IECAX : Ivy Pictet Emerging Markets Local Currency Debt Fund Class A

IECAX is a Bond Market High Yield Bond with HIGH fees.

IECAX

Ivy Pictet Emerging Markets Local Currency Debt Fund Class A

FI Score

20 /100

Expense Ratio Rating

3 /10

Expense Rating

0 /10

Market Score

3 /10

Category Score

0 /10

Market Size

3 /10

20% FI Score
  • iecax
  • Mutual Fund
  • Bond
  • High Yield Bond

Ivy Pictet Emerging Markets Local Currency Debt Fund Class A

Expenses: 1.21% (Better than 0% of similar funds)

This is a bad choice for a High Yield Bond Bond fund. See why ยป

Fund Summary

The investment seeks to provide total return through a combination of current income and capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets in debt securities that are denominated in local currencies of emerging market countries, as well as derivative instruments that provide investment exposure to such debt securities. It is non-diversified.

Largest Holdings

Amount Holding
5.95% Thailand (Kingdom Of) 3.85%
4.10% Malaysia (Government Of) 4.392%
2.75% Brazil Notas do Tesouro Nacional
2.60% Thailand Government Bond
2.30% Indonesia Government Bond
2.25% Brazil Notas do Tesouro Nacional
2.22% Republic of South Africa
2.14% Russia Government Bond
1.77% Indonesia Government Bond
1.74% Mexico (United Mexican States) 7.25%
1.66% Republic of South Africa
1.64% Russia Government Bond
1.62% Secretaria Tesouro Nacional 0%
1.26% China (People's Republic Of) 3.25%
1.23% Czech Republic Government Bond
1.19% Russia Government Bond
1.13% Republic of South Africa
1.05% The Republic of Peru 6.35%
1.02% Colombian TES
0.99% Indonesia Government Bond
0.99% Hungary (Republic Of) 3%
0.98% Turkey Government Bond
0.97% Republic of South Africa
0.97% Poland Government Bond
0.96% Hungary Government Bond

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