Barings Emerging Markets Local Debt Fund
|Morningstar Category||Emerging Markets|
Share Class Info
|Accumulating / Distributing||Distribution|
|Admin., Depository & Operating Expenses||Capped at 20 bps per annum|
The Barings Emerging Markets Local Debt Fund seeks long-term total return through income and capital appreciation.
The Fund seeks to achieve both capital appreciation and income. The portfolio management team combines quantitative models and macroeconomic analysis with bottom-up sovereign research to identify economic cycles and economic competiveness across a wide range of emerging market countries. The economic cycle is considered to be the key determinant of interest rates and competitiveness the key driver of currencies.
Who Should Invest
The Fund is designed for investors seeking a strategy that targets long-term total return through investment in a diversified portfolio of EM local currency-denominated debt.
The value of investments and the income they provide can fall as well as rise and investors may not get back the amount originally invested. The Fund invests in markets where economic and regulatory risk can be significant. The Fund may hold assets that are not always readily saleable. The Fund may have to lower the selling price, sell other investments or forego another more appealing investment opportunity as a result. The Fund may use derivatives for investment purposes. These are complex instruments that carry the risk of causing increased volatility in the value of the Fund.
The information available on this website is not an offer to sell or an invitation to apply for this product and is by way of information only, nor is the information available on this website intended as an offering of this product to US Persons. Depending on your jurisdiction, you may not have access to this product. Individual investors should contact their financial advisor before investing in this product. The Key Investor Information Document (KIID), if applicable, must be received and read before investing. All other relevant documents relating to the product such as the Report and Accounts and Prospectus should also be read. The information available on this website does not constitute investment, tax, legal or other advice or recommendation.
Portfolio Ab 29/02/2020
Baa1 / BBB+
Number of Issuers
Regional Composition - Currencies
Top Countries vs. Benchmark
Top 10 Holdings
|Holding||% of Assets|
|COLOMBIA, GOVERNMENT OF||10.21%|
|INDONESIA GOVERNMENT INTERNATIONAL BOND||9.31%|
|SOUTH AFRICA, GOVERNMENT OF||7.55%|
|PERU GOVERNMENT BOND||6.66%|
|RUSSIA, GOVERNMENT OF||4.78%|
|ROMANIA GOVERNMENT BOND||4.38%|
|CZECH REPUBLIC GOVERNMENT BOND||4.34%|
|PHILIPPINE GOVERNMENT BOND||3.27%|
Portfolio by Region - Sovereign Bonds
- White Paper Series: Swing Pricing
- Barings Umbrella Fund Prospectus
- Baring Umbrella Fund PLC Annual report - Institutional Investor
- Barings Umbrella Fund PLC Interim Report
- Articles of Incorporation - US English
- Annual Report - US English
- Semi-Annual report - US English
- Country specific prospectus appendix - US English
- Prospectus - US English