Overview

The actively managed fund invests primarily in hard currency emerging markets government bonds.

Additionally, the fund allows opportunistic exposures to emerging markets corporate bonds and local currencies.

The fund's country, interest rate and currency exposures are actively managed under strict risk control with the aim to benefit from market movements.

The portfolio manager is not tied to the benchmark in terms of investment selection or weight.

Benefits

The fund gives access to a global emerging markets debt portfolio focused on hard currency.

The fund is broadly diversified across selected issuers from various emerging countries, aiming for an optimal risk-to-return profile.

Experienced emerging market investment specialists can allocate the portfolio flexibly to seize investment opportunities whenever they occur.

Risks

The fund offers higher return potential than a high-quality money market portfolio and therefore bears a higher risk. In addition, emerging markets are at an early stage of development which can typically involve a high level of price volatility and other specific risks such as lower market transparency, regulatory hurdles, corporate governance and political and social challenges. All investments are subject to market fluctuations. Every fund has specific risks, which can significantly increase under unusual market conditions. The fund can use derivatives, which may result in additional risks (particularly counterparty risk). This Fund may not be appropriate for investors who plan to withdraw their money before the recommended holding period disclosed in the PRIIPs KID, if available for this share class.All investments are subject to market fluctuations. Every fund has specific risks, which can significantly increase under unusual market conditions. Please consult your client advisor for more information on the investment risks of this product.

Features

Product category
Bond
Emerging Markets
Product domicile
Luxembourg
Portfolio management
麻豆社 Asset Management (Americas) LLC, New York
Fund management
麻豆社 Asset Management (Europe) S.A., Luxembourg
Custodian bank
麻豆社 Europe SE, Luxembourg Branch
Representative for products established under foreign law
麻豆社 Asset Management (UK) Limited
Day of inception
30 September 2011
Currency of account
EUR
Close of financial year
31 August
SFDR Classification
Art.8
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Ongoing costs p.a.
0.06% p.a.
Management fee
0.00% p.a.
Total expense ratio (TER)
0.04% p.a.
Minimum investment
-
Reference Index / Benchmark
JPM EMBI Global Diversified (USD) (hedged EUR)
Cut-Off Time
15:00h(CET)
ISIN
LU0674194641
Bloomberg Ticker
UEEGEXA LX
Telekurs Id
n.a.

Performance and Prices

Percentage growth

as of 18 June 2026
Cumulative
EUR(%)
YTD
1M
3M 4.06
6M 4.60
1Y 16.11
2Y 26.65
3Y 44.09
5Y
ø p.a.5Y 2.86
Discrete Annual
EUR(%)
Q1 2025 to Q1 2026 10.65
Q1 2024 to Q1 2025 8.42
Q1 2023 to Q1 2024 15.15
Q1 2022 to Q1 2023 -10.44
Q1 2021 to Q1 2022 -8.26

Current data

Net asset value 18.06.2026 EUR 147.23
High - last 12 months 16.06.2026 EUR 147.56
Low - last 12 months 19.06.2025 EUR 126.57
Assets of the unit class in mn 18.06.2026 EUR 122.66
Total product assets in mn 18.06.2026 EUR 1,764.32
Theoretical yield to worst (gross) 29.05.2026 6.53%
Modified duration 29.05.2026 7.17
Average remaining maturity 29.05.2026 11.99 years

Structures

Fees

Ongoing costs p.a.
0.0566%
Flat fee
0.0000%
Management fee p.a.
0.0000%

Distributions

No distributions. Continuous reinvestment of income.

Sales Authorisations

Market
Sales authorisations status
Austria
Registered
Chile
Institutional Only*
Costa Rica
Institutional Only*
Finland
Registered
France
Registered
Germany
Registered
Liechtenstein
Registered
Luxembourg
Registered
Netherlands
Registered
Singapore
Institutional Only*
Sweden
Registered
Switzerland
Registered
United Kingdom
Registered

Literature

Brochures
Document type
Document Language
Fact Sheet
Fact Sheet - Bond
Fact Sheet - Emerging Markets
Agreement / Prospectus
Document type
Document Language
Prospectus
Country supplement
Key Investor Information (KIID)
Past performance
Previous performance scenario
Annual and semi-annual report (accounting on 31 August)
Document type
Document Language
Annual report
Semi-annual report
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