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Mainfirst - Em Markets Corp Bond Fund Bal A2 EUR

Ranked 2 out of 11 in - Emerging Markets Global Corporates over 12 months
All calculations are in EUR unless stated

Managed by

Cornel Bruhin

Cornel Bruhin has over 25 years of experience in the financial industry having started out on the fixed income sales team at CSFB. After 20 years at CSFB he joined Clariden Leu (formely Bank Hoffman) where he is currently a portfolio manager running emerging market bond strategies.

Dorothea Fröhlich

Dorothea Fröhlich joined MainFirst AM in August 2012 as a portfolio manager for emerging markets. She joined from Clariden Leu where she was co-manager for some emerging market bond funds. Prior to this Dorothea worked for IFC Metropo in Moscow as an analyst and in sales. Her career began in 2005 at UBS in Zurich. She holds a Msc in Economics and Finance from the University of Geneva. Dorothea spent some time studying in Russia and one semester in Beijing. She is CFA charterholder.

Thomas Rutz

Thomas Rutz has been a portfolio manager at MainFirst Asset Management since October 2012. Previously, Thomas was head of the emerging markets department at Clariden Leu. He joined Clariden Leu in 2003 and became responsible for economic research in 2006. Prior to that, he spent 6 years at ABB Capital B.V. in Zurich and Singapore as deputy chief trader and 2 years as chief dealer capital markets at the Bank of Bermuda Ltd. Between 1985 and 1994, Thomas held various proprietary trading related positions in bonds, rates, derivatives and currencies at UBS in Zurich, London, New York, Chicago and Hong Kong. Thomas started his career with the Graduates Training Program at UBS.

Objective

The sub-fund's objective is to increase the value of its assets by investing in various debt instruments. Fund will primarily invest in fixed and variable interest debt instruments which are issued by corporate issuers who are either from emerging countries or which have their registered office in emerging country. Fund may also invest in instruments from issuers with their registered office in non-emerging countries, however whose revenues stem mostly from an emerging country or which primarily sell to emerging countries.

Showing fund performance in Liechtenstein View performance globally

Performance

Emerging Markets Global Corporates over : 31/07/2016 - 31/07/2017
  • Rank 2/11 Total Return
  • Rank 10/11 Standard Deviation
  • Rank 6/11 Max Drawdown
Fund Name Currency Return
1 MainFirst - Emerging Markets Credit Opps A2 EUR C EUR

10.9%

2 Mainfirst - Em Markets Corp Bond Fund Bal A2 EUR EUR

8.8%

3 CS (Lux) Emerging Market Corporate Bond Fund IBHE

Currency exposure is hedged

Currency exposure is hedged

EUR

6.0%

4 Aberdeen Global - Emerging Mkts Corp Bd I2 Acc EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

5.6%

5 JPM Emerging Markets Corporate Bond C Acc EUR Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

4.2%

Fund Name Currency Risk
7 CS (Lux) Emerging Market Corporate Bond Fund IBHE

Currency exposure is hedged

Currency exposure is hedged

EUR

3.9

8 Pictet-Emerging Corporate Bonds-HI EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

4.0

9 GAM Multibond - Emerg Mkts Corporate Bd-EUR A

Currency exposure is hedged

Currency exposure is hedged

EUR

4.1

10 Mainfirst - Em Markets Corp Bond Fund Bal A2 EUR EUR

5.0

11 MainFirst - Emerging Markets Credit Opps A2 EUR C EUR

5.1

Fund Name Currency Loss
4 MainFirst - Emerging Markets Credit Opps A2 EUR C EUR

-2.3%

5 Aberdeen Global - Emerging Mkts Corp Bd I2 Acc EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.7%

6 Mainfirst - Em Markets Corp Bond Fund Bal A2 EUR EUR

-2.8%

7 UBS (Lux) Bond S - Emerg Econ Corp (USD)(EURh) P-a

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.2%

8 Pictet-Emerging Corporate Bonds-HI EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.2%

Total Return

Quarterly Performance

to 30/06/2017 Annual Q1 Q2 Q3 Q4
2017 4.0% 0.9%
2016 14.2% 2.4% 6.5% 5.2% -0.4%
2015 -3.0% 1.8% 3.0% -8.3% 0.9%
2014 -0.2% 2.1% 5.6% -1.0% -6.5%
2013 1.3% 2.1% -4.9% 1.6% 2.7%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Finland
  4. France
  5. Germany
  6. Italy
  7. Liechtenstein
  8. Luxembourg
  9. Netherlands
  10. Norway
  11. Spain
  12. Sweden
  13. Switzerland
  14. United Kingdom

Fund Info

  • Launch date12/10/2012
  • Share Class size10Mn
  • Base currencyEUR
  • ISIN LU0816909369

Purchase Info

  • Min. initial investment2,500
  • Min. regular additional investment0

Charges

  • Annual management1.20%

Related News

Unloved commodities have ‘incredible’ value, says EMD veteran

MainFirst’s Cornel Bruhin believes companies are being unduly punished for being in the ‘wrong sector’ and canny investors could profit.

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