The investment objective of the Portfolio is to seek long-term total return through investment in a diversified portfolio of emerging markets local currency‐denominated debt securities.
The Portfolio will invest, either directly or indirectly through financial derivative instruments, in local currency‐denominated fixed income instruments issued by emerging markets governments and their quasi‐sovereign agencies. It may buy and sell bonds issued by sovereign, quasi‐sovereign agency, supranational and sub national government issuers; mortgage‐, commercial mortgage‐, and assetbacked securities; corporate debt; loan participation securities that are securitised and listed/traded but not leveraged and, in addition, bank loan assignments that qualify as Money Market Instruments; and credit and index linked securities, which are debt securities of companies whose interest payments and/or payment at maturity depend on the performance of one or more underlying credit exposures or market indices.
El fondo Wellington Emerging Local Debt Fund, con ISIN, IE00BW4NVS37 de la gestora Wellington Management Company LLP se sitúa en la posición entre los 55 fondos de la categoría RF Global Emergente - Moneda Local a 12 meses. Su rentabilidad a este plazo es del 0,00% con una volatilidad del 0,00%. El patrimonio del fondo asciende a 1.547.446.924 EUR a fecha de 25 de November de 2017.