Payden Global Emerging Markets Bond Fund EUR Acc/  IE00B04NLM33  /

Fonds
NAV2024-07-19 Chg.-0.0488 Type of yield Investment Focus Investment company
18.9022EUR -0.26% reinvestment Bonds Emerging Markets Payden & Rygel 

Investment strategy

The Fund seeks to achieve income and growth primarily through investment in debt securities of governments, government agencies, supranationals and corporates, who are based in the emerging markets of Latin America, Asia and Europe. The Fund may also invest in money-market securities and mortgage-backed and asset-backed securities. The investment manager will actively select, purchase and sell securities with the aim of meeting the investment objectives of the Fund. The Fund will invest primarily in debt securities issued by corporations. The Fund may also invest in government securities, quasi-government entities and money-market securities. The Fund may use derivatives with the aim of managing interest rate and currency risk more efficiently. The Fund may also use derivatives for both hedging purposes and for taking investment positions. These may include short positions where the Fund seeks to benefit from the sale of an asset that it does not physically own.
 

Investment goal

The Fund seeks to achieve income and growth primarily through investment in debt securities of governments, government agencies, supranationals and corporates, who are based in the emerging markets of Latin America, Asia and Europe. The Fund may also invest in money-market securities and mortgage-backed and asset-backed securities.
 

Master data

Type of yield: reinvestment
Funds Category: Bonds
Region: Emerging Markets
Branch: Bonds: Mixed
Benchmark: 70% JPM EMBI GLOBAL DIVERSIFIED BOND INDEX/30% JPM GBI-EM GLOBAL DIVERSIFIED USD UNHEDGED, HEDGED TO EUR
Business year start: 01-01
Last Distribution: -
Depository bank: Brown Brothers Harriman Trustee Services
Fund domicile: Ireland
Distribution permission: Austria, Germany, Switzerland
Fund manager: Ceva, Hovsepian, Milev
Fund volume: 163.22 mill.  USD
Launch date: 2008-02-07
Investment focus: -

Conditions

Issue surcharge: 0.00%
Max. Administration Fee: 0.50%
Minimum investment: 1,000,000.00 EUR
Deposit fees: -
Redemption charge: 0.00%
Key Investor Information: Download (Print version)
 

Investment company

Funds company: Payden & Rygel
Address: 333 South Grand Avenue, 90071, Los Angeles
Country: United States of America
Internet: www.payden.com/