Fact sheet: Aberdeen Corporate Bond

Fund information
Fund name
Aberdeen Corporate Bond I Acc
Fund manager company
Aberdeen Fund Managers Limited
Fund type
OEIC
Fund manager
  • Pan European Credit Teamsince 16/07/2015
Fund objective
The Fund aims to provide a combination of income and capital growth by investing predominantly in Investment grade corporate Debt and debt-related securities denominated in (or hedged back to) Sterling. The Fund may also invest in other transferable securities, including Investment grade and sub-Investment grade Debt and debt-related securities denominated in any currency, including those issued by governments, public bodies and supra-national issuers, as well as money market instruments, deposits, cash and near cash, derivatives and units in collective investment schemes (including other funds managed by the Investment Adviser or its affiliates).
Benchmark
  • Markit iBoxx Sterling Corporate and Collateralised Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
6.4%
1 Year rank in sector
34/91
Sector
UT Sterling Corporate Bond
Yield
3%
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.
0.63%
Fund size
£1,685m (£1,404m 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.
39
Mid price
177
Top in this sector
Fund name1 Year
Schroder Long Dated Corp Bond11.8%
F&C Instl Lg Dtd Corp Bd10.8%
Henderson Inst Long Dat Cr10.6%
Newton Long Corporate Bond10.4%
Blackrock InstBdOver10YrCorp9.8%
...more in UT Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK64.6%
    USA9.8%
    France6.7%
    International4%
    Australia3.1%
  • Financials30.3%
    Industrials28.2%
    Utilities14.9%
    Others8.1%
    Government Bonds7.9%
  • UK Corporate Fixed Interest56.9%
    US Corporate Fixed Interest10.3%
    French Corporate Fixed Interest6.7%
    Futures4.2%
    Global Fixed Interest3.9%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.7%-6.1%3.1%6.4%17.7%44.3%
Sector-1.4%-5%2.9%5.9%16.4%35.1%
Rank within sector75 / 9775 / 9438 / 9434 / 91--
Quartile4th4th2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund7.4%----
Sector6.9%-0.3%10.1%0.2%12.1%
Rank within sector35 / 92----
Quartile2nd
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.
-0.53
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.
1.21
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.
0.36
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%.
6.44
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.
1.32
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.
0.38
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.
0.99
Price movement
52 week high189.53
52 week low161.49
Current bid price-
Current offer price-
Current mid price177
Region
1UK64.57%
2USA9.81%
3France6.68%
4International3.96%
5Australia3.12%
6Netherlands2.69%
7Europe2.59%
8Italy1.68%
9Mexico1.06%
Industry sector
1Financials30.28%
2Industrials28.16%
3Utilities14.95%
4Others8.09%
5Government Bonds7.94%
6Asset/Mortgage-Backed Securities5.26%
7Mortgage & Secured Bonds3.5%
8Property Shares1.83%
Asset type
1UK Corporate Fixed Interest56.92%
2US Corporate Fixed Interest10.29%
3French Corporate Fixed Interest6.68%
4Futures4.24%
5Global Fixed Interest3.91%
6European Fixed Interest3.56%
7Australian Corporate Fixed Interest3.12%
8Money Market2.79%
9Dutch Corporate Fixed Interest2.69%
Individual holdings
1BARCLAYS BANK PLC 10% SUB NTS 21/05/21 GBP500001.6%
2SSE 3.875%1.3%
3VERIZON COMMUNICATIONS INC 4.75% MTN 17/02/34 GBP1000001.2%
4FRIENDS LIFE HLDGS 8.25% 21/04/221.1%
5HSBC HLDGS 7% SUBORD NTS 07/04/38 GBP500001.1%
6ELECTRICITE DE FRANCE 6.125 02/06/341%
7HSBC HLDGS 6.50% NTS 20/05/24 GBP50000 `15`1%
8NATIONAL WESTMINSTER BANK 7.125% PERP1%
9BG ENERGY CAPITAL 6.5% CAP SECS BDS 30/11/72 EUR10000.9%
Management
Fund manager group
Aberdeen
Fund manager company
Aberdeen Fund Managers Limited
Fund type
OEIC
Fund objective
The Fund aims to provide a combination of income and capital growth by investing predominantly in Investment grade corporate Debt and debt-related securities denominated in (or hedged back to) Sterling. The Fund may also invest in other transferable securities, including Investment grade and sub-Investment grade Debt and debt-related securities denominated in any currency, including those issued by governments, public bodies and supra-national issuers, as well as money market instruments, deposits, cash and near cash, derivatives and units in collective investment schemes (including other funds managed by the Investment Adviser or its affiliates).
Benchmark
  • Markit iBoxx Sterling Corporate and Collateralised Index
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Pan European Credit Team16/07/2015
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Aberdeen Corporate Bond A Acc
Initial charge-
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price154.34
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMGXV
Aberdeen Corporate Bond A Inc
Initial charge-
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.22
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMGXW
Aberdeen Corporate Bond I Acc
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price177
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMGXX
Aberdeen Corporate Bond I Gr Acc
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price202.29
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMGXZ
Aberdeen Corporate Bond I Inc
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price115.93
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMGXY
Aberdeen Corporate Bond K Inc
Initial charge-
Annual charge0.35%
Min single investment£25,000,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.48%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.58
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN55U
Aberdeen Corporate Bond P Gr Inc
Initial charge-
Annual charge0.25%
Min single investment£5,000,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.38%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.7
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMGYB
Aberdeen Corporate Bond P Inc
Initial charge-
Annual charge0.25%
Min single investment£5,000,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.38%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price109.38
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMGYA
Aberdeen Corporate Bond Q Gr Inc
Initial charge-
Annual charge0.25%
Min single investment£5,000,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.28%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.72
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMGYD
Aberdeen Corporate Bond Q Inc
Initial charge-
Annual charge0.25%
Min single investment£5,000,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.28%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price109.37
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMGYC
Aberdeen Corporate Bond Z Acc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price193.82
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMGYE
Aberdeen Corporate Bond Z Inc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.61
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN55T
Data provided by

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