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  5. abrdn Emerging Market Local Currency Dbt - Managed fund profile

abrdn Emerging Market Local Currency Dbt - Managed Fund (Closed)

Fund Strategy
The Sub-fund's investment objective is long term total return. The Sub-fund aims to outperform the JP Morgan GBI-EM Global Diversified Index (USD) benchmark before charges. It seeks to achieve this objective by investing primarily in Emerging Market currencies and Emerging Market local currency-denominated debt and debt-related securities. These include bonds as well as inflation-linked bonds issued by governments, supranational institutions or government-related bodies. The Sub-fund may hold investment grade and sub-investment grade corporate

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 1.08% 2.72% 9.87% 0.83% 0.69% -3.98% -% -%
Growth return 1.08% 2.72% 9.87% 0.83% 0.69% -3.98% -% -%
Income return 0% 0% 0% 0% 0% 0% -% -%
Market index (JPM GBI EM Global TR AUD)
Total return -0.57% 0.24% 0.72% 9.34% 5.64% 7.3% 4.5% 4.1%
As at 28 Feb 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

abrdn Emerging Market Local Currency Dbt
Cash
2.67%
Fixed Interest
91.63%
Alternatives
5.70%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%

General Information

Fund Details
Type Description
abrdn Emerging Market Local Currency Dbt
Closed
EQI0699AU
Bonds-Emerging Market Debt
Not Rated
Unknown
12 Aug 2019
$13.3 million (as at 28 Feb 2023)
$0.965 (as at 10 Mar 2023)
$0.9592 (as at 10 Mar 2023)
Finalised
Offer information
Type Description
MER 1.01% (as at 30 Sep 2022)
Indirect Cost Ratio (ICR) 1.01% (as at 30 Jun 2022)
Performance fee (not included in ICR) Not Available
Minimum initial investment $20,000
Minimum additional investments $5,000.00

Top 10 holdings (as at 28 Feb 2023)

Holding (as at 28 Feb 2023) Type % of Portfolio
Secretaria Tesouro Nacional 10% Bond - Gov't/Treasury 7.55%
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FAQs about the abrdn Emerging Market Local Currency Dbt

The objective of the abrdn Emerging Market Local Currency Dbt managed fund is

The strategy of the abrdn Emerging Market Local Currency Dbt managed fund is The Sub-fund's investment objective is long term total return. The Sub-fund aims to outperform the JP Morgan GBI-EM Global Diversified Index (USD) benchmark before charges. It seeks to achieve this objective by investing primarily in Emerging Market currencies and Emerging Market local currency-denominated debt and debt-related securities. These include bonds as well as inflation-linked bonds issued by governments, supranational institutions or government-related bodies. The Sub-fund may hold investment grade and sub-investment grade corporate

The APIR code of the abrdn Emerging Market Local Currency Dbt managed fund is EQI0699AU.

abrdn Emerging Market Local Currency Dbt’s total return last month was 1.08%. This was made up of a growth return of 1.08% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

abrdn Emerging Market Local Currency Dbt’s total return for the last three months was 2.72%. This was made up of a growth return of 2.72% and an income return of 0%%. These returns were calculated as at 28 Feb 2023.

abrdn Emerging Market Local Currency Dbt’s one-year total return is 0.83%. This was made up of a growth return of 0.83% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

abrdn Emerging Market Local Currency Dbt’s one-year total return is -3.98%. This was made up of a growth return of -3.98% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

The asset allocation of the abrdn Emerging Market Local Currency Dbt managed fund is :

Cash
2.67%
Fixed Interest
91.63%
Alternatives
5.70%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%

The abrdn Emerging Market Local Currency Dbt managed fund belongs to the Bonds-Emerging Market Debt sector/asset class.

As at 28 Feb 2023, the size of the abrdn Emerging Market Local Currency Dbt managed fund was $13.3 million.

The abrdn Emerging Market Local Currency Dbt managed fund has an inception date of 12 Aug 2019.

The current entry price of the abrdn Emerging Market Local Currency Dbt managed fund is $0.965 per unit and the current exit price is $0.9592 per unit (as at 10 Mar 2023).

The current exit price of the abrdn Emerging Market Local Currency Dbt managed fund is $0.9592 per unit and the current entry price is $0.965 per unit (as at 10 Mar 2023).

The minimum initial investment amount for the abrdn Emerging Market Local Currency Dbt managed fund is $20,000. Minimum additional investment is $5000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.