PrivilEdge
JPMorgan Emerging Markets Local Currency Bond

PrivilEdge - JPMorgan Emerging Market Local Currency Bond fund is an actively managed strategy mainly investing in local currency bonds issued by sovereign and quasi-sovereign issuers and offers exposure to local rates and currencies. It is benchmarked against the JP Morgan GBI-EM Global Diversified Constrained index. The fund has also the flexibility to invest up to 20% in emerging market corporate bonds denominated in local currencies to benefit from the yield pick-up versus sovereigns and quasi-sovereigns. The fund is managed by JP Morgan, a top-tier global asset manager. The core of the process is based on a four-pillar approach (rates, FX, frontier, options) driving the risk allocation coupled to the use of the JP Morgan’s fundamental research backing the securities selection. Investment decisions are implemented by the portfolio managers team.