abrdn SICAV I - Asian High Yield Sustainable Bond Fund, A Gross MInc Hedged CNH
LU2491724212
abrdn SICAV I - Asian High Yield Sustainable Bond Fund, A Gross MInc Hedged CNH/ LU2491724212 /
NAV2024-05-03 |
Chg.+0.2821 |
Type of yield |
Investment Focus |
Investment company |
88.1228CNH |
+0.32% |
paying dividend |
Bonds
Asia
|
abrdn Inv.(LU) ▶ |
Investment strategy
The Fund aims to achieve a combination of income and growth by investing in bonds (which are like loans that can pay a fixed or variable interest rate) issued by companies, governments or other bodies, in Asian countries, which adhere to the abrdn "Asian High Yield Sustainable Investment Approach" (the "Investment Approach"). The Fund aims to outperform the JP Morgan Asia Credit Non-Investment Grade Index (USD) benchmark (before charges).
The Fund invests at least 90% in bonds issued by corporations and governments. The Fund invests at least 70% in sub-investment grade and unrated Asian bonds. The Fund may invest up to 20% in non-Asian bonds. Investment in bonds will follow the Investment Approach. This approach utilises abrdn's fixed income investment process, which enables portfolio managers to qualitatively assess how ESG factors are likely to impact on the company's ability to repay its debt, both now and in the future. To complement this research, the abrdn ESG House Score, or a suitable external alternative, is used to quantitatively identify and exclude those companies exposed to the highest ESG risks. In addition, abrdn apply a set of company exclusions, which are related to the UN Global Compact, Weapons, Tobacco, Thermal Coal, Oil & Gas and Electricity Generation. Green bonds, Social bonds or Sustainable bonds issued by companies otherwise excluded by the environmental screens are permitted, where the proceeds of such issues can be confirmed as having a positive environmental impact. Further detail of this process is captured within the Investment Approach, which is published at www.abrdn.com under "Fund Centre". Financial derivative instruments, money-market instruments and cash may not adhere to this approach. Through this approach, the Fund has an expected minimum of 15% in Sustainable Investments. It also targets an ESG rating that is equal to or better, and a meaningfully lower carbon intensity, than the benchmark. This approach reduces the benchmark investable universe by a minimum of 20%.
Investment goal
The Fund aims to achieve a combination of income and growth by investing in bonds (which are like loans that can pay a fixed or variable interest rate) issued by companies, governments or other bodies, in Asian countries, which adhere to the abrdn "Asian High Yield Sustainable Investment Approach" (the "Investment Approach").
Master data
Type of yield: |
paying dividend |
Funds Category: |
Bonds |
Region: |
Asia |
Branch: |
Bonds: Mixed |
Benchmark: |
JP Morgan Asia Credit Non-Investment Grade Index |
Business year start: |
10-01 |
Last Distribution: |
2024-04-02 |
Depository bank: |
Citibank Europe plc Luxembourg Branch |
Fund domicile: |
Luxembourg |
Distribution permission: |
Switzerland, Luxembourg |
Fund manager: |
Thomas Drissner |
Fund volume: |
15.28 mill.
USD
|
Launch date: |
2023-02-09 |
Investment focus: |
- |
Conditions
Issue surcharge: |
5.00% |
Max. Administration Fee: |
1.10% |
Minimum investment: |
- CNH |
Deposit fees: |
- |
Redemption charge: |
0.00% |
Key Investor Information: |
- |
Investment company
Funds company: |
abrdn Inv.(LU) |
Address: |
Avenue John F Kennedy 35a, L-1855, Luxemburg |
Country: |
Luxembourg |
Internet: |
www.abrdn.com/de-at
|
Assets
Bonds |
|
98.77% |
Cash |
|
1.22% |
Others |
|
0.01% |
Countries
Cayman Islands |
|
13.15% |
Mauritius |
|
7.60% |
Hong Kong, SAR of China |
|
6.57% |
United Kingdom |
|
5.88% |
Indonesia |
|
5.60% |
India |
|
5.30% |
Virgin Islands (British) |
|
5.17% |
China |
|
4.55% |
Thailand |
|
4.45% |
Korea, Republic Of |
|
2.57% |
Singapore |
|
2.56% |
Mongolia |
|
2.45% |
Oman |
|
2.24% |
Colombia |
|
1.82% |
Philippines |
|
1.60% |
Others |
|
28.49% |