abrdn In...

Price: 70.5400GBX

Change: icon-up-small 0.06%

abrdn Investment Grade Corporate Bond Platform 1 Acc GBP

abrdn Investment Grade Corporate Bond Platform 1 Acc GBP

ISIN:

GB00B6TRYW36

IA Sector:

IA Sterling Corporate Bond

Risk level:

1
2
3
4
5
6
7

FE fundinfo Rating:

2 of 5

Accumulation

Price:

70.5400GBX

24 July 2024

Last change:

icon-up-small 0.06%

1 year change:

icon-up-small 9.26%

5 year annualised return:

-0.96%

12 month yield:

4.21%

At a glance

At a glance performance and information

Eligibility:

Share Dealing Account Yes
ISA Yes

The value of investments, and income from them, can rise and fall so you may get back less than you invest. If you’re unsure about investing, seek independent advice. You may be eligible for financial advice through our partnership with Schroders Personal Wealth

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 30/06/19 to 30/06/20 30/06/20 to 30/06/21 30/06/21 to 30/06/22 30/06/22 to 30/06/23 30/06/23 to 30/06/24
abrdn Investment Grade Corporate Bond Platform 1 Acc GBP 5.93% 3.26% -15.48% -6.49% 11.36%
IA Sterling Corporate Bond 5.76% 3.29% -12.86% -4.63% 10.54%
Markit iBoxx Sterling Collateralized & Corporates(Midday) 6.67% 2.52% -15.03% -6.66% 10.89%

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 2.48% 3.42% 9.26% -4.32% -0.96%
IA Sterling Corporate Bond 2.45% 3.29% 8.92% -2.85% -0.06%
Markit iBoxx Sterling Collateralized & Corporates(Midday) 2.59% 3.40% 9.01% -4.30% -0.96%

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 Index 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. 0.000000
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: Lloyds The cost of buying or selling some or all of your investment. £1.50
Breakdown

Asset Allocation

Fund size: 210,918,100.00 GBX

Chart date: July 24, 2024

Top 10 Holdings

Top 10 Holdings
Security Weight
National grid electricity distribution (west midlands) plc 5.75% snr unsec nts 16/04/32 gbp100000 1.42%
His majesty`s treasury 0.625% treasury gilt 31/07/35 gbp0.01 1.37%
Santander uk group holdings plc 7.098% snr reset nts 16/11/27 gbp100000 b 5014 1 1.22%
Lloyds banking group plc frn 15/12/31 gbp100000 1.16%
Caixabank sa 1.5% bds 03/12/26 gbp1000 1.08%
Intu (sgs) finance plc 4.125% bds 06/12/23 gbp100000 1.00%
Dwr cymru financing uk 2.375% bds 31/03/34 gbp1000reg s 1.00%
Grainger plc 3% bds 03/07/30 gbp1000 0.96%
Credit suisse group ag 2.25% bds 09/06/28 gbp1000reg s 0.95%
Annington funding plc 3.184% nts 12/07/29 gbp100000 0.95%

Sectors

Sectors
Sectors Weight
Financials 41.18%
Utilities 18.12%
Real Estate 14.98%
Consumer Discretionary 4.30%
Industrials 4.06%
Telecommunications Utilities 3.81%
Others 3.69%
Government Bonds 2.82%
Government Agency Bonds 2.59%
Asset/Mortgage-Backed Securities 1.25%

World regions

World regions
Country Weight
United Kingdom 67.00%
United States of America 9.30%
Germany 5.80%
France 5.33%
Switzerland 2.69%
Spain 2.45%
Denmark 1.88%
Sweden 1.27%
Australia 1.25%
Italy 1.01%
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)

7.1

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

11%

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

75%

Fund Environmental Impact Involvement (%)

16%

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

Important legal information

The Lloyds Bank Direct Investments Service is operated by Halifax Share Dealing Limited. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Registered in England and Wales no. 3195646. Halifax Share Dealing Limited is authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.

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Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

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