Emerging Markets Local Currency Bonds I EUR Acc (under afvikling)

Emerging Markets

0 %

Per 15/11/26 00:13

LOW RISK

HIGH RISK

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
ISIN

Running approx.

Profile

På den ekstraordinære generalforsamling i Investeringsforeningen Sydinvest den 23. juni 2026 blev det vedtaget at afvikle afdelingen Sydinvest HøjrenteLande LC Akkumulerende KL (EM Local Currency Bonds Acc KL). Sidste handelsdag var den 29. september 2026.

Læs mere her

The Structural Investment Case for Emerging Markets Bonds

  • Emerging and frontier markets are typically low- or middle-income countries based on GDP per capita.
  • These countries often have growing populations and lower capital bases, leading to structurally higher growth and income convergence with developed nations.
  • Many emerging markets benefit from favorable demographics, urbanization, and industrialization, supporting long-term economic growth.
  • On average, emerging market sovereigns have lower debt-to-GDP ratios than developed countries, reducing default risks.
  • Emerging markets generally exhibit strong fundamentals, with decreasing inflation, improving credit ratings, and improved institutions like independent central banks.
  • Sovereign bonds in emerging markets offer a significant yield premium over developed market bonds, with improving fundamentals leading to lower interest rates and credit spreads over time.
  • Emerging markets operate under distinct monetary and fiscal conditions, providing diversification benefits.
  • However, fragile institutions and unsustainable government practices can pose risks to investors. Therefore, Sydinvest considers extensive ESG (Environmental, Social, and Governance) data when constructing portfolios.

 


The Profile for Sydinvest Emerging Markets Bonds

  • The fund invests in sovereign bonds from emerging and frontier markets, aiming to provide excess returns through active portfolio management.
  • The investment philosophy recognizes risk premiums arising from emerging market convergence.
  • Lower human development and income levels increase institutional and market risks, contributing to the country risk premium, which includes political, inflation, trade, current account balance, and government budget funding risks. Growth and debt payment dynamics, along with government sustainability, are thoroughly evaluated to identify opportunities.
  • Lower market cap of emerging debt issues creates liquidity premiums, revealed through systematic relative value analysis of investor base, issuer characteristics, and issuer quality.
  • These risk premiums cause market prices to deviate from long-term fair values, making active management essential to unlock value.
  • Sydinvest leverages its decade-long experience in hard and local currency emerging markets, with an efficient and agile investment team.

The fund's investment profile

About the philosophy behind the fund

Read more

Meet the team behind it

Those who manage your investment

Read more

The practical

Read more

Returns (according to costs)

Returns

Per 15/11/26 00:13

Today's Return %

Return Nov: +0.14 %

Return YtD -

NAV development

Export graph-data
Include:

Latest trends

Return Return YtD
Latest trend 0.14 % -
Return benchmark -0.06 % 3.87 %

Fund Holdings

Fund Holdings

Distribution by country

Distribution by country

Country Proportion Change (%-Points)
Other 100.00 % 0.00 %

Distribution by region

Region Proportion
Asia 37.39 %
Latin America 31.01 %
Eastern Europe 18.76 %
Africa 10.52 %
Caribbean 0.52 %
Other 1.80 %

Base currency Proportion
Other 100.00 %

See more See less

Risk

Lower risk

Higher risk

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7

Potentially lower rewards

Potentially higher rewards

Risk Scale

The risk indicator indicates the fund's risk level compared to other products. The classification may change and is not necessarily a reliable indicator of the future risk profile.

Duration

Distribution by issuer

Distribution by issuer Proportion
Mortgage bonds 0.00 %
Government bonds 0.00 %
QUASI-soverreign 0.00 %
Company 0.00 %
Cash 0.00 %

Rating Distribution

Rating Distribution Proportion
Average rating NR

See more See less

Fees and Expenses

Fees and Expenses

Fees and Expenses Running approx. Indirect Trade Cost Subscription Redemption

Key Information

Key Information per. 31/10-26