GAM Multibond - Local Emerging Bond USD C

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Performance History31/08/2021
Growth of 1,000 (GBP) Advanced Graph
GAM Multibond - Local Emerging Bond USD C
Fund4.7-0.56.80.4-6.3
+/-Cat0.31.9-0.30.9-2.5
+/-B’mrk-0.5-0.1-2.30.9-2.6
 
Key Stats
NAV
24/09/2021
 USD 337.09
Day Change -0.19%
Morningstar Category™ Global Emerging Markets Bond - Local Currency
ISIN LU0107852435
Fund Size (Mil)
23/09/2021
 USD 2775.77
Share Class Size (Mil)
23/09/2021
 USD 1655.53
Max Initial Charge 3.00%
Ongoing Charge
19/02/2021
  1.30%
Morningstar Research
Analyst Report

Despite the continuity brought by a veteran manager, team instability and workload concerns significantly limit our conviction here. The fund thus earns a Morningstar Analyst Rating of Neutral on its cheapest share classes, including the R USD...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleAverage
ParentBelow Average
ProcessAbove Average
Performance
Price
Investment Objective: GAM Multibond - Local Emerging Bond USD C
The investment objective of the Company in relation to the fund is to achieve above-average returns in the long term while observing the principle of risk diversification, through investing at least two-thirds of the assets of the Subfund in fixed-interest or flo ati ng -rate securities either issued by issuers from so-called emerging market countries and/or denominated in the currency of an emerging market country or which are economically linked to currencies of emerging market countries. The term "emerging markets" is generally understood to refer to the markets of countries that are in the process of developing into modern industrialised countries and thus display a high degree of potential but also entail a greater degree of risk. In particular, it applies to those countries included in the S&P Emerging BMI or in the MSCI Emerging Markets Index. Investments in emerging market bonds involve a higher degree of risk due to their greater volatility.
Returns
Trailing Returns (GBP)24/09/2021
YTD-8.01
3 Years Annualised1.28
5 Years Annualised0.61
10 Years Annualised2.30
12 Month Yield 0.00
Management
Manager Name
Start Date
Paul McNamara
28/04/2000
Inception Date
28/04/2000
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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
PreservationYes
GrowthNot Specific
IncomeYes
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  GAM Multibond - Local Emerging Bond USD C31/07/2021
Fixed Income
Effective Maturity-
Effective Duration-
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond88.070.0088.07
Property0.000.000.00
Cash11.930.0011.93
Other0.000.000.00

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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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