abrdn SICAV I - US Dollar Credit Sustainable Bond Fund, Z Acc USD Shares/  LU1646954096  /

Fonds
NAV2024-05-31 Chg.+0.0348 Type of yield Investment Focus Investment company
12.6810USD +0.28% 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 companies and priced in USD, which adhere to the abrdn "US Dollar Credit Sustainable Investment Approach" (the "Investment Approach"). The Fund aims to outperform the Bloomberg US Credit Index (USD) before charges. The Fund invests at least 90% in USD bonds issued by corporations and governments anywhere in the world, including sub-sovereigns, inflation linked, convertible, asset backed and mortgage backed bonds. The Fund invests at least two-thirds in USD bonds issued by companies (including government-owned). Bonds will typically have investment grade ratings. Up to 10% of the Fund may be invested in Sub-Investment Grade 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 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, State Owned Enterprises (SOE), 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.
 

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 and priced in USD, which adhere to the abrdn "US Dollar Credit Sustainable Investment Approach" (the "Investment Approach"). The Fund aims to outperform the Bloomberg US Credit Index (USD) before charges.
 

Master data

Type of yield: reinvestment
Funds Category: Bonds
Region: Worldwide
Branch: Corporate Bonds
Benchmark: Bloomberg US Credit Index (USD)
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: William Hines
Fund volume: 70.34 mill.  USD
Launch date: 2017-12-11
Investment focus: -

Conditions

Issue surcharge: 0.00%
Max. Administration Fee: 0.00%
Minimum investment: 1,000,000.00 USD
Deposit fees: -
Redemption charge: 0.00%
Key Investor Information: Download (Print version)
 

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
 
97.94%
Mutual Funds
 
1.75%
Others
 
0.31%

Countries

United States of America
 
71.14%
Canada
 
5.45%
United Kingdom
 
4.37%
Netherlands
 
2.92%
France
 
2.39%
Singapore
 
2.02%
Ireland
 
1.48%
Switzerland
 
1.43%
Korea, Republic Of
 
1.04%
Japan
 
0.55%
Australia
 
0.46%
Luxembourg
 
0.45%
Germany
 
0.40%
Denmark
 
0.29%
Spain
 
0.29%
Others
 
5.32%

Currencies

US Dollar
 
98.25%
Others
 
1.75%