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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Peers

Benchmark ({{ fund.benchmark.name }})

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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.

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Fees Comparison

% p.a.

Average of peers ({{ fund.benchmark.peers.peerCount }})

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	-1.61%	1.15%	5.26%	11.63%	6.85%	-2.48%	-0.34%	-%
Growth return	1.11%	1.2%	5.03%	7.92%	5.29%	-2.15%	-4.24%	-%
Income return	-2.72%	-0.05%	0.23%	3.71%	1.56%	-0.33%	3.9%	-%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return	1.16%	0.7%	4.42%	6.23%	3.52%	-1.75%	-0.34%	2.01%

As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

abrdn Global Corporate Bond A

Cash: 4.30%

Fixed Interest: 95.70%

Australian Equities: 0%

International Equities: 0%

Property: 0%

Alternatives: 0%

Average Allocation of Peers

Cash: 6.59%

Fixed Interest: 90%

Australian Equities: 0.68%

International Equities: 0.56%

Property: 0%

Alternatives: 2.18%

General Information

Fund Details

Type	Description
Fund Name	abrdn Global Corporate Bond A
APIR Code	ETL0132AU
Sector/Asset Class	Bonds - Global
Morningstar Rating	(as at 31 Oct 2024)
Legal Structure	Investment Fund
Fund Inception	24 Feb 2015
Fund Size	$175.76 million (as at 31 Oct 2024)
Entry Price	$0.91474 (as at 29 Nov 2024)
Exit Price	$0.91182 (as at 29 Nov 2024)
Fund Status	Open

Offer information

Type	Description
MER	0.50% (as at 17 Oct 2024)
Indirect Cost Ratio (ICR)	0.50% (as at 30 Jun 2023)
Performance fee (not included in ICR)	Not Available
Minimum initial investment	$20,000

Top 10 holdings (as at 31 Oct 2024)

Holding (as at 31 Oct 2024)	Type	% of Portfolio
2 Year Treasury Note Future Dec 24	Bond - Treasury Future	9.42%
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FAQs about the abrdn Global Corporate Bond A

What is the objective of the abrdn Global Corporate Bond A managed fund?

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.

What is the strategy for the abrdn Global Corporate Bond A managed fund?

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.

What is the APIR code of the abrdn Global Corporate Bond A managed fund?

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

What was abrdn Global Corporate Bond A’s total return last month?

abrdn Global Corporate Bond A’s total return last month was -1.61%. This was made up of a growth return of 1.11% and an income return of -2.72%. These returns were calculated as at 31 Oct 2024.

What was abrdn Global Corporate Bond A’s total return for the last three months?

abrdn Global Corporate Bond A’s total return for the last three months was 1.15%. This was made up of a growth return of 1.2% and an income return of -0.05%%. These returns were calculated as at 31 Oct 2024.

What is abrdn Global Corporate Bond A’s one-year total return?

abrdn Global Corporate Bond A’s one-year total return is 11.63%. This was made up of a growth return of 7.92% and an income return of 3.71%. These returns were calculated as at 31 Oct 2024.

What is abrdn Global Corporate Bond A’s three-year total return?

abrdn Global Corporate Bond A’s one-year total return is -2.48%. This was made up of a growth return of -2.15% and an income return of -0.33%. These returns were calculated as at 31 Oct 2024.

What is the asset allocation of the abrdn Global Corporate Bond A managed fund?

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

Cash: 4.30%

Fixed Interest: 95.70%

Australian Equities: 0%

International Equities: 0%

Property: 0%

Alternatives: 0%

What sector/asset class does the abrdn Global Corporate Bond A managed fund belong to?

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

What is the size of the abrdn Global Corporate Bond A managed fund?

As at 31 Oct 2024, the size of the abrdn Global Corporate Bond A managed fund was $175.76 million.

What is the inception date of the abrdn Global Corporate Bond A managed fund?

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

What is the current entry price of the abrdn Global Corporate Bond A managed fund?

The current entry price of the abrdn Global Corporate Bond A managed fund is $0.91474 per unit and the current exit price is $0.91182 per unit (as at 29 Nov 2024).

What is the current exit price of the abrdn Global Corporate Bond A managed fund?

The current exit price of the abrdn Global Corporate Bond A managed fund is $0.91182 per unit and the current entry price is $0.91474 per unit (as at 29 Nov 2024).

What is the minimum investment amount for the abrdn Global Corporate Bond A managed fund?

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.

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