Location
Please select your investor type by clicking on a box:
We are unable to market if your country is not listed.
You may only access the public pages of our website.
Key documents
Objective
The BlueBay Emerging Market Select Bond Fund (the Fund) is actively managed and its objective is to make a return in excess of a blended benchmark comprising 50% JP Morgan Emerging Market Bond Index Global Diversified and 50% JP Morgan Global Bond Index – Emerging Market Broad Diversified, over the credit cycle (gross of fees), primarily through country selection. There are no restrictions on the extent to which the Fund's portfolio and performance may deviate from the ones of the benchmark.
Sustainability-related disclosure
Fund specific risks
- At times, the market for emerging market bonds may dry up, which could make it difficult to sell these bonds, or the fund may only be able to sell them at a discount
- There may be cases where an organisation with which we trade assets or derivatives (usually a financial institution such as a bank) may be unable to fulfil its obligations, which could cause losses to the fund
- Investing in emerging market bonds offers you the chance to gain higher returns through growing your capital and generating income. Nevertheless, there is a greater risk that the organization which issued the bond will fail, which would result in a loss of income to the fund along with its initial investment
- Emerging markets may be more volatile and it could be harder to sell or trade these bonds. There may be less government supervision, legal regulation and less well-defined tax laws and procedures than in countries with more developed trading markets. Emerging markets can be particularly sensitive to political instability, which can result in greater volatility and uncertainty, subjecting the fund to the risk of losses
- RBC BlueBay could suffer from a failure of its processes, systems and controls – or from such a failure at an organisation on which we rely in order to deliver our services – which could lead to losses for the fund
This is a marketing communication. There are several risks associated with investing in this product. Please refer to the prospectus of the fund and to the KIID available on this website before making any final investment decisions.
Investment approach
- Invests primarily in emerging market sovereign debt in hard and local currency assets. Assets are also invested in fixed income securities of any rating issued by emerging market issuers and in distressed debt securities of emerging market issuers.
Market opportunity
We predominantly hold hard and local currency sovereign and quasi-sovereign debt. We also seek to hold a selection of high conviction liquid corporates if we see an opportunity for attractive returns
Our focus is on capital preservation and we gain insight from our fundamental research
Russel Matthews
BlueBay Senior Portfolio Manager, Global Macro
Russel is the lead portfolio manager for BlueBay's global macro strategy. He joined BlueBay Asset Management (which is now part of RBC Global Asset Management) in September 2010 as a Portfolio Manager responsible for the firm's European government and aggregate bond portfolios. Prior to BlueBay, Russel worked at Invesco Asset Management from 2000 to 2010, where he was responsible for managing multi-currency global fixed income portfolios for retail and institutional clients. He was also Co-Head of Global Alpha (ex US). Prior to joining Invesco, He worked at Citigroup Asset Management. Russel was born and grew up in Zimbabwe, and attended University in South Africa. He earned a Post Graduate Diploma in Management from the University of Cape Town in 1996 and a Bachelor of Arts degree in Economics and Journalism from Rhodes University in 1995.
Gautam Kalani
BlueBay Portfolio Manager and FX Strategist, Emerging Markets
Gautam is a BlueBay Portfolio Manager within the Emerging Markets Team. He joined BlueBay Asset Management (which is now part of RBC Global Asset Management) in July 2018. Prior to joining BlueBay, Gautam worked as an Emerging Markets Strategist at Deutsche Bank (London). He holds a PhD and Master's degree in Economics from the University of Oxford, and a BA in Mathematics and Economics from Amherst College.