EM Bonds EUR d h

High Yield Bonds

Key Information

  • ISIN

    DK0060626281

  • Inception

    24.04.2015

  • Return Profile

    Dividend

  • Risk Class

    4

  • Share Class Assets (m)

    13 EUR

  • ÅOP (Costs)

    1,67 %

  • Indirect Trade Cost

    0.47 %

  •  
  • KIID

  • Fund Facts

  • Prospectus

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Profile

Investment profile
The fund invests in government bonds primarily issued in USD or EUR from high-yielding countries in Eastern Europe, Asia, Latin America, Africa and the Middle East. The fund’s currency risk is limited. The portfolio is actively managed and reflects the current assessment of which countries and which bonds are considered to produce the best returns relative to risk.


The typical investor
The typical investor has an investment horizon of at least 3 years and is looking for a high return and high annual dividends. Investors are expected to know that the fund may experience significant price fluctuations, see “Risk factors”.

Benchmark
Emerging Market Bonds B EUR d uses the benchmark JP Morgan Emerging Markets Bond Index Global Diversified hedged to EUR.

  • Portfolio Manager

Returns

Date 18/09/20 12:09

Today's Return: -0.23%

Return Aug.: +0.75%

Return YtD: +0.24%

NAV per. 18/09/20 12:09

Today's Returns -0.23 %
Return year to date, % 0.24 %
Redemption 7.61
Subscription 7.61
NAV 7.61
Total Assets (m) 13 EUR

Returns - Last Update 01/09/20

Return year to date, % -0.14 %
1 Year 1.08%
3 Years 0.55%
5 Years 16.41%
7 Years 0.00%
10 Years 0.00%

NAV development

Export graph-data

Include:

Return & Dividend

YearReturnsDividendIncome on equityCapital incomeTaxfreeNAV per unit (End Year)
201910.81%0.300.000.300.007.89
2018-9.85%0.270.000.270.007.38
20178.42%1.380.001.380.009.57
20169.48%0.480.000.480.009.29
2015-6.75%0.890.000.890.009.33

Latest trends

Emerging Market BondsReturn AugustReturn YtD
Latest trend0.75%-0.14%
Return benchmark0.45%0.12%

Fund Holdings

Fund Holdings

Top 10 HoldingsCouponCountryBase currencyProportion
Russian Eurobond 23.06.20274.25RussiaUSD4.20%
Rep. of Ghana 14.10.203010.75GhanaUSD3.21%
IVYCST 5 1/4 03.22.305.25Ivory CoastEUR2.51%
Corp Nacional del Cobre de Chile 30.09.20293.00ChileUSD2.46%
Indonesia 17.02.20376.63IndonesiaUSD2.26%
Uruguay 18.06.20505.10UruguayUSD2.22%
Qatar Government International Bond 16.04.20303.75QatarUSD2.07%
Qatar Government International Bond 23.04.20485.10QatarUSD1.99%
Egypt Government International Bond 11.04.20316.38EgyptEUR1.96%
Turkey Government International Bond 26.04.20297.63TurkeyUSD1.89%
Fund Holdings: 126
Show all Holdings

Distribution by country

Distribution by country

CountryProportionChanges in percentage points
Indonesia7.93%2.92%
Qatar7.44%3.87%
Mexico5.85%-0.55%
Romania4.99%0.31%
Russia4.77%-1.82%
Ukraine3.96%0.87%
Turkey3.93%-1.36%
Uruguay3.92%1.72%
South Africa3.66%-0.06%
Other53.55%-7.27%

Distribution by region

RegionProportion
Latin America27.92%
Africa20.51%
Eastern Europe18.73%
North America16.94%
Middle East14.85%
Asia12.54%
Caribbean2.39%
Other-13.88%

Distrubution by currency

Base currencyProportion
Danish krona (DKK)83.19%
Euro (EUR)16.93%
US dollar (USD)-0.12%
Other0.00%

Risk

Lower risk

Higher risk

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  • 6
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Potentially lower rewards

Potentially higher rewards

Risk Scale

Placement of the fund on the scale is determined by the fluctuations of the funds NAV over the past five years.

Historical return fluctuations p.a.

Duration

Distribution by issuer

Distribution by issuerProportion
Mortgage bonds0.00%
Government bonds82.22%
QUASI-soverreign14.65%
Company0.00%
Cash3.13%

Fees and Expenses

Fees and Expenses

Fees and ExpensesTotal Management FeeÅOP (Costs)Indirect Trade Cost SubscriptionRedemption
EM Bonds EUR d h1.17 %1.67 %0.47 %0.00 %0.00 %

Key Information per. 31/8-20

ISINDK0060626281
Yield to Maturity4,41 %
Average Duration8,00
Deviation + (1 year)18.79
Deviation + (3 years)11.62
Danish VP Code6062628
Sharpe Ratio (3 Years)0.07
NAV ultimo 20197.89 EUR
Year to Date-0,14 %
Inception of Share Class24.04.2015
Tax Rate-
BenchmarkEMBI Global Diversified
ListedNo
AccumulatedNo
Share Class Assets (m) 13 EUR
Total Assets (m)322 EUR
Denomination10
Base currencyEUR
AGM (annual general meeting)01.04.2020
Dividend (2019)0.30
TER (incl. depositary and adm.exp)1,17 %
ÅOP (Costs)1,67 %
Indirect Trade Cost 0.47 %
Fund Holdings127
Rec. investment horizonMin. 4 years
Portfolio ManagerSydbank EM Debt Team
NAV ultimo August 20207.58