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BlackRock Emerging Markets Local Currency Bond Class D3 - Accumulation (Hedged GBP)

Sell:1,448.00p Buy:1,448.00p Change: 4.00p (0.28%)
Prices as at 11 October 2024
Sell:1,448.00p
Buy:1,448.00p
Change: 4.00p (0.28%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 11 October 2024
Sell:1,448.00p
Buy:1,448.00p
Change: 4.00p (0.28%)
Prices as at 11 October 2024
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Also available as income units Help

Charges and Savings

Initial charges
Initial charge: 5.00%
Initial saving from HL: 5.00%
Net initial charge: 0.00%
HL dealing charge: Free
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.78%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.78%
There are other unit types of this fund available:
Class D3 - Income (Hedged GBP) (Net ongoing charge 0.78%)

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.


Other Information

Unit type: Unbundled
Manager:
Multiple
Fund launch date: 26 June 1997
Sector: Global Emerging Markets Bond
Fund size: £1,565 million
Number of holdings: 921
Fund type: SICAV
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 15:00
Trustee: The Bank of New York Mellon (International) Limited
Minimum investment: £100.00
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

11/10/19 to 11/10/20 11/10/20 to 11/10/21 11/10/21 to 11/10/22 11/10/22 to 11/10/23 11/10/23 to 11/10/24
Annual return -4.17% 1.43% -18.90% 12.74% 11.30%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

The Wealth Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

Fund Objective

The Local Emerging Markets Short Duration Bond Fund seeks to maximise total return. The Fund invests at least 70% of its total assets in local currency-denominated fixed income transferable securities with a duration of less than five years issued by governments and agencies of, and companies domiciled or exercising the predominant part of their economic activity in, emerging markets. The average durationis not more than two years. The full spectrum of available securities, including non-investment grade, may be utilised. Currency exposure is flexibly managed.

Income Details

Distribution yield : 1.00%
Income paid: Monthly
Type of payment: Interest
Ex-dividend date: 30 August 2025
Payment date: 6 September 20254

This data is provided by Broadridge. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. Information correct as at 31 July 2024.

Security Weight
POLAND (REPUBLIC OF) 6 10/25/2033 3.06%
PERU (REPUBLIC OF) RegS 6.95 08/12/2031 2.84%
COLOMBIA (REPUBLIC OF) 13.25 02/09/2033 2.50%
BRAZIL FEDERATIVE REPUBLIC OF (GOV 10 01/01/2029 2.43%
BRAZIL FEDERATIVE REPUBLIC OF (GOV 0 01/01/2026 1.84%
SOUTH AFRICA (REPUBLIC OF) 8.875 02/28/2035 1.81%
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2027 1.74%
COLOMBIA (REPUBLIC OF) 7 03/26/2031 1.72%
TURKEY (REPUBLIC OF) 26.2 10/05/2033 1.66%
SOUTH AFRICA (REPUBLIC OF) 8 01/31/2030 1.63%
Sector Weight
Bonds 98.19%
Non-Classified 1.21%
Cash and Equiv. 0.37%
Alternative Trading Strategies 0.23%
Country Weight
South Africa 11.38%
Mexico 10.79%
Brazil 10.51%
Indonesia 9.59%
Colombia 9.39%
Malaysia 8.91%
Poland 8.35%
Non-Classified 6.43%
Romania 4.30%
China 3.93%

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 11 October 2024. Data provided by Broadridge, correct as at 30 June 2024.

Broadridge
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account

4 If you elect to receive the income from an ISA or a Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.