/ CBL investment funds / CBL Bond funds / — R Acc EUR (hedged) Share Class

R Acc EUR (hedged) Share Class

OverviewPerformanceKey factsTeamDocuments

Investment Characteristics

  • Diversified bond portfolio of Eastern European sovereign and corporate issuers
  • Long-term capital growth from bond price appreciation and coupons
  • Active and disciplined team-based investment process based on regional presence and expertise
  • Bottom-up approach and flexibility to evaluate any investment opportunity


Fact sheet
Key Investor Information Document (KIID)

Risk profile

Synthetic Indicator indicatively shows the volatility of the Fund’s profitability: the higher this indicator, the higher the potential reward; at the same time it involves a higher risk to suffer losses. The lowest category of the indicator does not mean that the investments in the Fund are not exposed to risk.

Over a period of time: 26.11.2020.
Base currency: EUR
NAV per share: 19.31
Daily NAV change: 0.16%
Fund size: 69 679 672 USD
ISIN code: LV0000400174

Fund's performance

Year to date 3 months 6 months 1 year 3 years 5 years Since inception
0.26% 2.6% 6.33% 0.52% 1.13% 2.83% 3.72%

Download full history (.CSV)

  • Management Company: CBL Asset Management IPAS
  • Custodian bank: Citadele banka
  • Inception Date*: 10/06/2003
  • Base Currency: EUR
  • Management Fee: 1.5% p.a.
  • Front Load Fee: Up to 1.0% (0.2% if acquired in Citadele bank)
  • Issue/redemption: Daily
  • Distribution Status: Accumulative
  • Legal Status: UCITS IV, Latvia
  • Regulator: Financial and Capital Market Commission Latvia (FCMC)
  • ISIN: LV0000400174
  • Bloomberg Code: PAREUBA LR
Andris Kotāns, CFA (Head of Mutual Fund Management, Member of the Board, 11 years with the company, 15 years in the industry, MSc in Economics)
Andris Kotāns has been with CBL Asset Management since 2007. Under his leadership several CBL Asset Management managed funds have achieved and continue to receive the highest standard of international recognition, including CBL Eastern Europe Bond Fund, which has been awarded the highest possible Morningstar five-star rating. Andris Kotāns is also acting as the investment committee member of the 2nd and 3rd pillar pension funds managed by the Company. Andris is a CFA charterholder since 2007 and holds master's degree in economics from Central European University (Hungary) and bachelor's degree in business and economics and business administration from the Stockholm School of Economics in Riga.
Edgars Lao, CFA (Portfolio Manager, 10 years with the company, 11 years in the industry, MBA)
Edgars Lao joined CBL Asset Management in 2007. Since 2011 he is a co-manager of internationally recognized CBL Eastern Europe Bond Fund, which has been awarded the highest possible Morningstar five-star rating, and co-manager of CBL Global Emerging Markets Bond Fund since its inception in 2013. In 2015 Edgars was included in Citywire's “Blazing a trail in bonds: top 10 managers of the year so far”. Edgars holds an MBA degree with distinction from Riga Business School and a Bachelor’s degree in finance from BA School of Business and Finance.