abrdn SICAV I - Global Government Bond Fund, I Acc USD/  LU1760135753  /

Fonds
NAV2024-05-31 Chg.+0.0117 Type of yield Investment Focus Investment company
7.2040USD +0.16% reinvestment Bonds Worldwide 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 governments or government-related bodies around the world. The Fund aims to outperform the FTSE World Government Bond Index (USD) benchmark (before charges). The Fund invests at least two-thirds of its assets in bonds issued by governments or government-related bodies anywhere in the world. The Fund is global insofar as its investments are not confined to or concentrated in any particular geographic region or market. Bonds will typically have investment grade ratings. Up to 10% of the Fund may be invested in Sub-Investment Grade bonds. The Fund will maintain an exposure to investment grade currencies of at least 80% at all times. Bonds may only be of a credit quality equal or over B- by Standard & Poor's Corporation ('S&P') or an equivalent rating from another rating agency as at the date of investment. Bonds will typically be priced in the currencies of the countries where they are issued.
 

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 governments or government-related bodies around the world. The Fund aims to outperform the FTSE World Government Bond Index (USD) benchmark (before charges).
 

Master data

Type of yield: reinvestment
Funds Category: Bonds
Region: Worldwide
Branch: Government Bonds
Benchmark: FTSE World Government Bond 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: Patrick ODonnell
Fund volume: 530.85 mill.  USD
Launch date: 2018-03-23
Investment focus: -

Conditions

Issue surcharge: 0.00%
Max. Administration Fee: 0.30%
Minimum investment: 1,000,000.00 USD
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
 
94.61%
Mutual Funds
 
4.31%
Cash
 
1.08%

Countries

United States of America
 
41.05%
United Kingdom
 
8.93%
Japan
 
7.04%
Italy
 
6.77%
France
 
6.18%
Supranational
 
4.84%
Spain
 
4.01%
Canada
 
3.25%
Germany
 
2.81%
Mexico
 
1.73%
Belgium
 
1.60%
Netherlands
 
1.29%
Cash
 
1.08%
Austria
 
0.91%
New Zealand
 
0.67%
Others
 
7.84%

Currencies

US Dollar
 
40.61%
Euro
 
27.45%
Japanese Yen
 
12.93%
Chinese Yuan Renminbi
 
4.61%
British Pound
 
2.57%
Canadian Dollar
 
2.38%
Australian Dollar
 
2.29%
Norwegian Kroner
 
1.23%
Mexican Peso
 
0.90%
Polish Zloty
 
0.52%
Singapore Dollar
 
0.39%
Israeli New Shekel
 
0.26%
Danish Krone
 
0.24%
Others
 
3.62%