Sponsored by

AD Global Emerging Market Debt Hard Curr A USD (GMDHCGD.IF)

NAV 105.889USD 0.029-0.030%
Also known as: AD Glbl EM Dbt Hard Curr A USD|Shariah Compliant|As of 15 Aug 2019

Fund Facts

StatusActive
Asset Type Bond
Geographic FocusEmerging Markets
DomicileIreland
Lipper GlobalBond Emerging Markets Global HC
Inception DateJanuary 2019
CurrencyUSD
Fund Size7,925,557 USD
NAV FrequencyPricing Daily, Mon-Fri
Administrator Northern Trust International Fund Admin Svs Ltd.
Sponsor AD Global Investors
Fund Manager Carne Global Fund Managers (Ireland)Ltd
Investment Advisor AD Global Investors Ltd

Fund Returns

1 Month1.367%
3 Months3.812%
YTD*%
1 YearGet Lipper
3 YearsGet Lipper
5 YearsGet Lipper
Since InceptionGet Lipper

Investment Strategy

The Funds investment objective is to achieve total return. The Fund will invest primarily in fixed income securities denominated in Hard Currency (i.e U.S dollar) issued by public or corporate issuers in emerging markets. Such fixed income securities may include Shariah compliant securities including Sukuk securities (i.e Islamic finance instruments which represent a proportionate beneficial ownership in an asset or pool of assets). The fixed income securities of the Fund may be fixed or floating rate. The Fund will generally seek to invest in debt securities that offer attractive yields for their maturities. The Fund may hold both long and synthetic short positions.

Fund Performance

NAV (SAR)
105.889
Change
0.029 (-0.030%)
Previous Close
105.860
12 Months High
106.063
12 Months Low
101.200

Lipper fund performance data

You need unbiased fund performance data and effective tools for detailed fund research. Lipper is the solution. Rigorously independent, it is trusted by investment professionals worldwide.

Learn more

Funds Screener

All Funds