Fact sheet: Aberdeen Strategic Bond

Fund information
Fund name
Aberdeen Strategic Bond I Acc
Fund manager company
Aberdeen Fund Managers Limited
Fund type
OEIC
Fund manager
  • Pan European Credit Teamsince 10/09/2015
Fund objective
The Fund aims to provide a combination of income and capital growth by investing predominantly in global Debt and debt-related securities denominated in (or hedged back to) Sterling. The Fund may also invest in other transferable securities, including Debt and debt-related securities denominated in any currency, as well as money market instruments, deposits, cash and near cash, and units in collective investment schemes (including other funds managed by the Investment Adviser or its affiliates). The Fund may use financial derivatives instruments for investment purposes and/or efficient portfolio management. The Fund may use derivative instruments to create short and/or long positions.
Benchmark
  • No Specified Index
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
4%
1 Year rank in sector
57/77
Sector
UT Sterling Strategic Bond
Yield
3.7%
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.
0.64%
Fund size
£128m (£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.
23
Mid price
144.44
Top in this sector
Fund name1 Year
Fidelity I Stg Cr + Bd12.2%
Natixis LS Stgc Inc11.2%
Fidelity UK Inv Grd Lg Cr11.1%
Fidelity Pre-Retirmnt Bd10.1%
Legg Mason IFBrwiGlInOp9.1%
...more in UT Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK82.2%
    France7.5%
    Netherlands6.2%
    Australia4.6%
    Italy3.8%
  • Financials36.7%
    Industrials36.6%
    Others8.4%
    Government Bonds6.6%
    Utilities5.4%
  • UK Corporate Fixed Interest38.2%
    Cash & Cash Equivalents28.4%
    US Corporate Fixed Interest8.4%
    French Corporate Fixed Interest7.6%
    Dutch Corporate Fixed Interest6.2%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%-1.7%2.3%4%10.7%37.4%
Sector-1%-3%2.3%5.2%12.9%32.2%
Rank within sector31 / 8328 / 8237 / 8257 / 7748 / 7125 / 60
Quartile2nd2nd2nd3rd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund4.8%0.6%4.7%5.1%17%
Sector5.9%-0.3%6.8%2.6%12.6%
Rank within sector52 / 7726 / 7449 / 7221 / 6422 / 61
Quartile3rd2nd3rd2nd2nd
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.
-1.08
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.
1.14
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%.
4.17
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.
1.7
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.
-0.34
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.
0.85
Price movement
52 week high147.11
52 week low132.68
Current bid price-
Current offer price-
Current mid price144.44
Region
1UK82.15%
2France7.52%
3Netherlands6.23%
4Australia4.64%
5Italy3.8%
6Switzerland3.58%
7Luxembourg2.64%
8India1.91%
9Spain1.75%
Industry sector
1Financials36.7%
2Industrials36.62%
3Others8.43%
4Government Bonds6.65%
5Utilities5.44%
6Asset/Mortgage-Backed Securities2.96%
7Property Shares2.04%
8Mortgage & Secured Bonds1.23%
9Derivatives-0.07%
Asset type
1UK Corporate Fixed Interest38.17%
2Cash & Cash Equivalents28.35%
3US Corporate Fixed Interest8.38%
4French Corporate Fixed Interest7.6%
5Dutch Corporate Fixed Interest6.23%
6Australian Corporate Fixed Interest3.85%
7Swiss Corporate Fixed Interest3.58%
8Italian Corporate Fixed Interest2.94%
9Money Market2.64%
Individual holdings
1HBOS CAP FUNDING 6.461%2.1%
2LLOYDS BANK 13% VAR PERP1.7%
3E.ON INTERNATIONAL FINANCE 6.375% EUR MED TRM NTS 7/6/32 GBP10001.6%
4AXA 6.6862% FRN PERP1.3%
5CHORUS LTD 6.75% MTN 06/04/20 GBP10001.3%
6TREASURY 4.25% GILT 07/12/49 GBP0.011.3%
7FCE BANK 2.727% 03/06/221.2%
8JAGUAR LAND ROVER PLC 5% BDS 15/02/22 GBP1000144A1.2%
9PRUDENTIAL 8.5% PERP1.2%
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 global Debt and debt-related securities denominated in (or hedged back to) Sterling. The Fund may also invest in other transferable securities, including Debt and debt-related securities denominated in any currency, as well as money market instruments, deposits, cash and near cash, and units in collective investment schemes (including other funds managed by the Investment Adviser or its affiliates). The Fund may use financial derivatives instruments for investment purposes and/or efficient portfolio management. The Fund may use derivative instruments to create short and/or long positions.
Benchmark
  • No Specified Index
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Pan European Credit Team10/09/2015
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Aberdeen Strategic Bond A Acc
Initial charge-
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.14%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price140.3
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMOZE
Aberdeen Strategic Bond A Inc
Initial charge-
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.14%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price115.12
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMOZF
Aberdeen Strategic Bond I Acc
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.64%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price144.44
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMOZG
Aberdeen Strategic 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)0.64%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price113.34
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMOZI
Aberdeen Strategic Bond I Gr Inc
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.64%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.11
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMOZJ
Aberdeen Strategic Bond I Inc
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.64%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price115
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMOZH
Aberdeen Strategic Bond Z Acc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.14%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price149.22
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMOZK
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.