Fact sheet: Aberdeen European Hi Yield Bd

Fund information
Fund name
Aberdeen European High Yield Bond I Acc
Fund manager company
Aberdeen Fund Managers Limited
Fund type
OEIC
Fund manager
  • Euro High Yield Teamsince 09/03/2011
Fund objective
The investment objective is to provide an attractive level of income with the opportunity for some long-term capital return.
Benchmark
  • Merrill Lynch European Currency High Yield Constrained Index (HPC0) hedged into GBP
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
5.1%
1 Year rank in sector
19/22
Sector
UT Sterling High Yield
Yield
6.2%
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.
0.85%
Fund size
£136m (£134m 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.
25
Mid price
132.25
Top in this sector
Fund name1 Year
Fidelity Global High Yield12.4%
L&G High Income Trust10.8%
Newton Global Hi Yield Bd10.8%
Investec MonthlyHiInc10%
JPM Global High Yield Bond9.6%
...more in UT Sterling High Yield

Performance snapshot

Holdings snapshot

  • UK101.9%
    Luxembourg12.9%
    France10.8%
    Netherlands7.6%
    Germany5.8%
  • Industrials74.9%
    Financials22.5%
    Utilities1.4%
    Government Bonds1.3%
    Property Shares1%
  • UK Corporate Fixed Interest36.1%
    Luxembourg Corporate Fixed Interest12.9%
    French Corporate Fixed Interest10.8%
    US Corporate Fixed Interest8.1%
    Dutch Corporate Fixed Interest7.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%-0.4%2.3%5.1%14.9%54.1%
Sector0.4%0.1%4.3%7.1%10.8%39.4%
Rank within sector21 / 2215 / 2221 / 2219 / 224 / 215 / 19
Quartile4th3rd4th4th1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund5.8%5.1%2.6%8.5%25.3%
Sector8.5%-0.3%1.8%6.2%18.4%
Rank within sector21 / 221 / 2210 / 215 / 202 / 19
Quartile4th1st2nd1st1st
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.
2.45
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.
0.75
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.
0.35
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%.
3.67
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.
1.92
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.
0.88
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.
0.82
Price movement
52 week high133.17
52 week low120.65
Current bid price-
Current offer price-
Current mid price132.25
Region
1UK101.9%
2Luxembourg12.87%
3France10.77%
4Netherlands7.65%
5Germany5.79%
6USA5.78%
7Italy5.76%
8Spain3.9%
9South Africa1.92%
Industry sector
1Industrials74.95%
2Financials22.45%
3Utilities1.37%
4Government Bonds1.31%
5Property Shares0.99%
6Others-1.08%
Asset type
1UK Corporate Fixed Interest36.08%
2Luxembourg Corporate Fixed Interest12.87%
3French Corporate Fixed Interest10.77%
4US Corporate Fixed Interest8.11%
5Dutch Corporate Fixed Interest7.65%
6Italian Corporate Fixed Interest5.76%
7German Corporate Fixed Interest5.59%
8Spanish Corporate Fixed Interest3.73%
9Money Market2.77%
Individual holdings
1NUMERICABLE SFR 5.625% BDS 15/05/24 EUR1000002.3%
2ZINC CAPITAL SA 8.875% NTS 15/05/18 EUR1000 144A2.1%
3INTERNATIONAL PERSONAL FINANCE PLC 5.75% SNR UNSC UNSB NTS 7/4/21 EUR1000002%
4LGE HOLDCO 7.125% 15/05/242%
5WIND ACQUISITION FINANCE SA 7% BDS 23/04/21 EUR1000144A2%
6ALTICE SA 7.25% BDS 15/05/22 EUR1000001.9%
7PGH CAPITAL PLC 6.625% GTD SUB NTS 18/12/25 GBP1000001.8%
8AGROK VIA AQUARIUS 08/08/171.6%
9ALBA GROUP 8% BDS 15/05/18 EUR100000 144A1.6%
Management
Fund manager group
Aberdeen
Fund manager company
Aberdeen Fund Managers Limited
Fund type
OEIC
Fund objective
The investment objective is to provide an attractive level of income with the opportunity for some long-term capital return.
Benchmark
  • Merrill Lynch European Currency High Yield Constrained Index (HPC0) hedged into GBP
Investment style
High Yield
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Euro High Yield Team09/03/2011
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Aberdeen European High Yield Bond A Acc
Initial charge-
Annual charge1.25%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.4%
Total expense ratio (TER)1.49%
Bid price-
Offer price-
Mid price129.43
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN2Z7
Aberdeen European High Yield Bond A Inc
Initial charge-
Annual charge1.25%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.4%
Total expense ratio (TER)1.49%
Bid price-
Offer price-
Mid price90.54
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN2Z8
Aberdeen European High Yield Bond I Acc
Initial charge-
Annual charge0.7%
Min single investment£500,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price132.25
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN2Z9
Aberdeen European High Yield Bond I Inc
Initial charge-
Annual charge0.7%
Min single investment£500,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.05
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN3A0
Aberdeen European High Yield Bond Z Acc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.84
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN3A1
Aberdeen European High Yield Bond Z Inc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN3A2
Data provided by

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