Morningstar Fund Report  | 01/04/2025Print

CT Emerging Market Bond Fund Retail Income

Performance History28/02/2025
Growth of 1,000 (GBP) Advanced Graph
CT Emerging Market Bond Fund Retail Income
Fund-1.7-6.64.27.22.4
+/-Cat1.1-1.00.00.50.2
+/-B’mrk0.1-0.90.03.1-0.2
 
Category: Global Emerging Markets Bond
Category Benchmark: Morningstar EM Sov Bd GR USD
Key Stats
NAV
31/03/2025		 GBP 0.47
Day Change -0.04%
Morningstar Category™ Global Emerging Markets Bond
IA (formerly IMA) Sector Global Emerging Markets Bond - Hard Currency
ISIN GB0002365608
Fund Size (Mil)
28/02/2025		 GBP 70.03
Share Class Size (Mil)
31/03/2025		 GBP 1.23
Max Initial Charge 3.75%
Ongoing Charge
24/01/2025		  1.50%
Investment Objective: CT Emerging Market Bond Fund Retail Income
The Fund aims to provide income with the prospect of some capital growth over the long term. It looks to outperform the J.P. Morgan Emerging Market Bond Index Global (EMBI Global) over rolling 3-year periods, after the deduction of charges. The Fund is actively managed, and invests at least two thirds of its assets in bonds issued by governments (or quasi-government entities) of Emerging Market countries and companies which are domiciled or have significant business operations in such countries.
Returns
Trailing Returns (GBP)31/03/2025
YTD-1.07
3 Years Annualised3.38
5 Years Annualised3.00
10 Years Annualised3.46
12 Month Yield 5.54
Dividend Paying Frequency Half-yearly
Management
Manager Name
Start Date
Adrian Hilton
03/10/2020
Inception Date
19/12/1997

Category Benchmark
Fund BenchmarkMorningstar Benchmark
JPM EMBI Global TR GBPMorningstar EM Sov Bd GR USD
Portfolio Profile for  CT Emerging Market Bond Fund Retail Income28/02/2025
Fixed Income
Effective Maturity-
Effective Duration6.69
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond91.950.0091.95
Property0.000.000.00
Cash16.708.648.05
Other0.000.000.00
Growth Of 1000 (GBP) 28/02/2025
Fund:  CT Emerging Market Bond Fund Retail Income
Category:  Global Emerging Markets Bond
Category Index:  Morningstar EM Sov Bd GR USD
Growth of 1,000 GBP
Annual Returns (GBP)28/02/2025
 201820192020202120222023202428/02
Price Return-2.289.422.97-1.73-6.654.167.202.41
+/- Category-1.961.720.301.15-0.99-0.050.530.16
+/- Category Index-4.51-0.58-0.090.09-0.870.043.07-0.18
% Rank in Category7737443857495239
Trailing Returns (GBP)31/03/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.04   -0.19-0.44
1 Week-0.41   -0.03-0.23
1 Month-3.40   -0.47-0.44
3 Months-1.07   -0.41-0.62
6 Months3.75   -0.181.47
YTD-1.07   -0.41-0.62
1 Year3.63   -0.240.98
3 Years Annualised3.38   -0.880.86
5 Years Annualised3.00   -0.101.35
10 Years Annualised3.46   -0.60-0.59
 
Category: Global Emerging Markets Bond
Category Index: Morningstar EM Sov Bd GR USD
Quarterly Returns (GBP)28/02/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20242.330.34-0.454.88
2023-1.62-0.990.586.31
2022-6.69-4.254.100.37
2021-6.013.362.66-1.47
2020-10.0215.55-1.820.88
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageAverage3 star
5-YearAverageAverage3 star
10-YearAverageAverage3 star
OverallAverageAverage3 star
 
Category :  Global Emerging Markets BondClick here to see our Methodology
Volatility Measurements28/02/2025
 
3-Yr Std Dev6.54 %
3-Yr Mean Return5.06 %
 
3-Yr Sharpe Ratio0.16
 
Modern Portfolio Statistics28/02/202528/02/2025
 Standard IndexBest Fit Index
 Morningstar EM Sov Bd GR USD  JPM EMBI Plus TR USD
3-Yr Beta0.940.86
3-Yr Alpha0.66-0.26
 
Fixed Income Style28/02/2025
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)GBP 70
Maturity Distribution %
1 to 37.68
3 to 512.11
5 to 713.82
7 to 1019.20
10 to 1515.59
15 to 204.16
20 to 3024.27
Over 301.10
Effective Maturity-
Effective Duration6.69
Credit Quality Breakdown %     %
AAA6.65   BB20.10
AA5.21   B9.10
A9.35   Below B9.99
BBB37.51   Not Rated2.11
 
Category: Global Emerging Markets Bond
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock0.000.000.00
Bond91.950.0091.95
Property0.000.000.00
Cash16.708.648.05
Other0.000.000.00
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings0
Total Number of Bond Holdings134
Assets in Top 10 Holdings19.70
NameSectorCountry% of Assets
Argentina (Republic Of) 4.125%Argentina3.14
Colombia (Republic Of) 3%Colombia2.72
DP World Ltd. 6.85%United Arab Emirates2.14
Romania (Republic Of) 3%Romania2.03
Turkey (Republic of) 6%Turkey1.88
Qatar (State of) 4%Qatar1.78
Corporacion Nacional del Cobre de Chi... Chile1.68
Colombia (Republic Of) 7.375%Colombia1.51
Saudi Arabia (Kingdom of) 3.75%Saudi Arabia1.43
Turkey (Republic of) 5.125%Turkey1.39
 
Increase Decrease New since last portfolio
Category: Global Emerging Markets Bond
 
Management
Name of CompanyThreadneedle Investment Services Ltd
Phone44-20-7464-5000
Websitewww.columbiathreadneedle.com
AddressCannon Place, 78 Cannon Street
 London   EC4N 6AG
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date19/12/1997
Fund Advisor(s)
Threadneedle Asset Management Ltd.
Fund ManagerAdrian Hilton
Manager Start Date03/10/2020
Career Start Year2000
Education
2000, University of Birmingham, B.A.
 
Biography
Adrian Hilton is Head of Emerging Market Debt within the Fixed Income team at Columbia Threadneedle Investments. He joined the company in 2016 as a portfolio manager in the Interest Rates & Currencies team, assuming leadership of the team a year later. He became Head of Emerging Market Debt in 2020. Prior to this, Adrian spent eight years as a portfolio manager at Brevan Howard Asset Management, where he traded emerging markets local rates and currencies. Previously, he worked for Aberdeen Asset Management as a portfolio manger in that firm’s global rates team. Adrian began his career at
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge3.75%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.35%
Ongoing Charge1.50%
Purchase Details
Minimum Investments
Initial2000  GBP
Additional1000  GBP
Savings-
Tax Free Savings Schemes
ISAsYes