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AD Global Emerging Market Debt Local Curr A USD (GMDLCCT.IF)

NAV 98.460USD -0.5090.510%
Also known as: AD Glbl EM Dbt Lcl Curr A USD|Shariah Compliant|As of 24 Jun 2020

Fund Facts

StatusActive
Asset Type Bond
Geographic FocusEmerging Markets
DomicileIreland
Lipper GlobalBond Emerging Markets Global LC
Inception DateJanuary 2019
CurrencyUSD
Fund Size16,516,775 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 Month6.199%
3 Months-5.730%
YTD*-11.295%
1 YearGet Lipper
3 YearsGet Lipper
5 YearsGet Lipper
Since InceptionGet Lipper

Ratios

Beta1.471
Alpha-0.567
Sharpe Ratio-0.069
Information RatioGet Lipper
Annusalised Standard DeviationGet Lipper

Investment Strategy

The Funds investment objective is to outperform a set benchmark- the JP Morgan Global Bond Index Emerging Markets Global Diversified. The Fund will invest primarily in fixed income securities instruments issued by public or corporate issuers in Emerging Market Countries which are denominated in Local Currency. The Funds investment in fixed income securities will mainly comprise of securities consistent with that of the Benchmark where possible. Investment in any other fixed income securities will be limited to securities which have a similar risk and performance profile.

Fund Performance

NAV (SAR)
98.460
Change
-0.509 (0.510%)
Previous Close
98.969
12 Months High
85.858
12 Months Low
109.322

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