Aberdeen European High Yield Bond Fund I Acc

Buy/Sell Price  (as of 20/10/2016) £1.3283   Day Change :  0.17%     Fund Code:  ABHBA 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

Our View

Provider Logo


Benjamin Pakenham is a portfolio manager and credit analyst and concentrates on credit research as well as helping manage a number of high-yield portfolios. Mr. Pakenham joined Aberdeen in 2011 from Henderson Global Investors where he was a named manager on various credit portfolios including the High Yield Monthly Income Bond Fund. Previously, Mr. Pakenham worked for New Star Asset Management as a high yield analyst and assistant fund manager. Mr. Pakenham graduated with a BA Hons degree in History from Leeds University.


Mark Sanders transferred from Aberdeen to New Star in 2003 following the acquisition of Aberdeen's fixed interest funds. He has 28 years' investment experience, having worked for Friends Provident, Argosy Asset Management and Clerical Medical Investment Company. He currently works in the high yield sector with James Gledhill.
Investment HouseAberdeen
Fund ProviderAberdeen Asset Management PLC
ManagerBen Pakenham   Biography
ManagerMark Sanders   Biography

Fund Objective The investment objective is to provide an attractive level of income with the opportunity for some long-term capital return.

Key Statistics

Fund Status
Fund TypeOEIC
12-Month NAV High £1.33
12-Month NAV Low £1.21
Fund Comparative IndexBofAML European Currency High Yield TR Hdg GBP
Morningstar CategoryTMGBP High Yield Bond
Dividend FrequencyMonthly
Distribution Yield6.40%
Underlying Yield5.67%

Annual Charges

Morningstar ratings

 as of  30/09/2016
Overall4 star
3 Years4 star
5 Years4 star
10 YearsN/A

Growth of £1000 Help

 as of  20/10/2016

Past Performance (%) Help

as of 

This Fund


Fund versus Morningstar Category

Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

Nothing to display.