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abrdn Ethical Corporate Bond Class I - Income (GBP)

Sell:48.07p Buy:48.07p Change: 0.60p (1.23%)
Prices as at 1 November 2024
Sell:48.07p
Buy:48.07p
Change: 0.60p (1.23%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 1 November 2024
Sell:48.07p
Buy:48.07p
Change: 0.60p (1.23%)
Prices as at 1 November 2024
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Also available as accumulation units Help

Charges and Savings

Initial charges
Initial charge: 0.00%
Initial saving from HL: 0.00%
Net initial charge: 0.00%
HL dealing charge: Free
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.59%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.59%
There are other unit types of this fund available:
Class I - Accumulation (GBP) (Net ongoing charge 0.59%)

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.


Other Information

Unit type: Unbundled
Manager:
Mark Munro
Fund launch date: 2 November 2005
Sector: GBP Corporate Bond
Fund size: £351 million
Number of holdings: 239
Fund type: OEIC
Accumulation/income: Income
Dealing frequency: Daily
Valuation point: 12:00
Trustee: Citibank
Minimum investment: £100.00
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

01/11/19 to 01/11/20 01/11/20 to 01/11/21 01/11/21 to 01/11/22 01/11/22 to 01/11/23 01/11/23 to 01/11/24
Annual return 4.09% 1.16% -21.52% 2.38% 10.62%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

The Wealth Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

Fund Objective

To generate income and some growth over the long term (5 years or more) by investing in sterling denominated investment grade corporate bonds which adhere to the abrdn Ethical Corporate Bond Investment Approach. Performance Target: To be top quartile within the fund's peer group; as measured by the Investment Association Sterling Corporate Bond Sector Average, over rolling three-year periods (after charges). There is no certainty or promise that the Performance Target will be achieved. The Investment Association Sterling Corporate Bond Sector (the "Sector") is a representative group of investment funds with a focus on sterling denominated investment grade bonds issued by companies.

Income Details

Distribution yield : 4.06%
Underlying yield : 4.06%
Income paid: Quarterly
Type of payment: Interest
Ex-dividend date: 1 November 2024 1 February 2025 1 May 2025 1 August 2025
Payment date: 28 February 20254 31 March 20254 30 June 20254 30 September 20254

This data is provided by Broadridge. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. Information correct as at 30 September 2024.

Security Weight
EUROPEAN INVESTMENT BANK 3.875% 06/08/2037 1.84%
EUROPEAN INVESTMENT BANK 4.625% 10/12/2054 1.34%
LLOYDS BANKING GROUP PLC 1.985% 12/15/2031 1.30%
YORKSHIRE BUILDING SOC 6.375% 11/15/2028 1.11%
BARCLAYS PLC 3% 05/08/2026 1.07%
DWR CYMRU FINANCING UK 2.375% 03/31/2034 1.07%
WORKSPACE GROUP PLC 2.25% 03/11/2028 1.05%
NGG FINANCE PLC 5.625% 06/18/2073 1.01%
NATWEST GROUP PLC 3.622% 08/14/2030 0.99%
ORANGE SA 5.375% 11/22/2050 0.93%
Sector Weight
Bonds 85.54%
Non-Classified 11.47%
Cash and Equiv. 1.59%
Alternative Trading Strategies 1.40%
Country Weight
United Kingdom 49.78%
Non-Classified 17.63%
United States 7.58%
France 5.05%
Luxembourg 3.73%
Germany 3.46%
Spain 2.20%
Netherlands 2.19%
Switzerland 1.86%
Cash and Equiv. 1.59%

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 1 November 2024. Data provided by Broadridge, correct as at 30 September 2024.

Broadridge
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account

4 If you elect to receive the income from an ISA or a Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.