abrdn UK Government Bond Fund Institutional Income

Management

Fund classes:
abrdn UK Government Bond Fund Institutional Income
36.64p Price
-0.02p
-0.05%
Today's Change
ISIN GB0004333166
Share Class Income
Ongoing Charge 0.29%
Annual Management Charge 0.2%

Fund management breakdown

Manager Company abrdn
Fund Type Open Ended Investment Company
Benchmark GBP Government Bond
Domicile GBR
For Sale in United Kingdom

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

Fund objective

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.