Capital Group Emerging Markets Local Currency Debt Fund (LUX) A4d
ISIN LU0939082953 / Valor 21692425
Capital Group Emerging Markets Local Currency Debt Fund (LUX) A4d
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General Objective
The fund aims to provide a high level of long-term total return, with current income being a significant component, by primarily investing in local currency denominated government and corporate bonds. The fund also incorporates ESG and norms-based screening for investments in corporate and sovereign issuers.
Fund Exposure
The fund is exposed to emerging markets local currency debt, with a focus on government and agency bonds as well as corporates. The fund has exposure to countries such as Brazil, Indonesia, South Africa, Mexico, and Malaysia. The fund's investment style is actively managed, not in reference to a benchmark.
Risks
Risks associated with this fund include investing in fixed income, emerging markets, and high-yield securities. Emerging markets can be volatile and may face liquidity issues. Additionally, the fund may invest in financial derivative instruments for investment purposes, hedging, and efficient portfolio management, which introduces additional risks such as counterparty and operational risks.
Source
https://www.capitalgroup.com/individual-investors/sg/en/investments/fund-centre.cgemlcdlu.html
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