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Global Evolution Funds - Frontier Markets I EUR

Ranked 36 out of 113 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 : 30/09/2017 - 30/09/2018
  • Rank 36/113 Total Return
  • Rank 53/113 Standard Deviation
  • Rank 53/113 Max Drawdown
Fund Name Currency Return
34 OSTR Emerging Market Debt Fund EUR

-4.4%

35 PIMCO GIS Socially Responsible EM I (Hdg) Acc EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-4.4%

36 Global Evolution Funds - Frontier Markets I EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-4.5%

37 Threadneedle (Lux)-Global Em Mkt Sh-Tm Bds AEH

Currency exposure is hedged

Currency exposure is hedged

EUR

-4.5%

38 Nordea1 Emerging Market Hard Currency Bond HBI EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-4.5%

Fund Name Currency Risk
51 Allianz Emerging Markets Select Bond I (H2-EUR)

Currency exposure is hedged

Currency exposure is hedged

EUR

5.2

52 Morgan Stanley Emerging Markets Debt AH EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

5.2

53 Global Evolution Funds - Frontier Markets I EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

5.2

54 Wellington Opportunistic EM Debt II EUR S Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

5.3

55 Candriam SRI Bond Emerging Markets - I EUR Cap EUR

5.3

Fund Name Currency Loss
51 NEF - Emerging Market Bond R EUR

-7.3%

52 Wellington Opportunistic EM Debt EUR S Cap

Currency exposure is hedged

Currency exposure is hedged

EUR

-7.4%

53 Global Evolution Funds - Frontier Markets I EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-7.4%

54 Global Evolution Funds - EM Debt I EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-7.5%

55 Deka-EM Bond CF

Currency exposure is hedged

Currency exposure is hedged

EUR

-7.5%

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 1.1% -3.8% -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 size708Mn
  • 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).