abrdn UK Government Bond Fund Institutional Accumulation

Overview

Fund classes:
abrdn UK Government Bond Fund Institutional Accumulation
68.03p Price
-0.04p
-0.06%
Today's Change
ISIN GB0004333380
Share Class Accumulation
Ongoing Charge 0.29%
Annual Management Charge 0.2%

Investment Objective To generate income and some growth over the long term (5 years or more) by investing in UK Government bonds. Performance Target: To achieve the return of the FTSE Actuaries UK Conventional Gilts All Stocks Index plus 0.5% per annum (before charges). There is no certainty or promise that the Performance Target will be achieved. Performance Comparator: Investment Association UK Gilt Sector Average. The FTSE Actuaries UK Conventional Gilts All Stocks Index (the "Index") is a representative index of the market for UK Government bonds. The Investment Association UK Gilt Sector (the "Sector") is a representative group of investment funds with a focus on UK Government bonds. Investment Policy Portfolio Securities - The fund will invest at least 80% in government bonds (which are like loans to government that pay interest) issued or guaranteed by the UK Government. - The fund may also invest in other bonds (including those issued by corporations) issued anywhere in the world. The fund will employ techniques to reduce (hedge) risk related to currency movements on non-sterling bonds. - The fund may also invest in other funds (including those managed by abrdn), cash and assets that can be turned into cash quickly. Management Process - The management team use their discretion (active management) to identify investments based on analysis of global economics along with analysis of an investment's prospects and creditworthiness (debt repayment ability) compared to that of the market. - Due to the fund's risk constraints, the fund's performance profile is not expected to deviate significantly from that of the Index over the long term. Derivatives and Techniques - The fund may use derivatives to reduce risk, reduce cost and/or generate additional income or growth consistent with the risk profile of the fund. - Derivatives are linked to the value of other assets. In other words, they derive their price from one or more underlying asset. They can generate returns when the value of these underlying assets rise (long positions) or fall (short positions). - Derivatives include instruments used to manage expected changes in interest rates, inflation, currencies or creditworthiness of corporations or governments. 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.

Performance

Price and Net Asset Value breakdown

Midprice 68.03p
Change on Day -0.04p
Change on Day % -0.06%
52 week high 0.70p
52 week low 0.65p
Fund currency GBX
Date updated 04 July 2025

Fund details

Fund Type Open Ended Investment Company
Unit Type Accumulation
Standard initial Charge -
Annual Management Charge 0.2%
Dividend Frequency Annually
Latest Distribution Info 0.0140p
03 March 2025

Fund manager information

Fund Manager Company abrdn

Fund manager biographies

Name Liam O'Donnell
Since 01 October 2012
Bio Liam is an Investment Director and Head of UK Gilts on the Rates Management team. Liam is responsible for running institutional and retail UK government bond funds and is also a co-manager on the Strategic Bond Fund. Prior to joining Aberdeen Standard Investments in 2010, Liam worked as a Research Analyst at Abbey Capital.
Name Aaron Rock
Since 30 September 2023
Bio
Name Matthew Amis
Since 30 September 2023
Bio
View all manager information