Eastspring Investments - Asian Bond Fund - R

USD 13.065
NAV as of 20 Oct 2021
$0.03
Daily $ Change
0.22 %
Daily % Change

Morningstar rating* 30 Sep 2021:

star star star star star
target

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

2012 2013 2014 2015 2016 2017 2018 2019 2020
Returns (%) 0.4 -2.5 7.8 1.6 5.2 5.0 -2.2 11.6 -

Fund facts

Asset class Bond
Class # R
Subscription method Cash
ISIN code LU0865487804
Bloomberg ticker ESABDRU LX
CUSIP L2675P358
Minimum initial investment USD 500.00
Minimum subsequent investment USD 50.00
Inception date 14 Dec 2012
Base currency USD
Initial sales charge None
Annual management fees 0.50%
Ongoing charges ^ 0.84%
Benchmark index JP Morgan Asia Credit Index
Morningstar rating *
30 Sep 2021

Footnote:
* 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.
# R (Accumulating fee-based share class)
R-class shares are not sold directly to investors, but to financial intermediaries that serve investors. The intermediary executes the purchase of the funds on behalf of the investor, as well as the sale and exchange. The Sales Charge may be modified for certain financial intermediaries who submit trades on behalf of eligible investors. As allowed in the Prospectus, Eastspring and the financial intermediaries have agreed to waive the Sales Charge for all purchases for the fee-based R share class. Always consult your financial adviser. For more about charges, see the Prospectus.

Share classes

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