Aberdeen Standard SICAV I - Select Euro High Yield Bond Fund A Acc EUR
Aberdeen Standard SICAV I (SICAV domiciled in Luxembourg)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: SICAV

Investment Objective The Fund aims to achieve a combination of income and growth by investing mostly in bonds (which are like loans that can pay a fixed or variable interest rate) issued by companies, governments or other bodies and priced in Euros. The Fund aims to outperform the ICE BofAML Euro High Yield Constrained Index (EUR) benchmark before charges. Investment Policy Portfolio Securities Bonds will typically have Sub-Investment grade ratings and be denominated in Euro. Up to 100% of the Fund may be invested in Sub-Investment Grade bonds. Management Process The Fund is actively managed. The benchmark is used as a reference point for portfolio construction and as a basis for setting risk constraints. In order to achieve its objective, the Fund will take positions whose weightings diverge from the benchmark or invest in securities which are not included in the benchmark. The investments of the Fund may deviate significantly from the components and their weightings in the benchmark. Due to the active nature of the management process, the Fund's performance profile may deviate significantly from that of the benchmark over the longer term. Derivatives and Techniques Derivatives will only be used for hedging or to provide exposures that could be achieved through investment in the assets in which the Fund is primarily invested. Usage of derivatives is monitored to ensure that the Fund is not exposed to excessive or unintended risks. Investors in the fund may buy and sell shares on any dealing day (as defined in the Prospectus). If you invest in income shares, income from investments in the fund will be paid out to you. If you invest in accumulation shares, income will be added to the value of your shares. Recommendation: the fund may not be appropriate for investors who plan to withdraw their money within five years. Investors should satisfy themselves that their attitude to risk aligns with the risk profile of this fund before investing.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Negative
Negative
Risk and reward profile
3
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 27/11/202024.27
Morningstar categoryEUR High Yield Bond
CurrencyEUR
Distribution statusAccumulating
ISINLU0119176310
Inception Date13/11/2000
Minimum initial amount100.00 EUR
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge1.44% of which 0.63% is paid to MeDirect
Fund management company
AddressAberdeen Standard Investments Luxembourg S.A. 35a Avenue John F Kennedy Luxembourg L-1855 Luxembourg
Manager NameBen Pakenham
Manager Start Date15/05/2012
Websitewww.aberdeenstandard.com
Total Net Assets (mil)684.32 EUR (31/10/2020)
UCITSYes
AdministratorBNP Paribas Securities Services (Lux)

Documents

Prospectus
en 02/11/2020
Annual Report
en 30/09/2019
Semi Annual Report
en 31/03/2020
Morningstar Report
29/11/2020

Performance

Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
Annualised performance in EUR
PeriodAnnualised returnDate
1 year3.72%27/11/2020
3 years1.96%27/11/2020
5 years3.50%27/11/2020
10 years5.00%27/11/2020
Since launch4.52%27/11/2020
Cumulative performance in EUR
Performance
YTD 01/01/20202.66
1 month3.79
3 months3.94
6 months11.01
Quarterly Returns
Q 1Q 2Q 3Q 4
2020-16.72%14.90%2.26%-
20193.60%1.97%1.20%1.89%
2018-0.56%-0.99%1.25%-5.00%
20171.08%2.12%1.29%0.46%
20161.06%0.85%3.08%2.02%
Dividend

Asset Allocation
% Long% Short% Net Assets
Stock0.00%0.00%0.00%
Bond88.30%0.00%88.30%
Cash40.14%37.89%2.25%
Other9.45%0.00%9.45%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
18.9811.038.82
Sharpe Ratio
0.100.110.39
Sortino Ratio
0.130.130.48
Positive Months8.0024.0040.00
Negative Months3.0011.0019.00
Worst Month-15.22-15.22-15.22
World Regions
No Data Available
Stock Sector Weighting
No Data Available
Top 10 Holdings
HoldingSectorCountry% of Assets
Ziggo Bond Company B.V. 3.38% 28/02/2030Netherlands2.49
Altice Luxembourg S.A. 8% 15/05/2027France1.94
Stichting AK Rabobank Certificaten 0% Netherlands1.79
Teva Pharmaceutical Finance Netherlands II B.V 4.5% 01/03/2025Israel1.79
Matterhorn Telecom S.A. 3.12% 15/09/2026Switzerland1.68
Telecom Italia Finance S.A. 7.75% 24/01/2033Italy1.65
Virgin Media Vendor Financing Notes III Designated Activity Company 4.88% 15/07/2028United Kingdom1.58
RCI Banque S.A. 2.62% 18/02/2030France1.56
Virgin Money UK PLC 8% United Kingdom1.56
Petroleos Mexicanos 3.75% 21/02/2024Mexico1.38
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Fixed Income Style
Large
Interest Rate Sensitivity
Mid
Small
Value
Blend
Growth
Credit Quality
24.27
Closing Price
All key information and documents must be reviewed before being able to Invest.