LFP Emerging Bonds: Fund Factsheet

To diversify a bond portfolio by harnessing the potential of emerging market bonds. Investment Objective Generate average annual returns superior to the TEC 10 index plus 3% over the recommended investment period (3 years). Investment Strategy Active management is applied this non-benchmarked fund with a focus on emphasising the wide range of emerging market bonds.The discretionary approach includes the management of the duration, yield curve, exchange rates and arbitrage. The credit risk on emerging markets is determined by a fundamental approach along with the analysis of specific technical indicators.The fund is “long only”and does not apply any leverage. Portfolio Managers & Advisors Thomas Fallon Gaël Binot Investment Universe The fund is mainly invested in sovereign bonds, issued on the international or domestic markets by the countries comprising the JP Morgan Emerging Markets Bond Index Global Diversified (circa 40 countries).The fund can also be invested in corporate bonds (maximum 5% of the assets). Management Parameters •Benchmark index: TEC 10 •Investment period: minimum 3 years •Modified duration range: 0 to 8 •Target volatility: 10% •Foreign exchange risk: yes (discretionary hedging). Awards More awards Downloadable documents Prospectus Management Report Performances as of 3/11/2010 Return Since Inception 2010 2009 1-Year Return 3-Year Return 5-Year Return 52-Week Volatility LFP Emerging Bonds 42.05% 4.08% 38.87% 37.90% 19.63% 42.01% 7.12 % JPM EM Bond Index Global Diversified ($) 49.63% 3.30% 29.82% 34.37% 23.14% 50.35% 5.97 % Performance Calculator Key Figures Net Asset Value EUR 1,421.98 AUM EUR 122,254,408.48 Fund Features ISIN Code FR0010227546 Category Obligations Ticker Bloomberg LFPOEMP FP Equity Currency EUR Creation date 18/02/2005 Valuation Frequency Daily