Fact sheet: Aberdeen Gbl Fntr Mkts Bd

Fund information

Fund name
Aberdeen Global Frontier Markets Bond X2
Fund company manager
Aberdeen Global Services S.A.
Fund type
SIB
Fund manager(s)
Emerging Market Debt Team
since 25/09/2013
Fund objective
The Fund’s investment objective is to achieve income by investing at least two-thirds of the Fund’s assets in Debt and Debt-Related Securities which are (i) issued by governments or government related bodies domiciled in a Frontier Debt Market and/or issued by corporations (including holding companies of such corporations) with their registered office, principal place of business or preponderance of their business activities in a Frontier Debt Market; and/or (ii) denominated in the currency of a Frontier Debt Market as at the date of investment. At least a majority of the Fund will at all times be invested in Sub-Investment Grade Debt and Debt-Related Securities. The Fund may utilise financial derivative instruments for hedging and/or investment purposes, or to manage foreign exchange risks, subject to the conditions and within the limits laid down by the CSSF.
Benchmark
JPM Next Generation Markets
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

11.51 %

1 Year rank in sector

7/240

Sector

FO Fixed Int - Emerging Markets

Yield

7.2223

Fund size

£ 104.3 m

FE Risk score

104

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Nigeria
    7.39%
  • USA
    7.37%
  • Ecuador
    7.35%
  • Sri Lanka
    6.99%
  • Ghana
    5.66%
  • Government Bonds
    72.83%
  • Financials
    12.38%
  • Industrials
    8.04%
  • Others
    6.75%
  • African Government Fixed Interest
    33.09%
  • American Emerging Government Fixed Interest
    17.71%
  • Asia Pacific Emerging Government Fixed Income
    7.02%
  • African Fixed Interest
    5.95%
  • African Corporate Fixed Interest
    5.71%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.88 %6.69 %11.51 %25.52 %0 %
Sector-0.23 %3.01 %5.19 %6.21 %4.33 %
Rank within sector26 / 2548 / 2457 / 24012 / 198 /
Quartile th1 st1 st1 st1 st th

Calendar performance

YTD-20172016201520142013
Fund12.88 %14.58 %-1.63 %6.72 %0 %
Sector8.33 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector37 / 24325 / 22885 / 20927 / 170 /
Quartile th1 st1 st2 nd1 st th

Risk statistics

Alpha5.37
Beta0.82
Sharpe0.5
Volatility7.17
Tracking error4.43
Information ratio1.11
R-Squared0.65

Price movement

52 week high13.6388
52 week low11.844
Current bid price0
Current offer price0
Current mid price13.628

Holdings by region

  • 7.39% Nigeria
  • 7.37% USA
  • 7.35% Ecuador
  • 6.99% Sri Lanka
  • 5.66% Ghana
  • 5.62% Mongolia
  • 5.08% Kenya
  • 4.65% Honduras
  • 3.8% Ukraine
  • 3.75% Iraq

Holdings by sector

  • 72.83% Government Bonds
  • 12.38% Financials
  • 8.04% Industrials
  • 6.75% Others

Holdings by asset type

  • 33.09% African Government Fixed Interest
  • 17.71% American Emerging Government Fixed Interest
  • 7.02% Asia Pacific Emerging Government Fixed Income
  • 5.95% African Fixed Interest
  • 5.71% African Corporate Fixed Interest
  • 5.06% Asia Pacific Emerging Corporate Fixed Income
  • 4.93% Cash & Cash Equivalents
  • 4.42% American Emerging Corporate Fixed Interest
  • 3.83% European Emerging Corporate Fixed Interest
  • 3.75% Middle East & African Government Fixed Interest

Individual holdings

  • 6% ARAB REPUBLIC OF EGYPT(THE) 0% TB 29/05/18 EGP25000
  • 3.8% ECUADOR(REPUBLIC OF) 10.75% BDS 28/03/22 USD1000
  • 3.7% HONDURAS (REPUBLIC OF) 7.5% BDS 15/03/24 USD200000
  • 3.2% ZAMBIA(GOVT OF) 8.97% AMT NTS 30/07/27 USD200000 144A
  • 2.9% CAMEROON (REP OF) 9.5% BDS 19/11/25 USD200000
  • 2.8% GHANA(REPUBLIC OF) 8.125% NTS 18/01/26 USD200000144A
  • 2.8% KENYA(REPUBLIC OF) 6.875% BDS 24/06/24 USD200000 144A
  • 2.8% RWANDA (REPUBLIC OF) 6.625% BDS 02/05/23 USD 200000
  • 2.6% SENEGAL(REPUBLIC OF) 6.25% BDS 30/07/24 USD200000
  • 2.3% KENYA (REP OF) 11% 02/12/24 9YR KES