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LO Funds - Em Local Curr Bond Fndm (CHF) P A

Ranked 27 out of 29 in - Emerging Markets Global Local Currency over 12 months
All calculations are in CHF unless stated

Managed by

Salman Ahmed

Salman Ahmed is chief investment strategist at Lombard Odier Investment Managers. He joined the company in January 2013. Prior to joining, Salman was head of global macro at EDF Trading (trading arm of EDF Group). Before that, he was a global macro economist at Goldman Sachs International from 2006 to 2009. Previously, he was an active equity research associate at Barclays Global Investors from 2005 to 2006, as well as at Goldman Sachs, where he completed an internship in 2004. He began his career as an investment analyst at Watson & Wyatt LLP in 2001. Salman earned a master’s degree in economics and finance from University of Cambridge in 2001 and holds a bachelor’s degree in economics from Lahore University of Management Sciences.

Sara Razmpa

Sara Razmpa is a portfolio manager within Lombard Odier’s Fundamental Fixed Income team. Sarah joined the company in November 2012. Prior to joining, Sara was a junior product specialist in the credit structuring team at Credit Suisse. Sara earned a master’s degree in financial engineering and risk management from HEC Lausanne in 2012. She also holds a bachelor’s degree in economics from the University of British Columbia and a bachelor’s degree in electrical and electronics engineering from the University of Tehran. She is a CFA Charterholder.

Yannik Zufferey

Yannik Zufferey has 17 years of investment experience and as CIO of Fixed Income within Lombard Odier Investment Managers, has experience managing a variety of Fixed Income portfolios since he joined the firm in 2004, including within the multi-award winning Swiss Fixed Income team. In addition, Yannik holds an MSc in Mathematical engineering and a PhD in Mathematics from the Swiss Federal Institute of Technology. He initially joined the Firm in 2004 working directly in Patrick Odier’s office, one of the firm’s Senior Managing Partners. This was followed by a period as a quantitative research analyst at GLG Partners LP, where he developed innovative long/short quantitative strategies. He returned to LOIM in 2007 as a specialist for Quantitative Funds and Structured Products. From 2008, he has been a Portfolio Manager for CHF, EUR, GBP and USD Credit portfolios (Investment Grade and Crossover). He began his career as a consultant in the financial risk management group of PwC Consulting in 1999.

Objective

The Sub-Fund aims to generate regular income and potentially capital growth. It invests mainly in: debt instruments issued in local or major currencies by governments, companies, and other entities in emerging markets. These may have a rating of below BBB ("below investment grade"); currencies, including emerging currencies; financial derivatives providing exposure to individual debt instruments and currencies, including emerging currencies.

Showing fund performance in Switzerland View performance globally

Performance

Emerging Markets Global Local Currency over : 30/11/2016 - 30/11/2017
  • Rank 27/29 Total Return
  • Rank 9/29 Standard Deviation
  • Rank 11/29 Max Drawdown
Fund Name Currency Return
25 UBS (Lux) Emerging Ec Global Bonds (USD)(CHFh)P-d

Currency exposure is hedged

Currency exposure is hedged

CHF

7.5%

26 LGT Bond Fund EMMA Quality -(CHF) B-

Currency exposure is hedged

Currency exposure is hedged

CHF

6.5%

27 LO Funds - Em Local Curr Bond Fndm (CHF) P A CHF

6.4%

28 Pictet-Global Emerging Currencies-P CHF CHF

4.2%

29 Man GLG Global Emerging Mkts Debt TR I H CHF Acc CHF

1.9%

Fund Name Currency Risk
7 Ashmore SICAV Local Currency I CHF Inc

Currency exposure is hedged

Currency exposure is hedged

CHF

3.9

8 Pictet-Emerging Local Currency Debt-HZ CHF

Currency exposure is hedged

Currency exposure is hedged

CHF

4.2

9 LO Funds - Em Local Curr Bond Fndm (CHF) P A CHF

4.3

10 Ashmore SICAV Em Mkts Loc Curr Corp Dbt R CHF Inc

Currency exposure is hedged

Currency exposure is hedged

CHF

4.3

11 DPAM L Bonds Emerging Markets Sust B CHF Cap CHF

4.7

Fund Name Currency Loss
9 Templeton Emerging Markets Bond A (acc) CHF-H1

Currency exposure is hedged

Currency exposure is hedged

CHF

-1.6%

10 GAM Multibond - Emerg Mkts Opportunities Bd-CHF A

Currency exposure is hedged

Currency exposure is hedged

CHF

-1.6%

11 LO Funds - Em Local Curr Bond Fndm (CHF) P A CHF

-1.7%

12 Avadis Fund - Emerging Market Debt E CHF

-1.9%

13 PIMCO GIS Emerging Local Bond Inv CHF UnHdg Acc CHF

-1.9%

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 3.4% -1.5% 3.5%
2016 8.2% 3.1% 3.5% 2.1% -0.7%
2015 -11.9% -4.6% -5.3% -4.2% 1.7%
2014 0.4% -2.1% 2.8% 2.9% -3.0%
2013 -11.0% 4.2% -6.8% -5.7% -2.8%
2012 8.0% 2.1% 2.7% 3.1% -0.1%
2011 -3.7% 0.0% -6.1% -0.7% 3.3%
2010 -1.7% -4.3%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. France
  4. Germany
  5. Liechtenstein
  6. Luxembourg
  7. Netherlands
  8. Singapore
  9. Spain
  10. Switzerland
  11. United Kingdom

Fund Info

  • Launch date17/05/2010
  • Share Class size06Mn
  • Base currencyCHF
  • ISIN LU0504823591

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management0.75%
  • Initial investment5

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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).