GAM Local Emerging Bd.USD Ca
LU0784394321
GAM Local Emerging Bd.USD Ca/ LU0784394321 /
NAV2024-09-05 |
Chg.+0.2400 |
Type of yield |
Investment Focus |
Investment company |
56.8000USD |
+0.42% |
paying dividend |
Bonds
Emerging Markets
|
GAM (LU) ▶ |
Investment strategy
The aim of the sub-fund ("Fund") is to achieve an above-average return over the long term. For this purpose, the Fund invests in debt securities from borrowers in emerging economies. Emerging economies are those which are in the process of developing into modern industrialised economies and therefore offer a high level of potential but also harbour an increased level of risk.
The Fund invests at least 2/3 of its assets in debt securities which are issued or guaranteed by borrowers from emerging economies. These debt securities are denominated in the local currency or tied to it. The Fund may also invest in debt securities in other currencies or from borrowers in other countries. Because the Fund invests its assets in various currencies, it may hedge against fluctuations vis-à-vis the Fund's base currency. The Fund invests in floating and fixed-rate debt securities. These securities are issued predominantly by governments and quasi-state entities.
Investment goal
The aim of the sub-fund ("Fund") is to achieve an above-average return over the long term. For this purpose, the Fund invests in debt securities from borrowers in emerging economies. Emerging economies are those which are in the process of developing into modern industrialised economies and therefore offer a high level of potential but also harbour an increased level of risk.
Master data
Type of yield: |
paying dividend |
Funds Category: |
Bonds |
Region: |
Emerging Markets |
Branch: |
Bonds: Focus Public Sector |
Benchmark: |
JPM GBI-EM Global Diversified Composite Index |
Business year start: |
07-01 |
Last Distribution: |
2023-11-07 |
Depository bank: |
State Street Bank International GmbH |
Fund domicile: |
Luxembourg |
Distribution permission: |
Austria, Germany, Switzerland, Czech Republic |
Fund manager: |
Paul McNamara, Michael Biggs, Markus Heider |
Fund volume: |
349.13 mill.
USD
|
Launch date: |
2012-07-02 |
Investment focus: |
- |
Conditions
Issue surcharge: |
3.00% |
Max. Administration Fee: |
0.70% |
Minimum investment: |
500,000.00 USD |
Deposit fees: |
- |
Redemption charge: |
2.00% |
Key Investor Information: |
Download (Print version) |
Investment company
Funds company: |
GAM (LU) |
Address: |
Grand-Rue 25, 1661, Luxemburg |
Country: |
Luxembourg |
Internet: |
www.gam.com
|
Countries
Mexico |
|
16.51% |
Czech Republic |
|
11.41% |
South Africa |
|
9.88% |
Brazil |
|
8.45% |
Colombia |
|
7.56% |
Indonesia |
|
7.36% |
Poland |
|
6.65% |
Thailand |
|
4.91% |
Malaysia |
|
4.82% |
China |
|
3.95% |
Cash |
|
3.85% |
United States of America |
|
3.10% |
India |
|
2.01% |
Chile |
|
1.92% |
Peru |
|
1.81% |
Others |
|
5.81% |
Currencies
Mexican Peso |
|
17.29% |
Czech Koruna |
|
11.41% |
South African Rand |
|
10.40% |
Brazilian Real |
|
8.45% |
Colombian Peso |
|
7.56% |
Indonesian Rupiah |
|
7.36% |
Polish Zloty |
|
6.65% |
Thai Baht |
|
4.91% |
Malaysian Ringgit |
|
4.82% |
Chinese Yuan Renminbi |
|
3.95% |
US Dollar |
|
3.10% |
Indian Rupee |
|
2.01% |
Chilean Peso |
|
1.92% |
Peruvian Nuevo Sol |
|
1.81% |
Hungarian Forint |
|
1.57% |
Others |
|
6.79% |