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ASI Global Absolute Return Strategies Fund Retail Accumulation

Performance History31/10/2019
Growth of 1,000 (GBP) Advanced Graph
ASI Global Absolute Return Strategies Fund Retail Accumulation
Fund2.2-3.12.0-6.45.6
+/-Cat-----
+/-B’mrk-----
 
Category: Alt - Multistrategy
Category Benchmark: -
Key Stats
NAV
11/11/2019		 GBX 74.30
Day Change -0.05%
Morningstar Category™ Alt - Multistrategy
IA (formerly IMA) Sector Targeted Absolute Return
ISIN GB00B28S0093
Fund Size (Mil)
31/10/2019		 GBP 6091.99
Share Class Size (Mil)
-		 -
Max Initial Charge 4.00%
Ongoing Charge
07/08/2019		  1.31%
*  This rating and report were issued for a different share class of this fund. The performance and fee structure of this class may vary from that referenced.
Morningstar Research
Analyst Report

The lead manager of Aberdeen Standard Investments Global Absolute Return Strategies is set to leave the fund in 2019, and his replacement is new to the firm. The change creates uncertainty in both the team structure and its ability to efficiently...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleNeutral
ParentNeutral
ProcessNeutral
PerformanceNeutral
PricePositive
Investment Objective: ASI Global Absolute Return Strategies Fund Retail Accumulation
To generate a positive absolute return over the medium to long term (3 to 5 years or more) irrespective of market conditions, whilst reducing the risk of losses. Invested capital is however at risk and there is no guarantee that the objective will be attained over any time period.
Returns
Trailing Returns (GBP)11/11/2019
YTD4.84
3 Years Annualised0.39
5 Years Annualised-0.10
10 Years Annualised2.91
12 Month Yield 1.85
Management
Manager Name
Start Date
Aymeric Forest
05/04/2019
Inception Date
05/05/2008
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
ICE LIBOR 6 Month GBP-
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationYes
GrowthYes
IncomeNot Specific
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  ASI Global Absolute Return Strategies Fund Retail Accumulation31/07/2019
Morningstar Style Box®
Equity Style
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock43.8817.5226.35
Bond39.4349.23-9.80
Property0.000.000.00
Cash255.85181.0474.81
Other0.830.700.13
Fixed Income
Effective Maturity-
Effective Duration-
Top 5 Regions%
United States44.42
United Kingdom40.37
Eurozone8.93
Europe - ex Euro5.46
Asia - Emerging0.33
Top 5 Sectors%
Energy15.60
Financial Services15.27
Technology14.57
Consumer Cyclical11.30
Consumer Defensive11.25
Top 5 HoldingsSector%
Option on FTSE 100 PR GBP14.93
France (Republic Of) 1.5%5.54
Etd Future4.71
Option on S&P 500 PR4.64
Option on NASDAQ 100 PR USD4.44
Increase Decrease New since last portfolio
ASI Global Absolute Return Strategies Fund Retail Accumulation
In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)

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