Fact sheet: Aberdeen Global II EuAbReBd

Fund information
Fund name
Aberdeen Global II Euro Absolute Return Bond I2 EUR
Fund manager company
Aberdeen Global Services S.A.
Fund type
Offshore Fund
Fund manager
  • Global Credit Teamsince 27/03/2015
Fund objective
The Fund aims to achieve a positive return over the 3 Month Euro Inter Bank Offered Rate (“Euribor”) over a rolling 12 month period, independent of prevailing market conditions, by investing the majority of the Fund in Debt and Debt–Related Securities issued by governments, supranational institutions, government-related bodies, multilateral development banks, and/or corporations. There can be no assurance that a positive return or reduced volatility will be achieved over any time period.
Benchmark
  • EURIBOR 3 Month
Investment style
Absolute Return
Investment method
Fixed Interest
Quick stats
1 Year return
0.6%
1 Year rank in sector
62/128
Sector
FO Absolute Return
Yield
0.2%
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.
0.8%
Fund size
£8m (£9m 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.
63
Top in this sector
Fund name1 Year
SW Mitchell Emerging European19.1%
Pioneer SICV-AbsRetBd14%
BlackRock SFAmDfEAbslRn13%
Orbis Optimal SA11.7%
Polar Capital UK Abs Eq11.7%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

  • Europe89.3%
    France10.5%
    Spain4.7%
    UK4.3%
    Italy3.7%
  • Financials87.9%
    Industrials40.8%
    Utilities10.8%
    Mortgage & Secured Bonds3.9%
    Government Bonds3.1%
  • Money Market21.4%
    UK Corporate Fixed Interest19.1%
    US Corporate Fixed Interest17.3%
    French Corporate Fixed Interest9.3%
    Spanish Corporate Fixed Interest4.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%0.8%1.3%0.6%-5.6%6.6%
Sector0%1.6%1.4%0.5%3.9%10.7%
Rank within sector39 / 13885 / 13765 / 13562 / 12873 / 7838 / 60
Quartile2nd3rd2nd2nd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund0.5%-1.9%-3.6%2.8%7.6%
Sector0.5%0.7%1.2%3.6%3.9%
Rank within sector67 / 13283 / 11681 / 8839 / 7113 / 62
Quartile3rd3rd4th3rd1st
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.
-2.4
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.
0.39
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
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%.
1.94
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.
2.12
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.
-1.54
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.
0.15
Price movement
52 week high1.06
52 week low1.04
Current bid price-
Current offer price-
Current mid price1.06
Region
1Europe89.28%
2France10.47%
3Spain4.75%
4UK4.26%
5Italy3.74%
6Switzerland3.54%
7Netherlands3.39%
8Australia2%
9Japan1.51%
Industry sector
1Financials87.9%
2Industrials40.8%
3Utilities10.76%
4Mortgage & Secured Bonds3.86%
5Government Bonds3.13%
6Asset/Mortgage-Backed Securities1.91%
7Property Shares1.35%
8Derivatives-2.98%
9Others-46.73%
Asset type
1Money Market21.43%
2UK Corporate Fixed Interest19.14%
3US Corporate Fixed Interest17.31%
4French Corporate Fixed Interest9.28%
5Spanish Corporate Fixed Interest4.75%
6German Corporate Fixed Interest4.7%
7Australian Corporate Fixed Interest4.15%
8Cash & Cash Equivalents3.96%
9Swiss Corporate Fixed Interest3.54%
Individual holdings
1BARCLAYS BANK FRN PERP 32.5%
2BANQUE FED CRED MUTUEL 2% 12/04/192.1%
3ORANGE 5.75% VAR PERP1.6%
4WESTERN POWER DISTRIBUTION EAST MID 3.625% NTS 06/11/23 GBP1000001.6%
5AT&T INC FRN 04/06/19 EUR1000001.5%
6PENTAIR FINANCE SA 2.45% BDS 17/09/19 EUR1000001.5%
7SOCIETE GENERALE 9.375% FRN PERP EMTN1.5%
8SILVERSTONE MASTER ISSUER 5.063% 21/04/551.4%
9SKANDINAVISKA ENSKILDA FRN 19/11/181.4%
Management
Fund manager group
Aberdeen
Fund manager company
Aberdeen Global Services S.A.
Fund type
Offshore Fund
Fund objective
The Fund aims to achieve a positive return over the 3 Month Euro Inter Bank Offered Rate (“Euribor”) over a rolling 12 month period, independent of prevailing market conditions, by investing the majority of the Fund in Debt and Debt–Related Securities issued by governments, supranational institutions, government-related bodies, multilateral development banks, and/or corporations. There can be no assurance that a positive return or reduced volatility will be achieved over any time period.
Benchmark
  • EURIBOR 3 Month
Investment style
Absolute Return
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Global Credit Team27/03/2015
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, Spain, France, United Kingdom, Italy, Jersey, Luxembourg, Offshore
Aberdeen Global II Euro Absolute Return Bond A1 EUR
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-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFRYN
Aberdeen Global II Euro Absolute Return Bond A2 EUR
Initial charge6.38%
Annual charge1%
Min single investment£5,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.34%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.9628
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFRYO
Aberdeen Global II Euro Absolute Return Bond D1 GBP
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-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFRYP
Aberdeen Global II Euro Absolute Return Bond D2 GBP
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-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFRYQ
Aberdeen Global II Euro Absolute Return Bond I1 EUR
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-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFRYR
Aberdeen Global II Euro Absolute Return Bond I2 EUR
Initial charge6.38%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0589
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFRYS
Aberdeen Global II Euro Absolute Return Bond R1 GBP
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-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFRYT
Aberdeen Global II Euro Absolute Return Bond R2 GBP
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-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFRYU
Aberdeen Global II Euro Absolute Return Bond X1 EUR
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-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFRYV
Aberdeen Global II Euro Absolute Return Bond X2 EUR
Initial charge6.38%
Annual charge0.5%
Min single investment£5,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)0.84%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0071
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFRYW
Aberdeen Global II Euro Absolute Return Bond Z1 EUR
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-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFRYX
Aberdeen Global II Euro Absolute Return Bond Z2 EUR
Initial charge6.38%
Annual charge-
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.055
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFRYY
Data provided by

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