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Emerging Local Currency Debt UCITS Fund Price Chart

About Emerging Local Currency Debt UCITS Fund

This fund aims to deliver attractive total return by investing primarily in local currency-denominated emerging market debt. It allocates the portfolio across local currency emerging market sovereign and quasi-sovereign debt, providing exposure to both EM rates and currencies. The strategy employs Pictet's emerging markets debt research with active country, duration, and FX positioning, focused on identifying attractive local currency opportunities. Through emerging markets local currency bond investment emphasizing yield and FX exposure, the fund provides differentiated EM debt exposure with embedded currency participation, appropriate for fixed income investors seeking EM local currency participation.

Key Information

Minimum Investment $50
Net Asset Value (NAV) $197.43
Expense ratio 1.57%
AMC Pictet Am (europe) (lu)
Domicile Luxembourg (LU)
Exit Load 0.00%
Assets Under Management (AUM) $3.5B
Inception date June 27, 2006
Share Class P
Settlement Period T+3 days

Emerging Local Currency Debt UCITS Fund Returns

Time Frame Absolute Annualised
1-Year Return +6.31% +6.31%
3-Year Return +23.82% +7.37%
5-Year Return +13.62% +2.58%
10-Year Return +22.66% +2.06%
All Time Return +97.43% +3.43%

Holding Distribution

  • Government Bond 95.93%
  • Cash 1.70%
  • Corporate Bonds 1.33%
  • Other 1.03%
  • Options 0.40%
  • Futures 0.00%
  • Government 69.97%
  • Other 17.83%
  • Financials 1.01%
  • Real Estate 0.86%
  • Consumer Staples 0.18%
  • Industrials 0.00%
  • Mexico (MEX) 12.17%
  • India (IND) 11.72%
  • South Africa (ZAF) 9.83%
  • Brazil (BRA) 8.53%
  • Indonesia (IDN) 8.19%
  • Malaysia (MYS) 8.00%
  • Colombia (COL) 7.17%
  • Poland (POL) 6.38%
  • Thailand (THA) 3.63%
  • Romania (ROU) 3.44%
  • United States (USA) 3.30%
  • Turkey (TUR) 3.06%
  • China (CHN) 2.74%
  • Hungary (HUN) 2.58%
  • Peru (PER) 2.28%
  • Egypt (EGY) 1.64%
  • Czech Republic (CZE) 1.60%
  • Hong Kong (HKG) 0.88%
  • Luxembourg (LUX) 0.81%
  • EUR 0.68%
  • Chile (CHL) 0.51%
  • Netherlands (NLD) 0.42%
  • Singapore (SGP) 0.28%
  • Uruguay (URY) 0.15%
  • Switzerland (CHE) 0.07%
  • Ghana (GHA) 0.02%
  • Canada (CAN) 0.01%
  • Germany (DEU) 0.00%
  • Spain (ESP) 0.00%
  • Belgium (BEL) 0.00%
  • Philippines (PHL) 0.00%
  • Australia (AUS) 0.00%
  • New Zealand (NZL) 0.00%
  • Sweden (SWE) 0.00%
  • France (FRA) 0.00%
  • Japan (JPN) 0.00%
  • South Korea (KOR) 0.00%
  • Finland (FIN) 0.00%
  • Norway (NOR) 0.00%
  • United Arab Emirates (ARE) 0.00%
  • Indian Rupee (INR) 14.05%
  • Mexican Peso (MXN) 10.00%
  • Malaysian Ringgit (MYR) 9.48%
  • Polish Złoty (PLN) 8.55%
  • Thai Baht (THB) 8.14%
  • South African Rand (ZAR) 7.53%
  • Chinese Yuan (CNY) 7.45%
  • Brazilian Real (BRL) 7.21%
  • Indonesian Rupiah (IDR) 5.61%
  • Colombian Peso (COP) 5.47%
  • Czech Koruna (CZK) 4.71%
  • NGN 3.56%
  • Peruvian Sol (PEN) 3.14%
  • Turkish Lira (TRY) 3.05%
  • Romanian Leu (RON) 3.03%
  • Egyptian Pound (EGP) 2.24%
  • Chilean Peso (CLP) 2.06%
  • Euro (EUR) 1.67%
  • Hungarian Forint (HUF) 1.33%
  • Uruguayan Peso (UYU) 0.15%
  • Japanese Yen (JPY) 0.12%
  • Philippine Peso (PHP) 0.02%
  • South Korean Won (KRW) 0.02%
  • GHS 0.02%
  • British Pound (GBP) 0.02%
  • Israeli Shekel (ILS) 0.00%
  • New Zealand Dollar (NZD) 0.00%
  • Hong Kong Dollar (HKD) 0.00%
  • Norwegian Krone (NOK) 0.00%
  • Danish Krone (DKK) 0.00%
  • Ois_lch_usd_sofrrate_20.05.2028 13.6%
  • Ndirs_lch_krw_4.0450%_20.05.2028 13.1%
  • Ois_lch_jpy_mutkcalm_16.09.2028 12.8%
  • Irs_lch_zar_7.3090%_16.09.2028 7.0%
  • Ndirs_lch_cny_1.4500%_16.09.2028 6.0%

Investment Calculator

Yr
%
Invested $1,908
Expected returns $4,018
Total Value $5,926

Scheme Documents

FAQ

What is Emerging Local Currency Debt UCITS Fund NAV today?

The latest Net Asset Value (NAV) of Emerging Local Currency Debt UCITS Fund is $197.43 as of the most recent trading day.

Can Indian residents invest in Emerging Local Currency Debt UCITS Fund?

Yes. Indian residents can invest in this UCITS fund via Vested under the RBI Liberalised Remittance Scheme (LRS).

What is the minimum investment for Emerging Local Currency Debt UCITS Fund?

You can start investing in this fund with as little as $50.

What is the expense ratio of Emerging Local Currency Debt UCITS Fund?

The fund has an expense ratio of 1.57%.

How to invest in Emerging Local Currency Debt UCITS Fund from India?

  1. Sign up and complete your KYC on Vested.
  2. Add funds via LRS from your bank account.
  3. Search for the fund and place your order.

Is there a lock-in period or exit load?

This fund has no lock-in period and no exit load, though standard settlement of T+3 days applies.

What currency risks should I be aware of?

The fund is denominated in USD. Returns in INR terms are also affected by USD-INR currency movement in addition to fund performance.

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