A research-driven and environmental, social, and governance (ESG) focused emerging markets (EM) opportunities solution with an emphasis on downside protection*. We seek to generate attractive returns over cash through the cycle by identifying the best risk-adjusted opportunities from the full spectrum of emerging markets debt (EMD).
* Capital still at risk.
SFDR Product Information*
Read more about SFDR including information on our Article 8 and 9 funds
*Sustainable Finance Disclosure Regulation
Fund (not by share class)
Objective: The Fund invests in the full spectrum of Macquarie’s EMD capabilities and aims to provide investors with an excess return over cash through the cycle.
| Fund inception date | 11 September 2020 |
| Asset class | Fixed Income |
| Currencies available | USD/GBP |
| Fund type | SICAV |
| SFDR | Article 8 |
SICAV Umbrella Documentation
USSC – Closing of Liquidation (15 December 2022)
GMAAR - Closing of Liquidation (30 September 2022)
ARMBS - Closing of the Liquidation (30 March 2021)
Swing Pricing and RBC Outsourcing (24 December 2020)
Change of share class name of all sub-fund & risk warning of CNS (15 January 2018)
Fee changes: UCITS V (1 December 2016)
Change in depository fees (9 September 2016)
Cut-off, change to Class C shares and reduced ManFee (2 November 2015)
Fund Documentation
Related Insights
Risks:
- Fixed income securities and bond funds can lose value, and investors can lose principal, as interest rates rise. They also may be affected by economic conditions that hinder an issuer’s ability to make interest and principal payments on its debt.
- The investment may also be subject to prepayment risk, the risk that the principal of a bond that is held by a portfolio will be prepaid prior to maturity, at the time when interest rates are lower than what the bond was paying. A portfolio may then have to reinvest that money at a lower interest rate.
- International investments entail risks including fluctuation in currency values, differences in accounting principles, or economic or political instability. Investing in emerging markets can be riskier than investing in established foreign markets due to increased volatility, lower trading volume, and higher risk of market closures. In many emerging markets, there is substantially less publicly available information and the available information may be incomplete or misleading. Legal claims are generally more difficult to pursue.
- Fluctuations in exchange rates between various foreign currencies may cause the value of the investment to decline. The market for some (or all) currencies may from time to time have low trading volume and become illiquid, which may prevent the Strategy from effecting positions or from promptly liquidating unfavourable positions in such markets, thus subjecting the investment to substantial losses.
- IBOR risk is the risk that changes related to the use of the London interbank offered rate (LIBOR) or similar rates (such as EONIA) could have adverse impacts on financial instruments that reference these rates. The abandonment of these rates and transition to alternative rates could affect the value and liquidity of instruments that reference them and could affect investment strategy performance.
- The disruptions caused by natural disasters, pandemics, or similar events could prevent the Strategy from executing advantageous investment decisions in a timely manner and could negatively impact the Strategy’s ability to achieve its investment objective and the value of the Strategy’s investments.