JB BF Absolute Return Emerging Markets


Fund Strategy Macro
Fund Geography Emerging Markets
Investment Advisor Swiss & Global Asset Management
Portfolio Manager Enzo Puntillo
Fund Currency USD
Fund AUM $7.4m
Fund AUM (GBP) £5m
Fund AUM as of 30 June 2019
Fund Inception 31 December 2007
Fund Indices AH Macro UCITS Index
Sub Index - RV Macro

Fund Objective

The fund aims to achieve a long-term positive (absolute) return both in increasing and decreasing markets by investing in a diversified portfolio of bonds issued by emerging market debtors of different countries with a wide variety of maturities, credit ratings and currencies. The fund is suitable for investors who are focused on achieving absolute returns. The fund may be used as a supplement to a globally diversified portfolio. The fund allows investors to delegate investment decisions to experienced specialists. The fund's total return target is 3-month USD-Libor +3-4% (before costs). Risk is limited at a VaR of 8% p.a. with a 99% confidence level, calculated over 1 month (20 business days).

Reference Index

LIBOR USD 3 Months


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