Pictet-Latin Amer Lcl Ccy Dbt I GBP (FUND:B96TPS6) - Fund price


Fund Report

Pictet-Latin American Local Currency Debt I GBP

Key Stats
Morningstar® CategoryOther Bond
Manager Name-
Inception Date14/12/2012
NAV 15/07/2019GBP 118.85
Day Change0.63%
12 Month Yield0.00%
ISINLU0859266321
SEDOLB96TPS6
Dividend Frequency-
Net Assets (mil) 30/06/2019206.95 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time13:15:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge1.00%
Custody ChargeYes
Ongoing Cost0.94%
AMC1.05%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

JPM GBI-EM Global Latin America TR USD

Morningstar® Benchmark

Not Categorized

Growth Of 10,000 (GBP) 30/06/2019

How has this security performed
201420152016201720182019
Fund3.07-18.1241.171.211.6210.16
  • Fund: Pictet-Latin American Local Currency Debt I GBP
  • Category: Other Bond
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 15/07/2019
Fund
YTD14.63
3 Years Annualised7.76
5 Years Annualised5.39
10 Years Annualised5.34

Morningstar SRRI

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

Investment Objective

The fund aims to achieve its investment objective by investing a minimum of two-thirds of its total assets or wealth in a diversified portfolio of bonds and other debt securities linked to Latin American local emerging debt. Emerging countries in Latin America are defined as those considered, at the time of investing, as industrially developing countries by the International Monetary Fund, the World Bank, the International Finance Corporation (IFC) or one of the leading investment banks. These countries include, amongst others, Brazil. The fund may invest more than 10% and up to 65% of its net asset value in securities issued or guaranteed by a single country (including its government, a public or local authority of that country) with a credit rating below investment grade (such as Brazil and Argentina).

Portfolio Profile30/06/2019

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds145.1753.6291.55
Cash211.19202.748.45
Other0.000.000.00
Top Fixed Income Sectors
Fixed Income Sector%
Government94.15
Cash & Equivalents4.95
Future/Forward3.40
Swap0.06
Corporate Bond0.02
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
New since last portfolio90day Euro Futr Dec19 2019-12-16United States25.09
New since last portfolioIrs Jpm Mxn Mxibtiie 14.09.2022_Receive 2022-09-14Mexico11.05
New since last portfolioIrs Jpm Mxn Mxibtiie 11.09.2024_Receive 2024-09-11Mexico9.93
DecreaseBrazil (Federative Republic) 10% 2023-01-01Brazil9.11
DecreaseBrazil (Federative Republic) 10% 2021-01-01Brazil6.20
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) 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. See website for full details. 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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