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)

    14 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 27/03/20 12:32

Today's Return: +1.78%

Return Feb.: -1.12%

Return YtD: -13.28%

NAV per. 27/03/20 12:32

Today's Returns 1.78 %
Return year to date, % -13.28 %
Redemption 6.58
Subscription 6.58
NAV 6.58
Total Assets (m) 14 EUR

Returns - Last Update 01/03/20

Return year to date, % 0.16 %
1 Year 6.00%
3 Years 5.08%
5 Years 0.00%
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 FebruaryReturn YtD
Latest trend-1.12%0.16%
Return benchmark-1.15%0.17%

Fund Holdings

Fund Holdings

Top 10 HoldingsCouponCountryBase currencyProportion
Rep. of Ghana 14.10.203010.75GhanaUSD4.30%
Russian Eurobond 23.06.20274.25RussiaUSD3.63%
IVYCST 5 1/4 03.22.305.25Ivory CoastEUR3.29%
Oman Government International Bond 17.01.20486.75OmanUSD3.10%
Turkey Government International Bond 26.04.20297.63TurkeyUSD2.42%
Indonesia 17.02.20376.63IndonesiaUSD2.14%
Uruguay 18.06.20505.10UruguayUSD2.07%
Egypt Government International Bond 11.04.20316.38EgyptEUR2.03%
Corp Nacional del Cobre de Chile 30.09.20293.00ChileUSD2.01%
Eskom Holdings SOC Ltd 10.08.20286.35South AfricaUSD1.99%
Fund Holdings: 117
Show all Holdings

Distribution by country

Distribution by country

CountryProportionChanges in percentage points
Russia6.87%0.27%
Mexico6.20%-0.20%
Indonesia6.19%1.18%
Oman4.88%-0.17%
Romania4.67%-0.01%
Ghana4.30%-0.02%
South Africa3.80%0.07%
Qatar3.72%0.16%
Saudi Arabia3.72%0.16%
Other55.66%-4.29%

Distribution by region

RegionProportion
Latin America25.68%
Africa22.39%
North America21.70%
Eastern Europe18.30%
Middle East14.36%
Asia10.47%
Caribbean4.40%
Other-17.30%

Distrubution by currency

Base currencyProportion
Danish krona (DKK)79.43%
Euro (EUR)20.95%
US dollar (USD)-0.37%
Other0.00%

Risk

Lower risk

Higher risk

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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 bonds81.55%
QUASI-soverreign13.87%
Company0.00%
Cash4.58%

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

ISINDK0060626281
Yield to Maturity5,29 %
Average Duration7,64
Deviation + (1 year)4.61
Deviation + (3 years)5.28
Danish VP Code6062628
Sharpe Ratio (3 Years)0.42
NAV ultimo 20197.89 EUR
Year to Date0,16 %
Inception of Share Class24.04.2015
Tax Rate-
BenchmarkEMBI Global Diversified
ListedNo
AccumulatedNo
Share Class Assets (m) 14 EUR
Total Assets (m)295 EUR
Denomination10
Base currencyEUR
AGM (annual general meeting)04.04.2019
Dividend (2019)0.30
TER (incl. depositary and adm.exp)1,17 %
ÅOP (Costs)1,67 %
Indirect Trade Cost 0.47 %
Fund Holdings118
Rec. investment horizonMin. 4 years
Portfolio ManagerSydbank EM Debt Team
NAV ultimo February 20207.60