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Gramercy Local Emerging Market Debt I Acc GBP

Ranked 57 out of 199 in - Emerging Markets Global Local Currency over 12 months
All calculations are in USD unless stated

Managed by

Jeffrey Grills

Jeffrey Grills is co-head of Gramercy’s Emerging Market Debt group alongside Gunter Heiland having joined the group in May 2010. He spent 16 years at JP Morgan Asset Management from 1993 spending two years with the Structured Derivatives Group before moving to the Fixed Income Group. In Fixed Income, he served as an analyst in the Quantitative Research Group focusing on portfolio construction and risk analysis. He then transitioned to a portfolio manager role for the Global Extend Markets (GEM). Jeffrey holds a BS in mathematics and economics from Duke University and is a CFA Charterholder.

Gunter Heiland

Gunter Heiland is a partner at Gramercy with over 28 years of investment experience and is co-head of the EMD group. He is responsible for all management and investment decisions of Gramercy’s long-only EMD strategies. He manages sector specific strategies which invest in a broad range of EMD opportunities including USD Sovereign, EM Local, EM Corporate, EMD High Yield Corporate and a blended fund. Mr. Heiland is a member of the Investment Committee and the Asset Allocation Committee and he is Chairman of the Board of Directors for Gramercy Investment Funds PLC (the umbrella Fund for all UCITS sub-funds). Prior to joining Gramercy in May 2010, Mr. Heiland was a portfolio manager and co-head of the EMD team at JPMorgan Asset Management where he worked for 12 years. Before joining JPMorgan, he spent eight years at Salomon Brothers, starting in systems, graduating from the Sales and trading program and then joining the Government Desk. Mr. Heiland received a BS in computer science from Rensselaer Polytechnic Institute.

Objective

The investment objective of the Fund is to achieve a high total return comprised of income, currency and capital appreciation. As the Fund will invest at least 80% of its Net Asset Value in Emerging Markets and may invest a substantial portion of its assets in securities rated below Investment Grade, the Net Asset Value of the Fund may have a relatively high level of volatility and investors should note that an investment in the Fund should not constitute a substantial portion of an investment portfolio and may not be appropriate for all investors.

Performance

Emerging Markets Global Local Currency over : 30/06/2017 - 30/06/2018

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 4.6% -10.6%
2017 14.2% 7.1% 2.2% 3.8% 0.5%
2016 8.8% 9.0% 2.8% 2.2% -5.0%
2015 -15.0% -4.3% -0.9% -10.4% 0.1%
2014 -7.0%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Ireland

Fund Info

  • Launch date17/09/2014
  • Share Class size35Mn
  • Base currencyGBP
  • ISIN IE00BQ1TCM35

Purchase Info

  • Min. initial investment1Mn
  • Min. regular additional investment0

Charges

  • Initial investment0

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