AB SICAV I Sust. Euro HY Port.IT USD H/  LU1037946925  /

Fonds
NAV2024-04-25 Chg.-0.0300 Type of yield Investment Focus Investment company
13.4300USD -0.22% paying dividend Bonds Worldwide AllianceBernstein LU 

Investment strategy

The Portfolio seeks to increase the value of your investment over time through total return, using a combination of income and capital growth through sustainable investments. Under normal market conditions, the Portfolio typically invests at least 80% of its assets in debt securities, including sovereign debt, of issuers that the Investment Manager believes are positively aligned with sustainable investment themes and at least 70% of its assets in debt securities that are rated below Investment Grade. These securities are from issuers that are organised, have substantial business activities, or are impacted by developments, in Europe. These securities may be from issuers anywhere in the world, including emerging market countries. The Investment Manager invests in securities that it believes are positively exposed to environmentally- or socially-oriented sustainable investment themes derived from the UN Sustainable Development Goals (UN SDGs). The Portfolio may invest in, or be exposed up to (i) 20% in emerging market sovereign debt securities (ii) 20% in structured products such as asset-backed and mortgage-backed securities and (iii) 10% in contingent convertible bonds (CoCos). The Investment Manager emphasises positive selection criteria, in particular by analysing the exposure to environmental, social and governance (ESG) factors of each security or issuer, over broad-based negative screens in assessing an issuer's exposure to such ESG factors. The Portfolio's exposure to ESG bond structures is at least 15%.
 

Investment goal

The Portfolio seeks to increase the value of your investment over time through total return, using a combination of income and capital growth through sustainable investments. Under normal market conditions, the Portfolio typically invests at least 80% of its assets in debt securities, including sovereign debt, of issuers that the Investment Manager believes are positively aligned with sustainable investment themes and at least 70% of its assets in debt securities that are rated below Investment Grade.
 

Master data

Type of yield: paying dividend
Funds Category: Bonds
Region: Worldwide
Branch: Corporate Bonds
Benchmark: Bloomberg Euro High Yield 2% Issuer Constrained Index
Business year start: 06-01
Last Distribution: 2024-03-28
Depository bank: Brown Brothers Harriman (Luxembourg) S.C.A.
Fund domicile: Luxembourg
Distribution permission: Austria, Germany, Switzerland, Luxembourg
Fund manager: Gershon Distenfeld, Will Smith
Fund volume: 277.23 mill.  USD
Launch date: 2014-03-06
Investment focus: -

Conditions

Issue surcharge: 1.50%
Max. Administration Fee: 0.55%
Minimum investment: 1,000,000.00 USD
Deposit fees: 0.50%
Redemption charge: 0.00%
Key Investor Information: Download (Print version)
 

Investment company

Funds company: AllianceBernstein LU
Address: 2-4, rue Eugene Ruppert, 2453, Luxemburg
Country: Luxembourg
Internet: www.alliancebernstein.com
 

Assets

Bonds
 
94.05%
Cash
 
4.43%
Others
 
1.52%

Countries

Netherlands
 
14.48%
Italy
 
12.63%
France
 
12.12%
Germany
 
12.03%
United Kingdom
 
9.60%
United States of America
 
9.12%
Spain
 
7.97%
Luxembourg
 
6.10%
Cash
 
4.43%
Ireland
 
2.82%
Portugal
 
1.63%
Sweden
 
1.54%
Finland
 
1.39%
Belgium
 
0.93%
Switzerland
 
0.39%
Others
 
2.82%