We are delighted to announce that the EI Sturdza Strategic Quality Emerging Bond Fund, advised by Portfolio Manager Eric Vanraes is celebrating its 1st anniversary. During a challenging first year in terms of the macro environment, the Fund has returned a solid 4.09% to investors (USD Class).
The Fund invests predominantly in high-quality emerging market bonds (Sovereign and Corporates with minimum rating BB/Ba2) and is actively managed and benchmark agnostic, with risk management being a key driver; focusing on high quality and liquid investments. The objective of the Fund is to achieve a total return through a combination of capital growth and income.
At present the Fund maintains an active weighting towards Government issues, as well as those linked to materials, energy and financials and favours investments in Russia, India, China and Hungary.
Eric Vanraes, Portfolio Manger of the Fund comments:
“My first thought is for our investors, who decided one year ago to trust us and to follow us on this great adventure! My second thought is for the entire staff of EI Sturdza and the Board of Directors who managed the set-up of this project and the Fund on a day to day basis; this is a collective success!"
“I also take the opportunity to congratulate Pascal Perrone, the Deputy Fund Manager in charge of Risk Management. Without a state-of-the-art risk model, tested under real conditions since July after the failed coup in Turkey, it would have been impossible to retain our DNA - high quality and liquidity - and to achieve our goals - low volatility and sound performance."
“This anniversary is only the first step. High-quality Emerging Markets have a bright future and the Fund is the perfect vehicle to participate in their development.”
For further information please click here: Strategic Quality Emerging Bond Fund.