Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Global Evolution Funds - EM Local Debt I EUR

Ranked 68 out of 81 in - Emerging Markets Global Local Currency over 12 months
All calculations are in EUR unless stated

Managed by

Morten Bugge

Danish-born Morten Bugge is co-founder and chief investment officer at Global Evolution Fondsmaeglerselskab AS having previously worked at Sydbank where he was a director responsible for emerging markets. Morten manages the Global Evolution EM Debt, Local Currency Debt and Blended Debt funds dealing in emerging markets bonds, using a top-down fundamental investment style.

Lars Nielsen

Objective

The investment objective of the fund is to create returns by utilizing a diversified selection of investment opportunities within the emerging markets local currency debt sector. To achieve this objective the Investment Manager will mainly invest in a range of transferable and listed debt securities issued in local currency by emerging markets sovereigns, supranationals and/or multilaterals and in currency instruments. The performance fee is subject to high water mark.

Showing fund performance in Luxembourg View performance globally

Performance

Emerging Markets Global Local Currency over : 31/05/2017 - 31/05/2018
  • Rank 68/81 Total Return
  • Rank 13/81 Standard Deviation
  • Rank 31/81 Max Drawdown
Fund Name Currency Risk
11 LO Funds - Em Local Curr Bond Fndm (EUR) P A EUR

3.0

11 Capital Group EM Debt (LUX) Tgdh EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

3.0

13 Global Evolution Funds - EM Local Debt I EUR EUR

3.1

14 Investec GSF Emr Mkts LC Tot Ret Dbt JX Acc EUR EUR

3.2

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

Currency exposure is hedged

Currency exposure is hedged

EUR

3.2

Total Return

Quarterly Performance

to 31/03/2018 Annual Q1 Q2 Q3 Q4
2018 0.4%
2017 -2.3% 4.5% -4.5% -0.9% -1.2%
2016 12.9% 4.5% 5.3% 0.4% 2.2%
2015 -0.8% 7.6% -1.4% -8.3% 1.9%
2014 8.2% 1.3% 3.1% 3.2% 0.4%
2013 -10.8% 2.9% -6.9% -4.6% -2.4%
2012 14.4% 4.9% 4.5% 3.0% 1.3%
2011 -8.1% 0.1%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Denmark
  3. France
  4. Germany
  5. Luxembourg
  6. Spain
  7. Sweden
  8. Switzerland
  9. United Kingdom

Fund Info

  • Launch date21/06/2011
  • Share Class size02Mn
  • Base currencyEUR
  • ISIN LU0616502372

Purchase Info

  • Min. initial investment1Mn
  • Min. regular additional investment0

Charges

  • Initial investment0

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