abrdn SICAV I - Indian Bond Fund, A Acc AUD Shares/  LU2037397374  /

Fonds
NAV2024-06-14 Chg.+0.0653 Type of yield Investment Focus Investment company
11.0661AUD +0.59% reinvestment Bonds Bonds: Focus Public Sector abrdn Inv.(LU) 

Investment strategy

The Fund aims to achieve a combination of income and growth by investing in Indian bonds (which are like loans that can pay a fixed or variable interest rate) issued by companies, governments or other bodies. The Fund invests at least two-thirds of its assets in Indian Rupee denominated bonds which are issued by government or government-related bodies domiciled in India, and/or companies based, or carrying out business activities in India. The Fund may also invest in Debt and Debt-Related Securities issued by non-Indian domiciled corporations or governments which are denominated in Indian Rupee. The Fund may invest up to 100% in securities issued or guaranteed by the Indian government or Indian government agencies. In normal market conditions, the Fund will maintain a minimum of 80% of its net assets in Debt and Debt-Related Securities denominated in Indian Rupee. However, investment in Indian domestic fixed income securities may from time to time be restricted by Indian domestic regulation and hence the Fund may have substantial exposure to non-Indian Rupee denominated investments outside of India.
 

Investment goal

The Fund aims to achieve a combination of income and growth by investing in Indian bonds (which are like loans that can pay a fixed or variable interest rate) issued by companies, governments or other bodies.
 

Master data

Type of yield: reinvestment
Funds Category: Bonds
Country: India
Branch: Bonds: Focus Public Sector
Benchmark: Markit iBoxx Asia India Index
Business year start: 10-01
Last Distribution: -
Depository bank: Citibank Europe plc Luxembourg Branch
Fund domicile: Luxembourg
Distribution permission: Austria, Germany, Switzerland, Luxembourg
Fund manager: Kenneth Akintewe
Fund volume: 221.53 mill.  USD
Launch date: 2019-08-28
Investment focus: -

Conditions

Issue surcharge: 5.00%
Max. Administration Fee: 1.00%
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
 
68.76%
Cash
 
31.23%
Others
 
0.01%

Countries

India
 
62.14%
Cash
 
31.23%
Supranational
 
6.63%

Currencies

Indian Rupee
 
68.76%
Others
 
31.24%