Investment Objective
Closely track the performance of FTSE Emerging Markets USD Investment-Grade Corporate Bond ex-China 5+ Years Capped Index.
Fund Characteristic
The FTSE Emerging Markets USD Investment-Grade Corporate Bond ex-China 5+ Years Capped Index measures the performance of investment-grade US Dollar-denominated debt issued by corporations domiciled in over 60 emerging markets and with a remaining maturity of at least five years. It also excludes Chinese issuers and imposes a maximum country weight of 10% to limit individual market exposure.
Principal Investment Strategy
Portfolio is rebalanced once per month on the last business day of the month.
Top Ten Holdings
| No. |
Stock Code |
Stock Name |
Weighting |
| 1 |
USY68856AV83 |
PETMK 4.55 04/21/50 |
1.66% |
| 2 |
XS2352862119 |
ARAMCO 2.694 06/17/31 |
1.48% |
| 3 |
USY68856AT38 |
PETMK 3 1/2 04/21/30 |
1.20% |
| 4 |
US279158AN94 |
ECOPET 6 7/8 04/29/30 |
1.16% |
| 5 |
US91911TAH68 |
VALEBZ 6 7/8 11/21/36 |
1.06% |
| 6 |
US86964WAF95 |
SUZANO 6 01/15/29 |
1.00% |
| 7 |
US279158AJ82 |
ECOPET 5 7/8 05/28/45 |
0.99% |
| 8 |
XS2124187571 |
GAZPRU 3 1/4 02/25/30 |
0.97% |
| 9 |
XS2291819980 |
GAZPRU 2.95 01/27/29 |
0.96% |
| 10 |
XS1807299331 |
KZOKZ 6 3/8 10/24/48 |
0.95% |
Source: FTSE Fixed Income LLC Data as of 2021.09.30
