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  5. abrdn Global Corporate Bond A - Managed fund profile

abrdn Global Corporate Bond A - Managed Fund

Fund Objective
The Fund aims to provide long term growth and outperform the Benchmark over rolling 3 year periods (before deduction of fees, costs and taxation) by investing predominantly in global investment grade bonds.
Fund Strategy
The Fund is actively managed and may invest in a wide range of bonds (e.g. corporate bonds including high yield bonds, government backed securities, overseas bonds, index-linked bonds, floating rate notes ('FRNs') and asset backed securities ('ABSs') and/or money market instruments) in order to take advantage of opportunities identified.

Fund Performance Comparison

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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.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 4.59% 1.27% 1.33% 2.72% -6.68% -4.73% 0.73% -%
Growth return -% 1.27% 1.33% 2.72% -6.83% -7.63% -3.5% -%
Income return -% 0% 0% 0% 0.15% 2.9% 4.23% -%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return 3.2% 0.46% -0.02% 0.89% -5.51% -3.98% 0.18% 2.29%
As at 30 Nov 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

abrdn Global Corporate Bond A
Fixed Interest
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Fixed Interest
90.30%
Australian Equities
0.32%
International Equities
0.08%
Cash
8.86%
Property
0.02%
Alternatives
0.42%

General Information

Fund Details
Type Description
abrdn Global Corporate Bond A
ETL0132AU
Bonds - Global
starstarstar (as at 31 Oct 2023)
Investment Fund
24 Feb 2015
$229.33 million (as at 31 Oct 2023)
$0.85377 (as at 1 Dec 2023)
$0.85104 (as at 1 Dec 2023)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.50% (as at 30 Jun 2022)
Performance fee (not included in ICR) Not Available
Minimum initial investment $20,000

Top 10 holdings (as at 31 Oct 2023)

Holding (as at 31 Oct 2023) Type % of Portfolio
2 Year Treasury Note Future Dec 23 Bond - Treasury Future 7.22%
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FAQs about the abrdn Global Corporate Bond A

The objective of the abrdn Global Corporate Bond A managed fund is The Fund aims to provide long term growth and outperform the Benchmark over rolling 3 year periods (before deduction of fees, costs and taxation) by investing predominantly in global investment grade bonds.

The strategy of the abrdn Global Corporate Bond A managed fund is The Fund is actively managed and may invest in a wide range of bonds (e.g. corporate bonds including high yield bonds, government backed securities, overseas bonds, index-linked bonds, floating rate notes ('FRNs') and asset backed securities ('ABSs') and/or money market instruments) in order to take advantage of opportunities identified.

The APIR code of the abrdn Global Corporate Bond A managed fund is ETL0132AU.

abrdn Global Corporate Bond A’s total return last month was 4.59%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Nov 2023.

abrdn Global Corporate Bond A’s total return for the last three months was 1.27%. This was made up of a growth return of 1.27% and an income return of 0%%. These returns were calculated as at 30 Nov 2023.

abrdn Global Corporate Bond A’s one-year total return is 2.72%. This was made up of a growth return of 2.72% and an income return of 0%. These returns were calculated as at 30 Nov 2023.

abrdn Global Corporate Bond A’s one-year total return is -4.73%. This was made up of a growth return of -7.63% and an income return of 2.9%. These returns were calculated as at 30 Nov 2023.

The asset allocation of the abrdn Global Corporate Bond A managed fund is :

Fixed Interest
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Alternatives
0%

The abrdn Global Corporate Bond A managed fund belongs to the Bonds - Global sector/asset class.

As at 31 Oct 2023, the size of the abrdn Global Corporate Bond A managed fund was $229.33 million.

The abrdn Global Corporate Bond A managed fund has an inception date of 24 Feb 2015.

The current entry price of the abrdn Global Corporate Bond A managed fund is $0.85377 per unit and the current exit price is $0.85104 per unit (as at 1 Dec 2023).

The current exit price of the abrdn Global Corporate Bond A managed fund is $0.85104 per unit and the current entry price is $0.85377 per unit (as at 1 Dec 2023).

The minimum initial investment amount for the abrdn Global Corporate Bond 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.