abrdn S.I-Gl.Co.Sust.Bd.Fd.X Acc GBP H/  LU2177013179  /

Fonds
NAV2024-11-04 Chg.+0.0045 Type of yield Investment Focus Investment company
9.6243GBP +0.05% reinvestment Bonds Worldwide abrdn Inv.(LU) 

Investment strategy

The Fund aims to achieve a combination of income and growth by investing in corporate bonds (loans to companies) issued worldwide including Emerging Market countries which adhere to the abrdn "Global Corporate Sustainable Bond Investment Approach" (the "Investment Approach"). The Fund aims to outperform the Bloomberg Global Aggregate Corporate Bond (hedged to USD) Index before charges. The Fund invests at least 90% in bonds issued by corporations and governments anywhere in the world, including sub-sovereigns, inflation-linked, convertible, asset backed and mortgage backed bonds. The Fund invests at least 80% in investment grade corporate bonds issued anywhere in the world. The Fund may invest up to 20% in sub-investment grade bonds. Non-Dollar denominated bonds will typically be hedged back to US Dollars. Investment in bonds will follow the Investment Approach. This approach utilises abrdn's fixed income investment process, which enables portfolio managers to qualitatively assess how ESG factors are likely to impact on the company's ability to repay its debt, both now and in the future. To complement this research, the abrdn ESG House Score is used to quantitatively identify and exclude those companies exposed to the highest ESG risks. In addition, abrdn apply a set of company exclusions, which are related to the UN Global Compact, State Owned Enterprises (SOE), Weapons, Tobacco, Thermal Coal, Oil & Gas and Electricity Generation. Green bonds, Social bonds or Sustainable bonds issued by companies otherwise excluded by the environmental screens are permitted, where the proceeds of such issues can be confirmed as having a positive environmental impact. This approach is expected to reduce the investment universe by a minimum of 15%. Financial derivative instruments, money market instruments and cash may not adhere to this approach.
 

Investment goal

The Fund aims to achieve a combination of income and growth by investing in corporate bonds (loans to companies) issued worldwide including Emerging Market countries which adhere to the abrdn "Global Corporate Sustainable Bond Investment Approach" (the "Investment Approach"). The Fund aims to outperform the Bloomberg Global Aggregate Corporate Bond (hedged to USD) Index before charges.
 

Master data

Type of yield: reinvestment
Funds Category: Bonds
Region: Worldwide
Branch: Corporate Bonds
Benchmark: Bloomberg Global Aggregate Corporate Bond Index
Business year start: 10-01
Last Distribution: -
Depository bank: Citibank Europe plc Luxembourg Branch
Fund domicile: Luxembourg
Distribution permission: Austria, Switzerland, Czech Republic
Fund manager: Global IG and Aggregate Team
Fund volume: 186.57 mill.  USD
Launch date: 2020-06-24
Investment focus: -

Conditions

Issue surcharge: 0.00%
Max. Administration Fee: 0.50%
Minimum investment: 1,000.00 GBP
Deposit fees: -
Redemption charge: 0.00%
Key Investor Information: Download (Print version)
 

Investment company

Funds company: abrdn Inv.(LU)
Address: Avenue John F Kennedy 35a, L-1855, Luxemburg
Country: Luxembourg
Internet: www.abrdn.com/de-at
 

Assets

Bonds
 
92.81%
Cash
 
3.44%
Mutual Funds
 
0.49%
Others
 
3.26%

Countries

United States of America
 
45.89%
United Kingdom
 
12.37%
Netherlands
 
8.99%
France
 
5.13%
Cash
 
3.44%
Switzerland
 
1.85%
Canada
 
1.84%
Japan
 
1.69%
Spain
 
1.67%
Ireland
 
1.56%
Luxembourg
 
1.48%
Germany
 
1.27%
Denmark
 
1.18%
Austria
 
0.87%
Korea, Republic Of
 
0.87%
Others
 
9.90%