The Colchester Local Markets Real Return Bond Fund

SINGAPORE

Fund Overview

The Colchester Local Markets Real Return Bond Fund aims to generate income and increase the amount invested in a globally diversified portfolio of local currency emerging markets inflation-linked government bonds and currencies.

Portfolio characteristics

  • Higher expected return and volatility relative to developed market inflation-linked government bonds
  • Holdings comprised exclusively of sovereign bonds, supranational, government guaranteed issues and currency forwards
  • No interest rate derivatives used such as futures, interest rate swaps or options
  • Potentially less liquidity than developed market government bonds during times of market stress

May be suitable for investors who want

  • Attractive medium to long term capital growth and income
  • Access to local currency emerging market inflation-linked bonds and are comfortable with higher volatility compared to developed bond markets
  • An allocation that may be less volatile than emerging market equities

Potential Benefits for Investors

  • Opportunity to receive higher income distributions and potentially better capital returns relative to developed market bond funds
  • Daily liquidity - Ability to access funds when needed
  • Greater long term growth in investment principal

Why choose Colchester?

  • One of the most experienced fixed income managers in the local currency emerging market segment
  • Well-established and stable Investment Team
  • Consistent outperformance over the long term
  • A time-tested process that focuses on the real yield and real FX investment framework

Why choose The Colchester Local Markets Real Return Bond Fund?

  • Benefit from the insights of a manager with a proven track record across both the emerging market debt and inflation-linked bond space

Fund Facts

Investment Objective

Unhedged Class – To outperform the benchmark by 1.50% per annum gross of management fees over a full economic cycle of 5 to 7 years in length.


Hedged Class – To outperform the benchmark by 1.25% per annum gross of management fees over a full economic cycle of 5 to 7 years in length.


Although the Investment Manager will endeavour to meet the investment objective, the Investment Manager cannot guarantee it will be met.

BenchmarkBloomberg Barclays Emerging Markets Tradable Inflation-Linked Bond (EMTIL) Index.

The Benchmark will be used for performance measurement purposes.
PricingDaily
Dealing FrequencyDaily
Minimum Initial Subscription & Minimum HoldingI Shares: US$ 3,000,000 or its equivalent in the relevant Class Currency.
R Shares: US$ 1,000 or its equivalent in the relevant Class Currency.
Management FeeI Shares: 0.75% p.a.
R Shares: 0.85% p.a.

The Total Expense Ratio and Ongoing Costs disclosures for each respective share class may be found in the ‘Fees and Charges’ section on the https://www.fundinfo.com/ website.
Buy/Sell Fee

There is no buy/sell spread as the Fund applies a Swing Pricing Mechanism. Please refer to the section entitled “Swing Pricing Mechanism” in the Prospectus of The Colchester Multi-Strategy Global Bond Fund PLC for more information.


Preliminary Charge

If subscribing through an intermediary that (i) has been appointed by a Distributor and (ii) has been authorised in writing by the Distributor to charge a Preliminary Charge, a Preliminary Charge of up to 5% of the amount of the investment in the Fund may, if permitted by law and regulation, be deducted from the amount payable in respect of the subscription at the discretion of the intermediary. No Preliminary Charge is payable if subscribing directly through the Administrator. None of the Investment Manager, Sub-Investment Manager and the Distributors will charge a Preliminary Charge. Investors using nominee services should note that a separate fee may be payable to the provider of such nominee services. The Net Asset Value payable for any Shares shall be exclusive of any Preliminary Charge. The Preliminary Charge is applicable to the R Shares but is not charged to the I Shares.


Switch Charge

A Switch Charge may be imposed which may not exceed 1% of the subscription price for the total number of Shares in the Fund being switched. The Switch Charge, if any, will be deducted at the time of such exchange and paid to the distributors or intermediaries in respect of Shares acquired through them. The Net Asset Value payable for any Shares is exclusive of any Switch Charge. The Switch Charge is applicable to the R Shares but is not charged to the I Shares.

Performance FeeNone

Fund Classes*

SharesCurrencyShare Class TypeISINBloomberg CodeInception DateShare Class Details
IUSD UnhedgedAccumulationIE00BQZJ2H42CGIEMRA ID9/12/11View More
IUSD HedgedAccumulationIE00BQZJ2B89CGIEMRB ID9/12/11View More
SharesCurrencyShare Class TypeISINBloomberg CodeInception DateShare Class Details
IUSD UnhedgedAccumulationIE00BQZJ2H42CGIEMRA ID9/12/11View More
IUSD HedgedAccumulationIE00BQZJ2B89CGIEMRB ID9/12/11View More

*Investors should note that only certain Classes of Shares may have funded and be available for subscription. Investors should contact UCITSTA@colchesterglobal.com if they wish to invest in a class of a Fund not listed here in order to determine whether it is available for subscription.



USD Unhedged Accumulation Class - I Shares (ISIN: IE00BQZJ2H42)*


*All data is net of fees. Investors should note that only certain Classes of Shares may have funded and be available for subscription. Investors should contact UCITSTA@colchesterglobal.com if they wish to invest in a class of a Fund not listed here in order to determine whether it is available for subscription.



*Investors should note that only certain Classes of Shares may have funded and be available for subscription. Investors should contact UCITSTA@colchesterglobal.com if they wish to invest in a class of a Fund not listed here in order to determine whether it is available for subscription.


Download current Factsheet*

*Investors should note that only certain Classes of Shares may have funded and be available for subscription. Investors should contact UCITSTA@colchesterglobal.com if they wish to invest in a class of a Fund not listed here in order to determine whether it is available for subscription.

By submitting this request, you confirm that you are an institutional investor or financial intermediary and are categorised as a “professional investor” as defined in Section 2 of the Alternative Investment Fund Managers Regulations 2013 and Annex II to the Markets in Financial Instruments Directive 2004/39/EC.

Contact us for past fund factsheets

CONTACT US

Colchester Papers.

Meet the Colchester Team.

Watch our recent video insights.

Contact Us

If you have any questions relating to our UCITS funds, performance or holdings or you are representing a new investor wishing to make an initial subscription into our UCITS funds, please contact your usual contact at Colchester Global Investors Limited or email:
UCITSTA@colchesterglobal.com


For all administrative matters relating to our UCITS funds, please contact Northern Trust at colchesterglobal@ntrs.com or via fax at +353 1 542 2902 or via phone on +353 1 434 5110. Northern Trust are responsible for all shareholder transactions (subscriptions, redemptions, switches and transfers), registration amendments and changes to authorised parties, delivery of statements, audit requests and responding to NAV and performance reporting queries.