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abrdn Sterling Corporate Bond Tracker Class N - Accumulation (GBP)

Sell:93.94p Buy:93.94p Change: 0.11p (0.12%)
Prices as at 28 May 2024
Sell:93.94p
Buy:93.94p
Change: 0.11p (0.12%)
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 28 May 2024
Sell:93.94p
Buy:93.94p
Change: 0.11p (0.12%)
Prices as at 28 May 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.

Charges and Savings

Initial charges
Initial charge: 0.00%
Initial saving from HL: 0.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.06%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.06%

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:
Quantitative Investments
Fund launch date: 23 July 2019
Sector: GBP Corporate Bond
Fund size: £508 million
Number of holdings: 1204
Fund type: OEIC
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 12:00
Trustee: Citibank
Minimum investment: £100.00
Charges deducted from: n/a
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

28/05/19 to 28/05/20 28/05/20 to 28/05/21 28/05/21 to 28/05/22 28/05/22 to 28/05/23 28/05/23 to 28/05/24
Annual return n/a 2.77% -9.05% -10.26% 8.61%

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 tracking the return of the Markit iBoxx Sterling Non-Gilts Overall Total Return Index. Performance Target: To match the return of the Markit iBoxx Sterling Non-Gilts Overall Total Return Index (before charges). There is no certainty or promise that the Performance Target will be achieved. Markit iBoxx Non-Gilts Overall Total Return Index (the "Index") is a representative index of the global market for sterling denominated investment grade corporate bonds.

Income Details

Distribution yield : 4.39%
Underlying yield : 4.39%
Income paid: Quarterly
Type of payment: Interest
Ex-dividend date: 1 July 2024 1 October 2024 1 January 2025 1 April 2025
Payment date: 31 August 20244 30 November 20244 26 February 20254 28 May 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 31 March 2024.

Security Weight
0¼% Treasury Gilt 2025 0.75%
Kreditanstalt fuer Wiederaufbau 0.52%
4¼% Treasury Gilt 2027 0.51%
Kreditanstalt fuer Wiederaufbau 0.51%
Kreditanstalt fuer Wiederaufbau 0.44%
Kreditanstalt fuer Wiederaufbau 0.39%
European Investment Bank 6% 2028 0.37%
European Investment Bank 0.35%
European Investment Bank 0.34%
European Investment Bank 0.28%
Sector Weight
Bonds 78.29%
Cash and Equiv. 19.36%
Non-Classified 2.11%
Managed Funds 0.25%
Country Weight
United Kingdom 29.92%
Cash and Equiv. 19.36%
United States 11.65%
Non-Classified 7.83%
France 6.10%
Germany 5.72%
Netherlands 4.34%
Luxembourg 4.14%
Canada 1.77%
Australia 1.09%

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 28 May 2024. Data provided by Broadridge, correct as at 30 September 2023.

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 a Vantage ISA or Vantage 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.