Capital Group Emerging Markets Local Currency Debt Fund (LUX) Z (GBP)

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Performance History31/03/2024
Growth of 1,000 (GBP) Advanced Graph
Capital Group Emerging Markets Local Currency Debt Fund (LUX) Z (GBP)
Fund1.8-4.90.29.6-1.2
+/-Cat2.32.3-1.33.2-0.2
+/-B’mrk2.33.00.83.30.1
 
Key Stats
NAV
19/04/2024
 GBP 9.39
Day Change 0.75%
Morningstar Category™ Global Emerging Markets Bond - Local Currency
IA (formerly IMA) Sector Global Emerging Markets Bond - Local Currency
ISIN LU0815115190
Fund Size (Mil)
19/04/2024
 USD 1605.59
Share Class Size (Mil)
19/04/2024
 USD 144.83
Max Initial Charge 5.25%
Ongoing Charge
29/02/2024
  0.90%
Morningstar Research
Analyst Report22/11/2023
Elbie Louw, Senior Analyst
Morningstar, Inc

The Capital Group Emerging Markets Local Debt strategy benefits from an experienced trio of managers plying complementary investment approaches and backed by a robust research team. It earns a Morningstar Analyst Rating of Silver for the cheapest...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent25
Process24
Performance
Price
Investment Objective: Capital Group Emerging Markets Local Currency Debt Fund (LUX) Z (GBP)
To provide, over the long term, a high level of total return, of which a large component is current income. The Fund invests primarily in government and corporate Bonds, denominated in the local currencies of issuers in Eligible Investment Countries. Securities of Emerging Markets issuers are defined as those: (1) from issuers in Emerging Markets; (2) that are denominated in Emerging Markets currencies; or (3) that are from issuers deemed to be suitable for the Fund because they have or are expected to have significant economic exposure to Emerging Markets (through assets, revenues, or profits).
Returns
Trailing Returns (GBP)19/04/2024
YTD-1.68
3 Years Annualised3.25
5 Years Annualised2.18
10 Years Annualised3.51
12 Month Yield -
Management
Manager Name
Start Date
Luis Freitas de Oliveira
01/08/2020
Kirstie Spence
01/08/2011
Click here to see others
Inception Date
25/04/2013
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
JPM GBI-EM Global Diversified TR USDJPM GBI-EM Global Diversified TR USD
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeYes
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Capital Group Emerging Markets Local Currency Debt Fund (LUX) Z (GBP)31/03/2024
Fixed Income
Effective Maturity9.15
Effective Duration6.02
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond88.330.0088.33
Property0.000.000.00
Cash9.630.009.63
Other0.000.000.00

Related

* This share class has performance data calculated prior to the inception date, 2013-04-25. This is based upon a simulated/extended track record and is in accordance with Morningstar’s Extended Performance Methodology paper. To find out more about this, click here.
In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)
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