The GMO Emerging Country Debt UCITS Fund’s objective is total return in excess of that of its benchmark, the J.P. Morgan Emerging Markets Bond Global Diversified Index (EMBIG-D). The Fund invests primarily in external debt of sovereigns and quasi-sovereigns.

GMO’s Emerging Country Debt team focuses on bottom-up issue selection, seeking to find issues with similar default characteristics but better long-term total return potential than the issues in EMBIG-D. We believe that our approach provides long-term, value-oriented clients with the best chance for total return in this asset class and differentiates us from other emerging debt managers who focus on economic forecasting, market timing, and other macro/top-down approaches.


Doc Table
Fund Inception Date April 1, 2020
Fund Total Assets as of 31/8/2023 $295mm USD
Benchmark J.P. Morgan EMBI Global Diversified




Fact Sheet Download
Product Primer Download
Prospectus Download
Prospectus - First Supplement Download
Prospectus - UK Supplement Download
KIIDs - GBP Download
KIIDs - USD Download
PRIIP - CHF Download
PRIIP - EUR Download
PRIIP - GBP Download
PRIIP - USD Download
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Performance Download
Portfolio Composition Download
Holdings Download
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Commentary & Attribution

Commentary Quarterly Download
Attribution - Quarterly Download
Attribution - YTD Download
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Investor Information

Annual Report Download
Semiannual Report Download
NAVs and Distributions Download
Fair Value Hierarchy - As of 30/09/22 Download
Fair Value Hierarchy - As of 31/03/23 Download
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Risks associated with investing in the Fund may include: Credit Risk, Market Risk - Fixed Income, Illiquidity Risk, Derivatives and Short Sales Risk, and Counterparty Risk. For a more complete discussion of these risks and others, please consult the Fund's prospectus.


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