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 24/05/2018GBP 0.74
Day Change0.41%
12 Month Yield6.91%
Dividend FrequencySemi-Annually
Net Assets (mil) 30/04/201887.98 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 Cost0.81%
Fund Rebate0.05%

Morningstar Rating™

4 Stars

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) 30/04/2018

How has this security performed
  • 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) 24/05/2018
3 Years Annualised5.825.817.01
5 Years Annualised-1.45-0.980.08
10 Years Annualised4.004.706.83

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 Profile30/04/2018

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%
Cash & Equivalents9.37
Corporate Bond7.64
Government Related0.76
Top Holdings
IncreaseDecreaseNew since last portfolio
Brazil (Federative Republic) 10% 2023-01-01Brazil5.00
Secretaria Tesouro Nacional 10% 2025-01-01Brazil4.36
Secretaria Tesouro Nacional 10% 2027-01-01Brazil3.95
Republic of South Africa 8.5% 2037-01-31South Africa3.75
Republic of Colombia 9.85% 2027-06-28Colombia3.44
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