75
Corporate Bond2.22
Government Related1.15
Top Holdings
IncreaseDecreaseNew since last portfolio
Republic of Colombia 9.85% 2027-06-28Colombia6.27
The Republic of Peru 6.95% 2031-08-12Peru5.65
Brazil (Federative Republic) 10% 2023-01-01Brazil3.47
IncreaseIndonesia (Republic of) 7% 2027-05-15Indonesia3.26
Republic of South Africa 8% 2030-01-31South Africa3.05
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