abrdn SICAV II - Emerging Market Local Currency Debt Fund, K Acc EUR Shares
LU2701718186
abrdn SICAV II - Emerging Market Local Currency Debt Fund, K Acc EUR Shares/ LU2701718186 /
NAV2024-05-31 |
Chg.-0.0258 |
Type of yield |
Investment Focus |
Investment company |
10.4622EUR |
-0.25% |
reinvestment |
Bonds
Emerging Markets
|
abrdn Inv.(LU) ▶ |
Investment strategy
The Fund aims to provide a combination of income and growth by investing in bond securities and Emerging Market currencies. The Fund aims to outperform the JP Morgan GBI-EM Global Diversified Index (USD) benchmark (before charges).
The Fund invests at least 70% of its assets in Emerging Market currencies and Emerging Market local currency denominated bonds. These include inflation-linked bonds issued by governments, supranational institutions or government-related bodies. The Fund may hold investment grade and sub-investment grade corporate bonds issued in Emerging Market countries, as well as government debt and debt-related securities, investment grade and subinvestment grade corporate bonds and other bonds issued in non Emerging Market countries worldwide. The Fund may invest up to 20% of its assets in Mainland China debt and debt-related securities. The Fund may also invest in other transferable securities, money market instruments, deposits, cash and near cash, Derivatives (including currency forwards, interest rate and credit default swaps) and collective investment schemes.
Investment goal
The Fund aims to provide a combination of income and growth by investing in bond securities and Emerging Market currencies. The Fund aims to outperform the JP Morgan GBI-EM Global Diversified Index (USD) benchmark (before charges).
Master data
Type of yield: |
reinvestment |
Funds Category: |
Bonds |
Region: |
Emerging Markets |
Branch: |
Bonds: Mixed |
Benchmark: |
JPMorgan GBI-EM Global Diversified Index |
Business year start: |
01-01 |
Last Distribution: |
- |
Depository bank: |
Citibank Europe plc, Luxembourg Branch |
Fund domicile: |
Luxembourg |
Distribution permission: |
Austria, Switzerland, Luxembourg |
Fund manager: |
Global Emerging Market Debt Team |
Fund volume: |
485.89 mill.
USD
|
Launch date: |
2023-10-24 |
Investment focus: |
- |
Conditions
Issue surcharge: |
5.00% |
Max. Administration Fee: |
0.45% |
Minimum investment: |
0.00 EUR |
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 |
|
96.04% |
Mutual Funds |
|
3.96% |
Countries
Brazil |
|
13.38% |
Indonesia |
|
12.95% |
Mexico |
|
10.07% |
South Africa |
|
8.62% |
Peru |
|
6.13% |
Malaysia |
|
6.06% |
Colombia |
|
5.90% |
China |
|
5.30% |
Thailand |
|
3.90% |
Poland |
|
3.41% |
Hungary |
|
3.02% |
Philippines |
|
2.80% |
India |
|
2.38% |
Romania |
|
2.01% |
Uruguay |
|
1.91% |
Others |
|
12.16% |
Currencies
Mexican Peso |
|
11.75% |
Brazilian Real |
|
11.69% |
Indonesian Rupiah |
|
11.60% |
Thai Baht |
|
8.29% |
South African Rand |
|
7.54% |
Romanian Leu |
|
6.26% |
Czech Koruna |
|
6.22% |
Malaysian Ringgit |
|
6.06% |
Colombian Peso |
|
5.84% |
Polish Zloty |
|
5.54% |
Chinese Yuan Renminbi |
|
5.30% |
Hungarian Forint |
|
2.98% |
Indian Rupee |
|
2.94% |
Uruguayan Peso |
|
1.91% |
Dominican Peso |
|
1.71% |
Others |
|
4.37% |