Emerging Market Local Currency Debt Fund B Acc Hedged EUR

Retail ISIN: LU1974806025

Price (EUR)
10.6570
Daily change
Up 0.05 (0.47%)
 
 
Change date
15/07/2019

Introduction

The fund aims to provide a return over the longer term from a combination of income, capital appreciation and foreign currency appreciation. The fund will achieve this by investing primarily in bond securities and emerging market currencies. The majority of bonds will be denominated in local currency and issued or guaranteed by governments, financial institutions or companies in emerging markets.The fund is actively managed by our investment team, who will select bonds, currencies and who may invest a proportion of the fund's assets in other bonds and/or money market instruments to try to take advantage of opportunities they have identified. Past performance is not a guide to future returns and future returns are not guaranteed. The price of assets and the income from them may go down as well as up and cannot be guaranteed; an investor may receive back less than their original investment. The fund may use derivatives to reduce risk or cost, or to generate additional capital or income at low risk, or to meet its investment objective. Usage of derivatives is monitored to ensure that the fund is not exposed to excessive or unintended risks. The value of assets held within the fund may rise and fall as a result of exchange rate fluctuations.

Fund management

Kieran Curtis

Kieran Curtis

Prior to joining Standard Life Investments in 2013, Kieran was a portfolio manager and Head of Local Currency Bonds at Aviva Investors. Kieran started as a trainee fund manager at Invesco UK, before moving to Standard Bank and then Invesco Asset Management. He has a master’s degree in Biochemistry from the University of Oxford.

Performance

Note: This fund/share class has been available for less than one year, therefore no past performance has been shown.

In depth

Investment objective

The fund aims to provide a return over the longer term from a combination of income, capital appreciation and foreign currency appreciation. The fund will achieve this by investing primarily in bond securities and emerging market currencies. The majority of bonds will be denominated in local currency and issued or guaranteed by governments, financial institutions or companies in emerging markets.The fund is actively managed by our investment team, who will select bonds, currencies and who may invest a proportion of the fund's assets in other bonds and/or money market instruments to try to take advantage of opportunities they have identified. Past performance is not a guide to future returns and future returns are not guaranteed. The price of assets and the income from them may go down as well as up and cannot be guaranteed; an investor may receive back less than their original investment. The fund may use derivatives to reduce risk or cost, or to generate additional capital or income at low risk, or to meet its investment objective. Usage of derivatives is monitored to ensure that the fund is not exposed to excessive or unintended risks. The value of assets held within the fund may rise and fall as a result of exchange rate fluctuations.

Key information

ManagerKieran Curtis
Launch date19 Jun 2013
Fund currencyUSD
BenchmarkJPMorgan GBI-EM Global Diversified Index
Codes
ISIN:
LU1974806025
Bloomberg:
SLICDBA LX
Citicode:
Q9RH
Charges (%)
Annual management charge:
0.700
Risk and Reward
Min value of holdings
Min holding:
$500,000
Min initial investment:
$1,000,000

Performance

Note: This fund/share class has been available for less than one year, therefore no past performance has been shown.

Fund price detailsDownload
DatePrice

The value of an investment can fall as well as rise and is not guaranteed - you may get back less than you put in. Past performance is not a guide to future performance.

These historic unit prices are provided by FE, and are for information purposes only. Standard Life Investments is not responsible for the accuracy or completeness of information supplied by FE.

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