abrdn SICAV I - Emerging Markets Corporate Bond Fund, A Acc USD Shares/  LU0566480116  /

Fonds
NAV11/11/2024 Chg.+0.0192 Type of yield Investment Focus Investment company
16.0025USD +0.12% reinvestment Bonds Emerging Markets 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 companies, governments or other bodies in Emerging Market countries. The Fund aims to outperform the JP Morgan CEMBI Broad Diversified Index (USD) before charges. The Fund invests at least two-thirds of its assets in bonds issued by companies based or carrying out much of their business in Emerging Market countries. Bonds will be of any credit quality. Up to 100% of the Fund may be invested in sub-investment grade bonds. Non-US Dollar denominated issues will typically be hedged back to US Dollars. Investment in corporate bonds will follow the abrdn "Emerging Markets Corporate Bond Promoting ESG Investment Approach" (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, Controversial Weapons, Tobacco Manufacturing and Thermal Coal. 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. Further detail of this overall process is captured within the Investment Approach, which is published at www.abrdn.com under "Fund Centre". 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 bonds (which are like loans that can pay a fixed or variable interest rate) issued by companies, governments or other bodies in Emerging Market countries. The Fund aims to outperform the JP Morgan CEMBI Broad Diversified Index (USD) before charges.
 

Master data

Type of yield: reinvestment
Funds Category: Bonds
Region: Emerging Markets
Branch: Corporate Bonds
Benchmark: JP Morgan CEMBI Broad Diversified Index (USD)
Business year start: 01/10
Last Distribution: -
Depository bank: Citibank Europe plc Luxembourg Branch
Fund domicile: Luxembourg
Distribution permission: Austria, Germany, Switzerland, United Kingdom
Fund manager: Global Emerging Market Debt Team
Fund volume: 997.6 mill.  USD
Launch date: 07/03/2011
Investment focus: -

Conditions

Issue surcharge: 5.00%
Max. Administration Fee: 1.50%
Minimum investment: 1,000.00 USD
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
 
95.67%
Mutual Funds
 
2.74%
Cash
 
1.55%
Others
 
0.04%

Countries

Cayman Islands
 
11.05%
Netherlands
 
6.79%
Luxembourg
 
5.80%
Colombia
 
4.55%
Turkey
 
4.13%
Peru
 
4.10%
Mexico
 
3.89%
United Kingdom
 
3.31%
Chile
 
3.28%
United Arab Emirates
 
2.91%
India
 
2.70%
United States of America
 
2.53%
Mauritius
 
2.34%
Georgia
 
1.96%
Uzbekistan
 
1.82%
Others
 
38.84%

Currencies

US Dollar
 
95.33%
Euro
 
0.39%
Others
 
4.28%