Investec Emerging Markets Blended Debt I Inc-2 Net GBP


Buy/Sell Price  (as of 27/09/2016) £0.9861   Day Change :  -0.08%     Fund Code:  ICDNI 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

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Biography

Peter is a portfolio manager at Investec Asset Management with responsibility for emerging markets, fixed income. He joined Investec in August 2005 from Watson Wyatt Worldwide in London where he co-managed their UK and Europe based manager research team covering all asset classes, and was responsible for the UK and Emerging Market Debt research efforts. He joined Watson Wyatt in 2001 from Robeco Group. Peter holds a Master of Econometrics from Erasmus University, The Netherlands.

Biography

Grant Webster, having joined Investec Asset Management US Ltd in 2011, is an investment specialist in the Global EMD team and a portfolio manager. Grant is responsible for former Commonwealth of Independent States (CIS) and the Middle East, as well as quantitative analysis on emerging market multi-strategy projects. Prior to joining IAM, Grant worked in London as a quantitative analyst and portfolio manager of global macro and convertible bond funds at RWC Partners.
Investment HouseInvestec
Fund ProviderInvestec Fund Managers Ltd
ManagerPeter Eerdmans   Biography
ManagerGrant Webster   Biography

Fund Objective The Fund aims to provide income and generate capital gains over the long term primarily through investment in public sector, sovereign and corporate fixed interest instruments issued by emerging market borrowers or borrowers that derive a predominant part of their economic activity from emerging market countries.

Key Statistics

Fund Status
Fund TypeOEIC
ISINGB00B7PWB404
12-Month NAV High £1.01
12-Month NAV Low £0.78
Fund Comparative IndexJPM GBI-EM Global Diversified TR USD (50) JPM CEMBI Diversified TR USD (20) JPM EMBI Global Diversified TR USD (30)
Morningstar CategoryTMGlobal Emerging Markets Bond
Dividend FrequencyQuarterly
Distribution Yield6.42%
Underlying Yield5.49%

Annual Charges

Morningstar ratings

 as of  31/08/2016
Overall3 star
3 Years3 star
5 YearsN/A
10 YearsN/A

Growth of £1000 Help

 as of  27/09/2016

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
---3.29-3.44-4.29
Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

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