Fact sheet: Aberdeen Stg Lg Dtd Corp Bd

Fund information
Fund name
Aberdeen Sterling Long Dated Corporate Bond K Acc
Fund manager company
Aberdeen Fund Managers Limited
Fund type
OEIC
Fund manager
  • Pan European Credit Teamsince 12/05/2016
Fund objective
The Fund aims to achieve income and capital growth with the Fund predominantly invested in Sterling denominated longer dated (10+ years) non-government Investment grade Debt and debt-related securities. The Fund may invest up to 10% of its Net Asset Value in Debt and Debt-Related Securities which are Sub-Investment grade as at the date of investment. Any security which is downgraded after purchase to Sub-Investment grade will not be sold unless, in the opinion of the Investment Adviser, it is in the best interests of Shareholders to do so. 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, as well as money market instruments, deposits, cash and near cash, derivatives (for efficient portfolio management only) and units in collective investment schemes (including other funds managed by the Investment Adviser or its affiliates)
Benchmark
  • iBoxx Sterling Non Govt >10 yrs
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
15.5%
1 Year rank in sector
8/89
Sector
UT Sterling Corporate Bond
Yield
2.6%
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.
0.55%
Fund size
£25m (£20m 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.
65
Mid price
299.44
Top in this sector
Fund name1 Year
Schroder Long Dated Corp Bond18.7%
Henderson Inst Long Dat Cr18.1%
Fidelity Inst UK Lg Crp Bd17.4%
F&C Instl Lg Dtd Corp Bd17.1%
Blackrock InstBdOver10YrCorp16.8%
...more in UT Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK57.7%
    USA12.3%
    France9.6%
    Germany7.8%
    Netherlands4.7%
  • Financials26.9%
    Government Bonds23.5%
    Industrials22.9%
    Utilities19.4%
    Asset/Mortgage-Backed Securities2.8%
  • UK Corporate Fixed Interest53%
    US Corporate Fixed Interest12.3%
    French Corporate Fixed Interest9.6%
    German Corporate Fixed Interest7.8%
    Dutch Corporate Fixed Interest4.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2%3.6%-6.7%15.5%29%49.6%
Sector1.4%2.6%-2.1%10.5%18.5%33%
Rank within sector8 / 9510 / 9587 / 908 / 898 / 837 / 70
Quartile1st1st4th1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund0%14.1%-0.8%16.8%-0.1%
Sector0.7%9.1%-0.3%10.1%0.2%
Rank within sector89 / 959 / 8866 / 866 / 8358 / 77
Quartile4th1st4th1st4th
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.
-1.92
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.
1.93
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.
0.43
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%.
10.29
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.
5.12
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.
0.49
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.
0.98
Price movement
52 week high324.69
52 week low259.23
Current bid price-
Current offer price-
Current mid price299.44
Region
1UK57.74%
2USA12.26%
3France9.64%
4Germany7.81%
5Netherlands4.67%
6International3.35%
7Australia1.35%
8Italy1.28%
9Mexico1.09%
Industry sector
1Financials26.88%
2Government Bonds23.53%
3Industrials22.95%
4Utilities19.36%
5Asset/Mortgage-Backed Securities2.8%
6Property Shares2.22%
7Mortgage & Secured Bonds1.42%
8Others0.86%
Asset type
1UK Corporate Fixed Interest53.05%
2US Corporate Fixed Interest12.26%
3French Corporate Fixed Interest9.64%
4German Corporate Fixed Interest7.81%
5Dutch Corporate Fixed Interest4.67%
6Supranational Fixed Interest4.51%
7UK Gilts2.67%
8Australian Corporate Fixed Interest1.35%
9Italian Corporate Fixed Interest1.28%
Individual holdings
1EUROPEAN INVESTMENT BANK 4.5% BDS 07/06/29 GBP10002.7%
2HSBC HLDGS 5.75% SUBORD NTS 20/12/27 GBP10002%
3LCR FINANCE 4.5% GTD BDS 2028 GBP1000 `144A` (BR)1.9%
4ASPIRE DEFENCE FINANCE 4.674% SER`A`GTD SEC BD 31/3/40 GBP500001.7%
5ELECTRICITE DE FRANCE 6.125 02/06/341.7%
6NORTHERN GAS NETWORKS FINANCE 4.875% GTD BDS 30/06/27 GBP500001.7%
7COMMUNITY FINANCE CO 5.017% BDS 31/07/34 GBP1000001.6%
8ELECTRICITE DE FRANCE 5.875% 18/07/20311.6%
9ELECTRICITE DE FRANCE 5.125% 22/09/20501.5%
Management
Fund manager group
Aberdeen
Fund manager company
Aberdeen Fund Managers Limited
Fund type
OEIC
Fund objective
The Fund aims to achieve income and capital growth with the Fund predominantly invested in Sterling denominated longer dated (10+ years) non-government Investment grade Debt and debt-related securities. The Fund may invest up to 10% of its Net Asset Value in Debt and Debt-Related Securities which are Sub-Investment grade as at the date of investment. Any security which is downgraded after purchase to Sub-Investment grade will not be sold unless, in the opinion of the Investment Adviser, it is in the best interests of Shareholders to do so. 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, as well as money market instruments, deposits, cash and near cash, derivatives (for efficient portfolio management only) and units in collective investment schemes (including other funds managed by the Investment Adviser or its affiliates)
Benchmark
  • iBoxx Sterling Non Govt >10 yrs
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Pan European Credit Team12/05/2016
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Aberdeen Sterling Long Dated Corporate Bond A Acc
Initial charge-
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.51
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN55K
Aberdeen Sterling Long Dated 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)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.91
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN55L
Aberdeen Sterling Long Dated Corporate Bond K Acc
Initial charge-
Annual charge0.35%
Min single investment£25,000,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price299.44
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCHZ3
Aberdeen Sterling Long Dated 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)0.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.21
CurrencyGBX
Price updated23/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNFBX
Aberdeen Sterling Long Dated 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)0.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price258.79
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCHZ5
Data provided by

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