Fact sheet: AB RMB Income Plus Pfl

Fund information
Fund name
AB RMB Income Plus Portfolio A2 EUR
Fund manager company
AllianceBernstein (LUX) S.A
Fund type
Offshore Fund
Fund manager
  • Brad Gibsonsince 30/04/2015
Fund objective
Seeks high total returns in Renminbi (“RMB”) terms through current income and long-term capital appreciation by investing in CNH and CNY-denominated securities in seeking to benefit from the internationalization of the Chinese currency, Investing in a combination of RMB denominated Chinese and other Asian fixed income securities, Providing Chinese currency exposure with the flexibility to diversify RMB issuer concentration, Combining top-down and bottom-up sector and credit analysis with active interest rate management and country and currency allocations.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
1.6%
1 Year rank in sector
25/26
Sector
FO Fixed Int - Asia Pacific
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.33%
Fund size
£1,921m (£3,311m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
71
Top in this sector
Fund name1 Year
Aberdeen Gbl AsLCuShDuBd24.4%
LM WAAsnOpp15%
Eastspring Inv AnLlBd14.4%
Fidelity Asian Hi Yd14.3%
Threadneedle (L)FlexAsnBd14.1%
...more in FO Fixed Int - Asia Pacific

Performance snapshot

Holdings snapshot

  • China52.6%
    Korea27.2%
    Hong Kong5.2%
    Indonesia4.3%
    India2.7%
  • Government Agency Bonds47.4%
    Corporate Bonds30.1%
    Government Bonds20.9%
    Others1.6%
  • Chinese Fixed Interest52.6%
    South Korean Fixed Interest27.2%
    Hong Kong Fixed Interest5.2%
    Indonesian Fixed Interest4.3%
    Indian Fixed Interest2.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%1.5%0.6%1.6%29.2%46.2%
Sector0.1%3.5%5.5%9.7%10.9%20.1%
Rank within sector4 / 2928 / 2926 / 2725 / 262 / 232 / 14
Quartile1st4th4th4th1st1st
Calendar performance
 YTD - 20162015201420132012
Fund0.5%7.9%18.5%-1.7%8.4%
Sector8.5%-2%3.7%-3.3%11.1%
Rank within sector26 / 272 / 251 / 236 / 2212 / 14
Quartile4th1st1st2nd4th
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
8.09
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.28
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.6
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
9.02
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
9.44
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.48
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.02
Price movement
52 week high17.54
52 week low16.12
Current bid price-
Current offer price-
Current mid price16.67
Region
1China52.64%
2Korea27.15%
3Hong Kong5.24%
4Indonesia4.31%
5India2.66%
6Australia2.05%
7USA1.91%
8Philippines1.81%
9International1.35%
Industry sector
1Government Agency Bonds47.38%
2Corporate Bonds30.07%
3Government Bonds20.94%
4Others1.61%
Asset type
1Chinese Fixed Interest52.64%
2South Korean Fixed Interest27.15%
3Hong Kong Fixed Interest5.24%
4Indonesian Fixed Interest4.31%
5Indian Fixed Interest2.66%
6Australian Fixed Interest2.05%
7US Fixed Interest1.91%
8Philippine Fixed Interest1.81%
9Global Fixed Interest1.35%
Individual holdings
1EXPORT - IMPORT BANK KOREA 4.5% MTN 25/02/18 CNY10000008.99%
2EXPORT-IMPORT BANK OF KOREA 4.4% MTN 03/03/18 CNY10000005.28%
3KOREA DEVELOPMENT BANK 3.55% BDS 19/06/18 CNY100004.11%
4CHINA DEVELOPMENT BANK 3.2% CERT OF DEPOSIT 23/09/21 CNY10000003.31%
5CHINA GOVT BOND 3.36%. 5/21/223.15%
6FUBON BANK (HONG KONG) LTD 3.25% BDS 22/05/19 CNY5000002.63%
7EXPORT - IMPORT BANK KOREA 3.6% BDS 10/06/18 CNY10000002.61%
8MAIKUN INVESTMENT CO LTD 4.5% BDS 06/06/17 CNY10000002.43%
9KOREA DEVELOPMENT BANK 4.2% UNSEC BDS 15/12/18 CNY10000002.37%
Management
Fund manager group
AllianceBernstein
Fund manager company
AllianceBernstein (LUX) S.A
Fund type
Offshore Fund
Fund objective
Seeks high total returns in Renminbi (“RMB”) terms through current income and long-term capital appreciation by investing in CNH and CNY-denominated securities in seeking to benefit from the internationalization of the Chinese currency, Investing in a combination of RMB denominated Chinese and other Asian fixed income securities, Providing Chinese currency exposure with the flexibility to diversify RMB issuer concentration, Combining top-down and bottom-up sector and credit analysis with active interest rate management and country and currency allocations.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Brad Gibson30/04/2015
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, France, United Kingdom, Iceland, Italy, Luxembourg, Norway, Offshore, Singapore, Sweden
AB RMB Income Plus Portfolio A2 CHF
Initial charge5%
Annual charge-
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.33%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price18.11
CurrencyCHF
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0LP0
AB RMB Income Plus Portfolio A2 CNY
Initial charge5%
Annual charge-
Min single investment£10,000
Min regular saving£3,750
Available in ISANo
Ongoing charge (OCF)1.33%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price124.66
CurrencyCNY
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0LP1
AB RMB Income Plus Portfolio A2 EUR
Initial charge5%
Annual charge-
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.33%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price16.67
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code05FU
AB RMB Income Plus Portfolio A2 GBP
Initial charge5%
Annual charge-
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.33%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price14.32
CurrencyGBP
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code064H
AB RMB Income Plus Portfolio A2 HKD
Initial charge5%
Annual charge-
Min single investment£10,000
Min regular saving£3,750
Available in ISANo
Ongoing charge (OCF)1.33%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price144.77
CurrencyHKD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code05IJ
AB RMB Income Plus Portfolio A2 SGD
Initial charge5%
Annual charge-
Min single investment£3,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.33%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price25.35
CurrencySGD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code05FV
AB RMB Income Plus Portfolio A2 USD
Initial charge5%
Annual charge-
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.33%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price18.66
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code05FT
AB RMB Income Plus Portfolio AR EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.32%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price14.22
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFS9K
AB RMB Income Plus Portfolio AT CNY
Initial charge5%
Annual charge-
Min single investment£10,000
Min regular saving£3,750
Available in ISANo
Ongoing charge (OCF)1.33%
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price100.76
CurrencyCNY
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0LP2
AB RMB Income Plus Portfolio AT HKD
Initial charge5%
Annual charge-
Min single investment£10,000
Min regular saving£3,750
Available in ISANo
Ongoing charge (OCF)1.33%
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price117.02
CurrencyHKD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code05IK
AB RMB Income Plus Portfolio AT SGD
Initial charge5%
Annual charge-
Min single investment£3,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.33%
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price20.49
CurrencySGD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code05FX
AB RMB Income Plus Portfolio AT USD
Initial charge5%
Annual charge-
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.33%
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price15.08
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code05FW
AB RMB Income Plus Portfolio C2 CNY
Initial charge-
Annual charge-
Min single investment£10,000
Min regular saving£3,750
Available in ISANo
Ongoing charge (OCF)1.77%
Total expense ratio (TER)1.87%
Bid price-
Offer price-
Mid price121.78
CurrencyCNY
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0LP3
AB RMB Income Plus Portfolio C2 USD
Initial charge-
Annual charge-
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.77%
Total expense ratio (TER)1.87%
Bid price-
Offer price-
Mid price18.23
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code064E
AB RMB Income Plus Portfolio CT CNY
Initial charge-
Annual charge-
Min single investment£10,000
Min regular saving£3,750
Available in ISANo
Ongoing charge (OCF)1.78%
Total expense ratio (TER)1.87%
Bid price-
Offer price-
Mid price101.38
CurrencyCNY
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0LP4
AB RMB Income Plus Portfolio CT USD
Initial charge-
Annual charge-
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.78%
Total expense ratio (TER)1.87%
Bid price-
Offer price-
Mid price15.18
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code064F
AB RMB Income Plus Portfolio I2 CHF
Initial charge2%
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price18.65
CurrencyCHF
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0LP5
AB RMB Income Plus Portfolio I2 CNY
Initial charge2%
Annual charge-
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price128.4
CurrencyCNY
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0LP6
AB RMB Income Plus Portfolio I2 EUR
Initial charge2%
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price17.17
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05FZ
AB RMB Income Plus Portfolio I2 GBP
Initial charge2%
Annual charge-
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price14.74
CurrencyGBP
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code064I
AB RMB Income Plus Portfolio I2 HKD
Initial charge2%
Annual charge-
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price149.1
CurrencyHKD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05IL
AB RMB Income Plus Portfolio I2 SGD
Initial charge2%
Annual charge-
Min single investment£15,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price26.11
CurrencySGD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05G0
AB RMB Income Plus Portfolio I2 USD
Initial charge2%
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price19.22
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05FY
AB RMB Income Plus Portfolio IT CNY
Initial charge2%
Annual charge-
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.78%
Total expense ratio (TER)0.68%
Bid price-
Offer price-
Mid price101.64
CurrencyCNY
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0LP7
AB RMB Income Plus Portfolio IT USD
Initial charge2%
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.78%
Total expense ratio (TER)0.68%
Bid price-
Offer price-
Mid price15.22
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code064G
AB RMB Income Plus Portfolio S CNY
Initial charge-
Annual charge-
Min single investment£150,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.08%
Total expense ratio (TER)0.15%
Bid price-
Offer price-
Mid price133.44
CurrencyCNY
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0N0Y
AB RMB Income Plus Portfolio S EUR
Initial charge-
Annual charge-
Min single investment£20,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.08%
Total expense ratio (TER)0.15%
Bid price-
Offer price-
Mid price17.84
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05G2
AB RMB Income Plus Portfolio S GBP
Initial charge-
Annual charge-
Min single investment£12,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.08%
Total expense ratio (TER)0.15%
Bid price-
Offer price-
Mid price15.32
CurrencyGBP
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code064J
AB RMB Income Plus Portfolio S HKD
Initial charge-
Annual charge-
Min single investment£150,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.08%
Total expense ratio (TER)0.15%
Bid price-
Offer price-
Mid price154.95
CurrencyHKD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05IM
AB RMB Income Plus Portfolio S SGD
Initial charge-
Annual charge-
Min single investment£40,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.08%
Total expense ratio (TER)0.15%
Bid price-
Offer price-
Mid price27.13
CurrencySGD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05G3
AB RMB Income Plus Portfolio S USD
Initial charge-
Annual charge-
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.08%
Total expense ratio (TER)0.15%
Bid price-
Offer price-
Mid price19.97
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05G1
AB RMB Income Plus Portfolio S1 CNY
Initial charge-
Annual charge-
Min single investment£150,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.63%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price129.56
CurrencyCNY
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0N0Z
AB RMB Income Plus Portfolio S1 EUR
Initial charge-
Annual charge-
Min single investment£20,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.63%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price17.32
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05G5
AB RMB Income Plus Portfolio S1 GBP
Initial charge-
Annual charge-
Min single investment£12,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.63%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price14.88
CurrencyGBP
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code064K
AB RMB Income Plus Portfolio S1 HKD
Initial charge-
Annual charge-
Min single investment£150,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.63%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price150.45
CurrencyHKD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05IN
AB RMB Income Plus Portfolio S1 SGD
Initial charge-
Annual charge-
Min single investment£40,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.63%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price26.34
CurrencySGD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05G6
AB RMB Income Plus Portfolio S1 USD
Initial charge-
Annual charge-
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.63%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price19.39
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05G4
Data provided by

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