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abrdn Global Corporate Bond Fund

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/101460-2024-02-21-02:17.pdf
FUND MANAGER abrdn Australia
ASX Code
APIR ETL0132AU
ASSET CLASS FIXED INTEREST
INVESTMENT STYLE

The Fund is actively managed and may invest in a wide range of bonds (e.g. corporate bonds including high yield bonds, government backed securities, overseas bonds, index-linked bonds, floating rate notes (‘FRNs’) and asset backed securities (‘ABSs’) and/or money market instruments) in order to take advantage of opportunities identified.

INVESTMENT PROFILE

The Fund aims to provide long term growth and outperform the Benchmark over rolling 3 year periods (before deduction of fees, costs and taxation) by investing predominantly in global investment grade bonds.

CURRENCY MANAGEMENT Generally hedged, up to 10% unhedged at discretion of Investment Manager
INCEPTION DATE 24-02-2015
BENCHMARK Barclays Global Aggregate Corporates Index Hedged in AUD
FUND SIZE Barclays Global Aggregate Corporates Index Hedged in AUD
DISTRIBUTION FREQUENCY Quarterly
NO. OF HOLDINGS
FEES 0.50% p.a. of the net asset value of the Fund
STRUCTURE

Benefits

Benefits

Benefits of investing in the abrdn Global Corporate Bond Fund

Investing in the Fund offers a number of benefits, including:

  • Access to investment opportunities and diversification that individual investors usually cannot achieve on their own.
  • A disciplined risk management process that manages different levels of investment risk relative to anticipated investment returns.
  • Investment professionals who are part of a globally integrated network with global research capabilities delivering their best investment ideas and capabilities to clients around the world.
  • Participation in any income distributions from the Fund.
RISK LEVEL Medium
INVESTOR SUITABILITY

Mainly direct and indirect investors seeking long term income and capital growth through investment in international fixed interest markets. The Fund is also intended to be suitable for indirect investors who invest in the Fund through an IDPS Provider

Risks

Title
Detail

Key Features

About the Fund

The Fund is an actively managed portfolio consisting of predominantly global investment grade bonds.

The Fixed Income Team at abrdn harnesses the full spectrum of fixed income markets, issuers, and credit quality - across public, private and alternative credit. With over 180 fixed income specialists1, our depth of knowledge and experience enables us to build a wealth of solutions - from semi-passive to highly active - to meet all investor objectives and requirements.

Mandate

How we invest your money

The Fund is actively managed and may invest in a wide range of bonds (e.g. corporate bonds including high yield bonds, government backed securities, overseas bonds, index-linked bonds, floating rate notes (FRNs') and asset backed securities (ABSs') and/or money market instruments) in order to take advantage of opportunities identified.

The Fund will generally be hedged to Australian dollars, however from time to time, depending on market conditions and at the Investment Manager's discretion, up to 10% may be unhedged.

The Fund will invest predominantly in investment grade corporate bonds issued by companies domiciled around the world. The Fund can also hold government and government-related bonds, sub-investment grade bonds (up to 10%), FRNs, ABSs, convertible and contingent convertible securities, derivatives and/or money market instruments, cash and collective investment schemes.

No investment or trading in physical commodities or physical commodities contracts is permitted.

The Fund will not invest in bonds issued by tobacco manufacturers or companies which have been identified as having involvement in the production of cluster munitions.