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Where can I buy these funds?
Posted: 28 February 2018 14:01:17(UTC)

Joined: 28/02/2018(UTC)
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I am looking to spend £200,000 on these funds for my ISA and SIPP portfolios. Hargreaves Lansdown and Barclays Smart Investor do not not trade them. Does any one know where I can get them?

LU0897071535 Pictet-Emerging Local Currency Debt HI dm GBP

IE00B50X2M99 Old Mutual Loc Curr Emer Mark Dbt Fund A inc

Very important that I get the actual funds identified by the ISIN codes. I have done a lot of research and really want to buy these.

Many thanks
william barnes
Posted: 01 March 2018 16:57:00(UTC)

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Sorry no idea
Stanley Kirk
Posted: 01 March 2018 17:02:30(UTC)

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The fund managers will know which platforms have traded in these funds.
There may be more than one share class (with different annual charges). The platforms tend to use the cheaper ones, which will have a different ISIN to the higher AMC share class normally available to the retail investor.
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PAJackson on 02/03/2018(UTC)
chubby bunny
Posted: 01 March 2018 17:16:59(UTC)

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Pictet Emerging Local Currency Debt I dy GBP is available on several platforms, including Hargreaves Lansdown and Fidelity. This is the same fund as the HI dm class you are looking for, which isn't easily accessible, except it pays out the dividend yearly (dy) instead of monthly (dm).

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PAJackson on 02/03/2018(UTC)
Alan Selwood
Posted: 01 March 2018 17:26:34(UTC)

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Should be an interesting ride using those funds if capital gets repatriated to the USA because of Trump's tax changes and also interest rates rise! A good way to lose lots of money quickly, I reckon!

Worth reading Ambrose's article in today's Daily Telegraph to see why I've just written the previous paragraph.
6 users thanked Alan Selwood for this post.
King Lodos on 01/03/2018(UTC), Jim S on 01/03/2018(UTC), PAJackson on 02/03/2018(UTC), dlp6666 on 02/03/2018(UTC), Jpb250 on 04/03/2018(UTC), Guest on 04/03/2018(UTC)
King Lodos
Posted: 01 March 2018 17:36:53(UTC)

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Yield may be the biggest bubble at the moment .. It's worth understanding ways to make a return on assets other than yield.

The risk to EM now is that most of its debt's denominated in dollars .. So if the fed finds itself having to hike a little more enthusiastically, the dollar strengthens, and EM's suddenly paying more to service its debt.

This could impact growth, credit quality, and in a worst case spark a debt crisis
4 users thanked King Lodos for this post.
neville dwards on 01/03/2018(UTC), Mr Helpful on 01/03/2018(UTC), PAJackson on 02/03/2018(UTC), Guest on 04/03/2018(UTC)
Jim S
Posted: 01 March 2018 17:41:52(UTC)

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Both are down over 5 years, average -5%

Alan is right to suggest caution, I wouldn't do it either if I were you. If you must buy both then I would strongly suggest you keep them (combined) at less than 10% of your portfolio.

Good luck, whatever you decide
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King Lodos on 01/03/2018(UTC), PAJackson on 02/03/2018(UTC), dlp6666 on 02/03/2018(UTC), Guest on 04/03/2018(UTC)
Posted: 02 March 2018 12:13:13(UTC)

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King Lodos;58050 wrote:
The risk to EM now is that most of its debt's denominated in dollars

Wouldn't this risk be avoided with the two funds suggested, though, since they are in EM local currency [i.e. not USD denominated] debt?
1 user thanked dlp6666 for this post.
PAJackson on 02/03/2018(UTC)
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