abrdn SICAV I - China Onshore Bond Fund, K Acc Hedged USD/  LU2233142103  /

Fonds
NAV7/22/2024 Chg.+0.0235 Type of yield Investment Focus Investment company
11.6825USD +0.20% reinvestment Bonds Bonds: Mixed abrdn Inv.(LU) 

Investment strategy

The Fund aims to achieve a combination of income and growth by investing in bonds (which are like loans that can pay a fixed or variable interest rate) issued by governments, government related bodies and/or corporations in Mainland China, priced in Onshore Renminbi (CNY). The Fund aims to outperform the FTSE Chinese Government Bond Index (CNH) benchmark (before charges). The Fund invests at least two-thirds of its assets in bonds issued by governments, government related bodies and/or corporations in Mainland China, priced in Onshore Renminbi (CNY). The Fund may invest up to 100% in Mainland Chinese bonds listed or traded on Chinese Markets. The Fund may also invest in bonds priced in Offshore Renminbi (CNH) which are issued by governments, government-related bodies or corporations around the world, as well as bonds priced in other currencies which are issued by the Chinese government, government-related bodies or corporations based, or carrying out the majority of their business activities in mainland China. The Fund will not purchase securities that are rated below B- by Standard & Poor's ('S&P') or equivalent from another rating agency.
 

Investment goal

The Fund aims to achieve a combination of income and growth by investing in bonds (which are like loans that can pay a fixed or variable interest rate) issued by governments, government related bodies and/or corporations in Mainland China, priced in Onshore Renminbi (CNY). The Fund aims to outperform the FTSE Chinese Government Bond Index (CNH) benchmark (before charges).
 

Master data

Type of yield: reinvestment
Funds Category: Bonds
Country: China
Branch: Bonds: Mixed
Benchmark: FTSE Chinese Government Bond Index
Business year start: 10/1
Last Distribution: -
Depository bank: Citibank Europe plc Luxembourg Branch
Fund domicile: Luxembourg
Distribution permission: Austria, Switzerland
Fund manager: Adam McCabe
Fund volume: 554.18 mill.  CNH
Launch date: 10/9/2020
Investment focus: -

Conditions

Issue surcharge: 0.00%
Max. Administration Fee: 0.18%
Minimum investment: 500,000,000.00 USD
Deposit fees: -
Redemption charge: 0.00%
Key Investor Information: -
 

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
 
64.71%
Cash
 
35.29%

Countries

China
 
64.71%
Cash
 
35.29%