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Global Evolution Funds - Frontier Markets I EUR

Ranked 2 out of 107 in - Emerging Markets Global Hard 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.

Christian Mejrup

Christian Mejrup works at Global Evolotion where he holds a position as senior portfolio manager responsible for formulating hard currency and local currency strategies with special focus on frontier countries. Previously he held a similar position in Sydbank where he was part of the successful investment management team responsible for emerging markets fixed income and FX mutual funds. Mejrup holds an M.Sc. in business and finance.

Objective

The investment objective of the fund is to create returns by utilizing a diversified selection of strategies within Frontier Markets. To achieve the investment objective the Investment Manager will use primarily a range of traditional transferable securities like hard and local currency debt securities and derivative financial instruments. Typically, hard currency debts are denominated in USD. Local currency debt securities are fixed income instruments issued by sovereigns, supra-nationals and/or multilaterals in the Frontier Market's own currencies. The performance fee is subject to high water mark.

Showing fund performance in Luxembourg View performance globally

Performance

Emerging Markets Global Hard Currency over : 30/06/2017 - 30/06/2018
  • Rank 2/107 Total Return
  • Rank 30/107 Standard Deviation
  • Rank 11/107 Max Drawdown
Fund Name Currency Return
1 Global Evolution Funds Frontier Opp Z (EUR) EUR

2.2%

2 Global Evolution Funds - Frontier Markets I EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

1.2%

3 BlueOrchard Microfinance P EUR Cap

Currency exposure is hedged

Currency exposure is hedged

EUR

0.8%

4 Ashmore SICAV Emerg Mkts Sht Dur R EUR Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

0.0%

5 Franklin Emerg Market Debt Opps II I (Ydis) EUR EUR

-0.3%

Fund Name Currency Risk
28 CoRe Emerging Markets Bond E EUR No Dis

Currency exposure is hedged

Currency exposure is hedged

EUR

3.3

29 Ashmore SICAV Em Mkts Sov Invt Grd Debt I EUR D EUR

3.3

30 Global Evolution Funds - Frontier Markets I EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

3.5

31 MFS Meridian Funds-Emerging Markets Debt AH1 EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

3.5

32 GAM Multibond - Emerg Mkts Investment Gr Bd-EUR A

Currency exposure is hedged

Currency exposure is hedged

EUR

3.5

Fund Name Currency Loss
9 Amundi Funds II Em Mkts Bd Short-Term I ND Hdg EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.8%

10 AXA WF Emerging Markets Short Durat Bonds EC EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.8%

11 Global Evolution Funds - Frontier Markets I EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.8%

12 Aviva Investors Emerging Markets Corp Bd Ih EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-4.2%

13 M&G Emerging Markets Bond A Acc EUR EUR

-4.3%

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 1.1% -3.8%
2017 12.0% 4.5% 3.1% 1.9% 2.1%
2016 10.6% 2.7% 3.7% 4.7% -0.7%
2015 -1.0% 3.2% 0.4% -5.7% 1.4%
2014 4.8% 0.7% 3.3% 1.4% -0.6%
2013 3.0% 2.2% -1.7% 1.2% 1.4%
2012 17.1% 4.8% 1.9% 6.6% 2.9%
2011 4.7% 1.6% 3.1% -2.1% 2.2%

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 date15/12/2010
  • Share Class size777Mn
  • Base currencyEUR
  • ISIN LU0501220262
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment1Mn
  • Min. regular additional investment0

Charges

  • Initial investment0.00%

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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).