abrdn S.I-Clim.Tr.Bd.Fd.K Acc EUR H/  LU2332246185  /

Fonds
NAV2024-05-22 Chg.-0.0028 Type of yield Investment Focus Investment company
9.1672EUR -0.03% reinvestment Bonds Worldwide abrdn Inv.(LU) 

Investment strategy

The Fund aims to achieve a combination of income and growth by investing at least 90% in bonds (loans to governments and companies) issued worldwide, including in Emerging Market countries, which follow the Investment Manager's "Climate Transition Bond Investment Approach" (the "Investment Approach"). All bonds in the view of the Investment Manager, support the transition to a low carbon economy and society's adaptation to climate change. The Fund invests at least 90% in bonds, including corporate bonds and government bonds issued anywhere in the world, including sub-sovereigns, inflation-linked, convertible, asset backed and mortgage backed bonds. The Fund invests at least 70% in corporate bonds issued anywhere in the world. The Fund may invest up to 40% in Sub-Investment Grade bonds. Non-US Dollar denominated bonds will typically be hedged back to US Dollars. Investment in bonds will follow the Investment Approach. The Investment approach identifies companies that are lowering their greenhouse gas emissions or entities that are helping society adapt to the physical risks of climate change or companies whose products or services are helping reduce emissions in the wider economy. The Investment Approach also excludes companies with a 'High' rating, as per our proprietary ESG Risk Rating. In addition, we apply a set of company exclusions, which are related to normative screening (UN Global Compact, ILO & OECD), State-Owned Enterprises, Tobacco, Alcohol, Gambling, Thermal Coal, Oil & Gas, Adult Entertainment and Weapons. This approach is expected to reduce the investment universe by a minimum of 20%. Financial derivative instruments, money market instruments and cash may not adhere to this approach.
 

Investment goal

The Fund aims to achieve a combination of income and growth by investing at least 90% in bonds (loans to governments and companies) issued worldwide, including in Emerging Market countries, which follow the Investment Manager's "Climate Transition Bond Investment Approach" (the "Investment Approach"). All bonds in the view of the Investment Manager, support the transition to a low carbon economy and society's adaptation to climate change.
 

Master data

Type of yield: reinvestment
Funds Category: Bonds
Region: Worldwide
Branch: Bonds: Mixed
Benchmark: 60 % Bloomberg Global Aggregate Corp. Index, 20 % Bloomberg Gl. HY Corp. Index, 20 % JP Morgan Corporate EM Bond Index
Business year start: 10-01
Last Distribution: -
Depository bank: Citibank Europe plc Luxembourg Branch
Fund domicile: Luxembourg
Distribution permission: Austria, Germany, Switzerland
Fund manager: Samuel Grantham
Fund volume: 128.95 mill.  USD
Launch date: 2021-06-14
Investment focus: -

Conditions

Issue surcharge: 0.00%
Max. Administration Fee: 0.25%
Minimum investment: 500,000,000.00 EUR
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
 
98.61%
Others
 
1.39%

Countries

United States of America
 
25.11%
United Kingdom
 
11.29%
Netherlands
 
8.09%
Chile
 
7.57%
Luxembourg
 
6.51%
Cayman Islands
 
5.46%
Mauritius
 
5.40%
France
 
4.57%
Austria
 
3.09%
Canada
 
2.84%
Portugal
 
2.08%
Philippines
 
2.08%
United Arab Emirates
 
1.94%
Ireland
 
1.40%
Bermuda
 
1.34%
Others
 
11.23%