Fund factsheetFundFacts API
Issuer VontobelFigures as of 2026-08-31Generated 3 Oct 2026

Vontobel Fund - Emerging Markets Debt I, USD

LU0926439729UCITS Fund

This actively managed bond fund aims to achieve the best possible investment returns in US dollars. While respecting risk diversification, the fund invests across emerging markets and credit ratings predominantly in hard-currency bonds, notes, and similar interest-bearing securities of sovereign and corporate issuers. The fund may use derivatives to achieve its investment objective.

Growth of 100

10012515017520172019202120232025
Fund174J.P. Morgan EMBI Global Diversified Index154
2015-12 → 2025-12 · rebased to 100

Key facts

TER0.79%
Fund sizeUSD 6,227.08m
Inception2013-05-15
Holdings268
CurrencyUSD
DistributionAccumulating

Top holdings

  1. 016.9% Ecuador 31.07.2035 FRN Reg-S Senior2.10%
  2. 025.95% Costa Rica 27.04.2033 Reg-S Senior2.00%
  3. 033.5% Argentina 09.07.2041 FRN Senior1.90%
  4. 046.25% BOAD 14.10.2040 Reg-S Senior1.70%
  5. 056.625% Cote d'Ivoire 22.03.2048 Reg-S Senior1.70%
  6. 068.2% BOAD 13.02.2055 FRN Reg-S Subordinated1.60%
  7. 074% Ukraine 01.02.2032 FRN Senior1.50%
  8. 085.875% Saudi Arabia 12.01.2056 Reg-S Senior1.30%
  9. 095.5% Eag Fun Lux 17.08.2030 Senior1.20%
  10. 108.875% Cameroon 30.01.2033 Senior1.20%

Sectors

50%Sovereign
  • Sovereign49.6%
  • Quasi-sovereign28.8%
  • Corporates9.6%
  • Supranational6.6%
  • Cash + Forwards3.3%
  • Bond Fund1.0%
  • 1.1% not disclosed

Countries

  1. Others52.9%
  2. Mexico7.4%
  3. Saudi Arabia7.3%
  4. Supranational6.9%
  5. Turkey5.0%
  6. Argentina4.4%
  7. United Arab Emirates4.2%
  8. Indonesia3.9%
  9. Ecuador3.8%
  10. Cash + Forwards3.3%

Asset allocation

50%Sovereign
  • Sovereign49.6%
  • Quasi-sovereign28.8%
  • Corporates9.6%
  • Supranational6.6%
  • Cash + Forwards3.3%
  • Bond Fund1.0%
  • 1.1% not disclosed

Credit quality

  1. BBB30.0%
  2. BB20.6%
  3. B19.3%
  4. AA12.8%
  5. CCC6.4%
  6. NR3.9%
  7. Cash + Forwards3.3%
  8. A2.0%
  9. C0.5%
  10. AAA0.2%

Risk & profile

1
2
3
4
5
6
7
Lower risk · lower rewardHigher risk · higher reward
USD High-Yield Bond, Moderate Duration
ConcentrationDiversifiedRegionGlobal · Others tiltCreditLowRate sensitivityModerate

Calendar-year returns

+12.7%2016+17.0%2017−6.5%2018+14.8%2019+1.4%2020+1.0%2021−19.9%2022+14.3%2023+13.8%2024+14.9%2025
Fund J.P. Morgan EMBI Global Diversified Index

Annualised returns

PeriodFundIndexDiff
1 Year+9.30%+8.00%+1.30%
3 Years p.a.+13.90%+10.00%+3.90%
5 Years p.a.+3.90%+2.20%+1.70%
Since Inception+83.00%+62.90%+20.10%

Risk & valuation metrics

Volatility 3y6.7%
Sharpe 3y1.38
Yield to maturity7.1%
Duration6.0
Avg. ratingBB+
Equity / bond0 / 1

Figures as of 2026-08-31. Data from FundFacts API; not investment advice.