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BL Bond Emerging Markets Sustainable
Bond funds
Data as of 27/01/2023
Risk level
| Low |  | High |
Performance
Average annual performance since launch 1,07 %
Performance as at 27/01/2023
| FUNDS | |
|---|---|
| 2020 | 5,09 % |
| 2021 | -2,66 % |
| 2022 | -8,09 % |
| Since 01/01/2023 | 2,33 % |
| Over the last 12 months | -4,59 % |
| Over 3 years | -4,37 % |
| Since launch | 7,94 % |
Composition
| Asset breakdown | |
|---|---|
| Bonds | 94,20 % |
| Cash | 5,80 % |
| Main positions | |
|---|---|
| Opportunity SAS 2022 3.4% 15-04-2026 | 4,19 % |
| Chile 2020 2.45% 31-01-2031 | 4,07 % |
| Philippines 2009 6.375% 23-10-2034 | 3,84 % |
| Colombia 2003 10.375% 28-01-2033 | 3,24 % |
| Qatar Reg S 2000 9.75% 15-06-2030 | 3,24 % |
Strategy
Investment objective and policy
The fund’s objective is to generate income and capital appreciation with moderate volatility. It is primarily invested in bonds of sovereign, quasi-sovereign or parastatal issuers in emerging market countries. Ancillary investments in bonds of corporate issuers from emerging market countries and government and corporate issuers from industrialised countries are also permitted. The fund pursues a sustainable and responsible investment strategy mainly through two avenues: investments in impact bonds for a minimum of 10% of the portfolio’s net assets and an ESG optimisation strategy based on a proprietary rating for traditional sovereign issues and corporate bonds. A minimum of 30% of the fund’s assets will be invested in sustainable assets. Through an active strategy, the fund manager aims to outperform the fund’s investment universe over a medium to long-term horizon while protecting the capital in downturns.General information
| Net Asset Value | |
|---|---|
| Calculated | Every business day |
| NAV class B capitalisation shares (27/01/2023) | 107,83 USD |
| NAV class A distribution shares (27/01/2023) | 83,62 USD |
| CODES | ISIN capitalisation code : LU1305479401 ISIN distribution code : LU1305479310 WKN capitalisation code : A1421D WKN distribution code : A1421C |
| Net assets (million) | 52,17 USD |
| Launch date | 13/11/2015 |
Before making any decision to subscribe, customers must ensure they have understood the product, having measured the risks associated with it and consulted their own advisers on the appropriateness of the product for their particular financial situation, taking into account legal, tax and accounting aspects. This fact sheet has been drawn up for information purposes and shall in no event be considered a solicitation to buy or an offer to sell securities or other financial instruments. Information provided to the interested party does not constitute legal or fiscal advice and the Bank shall not be held liable for such information. The securities referred to in this document may cause the investor to incur significant risk and may not be appropriate for all investors. Such risks include market risks, high volatility, credit risk, liquidity risk and interest-rate risk. There is no guarantee that the securities described in this document will achieve their investment objectives. Past performance is no indication of future returns. The Bank shall not be held liable for the future performance of these securities. Potential investors must ensure that they understand the risks of investing in such products and should only take an investment decision after giving careful consideration, together with their professional advisers, to the appropriateness of this investment to their specific financial situation, particularly with regard to legal, tax and accounting aspects. We have made every effort to verify that the information presented in this document is correct, in particular the estimated values, opinions and other estimates. Nevertheless, no guarantee can be given as to the validity, timeliness, completeness, correctness or accuracy of the information, which is provided for guidance only. Information may be subject to change without prior notice.