Threadneedle EM Local Z Inc GBP (FUND:B88S829) - Fund price - Overview

Fund Report

Threadneedle Emerging Market Local Fund Z Income GBP

Key Stats
Morningstar® CategoryGlobal Emerging Markets Bond - Local Currency
Manager NameHenry Stipp
Inception Date15/10/2012
NAV 26/05/2017GBP 0.82
Day Change0.85%
12 Month Yield6.60%
ISINGB00B88S8291
SEDOLB88S829
Dividend FrequencySemi-Annually
Net Assets (mil) 30/04/201773.72 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 Charge0.88%
AMC0.60%
Fund Rebate0.05%

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) 30/04/2017

How has this security performed
20132014201520162017
Fund-13.87-2.05-12.1829.673.00
Category-11.05-0.93-10.3829.322.90
Benchmark-10.670.15-9.9931.142.91
  • Fund: Threadneedle Emerging Market Local Fund Z Income GBP
  • Category: Global Emerging Markets Bond - Local Currency
  • Benchmark: JPM GBI-EM Global Diversified TR USD
Trailing Returns % (GBP) 26/05/2017
FundCatBmark
YTD5.455.786.18
3 Years Annualised4.125.456.58
5 Years Annualised1.832.864.13
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 Profile30/04/2017

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds84.670.0084.67
Cash58.7143.2615.46
Other0.090.21-0.13
Top Fixed Income Sectors
Fixed Income Sector%
Government83.05
Cash & Equivalents16.47
Corporate Bond0.48
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Brazil Federative Rep 10% 2021-01-01Brazil5.96
Secretaria Tesouro Nacl 10% 2023-01-01Brazil5.26
Brazil Federative Rep 2020-07-01Brazil4.13
Peru Rep 8.2% 2026-08-12Peru3.98
Russian Federation 7.05% 2028-01-19Russian Federation3.59
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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