EN United Kingdom Professional Investor

Barings Emerging Markets Corporate Bond Fund

ISIN:IE00BKZGJZ06

Fund Size
as of 30/11/2019
$ 55.50 Million
Number of Issuers
as of 30/11/2019
104 issuers
Yield to Worst
as of 30/11/2019
7.54%
Weighted Average Duration
as of 30/11/2019
4.88 yrs
Option Adjusted Spread
as of 30/11/2019
6.04%
IG / HY Split
as of 30/11/2019
28.00% Investment Grade
72.00% High Yield

Fund Facts

Fund Type UCITS
Inception Date 16/04/2014
Domicile Ireland
Asset Class Emerging Markets
Morningstar Category Emerging Markets
Distributions Quarterly
Dealing Frequency Daily

Share Class Info

Share Class E
ISIN IE00BKZGJZ06
Currency EUR
Accumulating / Distributing Accumulating
Admin., Depository & Operating Expenses Capped at 20 bps per annum
Management Charges 1.20%

Objective

The Barings Emerging Markets Corporate Bond Fund is actively managed strategy seeking to provide high level of total return consisting of both income and capital appreciation.

Strategy

The Fund aims to achieve its investment objective by investing in a diversified portfolio of hard currency investment grade bonds as well as in high yield senior, subordinated, unsecured and secured bonds issued by EM companies.

Who Should Invest

The Fund is designed for investors seeking a strategy that targets maximum total return as well as capital preservation and prudent investment management, with a focus on investing in a diversified portfolio of EM hard currency corporate debt.

Risks

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 as of 30/11/2019

Credit Rating

Ba2 / BB

Number of Issuers

104 issuers

Regional Composition - Bonds

Credit Quality

Top 5 Countries

Country % of Assets
CHINA 14.72%
MEXICO 12.36%
BRAZIL 7.91%
TURKEY 6.59%
ARGENTINA 5.60%
Total 47.18%

Top 5 Sectors

Holding % of Assets
FINANCIAL 31.14%
REAL ESTATE 12.09%
OIL & GAS 11.69%
UTILITIES 9.69%
CONSUMER 7.07%
Total 71.68%

Top 10 Holdings

Holding % of Assets
PEMEX PROJECT FUNDING MASTER TRUST 3.77%
KAISA GROUP HOLDINGS LTD. 3.73%
PETROBRAS GLOBAL FINANCE B.V. 2.42%
TBC BANK JSC 2.42%
TURKIYE VAKIFLAR BANKASI TAO 2.33%
BHARTI AIRTEL INTERNATIONAL (NETHERLANDS) B.V. 2.07%
C&W SENIOR FINANCING DESIGNATED ACTIVITY CO 1.95%
CIFI HOLDINGS (GROUP) CO. LTD. 1.93%
SOVCOMBANK VIA SOVCOM CAPITAL DAC 1.63%
PAMPA ENERGIA SA 1.48%
Total 23.73%

Portfolio Managers

Omotunde Lawal, CFA

Omotunde Lawal, CFA

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