Threadneedle EM Local Z Grs Acc GBP (FUND:B80NJR4) - Fund price - Overview

Fund Report

Threadneedle Emerging Market Local Fund Z Gross Accumulation GBP

Key Stats
Morningstar® CategoryGlobal Emerging Markets Bond - Local Currency
Manager NameHenry Stipp
Inception Date15/10/2012
NAV 22/01/2019GBP 1.10
Day Change-0.26%
12 Month Yield7.17%
ISINGB00B80NJR42
SEDOLB80NJR4
Dividend FrequencySemi-Annually
Net Assets (mil) 31/12/201875.22 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 Cost0.82%
AMC0.60%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

JPM GBI-EM Global Diversified TR USD

Morningstar® Benchmark

JPM GBI-EM Global Diversified TR USD

Growth Of 10,000 (GBP) 31/12/2018

How has this security performed
201320142015201620172018
Fund-13.66-1.95-13.2030.155.38-1.49
Category-11.05-0.93-10.3829.324.44-2.43
Benchmark-10.670.15-9.9931.145.24-0.38
  • Fund: Threadneedle Emerging Market Local Fund Z Gross Accumulation GBP
  • Category: Global Emerging Markets Bond - Local Currency
  • Benchmark: JPM GBI-EM Global Diversified TR USD
Trailing Returns % (GBP) 22/01/2019
FundCatBmark
YTD1.490.520.42
3 Years Annualised10.7310.0211.14
5 Years Annualised3.533.734.86
10 Years Annualised1.753.424.73

Morningstar SRRI

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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 Profile31/12/2018

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds89.660.3589.31
Cash50.8140.1310.68
Other0.000.000.00
Top Fixed Income Sectors
Fixed Income Sector%
Government83.11
Cash & Equivalents10.68
Corporate Bond4.09
Government Related2.12
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
IncreaseRepublic of Colombia 9.85% 2027-06-28Colombia8.48
Secretaria Tesouro Nacional 10% 2027-01-01Brazil4.09
Romania (Republic Of) 5.8% 2027-07-26Romania3.41
Secretaria Tesouro Nacional 10% 2025-01-01Brazil3.32
Turkey (Republic of) 11% 2027-02-24Turkey3.24
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