Postbank
GLOBAL EMERGING MARKETS
LU0316846921
| Structure | UCITS V Luxembourg |
| Total NAV Size | 16 839 363,09 |
| Benchmark | MSCI EM Index |
| Liquidity | Daily |
| Management Company | Eurobank FMC-LUX |
| Investment Manager | Eurobank Asset Management MFMC |
| Custodian/Administrator | Eurobank Private Bank Luxembourg S.A. |
| Auditor | KPMG |
| Distributor in Bulgaria | Postbank AD |
The investment objective of the Sub-Fund is to invest its assets primarily in units of UCITS and/or other UCIs which mainly invest in equity securities of companies that are traded 1) Emerging Markets and/or 2) Frontier Markets in equity securities of companies that derive a significant portion of their income in those respective markets. Target UCIs may be open-ended Exchange Traded Funds (ETF’s). Secondarily the Sub-Fund may invest in units of UCITS and/or other UCIs as above that mainly invest in equity securities of companies that operate in the same geographic regions including Latin America, Greater China, Asia ex. Japan and Eastern Europe. Additionally the Sub-Fund may invest in units of UCITS and/or other UCIs that invest in bank deposits and money market instruments and transferable debt securities.
The Sub-Fund has a high-risk profile and is addressed to investors who want high return potentials through participating in a fund whose assets are invested in a diversified portfolio of units of various UCITS, and seek to benefit from their active management.
The defining events for emerging markets in the fourth quarter were the US presidential elections and the strengthening of the US Dollar that ensued. The stronger dollar, the concerns about the effect on trade of new tariffs by the incoming US administration and the absence of a new massive fiscal stimulus package by Chinese authorities led to a correction in Emerging Markets. The decline was more pronounced in USD terms. During the quarter ending 31/12 the MSCI Emerging Markets (-1.01%) underperformed the MSCI World All Countries Index (+6.45%) in Euro terms. Among the Emerging Markets Taiwan, Saudi Arabia, Turkey outperformed in Euro terms. The main underperformers were Brazil, South Korea, South Africa, Mexico. The Dollar appreciated against the Euro gaining +7.77% during the same period, with the ECB Ref. set at 1.0389 on 31/12.
(LF) Fund of Funds Global Emerging Markets had an average equities exposure of 94.1% (between 95.0% and 92.9%). Average exposure in China was 30.3%, in India 17.6%, in Taiwan 17.8%, in South Korea 9.7%, in Brazil 3.1%, in Turkey 3.8%, in Mexico 1.2% while in Greece the average exposure was 2.6%. Our main overweight positions were China and Taiwan, and the main underweight positions were South Korea, Brazil and Mexico. The exposure in India was increased however to overweight in November.
Cumulative Returns
-
+ 6,83%
YTD
-
+ 6,83%
1 Y
-
- 8,94%
3 Y
-
11,32%
5 Y
Annual Returns
-
2024
+ 6,83%
-
2023
+ 3,00%
-
2022
- 17.24%
-
2021
+ 9.62%
-
2020
+ 11.51%
-
2019
+ 17.31%
-
2018
- 10.87%
-
2017
+ 13.56%
-
2016
+ 7.34%
-
2015
- 2.04%
-
2014
+ 7.28%
Key Characteristics
| Class | Postbank |
| Currency | EUR |
| Inception date / Initial offering period | 18.12.2007 |
| Assets (class currency) | 710 557,71 |
| NAV | 1,0403 |
| ISIN | LU0316846921 |
| Bloomberg ticker: | LFFOFBR LX |
|
MorningStar Rating
© 2024 Morningstar UK. All Rights Reserved. Morningstar Ratings as of 31/12/2024. The information contained herein: (1) is property to Morningstar, (2) may not be copied (save (i) as incidentally necessary in the course of viewing it on-line, and (ii) in the course of printing off single copies of web pages on which it appears for the personal non-commercial use of those authorised to view it on-line), adapted or distributed; and (3) is not warranted to be accurate, complete or timely. This Morningstar - sourced information is provided to you by Eurobank Ergasias and is at your own risk. You agree that Morningstar is not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user. Eurobank Ergasias SA informs you as follows: (i) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (ii) past performance is no guarantee of future results, and (iii) the value and income derived from investments can go down as well as up.
|
3-Star |
| Entry fee | 2% |
| Redemption fee depending on the duration of the investment period |
0% > 2 years
1% ≤ 2 years
|
| Conversion fee | no conversion fee applies |
| Redemption scheme | T+5 |
| Recommended holding period | 5 years |
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Risk Statistics
Standard Deviation calculations have been performed using a data sample of the last 12 month. The VaR analysis is based on the Historical Simulation method using the 99th percentile as confidence interval and historical data of the last 12 months. The VaR level refers to the one month VaR.
-
Standard Deviation
12.88%
-
VaR
9.94%
(LF) Fund of Funds - GLOBAL EMERGING MARKETS
LU0316846921 (EUR)
Geographical Allocation
10 Major Holdings
(LF) Funds of Funds portfolios breakdown is based on individual Third Parties Funds analysis provided by external sources which Eurobank Asset Management MFMC is not able to confirm and/or reproduce.
| SCHRODER ISF-TAIWANESE EQUITY(C$-ACC) | 13,14% |
| FF - CHINA FOCUS FUND (Y$-ACC) | 12,74% |
| GS INDIA EQ IUSDA | 11,48% |
| FRANKLIN TEMPLETON INDIA-I ACC USD | 10,52% |
| SCHRODER INTL GREATER CHINA (C$-ACC) | 9,53% |
| JPMF - KOREA EQUITY FUND (C$) | 9,09% |
| EURIZON EQUITY CHINA A-Z | 8,16% |
| JPM ASEAN EQUITY (EUR) (C€-ACC) | 4,68% |
| TAIWAN SEMICONDUCTOR SP ADR | 3,52% |
| LF) EQUITY - GREEK EQTY FUND (ERB I €) | 3,04% |
This is a marketing material. Please refer to Prospectus of the Fund and Key Information Document before making any final investment decision.
UCITS DO NOT HAVE A GUARANTEED RETURN AND PREVIOUS PERFORMANCE DOES NOT GUARANTEE FUTURE RETURNS.
Contact:
Eurobank Fund Management Company (Luxemburg) S.A.
Eurobank Asset Management M.F.M.C.
Индикатор риск/печалба по европейските регулации
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1 и 2
-
3, 4 и 5
-
6 и 7
Обичайно
по-ниска печалба
Обичайно
по-висока печалба
-
Всеки фонд е разпределен в определена рискова категория - от 1 до 7, като 1 е най-ниското, а 7 е най-високото ниво на риск.
-
Тази категория се определя от нивото на волатилност за последните 5 години.
-
Волатилност е величина, която измерва колебанията в цените на даден фонд.
-
aha test
Следната таблица показва зависимостта между волатилността и стойността на индикатор риск/печалба:
| Индикатор | Интервали на волатилност |
|---|---|
| 1 | 0% - 0.49% |
| 2 | 0.5% - 1.99% |
| 3 | 2% - 4.99% |
| 4 | 5% - 9.99% |
| 5 | 10% - 14.99% |
| 6 | 15% - 24.99% |
| 7 | ≥ 25% |