abrdn SICAV I - Frontier Markets Bond Fund, A MIncA Hedged AUD Shares
LU2066862199
abrdn SICAV I - Frontier Markets Bond Fund, A MIncA Hedged AUD Shares/ LU2066862199 /
NAV20/09/2024 |
Chg.+0.0255 |
Type of yield |
Investment Focus |
Investment company |
8.0135AUD |
+0.32% |
paying dividend |
Bonds
Emerging Markets
|
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 Frontier Market countries.
The Fund invests at least two-thirds of its assets in bonds issued by companies, governments or other bodies, in Frontier Market countries. Frontier Market Countries include the constituents of the MSCI Frontier Markets series of indices or FTSE Frontier Markets series of indices or JP Morgan Frontier Markets series of indices, or any country classified by the World Bank as a low income country. In addition, there are a number of countries that exhibit similar characteristics to the countries on these indices, which the manager regards as suitable for investment by the Fund. Bonds will be of any credit quality and typically in the currencies of the countries where they are issued. Up to 100% of the Fund may be invested in sub-investment grade bonds. The Fund is actively managed. - The Fund does not aim to outperform any benchmark and there is no benchmark used as a reference for portfolio construction. - The NEXGEM Index (USD) is used as a basis for setting risk constraints. The Investment Manager seeks to reduce the risk of significant changes in the value of the Fund compared to the Index. The potential change in value of the Fund (as measured by expected volatility) is not ordinarily expected to exceed 150% of the potential change in value of the Index over the longer term. - abrdn integrate environmental, social and governance (ESG) considerations within the investment process.
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 Frontier Market countries.
Master data
Type of yield: |
paying dividend |
Funds Category: |
Bonds |
Region: |
Emerging Markets |
Branch: |
Bonds: Mixed |
Benchmark: |
- |
Business year start: |
01/10 |
Last Distribution: |
01/08/2024 |
Depository bank: |
Citibank Europe plc Luxembourg Branch |
Fund domicile: |
Luxembourg |
Distribution permission: |
Austria, Germany, Switzerland, Czech Republic |
Fund manager: |
Global Emerging Market Debt Team |
Fund volume: |
434.05 mill.
USD
|
Launch date: |
15/11/2019 |
Investment focus: |
- |
Conditions
Issue surcharge: |
5.00% |
Max. Administration Fee: |
1.50% |
Minimum investment: |
1,000.00 AUD |
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 |
|
88.07% |
Mutual Funds |
|
1.76% |
Cash |
|
1.46% |
Others |
|
8.71% |
Countries
Egypt |
|
6.79% |
Angola |
|
6.52% |
Ghana |
|
5.55% |
El Salvador |
|
5.38% |
Kenya |
|
5.00% |
Zambia |
|
4.71% |
Nigeria |
|
4.45% |
Mozambique |
|
4.24% |
Gabon |
|
3.64% |
Iraq |
|
3.30% |
Dominican Republic |
|
3.21% |
Senegal |
|
3.20% |
Suriname |
|
3.12% |
Cote d'Ivoire |
|
3.01% |
Tunisia |
|
2.89% |
Others |
|
34.99% |