Total returns on $10,000
Objective
The investment seeks long-term total return.
The fund invests at least 80% of the value of its net assets, plus any borrowings for investment purposes, in debt securities that are denominated in the currency of or economically linked to an emerging market country. It will focus on emerging market debt securities denominated in the local currencies. The fund may invest in both investment-grade and high yield securities (commonly referred to as "junk bonds"). It may invest in securities of any maturity. The fund is non-diversified.
Profile
| Fund type | Open Ended Investment Company |
|---|---|
| Investment style (bonds) | Credit Quality: Mid Interest-Rate Sensitivity: Mod |
| Morningstar category | Emerging Markets Bond |
| Launch date | 02/05/2011 |
| Price currency | USD |
| Domicile | United States |
| Symbol | AEDIX |
| Manager & start date | Edwin Gutierrez 02/05/2011 Brett Diment 02/05/2011 Max Wolman 02/05/2011 Kevin Daly 02/05/2011 Viktor Szabó 02/05/2011 |
Investment
| Pricing frequency | Daily |
|---|---|
| Total net assets | 10.84k USDAs of Apr 30 2013 |
| Net expense ratio | 0.90% |
| Front end load | -- |
| Deferred load | -- |
| Redemption fee | 2.00% |
| Min. initial investment | 1,000,000 USD |
| Min. additional investment | -- |
| Initial IRA | -- |
| Additional IRA | -- |
| Available for sale | United States |
Diversification
Asset type
Bond | 88.35% |
|---|---|
Cash | 11.65% |
Other | 0.00% |
Non-US stock | 0.00% |
US stock | 0.00% |
Top 5 sectors
Government | 69.78% |
|---|---|
Cash & Equivalents | 11.65% |
Corporate Bond | 7.41% |
Government Related | 1.90% |
Top 5 Regions
Regional weighting data is unavailable.
Top 5 holdings
| Company | 1 year change | Portfolio weight | Long allocation |
|---|---|---|---|
| Turkey(Rep Of) 10% | -- | 4.67% | |
| Brazil Federative Rep 12.5% | -- | 3.60% | |
| Hungary(Rep Of) 7.75% | -- | 3.53% | |
| Sth Africa(Rep Of) 10.5% | -- | 3.43% | |
| Fed Rep Of Nigeria 15.1% | -- | 3.40% |