Lazard Emerging Markets Local Debt Fund BP Acc USD
ISIN IE00BF33KY43 / Valor 39545152
Lazard Emerging Markets Local Debt Fund BP Acc USD
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General Objective
The Lazard Emerging Markets Local Debt Fund aims to enhance returns over developing market fixed income by outperforming the JP Morgan GBI-EM Global Diversified (Unhedged) Index over a market cycle with slightly lower tracking error.
Fund Exposure
This fund is primarily exposed to emerging markets local debt, with investments in lower-rated bonds that increase the risk of default on repayment and the risk to capital. The fund's portfolio includes country weights in South Africa, Colombia, Peru, Indonesia, and Czech Republic.
Risks
Investors should be aware that there is no capital guarantee or protection of the value of the fund. The value of the investment and the income from it can fluctuate, and there is a risk of not getting back the amount originally invested. Additionally, investing in emerging markets may result in greater volatility, delays in transactions, and risks associated with less developed political, economic, and legal systems.
Source
https://www.lazardassetmanagement.com/de/en_uk/funds/ucits-funds/lazard-emerging-markets-local-debt-fund/f408/s130/?shareClass=6621
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