Threadneedle Emerg Markt Local ZGA Acc (FUND:B80NJR4) - Overview

Fund Report

Threadneedle Specialist Investment Funds - Threadneedle Emerging Market Local Fund ZGA Acc

Key Stats
Morningstar® CategoryGlobal Emerging Markets Bond - Local Currency
Manager NameHenry Stipp
Inception Date15/10/2012
NAV 02/12/2016GBX 98.27
Day Change-0.88%
12 Month Yield6.92%
ISINGB00B80NJR42
SEDOLB80NJR4
Dividend FrequencySemi-Annually
Net Assets (mil) 31/10/201680.26 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
Fund Ongoing Charge0.91%
AMC0.60%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_2

Benchmarks

Fund Benchmark

JPM GBI-EM Global Diversified TR USD

Morningstar® Benchmark

JPM GBI-EM Global Diversified TR USD

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
20122013201420152016
Fund7.07-13.66-1.95-13.2025.79
Category9.84-11.05-0.93-10.3825.02
Benchmark11.63-10.670.15-9.9927.31
  • Fund: Threadneedle Specialist Investment Funds - Threadneedle Emerging Market Local Fund ZGA Acc
  • Category: Global Emerging Markets Bond - Local Currency
  • Benchmark: JPM GBI-EM Global Diversified TR USD
Trailing Returns % (GBP) 02/12/2016
FundCatBmark
YTD22.9622.8624.54
3 Years Annualised1.222.143.33
5 Years Annualised-0.840.721.97
10 Years Annualised---

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 Profile31/10/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds97.220.0097.22
Cash37.9435.082.86
Other0.090.17-0.08
Top Fixed Income Sectors
Fixed Income Sector%
Government87.76
Corporate Bond7.57
Cash & Equivalents3.89
Municipal (Taxable)0.78
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Colombia(Rep Of) 9.85% 2027-06-28Colombia6.81
Brazil Federative Rep 10% 2021-01-01Brazil5.14
Brazil Federative Rep 10% 2025-01-01Brazil4.23
Peru Rep 6.95% 2031-08-12Peru4.02
Colombia Rep 4.375% 2023-03-21Colombia3.28
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