InvestSMART

abrdn Global Corporate Bond P - 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 -1.23% 2.35% 4.43% 6.26% -1.94% -2.48% -% -%
Growth return -1.23% 2.35% 4.43% 6.26% -2.13% -5.27% -% -%
Income return 0% 0% 0% 0% 0.19% 2.79% -% -%
Market index (Bloomberg Global Aggregate TR Hdg AUD )
Total return 0.78% -0.16% -0.48% 2.67% 0.74% -2.74% -0.69% 2.04%
As at 29 Feb 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

abrdn Global Corporate Bond P
Cash
3.08%
Fixed Interest
96.92%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
8.38%
Fixed Interest
89.77%
Australian Equities
0.72%
International Equities
0.63%
Property
0.04%
Alternatives
0.46%

General Information

Fund Details
Type Description
abrdn Global Corporate Bond P
EQI6923AU
Bonds - Global
starstarstarstar (as at 29 Feb 2024)
Investment Fund
31 Jul 2020
$0 million (as at 29 Feb 2024)
$0.83886 (as at 21 Mar 2024)
$0.83618 (as at 21 Mar 2024)
Open
Offer information
Type Description
MER 1% (as at 11 Oct 2023)
Indirect Cost Ratio (ICR) 0.25% (as at 30 Jun 2023)
Performance fee (not included in ICR) Not Available
Minimum initial investment

Top 10 holdings (as at 30 Jun 2024)

Holding (as at 30 Jun 2024) Type % of Portfolio
2 Year Treasury Note Future Sept 24 Bond - Treasury Future 9.64%
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FAQs about the abrdn Global Corporate Bond P

The objective of the abrdn Global Corporate Bond P 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 P 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 P managed fund is EQI6923AU.

abrdn Global Corporate Bond P’s total return last month was -1.23%. This was made up of a growth return of -1.23% and an income return of 0%. These returns were calculated as at 29 Feb 2024.

abrdn Global Corporate Bond P’s total return for the last three months was 2.35%. This was made up of a growth return of 2.35% and an income return of 0%%. These returns were calculated as at 29 Feb 2024.

abrdn Global Corporate Bond P’s one-year total return is 6.26%. This was made up of a growth return of 6.26% and an income return of 0%. These returns were calculated as at 29 Feb 2024.

abrdn Global Corporate Bond P’s one-year total return is -2.48%. This was made up of a growth return of -5.27% and an income return of 2.79%. These returns were calculated as at 29 Feb 2024.

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

Cash
3.08%
Fixed Interest
96.92%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

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

As at 29 Feb 2024, the size of the abrdn Global Corporate Bond P managed fund was $0 million.

The abrdn Global Corporate Bond P managed fund has an inception date of 31 Jul 2020.

The current entry price of the abrdn Global Corporate Bond P managed fund is $0.83886 per unit and the current exit price is $0.83618 per unit (as at 21 Mar 2024).

The current exit price of the abrdn Global Corporate Bond P managed fund is $0.83618 per unit and the current entry price is $0.83886 per unit (as at 21 Mar 2024).

The minimum initial investment amount for the abrdn Global Corporate Bond P managed fund is $0.

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.