General Information

AB Global High Income
AllianceBernstein Investment Management
ACM0004AU
High Yield Credit
starstarstar (as at 31 Jul 2017)
Investment Fund
31 Jan 2014
$0.79 million (as at 14 Aug 2017)
$0.9609 (as at 14 Aug 2017)
$0.9609 (as at 14 Aug 2017)

Fund performance (31 Jul 2017)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 1.14 1.66 4.76 10.84 8.46 5.78 - -
Growth return 0.51 -0.97 0.25 2.63 1.25 -1.66 - -
Income return 0.63 2.63 4.51 8.21 7.21 7.44 - -

Market index (Bloomberg AusBond Bank 0+Y TR AUD)

Total return 0.15 0.44 0.87 1.79 2.01 2.19 2.49 3.85

Asset Allocation (31 Jul 2017)

Australian Equities 0%
International Equities 3.35%
Cash 0.29%
Property 0%
Fixed Interest 107.39%
Alternatives -11.03%
Asset Allocation

Objectives and Strategy

The Fund aims to achieve income returns in excess of the Australian cash rate after fees over the cycle.
The Fund will aim to achieve its objective by investing in an Australian dollar currency hedged share class of the Global High Yield Portfolio of the AB FCP I mutual fund domiciled in Luxembourg (Luxembourg Fund). By investing in the Luxembourg Fund, the Fund will at any time have exposure to a portfolio of at least two-thirds higher risk lower rated (below investment grade) debt and fixed income securities and some higher rated investment grade debt and fixed income securities that are expected to generate desirable returns.

Offer information

Indirect Cost Ratio (ICR) 0.94% (as at 30 Jun 2016)
Minimum initial investment $25,000
Minimum additional investments $5,000.00

Top 10 holdings (as at 30 Jun 2017)

Holding Type % of Portfolio
US Treasury Bond 8% Bond - Gov't/Treasury 4.44%
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