Products
Australian Fixed Income
Aberdeen Asset Management is a market-leading practitioner of fixed income investment solutions in Australia. Our product range encompasses four main strategies:
- a well-established Core strategy which includes the management of traditional domestic government, credit and composite bond portfolios
- a Core Plus strategy which encompasses a combination of domestic and global fixed income exposure and targets higher out performance
- a well-established Cash Plus strategy which includes domestic discount securities, asset backed securities and corporate notes (both fixed and floating)
- a Short Duration (Income) strategy which is an extension of our Cash Plus strategy with the addition of hybrid securities
We are able to provide both segregated and pooled offerings across this product range.
Australian Fixed Income – Core
The Aberdeen Australian Core capability is managed predominantly against the UBS Composite Bond index investing mainly in Australian dollar denominated Commonwealth, semi-government, corporate bonds, asset backed securities and interest rate and credit derivatives.
These traditional funds have out performance targets ranging from 0.3-0.75% (gross) per annum.
Australian Fixed Income – Core Plus
The development of our Core Plus product balances the higher out performance targets with the acceptance of an increased opportunity set. In order to generate out performance we look to add value through an investment universe that potentially includes domestic bonds, global credit, global interest rates and currencies, high yield and emerging market securities. Out performance targets are typically 1%+.
A strong derivative capability allows us to separate sources of risk and return within fixed income securities and manage them accordingly.
Australian Fixed Income – Cash Plus
Cash Plus is our core enhanced cash product. The portfolio invests in Australian dollar denominated asset-backed securities and corporate notes (floating and fixed) and can also invest in government securities, corporate promissory notes and bonds. The Fund is rated Aft by Standard and Pours.
This fund has an out performance target of 0.50% (gross) per annum vs. the Australian Bank Bill Index.
Australian Fixed Income – Short Duration (Income)
Short duration is an extension of our cash plus product. The portfolio invests in assets delivering attractive, quarterly income to investors. These assets include Australian cash and fixed income securities, hybrid securities and structured debt. The Fund compares favourably to mortgage and hybrid funds in terms of diversification of underlying securities and overall credit risk and is rated Af by Standard & Poor’są.
This fund has an out performance target of 0.80-1.00% (gross) per annum vs. the Australian Bank Bill Index.