abrdn Et...

Price: 51.1400GBX

Change: icon-down-small -0.20%

abrdn Ethical Corporate Bond Platform 1 Inc GBP

abrdn Ethical Corporate Bond Platform 1 Inc GBP

ISIN:

GB00B4LQ8T99

Risk level:

1
2
3
4
5
6
7

FE fundinfo Rating:

2 of 5

IA Sector:

IA Sterling Corporate Bond

Income type:

Income

Price:

51.1400GBX

27 February 2024

Last change:

icon-down-small -0.20%

1 year change:

icon-up-small 5.56%

5 year annualised return:

-0.27%

12 month yield:

3.79%

At a glance

At a glance performance and information

Eligibility:

Share Dealing Account Yes
ISA Yes
SIPP Yes

The value of investments, and income from them, can rise and fall so you may get back less than you invest. If you are unsure about investing, seek independent advice

Add to chart:

  • abrdn Ethical Corporate Bond Platform 1 Inc GBP
  • IA Sterling Corporate Bond
  • IA Sterling Corporate Bond

Discrete calendar year performance

Discrete calendar year performance
Investment 31/12/18 to 31/12/19 31/12/19 to 31/12/20 31/12/20 to 31/12/21 31/12/21 to 31/12/22 31/12/22 to 31/12/23
abrdn Ethical Corporate Bond Platform 1 Inc GBP 10.31% 8.02% -2.18% -20.26% 9.74%
IA Sterling Corporate Bond 9.49% 7.77% -1.92% -16.10% 9.42%
IA Sterling Corporate Bond 9.49% 7.77% -1.92% -16.10% 9.42%

Trailing returns

(*annualised)

Trailing returns
Investment 3 months 6 months 1 year 3 years* 5 years*
abrdn Ethical Corporate Bond Platform 1 Inc GBP 4.89% 8.53% 5.60% -4.11% -0.27%
IA Sterling Corporate Bond 4.11% 7.42% 6.57% -2.66% 0.60%
IA Sterling Corporate Bond 4.11% 7.42% 6.57% -2.66% 0.60%

Fund Objective: To generate income and some growth over the long term (5 years or more) by investing in sterling denominated investment grade corporate bonds which adhere to the abrdn Ethical Corporate Bond Investment Approach. Performance Target: To be top quartile within the fund's peer group; as measured by the Investment Association Sterling Corporate Bond Sector Average, over rolling three-year periods (after charges). There is no certainty or promise that the Performance Target will be achieved. The Investment Association Sterling Corporate Bond Sector (the "Sector") is a representative group of investment funds with a focus on sterling denominated investment grade bonds issued by companies.

Manager name:

abrdn Fund Managers Limited

Manager start date:

01 March 2014

Investment style:

Active

Region (geographical):

Global

Manager Biography:

Mark Munro joined Standard Life Investments as Investment Director in 2013. He is part of the Sterling investment grade team and is a portfolio manager running a number of retail and institutional funds. Mark is responsible for managing a number of institutional funds in the corporate bond team. Previously in his role as an analyst Mark was responsible for providing company research and trade ideas for the credit team. He has also worked as an analyst on the UK small cap equities team. Before joining SWIP, Mark spent four years working in the derivatives market, trading futures electronically on the Chicago Board of Trade. Mark is a CFA charterholder and has the Investment Management Certificate. He is a Bachelor of Law (LLB) from the University of Edinburgh.

Benchmark:

IA Sterling Corporate Bond

Sector:

IA Sterling Corporate Bond

FE fundinfo Rating:

2 of 5

Fees & charges

Fees and Charges

Fees and Charges
Charge Who receives this? What is it? Amount
Initial charge: The fund manager Charges applied by the fund management company for investing in their fund. Please note that Investment Managers may charge each time you buy new units or shares in a fund or trust. Where Investment Managers would have an entry charge, we will negotiate to have it waived so you will not be charged. 0.00%
Ongoing Charges: The fund manager The annual charge paid to a fund manager to cover the costs of running the fund. It is an estimate based on the actual amount charged in the previous year. 0.64%
Performance Fee: The fund manager A performance fee joins up the interest of the fund manager and their investors. A performance fee is taken when the fund beats pre-set conditions. 0%
Typical transaction cost: The fund manager The costs of dealing within a fund, which the Investment Manager must pay to continue managing the assets. This includes where the Manager decides to sell one stock and buy another. The costs will vary from one fund to another based on how often the Investment Manager trades and the costs applied when trading. 0.188%*
Dealing commission: iWeb The cost of buying or selling some or all of your investment. £5.00 (per online trade)

*This is an indication based on the market average. The fund’s actual transaction cost will be shown before you place a trade.

Account charges are not included

Breakdown

Asset Allocation

Fund size: 374,955,572.90 GBX

Chart date: February 27, 2024

Top 10 Holdings

Top 10 Holdings
Security Weight
European investment bank 3.875% bds 08/06/37 gbp1000 1.42%
Credit suisse group ag frn 30/09/27 gbp100000reg s 1.34%
Lloyds banking group plc frn 15/12/31 gbp100000 1.16%
Credit suisse ag london 7.75% 10/03/2026 1.02%
Barclays plc 3% nts 08/05/26 gbp100000 0.99%
Ngg finance 5.625% reset cap sec 18/06/73 gbp100000 0.95%
Dwr cymru financing uk 2.375% bds 31/03/34 gbp1000reg s 0.91%
Ing groep n.v. 1.125% bds 07/12/28 gbp100000 0.87%
Barclays plc 3.75% rst sub cl nts 22/11/30 gbp100000 0.81%
Tesco property finance 3 plc 5.744% bds 13/04/40 gbp1000 0.80%

Sectors

Sectors
Sectors Weight
Financials 45.12%
Utilities 16.12%
Real Estate 12.04%
Telecommunications Utilities 6.05%
Industrials 5.16%
Others 4.38%
Fixed Interest 2.85%
Government Agency Bonds 2.70%
Money Market 1.96%
Consumer Discretionary 1.87%

World regions

World regions
Country Weight
UK 65.56%
USA 10.00%
France 4.15%
Spain 3.43%
Switzerland 3.29%
International 2.85%
Netherlands 2.14%
Germany 1.87%
Denmark 1.13%
Australia 1.12%
ESG

What is ESG?

ESG stands for Environmental, Social and Governance and is an approach for evaluating to what extent a company works towards social goals. For investors this can be used in order to understand how their funds and the assets they are made up of work towards these goals and use that information to help make sustainable investment choices.

ESG Metric

Score

MSCI ESG Quality Score (0-10)

7.3

MSCI ESG Quality Score - Peer Percentile (0-100)

63%

MSCI ESG Quality Score - Global Percentile (0-100)

84%

Fund Environmental Impact Involvement (%)

15%

Fund Social Score Impact Involvement (%)

5%

Fund Severe Governance Controversies Involvement (%)

23%

EXPOSURE TO SUSTAINABLE IMPACT THEMES

EXPOSURE TO SRI EXCLUSIONS

EXPOSURE TO FOSSIL FUEL