F&C Emerging Markets Bond Fund awarded 5 stars

One of F&C's flagship SICAV funds, the F&C Emerging Markets Bond Fund, has been upgraded from 4 stars to 5 stars, the highest possible accolade, from leading fund research agency Morningstar.

The USD-denominated Bond fund has a strategy of investing in fixed income, floating rate and other debt securities issued by governments or companies incorporated under the laws of emerging markets countries. It is available to retail and institutional investors.

Helene Williamson, manager of the F&C Emerging Markets Bond Fund and Head of Emerging Debt at F&C, said: "We are delighted to have been granted this rating. It is an important validation of our team research process which seeks to identify and capitalise on market inefficiencies."

The F&C Emerging Markets Bond Fund has overEURO;68M (GBP53.7M) in assets under management. Over the last 5 years, it produced an annualised return of 4.9% net of fees compared to the JP Morgan EMBI Plus benchmark's annualised return of 4.6%.