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Aktia Em Mrkt Local Currency Bond+ D

Ranked 87 out of 202 in - Emerging Markets Global Local Currency over 12 months
All calculations are in USD unless stated

Managed by

Timo Leinonen

Timo Leinonen is a portfolio manager at Aktia Asset Management, where he is responsible for emerging markets FX and government bonds. He joined the firm in 2011 and prior to that, he worked at Stora Enso, where he was responsible for FX and risk trading. He has more than 14 years’ experience in the financial industry and graduated from the Helsinki School of Economics with an MSc in Economics, majoring in Finance.

Jetro Siekkinen

Jetro Siekkinen is head of the emerging market debt group at Aktia Asset Management, where he is responsible for emerging market local currency funds and discretionary mandates. Prior to joining the firm in 2006, Siekkinen worked at Skandinaviska Eskilda Banken. With more than 20 years of investment experience, he graduated with an MSc in Economics, minoring in Statistics and Mathematics.

Objective

The fund is a bond fund that invests its assets globally mainly in fixed income instruments or money market instruments issued or guaranteed by governments in local value. The Fund seeks to hedge against inflation by investing at least 25% of the assets in inflation linked bonds issued in emerging market local currencies.

Performance

Emerging Markets Global Local Currency over : 31/08/2017 - 31/08/2018

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 4.4% -11.4%
2017 14.6% 7.8% 2.7% 3.3% 0.3%
2016 13.2% 9.6% 2.5% 4.3% -3.4%
2015 -14.3% -6.0% 0.0% -9.5% 0.7%
2014 -4.7% 0.0% 5.5% -5.7% -4.3%
2013 -7.7% -0.2% -9.1% 2.5% -0.7%
2012 18.9% 8.1% -0.8% 5.9% 4.7%
2011 -3.7% 1.5% 4.6% -11.3% 2.3%
2010 12.9% 4.7% -4.2% 11.5% 1.0%
2009 23.9% -4.9% 15.4% 9.5% 3.1%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Finland

Fund Info

  • Launch date06/10/2008
  • Base currencyEUR
  • ISIN FI0008813571

Purchase Info

  • Min. initial investment1Mn
  • Min. regular additional investment0

Charges

  • Annual management0.73%
  • Initial investment0.73%

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