InvestSMART

Goldman Sachs Growth & Emerging Markets Debt Local - Managed Fund (Closed)

Fund Objective
To achieve income and capital growth over the longer term through exposure to fixed-income securities of emerging country issuers, denominated in the local currency of such countries. The Fund's reference benchmark is the JPM GBI-EM Global Diversified Index in AUD.
Fund Strategy
The Fund through its investment in the SICAV portfolio, under normal market conditions, will mostly hold emerging market sovereign and quasi-sovereign debt securities (external or local currency denominated and emerging market corporate debt securities (external or local currency denominated).

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 -0.37% -0.81% 5.56% 6% 1.69% 2.68% -% -%
Growth return -0.37% -0.81% 3.13% 3.56% -1.71% -0.53% -% -%
Income return 0% 0% 2.43% 2.44% 3.4% 3.21% -% -%
Market index (JPM GBI EM Global TR AUD)
Total return -0.67% -0.13% -0.6% 8.7% 6.16% 6.18% 4.06% 4.32%
As at 30 Sep 2016. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Goldman Sachs Growth & Emerging Markets Debt Local
Cash
8.01%
Fixed Interest
91.99%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

General Information

Fund Details
Type Description
Goldman Sachs Growth & Emerging Markets Debt Local (Wholesale)
Closed
Goldman Sachs Australia Managed Fds Ltd.
JBW0094AU
Bonds-Emerging Market Debt
Not Rated
Unknown
1 Feb 2013
$52.21 million (as at 30 Sep 2016)
$1.0002 (as at 7 Oct 2016)
$1.0001 (as at 7 Oct 2016)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.85% (as at 30 Jun 2016)
Minimum initial investment $50,000

FAQs about the Goldman Sachs Growth & Emerging Markets Debt Local

The objective of the Goldman Sachs Growth & Emerging Markets Debt Local managed fund is To achieve income and capital growth over the longer term through exposure to fixed-income securities of emerging country issuers, denominated in the local currency of such countries. The Fund's reference benchmark is the JPM GBI-EM Global Diversified Index in AUD.

The strategy of the Goldman Sachs Growth & Emerging Markets Debt Local managed fund is The Fund through its investment in the SICAV portfolio, under normal market conditions, will mostly hold emerging market sovereign and quasi-sovereign debt securities (external or local currency denominated and emerging market corporate debt securities (external or local currency denominated).

The APIR code of the Goldman Sachs Growth & Emerging Markets Debt Local managed fund is JBW0094AU.

Goldman Sachs Growth & Emerging Markets Debt Local’s total return last month was -0.37%. This was made up of a growth return of -0.37% and an income return of 0%. These returns were calculated as at 30 Sep 2016.

Goldman Sachs Growth & Emerging Markets Debt Local’s total return for the last three months was -0.81%. This was made up of a growth return of -0.81% and an income return of 0%%. These returns were calculated as at 30 Sep 2016.

Goldman Sachs Growth & Emerging Markets Debt Local’s one-year total return is 6%. This was made up of a growth return of 3.56% and an income return of 2.44%. These returns were calculated as at 30 Sep 2016.

Goldman Sachs Growth & Emerging Markets Debt Local’s one-year total return is 2.68%. This was made up of a growth return of -0.53% and an income return of 3.21%. These returns were calculated as at 30 Sep 2016.

The asset allocation of the Goldman Sachs Growth & Emerging Markets Debt Local managed fund is :

Cash
8.01%
Fixed Interest
91.99%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the Goldman Sachs Growth & Emerging Markets Debt Local managed fund is Goldman Sachs Australia Managed Fds Ltd..

The Goldman Sachs Growth & Emerging Markets Debt Local managed fund belongs to the Bonds-Emerging Market Debt sector/asset class.

As at 30 Sep 2016, the size of the Goldman Sachs Growth & Emerging Markets Debt Local managed fund was $52.21 million.

The Goldman Sachs Growth & Emerging Markets Debt Local managed fund has an inception date of 1 Feb 2013.

The current entry price of the Goldman Sachs Growth & Emerging Markets Debt Local managed fund is $1.0002 per unit and the current exit price is $1.0001 per unit (as at 7 Oct 2016).

The current exit price of the Goldman Sachs Growth & Emerging Markets Debt Local managed fund is $1.0001 per unit and the current entry price is $1.0002 per unit (as at 7 Oct 2016).

The minimum initial investment amount for the Goldman Sachs Growth & Emerging Markets Debt Local managed fund is $50,000.

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.