abrdn OEIC abrdn Global Absolute Return Strategies Platform 1 Acc

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

No data available! Please enter a valid code!

Top 10 Holdings

Stock % Weight
3i Infrastructure Plc 3i Infrastructure plc Ord NPV 3.08
BURFORD CAPITAL LIMITED 1.87
BioPharma Credit Investments BioPharma Credit Plc Ord USD0.01 1.58
MEX BONOS DESARR FIX RT 7.5% 05/26/2033 1.16
WHEATON PRECIOUS METALS CORP. 1.14
GREEN TITULOS DE TESORERIA 7% 03/26/2031 1.13
Sequoia Investment Management Company Sequoia Economic Infrastructure Income Fund Ord NPV 1.04
MEX BONOS DESARR FIX RT 10% 12/05/2024 1.01
BONOS DE TESORERIA 7.3% 08/12/2033 0.99
Greencoat Renewables Plc Greencoat Renewables Plc EUR0.01 0.77
Total 13.76

Fund Aims

To generate a positive absolute return over the medium to long term (3 to 5 years or more) irrespective of market conditions, whilst reducing the risk of losses. Invested capital is however at risk and there is no guarantee that the objective will be attained over any time period.

Performance target: To exceed the return of SONIA by 5% per annum, evaluated over rolling three year periods (before charges). The performance target is the level of performance that the management team hopes to achieve for the fund. There is however no certainty or promise that they will achieve the performance target. SONIA is currently used as a proxy for the return on cash deposits.

Fund Manager

Absolute Return Team manager for 13 years and 2 months

Photo of Absolute Return Team TBC

Fund Overview

Mid (01/12/2023) 51.21p
Historic yield 1.40%
Fund size (30/11/2023) £255.69m
Number of holdings 1073
Entry Charge 0.00%
Ongoing Charges 0.90%
Launch date 18/04/2012

Asset Allocation

pie chart
  International Bonds 38.42%
  International Equities 18.86%
  Investment Trusts 15.12%
  Cash and Equivalents 11.11%
  UK Equities 5.68%
  Property 1.98%
  UK Corporate Bonds 1.04%
  Alternative Trading Strategies 0.67%
  UK Gilts 0.43%
  Other Assets 6.68%
Portfolio data accurate as at: 30/11/23

Important Information

Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Bonds 38.42%
  International Equities 18.86%
  Investment Trusts 15.12%
  Cash and Equivalents 11.11%
  UK Equities 5.68%
  Property 1.98%
  UK Corporate Bonds 1.04%
  Alternative Trading Strategies 0.67%
  UK Gilts 0.43%
  Other Assets 6.68%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Bonds 39.89% - - -
 
Financials 21.03% - - -
 
Financial Services - 19.98% - -
 
Equity Investment Instruments - - 15.12% -
 
Equity Investment Instruments - - - 15.12%
 
Investment Banking & Brokerage Services - - 4.66% -
 
Asset Managers & Custodians - - - 4.35%
 
Investment Services - - - 0.26%
 
Diversified Financial Services - - - 0.06%
 
Finance & Credit Services - - 0.18% -
 
Financial Data & Systems - - - 0.18%
 
Mortgage Real Estate Investment Trusts - - 0.01% -
 
Mortgage REITs: Residential - - - 0.01%
 
Banks - 0.57% - -
 
Banks - - 0.57% -
 
Banks - - - 0.57%
 
Insurance - 0.48% - -
 
Non-life Insurance - - 0.25% -
 
Property & Casualty Insurance - - - 0.10%
 
Insurance Brokers - - - 0.06%
 
Full Line Insurance - - - 0.05%
 
Reinsurance - - - 0.04%
 
Life Insurance - - 0.23% -
 
Life Insurance - - - 0.23%
 
Non-Classified 11.60% - - -
 
Non-Classified - 3.75% - -
 
Non-Classified - - 3.75% -
 
Non-Classified - - - 3.75%
 
Cash and Equivalents 11.11% - - -
 
Real Estate 3.43% - - -
 
Real Estate - 3.43% - -
 
Real Estate Investment Trusts - - 2.51% -
 
Residential REITs - - - 0.70%
 
Health Care REITs - - - 0.53%
 
Retail REITs - - - 0.47%
 
Office REITs - - - 0.30%
 
Hotel & Lodging REITs - - - 0.22%
 
Storage REITs - - - 0.16%
 
Industrial REITs - - - 0.04%
 
Timber REITs - - - 0.03%
 
Diversified REITs - - - 0.03%
 
Infrastructure REITs - - - 0.02%
 
Other Specialty REITs - - - 0.02%
 
Real Estate Investment & Services - - 0.92% -
 
Real Estate Holding and Development - - - 0.92%
 
Technology 3.09% - - -
 
Technology - 3.09% - -
 
Technology Hardware & Equipment - - 1.57% -
 
Computer Hardware - - - 0.70%
 
Semiconductors - - - 0.66%
 
Production Technology Equipment - - - 0.17%
 
Electronic Components - - - 0.03%
 
Electronic Office Equipment - - - 0.01%
 
Software & Computer Services - - 1.52% -
 
Software - - - 0.93%
 
Consumer Digital Services - - - 0.46%
 
Computer Services - - - 0.13%
 
Basic Materials 2.11% - - -
 
Basic Resources - 1.80% - -
 
Precious Metals & Mining - - 1.68% -
 
Gold Mining - - - 1.67%
 
Platinum & Precious Metals - - - 0.01%
 
Industrial Metals & Mining - - 0.10% -
 
General Mining - - - 0.04%
 
Copper - - - 0.03%
 
Iron & Steel - - - 0.01%
 
Nonferrous Metals - - - 0.01%
 
Industrial Materials - - 0.02% -
 
Paper - - - 0.02%
 
Chemicals - 0.31% - -
 
Chemicals - - 0.31% -
 
Chemicals: Diversified - - - 0.16%
 
Specialty Chemicals - - - 0.09%
 
Fertilizers - - - 0.05%
 
Industrials 1.57% - - -
 
Industrial Goods & Services - 1.37% - -
 
Industrial Support Services - - 0.54% -
 
Transaction Processing Services - - - 0.25%
 
Industrial Suppliers - - - 0.14%
 
Professional Business Support Services - - - 0.12%
 
Business Training & Employment Agencies - - - 0.03%
 
Security Services - - - 0.02%
 
General Industrials - - 0.21% -
 
Diversified Industrials - - - 0.15%
 
Containers & Packaging - - - 0.03%
 
Paints & Coatings - - - 0.03%
 
Industrial Transportation - - 0.20% -
 
Railroads - - - 0.08%
 
Commercial Vehicles & Parts - - - 0.07%
 
Railroad Equipment - - - 0.03%
 
Delivery Services - - - 0.02%
 
Commercial Vehicle-Equipment Leasing - - - 0.01%
 
Industrial Engineering - - 0.19% -
 
Machinery: Construction & Handling - - - 0.09%
 
Machinery: Agricultural - - - 0.04%
 
Machinery: Engines - - - 0.04%
 
Machinery: Industrial - - - 0.02%
 
Electronic & Electrical Equipment - - 0.18% -
 
Electrical Components - - - 0.13%
 
Electronic Equipment: Control & Filter - - - 0.04%
 
Electronic Equipment: Pollution Control - - - 0.00%
 
Aerospace & Defence - - 0.04% -
 
Aerospace - - - 0.04%
 
Construction & Materials - 0.19% - -
 
Construction & Materials - - 0.19% -
 
Building: Climate Control - - - 0.08%
 
Building Materials: Other - - - 0.07%
 
Engineering & Contracting Services - - - 0.03%
 
Construction - - - 0.01%
 
Consumer Discretionary 1.47% - - -
 
Retail - 0.57% - -
 
Retailers - - 0.57% -
 
Diversified Retailers - - - 0.41%
 
Home Improvement Retailers - - - 0.10%
 
Apparel Retailers - - - 0.04%
 
Specialty Retailers - - - 0.01%
 
Consumer Products & Services - 0.30% - -
 
Personal Goods - - 0.10% -
 
Clothing & Accessories - - - 0.04%
 
Footwear - - - 0.03%
 
Cosmetics - - - 0.01%
 
Luxury Items - - - 0.01%
 
Household Goods & Home Construction - - 0.07% -
 
Home Construction - - - 0.07%
 
Household Appliance - - - 0.01%
 
Leisure Goods - - 0.06% -
 
Electronic Entertainment - - - 0.05%
 
Consumer Electronics - - - 0.01%
 
Recreational Products - - - 0.01%
 
Consumer Services - - 0.06% -
 
Consumer Services: Misc. - - - 0.05%
 
Vending & Catering Service - - - 0.01%
 
Automobiles & Parts - 0.27% - -
 
Automobiles & Parts - - 0.27% -
 
Automobiles - - - 0.16%
 
Auto Parts - - - 0.07%
 
Tires - - - 0.03%
 
Media - 0.21% - -
 
Media - - 0.21% -
 
Entertainment - - - 0.10%
 
Publishing - - - 0.10%
 
Media Agencies - - - 0.01%
 
Travel & Leisure - 0.13% - -
 
Travel & Leisure - - 0.13% -
 
Restaurants & Bars - - - 0.07%
 
Casinos & Gambling - - - 0.04%
 
Hotels & Motels - - - 0.02%
 
Health Care 1.31% - - -
 
Health Care - 1.31% - -
 
Pharmaceuticals & Biotechnology - - 0.83% -
 
Pharmaceuticals - - - 0.74%
 
Biotechnology - - - 0.09%
 
Medical Equipment & Services - - 0.32% -
 
Medical Equipment - - - 0.30%
 
Medical Services - - - 0.01%
 
Medical Supplies - - - 0.01%
 
Health Care Providers - - 0.17% -
 
Health Care Management Services - - - 0.14%
 
Health Care Services - - - 0.01%
 
Health Care Facilities - - - 0.01%
 
Utilities 1.01% - - -
 
Utilities - 1.01% - -
 
Electricity - - 0.78% -
 
Alternative Electricity - - - 0.78%
 
Conventional Electricity - - - 0.01%
 
Waste & Disposal Services - - 0.12% -
 
Waste & Disposal Services - - - 0.12%
 
Gas, Water & Multi-utilities - - 0.10% -
 
Water - - - 0.06%
 
Multi-Utilities - - - 0.04%
 
Consumer Staples 0.85% - - -
 
Food, Beverage & Tobacco - 0.71% - -
 
Food Producers - - 0.37% -
 
Food Products - - - 0.31%
 
Fruit & Grain Processing - - - 0.03%
 
Farming, Fishing, Ranching & Plantations - - - 0.02%
 
Beverages - - 0.34% -
 
Soft Drinks - - - 0.22%
 
Distillers & Vintners - - - 0.11%
 
Brewers - - - 0.01%
 
Personal Care, Drug & Grocery Stores - 0.14% - -
 
Personal Care, Drug & Grocery Stores - - 0.14% -
 
Personal Products - - - 0.08%
 
Food Retailers & Wholesalers - - - 0.03%
 
Drug Retailers - - - 0.02%
 
Alternative Trading Strategies 0.67% - - -
 
Alternative Trading Strategies - 0.67% - -
 
Alternative Trading Strategies - - 0.67% -
 
Alternative Trading Strategies - - - 0.67%
 
Energy 0.59% - - -
 
Energy - 0.59% - -
 
Non-Renewable Energy - - 0.51% -
 
Integrated Oil & Gas - - - 0.19%
 
Oil: Crude Producers - - - 0.12%
 
Pipelines - - - 0.08%
 
Oil Equipment & Services - - - 0.06%
 
Oil Refining and Marketing - - - 0.04%
 
Offshore Drilling & Other Services - - - 0.02%
 
Renewable Energy - - 0.08% -
 
Renewable Energy Equipment - - - 0.06%
 
Alternative Fuels - - - 0.02%
 
Telecommunications 0.27% - - -
 
Telecommunications - 0.27% - -
 
Telecommunications Service Providers - - 0.16% -
 
Telecommunications Services - - - 0.13%
 
Cable Television Services - - - 0.03%
 
Telecommunications Equipment - - 0.11% -
 
Telecommunications Equipment - - - 0.11%

Regional Allocation

pie chart
  North America 26.88%
  Non-Classified 27.81%
  Cash and Equivalents 11.11%
  Developed Europe - Excl UK 8.00%
  UK 7.14%
  South & Central America 6.43%
  Emerging Europe 2.96%
  Emerging Asia 2.91%
  Middle East & Africa 2.06%
  Other Regions 4.70%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 49.00%
  US Dollar 18.12%
  Cash 11.11%
  Mexican Peso 3.39%
  Euro 2.24%
  Rand 2.01%
  Other Currencies 14.12%

Regional Breakdown

Expand allCollapse all
Region Country
 
North America 26.88% -
 
United States - 23.68%
 
Canada - 3.20%
 
Non-Classified 27.81% -
 
Cash and Equivalents 11.11% -
 
Developed Europe - Excl UK 8.00% -
 
Ireland - 1.66%
 
France - 1.59%
 
Switzerland - 1.29%
 
Germany - 0.86%
 
Netherlands - 0.60%
 
Spain - 0.47%
 
Italy - 0.45%
 
Luxembourg - 0.44%
 
Denmark - 0.19%
 
Sweden - 0.18%
 
Belgium - 0.12%
 
Finland - 0.10%
 
Norway - 0.02%
 
Portugal - 0.01%
 
UK 7.14% -
 
United Kingdom - 7.14%
 
South & Central America 6.43% -
 
Mexico - 2.25%
 
Colombia - 1.42%
 
Peru - 1.23%
 
Chile - 0.60%
 
Uruguay - 0.46%
 
Dominican Republic - 0.46%
 
Emerging Europe 2.96% -
 
Czech Republic - 1.23%
 
Romania - 0.83%
 
Poland - 0.66%
 
Hungary - 0.24%
 
Emerging Asia 2.91% -
 
Malaysia - 1.73%
 
Thailand - 0.84%
 
Philippines - 0.19%
 
China - 0.15%
 
Middle East & Africa 2.06% -
 
South Africa - 2.05%
 
Israel - 0.01%
 
Japan 2.06% -
 
Japan - 2.06%
 
Property 1.98% -
 
Australia & New Zealand 0.44% -
 
Australia - 0.46%
 
Developed Asia 0.20% -
 
Hong Kong - 0.13%
 
Singapore - 0.06%
 
Australia & New Zealand 0.02% -

Asset Allocation

pie chart
  European Forward-start Interest Rates 9.11%
  Mexican Government Bonds 6.69%
  US Equity 5.95%
  Global Equity Oil Majors 5.83%
  US Real Yields 5.59%
  Long US Dollar vs Euro Currency Options 5.35%
  Other Assets 61.48%

Breakdown By Market Cap (%)

Mega
 
 
10.15%
Large
 
 
5.50%
Medium
 
 
6.89%
Small
 
 
8.43%
Micro
 
 
0.37%
Non-Classified
 
 
17.67%
Bonds
 
 
39.89%
Cash
 
 
11.11%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
13.05%
5Yr - 10Yr Maturity
 
 
16.79%
10Yr - 15Yr Maturity
 
 
3.16%
> 15Yr Maturity
 
 
5.86%
Cash And Equivalents
 
 
11.11%
Unknown Maturity
 
 
6.08%
Other Asset Types
 
 
43.96%

Fixed Interest Quality Profile

AAA
 
 
5.05%
AA
 
 
2.69%
A
 
 
4.43%
BBB
 
 
12.70%
Sub-Investment Grade
 
 
5.32%
Unknown Quality
 
 
8.66%
Cash and Equivalents
 
 
11.11%
Other Asset Types
 
 
50.04%

Top 10 Holdings

Stock % Weight Sector Country
1 3i Infrastructure Plc 3i Infrastructure plc Ord NPV 3.08% Non-Classified Non-Classified
2 BURFORD CAPITAL LIMITED 1.87% Investment Banking & Brokerage Services United Kingdom
3 BioPharma Credit Investments BioPharma Credit Plc Ord USD0.01 1.58% Non-Classified United Kingdom
4 MEX BONOS DESARR FIX RT 7.5% 05/26/2033 1.16% Bonds Non-Classified
5 WHEATON PRECIOUS METALS CORP. 1.14% Precious Metals & Mining Canada
6 GREEN TITULOS DE TESORERIA 7% 03/26/2031 1.13% Bonds Colombia
7 Sequoia Investment Management Company Sequoia Economic Infrastructure Income Fund Ord NPV 1.04% Bonds Non-Classified
8 MEX BONOS DESARR FIX RT 10% 12/05/2024 1.01% Bonds Mexico
9 BONOS DE TESORERIA 7.3% 08/12/2033 0.99% Bonds Peru
10 Greencoat Renewables Plc Greencoat Renewables Plc EUR0.01 0.77% Electricity Ireland

Important Information

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Identification Codes

Sedol Code B7K3T22
Mex Code STGLOB
Isin Code GB00B7K3T226
Citi Code 10EN

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.90%

Aims and Benchmark

Aims To generate a positive absolute return over the medium to long term (3 to 5 years or more) irrespective of market conditions, whilst reducing the risk of losses. Invested capital is however at risk and there is no guarantee that the objective will be attained over any time period. Performance target: To exceed the return of SONIA by 5% per annum, evaluated over rolling three year periods (before charges). The performance target is the level of performance that the management team hopes to achieve for the fund. There is however no certainty or promise that they will achieve the performance target. SONIA is currently used as a proxy for the return on cash deposits.
Benchmark SONIA GBP
Benchmark Category -
IA Sector Absolute Return

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type Unit Trust
Launch price £0.50
Fund currency Pound Sterling
Fund domicile United Kingdom
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Annually
Distribution Type Dividend
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
01 April 31 July

Ratings

FE Crown Crown Rating of 1

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
- -

Fund Administration

Fund Trustee/Depository Citibank
Fund Administrator Citibank
Fund Registrar SS&C Financial Services Europe Limited
Fund Custodian Citibank

Group Details

Group name abrdn OEIC
Group address Aberdeen Standard Fund Managers Limited PO BOX 12233 Chelmsford CM99 2EE
Group telephone 0800 33 33 53
Dealing telephone 0800 33 33 53
Email investments_marketline@standardlife.com
Homepage www.aberdeenstandard.com
Fax number 0131 525 9720

Dealing

Minimum Investment £2000000
Minimum Top Up £50000
Minimum Regular Saving -
Settlement Period: Buy 3 days
Settlement Period: Sell 3 days
Pricing Basis Forward
Dealing Decimals 3

Important Information

Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.