VanEck Emerging Market Debt Unconstrained

Why VanEck for Emerging Market Debt?

VanEck manages a unique bottom up truly unconstrained EMD strategy. An unconstrained approach is key to optimizing portfolio risk using the distinct risk and return characteristics of each of the emerging markets debt sub-universes. Risks and returns ultimately emanate from country and corporate fundamentals, not top-down macro factors.

Candoris works together with VanEck, a privately-owned Asset Manager focused on Commodities, Emerging Markets Debt and Equity and ETF’s. VanEck is based in New York City

 

VanEck, the firm:

Founded in 1955, privately owned, long term focus

  • Focus on active and passive strategies, commodities and Emerging Markets
  • VanEck presently manages US$ 49.1bn, of which US$ 2.9bn in Emerging Market Equities.

 

The Investment Philosophy is as follows:

  • Asset prices should reflect country and corporate fundamentals
  • An unconstrained approach is key to optimizing portfolio risk using the distinct risk and return characteristics of each of the emerging markets debt sub-universes
  • Risks and returns ultimately emanate from country and corporate fundamentals, not top-down macro factors

 

The Investment process, an overview

The strategy offers exposure to emerging markets fundamentals, generally characterized by lower debts and deficits, higher growth rates and independent central banks. Lead Portfolio Manager, Eric Fine, has over 25 years of experience in emerging markets.

The Unconstrained Emerging Markets Bond strategy seeks total return, consisting of income and capital appreciation.

VanEck EMD Unconstrained Fund Documents

Below are the links directing to the relevant fund documents:

Monthly Update

Documentation
Presentation
Vs Peers comparison

Factsheets
Kiid’s

Commentary