Ninety One Emerging Markets Local Currency Debt Fund A Accumulation USD

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Performance History31/03/2024
Growth of 1,000 (GBP) Advanced Graph
Ninety One Emerging Markets Local Currency Debt Fund A Accumulation USD
Fund0.5-7.2-0.46.0-1.4
+/-Cat1.00.0-1.9-0.5-0.4
+/-B’mrk0.90.70.1-0.4-0.2
 
Key Stats
NAV
24/04/2024
 USD 2.63
Day Change 0.45%
Morningstar Category™ Global Emerging Markets Bond - Local Currency
ISIN GB00B24F5R69
Fund Size (Mil)
24/04/2024
 GBP 74.50
Share Class Size (Mil)
24/04/2024
 GBP 0.16
Max Initial Charge -
Ongoing Charge
15/02/2024
  1.73%
Morningstar Research
Analyst Report01/03/2024
Arvind Subramanian, Senior Analyst
Morningstar, Inc

Ninety One GSF Emerging Markets Local Currency Debt (and its UK-domiciled sibling, Ninety One Emerging Market Local Currency Debt) is managed by an investment team that boasts depth, breadth, and stability, though its affinity for less-liquid...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent24
Process24
Performance
Price
Investment Objective: Ninety One Emerging Markets Local Currency Debt Fund A Accumulation USD
The Fund aims to provide income and capital growth over at least 5 years. The Fund invests primarily (at least two-thirds) in bonds (or similar debt-based assets) issued by emerging market borrowers or borrowers who have significant economic exposure to emerging markets (countries that have less developed economies) and in related derivatives (financial contracts whose value is linked to the price of such bonds (or similar debt-based assets)).
Returns
Trailing Returns (GBP)24/04/2024
YTD-1.89
3 Years Annualised0.61
5 Years Annualised0.61
10 Years Annualised1.40
12 Month Yield 4.38
Management
Manager Name
Start Date
Antoon de Klerk
30/09/2017
Werner Gey van Pittius
01/12/2012
Click here to see others
Inception Date
08/10/2007
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
JPM GBI-EM Global Diversified TR GBPJPM GBI-EM Global Diversified TR USD
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNo
GrowthYes
IncomeYes
HedgingNo
OtherNot Specific
Portfolio Profile for  Ninety One Emerging Markets Local Currency Debt Fund A Accumulation USD31/03/2024
Fixed Income
Effective Maturity-
Effective Duration-
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond161.4422.16139.29
Property0.000.000.00
Cash118.99161.61-42.62
Other0.000.000.00

Related

* This share class has performance data calculated prior to the inception date, 2007-10-08. 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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