Emerging Markets Debt Total Return

Summary

Documents & Resources

 

The Emerging Markets Debt Total Return Strategy seeks to deliver most of the upside of emerging markets debt, with 50% - 75% of the risk over a full market cycle.

We believe:

  • Misunderstood and mispriced risks within emerging markets debt create inefficiencies and anomalies that can be exploited.
  • An active, research-driven, bottom-up approach to evaluate countries and companies, combined with robust macro and thematic analysis is the best way to exploit these inefficiencies.
  • A disciplined valuation framework focused on relative value is critical in pricing fundamental risks appropriately.
  • Focus on rigorous risk budgeting and continuous stress testing are integral to achieving strong and consistent risk-adjusted results.
  • Diversified sources of return through active positions in duration, yield curve, country allocation, sector allocation, currency allocation and security selection help generate a more consistent return profile.

Availability

Investment capabilities are available to institutional clients through separate accounts, sub-advised portfolios and commingled vehicles. Please contact us for availability in your region.

Performance

*Annualized

Emerging Markets Opportunities

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Global Fixed Income Opportunities

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Sources: ICE Benchmark Administration Ltd., FactSet

Portfolio managers are not licensed by the Hong Kong Securities and Futures Commission to perform any regulated function in or from Hong Kong. Furthermore, none of the portfolio managers are located in or operate in or from Hong Kong.

Data reflects past performance. Past performance does not guarantee future results. The value of investments may fluctuate. Data assumes reinvestment of dividends and capital gains.

For a GIPS® compliant presentation, click here .

For purposes of compliance with the Global Investment Performance Standards ("GIPS®"), the Firm is defined as American Century Investment Management, Inc. ("ACIM"). ACIM claims compliance with GIPS®. The Emerging Markets Debt Total Return composite seeks to provide a total return that exceeds the benchmark (ICE 3- Month USD LIBOR Index) using a flexible, opportunistic long/short strategy with a long bias designed to provide exposure to a full range of the emerging markets debt universe while limiting volatility and managing drawdown risk. Returns are calculated and stated in U.S. dollars and may increase or decrease as a result of currency fluctuation.