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GAM Multibond - Emerging Bd-USD B

Ranked 34 out of 51 in - Emerging Markets Global Hard Currency over 36 months
All calculations are in USD unless stated

Managed by

Enzo Puntillo

Enzo Puntillo is Head of the Fixed Income team and Portfolio Manager Fixed Income Emerging Markets. Prior to joining GAM Group in October 2005, he managed institutional bond and fund mandates at UBS Global Asset Management in Zurich with a focus on global emerging market debt and crossover products. Prior to that he was a fixed income trader at Paribas. Enzo Puntillo holds a degree in Business Administration and Economics from the University of Applied Science of Basel and he is a Certified European Financial Analyst (CEFA). He is based in Zurich.

Objective

The fund invests predominantly in emerging-market bonds denominated in USD. The fund is suitable for investors with a high risk tolerance as an additional component in a globally diversified portfolio. It is suitable, in particular, for investors who wish to benefit from emerging markets' improved debtor quality and are interested in higher bond yields but can accept correspondingly higher volatility.

Showing fund performance in Singapore View performance globally

Performance

Emerging Markets Global Hard Currency over : 30/09/2015 - 30/09/2018
  • Rank 34/51 Total Return
  • Rank 37/51 Standard Deviation
  • Rank 34/51 Max Drawdown

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 -1.6% -5.1% 1.5%
2017 8.6% 3.7% 2.0% 2.4% 0.3%
2016 10.7% 5.7% 5.7% 3.7% -4.4%
2015 -1.5% 1.3% -0.6% -3.0% 0.9%
2014 5.1% 3.1% 5.7% -1.5% -2.1%
2013 -7.7% -2.6% -5.7% 0.4% 0.0%
2012 17.5% 5.7% 0.8% 6.8% 3.2%
2011 4.5% -0.1% 3.5% -3.7% 5.0%
2010 12.1% 4.3% -0.2% 8.5% -0.8%
2009 30.4% 2.4% 11.8% 12.3% 1.5%
2008 -11.9% 0.3% -1.7% -5.0% -5.9%
2007 4.6% 2.4% -1.4% 0.9% 2.6%
2006 9.2% 1.0% -1.9% 5.9% 4.2%
2005 8.4% -1.4% 4.7% 3.4% 1.5%
2004 10.9% 1.7% -3.2% 7.1% 5.2%
2003 25.4% 6.0% 8.5% 3.1% 5.9%
2002 12.2% 4.8% -5.4% -0.4% 13.7%
2001 12.4% 2.6% 3.8% -0.9% 6.5%
2000 13.0% 5.6% 0.5% 4.5% 2.0%
1999 23.0% 6.4% 3.5% 0.8% 10.9%
1998 -10.2% 5.8% -4.1% -21.6% 13.0%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/08/2018

Top 10 Holdings

Stock Size
Argentina 7.500% 22-Apr-2026 5.25%
Pemex 4.250% 15-Jan-2025 4.68%
Indonesia 7.750% 17-Jan-2038 3.92%
Egypt 7.500% 31-Jan-2027 3.77%
US Treasury 0.000% 20-Sep-2018 3.13%
Mexico 5.550% 21-Jan-2045 3.12%
Oman 6.750% 17-Jan-2048 2.63%
South Africa 4.850% 27-Sep-2027 2.26%
Pemex 6.350% 12-Feb-2048 2.24%
PETROBRAS GL FIN 8.75% 05/23/26 SR: 2.19%
31/08/2018

Registered For Sale In

  1. Austria
  2. Belgium
  3. Chile
  4. Denmark
  5. Estonia
  6. Finland
  7. France
  8. Germany
  9. Iceland
  10. Italy
  11. Latvia
  12. Liechtenstein
  13. Lithuania
  14. Luxembourg
  15. Netherlands
  16. Norway
  17. Peru
  18. Portugal
  19. Singapore
  20. Spain
  21. Sweden
  22. Switzerland
  23. United Kingdom

Fund Info

  • Launch date20/10/1997
  • Share Class size24Mn
  • Base currencyUSD
  • ISIN LU0081406000

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management1.30%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).