Fund Facts

Class J Shares (USD) Factsheet
Holdings 30.09.2021

Emerging Markets Debt Hard Currency Fund

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As of 30.09.2021

Additional Fund Information

   
Inception Date: 03/30/2020
ISIN: LU2093691256
SEDOL: BKT6HJ6
Bloomberg Symbol: WIWBSJU LX
Valoren Number: 52537810
WKN Number: A2PZUM
Lipper: 68601175
Total Expense Ratio: 0.75%

Fund Statistics

 
 
Total Net Assets ($Million): $63
Number Of Holdings: 198
Average Maturity (years): 15.5
Duration (years): 7.8
OAS (BPS): 430

Credit Quality %

Rating
 % of Fund
AA 3.9%
A 3.7%
BBB 18.0%
BB 18.4%
B 32.4%
CCC 7.5%
CC 0.0%
C 0.1%
D 2.7%
Cash & Equivalents 6.8%
Total 93.5%

Sector Diversification

Sector Name
 % of Fund
EM Mkt Sovereign 59.8%
EM Mkt Quasi-Sovereign 17.7%
EM Mkt Corporate 14.6%
Cash & Equivalents 6.5%
EM Mkt Sub Sovereign 0.9%
Em Mkt Supranational 0.5%
Percentage of Fund 100.0%

Top 10 Issuers (%)

Region
 % of Fund
JUMHURIYAT MISR AL-ARABIYAH 4.1%
REPUBLICA DE COLOMBIA 2.8%
UKRAINE (GOVERNMENT) 2.8%
PETROLEOS MEXICANOS 2.4%
1MDB GLOBAL INVESTMENTS LTD 2.4%
REPUBLICA DEL ECUADOR 2.1%
REPUBLIK INDONESIA 2.1%
MAMLAKAT AL BAHRAYN 2.1%
AL MAMLAKAH AL ARABIYAH AS SUUDIYAH 2.1%
SALTANAT UMAN 2.0%
Total 24.8%

Top 10 Country Allocations %

Country
 % of Fund
INDONESIA 5.6%
MEXICO 4.6%
EGYPT 4.0%
COLOMBIA 3.8%
BRAZIL 3.7%
MALAYSIA 3.4%
UKRAINE 3.3%
CHILE 3.2%
CHINA 3.2%
ARGENTINA 3.0%
Total 37.9%

Top 10 Countries by Active Spread Duration Contribution %

Country
 % of Fund
EGYPT 0.1%
ROMANIA 0.1%
INDIA 0.1%
BAHRAIN 0.1%
GUATEMALA 0.1%
COLOMBIA 0.1%
ARGENTINA 0.1%
UKRAINE 0.1%
BRAZIL 0.1%
NIGERIA 0.1%
Total 0.8%

Duration Distribution %

Years
 % of Fund
Less than 1 year 9.3%
1 - 3 years 9.5%
3 - 5 years 17.9%
5 - 7 years 16.1%
7 - 10 years 11.9%
10 - 15 years 22.8%
15+ years 12.5%
Total 100.0%
Active spread duration is the difference between the effective spread duration contribution from a particular security or market segment to a portfolio, and the contribution to the portfolio's benchmark. Effective spread duration is a measure of the sensitivity of a bond's price with respect to sovereign spread movement. It approximately measures the percentage change in a bond's price if spreads change by 100 bps.

Credit quality ratings are assigned to underlying securities in accordance with the methodology applied by the Fund's benchmark. If all three of Moody's, S&P, and Fitch provide a rating for a security, the middle rating is assigned; when a rating from only two agencies is available, the lower is used; when only one agency rates an instrument, that rating is used. AAA, AA, A, and BBB are investment grade ratings; BB, B, CCC/CC/C and D are below-investment grade ratings. The Fund itself has not been rated. Credit ratings are subject to change.

Duration distribution is the portfolio's allocation to different groups of bonds, where those groups are determined by the bonds' effective interest rate duration. Effective interest rate duration is a measure of the sensitivity of a bond's price with respect to a shift in U.S. interest rates. It approximately measures the percentage change in a bond's price if U.S. interest rates change by 100 bps.

Option-adjusted spread (OAS) is a measure of the spread of a fixed income investment’s yield relative to a benchmark, adjusted to take into account an embedded option.

Information about the Fund's holdings should not be considered investment advice. There is no guarantee that the Fund will continue to hold any one particular security or stay invested in any one particular sector. Holdings are subject to change at any time. Top holdings are shown as a % of total net assets.