NN (L) Emerging Markets Debt (Hard Currency) P (Hedged i)1
983,28 EUR
NAV 05/12/2019
1,61 EUR (0,16%)
Evolution compared to the last NAV
Minimum buy value
no minimum for KEYPLAN
Minimum sell value
no minimum for KEYPLAN
Cap/Dist
Distribution
Regional split
Not available
Sectorial split
Not available
Major holdings
| 1MDB GLOBAL INVESTMENTS 4.400% 2023-03-09 | 2,29% |
| REPUBLICA ORIENT URUGUAY 4.975% 2055-04-20 | 1,41% |
| RUSSIAN FEDERATION RegS 5.250% 2047-06-23 | 1,30% |
| STATE OF QATAR RegS 4.817% 2049-03-14 | 1,05% |
| REPUBLIC OF ECUADOR RegS 7.875% 2028-01-23 | 1,01% |
| ROMANIA MTN RegS 4.625% 2049-04-03 | 1,00% |
| LEBANESE REPUBLIC RegS 7.250% 2037-03-23 | 0,92% |
| UKRAINE GOVERNMENT RegS 0.000% 2040-05-31 | 0,91% |
| REPUBLIC OF COLOMBIA 5.000% 2045-06-15 | 0,90% |
| REPUBLIC OF ZAMBIA RegS 8.970% 2027-07-30 | 0,88% |
Factsheet
| Isin | LU0555020212 |
| Name | NN (L) Emerging Markets Debt (Hard Currency) P (Hedged i) |
| Total Assets | 2772 million USD |
| Fund type | Bond fund |
| Ongoing charges | 1,54% |
| Distribution fee | 0,72% on the amount of the position |
| Fund manager | Marco Ruijer |
| Fund manager since | 02/05/2011 |
| Legal type and nationality | Investment company according to Luxembourg law |
| Financial Service | ING Belgium |
| Frequency Listing | daily |
| Investment Horizon | 4 years |
| Investment Category | Bonds basket foreign currencies (without term) : Growth markets |
| European Passport | Yes |
| Quote Currency | EUR |
| Publication NV | www.beama.be |
| Duration | undetermined |
Registration and reception of the requests of issue/redemption/change of sub-fund
Each subscription/redemption request of shares/units of the fund can be introduced and registered through our Transaction Site. On each working day, Keytrade Bank centralizes all these requests placed from 11h30 (Belgian time) of the previous day (D-1) or the previous working day until 11h30 of D-day and sends them immediately to its correspondent who on his turn sends them for execution at 13h. The order introduced and registered before 11h30 via our Transaction Site will be executed at the Net Asset Value (NAV) of the same day (D), of the following day (D+1), the next following day (D+2) or weekly (until D+7), depending on the conditions for the subscription and the redemption of shares/ units (especially the cut-off time) mentioned in the prospectus.
If the order is placed and registered after 11h30, the order will be sent for execution the following working day.
Requests for changes of sub-fund are not possible at Keytrade Bank.
SRRI risk indicator 2
- 1
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- 7
2 The synthetic risk indicator gives an indication of the risk associated with investing in a fund. The scale goes from 1 (weakest risk, associated with a lower potential return) to 7 (highest risk, associated with a higher potential return). The lowest category does not indicate that the investment is risk free. The indicator is based on historical data and may possibly not be a reliable indication of the future risk profile of the fund. The type of risk is not a guarantee and may change over time. (you can find more information here)
Tariff structure
| Stock exchange tax at redemption | not applicable |
| Withholding tax | 30% |
| Capital Gains Tax | not applicable * |
| Entry fees | 0 EUR |
| Exit fees | 0 EUR ** |
It is possible this fund applies Swing Pricing. For more information, please read the prospectus.
For other, non-current costs that might be paid by the investor, we refer to the prospectus
The taxes that are mentioned apply to an average non-professional client-natural person, Belgian resident.
* 30% withholding tax on the realised gains on the fixed income part of the fund if the fund contains more than 10% of fixed income products
** If you transfer a fund/the funds of your Keyplan to your trading account before the end of the fifth year, you will have to pay fees of € 9.95 (per transferred fund).
Investment policy
Objectives and Investment Policy The fund invests in debt instruments (i.e. notes, bonds, certificates etc) denominated in currencies of economically developed and politically stable countries which are members of the OECD (Organisation for Economic Cooperation and Development). We invest in countries where we are able to assess specific political and economic risks and in countries that have undertaken certain economic reforms. The issuers of the debt instruments are established in low and middle income developing countries (emerging markets). We invest in South and Central American (including the Caribbean), Central and Eastern European, Asian, African and Middle Eastern debt instruments. Measured over a period of several years, we aim to beat the performance of the benchmark JP Morgan EMBI Global Diversified hedged (EUR). For this specific hedged share class we apply a currency hedging strategy. The sub-fund?s base currency is US dollar (USD). By hedging this share class we aim to exchange the base currency of the sub-fund (USD) with the base currency of this share class euro (EUR). A currency hedge consists of taking an offsetting position in another currency. You can sell your participation in this fund on each (working) day on which the value of the units is calculated, which for this fund occurs daily. The fund aims to provide you with a regular dividend.
The investment policy of the fund is extracted from the KIID
Documents
If you have a complaint, please contact our Legal Department: legal@keytradebank.be
If the complaint is not handled to your full satisfaction, you may submit it to the Mediation Service Banks Credit Investments: www.ombudsfin.be - ombudsman@ombudsfin.be
1 Fund means «Undertaking for collective Investment». Undertaking for collective Investment is a general term used for different undertakings collecting money from the public and whose activity consists in managing an investment portfolio. The fund notion contains as well collective investment schemes in the form of an investment company (such as the Sicav or Sicafi) as the contractual funds (such as the Mutual Fund) and their sub-funds.
3 When you would like to have more information on the diamond rating of VWD, please click here.
