Fact sheet: Aberdeen Liquidity (L) Euro

Fund information
Fund name
Aberdeen Liquidity (Lux) Euro J2
Fund manager company
Aberdeen Global Services S.A.
Fund type
Offshore Fund
Fund manager
  • Money Markets Teamsince 23/07/1990
Fund objective
The Fund's investment objective is to preserve capital and a stable value whilst maintaining high liquidity and achieving returns. To achieve this objective, the assets of the Fund are invested with the principle of risk diversification predominantly in Euro denominated Money Market Instruments and in deposits with credit institutions, including but not limited to, fixed-term deposits at financial institutions, certificates of deposit, commercial paper, medium-term notes, short-term treasury bills and call and notice accounts. Cash and cash equivalents may be held on an ancillary basis. The Fund is intended to be managed as a short-term money market fund as defined by CESR and/or ESMA from time to time. In addition, the Investment Manager will seek to obtain and maintain an AAAm or equivalent rating assigned by at least one ratings agency.
Benchmark
  • LIBID EURO 7 Day
Investment style
Liquidity
Investment method
None
Quick stats
1 Year return
-0.3%
1 Year rank in sector
27/56
Sector
FO Currency - Euro
Yield
-0%
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.
0.05%
Fund size
£861m (£644m 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
Carmignac PtfCapCbe4%
Amundi Abs Euro Taux Court1.3%
BNP Paribas Sht Tm Eurpn Secrtn1.2%
DPAM L Liq EUR&FRN1.1%
Hume Caut MA €1.1%
...more in FO Currency - Euro

Performance snapshot

Holdings snapshot

  • France18.2%
    USA17.4%
    UK11.8%
    Qatar8.7%
    Japan7.4%
  • Financials50.2%
    Others29.8%
    Industrials16.8%
    Mortgage & Secured Bonds1.4%
    Utilities1%
  • Money Market84.5%
    US Corporate Fixed Interest5.5%
    Australian Corporate Fixed Interest3%
    New Zealand Corporate Fixed Interest2.8%
    French Corporate Fixed Interest1.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%-0.1%-0.2%-0.3%-0.3%-0%
Sector-0%-0.3%-0.4%-0.6%-0.6%-0.4%
Rank within sector24 / 5726 / 5728 / 5727 / 5621 / 5220 / 48
Quartile2nd2nd2nd2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund-0.1%-0.3%-0%0.1%0.1%
Sector-0.2%-0.4%-0.1%0.1%0%
Rank within sector25 / 5729 / 5515 / 5022 / 5114 / 48
Quartile2nd3rd2nd2nd2nd
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.
-0.05
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.
0.22
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.
-
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%.
0.05
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.
0.12
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.
0.68
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.
0.37
Price movement
52 week high1082.59
52 week low1079.11
Current bid price-
Current offer price-
Current mid price1079.11
Region
1France18.23%
2USA17.42%
3UK11.77%
4Qatar8.72%
5Japan7.43%
6Netherlands5.99%
7Switzerland4.81%
8New Zealand4.5%
9United Arab Emirates4.41%
Industry sector
1Financials50.24%
2Others29.77%
3Industrials16.82%
4Mortgage & Secured Bonds1.44%
5Utilities1.01%
6Government Bonds0.6%
7Property Shares0.12%
Asset type
1Money Market84.49%
2US Corporate Fixed Interest5.46%
3Australian Corporate Fixed Interest3.01%
4New Zealand Corporate Fixed Interest2.79%
5French Corporate Fixed Interest1.62%
6Belgian Corporate Fixed Interest1.18%
7Dutch Corporate Fixed Interest1.17%
8UK Corporate Fixed Interest0.75%
9German Corporate Fixed Interest0.67%
Individual holdings
1BANQUE NTNL PA FD -.46PCT 28FEB17 01MAR17 EUR5%
2NATIXIS FD -0.45PCT 28FEB17 01MAR17 EUR3.5%
3NTL BK ABU DBI FD -.46PCT 28FEB17 01MAR17 EUR3.5%
4SUMITOMO MIT BK FD-.47PCT 28FEB17 01MAR17 EUR3.5%
5COCA-COLA CO FRN 09/03/17 EUR1000003.1%
6PROCTER GAMBLE CO CP ZCP 24FEB17 06JUN17 EUR3%
7HSBC FRANCE FRN ZCP 25SEP17 EUR2.1%
8PROCTER AND GAMBLE CP ZCP 24JAN17 5MAY17 EUR1.9%
9AUSTRALIA & NEW ZEALAND BANKING GRP 3.75% NTS 10/03/17 EUR500001.8%
Management
Fund manager group
Aberdeen
Fund manager company
Aberdeen Global Services S.A.
Fund type
Offshore Fund
Fund objective
The Fund's investment objective is to preserve capital and a stable value whilst maintaining high liquidity and achieving returns. To achieve this objective, the assets of the Fund are invested with the principle of risk diversification predominantly in Euro denominated Money Market Instruments and in deposits with credit institutions, including but not limited to, fixed-term deposits at financial institutions, certificates of deposit, commercial paper, medium-term notes, short-term treasury bills and call and notice accounts. Cash and cash equivalents may be held on an ancillary basis. The Fund is intended to be managed as a short-term money market fund as defined by CESR and/or ESMA from time to time. In addition, the Investment Manager will seek to obtain and maintain an AAAm or equivalent rating assigned by at least one ratings agency.
Benchmark
  • LIBID EURO 7 Day
Investment style
Liquidity
Investment method
None
Fund manager
NameSinceBiography
Money Markets Team23/07/1990
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Chile, Germany, Spain, Finland, France, United Kingdom, Gibraltar, Guernsey, Hungary, Ireland, Italy, Jersey, Liechtenstein, Luxembourg, Offshore, Peru, Singapore, Sweden
Aberdeen Liquidity (Lux) Euro A2
Initial charge3%
Annual charge0.02%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price444.3411
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCP67
Aberdeen Liquidity (Lux) Euro I2
Initial charge3%
Annual charge0.02%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1217.1613
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCY87
Aberdeen Liquidity (Lux) Euro J2
Initial charge3%
Annual charge0.02%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1079.1146
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeAJQ0
Aberdeen Liquidity (Lux) Euro J3
Initial charge3%
Annual charge0.05%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyEUR
Price updated28/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFD0V
Aberdeen Liquidity (Lux) Euro K2
Initial charge3%
Annual charge0.02%
Min single investment£35,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.968
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFK9M
Aberdeen Liquidity (Lux) Euro Z3
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1000
CurrencyEUR
Price updated28/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFD0U
Data provided by

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