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Contact details

ManagerGroupLogo
Aberdeen Global, 2b, rue Albert Borschette, L-1246 Luxembourg, Grand Duchy of Luxembourg
01224 425255 (Enquiries)
0035224529056 (Fax Number)
00352464010820 (Main Number)

aberdeen.global@aberdeen-asset.com

Fund managers

* Euro High Yield Team24-Mar-2006 to Present
 
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Investment objectives

The Fund’s investment objective is long-term total return to be achieved by investing at least two-thirds of the Fund’s assets in fixed interest securities which are Sub-Investment Grade and issued by corporations or government related bodies.

Key Information

Fund vs sector

  1y 3y
Position 112 / 131 4 / 116
Quartile 4 1

Fund ratings

BLANKMstar OBSR
Analyst
(Qualitative)
FE Crown Rating: 3 FE Crown Rating
(Quantitative)

Ratios

  1y 3y
Volatility 4.26 8.14
Alpha -2.98 7.94
Beta 0.73 0.88
Sharpe 0.00 0.98
Info Ratio -1.17 1.02
R2 0.24 0.24
Quartiles:   1  2  3  4   help with ratios
vs. IMA Global Bonds»
performance chart
chart
    1y3y5y12m-24m24m-36m36m-48m48m-60m
INC -1.3+36.8+59.4+12.4+23.4-7.2+25.6
  IMA GLOBAL BONDS   +3.9+9.5+20.6-1.4+7.0+2.8+7.1
Other share classes
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf ABERDEEN GLOBAL SELECT HIGH YIELD BOND D1 GBP INC 1.01 (GBP) 19-Dec-2014 1.25 1.58% KX96 B0L12N8

The Ongoing Charges Figure (OCF) shows the drag on performance caused by operational expenses associated with a fund.

Expenses which are represented by this figure include payments to the manager, the trustee the custodian and their representatives. The figure also includes registration, regulatory, audit and legal fees, and the costs of distribution.

Performance fees, transaction costs, interest on borrowing, costs associated with derivatives, entry and exit fees and soft commissions are not included in the OCF calculation, and should be factored in separately by the investor.

The OCF is calculated by taking the sum of these expenses incurred in the last 12 months and dividing this by the average net assets of that class for the last 12 months.

Total Expense Ratio (TER) is a formula designed to show the ongoing costs to the investor associated with a fund, including some charges which are not factored into the annual management fee. In addition the fund’s annual fee, charges such as trading fees, audit and legal fees, and operational expenses are included in the TER, which is worked out by dividing the total cost of the fund by its total assets to arrive at a percentage.

Unlike the Ongoing Charges Figure, the TER takes into account performance fees. It does not include transaction costs paid to the custodian.

Detailed fund information
Own ISA wrapper Fund has ISA Wrapper help with ratios Fund size£44.7m / $69.9m (19-Dec-14)
Savings plan Fund has Savings Plan  Launch24-Mar-2006
Pricing times13:00 Dealing frequencyDaily
Dealing timesn/a
Minimum initial£ 1,500
Minimum additional£ 1,500
Initial charge0.00%
Annual management charge1.35%
Note to chargesInitial Charges: Avg: 4.25% to 5.00%; Max: 6.38%;
Trustee / Depositaryn/a
RegistrarState Street Bank Luxembourg SA
Multi-Managern/a
Indexn/a
Dividend policyJan 01, Apr 01 (Final), Jul 01, Oct 01
Peer groups
Region Asset Class Investment Focus Sector
Global Fixed Interest Mixed IMA Global Bonds
Largest holdings, 31-Oct-2014
Holding (%) Rank Fund factsheet Equity factsheet
LLOYDS BANK PLC 13% STEP-UP PERP CAP SECS GBP100000 2.70 1 - -
LOWELL GROUP FINANCING PLC 10.75% BDS 01/04/19 GBP1000 144A 2.10 2 - -
CEGEDIM 6.75% BDS 01/04/20 EUR1000 144A 2.00 3 - -
HOMEVI SAS 6.875% BDS 15/08/21 EUR1000 144A 1.90 4 - -
LLOYDS BANKING GRP 7% 1.90 5 - -
REA FINANCE BV 9.5% GTD STL NTS 31/12/17 GBP1000 1.90 6 - -
MATTERHORN MIDCO & CY SCA 7.75% BDS 15/02/20 EUR1000 144A 1.80 7 - -
CIRSA FUNDING LUXEMBOURG SA 8.75% BDS 15/05/18 EUR1000`144A` 1.70 8 - -
CORRAL PETROLEUM HLDGS AB (PUBL) 15% NTS 31/12/17 USD100000 144A 1.60 9 - -
VERISURE HOLDINGS 8.75% BDS 01/09/18 EUR1000 144A 1.60 10 - -
Total19.20 
Regional weightings, 31-Oct-2014
Region(%)Rank 
UK41.401 41.40% UK
France12.102 12.10% France
Eire & Other10.303 10.30% Eire &  Other
Germany7.704 7.70% Germany
Money Market5.405 5.40% Money Market
Spain5.106 5.10% Spain
Luxembourg4.907 4.90% Luxembourg
Netherlands4.608 4.60% Netherlands
Sweden3.609 3.60% Sweden
Italy3.2010 3.20% Italy
Croatia1.7011 1.70% Croatia
Total100.00 
Sector weightings, 31-Oct-2014
Sector(%)Rank 
Others24.601 24.60% Others
Services17.602 17.60% Services
Health Care10.603 10.60% Health Care
Cyclical Consumer Goods10.304 10.30% Cyclical Consumer Goods
Financial Services8.405 8.40% Financial Services
Non-Cyclical Consumer Goods8.406 8.40% Non-Cyclical Consumer Goods
Banks7.607 7.60% Banks
Basic Industries7.108 7.10% Basic Industries
Money Market5.409 5.40% Money Market
Total100.00 

All prices in Pence Sterling (GBX) unless otherwise specified. Price total return performance figures are calculated on a bid price to bid price basis (mid to mid for OEICs) with net income (dividends) reinvested. Performance figures are shown in Sterling unless otherwise specified.

 
 
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Asset allocation

UK Fixed Interest, 41.40%
41.4000% ofUK Fixed Interest
French Fixed Interest, 12.10%
12.1000% ofFrench Fixed Interest
Global Fixed Interest, 10.30%
10.3000% ofGlobal Fixed Interest
German Fixed Interest, 7.70%
7.7000% ofGerman Fixed Interest
Money Market, 5.40%
5.4000% ofMoney Market
Spanish Fixed Interest, 5.10%
5.1000% ofSpanish Fixed Interest
Luxembourg Fixed Interest, 4.90%
4.9000% ofLuxembourg Fixed Interest
Dutch Fixed Interest, 4.60%
4.6000% ofDutch Fixed Interest
Swedish Fixed Interest, 3.60%
3.6000% ofSwedish Fixed Interest
Italian Fixed Interest, 3.20%
3.2000% ofItalian Fixed Interest
European Emerging Fixed Interest, 1.70%
1.7000% ofEuropean Emerging Fixed Interest

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