H2O MultiEmerging Debt

H2O MultiEmerging Debt is global fixed income multi-currency fund benchmarked against a diversified Emerging market index (50% JPM GBI EM DG + 50% EMBIGD). Th ex-ante tracking error is comprised within [0% - 8%].

The main characteristics of H2O MultiEmerging Debt are:

• Sub-fund of H2O Global Strategies, an Irish Collective Asset-Management Vehicle (ICAV), governed by the Irish Central Bank (UCITS 4)
• Daily marked-to-market valuation & liquidity ? Modified duration bracket: 0 to +10
• OECD Government bonds (max % of NAV on purchase): 100%
• OECD Investment Grade non-government bonds: 60% inc. collateralised bonds (ABS & MBS) with minimum AA/Aa2 rating: 20%
• Non-OECD government bonds & OECD Speculative Grade non-government bonds & Non-OECD non-government bonds (idem): 30%
• Maximum OECD & non-OECD currency gross commitment: 500%