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Which EM fixed income funds are the most and least expensive?

FSA takes a look at the Hong Kong universe, where there are 62 SFC-authorised emerging market fixed income funds.

 

 

The median ongoing charge (OCF) is 1.75, with the sector performing at -0.20% during the three-year period ending May 2017.

Morgan Stanley has two of the funds with the highest OCF, while JP Morgan has two of the lowest fee funds in this asset class, according to FE data.

 

 Highest fees

Fund

OCF

Three-year performance

BlackRock GF Emerging Markets Local Currency Bond

2.5

-2.64

Invesco India Bond

2.41

5.37

Pinebridge Global Emerging Markets Local Currency Bond

2.36

-10

Morgan Stanley Emerging Markets Debt

2.34

1.99

Morgan Stanley Emerging Markets Domestic Debt

2.34

-5.26

Source: FE Analytics. Data to end of May 2017 

 

 Lowest fees

Fund

OCF

Three-year performance

JPM Emerging Markets Investment Grade Bond TR

1.1

2.71

AXA World Funds Emerging Markets Short Duration Bonds

1.25

1.82

Invesco Emerging Markets Bond TR

1.27

4.68

JPM Emerging Markets Local Currency Debt

1.3

-4.39

HSBC GIF Global Emerging Markets Bond TR

1.35

3.06

 Source: FE Analytics

 

Part of the Mark Allen Group.