abrdn SICAV II - Euro Corporate Sustainable Bond Fund, K Acc EUR Shares
LU1820674742
abrdn SICAV II - Euro Corporate Sustainable Bond Fund, K Acc EUR Shares/ LU1820674742 /
NAV23/01/2025 |
Chg.-0.0094 |
Type of yield |
Investment Focus |
Investment company |
10.6588EUR |
-0.09% |
reinvestment |
Bonds
Worldwide
|
abrdn Inv.(LU) ▶ |
Investment strategy
The Fund aims to achieve a combination of income and growth by investing in corporate bonds (loans to companies) issued in Euros, which adhere to the abrdn "Euro Corporate Sustainable Bond Investment Approach" (the "Investment Approach"). The Fund aims to outperform the iBoxx Euro Corporates Index (EUR) before charges.
The Fund invests at least 90% in bonds issued by corporations and governments and denominated in Euros, including sub-sovereigns, inflation-linked, convertible, asset backed and mortgage backed bonds. The Fund invests at least 80% in investment grade corporate bonds denominated in Euros. The Fund may invest up to 20% in sub-investment grade bonds. Non-Euro denominated bonds will typically be hedged back to Euro. Investment in bonds will follow the Investment Approach. This approach utilises abrdn's fixed income investment process, which enables portfolio managers to qualitatively assess how ESG factors are likely to impact on the company's ability to repay its debt, both now and in the future. To complement this research, the abrdn ESG House Score is used to quantitatively identify and exclude those companies exposed to the highest ESG risks. In addition, abrdn apply a set of company exclusions, which are related to the UN Global Compact, State Owned Enterprises (SOE), Weapons, Tobacco, Thermal Coal, Oil & Gas and Electricity Generation.
Investment goal
The Fund aims to achieve a combination of income and growth by investing in corporate bonds (loans to companies) issued in Euros, which adhere to the abrdn "Euro Corporate Sustainable Bond Investment Approach" (the "Investment Approach"). The Fund aims to outperform the iBoxx Euro Corporates Index (EUR) before charges.
Master data
Type of yield: |
reinvestment |
Funds Category: |
Bonds |
Region: |
Worldwide |
Branch: |
Corporate Bonds |
Benchmark: |
Markit iBoxx Euro Corporates Index |
Business year start: |
01/01 |
Last Distribution: |
- |
Depository bank: |
Citibank Europe plc Luxembourg Branch |
Fund domicile: |
Luxembourg |
Distribution permission: |
Austria, Germany, Switzerland, Czech Republic |
Fund manager: |
Josef Helmes |
Fund volume: |
1.86 bill.
EUR
|
Launch date: |
23/05/2018 |
Investment focus: |
- |
Conditions
Issue surcharge: |
5.00% |
Max. Administration Fee: |
0.18% |
Minimum investment: |
10,000,000.00 EUR |
Deposit fees: |
- |
Redemption charge: |
0.00% |
Key Investor Information: |
- |
Investment company
Funds company: |
abrdn Inv.(LU) |
Address: |
Avenue John F Kennedy 35a, L-1855, Luxemburg |
Country: |
Luxembourg |
Internet: |
www.abrdn.com/de-at
|
Assets
Bonds |
|
97.98% |
Cash |
|
1.42% |
Others |
|
0.60% |
Countries
Netherlands |
|
17.22% |
France |
|
12.48% |
United States of America |
|
11.26% |
United Kingdom |
|
10.43% |
Germany |
|
8.62% |
Spain |
|
5.79% |
Luxembourg |
|
5.75% |
Denmark |
|
4.15% |
Italy |
|
4.14% |
Switzerland |
|
3.35% |
Japan |
|
2.46% |
Austria |
|
1.64% |
Norway |
|
1.62% |
Cash |
|
1.42% |
Sweden |
|
1.35% |
Others |
|
8.32% |
Currencies
Euro |
|
96.53% |
British Pound |
|
1.60% |
US Dollar |
|
0.42% |
Others |
|
1.45% |