UBAM - EM Responsible Income Opportunities IHC EUR
LU0862303996
UBAM - EM Responsible Income Opportunities IHC EUR/ LU0862303996 /
NAV2024-05-15 |
Chg.+0.5100 |
Type of yield |
Investment Focus |
Investment company |
97.7900EUR |
+0.52% |
reinvestment |
Bonds
Emerging Markets
|
UBP AM (EU) ▶ |
Investment strategy
The Fund seeks to grow capital and generate income by investing primarily in fixed or variable-rate bonds issued by quasi-sovereign or public authorities or corporates which are domiciles or exercising the predominant part of their economic activity in Emerging countries. The Fund is actively managed and invests in bonds in any currencies including Emerging countries currencies with an annual target return of SOFR + 250/300 bps over a recommended investment period of at least 5 years.
The Fund uses a composite of 50% JP Morgan ESG Corporate EMBI Diversified Investment Grade Index / 50% JP Morgan ESG EMBI Global Diversified Investment Grade Index (the "Benchmark") for performance objective. The Benchmark is not representative of the investment universe and of the risk profile of the Fund and the performance of the Fund is likely to be significantly different from that of the Benchmark because the Investment Manager has significant discretion to deviate from its securities and weighting. The Fund may invest its net assets up to: 100% in Emerging countries (including China through Bond Connect up to 20%) This exposure can be increased up to 150% through derivatives, excluding foreign currencies exposure. 35% in High Yield, 20% in Contingent Convertible bonds (CoCos), 10% in Emerging markets fixed income ETF. Exposure can be direct or made through derivatives such as CDS (Credit Default Swap), Index CDS, FX Forwards (including NDFs), FX Options, Interest Rate Swaps, Futures, Options, Credit linked notes and FX linked notes. The Fund may use derivatives for investment purposes and efficient portfolio management purposes. High yield bonds are issued by entities whose activity is more sensitive to the economic cycle and pay higher interest. The return on such securities, in the same way as their level of risk, is therefore higher than traditional bond products.
Investment goal
The Fund seeks to grow capital and generate income by investing primarily in fixed or variable-rate bonds issued by quasi-sovereign or public authorities or corporates which are domiciles or exercising the predominant part of their economic activity in Emerging countries. The Fund is actively managed and invests in bonds in any currencies including Emerging countries currencies with an annual target return of SOFR + 250/300 bps over a recommended investment period of at least 5 years.
Master data
Type of yield: |
reinvestment |
Funds Category: |
Bonds |
Region: |
Emerging Markets |
Branch: |
Corporate Bonds |
Benchmark: |
50 % JP Morgan ESG Corporate EMBI Diversified Investment Grade Index, 50 % JP Morgan ESG EMBI Global Diversified Investment Grade Index |
Business year start: |
01-01 |
Last Distribution: |
- |
Depository bank: |
BNP Paribas S.A., Luxembourg Branch. |
Fund domicile: |
Luxembourg |
Distribution permission: |
Austria, Germany, Switzerland |
Fund manager: |
Fabio Fregna, Raphaël Marechal |
Fund volume: |
78.37 mill.
USD
|
Launch date: |
2015-02-23 |
Investment focus: |
- |
Conditions
Issue surcharge: |
3.00% |
Max. Administration Fee: |
0.55% |
Minimum investment: |
25,000,000.00 EUR |
Deposit fees: |
- |
Redemption charge: |
0.00% |
Key Investor Information: |
Download (Print version) |
Investment company
Funds company: |
UBP AM (EU) |
Address: |
96-98, rue du Rhône, 1211, Geneva |
Country: |
Switzerland |
Internet: |
www.ubp.ch
|
Assets
Bonds |
|
97.80% |
Other Assets |
|
1.61% |
Cash |
|
0.29% |
Others |
|
0.30% |
Countries
Mexico |
|
18.63% |
United States of America |
|
6.51% |
Peru |
|
6.35% |
Korea, Republic Of |
|
5.79% |
Chile |
|
5.56% |
Colombia |
|
5.20% |
Cayman Islands |
|
4.73% |
Indonesia |
|
4.64% |
Israel |
|
4.17% |
Thailand |
|
2.81% |
India |
|
2.62% |
Bermuda |
|
2.61% |
Netherlands |
|
2.12% |
Hungary |
|
2.10% |
Poland |
|
2.02% |
Others |
|
24.14% |