Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

VF Emerging Markets Local Currency Bond H hgd

Ranked 15 out of 29 in - Emerging Markets Global Local Currency over 12 months
All calculations are in CHF unless stated

Managed by

Daniel Karnaus

Daniel Karnaus joined Vontobel Asset Management as a portfolio manager in November 2000. He manages fixed income investment funds and mandates focusing on Europe and emerging markets (global as well as Eastern Europe). After finishing his studies in 1995, Daniel worked for the Swiss National Bank. His responsibilities included the management of foreign currency reserves with rotational responsibility in EUR, USD and JPY. Prior to this, in 1990, after finishing a commercial apprenticeship at a trust company, Daniel joined the foreign currency trading department of the Cantonal Bank of Zurich. He specialized in the trading of currency options during the course of the following five years. Daniel holds a business management degree from the School of Economics and Business Administration in Zurich and a Federal Diploma for expert in finance and investments.

Thierry Larose

Thierry Larose has 25 years’ experience in finance and is currently a senior portfolio manager in emerging markets at Degroof Petercam Asset Management where he launched the Petercam L Bonds Emerging Markets Sustainable fund in 2013. Prior to joining the firm, Thierry worked at HSBC in London and Brussels. He graduated from the State University of Liege with a BA in Economics specialising in econometrics, financial analysis and portfolio management.

Objective

The Sub-Fund's assets are invested in bonds and similar fixed and variable rate debt instruments, including convertible bonds and warrant bonds issued by various public and/or private borrowers from an emerging market, whereby a maximum of 25% of the Sub-Fund's assets may be invested in convertible and warrant bonds.

Showing fund performance in Switzerland View performance globally

Performance

Emerging Markets Global Local Currency over : 31/01/2017 - 31/01/2018
  • Rank 15/29 Total Return
  • Rank 17/29 Standard Deviation
  • Rank 19/29 Max Drawdown
Fund Name Currency Return
13 Payden Global Emerging Markets Bond CHF CHF

10.5%

13 Avadis Fund - Emerging Market Debt E CHF

10.5%

15 VF Emerging Markets Local Currency Bond H hgd

Currency exposure is hedged

Currency exposure is hedged

CHF

10.4%

16 BlueBay Em Mkt Local Currency Bond R CHF

Currency exposure is hedged

Currency exposure is hedged

CHF

10.3%

17 PIMCO GIS Emerging Local Bond Inv CHF UnHdg Acc CHF

10.2%

Fund Name Currency Risk
15 Avadis Fund - Emerging Market Debt E CHF

5.1

16 Lazard Emerging Markets Local Debt I Acc CHF CHF

5.2

17 VF Emerging Markets Local Currency Bond H hgd

Currency exposure is hedged

Currency exposure is hedged

CHF

5.2

18 Pictet-Emerging Local Currency Debt-HZ CHF

Currency exposure is hedged

Currency exposure is hedged

CHF

5.4

19 Pictet-Short-Term Emerging Local Curr Debt-P CHF CHF

5.4

Fund Name Currency Loss
17 Ashmore SICAV Em Mkts Loc Curr Corp Dbt R CHF Inc

Currency exposure is hedged

Currency exposure is hedged

CHF

-2.5%

18 HSBC GIF GEM Inflation Linked Bond AC CHF CHF

-2.7%

19 VF Emerging Markets Local Currency Bond H hgd

Currency exposure is hedged

Currency exposure is hedged

CHF

-2.7%

20 Pictet-Short-Term Emerging Local Curr Debt-P CHF CHF

-2.8%

21 Capital Group EM Debt (LUX) B CHF CHF

-3.0%

Total Return

Quarterly Performance

to 01/01/2018 Annual Q1 Q2 Q3 Q4
2017 9.1% 5.7% 0.5% 3.0% -0.4%
2016 8.2% 9.6% 1.9% 1.8% -4.9%
2015 -17.3% -4.8% -1.8% -10.3% -1.4%
2014 -7.7% 1.2% 3.8% -5.7% -6.9%
2013 -10.7% 0.2% -8.5% -0.6% -2.1%
2012 12.2% 6.4% -1.2% 3.9% 2.7%
2011 3.3% -9.4% 0.6%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Chile
  3. Germany
  4. Liechtenstein
  5. Luxembourg
  6. Singapore
  7. Switzerland
  8. United Kingdom

Fund Info

  • Launch date18/01/2011
  • Share Class size34Mn
  • Base currencyCHF
  • ISIN LU0563308369
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment1
  • Min. regular additional investment0

Charges

  • Annual management1.20%

Related News

Vontobel hires AAA-rated EMD manager

Developing world debt specialist joins Swiss asset manager after more than seven years with Belgian firm.

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