Fundsupermart.com
Licensed dealer and Financial Adviser   CPFIS Registered Investment Administrator
  • Home
  • Tools & Fund News
  • Factsheets

ING (L) RF EM DEBT HC X EUR HEDGE

INVESTMENT OBJECTIVE

The aim of this Sub-Fund to make diversified investments, mainly (minimum 2/3 of the portfolio) in transferable securities and fixed income money market instruments issued by public or private issuers in low or middle-income developing countries. These countries are often referred to as the “emerging markets”. The majority of investments are to be carried out in South and Central America (including the Caribbean), Central Europe, Eastern Europe, Asia, Africa and the Middle East.

More specifically, investments will be made in countries where the manager is able to assess the specific political and economic risks and in countries that have undertaken certain economic reforms and which have reached certain growth objectives.

It is stipulated that any liquid assets held on an ancillary basis will not be taken into account when calculating the above-mentioned limit of two thirds. This Sub-Fund aims to beat the performance of the Benchmark JP Morgan MBI Global Diversified.

The Sub-Fund may also invest, on an ancillary basis, in other transferable securities (including warrants on transferable securities up to a maximum of 10% of the Sub-Fund’s net assets), money market instruments, Rule 144A transferable securities, units of UCITS and other UCIs and deposits as described in PART III of the Luxembourg Prospectus. However, investments in UCITS and UCIs may not exceed a total of 10% of the net assets.

With a view to achieving the investment objectives, the Sub-Fund may also use derivative financial instruments including, but not limited to, the following: (i) options and futures on transferable securities or money market instruments; (ii) futures and options on stock exchange indices;(iii) futures, options and interest rate swaps; (iv) performance swaps; (v) forward currency contracts, currency futures contracts and transactions, currency call and put options, and currency swaps; and (vi) derivative financial instruments linked to credit risks, namely credit derivatives, such as credit default swaps, indices and baskets of securities.

View Fund Manager ING INVESTMENT MANAGEMENT

FUND INFO

Asset Class Fixed Income
Sector General
Geographical Allocation Emerging Markets
Included under CPFIS OA No
Included under CPFIS SA No
Included under SRS Yes
CPF Risk Classification NA
FSM Risk Rating 5 - Moderate Risk
Latest NAV Price EUR 4349.54 (April 22, 2014)
Fund Size EUR 1,469.92 million
Launch Date July 28, 2003
Launch Price -

All funds are based on forward pricing basis. The only exceptions are Cash Fund and Philip Money Market which are based on historical pricing.

A link to the semi-annual/annual reports will be emailed to investors by Fundsupermart.com. Investors using CPF and SRS (Non-IA holdings) may also receive hard copies of the semi-annual/annual reports by post from the fund house.

Dividend Info

Historical Dividend -
Frequency -
Cash Investment -
SRS/CPFIS Investment -

The declaration of distribution is at the sole discretion of the Fund Manager and is not guaranteed. The dividend information is for your reference only.

Investment Information

Min. Initial Amount SGD 1,822.30/EUR 1,000.00
Min. Subsequent Amount SGD 182.23/EUR 100.00
Min. RSP Investment SGD 250.00
Min. Redemption AmountEUR 100.00
Min. Holding EUR 1,000.00
RSP Special List No

Relevant Charges

FUND CHARGES

Annual Expense Ratio *
1.91% (as of September 30, 2013)
Annual Management Charge
1.5%
Annual Management Charge (Mother Fund)
-
Other Significant Fees
Please refer to information on fees in the Prospectus/Product Highlight Sheet.
*Source: Fund's Semi-Annual or Annual Report
Fund charges have been factored into the fund's NAV and investors do not need to pay additional charges.

Fundsupermart's Earnings

FSM Sales Charge
0.2%
RSP Sales Charge
Permanently at 0%
FSM Switching Charge(Same Tier)
0.0%
FSM Switching Charge(Lower-Tier to Higher-Tier)
0.5% (subject to a minimum of SGD10 per transaction)
Platform Fee (as % of AUM)
0.05% per quarter (Cash/SRS investment only)

FUND PERFORMANCE

Offer to Bid Returns

Period 1 YR 2 YR 3 YR 4 YR 5 YR 10 YR since inception
SGD (%) 3.2 4.2 - - - - -
EUR (%) -5.2 2.3 - - - - -
SGD performance figures (as of March 31, 2014):Last updated on April 7, 2014
EUR performance figures (as of March 31, 2014):Last updated on April 7, 2014

The performance figures in the table above are calculated using offer-to-bid prices, with any income or dividends reinvested. Performance figures of over 1 year are annualised. (Eg. A 33.1% gain in 3 years works out to a 10% gain per year when annualised.) As per MAS regulations, the offer price is based on the normal sales charge which is higher than Fundsupermart's discounted sales charge.


Bid to Bid Returns

Period 1 wk 1 MTH 3 MTH 6 MTH YTD 1 YR 2 YR 3 YR 5 YR 10 YR
SGD (%) 0.1 1.36 3.33 6.65 3.43 5.68 8.61 - - -
EUR (%) -0.3 2.78 3.42 3.76 4.26 -1.18 5.35 - - -
SGD performance figures (as of April 17, 2014):Last updated on April 23, 2014
EUR performance figures (as of April 17, 2014):Last updated on April 23, 2014

The performance figures in the table above are calculated using bid-to-bid prices, with any income or dividends reinvested. Performance figures of over 1 year are annualised.(Eg. A 33.1% gain in 3 years works out to a 10% gain per year when annualised.)

CALENDAR YEAR RETURNS

Calendar Year 2013 2012 2011 2010 2009
ING (L) RF EM Debt HC X EUR Hedge (%) 2.57 15.1 - - -
The performance figures in the table above are calculated using bid-to-bid prices, with any income or dividends reinvested and in SGD.

3 yr Annualised Volatility - (SGD) - (EUR)
3 yr Sharpe ratio - (SGD) - (EUR)
The above figures (as of April 22, 2014):Last updated on April 23, 2014

FUND HISTORICAL PRICE

Period 1 yr high 1 yr low 3 yr high 3 yr low All time high All time low
Price (SGD) 7,530.65 6,645.45 - - 7,530.65 5,995.96
Price (EUR) 4,456.65 3,970.29 - - 4,456.65 3,454.84

Historical prices shown are the NAV prices. The "All time high" and "All time low" prices are the highest and the lowest NAV prices from the first dealing date since inception and the latest available dealing date respectively.

FUND HOLIDAYS

The table below shows the fund holidays for this fund within the next 10 business days.
Singapore
May 1, 2014 (Labour Day)
Fund Holiday
There are no upcoming fund holidays for this fund.

  • For Singapore Public Holidays and Fund Holidays declared by individual fund managers, there will not be pricing made. Fund pricing will resume on the following business day.
  • The above fund holidays are based on the latest information provided by the individual fund managers. Omissions may occur in the event that Fundsupermart is not informed on time.


This fact sheet is compiled by fundsupermart.com from the individual fund management company's public information material, and meant for information only. Whilst all attempts have been made by fundsupermart.com to present the information accurately and completely, it is inevitable that mistakes and omissions occur. Readers are advised to read the prospectus before making any investment decision. It is important that you read our disclaimers.
Switch to desktop view Switch to mobile view