First State Emerg Mkts Bd B Hdg Acc GBP (FUND:B6R3H57) - Fund price - Overview

Fund Report

First State Emerging Markets Bond Fund Class B Hedged (Accumulation) GBP

Key Stats
Morningstar® CategoryOther Bond
Manager Name-
Inception Date28/12/2012
NAV 20/04/2018GBX 115.98
Day Change-0.26%
12 Month Yield5.60%
Dividend FrequencySemi-Annually
Net Assets (mil) 31/03/201875.78 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost1.00%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

No Rating

No Rating

Sustainability Rating as of -


Fund Benchmark

JPM EMBI Global Diversified Hedge GBP TR

Morningstar® Benchmark

Not Categorized

Growth Of 10,000 (GBP) 31/03/2018

How has this security performed
  • Fund: First State Emerging Markets Bond Fund Class B Hedged (Accumulation) GBP
  • Category: Other Bond
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 20/04/2018
3 Years Annualised3.25
5 Years Annualised2.89
10 Years Annualised-

Morningstar SRRI

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

Investment Objective

The Fund aims to achieve an investment return from income and capital appreciation. The Fund primarily invests in debt securities issued or guaranteed by governments, financial institutions or companies in Emerging Markets. The Fund may also invest in securities which are economically linked to Emerging Markets. The majority of the Fund will be invested in debt securities denominated in US dollars. The Fund will invest at least 80 per cent of its net assets in bonds and other debt securities issued or guaranteed by governments of Emerging Markets or their agencies, and by companies established or having significant operations in Emerging Markets. The Fund may invest in investment grade, non-investment grade and unrated debt securities. The Fund may hold more than 30 per cent of its net assets in debt securities rated below investment grade.

Portfolio Profile31/03/2018

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%
Government Related12.67
Corporate Bond11.44
Cash & Equivalents3.01
Top Holdings
IncreaseDecreaseNew since last portfolio
Serbia (Republic Of) 4.875% SNR PIDI NTS 25/02/2020 USD (REGS) 2020-02-25Serbia3.54
Russian Federation 4.875% UNSUB PIDI BDS 16/09/2023 USD (REGS) 2023-09-16Russian Federation2.98
Lebanese Republic 5.45% UNSUB GMTN 28/11/2019 USD (REGS) (60) 2019-11-28Lebanon1.43
Republic of Panama 4% SNR PIDI BDS 22/09/2024 USD (SEC REGD) 2024-09-22Panama1.35
Argentina (Republic of) 6.875% SNR PIDI BDS 11/01/2048 USD (SEC REGD) 2048-01-11Argentina1.35
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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