Eastspring Investments - Asian Bond Fund - Adm

USD 7.379
NAV as of 23 Mar 2023
Daily $ Change
-0.07 %
Daily % Change

Morningstar rating* 28 Feb 2023:

star star star star star

Fund objective

The Fund seeks to generate income by investing in a diversified portfolio consisting primarily of investment grade fixed income securities issued by Asian entities or their subsidiaries. The portfolio consists of securities denominated in US dollars as well as Asian local currencies. The Fund is benchmarked to the JP Morgan Asia Credit Index.

Strategy Team

Wai Mei Leong, CPA

Director – Fixed Income Credits

Wai Mei Leong is a Portfolio Manager in the Fixed Income team and is the Lead Portfolio Manager for Asian hard currency fixed income portfolios, including the Asian Bond and High Yield Bond strategies. Wai Mei joined Eastspring Investments in September 2007 and has over 20 years of investment experience.

Prior to joining Eastspring, Wai Mei held credit related positions as Senior Analyst at the Bank of Nova Scotia Asia Ltd, Commerce International Merchant Bankers (CIMB), Malaysia and ABN AMRO Bank, Singapore.

Wai Mei holds a Postgraduate Diploma (Finance) from Melbourne University and Bachelor of Business (Accounting) from RMIT, Australia. She is a Certified Public Accountant.

Past performance data

2014 2015 2016 2017 2018 2019 2020 2021 2022
Returns (%) 7.1 0.9 4.5 4.4 -2.8 11.0 5.9 -6.4 -19.5

Fund facts

Asset class Bond
Class # Adm
Subscription method Cash
ISIN code LU0428352776
Bloomberg ticker IOFASBA LX
CUSIP L2675B706
Minimum initial investment USD 500.00
Minimum subsequent investment USD 50.00
Inception date 02 Jun 2009
Base currency USD
Initial sales charge Max 3%
Annual management fees 1.00%
Ongoing charges ^ 1.34%
Benchmark index JP Morgan Asia Credit Index
Morningstar rating *
28 Feb 2023

* Rating should not be taken as a recommendation. © 2016 Morningstar. All rights reserved.
^ Ongoing charges vary from year to year and do not include portfolio transaction cost. Ongoing charges are based on annualized expenses for the year ending December 2020.
# Adm (Distributing retail share class)

Share classes

Eastspring Investments - Asian Bond Fund - A, Adm, R