UCITS FUNDS

Global Fixed Income Fund USD Unhedged

The Mondrian Global Fixed Income Fund (the Fund) aims to generate current income consistent with the preservation of principal. The Fund intends to invest primarily in a global portfolio of fixed and/or floating rate debt securities denominated in any currency and issued by governmental and supranational issuers located throughout the world that may provide the potential for capital appreciation. The debt securities the Fund invests in will generally be rated BBB- or better by Standard & Poor’s or Baa3 or better by Moody’s Investors Service or if unrated, be deemed to be of comparable quality by the Investment Manager. The Fund may invest in a broad range of debt securities, including government, municipal, sovereign and supranational bonds and other debt securities, instruments and obligations issued by governments, their agencies, instrumentalities or political subdivisions and supranational entities. Types of bonds the Fund may invest in but is not limited to are zero coupon bonds and inflation-linked bonds.

Investment Philosophy

Fund Facts

Fund Facts 
ISINIE00BNGFS619
Bloomberg TickerMOGFIUU
Sedol–
Ongoing Charge10.55%
Management Fee0.45%
BenchmarkFTSE WGBI USD
Inception DateNovember 3, 2020
Entry/ exit charge0.0%/ 0.0%
Minimum Initial InvestmentEUR 5,000,000
Minimum Subsequent InvestmentEUR 1,000,000
Base CurrencyEUR
HedgedNo
Fund sizeEUR 105.4 million
Morningstar Rating™2N/A

1 The Ongoing Charge is estimated and includes the management fee and administrative expenses. The Ongoing Charge includes an administrative expenses cap of 0.10%. This cap does not include transaction related expenses and any non-recurring expenses.

2 © 2022 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Fund ratings represent an opinion only and are not a recommendation to buy or sell any fund.

Fund ratings represent an opinion only and are not a recommendation to buy or sell any fund.

Show More

Performance

As of March 31, 2022

Mondrian Global Fixed Income Fund (USD Unhedged)

Fund launch date: 2 November 2020
Fund NAV performance returns shown. Past performance of the Share Class is calculated in USD. Performance is calculated after the deduction of ongoing charges and is inclusive of gross income reinvested. The Fund’s performance is measured against the Citigroup World Government Bond Index hedged in Euro terms, also known as the FTSE World Government Bond Index hedged in USD terms. Past performance is not a guide to future performance.

As of March 31, 2022

Characteristic
Mondrian Fund
FTSE World Government Bond Index
Yield to Maturity (%)
2.0
1.6
Modified Duration (years)
8.0
8.4
Average Maturity (years)
9.5
9.7
Average Credit Rating
AA-
AA
Number of Issues
48
1,167
Information Ratio

Source: Mondrian Investment Partners/Bloomberg

News and Insights

Reading Time: 5 minutes There is a long-held belief that engagement is the domain and responsibility of equity holders and fixed income investors cannot engage or do not have the tools to engage effectively with issuers.

two birds in a tree

Mondrian’s Credit Process

Reading Time: 4 minutes Mondrian’s approach to credit is designed to identify and overweight the best value credits, consistent with Mondrian’s approach to bond market and currency selection.

How to Invest

To invest in the fund, please download and read through the documents below and fill out the Account Opening Form.
 
KIID Document
Fund Supplement
Account Opening Form
 
You can buy or sell shares daily (but not on weekends or bank holidays in the UK or Ireland). Orders to buy can be made by submitting a request by 5:00p.m. (Irish time), 3 business days in advance, to the administrator. Orders to sell can be made by submitting a request by 5:00p.m. (Irish time) 2 business days in advance to the administrator.
 
Administrator:
Mondrian Funds plc
C/o Northern Trust International Fund Administration Services (Ireland) Limited
Investor Services Department
George’s Court
54-62 Townsend Street
Dublin 2
Ireland

All UCITS Funds

Emerging Markets Equity Fund

Global Green Bond Fund

Global Fixed Income Fund

Global Equity Fund

Literature

Policies and Disclaimers

Sign up to receive more information

Weighted Average Market Cap

Weighted Average Market Cap – The portfolio-weighted average market capitalizations of all equity securities.

Portfolio Turnover

Portfolio Turnover – A measure of how frequently assets within a fund are bought and sold by the managers.

Price-to-Earnings

Price-to-Earnings – The Price to Earnings Ratio is a stock’s current price divided by the company’s trailing 12-month earnings per share from continuous operations.

Price-to-Book

Price-to-Book – The Price to Book Ratio links the stock/share price of a company with the book or accounting value of shareholders’ equity per share.

Dividend Yield

Dividend Yield – The Dividend Yield is the portfolio-weighted average of the annualized gross dividend per share figure of all portfolio holdings.

Subscribe

By clicking SUBMIT, you are agreeing to our Privacy Policy, which can be found here. Once confirmed, you will be subscribed to our mailing list. We will retain your email address in order to send the requested information. You can unsubscribe or change your details at any time. We will send no further information nor subscribe you to the list until you confirm your request. If this is in error and you would not like to receive updates please close this box without clicking SUBMIT.

North American Investors

201 King of Prussia Road
Suite 620
Radnor, PA 19087 
United States

Non-North American Investors

Tenth Floor
Sixty London Wall
London EC2M 5TQ
United Kingdom