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Description

Asset class
Fixed Income
Investment objective
To provide, over the long term, a high level of total return, of which a large component is current income. The Fund invests primarily in Investment Grade and High Yield Bonds (both sovereigns and corporates), denominated in the local currencies of issuers in Eligible Investment Countries. Securities of Emerging Markets issuers are defined as those: (1) from issuers in Emerging Markets; (2) that are denominated in Emerging Markets currencies; or (3) that are from issuers deemed to be suitable for the Fund because they have or are expected to have significant economic exposure to Emerging Markets (through assets, revenues, or profits). These are usually listed or traded on other Regulated Markets. Unlisted securities may also be purchased. The Investment Adviser also evaluates and applies ESG and norms-based screening to implement a negative screening policy relating to the Fund's investments in corporate issuers and sovereign issuers.

Countries registered
Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Iceland, Ireland, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Portugal, Singapore, South Korea, Spain, Sweden, Switzerland, United Kingdom
Domicile
Luxembourg

As at 30 April 2026 (updated monthly)
Number of Issuers	39
Yield to worstThe lowest possible yield that can be received on a bond that fully operates within the terms of its contract without defaulting.	7.50 %
Total expense ratioA measure of the total costs associated with managing and operating an investment fund. These costs consist primarily of management fees and additional operating expenses, such as custody, fund administration, legal, fund registration, regulatory services and auditor fees, and other related operational expenses. Data is likely to evolve over time and does not constitute a commitment from the management company. Past results are not a guarantee of future results.	0.82 %

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Fund Facts

Fund launch date	10 August 2010
Share class launch date	25 April 2013
Fund size	$ 3,286.09m in base currency
Base currency	USD
Dealing frequency	Daily
Dealing cut off time	1:00pm CET on every Valuation Date
Distribution policyAny income generated from a fund is automatically invested back into it and reflected by an increase in the share price.	Accumulating
IndexThe information in relation to the index is provided for context and illustration only. This fund is an actively managed UCITS. It is not managed in reference to a benchmark index.	JPM GBI-EM Global Diversified
Management fee (pa.)The charges that are collected by the management company in order to compensate the Investment Advisers for their investment advisory services, as well as, where applicable, Distributors and other intermediaries, for services to investors or similar services in relation to investments made with their assistance. Additionally, entry charges may apply according to provisions described in the Prospectus.	0.700 %

Vehicle	SICAV Part 1 (UCITS V)
ISA eligibility	Yes
ISIN	LU0815114979
CUSIP	Not Available
SEDOL	B9FP239
Bloomberg	CAPEMZE LX
Lipper	68208725
WKN	A1T6CH

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Investment team

Luis Freitas de Oliveira Geneva32 years with Capital

Kirstie Spence London30 years with Capital

Research Portfolio Research analysts are allocated part of the fund assets to manage