abrdn SICAV II - Euro Corporate Sustainable Bond Fund, D Acc Hedged NOK Shares/  LU1884000602  /

Fonds
NAV2024-05-31 Chg.-0.0081 Type of yield Investment Focus Investment company
21.8448NOK -0.04% reinvestment Bonds Worldwide abrdn Inv.(LU) 

Investment strategy

The Fund aims to achieve a combination of income and growth by investing in corporate bonds (loans to companies) issued in Euros, which adhere to the abrdn "Euro Corporate Sustainable Bond Investment Approach" (the "Investment Approach"). The Fund aims to outperform the iBoxx Euro Corporates Index (EUR) before charges. The Fund invests at least 90% in bonds issued by corporations and governments and denominated in Euros, including sub-sovereigns, inflation-linked, convertible, asset backed and mortgage backed bonds. The Fund invests at least 80% in investment grade corporate bonds denominated in Euros. The Fund may invest up to 20% in sub-investment grade bonds. Non-Euro denominated bonds will typically be hedged back to Euro. 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.
 

Investment goal

The Fund aims to achieve a combination of income and growth by investing in corporate bonds (loans to companies) issued in Euros, which adhere to the abrdn "Euro Corporate Sustainable Bond Investment Approach" (the "Investment Approach"). The Fund aims to outperform the iBoxx Euro Corporates Index (EUR) before charges.
 

Master data

Type of yield: reinvestment
Funds Category: Bonds
Region: Worldwide
Branch: Corporate Bonds
Benchmark: Markit iBoxx Euro Corporates Index
Business year start: 01-01
Last Distribution: 2022-06-30
Depository bank: Citibank Europe plc Luxembourg Branch
Fund domicile: Luxembourg
Distribution permission: Austria, Germany, Switzerland, Luxembourg
Fund manager: Josef Helmes
Fund volume: 1.78 bill.  EUR
Launch date: 2022-11-11
Investment focus: -

Conditions

Issue surcharge: 5.00%
Max. Administration Fee: 0.55%
Minimum investment: 1,000,000.00 NOK
Deposit fees: -
Redemption charge: 0.00%
Ongoing charges (2021-12-31): 2.60%
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
 
99.83%
Cash
 
0.17%

Countries

Netherlands
 
18.43%
United States of America
 
12.24%
France
 
11.96%
United Kingdom
 
11.34%
Germany
 
10.78%
Spain
 
5.05%
Luxembourg
 
4.34%
Switzerland
 
3.89%
Denmark
 
3.71%
Italy
 
3.17%
Japan
 
2.44%
Norway
 
1.50%
Belgium
 
1.47%
Finland
 
1.40%
Australia
 
1.35%
Others
 
6.93%