Morningstar Fund Report  | 23/04/2025Print

Goldman Sachs Emerging Markets Debt Local Portfolio A Acc USD

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Goldman Sachs Emerging Markets Debt Local Portfolio A Acc USD
Fund-8.5-1.15.6-2.9-0.2
+/-Cat-1.3-2.6-0.9-1.4-1.2
+/-B’mrk----3.3-1.1
 
Category: Global Emerging Markets Bond - Local Currency
Category Benchmark: Morningstar EM Govt Bd LCCY...
Key Stats
NAV
22/04/2025		 USD 10.56
Day Change 0.84%
Morningstar Category™ Global Emerging Markets Bond - Local Currency
ISIN LU0302283246
Fund Size (Mil)
22/04/2025		 USD 744.76
Share Class Size (Mil)
22/04/2025		 USD 1.08
Max Initial Charge -
Ongoing Charge
14/02/2025		  2.06%
Investment Objective: Goldman Sachs Emerging Markets Debt Local Portfolio A Acc USD
The Portfolio seeks total returns consisting of income and capital appreciation by investing primarily in fixed income securities of Emerging Markets government and corporate issuers, denominated in their local currencies.
Returns
Trailing Returns (GBP)22/04/2025
YTD-1.65
3 Years Annualised2.07
5 Years Annualised-0.08
10 Years Annualised0.88
12 Month Yield 0.00
Management
Manager Name
Start Date
Angus Bell
31/10/2016
Inception Date
29/06/2007

Category Benchmark
Fund BenchmarkMorningstar Benchmark
JPM GBI-EM Global Diversified TR USDMorningstar EM Govt Bd LCCY GR USD
Portfolio Profile for  Goldman Sachs Emerging Markets Debt Local Portfolio A Acc USD28/02/2025
Fixed Income
Effective Maturity-
Effective Duration5.95
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.550.72-0.17
Bond361.08269.7391.35
Property0.000.000.00
Cash24.1915.498.70
Other0.000.000.00
Growth Of 1000 (GBP) 31/03/2025
Fund:  Goldman Sachs Emerging Markets Debt Local Portfolio A Acc USD
Category:  Global Emerging Markets Bond - Local Currency
Category Index:  Morningstar EM Govt Bd LCCY GR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-5.797.55-0.22-8.54-1.155.58-2.94-0.17
+/- Category-3.360.440.30-1.29-2.64-0.90-1.38-1.22
+/- Category Index-------3.25-1.06
% Rank in Category9155377484717195
Trailing Returns (GBP)22/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.84   0.600.89
1 Week0.23   -0.120.04
1 Month-1.85   0.090.26
3 Months-4.60   -0.81-0.66
6 Months-1.14   -0.43-0.85
YTD-1.65   -1.08-0.63
1 Year-1.99   -0.85-2.29
3 Years Annualised2.07   -1.12-1.15
5 Years Annualised-0.08   -1.14-1.09
10 Years Annualised0.88   -1.45-2.17
 
Category: Global Emerging Markets Bond - Local Currency
Category Index: Morningstar EM Govt Bd LCCY GR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-0.17---
2024-2.25-1.932.05-0.79
20230.700.550.443.82
2022-5.280.194.030.13
2021-9.043.27-0.74-1.91
2020-11.5610.89-3.615.54
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearBelow AverageBelow Average2 star
5-YearBelow AverageAverage2 star
10-YearLowAbove Average1 star
OverallBelow AverageAverage2 star
 
Category :  Global Emerging Markets Bond - Local CurrencyClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev5.36 %
3-Yr Mean Return2.34 %
 
3-Yr Sharpe Ratio-0.31
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar EM Govt Bd LCCY GR USD  Morningstar EM Govt Bd LCCY GR USD
3-Yr Beta1.021.02
3-Yr Alpha-1.14-1.14
 
Fixed Income Style28/02/2025
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)USD 722
Maturity Distribution %
1 to 342.91
3 to 511.13
5 to 710.93
7 to 106.17
10 to 156.85
15 to 201.24
20 to 300.60
Over 300.03
Effective Maturity-
Effective Duration5.95
Credit Quality Breakdown %     %
AAA9.03   BB24.55
AA4.32   B0.00
A16.01   Below B0.00
BBB45.85   Not Rated0.23
 
Category: Global Emerging Markets Bond - Local Currency
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock0.550.72-0.17
Bond361.08269.7391.35
Property0.000.000.00
Cash24.1915.498.70
Other0.000.000.00
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings54
Total Number of Bond Holdings184
Assets in Top 10 Holdings31.32
NameSectorCountry% of Assets
Goldman Sachs Plc Us Treasu Gs Us Tre... -6.57
India (Republic of) 7.1%India3.66
Mexico (United Mexican States) 8.5%Mexico3.64
Indonesia (Republic of) 9%Indonesia2.76
South Africa (Republic of) 8.25%South Africa2.70
South Africa (Republic of) 9%South Africa2.59
Colombia (Republic Of) 13.25%Colombia2.51
Colombia (Republic Of) 7%Colombia2.35
Mexico (United Mexican States) 10%Mexico2.31
Chile (Republic Of) 5.8%Chile2.24
 
Increase Decrease New since last portfolio
Category: Global Emerging Markets Bond - Local Currency
 
Management
Name of CompanyGoldman Sachs Asset Management B.V.
Phone+31-703781781
Websitehttps://am.gs.com/
AddressPrinses Beatrixlaan 35
 Den Haag   2595 AK
 Netherlands
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date29/06/2007
Fund Advisor(s)
Goldman Sachs Asset Management International
Fund ManagerAngus Bell
Manager Start Date31/10/2016
Career Start Year2005
 
Biography
Angus is a member of the Fixed Income and Multi-Sector investment team and is responsible for analysing macro-economic activity in Australia and internationally and focuses on the portfolio management and ongoing research for our multi-asset strategies — Income Plus and Diversified Growth. Angus is also a member of the Multi Asset Strategy Group. Angus joined the firm in 2005. Before his current role, Angus worked as an Analyst in the Adviser Service team. Angus holds a Graduate Diploma of Applied Finance from the Financial Services Institute of Australasia and a Bachelor of Science (Physiotherapy). Angus is accredited by the Securities and Derivatives Industry Association (SDIA).
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.60%
Ongoing Charge2.06%
Purchase Details
Minimum Investments
Initial3000  GBP
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes