Fund Summary & Key Points
Unconstrained Emerging Markets Bond UCITS (“Sub-Fund”) seeks total return,
consisting of income and capital appreciation. The Sub-Fund’s benchmark is a blended index consisting of 50% J.P Morgan Emerging Markets Bond Index (EMBI) Global Diversified and
50% J.P. Morgan Government Bond Index-Emerging Markets Global Diversified (GBI-EM).
The Sub-Fund can invest in debt securities that are issued by
governments, quasi-government entities or corporations in emerging markets
countries. These securities may be denominated in any currency, including those
of emerging markets. By investing in emerging markets debt securities, the Fund
offers exposure to emerging markets fundamentals, generally characterized by
lower debts and deficits, higher growth rates and independent central banks.
Lead Portfolio Manager, Eric Fine, has over 25 years of experience in emerging