Investec Emerging Markets Blended Debt S Gr Acc

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Quick Stats

Bid Price - Offer Price -
Mid Price GBX 143.77 Day Change GBX +0.12 (0.08%)
Price Date 22 Oct 2019 Crown Rating 3
Shares Class Inc. Yield 5.37 %
Total Expense Ratio 0.00 Fund Size 140,815,700.00
Launch Date 01/10/2012 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.00 Sector IMA UK Equity Income
Min Investment (£) 100,000,000.00 Total Expense Ratio (%) 0.00
ISIN GB00B87FFG42 Min TopUp (£) 1,000,000.00
Ongoing Charge (%) 0.1400 Ongoing Charge Date 31/12/2018

Fund Objective

The Fund aims to provide income and generate capital gains over the long term primarily through investment in public sector, sovereign and corporate fixed interest instruments issued by emerging market borrowers or borrowers that derive a predominant part of their economic activity from emerging market countries.

Fund Managers

Peter Eerdmans

Peter is co-head of Emerging Market Fixed Income at Investec Asset Management. He is jointly responsible with Werner Gey van Pittius for all global emerging market debt strategies. Peter is also responsible for Asian markets within the team. Peter joined Investec Asset Management in 2005 from Watson Wyatt, where he was responsible for bond and currency manager research. Prior to his time at Watson Wyatt, he spent six years as a senior portfolio manager responsible for global bond management at Robeco, where he helped develop the credit process and lead on numerous projects improving the process and tools of the department. He graduated in 1995 with a Masters degree in Econometrics from Erasmus University Rotterdam.

Grant Webster

Grant is an investment specialist in the Emerging Markets Debt & Currency team and a portfolio manager. Grant is responsible for former CIS and the Middle East, as well as quantitative analysis on emerging markets multi-strategy projects. Prior to joining Investec Asset Management in 2011, Grant worked in London as a quantitative analyst and portfolio manager of global macro and convertible bond funds at RWC Partners. He also spent a year working as an equity analyst for Investec Asset Management in Cape Town in 2006. Grant holds a Bachelor of Business Science (honours) degree from the University of Cape Town and a Masters in Finance from London Business School, concentrating on investments and quantitative finance. Grant is a qualified Actuary (AIA) and CFA Charterholder.

Mike Hugman

Michael is a portfolio manager, investment specialist and strategist in the Global Emerging Market Debt team at Investec Asset Management. He is responsible for managing the Emerging Markets Blended Debt Strategy and Emerging Markets Multi-Asset Strategy. He is also responsible for Latin American regional and Top-Down asset allocation research and generating trade ideas including top-down/global themes and quantitative modelling. Prior to joining Investec Asset Management, Michael worked at Amiya Capital, a global/emerging market hedge fund where he was an economist, and before that, he was an emerging market economist and strategist at Standard Bank, London. Prior to Standard Bank, he spent two years working as a technical advisor to the Budget Office, Nigerian Ministry of Finance. Michael graduated with a Master of Philosophy in Economics (distinction) and a first class Bachelor of Arts (Hons) in Philosophy, Politics and Economics, both from the University of Oxford.

Fund Performance

Cumulative Performance

Discrete Performance

Top 10 Holdings

Name Weight
MALAYSIA GOVERNMENT BOND 3.882 3.10%
CHINA DEVELOPMENT BANK 3.48% B 2.60%
THAILAND (MINISTRY OF FINANCE) 2.00%
RSA 8.875 FEB 28 35 1.80%
RUSSIAN FEDERATION 7.95% BDS 0 1.70%
BRAZIL(FEDERATIVE REPUBLIC OF) 1.60%
QATAR(STATE OF) 4% BDS 14/03/2 1.60%
HUNGARY GOVERNMENT BOND 3 OCT 1.50%

Asset Breakdown

No data available

No data available

No data available

Region Breakdown

Name Weight
Argentina 2.10%
Brazil 12.90%
China 5.10%
Colombia 1.70%
Czech Republic 2.20%
Ecuador 2.30%
Egypt 3.50%
Ghana 2.20%
Hungary 3.60%
Indonesia 6.70%
Malaysia 5.10%
Mexico 5.90%
Money Market 4.50%
Oman 2.00%
Others 13.70%
Qatar 3.00%
Romania 2.80%
Russia 7.60%
Serbia 3.00%
South Africa 4.20%
Thailand 3.70%
Turkey 2.20%

Sector Breakdown

Name Weight
Debt 29.60%
Foreign Exchange 0.00%
High Yield Bond 6.20%
Index Linked 0.30%
Investment Grade Corporate Bon 6.80%
Investment Grade Government Bo 0.10%
Money Market 5.10%
Others 0.00%