ETFS Lombard Odier IM EM Lcl GvtBdFdm GO EUR (LSE:LOCE) - Overview

ETF Report

ETFS Lombard Odier IM Emerging Market Local Government Bond Fundamental GO UCITS ETF (EUR) LOCE

Closing Price
EUR9.64

1 Day Change
0.06|0.67%

As of 09/12/2016

Last Close9.64
52-Wk Range8.80 - 9.94
Yield %-
ISINIE00BSVYHP04
Volume1,541
Premium %0.07

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

HowHasThisSecurityPerformed
20122013201420152016
Fund----4.85
Category----8.78
Benchmark----10.51
  • Fund: ETFS Lombard Odier IM Emerging Market Local Government Bond Fundamental GO UCITS ETF (EUR)
  • Category: Global Emerging Markets Bond - Local Currency
  • Benchmark: JPM GBI-EM Global Diversified TR USD
Trailing Returns % (EUR) 09/12/2016
FundCatBmark
YTD6.2410.7312.60
3 Years Annualised---
5 Years Annualised---
10 Years Annualised---
Key Stats
Morningstar® CategoryGlobal Emerging Markets Bond - Local Currency
ISINIE00BSVYHP04
NAV 09/12/2016EUR 9.64
Day Change0.67%
12 Month Yield-
Dividend FrequencyAnnually
Net Assets (mil) 09/12/2016228.54 USD
Total Expense Ratio0.55%
Initial Charge-
Exit Charge-
Manager Name-
Inception Date25/08/2015

Morningstar Rating™

Not Rated

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Benchmarks

Fund Benchmark

LOIM Fundamental EM Local Ccy GR USD

Morningstar® Benchmark

JPM GBI-EM Global Diversified TR USD

Investment Objective

The investment objective of the ETFS Lombard Odier IM Emerging Market Local Government Bond Fundamental GO UCITS ETF (the "Fund") is to track the LOIM Fundamental EM Local Currency Index (the "Index"). The Index provides long-only exposure to the debt of emerging markets and developing countries*, whose weights are determined according to Lombard Odier Investment Management (LOIM) proprietary fundamental weighting methodology, which uses fundamental factors to assess issuers’ creditworthiness and identify those believed to be best placed to repay their debt. The approach is an alternative to traditional market-cap investing which over-weights those issuers with the greatest level of outstanding debt. This approach aims to better diversify portfolio risk as well as improve the risk-adjusted returns (the Sharpe ratio).

Portfolio Profile09/12/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds98.200.0098.20
Cash0.280.000.28
Other1.520.001.52
Top Fixed Income Sectors
Fixed Income Sector%
GlobalBondSectorBreakdown_101095.43
GlobalBondSectorBreakdown_10202.95
GlobalBondSectorBreakdown_30301.33
GlobalBondSectorBreakdown_50100.28
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Philippines Rep 6.25% 2036-01-14Philippines2.59
IncreasePhilippines Rep 4.95% 2021-01-15Philippines2.04
Thailand(Kingdom) 3.875% 2019-06-13Thailand1.36
Philippines Rep 3.9% 2022-11-26Philippines1.31
Thailand(Kingdom) 3.65% 2021-12-17Thailand1.31
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 Trafford House, Chester Road, Manchester M32 0RS. 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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