Register to get unlimited access to all of Citywire’s fund manager database. Registration is free and only takes a minute.

WIP Emerging Markets Fixed Income Fund A USD

Ranked 107 out of 243 in - Emerging Markets Global Hard Currency over 12 months
All calculations are in USD unless stated

Managed by

David Bessey

David Bessey is managing director and head of Prudential Fixed Income’s Emerging Markets team, investing in emerging market debt denominated in both $US and local currencies. Alongside co-manager Cathy Hepworth, he successfully manages the WIP Emerging Markets Fixed Income Fund. Bessey also specializes in the utility and sovereign sectors for the high yield team. From 1994 to 1999, Bessey was a senior portfolio manager for emerging markets portfolios and $US investment grade assets. Previously, he developed asset allocation strategies for insurance portfolios and managed Prudential Financial’s long-term funding book. Prior to joining Prudential Financial in 1989, Bessey was a project manager on various engineering projects in the United States, Asia, and Latin America. Bessey received a B.S. in geological engineering from Cornell University and an MBA in finance from the Sloan School at the Massachusetts Institute of Technology.

Cathy Hepworth

Cathy Hepworth attended Georgetown University in 1984 and New York University in 1993 where she obtained a BSc in Foreign Science and an MBA in Finance respectively. She began her career as an analyst at Golembe Associates in 1984, and later joined Merrill Lynch in 1986 and Bankers Trust in 1986 working as an associate. She joined Oppenheim Pramerica in 1989 and currently co-manages (with David Bessey) the Wip Emerging Markets Fixed Income Fund. Outside of fund management, Cathy enjoys running.

Objective

The investment objective is high current income with capital appreciation. The fund seeks to achieve its objective by investing at least 2/3 of its net assets in a diversified portfolio of transferable debt securities of issuers in emerging markets throughout the world. The remaining assets may be invested in transferable equity and debt securities of corporate and government issuers, preferred stock and in cash equivalents including Money Market Instruments within the limits set forth. The fund may invest all of its assets in lower quality debt securities. It can invest in money market securities and in derivative transactions for hedging and risk management purposes.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Emerging Markets Global Hard Currency over : 31/07/2016 - 31/07/2017
  • Rank 107/243 Total Return
  • Rank 169/243 Standard Deviation
  • Rank 156/243 Max Drawdown
Fund Name Currency Risk
167 Manulife AM Emerging Markets Debt R USD Acc USD

6.8

168 Nordea Invest Engros Emerging Market Bonds

Currency exposure is hedged

Currency exposure is hedged

DKK

6.8

169 WIP Emerging Markets Fixed Income Fund A USD

Currency exposure is hedged

Currency exposure is hedged

USD

6.8

170 Vontobel Fund Emerging Markets Debt B (USD) USD

6.9

171 Aberdeen Global - Select Emer Mkts Bd A2 Acc USD USD

6.9

Fund Name Currency Loss
154 Jyske Invest Nye Obligationsmarkeder

Currency exposure is hedged

Currency exposure is hedged

DKK

-5.8%

155 Jyske Invest Emerging Market Bonds CL USD

-5.9%

156 WIP Emerging Markets Fixed Income Fund A USD

Currency exposure is hedged

Currency exposure is hedged

USD

-5.9%

156 Arca Bond Paesi Emergenti P

Currency exposure is hedged

Currency exposure is hedged

EUR

-5.9%

158 Nordfondo Obbligazioni Paesi Emergenti A USD

-5.9%

Total Return

Quarterly Performance

to 30/06/2017 Annual Q1 Q2 Q3 Q4
2017 5.0% 2.0%
2016 10.9% 4.1% 5.8% 4.9% -4.1%
2015 0.3% 1.8% -0.9% -1.9% 1.3%
2014 6.7% 4.1% 5.6% -1.3% -1.6%
2013 -6.0% -1.7% -6.1% 0.3% 1.5%
2012 20.9% 6.4% 1.6% 7.6% 4.1%
2011 3.6% 1.1% 3.4% -5.2% 4.5%
2010 12.7% 5.7% -0.3% 8.0% -0.9%
2009 38.4% 3.9% 13.5% 14.3% 2.7%
2008 -26.6% -1.8% -0.4% -6.2% -20.0%
2007 5.1% 3.4% 0.7% -0.9% 1.8%
2006 12.2% 3.8% -3.9% 6.1% 6.0%
2005 14.7% -0.3% 6.5% 6.0% 1.9%
2004 14.7% 3.5% -5.9% 9.8% 7.3%
2003 29.5% 7.7% 11.3% 3.5% 4.4%
2002 18.2% 8.0% -1.3% -0.7% 11.7%
2001 9.5% 0.7% 4.7% -3.5% 7.6%
2000 14.0% 6.5% -1.0% 6.4% 1.6%
1999 21.6% 3.3% 6.1% 1.0% 9.8%
1998 4.0%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. France
  4. Germany
  5. Italy
  6. Korea
  7. Luxembourg
  8. Netherlands
  9. Singapore
  10. Spain
  11. Taiwan
  12. United Kingdom

Fund Info

  • Launch date10/09/1998
  • Share Class size13Mn
  • Base currencyUSD
  • ISIN LU0084664241
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment2,500
  • Min. regular additional investment250

Charges

  • Annual management0.85%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in USD).