Offshore Funds (UCITS)

Emerging Markets Corporate Debt

Morningstar Rating™

4

World-leading Fund providing opportunities to access alternative sources of high quality income with attractive yields


About Emerging Market Corporate Bond Fund
  • Provides exposure to the expanding universe of high quality companies in fast growing emerging markets
  • Emerging market corporate bonds can provide attractive yields with lower leverage and better fundamentals than their developed market peers
  • They can provide diversification to a portfolio of developed market bonds
  • The Fund provides a well diversified, high conviction portfolio built from the bottom up

Citywire Triple A Rating

Objective

Investment objective summary

  • The Fund aims to provide income with the opportunity for capital growth (i.e. to grow value of your investment) over the long-term.
      • The Fund is actively managed and invests primarily in a diversified portfolio of debt securities (e.g. bonds) issued by Emerging Markets Corporate Borrowers and derivatives (financial contracts whose value is linked to the price of a debt security) which offer exposure to such debt securities. These securities may be Investment Grade and Non-Investment Grade, and of any duration.
      • The Fund promotes environmental and social characteristics in line with Article 8 of the EU Sustainable Finance Disclosure Regulation (SFDR). The Fund will not invest in certain borrowers. Over time, the Investment Manager may, in accordance with the Fund’s investment policy, apply additional exclusions to be disclosed on the website, as they are implemented.

      Fund features

      • Fundamentally driven value investing in the best EM corporate debt opportunities
      Victoria Harling
      Portfolio Manager
      Alan Siow
      Portfolio Manager
      Emerging Market Corporate Debt Team
      Portfolio Manager

      Performance & returns

      Literature

      Portfolio & Holdings

      Date as of 30/04/2026
      Fund Duration Contribution
      Fund NAV%
      Index NAV%
      US Dollar
      4.9
      Euro

      We recommend that you seek independent financial advice to ensure this Fund is suitable for your investment needs.

      All the information contained in this communication is believed to be reliable but may be inaccurate or incomplete. Any opinions stated are honestly held but are not guaranteed and should not be relied upon.

      This communication is provided for general information only. It is not an invitation to make an investment nor does it constitute an offer for sale. The full documentation that should be considered before making an investment, including the Prospectus and Key Investor Information Documents, which set out the Fund specific risks, are available from Ninety One. This Fund should be considered as a long-term investment.

      Performance data source: © Morningstar, NAV based, (net of fees, excluding initial charges), total return, in the share class dealing currency. Performance would be lower had initial charges been included as an initial charge of up to 5% (10% for S shares) may be applied to your investment. This means that for an investment of $1,000, where the initial charge equals 5%, $950 ($900 for S shares) would actually be invested in the Fund. Returns to individual investors will vary in accordance with their personal tax status and tax domicile.

      For a full description of the Morningstar rating for funds, please see the attached guide. A rating is not a recommendation to buy, sell or hold a guide.

      The overall rating for a fund, often called the ‘star rating’, is a third party rating derived from a quantitative methodology that rates funds based on an enhanced Morningstar™ Risk-Adjusted Return measure. ‘Star ratings’ run from 1 star (lowest) to 5 stars (highest) and are reviewed at the end of every calendar month. The various funds are ranked by their Morningstar™ Risk-Adjusted Return scores and relevant stars are assigned. It is important to note that individual shareclasses of each fund are evaluated separately and their ratings may differ depending on the launch date, fees and expenses relevant to the shareclass. In order to achieve a rating the share class of a fund must have a minimum three-year performance track record.

      The portfolio may change significantly over a short period of time. This is not a buy or sell recommendation for any particular security. Figures may not always sum to 100 due to rounding. 

      For an explanation of statistical terms, please see our glossary.