GAM Julius Baer Multibond Local Emerging Bond
  • Fund Manager  
    Paul Mc Namara
  • Currency  
    EUR
  • Sector  
  • Fund Type  
    Open Ended
  • Fund Size  
    €4,323.84m
  • Launch Date  
    28/04/2000
  • Lipper Total Return  

The fund invests primarily in bonds issued by debtors in emerging markets and/or which are denominated in or pegged to the respective local currency. Particular attention is currently paid to ensuring a broad diversification of currencies. The fund is suitable for investors with a high risk tolerance as an additional basis in a globally diversified portfolio. The additional diversification effect results, in particular, from the low correlation to the global equity markets.

Paul McNamara is an Investment Director, and is the lead manager on emerging market bond and currency long only and hedge fund strategies. Mr McNamara joined GAM following its acquisition of the fixed income and foreign exchange specialist, Augustus, in May 2009 where he started managing most of the funds he runs to date. Mr McNamara joined Augustus (then Julius Baer Investments Limited) in 1997 from the Export Credits Guarantee department of the UK Government Economic Service, where he was an economist. He began his career as a lecturer. Mr McNamara holds an MSc in Economics from the London School of Economics. He is based in London.

Performance

1 Year 3 Year 5 Year
Julius Baer Multibond Local Emerging Bond Fd USD C 2.86% 9.44% 2.99%
Figures correct as at 30/08/17
As at 30/08/17
Collected - HLDG Top Holdings as at 30/09/2016
HLDG Top Holdings % of fund
US TREASURY 0.000% 09-NOV-2017
5.01%
COLOMBIA 31-AUG-2026
4.02%
MEXICO 8.500% 31-MAY-2029
3.77%
INDONESIA 8.375% 15-MAR-2024
3.77%
SOUTH AFRICA 10.500% 21-DEC-2026
3.48%
BRAZIL 10.000% 01-JAN-2021
3.37%
MEXICO 8.000% 07-DEC-2023
3.35%
BRAZIL 10.000% 01-JAN-2023
2.94%
SOUTH AFRICA 7.000% 28-FEB-2031
2.81%
MEXICO 10.000% 05-DEC-2024
2.37%

Fees

Charge Amount Rating
Total Expense Ratio1.30
Data provided by Lipper. Care has been taken to ensure that the information is correct, but PIP Financial neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.