abrdn Global Absolute Return Strats A - Managed Fund (Closed)

Fund Strategy

The objective of the Sub-fund is to deliver a positive absolute return in the form of capital growth over the medium to longer term in all market conditions. The Sub-fund is actively managed and aims to exceed the return on cash (STR has been chosen as a proxy for the return on cash deposits) by five percent per annum, evaluated over rolling three year periods (before charges). It exploits market inefficiencies through active allocation to a diverse range of market positions. The Sub-fund uses a combination of traditional assets (such as equiti

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-2.16%	-0.79%	-3.56%	-8.37%	-6.67%	-2.74%	-1.04%	1.8%
Growth return	-2.16%	-0.79%	-3.56%	-13.25%	-9.19%	-4.72%	-3%	-0.04%
Income return	0%	0%	0%	4.88%	2.52%	1.98%	1.96%	1.84%
Market index (Morningstar AUD 1M Cash GR AUD)
Total return	0.3%	0.88%	1.79%	3.83%	4.1%	3.99%	-%	-%

As at 28 Feb 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

abrdn Global Absolute Return Strats A

Alternatives: 100%

International Equities: 0%

Cash: 0%

Fixed Interest: 0%

Average Allocation of Peers

Alternatives: 51.30%

International Equities: 5.54%

Cash: 38.30%

Fixed Interest: 4.86%

General Information

Fund Details

Type	Description
Fund Name	abrdn Global Absolute Return Strats A (Wholesale)
Fund Status	Closed
APIR Code	ETL0130AU
Sector/Asset Class	Alternative - Macro Trading
Morningstar Rating	(as at 28 Feb 2023)
Legal Structure	Investment Fund
Fund Inception	31 Dec 2009
Fund Size	$23.9 million (as at 30 Apr 2022)
Entry Price	$1.22007 (as at 15 Mar 2023)
Exit Price	$1.21592 (as at 15 Mar 2023)
Fund Status	Finalised

Offer information

Type	Description
MER	1.16% (as at 30 Sep 2022)
Indirect Cost Ratio (ICR)	1.16% (as at 30 Jun 2022)
Performance fee (not included in ICR)	Not Available
Minimum initial investment	$20,000
Minimum redemption amount	$5,000.00

Top 10 holdings (as at 28 Feb 2023)

Holding (as at 28 Feb 2023)	Type	% of Portfolio
France (Republic Of) 1.75%	Bond - Gov't/Treasury	20.02%
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FAQs about the abrdn Global Absolute Return Strats A

What is the objective of the abrdn Global Absolute Return Strats A managed fund?

The objective of the abrdn Global Absolute Return Strats A managed fund is

What is the strategy for the abrdn Global Absolute Return Strats A managed fund?

The strategy of the abrdn Global Absolute Return Strats A managed fund is The objective of the Sub-fund is to deliver a positive absolute return in the form of capital growth over the medium to longer term in all market conditions. The Sub-fund is actively managed and aims to exceed the return on cash (STR has been chosen as a proxy for the return on cash deposits) by five percent per annum, evaluated over rolling three year periods (before charges). It exploits market inefficiencies through active allocation to a diverse range of market positions. The Sub-fund uses a combination of traditional assets (such as equiti

What is the APIR code of the abrdn Global Absolute Return Strats A managed fund?

The APIR code of the abrdn Global Absolute Return Strats A managed fund is ETL0130AU.

What was abrdn Global Absolute Return Strats A’s total return last month?

abrdn Global Absolute Return Strats A’s total return last month was -2.16%. This was made up of a growth return of -2.16% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

What was abrdn Global Absolute Return Strats A’s total return for the last three months?

abrdn Global Absolute Return Strats A’s total return for the last three months was -0.79%. This was made up of a growth return of -0.79% and an income return of 0%%. These returns were calculated as at 28 Feb 2023.

What is abrdn Global Absolute Return Strats A’s one-year total return?

abrdn Global Absolute Return Strats A’s one-year total return is -8.37%. This was made up of a growth return of -13.25% and an income return of 4.88%. These returns were calculated as at 28 Feb 2023.

What is abrdn Global Absolute Return Strats A’s three-year total return?

abrdn Global Absolute Return Strats A’s one-year total return is -2.74%. This was made up of a growth return of -4.72% and an income return of 1.98%. These returns were calculated as at 28 Feb 2023.

What is the asset allocation of the abrdn Global Absolute Return Strats A managed fund?

The asset allocation of the abrdn Global Absolute Return Strats A managed fund is :

Alternatives: 100%

International Equities: 0%

Cash: 0%

Fixed Interest: 0%

What sector/asset class does the abrdn Global Absolute Return Strats A managed fund belong to?

The abrdn Global Absolute Return Strats A managed fund belongs to the Alternative - Macro Trading sector/asset class.

What is the size of the abrdn Global Absolute Return Strats A managed fund?

As at 30 Apr 2022, the size of the abrdn Global Absolute Return Strats A managed fund was $23.9 million.

What is the inception date of the abrdn Global Absolute Return Strats A managed fund?

The abrdn Global Absolute Return Strats A managed fund has an inception date of 31 Dec 2009.

What is the current entry price of the abrdn Global Absolute Return Strats A managed fund?

The current entry price of the abrdn Global Absolute Return Strats A managed fund is $1.22007 per unit and the current exit price is $1.21592 per unit (as at 15 Mar 2023).

What is the current exit price of the abrdn Global Absolute Return Strats A managed fund?

The current exit price of the abrdn Global Absolute Return Strats A managed fund is $1.21592 per unit and the current entry price is $1.22007 per unit (as at 15 Mar 2023).

What is the minimum investment amount for the abrdn Global Absolute Return Strats A managed fund?

The minimum initial investment amount for the abrdn Global Absolute Return Strats A managed fund is $20,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

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