Fact sheet: Aberdeen World Oppc Bd

Fund information
Fund name
Aberdeen World Opportunistic Bond I Acc
Fund manager company
Aberdeen Fund Managers Limited
Fund type
OEIC
Fund manager
  • Global Credit Teamsince 11/03/2013
Fund objective
The Fund’s investment objective is long-term total return to be achieved by investing primarily in a diversified portfolio of global investment and sub-investment grade Debt and debt related securities issued by companies, governments, government related bodies and supranational institutions. Additionally, the Fund may invest in other transferable securities and units in collective investments schemes, including those managed by the ACD or companies related to the ACD. The Fund’s assets will primarily be either denominated in sterling or denominated in currencies other than sterling and hedged back to sterling.
Benchmark
  • Barclays Global Agg Credit
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
3.9%
1 Year rank in sector
56/77
Sector
UT Sterling Strategic Bond
Yield
3.3%
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.
0.63%
Fund size
£114m (£121m 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.
22
Mid price
110.09
Top in this sector
Fund name1 Year
Fidelity I Stg Cr + Bd11.8%
Natixis LS Stgc Inc11%
Fidelity UK Inv Grd Lg Cr10.6%
Fidelity Pre-Retirmnt Bd9.8%
NFU Mutual Gilt & Corporate Bond8.9%
...more in UT Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK100.9%
    France6.5%
    Germany5.7%
    Netherlands4.4%
    India3.8%
  • Industrials45.1%
    Financials30.3%
    Government Bonds9.8%
    Mortgage & Secured Bonds5.4%
    Utilities4.5%
  • US Corporate Fixed Interest35.1%
    UK Corporate Fixed Interest9.9%
    Cash & Cash Equivalents8.3%
    French Corporate Fixed Interest6.5%
    Australian Corporate Fixed Interest5.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.8%-3%0.6%3.9%7.3%-
Sector-1.2%-3.1%2.3%4.9%12.6%32.2%
Rank within sector70 / 8345 / 8274 / 8256 / 7763 / 71-
Quartile4th3rd4th3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund4.6%-1.5%4.5%--
Sector5.7%-0.3%6.8%2.6%12.6%
Rank within sector54 / 7765 / 7452 / 72--
Quartile3rd4th3rd
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.
-0.85
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.
0.91
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%.
3.66
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.
1.99
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.
-0.6
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.
0.71
Price movement
52 week high113.87
52 week low103.97
Current bid price-
Current offer price-
Current mid price110.09
Region
1UK100.93%
2France6.48%
3Germany5.67%
4Netherlands4.43%
5India3.8%
6Australia3.53%
7Sweden2.32%
8Canada2.01%
9China1.62%
Industry sector
1Industrials45.14%
2Financials30.35%
3Government Bonds9.76%
4Mortgage & Secured Bonds5.39%
5Utilities4.51%
6Others3.3%
7Property Shares1.54%
Asset type
1US Corporate Fixed Interest35.08%
2UK Corporate Fixed Interest9.93%
3Cash & Cash Equivalents8.3%
4French Corporate Fixed Interest6.48%
5Australian Corporate Fixed Interest5.69%
6German Corporate Fixed Interest5.67%
7Money Market5.64%
8Dutch Corporate Fixed Interest4.43%
9Indian Corporate Fixed Interest3.8%
Individual holdings
1FORD MOTOR CREDIT CO LLC 5.75% BDS 01/02/21 USD10001.3%
2GOLDMAN SACHS GROUP INC 3.75% BDS 22/05/25 USD20001.1%
3HSBC FINA 6.676% 15/01/211.1%
4NATIONAL AUSTRALIA BANK 2.25% BDS 16/03/21 USD10001.1%
5PENTAIR FINANCE SA 2.45% BDS 17/09/19 EUR1000001.1%
6SVENSK EXPORTKREDIT AKTIEBOLAGET 2.875% BDS 14/11/23 USD200000 144A1.1%
7CITIGROUP 2.35% 02/08/211%
8EUROPEAN BANK RECON & DEV 1.3125% 24/08/201%
9MUNICH RE FINANCE BV 7.625% BDS 21/6/28 GBP10001%
Management
Fund manager group
Aberdeen
Fund manager company
Aberdeen Fund Managers Limited
Fund type
OEIC
Fund objective
The Fund’s investment objective is long-term total return to be achieved by investing primarily in a diversified portfolio of global investment and sub-investment grade Debt and debt related securities issued by companies, governments, government related bodies and supranational institutions. Additionally, the Fund may invest in other transferable securities and units in collective investments schemes, including those managed by the ACD or companies related to the ACD. The Fund’s assets will primarily be either denominated in sterling or denominated in currencies other than sterling and hedged back to sterling.
Benchmark
  • Barclays Global Agg Credit
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Global Credit Team11/03/2013
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Aberdeen World Opportunistic Bond A Acc
Initial charge-
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108.33
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI9RJ
Aberdeen World Opportunistic Bond A Inc
Initial charge-
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.08
CurrencyGBX
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI9RI
Aberdeen World Opportunistic Bond I Acc
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price110.09
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI9RL
Aberdeen World Opportunistic Bond I Inc
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.82
CurrencyGBX
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI9RK
Aberdeen World Opportunistic Bond Z Acc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.23
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI9RM
Aberdeen World Opportunistic Bond Z Gr Acc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.48
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN9QP
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.