Emerging Market Passive US Currency Government Bond Fund
Unit-Linked Life Insurance
Emerging Market Passive US Currency Government Bond Fund
Fund codeXPAD
Fund codeXPAD
Fund aim
Fund characteristics
Fund facts
Fund size | £1,903.1m |
Base currency | GBP |
Domicile | United Kingdom |
Share class launch | 10/04/12 |
Modified duration | 6.79 years |
Gross redemption yield (unhedged) | 6.59% |
Benchmark
J.P. Morgan Emerging Markets Bond Index (EMBI) Global Diversified
Performance
Portfolio breakdown
As at 31 Dec 2023
Top 10 holdings | 4.7% |
---|---|
Rest of portfolio | 95.3% |
No. of issuers in fund | 166 |
---|---|
No. of issuers in index | 165 |
Top 10 holdings (%)
Kuwait Govt Intl Bd3.5% 20 Mar 27 | 0.7 |
Uruguay Govt Intl Bd 5.1% 18 Jun 50 | 0.6 |
Argentine Govt Intl Bd 3.625% 09Jul35 | 0.5 |
Qatar Govt Intl Bd5.103% 23 Apr 48 | 0.5 |
Qatar Govt Intl Bd4.817% 14 Mar 49 | 0.4 |
Poland Govt Bond 4.875% 04 Oct 33 | 0.4 |
Argentine Govt Intl Bd 0.75% 09 Jul 30 | 0.4 |
Petronas Capital 4.55% 21 Apr 50 | 0.4 |
Uruguay Govt Intl Bd 4.975% 20 Apr 55 | 0.4 |
Peruvian Govt Intl Bd 2.783% 23 Jan 31 | 0.4 |
Country (%)
Mexico | 5.1 |
Saudi Arabia | 4.9 |
Indonesia | 4.9 |
Turkey | 4.6 |
United Arab Emirates | 4.5 |
China | 4.1 |
Qatar | 3.6 |
Brazil | 3.4 |
Chile | 3.3 |
Other | 61.6 |
Top 10 holdings | 4.7% |
---|---|
Rest of portfolio | 95.3% |
No. of issuers in fund | 166 |
---|---|
No. of issuers in index | 165 |
Top 10 holdings (%)
Kuwait Govt Intl Bd3.5% 20 Mar 27 | 0.7 |
Uruguay Govt Intl Bd 5.1% 18 Jun 50 | 0.6 |
Argentine Govt Intl Bd 3.625% 09Jul35 | 0.5 |
Qatar Govt Intl Bd5.103% 23 Apr 48 | 0.5 |
Qatar Govt Intl Bd4.817% 14 Mar 49 | 0.4 |
Poland Govt Bond 4.875% 04 Oct 33 | 0.4 |
Argentine Govt Intl Bd 0.75% 09 Jul 30 | 0.4 |
Petronas Capital 4.55% 21 Apr 50 | 0.4 |
Uruguay Govt Intl Bd 4.975% 20 Apr 55 | 0.4 |
Peruvian Govt Intl Bd 2.783% 23 Jan 31 | 0.4 |
Country (%)
Mexico | 5.1 |
Saudi Arabia | 4.9 |
Indonesia | 4.9 |
Turkey | 4.6 |
United Arab Emirates | 4.5 |
China | 4.1 |
Qatar | 3.6 |
Brazil | 3.4 |
Chile | 3.3 |
Other | 61.6 |
Years to maturity (%)
0 - 5 Years | 35.7 |
5 - 10 Years | 28.7 |
10 - 15 Years | 5.2 |
15 - 20 Years | 5.1 |
20 - 25 Years | 10.7 |
25 - 30 Years | 11.2 |
30 - 40 Years | 2.9 |
40+ Years | 0.6 |
Credit rating (%)
AA | 6.8 | |
A | 16.1 | |
BBB | 30.5 | |
BB | 21.6 | |
B | 17 | |
CCC | 4.1 | |
CC | 1.7 | |
C | 0.9 | |
DDD | 1.3 | |
D | 0.1 |
Currency (%)
USD | 100.0 |
All data source LGIM unless otherwise stated. Totals may not sum due to rounding. In order to minimise transaction costs, the Fund will not always own all the assets that constitute the index and on occasion it will own assets that are not in the index.
Fund managers
LGIM Index Fund Management Team
The Index Fund Management team comprises 25 fund managers, supported by two analysts. Management oversight is provided by the Global Head of Index Funds. The team has average industry experience of 15 years, of which seven years has been at LGIM, and is focused on achieving the equally important objectives of close tracking and maximising returns.
Literature
Document type
Prices
Units can be purchased, sold or switched on a designated dealing day. This fund is offered on a weekly close, daily close, or daily midday basis. Further information is available in the relevant operational procedures sheet and the Description of Funds.
Download full price history
Download full price history
Download full price history
Download full price history
Download full price history
Download full price history