abrdn In...

Price: 69.0000GBX

Change: icon-down-small -0.22%

abrdn Investment Grade Corporate Bond Platform 1 Acc GBP

abrdn Investment Grade Corporate Bond Platform 1 Acc GBP

ISIN:

GB00B6TRYW36

Risk level:

1
2
3
4
5
6
7

FE fundinfo Rating:

2 of 5

IA Sector:

IA Sterling Corporate Bond

Income type:

Accumulation

Price:

69.0000GBX

27 February 2024

Last change:

icon-down-small -0.22%

1 year change:

icon-up-small 6.09%

5 year annualised return:

-0.11%

12 month yield:

3.95%

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 Investment Grade Corporate Bond Platform 1 Acc GBP
  • IA Sterling Corporate Bond
  • Markit iBoxx Sterling Collateralized & Corporates(Midday)

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 Investment Grade Corporate Bond Platform 1 Acc GBP 10.27% 8.19% -2.55% -19.85% 10.03%
IA Sterling Corporate Bond 9.49% 7.77% -1.92% -16.10% 9.42%
Markit iBoxx Sterling Collateralized & Corporates(Midday) 10.53% 8.76% -3.03% -19.39% 9.92%

Trailing returns

(*annualised)

Trailing returns
Investment 3 months 6 months 1 year 3 years* 5 years*
abrdn Investment Grade Corporate Bond Platform 1 Acc GBP 5.03% 8.25% 6.12% -3.85% -0.11%
IA Sterling Corporate Bond 4.11% 7.42% 6.57% -2.66% 0.60%
Markit iBoxx Sterling Collateralized & Corporates(Midday) 4.57% 7.78% 5.88% -3.95% -0.10%

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. Performance Target: To achieve the return of the Markit iBoxx Sterling Collateralized & Corporates plus 0.8% per annum (before charges). There is no certainty or promise that the Performance Target will be achieved. The Markit iBoxx Sterling Collateralized & Corporates Index (the "Index") is a representative index of the market for sterling denominated investment grade bonds issued by companies.

Manager name:

abrdn Fund Managers Limited

Manager start date:

01 January 2022

Investment style:

*None

Region (geographical):

Global

Manager Biography:

Daniel McKernan joined Standard Life Investments in 2013, as Head of Sterling Investment Grade Credit. He has responsibility for a number of large credit and aggregate bond mandates. Daniel has over 20 years' investment management experience as a fixed income fund manager and prior to joining us worked at Scottish Widows Investment Partnership as Head of European and Sterling Credit. He has also worked at BlackRock, Aegon Asset Management and Norwich Union.

Benchmark:

Markit iBoxx Sterling Collateralized & Corporates(Midday)

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: 244,548,170.23 GBX

Chart date: February 27, 2024

Top 10 Holdings

Top 10 Holdings
Security Weight
His majesty`s treasury 0.625% treasury gilt 31/07/35 gbp0.01 1.60%
National grid electricity distribution (west midlands) plc 5.75% snr unsec nts 16/04/32 gbp100000 1.28%
Credit suisse group ag 2.25% bds 09/06/28 gbp1000reg s 1.10%
Bank of america corporation 7% snr nts 31/07/28 gbp50000 1.09%
Tesco property finance 4 plc 5.8006% bds 13/10/40 gbp100000 1.07%
Santander uk group holdings plc 7.098% snr reset nts 16/11/27 gbp100000 b 5014 1 1.00%
Ngg finance 5.625% reset cap sec 18/06/73 gbp100000 0.98%
Lloyds banking group plc frn 15/12/31 gbp100000 0.96%
Caixabank sa 1.5% bds 03/12/26 gbp1000 0.89%
Dwr cymru financing uk 2.375% bds 31/03/34 gbp1000reg s 0.89%

Sectors

Sectors
Sectors Weight
Financials 40.47%
Utilities 17.60%
Real Estate 14.48%
Consumer Discretionary 4.69%
Industrials 4.27%
Telecommunications Utilities 4.24%
Others 3.37%
Government Bonds 2.63%
Government Agency Bonds 2.06%
Health Care 1.67%

World regions

World regions
Country Weight
UK 65.42%
USA 10.53%
France 5.54%
Germany 4.67%
Switzerland 2.91%
Spain 2.81%
Denmark 2.06%
Italy 1.58%
Australia 1.51%
Netherlands 1.18%
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

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

25%

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

74%

Fund Environmental Impact Involvement (%)

17%

Fund Social Score Impact Involvement (%)

5%

Fund Severe Governance Controversies Involvement (%)

27%

EXPOSURE TO SUSTAINABLE IMPACT THEMES

EXPOSURE TO SRI EXCLUSIONS

EXPOSURE TO FOSSIL FUEL