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

First State Emerging Markets Bond A Acc Hedged

Ranked 37 out of 42 in - Emerging Markets Global Hard Currency over 12 months
All calculations are in GBP unless stated

Managed by

Helene Williamson

Helene Williamson has over 17 years of experience in the financial industry. She is head of emerging market debt at First State Investments and has been managing First State Emerging Markets Bond funds since 2011. Helene uses a fundamental investment style. Previously, she worked at F&C Asset Management. Helene studied finance at the Wharton School of Finance in Philadelphia, and outside of work she enjoys skiing.

Objective

The Fund aims to achieve an investment return from income and capital appreciation.The Fund primarily invests in debt securities issued or guaranteed by governments, financial institutions or companies in Emerging Markets. The Fund may also invest in securities economically linked to Emerging Markets. The majority of the Fund will be invested in debt securities denominated in US dollars. The Fund will invest at least 80 per cent of its net assets in bonds and other debt securities issued or guaranteed by governments of Emerging Markets or their agencies, and by companies established or having significant operations in Emerging Markets.

Showing fund performance in United Kingdom View performance globally

Performance

Emerging Markets Global Hard Currency over : 31/12/2015 - 31/12/2016
  • Rank 37/42 Total Return
  • Rank 12/42 Standard Deviation
  • Rank 22/42 Max Drawdown
Fund Name Currency Return
35 Legg Mason WA Em Mkts Total Rtn Bd A Dis D HdgGBP

Currency exposure is hedged

Currency exposure is hedged

GBP

9.2%

36 Allianz Emerg Mkts Short Dur Defensive Bd P H2-GBP GBP

8.9%

37 First State Emerging Markets Bond A Acc Hedged

Currency exposure is hedged

Currency exposure is hedged

GBP

8.7%

38 BlueBay Emerging Market Bond DR GBP (QIDiv)

Currency exposure is hedged

Currency exposure is hedged

GBP

7.9%

39 AXA WF Emerging Markets Short Durat Bonds ADq GBPH

Currency exposure is hedged

Currency exposure is hedged

GBP

6.8%

Fund Name Currency Risk
10 BGF Emerging Markets Bond A2 GBP Hedged

Currency exposure is hedged

Currency exposure is hedged

GBP

7.0

11 Barclays GA - Emerging Market Debt M Inc GBP GBP

7.0

12 First State Emerging Markets Bond A Acc Hedged

Currency exposure is hedged

Currency exposure is hedged

GBP

7.2

13 TCW Funds - TCW Emerging Markets Income Fd IGHG QD

Currency exposure is hedged

Currency exposure is hedged

GBP

7.3

14 Kames Emerging Market Bond C Acc GBP Hdg

Currency exposure is hedged

Currency exposure is hedged

GBP

7.5

Fund Name Currency Loss
20 JPM Emerging Markets Bond X Acc GBP Hdg

Currency exposure is hedged

Currency exposure is hedged

GBP

-5.4%

21 Aberdeen Emerging Markets Bond A2 Acc GBP

-5.4%

22 First State Emerging Markets Bond A Acc Hedged

Currency exposure is hedged

Currency exposure is hedged

GBP

-5.5%

23 Goldman Sachs Em Markets Debt Pf I GBP-H

Currency exposure is hedged

Currency exposure is hedged

GBP

-5.6%

24 BlueBay Emerging Market Bond DR GBP (QIDiv)

Currency exposure is hedged

Currency exposure is hedged

GBP

-5.9%

24 Standard Life Inv Emerging Market Debt Retail Acc GBP

-5.9%

Total Return

Quarterly Performance

to 30/12/2016 Annual Q1 Q2 Q3 Q4
2016 8.7% 3.9% 5.0% 4.6% -4.7%
2015 0.7% 2.6% -1.1% -2.1% 1.3%
2014 6.7% 3.2% 4.6% -0.7% -0.5%
2013 -4.4% -1.2% -4.9% 1.3% 0.4%
2012 17.7% 4.9% 1.9% 7.3% 2.7%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. France
  3. Germany
  4. Netherlands
  5. Switzerland
  6. United Kingdom

Fund Info

  • Launch date25/10/2011
  • Share Class size00Mn
  • Base currencyGBP
  • ISIN GB00B40L7J87
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment50

Charges

  • Annual management1.25%
  • Initial investment4

Related News

First State EMD team exploits Venezuelan volatility

The asset management firm continues to home in on the LatAm market despite anti-government protests and FX system overhaul.

First State readies local currency EMD fund

First State is preparing to launch a local currency emerging markets bond fund, Wealth Manager understands.

IMA launches Global Emerging Markets Bond sector

The sector is for funds that invest at least 80% of their assets in emerging markets.

First State’s A-rated EMD star piles into Eastern European bonds

Helene Williamson, the Citywire A-rated manager of the First State Emerging Markets Bond fund, has increased her risk exposure after avoiding the worst of her asset class’s recent sell-off.

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