16 Boulevard Royal – L-2449 Luxembourg
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8 am to 5 pm

BL Emerging Markets

Theme fund

Data as of 17/03/2023

Risk level

Recommended investment horizon : > 10 years


Average annual performance since launch 3,32 %

Performance as at 17/03/2023

2020-5,27 %
20212,84 %
2022-4,79 %
Since 01/01/20230,20 %
Over the last 12 months-1,35 %
Over 3 years16,89 %
Since launch65,38 %


Investment objective and policy

The fund's objective is to generate long-term capital gains by investing flexibly (between 60% and 100% of net assets) in quality companies listed on global emerging markets (Asia ex-Japan, Latin America, Eastern Europe, Africa and the Middle East) with a strong and sustainable competitive advantage. The equity allocation varies according to the number of companies available that meet the investment criteria (quality fundamentals and valuation). The balance is held in cash and emerging market government bonds. A minimum of 5% of the fund’s assets will be invested in sustainable assets. The fund manager implements an active, long-term strategy based on solid convictions and aims to outperform the return on emerging market equities with lower volatility.

General information

Net Asset Value 
Calculated Every business day
NAV class B capitalisation shares (17/03/2023)165,38 EUR
NAV class A distribution shares (17/03/2023)126,81 EUR
CODESISIN capitalisation code : LU0309192036
ISIN distribution code : LU0309191905
WKN capitalisation code : A0MWCY
WKN distribution code : A0MWCX
Net assets (million)390,58 EUR
Launch date30/10/2007