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NAV

YTD Performance

Fund AUM

Share Class Inception Date

Overall Morningstar Rating™

Morningstar Category™

Fund Highlights

    Risk and Reward Profile

    Lower Risk

    Higher Risk

    Typically Lower Rewards

    Typically Higher Rewards

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    5
    6
    7

    Fund Characteristics

    Management Company
    Investement Manager
    Share Class
    Legal Structure
    Reference Index
    ISIN
    Base Currency
    Bloomberg Ticker

    Fees & Expenses

    Minimum Initial Investment
    Redemption Charge
    Ongoing Charges/TER
    Performance Fee
    Swing Pricing

    For more information about potential charges such as charges relating to excessive trading or market-timing practices please refer to the Fund’s prospectus and the KIID.

    Fund Documents

      Performance

      Illustrative Growth ()

      Illustrative Growth

      Performance

      Illustrative Growth (ILS)

      Illustrative Growth

      The graph compares the performance of a hypothetical investment in the Fund with the Fund’s Reference Index. The total returns are not adjusted to reflect sales charges or the effects of taxation, but are adjusted to reflect actual ongoing fund expenses, and assume reinvestment of dividends and capital gains. If adjusted, sales charges would reduce the performance quoted. The index is an unmanaged portfolio of specified securities and cannot be invested in directly. The index does not reflect any initial or ongoing expenses. A fund’s portfolio may differ significantly from the securities in the index. The index is chosen by the fund manager.

      Index Source: Bloomberg Barclays

      Performance in (%)

      Cumulative (%) Annualised (%)
      1 yr 3 yr 5 yr 10 yr 1 yr 3 yr 5 yr 10 yr Since inception

      Performance in ILS (%)

      Cumulative (%) Annualised (%)
      1 yr 3 yr 5 yr 10 yr 1 yr 3 yr 5 yr 10 yr Since inception

      Calendar year returns in (%)

      Year

      Calendar year returns in ILS (%)

      Year

      PERFORMANCE DATA SHOWN REPRESENTS PAST PERFORMANCE AND IS NOT A GUARANTEE OF, AND NOT INDICATIVE OF, FUTURE RESULTS. More recent performance may be lower or higher. Principal value and returns fluctuate over time (mainly as a result of currency fluctuations) so that shares, when redeemed, will be worth more or less than their original cost. Performance shown is net of all fund expenses, but does not include the effect of sales charges, taxation or paying agent charges, and assumes reinvestment of dividends. If such charges were included, returns would have been lower. Performance for other share classes will be more or less depending on differences in fees and sales charges. For further information on the performance data, including calculation of performance during periods of share class inactivity, please refer to the Fund Factsheet available under Fund Documents section.

      Risk Measures

      1YR 3YR 5YR 7YR 10YR
      Alpha
      Beta
      R-Squared
      Sharpe Ratio
      Fund Standard Deviation
      Index Standard Deviation
      Tracking Error

      Morningstar ratings

      Overall

      3 Year

      5 Year

      10 Year

      The Morningstar Rating is calculated for funds with at least a three-year history. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating for a mutual fund is derived from a weighted average of the performance figures associated with its three-, five- and 10-year (if applicable) Morningstar Rating metrics.

      © 2019 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

      Portfolio

      Allocation

      Portfolio Managers

      Managed the Fund Since Joined the Firm Began Investment Career

      Risks

      Credit risk: Funds investing in debt securities issued by a corporate, bank or sovereign organization are exposed to the possibility that this issuer will not be able to reimburse debt holders (principal and interest payment). In addition, if after acquisition the perceived risk of failure increases, the value of such securities is likely to decrease.
      Geographic concentration risk: Funds that concentrate investments in certain geographic regions may suffer losses, particularly when the economies of those regions experience difficulties or when investing in those regions become less attractive. Moreover, the markets in which the funds invest may be significantly affected by adverse political, economic or regulatory developments.
      Changing Interest Rate risk: The value of fixed income securities held by a fund will rise or fall inversely with changes in interest Rate. When interest Rate decline, the market value of fixed income securities tends to increase. Interest Rate typically vary from one country to the next for reasons including rapid fluctuations of a country’s money supply, changes in demand by businesses and consumers to borrow money, and actual or anticipated changes in the rate of inflation.

      Risk Measure Definitions

      The risk measures below are calculated for funds with at least a three-year history.

      Alpha measures the difference between a fund’s actual returns and its expected performance, given its level of risk (as measured by beta). Alpha is often seen as a measure of the value added or subtracted by a portfolio manager.

      Beta is a measure of a fund’s sensitivity to market movements. A portfolio with a beta greater than 1 is more volatile than the market, and a portfolio with a beta less than 1 is less volatile than the market.

      R-squared reflects the percentage of a fund’s movements that are explained by movements in its benchmark index, showing the degree of correlation between the fund and the benchmark. This figure is also helpful in assessing how likely it is that alpha and
      beta are statistically significant.

      The Sharpe ratio uses standard deviation and excess return to determine reward per unit of risk.

      Standard deviation is a statistical measure of the volatility of the fund’s returns.

      Tracking Error is reported as a standard deviation percentage difference between the performance of the portfolio and the performance of the reference index. The lower the Tracking Error, the more the fund performance resembles to the performance of its reference index.

      The Information Ratio is the difference between the fund’s average annualized performance and that of the reference index divided by the standard deviation of the Tracking Error. The information ratio measures the portfolio manager’s ability to generate excess returns relative to the reference index.