Capital Group Emerging Markets Local Currency Debt Fund (LUX) Z GBP
ISIN: LU0815115190 | MEX: CAAABK | CITI: F82L
This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Click here for more information.
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Price Change -0.31940%
Past Performance
- 29th Apr 2020 to 29th Apr 20213.51%
- 29th Apr 2021 to 29th Apr 2022-4.32%
- 29th Apr 2022 to 29th Apr 20239.04%
- 29th Apr 2023 to 29th Apr 20244.59%
- 29th Apr 2024 to 29th Apr 20250.54%
Objectives and Approach
The fund seeks to provide a high level of long-term total return, of which current income is a significant component, by investing primarily in local currency denominated government and corporate bonds. The fund also evaluates and applies ESG and norms-based screening to implement a negative screening policy relating to investments in corporate and sovereign issuers.
Key Information
| Inception | 10th Aug 2010 |
| Historic Yield | 0% |
| Sector | IA Global EM Bonds - Local Currency |
| Fund Size | £1776.408mn |
| Fund Type | SICV |
| Classification | Accumulation |
Charges
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Total Ongoing Charges
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing. |
1.2044% |
| Initial Charge | 0% |
| AMC | 0.75% |
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Our Platform Charge We charge a platform fee of 0.30%. Our charges are shown on our rates and charges sheet |
0.30% |
Cost and Charges Information
This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product
Account Type
Annual charges
These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate
| Cost Category | % of Investment | lump sum costs |
|---|---|---|
Our annual fee
Our annual feeIncludes our platform fee at 0.30% per annum (excluding Charles Stanley Multi Asset Funds and anycash held). The min fee is £60, the max is £600 per annum, plus SIPP administration fee (if applicable, only charged if < £30,000 held) – see here |
0.30% | |
Dealing charges
Dealing chargesAny one-off commission charges associated with investing. Note that government taxes and levies are not included. This does not include any commission credits you may have available |
N/A | |
Product provider costs
Product provider costsProduct provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs |
1.2044% | |
Total (£)
Total (£)Costs per annum displayed in monetary value |
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Total (%)
Total (%)Costs per annum displayed as a percentage of investment value |
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Cumulative effect of charges on your investment's return
This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges
| lump sum invested with an assumed growth rate of | 1 year | years |
|---|---|---|
What you might get back at with no charges applied
What you might get back at with no charges appliedThese are the illustrative values of a investment after growth and no costs applied at the end of the defined period |
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Annual charges
Annual chargesThese are the annual costs based on an initial investment amount of assuming a net zero growth rate |
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Effect of charges on return (%)
Effect of charges on return (%)These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate |
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Effect of charges on return (£)
Effect of charges on return (£)These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate |
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What you might get back at with charges applied
What you might get back at with charges appliedThese are the illustrative values of a investment after growth and costs at the end of the defined period |
This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use
Performance
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Chart Options
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This fund's IA Sector (IA Global EM Bonds - Local Currency)
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Current Comparators -
Cumulative Performance
1 month 3 months 6 months 1 year 3 years 5 years -0.11% -2.39% 0.86% 0.54% 14.65% 13.54%
Important Information
Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.
The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.
Composition
View Fund Allocation by:
Important Documents
The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.
The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured.
208,564 bytes PDF Document; last updated 31 Mar 2025
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Management Team
Research Portfolio Kirstie Spence Luis Freitas de Oliveira
Research Portfolio
has managed this fund for 6 months.
N/A
Manager Cumulative Performance v Peer Group
All funds managed by Research
Kirstie Spence
has managed this fund for 13 years and 8 months.
Kirstie Spence is a fixed income portfolio manager at Capital Group. She also serves on the Capital Group Management Committee. She has 28 years of investment industry experience, all with Capital Group. Earlier in her career at Capital, Kirstie was a fixed income investment analyst and her coverage included sovereign debt in emerging markets with a focus on Europe, the Middle East, Africa and Latin America, as well as European telecommunications as a credit analyst. Kirstie began her career at Capital as a participant in The Associates Program, a two-year series of work assignments in various areas of the organization. She holds a master's degree with honors in German and international relations from the University of St. Andrews, Scotland. Kirstie is based in London.
Manager Cumulative Performance v Peer Group
All funds managed by Kirstie
| Name of Security | Sole/Co | Managed Since |
|---|---|---|
| Capital Group EMDtL | Co | Jun 2011 |
| Capital Group GHIOL | Co | Jun 2021 |
| Capital Group NewWdL | Co | Dec 2019 |
| Capital Group GHIOL | Co | Jun 2021 |
| Capital Group GHIOL | Co | Jun 2021 |
| Capital Group EMLCcyDt | Co | Aug 2011 |
| Capital Group EMDtL | Co | Jun 2011 |
| Capital Group GHIOL | Co | Jun 2021 |
| Capital Group NewWdL | Co | Dec 2019 |
| Capital Group GHIOL | Co | Jun 2021 |
| Capital Group GHIOL | Co | Jun 2021 |
Luis Freitas de Oliveira
has managed this fund for 4 years and 8 months.
Luis Freitas de Oliveira is a portfolio manager at Capital Group. He is chair of Capital International Sàrl and serves on the Global Solutions Committee. He has 35 years of investment industry experience and has been with Capital Group for 30 years. Earlier in his career, as an equity investment analyst at Capital, Luis covered financial institutions in emerging markets. Before joining Capital, he was a corporate banker for Citibank N.A. in Brazil. He holds an MBA from INSEAD, France, and a bachelor's degree in economics from the Federal University of Minas Gerais, Brazil. Luis is based in Geneva.
Manager Cumulative Performance v Peer Group
All funds managed by Luis Freitas de
| Name of Security | Sole/Co | Managed Since |
|---|---|---|
| Capital Group EMTlOpL | Co | Feb 2008 |
| Capital Group EMDtL | Co | Feb 2021 |
| Capital Group GHIOL | Co | Nov 2023 |
| Capital Group GHIOL | Co | Nov 2023 |
| Capital Group EMTlOpL | Co | Feb 2008 |
| Capital Group GHIOL | Co | Nov 2023 |
| Capital Group EMLCcyDt | Co | Aug 2020 |
| Capital Group EMDtL | Co | Feb 2021 |
| Capital Group GHIOL | Co | Nov 2023 |
| Capital Group EMTlOpL | Co | Feb 2008 |
| Capital Group GHIOL | Co | Nov 2023 |
| Capital Group GHIOL | Co | Nov 2023 |