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GAM Multibond - Local Emerging Bd-EUR C

Ranked 14 out of 81 in - Emerging Markets Global Local Currency over 12 months
All calculations are in EUR unless stated

Managed by

Paul McNamara

Paul McNamara is an Investment Director, and is the lead manager on emerging market bond and currency long only and hedge fund strategies. McNamara joined GAM following its acquisition of the fixed income and foreign exchange specialist, Augustus, in May 2009, where he started managing most of the funds he runs to date. McNamara joined Augustus (then Julius Baer Investments Limited) in 1997 from the Export Credits Guarantee department of the UK Government Economic Service, where he was an economist. He began his career as a lecturer. McNamara holds an MSc in Economics from the London School of Economics. He is based in London.

Objective

The fund invests primarily in bonds issued by debtors in emerging markets and/or which are denominated in or pegged to the respective local currency. Particular attention is currently paid to ensuring a broad diversification of currencies. The fund is suitable for investors with a high risk tolerance as an additional basis in a globally diversified portfolio. The additional diversification effect results, in particular, from the low correlation to the global equity markets.

Showing fund performance in Luxembourg View performance globally

Performance

Emerging Markets Global Local Currency over : 31/05/2017 - 31/05/2018
  • Rank 14/81 Total Return
  • Rank 60/81 Standard Deviation
  • Rank 57/81 Max Drawdown
Fund Name Currency Return
12 Ashmore SICAV Local Currency R EUR Inc

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.8%

12 TCW Emerging Mrkts Local Currency Income Fd ATFHE

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.8%

14 GAM Multibond - Local Emerging Bd-EUR C

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.8%

15 NN (L) EM Debt (LC) I C EUR Hdgiv

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.0%

16 Investec GSF Emerging Mkts LC Dyn Debt J Acc EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.0%

Fund Name Currency Risk
58 Pictet-Emerging Local Currency Debt-HI EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

8.9

59 Aberdeen Global - Emerging Markets LC Bd A2 A EUR EUR

9.1

60 GAM Multibond - Local Emerging Bd-EUR C

Currency exposure is hedged

Currency exposure is hedged

EUR

9.2

61 HSBC GIF GEM Local Currency Rates EH EUR C

Currency exposure is hedged

Currency exposure is hedged

EUR

9.3

62 Fonditalia Emerging Markets Local Currency Bond RH

Currency exposure is hedged

Currency exposure is hedged

EUR

9.5

Fund Name Currency Loss
55 VF Emerging Markets Local Currency Bond H hgd EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-8.6%

56 BlueBay Emerging Market Select Bond B EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-8.7%

57 GAM Multibond - Local Emerging Bd-EUR C

Currency exposure is hedged

Currency exposure is hedged

EUR

-8.7%

58 MFS Meridian Funds-Em Mkts Dbt Local Curr WH1 EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-8.7%

59 Pictet-Short-Term Emerging Local Curr Debt-HI EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-8.8%

Total Return

Quarterly Performance

to 31/03/2018 Annual Q1 Q2 Q3 Q4
2018 3.9%
2017 12.0% 6.5% 2.2% 2.4% 0.4%
2016 9.0% 10.1% 2.4% 1.6% -4.9%
2015 -16.4% -4.1% -1.1% -10.1% -2.0%
2014 -2.8% 2.0% 4.3% -4.6% -4.3%
2013 -9.6% -0.2% -8.0% 0.0% -1.6%
2012 17.3% 8.7% -2.0% 5.5% 4.4%
2011 -4.9% 2.2% 3.7% -10.5% 0.2%
2010 14.2% 6.0% -4.3% 10.7% 1.7%
2009 25.4% -5.2% 17.3% 9.4% 3.1%
2008 -13.4% 4.2% 1.7% -5.3% -13.8%
2007 16.2% 3.7% 5.0% 2.5% 4.1%
2006 0.6% 7.4%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Chile
  4. Cyprus
  5. Denmark
  6. Estonia
  7. Finland
  8. France
  9. Germany
  10. Iceland
  11. Ireland
  12. Italy
  13. Latvia
  14. Lebanon
  15. Liechtenstein
  16. Lithuania
  17. Luxembourg
  18. Netherlands
  19. Norway
  20. Peru
  21. Portugal
  22. Singapore
  23. Spain
  24. Sweden
  25. Switzerland
  26. United Kingdom

Fund Info

  • Launch date31/05/2006
  • Share Class size1,007Mn
  • Base currencyEUR
  • ISIN LU0256065409
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment500,000
  • Min. regular additional investment0

Charges

  • Annual management0.70%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).