5 year backtested performance of emerging market sovereign debt index

Note: Markit GEMX local-currency bond index was used for backtesting since the index’s inception in March 2008. Prior to that,  JPMorgan GBI-EM local currency bond index was used  for backtesting.

Note: Prior to 2005 the available data only allowed MIP to identify countries at risk during a crisis and not ones capable of strong growth.  MIP driven portfolios exhibit superior Sharpe and Sortino Ratios compared with standard market-cap index.