Aberdeen Global - Select Emerging Markets Bond Fund A MInc USD

安本環球 - 新興市場債券基金 A類每月派息美元

LU0132413252

Risk Rating: Level 4

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating three (3) or four (4), these are mainly aimed at providing income and capital appreciation to investors by investing primarily in balanced portfolio, including high yield bonds and global equities etc. For more details, please refer to the Due Diligence section under the Procedures page.

Non-dealing Hours
USD

17.0499

Latest Price: 2019-04-17

Dealing Information

0%

Subscription Fee
As low as 0 %

Secure Transaction

Derivatives knowledge not required

HKD10,000.00Min. Subscription

1.50%

HKD5,000.00Min. Subscription

AUD / HKD / JPY / EUR / GBP / USD

HKD10,000.00Min. Subscription

HKD10,000.00

  • The fund has been suspended for further subscription since 2015-01-06.
*Not include dividends (If applicable)

Fund Performaces

1 mth
+0.78
3 mth
+4.73
6 mth
+6.10
1 yr
-0.31
3 yr
+15.54
5 yr
+16.10

Analytical Figures (3 years)

Annualized Return
+4.93
Annualized Volatility
+6.82
Sharpe Ratio
+0.59

Fund Information

Fund Houses
Aberdeen Standard Investments
Launch Date
2001-08-14
Fund Manager
Aberdeen International Fund Managers Limited – Hong Kong (internal delegation)
Manager Start Date
Geographical Focus
Emerging Markets
Asset Class/ Sector
Fixed Income - Hybrid
Risk Rating
Risk Level 4

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating three (3) or four (4), these are mainly aimed at providing income and capital appreciation to investors by investing primarily in balanced portfolio, including high yield bonds and global equities etc. For more details, please refer to the Due Diligence section under the Procedures page.

Fund AUM(As of 2019-04-17)
USD 1,647,646,000
Management Fee
1.50%
Latest Dividend
USD 0.0715 (2019-03-31)

Sector Leaders

Dealing Information

0%

Subscription Fee
As low as 0 %

Secure Transaction

Derivatives knowledge not required

HKD10,000.00Min. Subscription

1.50%

HKD5,000.00Min. Subscription

AUD / HKD / JPY / EUR / GBP / USD

HKD10,000.00Min. Subscription

HKD10,000.00

  • The fund has been suspended for further subscription since 2015-01-06.

Dividend Records

Dividend DateDividend Records (USD)
2019-03-310.0715
2019-02-280.0695
2019-01-310.0774
2019-01-010.0744
2018-12-020.0749
2018-10-310.0808
2018-09-300.0755
2018-09-020.0640
2015-11-300.0754
2015-10-310.0518
2015-09-300.0691
2015-08-310.0613
2015-07-310.0704
2015-06-300.0656
2015-05-310.0714
2015-04-300.0801
2015-03-310.0743
2015-02-280.0818
2015-01-310.0721
2014-12-310.0704
2014-11-300.0726
2014-10-310.0767
2014-09-300.0654
2014-08-310.0761
2014-06-300.0700
2014-05-010.0700
2014-03-310.0600
2014-03-020.0700
2014-02-020.0600
2014-01-010.0600
2013-12-010.0600
2013-09-300.0600
2013-09-010.0600
2013-07-310.0600
2013-06-300.0535
2013-06-020.0518
2013-05-010.0556
2013-04-010.0589
2013-02-280.0591
2013-01-310.0659
2013-01-010.0668
2012-12-020.0660
2012-11-010.0717
2012-09-300.0615
2012-09-020.0660
2012-07-310.0777
2012-07-010.0661
2012-05-310.0691
2012-05-010.0752
2012-04-010.0643
2012-02-290.0699
2012-01-310.0854
2012-01-010.1198
2011-11-300.0608
2011-11-010.0795
2011-10-020.0981
2011-08-310.1013
2011-07-310.0586
2011-06-300.0744
2011-05-310.0609
2011-05-010.0781
2011-03-310.0681
2011-02-280.0682
2011-01-310.0632
2011-01-020.0910
2010-11-300.0758
2010-11-010.0657
2010-09-300.0632
2010-08-310.0678
2010-08-010.0556
2010-06-300.1076
2010-05-310.0669
2010-05-020.0675
2010-03-310.0715
2010-02-280.0761
2010-01-310.0681
2009-11-300.0744
2009-11-010.0738
2009-09-300.1120
2009-08-310.0769
2009-07-300.0889
2009-06-300.0878
2009-06-010.0852
2009-03-310.0900
2009-03-010.0784
2009-02-010.0835
2009-01-010.1170
2008-11-300.0816
2008-11-020.0730
2008-09-300.0844
2008-08-310.0826
2008-07-310.0884
2008-06-300.0770
2008-06-010.0926
2008-05-010.0874
2008-03-310.0904
2008-03-020.0955
2008-01-310.0720
2008-01-010.0810
2007-12-020.1020
2007-11-010.0823
2007-09-300.0614
2007-09-020.0678
2007-07-310.0802
2007-07-010.0843
2007-05-310.0954
2007-05-010.0647
2007-04-010.1255
2007-02-280.0853
2007-01-310.0723
2007-01-010.0758
2006-12-030.0911
2006-11-010.0748
2006-10-010.0586
2006-08-310.0485
2006-07-310.1007
2006-07-020.0931
2006-05-310.1012
2006-05-010.0842
2006-04-020.0803
2006-02-280.0725
2006-01-310.1061
2006-01-010.0822
2005-11-290.1253
2005-11-030.0831
2005-10-020.1028
2005-08-310.0880
2005-07-310.0705
2005-06-300.0710
2005-06-010.0886
2005-05-010.0704
2005-03-300.0829
2005-02-270.0789
2005-01-300.0697
2005-01-030.0947
2004-11-300.0796
2004-11-010.0834
2004-09-300.0611
2004-08-310.0724
2004-08-010.0678
2004-06-300.0593
2004-05-310.0527
2004-05-020.0581
2004-03-310.0691
2004-02-290.0530
2004-02-010.0584
2003-12-300.0594
2003-11-270.0674
2003-10-300.0864
2003-09-290.0805
2003-08-280.0745
2003-07-300.0822
2003-06-290.0747
2003-05-290.0799
2003-04-290.0799
2003-03-300.0682
2003-02-270.0578
2003-01-300.0641
2002-12-300.0642
2002-11-280.0422
2002-10-300.0511
2002-09-290.0475
2002-08-290.0458
2002-07-300.0441
2002-06-270.0405
2002-05-300.0545
2002-04-290.0626
2002-03-270.0746
2002-02-270.0616
2002-01-300.0649
2001-12-300.0548
2001-11-290.0454
2001-10-300.0692
2001-09-270.0636
2001-08-300.0127

Investment Objective

To achieve long-term total return by investing at least two-thirds of the Fund’s assets in fixed interest securities which are issued by corporations with their registered office in and/or government related bodies domiciled in an Emerging Market country.

Nature and Extent of Risks

Investment involves risks. Please refer to the Summary Prospectus of Aberdeen Global for details including the risk factors.
1. Risk of investing in debt and debt-related securities
The Fund’s investments in debt and debt-related securities are subject to interest rate risk and credit risk.
Interest rate fluctuations will affect the capital value of investments. Where long term interest rates rise, the capital value of shares is likely to fall and vice versa. Interest rate risk is the chance that such movements in interest rates will negatively affect the value of a security or, in a Fund’s case, its net asset value. Securities with greater interest rate sensitivity and longer maturities tend to produce higher yields, but are subject to greater fluctuations in value.
Credit risk reflects the ability of the borrower (bond issuer) to meet its obligations (pay the interest on a bond and return the capital on redemption date). Changes in the financial condition of an issuer, changes in economic and political conditions in general, or changes in economic and political conditions specific to an issuer, are all factors that may have an adverse impact on an issuer’s credit quality and security values.
2. Sovereign debt risk
Investment in debt obligations issued or guaranteed by governments of certain developed and developing countries or their agencies and instrumentalities (“governmental entities”) involves a higher degree of risk. The governmental entity that controls the repayment of sovereign debt may not be able or willing to repay the principal and/or interest when due in accordance with the terms of such debt.
A governmental entity’s willingness or ability to repay principal and interest due in a timely manner may be affected by, among other factors, its cash flow situation, the extent of its foreign reserves, the availability of sufficient foreign exchange on the date a payment is due, the relative size of the debt service burden to the economy as a whole, the governmental entity’s policy towards the International Monetary Fund and the political constraints to which a governmental entity may be subject.
Governmental entities may default on their sovereign debt. Holders of sovereign debt, including the Fund, may be requested to participate in the rescheduling of such debt and to extend further loans to governmental entities.
3. Risk of investing in sub-investment grade / high-yielding bonds
The Fund invests in fixed interest securities, including sub-investment grade securities. Consequently, the Fund’s portfolio may have a significant position in sub-investment grade bonds and/or high-yielding bonds, which means that there is more risk to investor’s capital and income than from a fund investing in investment grade bonds.
The Fund may invest in sub-investment grade fixed interest securities which is subject to a higher credit risk and a greater possibility of default than investment grade bonds. If the issuer defaults, or sub-investment grade bonds or their underlying assets cannot be realised, or performed badly, investor may suffer substantial losses.
In addition, the market for bonds which are rated below investment grade, have a lower credit rating or are unrated generally has lower liquidity and less active than that for higher rated bonds and the Fund’s ability to liquidate its holdings in response to changes in the economy or the financial markets may be further limited by such factors as adverse publicity and investor perceptions.
Investment in sub-investment grade bonds involves greater price volatility and risk of loss of principal and income than investment in bonds of a higher investment grade quality.
Investment in high yield bonds involves substantial risk. Issuers of high yield debt securities may be highly leveraged and may not have available to them more traditional methods of financing. The issuer’s ability to service its debt obligations may be adversely affected by specific issuer developments, or the issuer’s inability to meet specific projected business forecasts, or the unavailability of additional financing. In the event of bankruptcy of an issuer, the Fund may experience losses and incur costs.
4. Risk of using derivatives
Derivatives may be used for hedging or efficient portfolio management.
n adverse situation, the Fund’s use of financial derivative instruments may become ineffective and the Fund may suffer significant losses.
5. Counterparty Risk
The Fund may enter into contracts that entail a credit exposure to certain counterparties such as bond issuers and counterparties of derivatives. To the extent that a counterparty defaults on its obligation and the Fund is delayed or prevented from exercising its rights with respect to the investments in its portfolio, it may experience a decline in the value of its position, a loss of income and possible additional costs associated with asserting its rights.
6. Emerging markets risk
The Fund invests in emerging markets which tend to be more volatile than mature markets and its value could move sharply up or down. In some circumstances, the underlying investments may become illiquid which may constrain the Investment Manager’s ability to realise some or all of the portfolio. The registration and settlement arrangements in emerging markets may be less developed than in more mature markets so the operational risks of investing are higher. Political risks and adverse economic circumstances are more likely to arise, putting the value of your investment at risk.
The Fund’s portfolio comprises securities of emerging market corporate issuers which can be less liquid than securities of government issuers.
7. Exchange rates risk
The Fund may invest in securities denominated in a number of different currencies other than the base currency in which the Fund is denominated. Changes in foreign currency exchange rates may adversely affect the value of the Fund’s investments and the income thereon.
8. Risks relating to payments of dividends out of capital
The Board of Directors of Aberdeen Global may at its discretion pay dividends out of the capital of the Fund or pay dividends out of gross income while charging/ paying all or part of the Fund’s fees and expenses to/ out of the capital of the Fund, resulting in an increase in distributable income for the payment of dividends by the Fund and therefore, the Fund may effectively pay dividends out of capital.
Payment of dividends out of capital amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment. Any distributions involving payment of dividends out of the Fund’s capital or payment of dividends effectively out of the Fund’s capital (as the case may be) may result in an immediate reduction of the net asset value per share.
If Aberdeen Global intends to change the dividend policy, Aberdeen Global will seek the SFC’s prior approval and provide shareholders with prior written notification of not less than one month (or such other period as the SFC may require).
9. General risk
The value of shares and the income from them can go down as well as up and you may not get back the amount invested.