Fact sheet: Aberdeen Absolute Rtn Bd

Fund information

Fund name
Aberdeen Absolute Return Bond I Acc
Fund company manager
Aberdeen Fund Managers Limited
Fund type
OIC
Fund manager
Global Credit Team
since 28/08/2015
Fund objective
The Fund aims to achieve a positive return over a rolling 12-month period, independent of prevailing market conditions, by investing predominantly in Debt and debt–related securities issued by governments, supranational institutions, government-related bodies and/or corporations, as well as money market instruments, cash, near cash and deposits. There is no guarantee that a positive return will be achieved over any time period and capital may be at risk. Investors may not get back the full amount originally invested. All or a substantial proportion of the physical assets of the Fund may at any time consist of cash and near cash, deposits and/or money market instruments. Additionally, the Fund may invest in units in collective investments 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.
Benchmark
3 Month LIBOR
Investment style
Absolute Return
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

3.2 %

1 Year rank in sector

45/71

Sector

UT Targeted Absolute Return

Yield

1.1

Fund size

£ 187.0 m

FE Risk score

12

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    92.2578%
  • Netherlands
    5.4612%
  • Sweden
    4.5084%
  • Switzerland
    4.0311%
  • Czech Republic
    3.0387%
  • Financials
    39.1364%
  • Industrials
    37.9489%
  • Others
    7.5749%
  • Government Bonds
    7.3985%
  • Utilities
    5.9976%
  • Cash & Cash Equivalents
    56.9944%
  • US Corporate Fixed Interest
    23.9495%
  • UK Corporate Fixed Interest
    19.538%
  • Money Market
    13.7232%
  • German Corporate Fixed Interest
    6.8641%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.26 %1.35 %3.19 %-1.47 %5.49 %
Sector0.16 %2.35 %4.63 %7.85 %18.81 %
Rank within sector34 / 7850 / 7745 / 7152 / 5745 / 49
Quartile th2 nd3 rd3 rd4 th4 th

Calendar performance

YTD-20172016201520142013
Fund1.35 %0.99 %-1.26 %-3.49 %3.03 %
Sector2.23 %0.97 %2.2 %2.51 %6.51 %
Rank within sector47 / 7738 / 7055 / 6453 / 5540 / 50
Quartile th3 rd3 rd4 th4 th4 th

Risk statistics

Alpha-1.11
Beta0.15
Sharpe-0
Volatility1.79
Tracking error2.29
Information ratio-1.42
R-Squared0.02

Price movement

52 week high106.38
52 week low102.61
Current bid price0
Current offer price0
Current mid price106.12

Holdings by region

  • 92.2578% UK
  • 5.4612% Netherlands
  • 4.5084% Sweden
  • 4.0311% Switzerland
  • 3.0387% Czech Republic
  • 2.5161% Russia
  • 1.9822% India
  • 1.9677% Israel
  • 1.5599% Spain
  • 1.4552% Turkey

Holdings by sector

  • 39.1364% Financials
  • 37.9489% Industrials
  • 7.5749% Others
  • 7.3985% Government Bonds
  • 5.9976% Utilities
  • 3.4268% Asset/Mortgage-Backed Securities
  • 1.1196% Mortgage & Secured Bonds
  • 1.0429% Property Shares
  • -2.6404% Derivatives

Holdings by asset type

  • 56.9944% Cash & Cash Equivalents
  • 23.9495% US Corporate Fixed Interest
  • 19.538% UK Corporate Fixed Interest
  • 13.7232% Money Market
  • 6.8641% German Corporate Fixed Interest
  • 5.4612% Dutch Corporate Fixed Interest
  • 3.9952% French Corporate Fixed Interest
  • 3.615% Italian Corporate Fixed Interest
  • 2.4922% Swiss Corporate Fixed Interest
  • 1.9822% Indian Corporate Fixed Interest

Individual holdings

  • 1.6% DAIMLER AG 1.75% BDS 08/11/17 GBP1000
  • 1.6% HSBC HLDGS CALL SUB 6.375%/FLTG RT NTS 18/10/22 GBP
  • 1.5% SOCIETE GENERALE 9.375% FRN PERP
  • 1.3% COOPERATIEVE RABOBANK UA 11% VAR PERP
  • 1.3% EBAY INC FRN 30/01/23 USD2000
  • 1.2% ANNINGTON FINANCE NO 4 0% BDS 7/12/2022 GBP10000
  • 1.2% ELECTRONIC ARTS 3.7% BDS 01/03/21 USD2000
  • 1.2% PGH CAPITAL 5.75%/14-07.07.2021
  • 1.2% SLM STUDENT LOAN TRUST 2003-10 5.15% EMTN 15/12/2039 GBP1 144A
  • 1.2% SUNCORP METWAY LTD 2.35% BDS 27/04/20 USD2000