Address And Details

Mellon Bank Ctr., 1735 Market St.- 37th Fl. , Philadelphia, PA 19103
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The Aberdeen Global Absolute Return Strategies Fund (formerly, Aberdeen Global Unconstrained Fixed Income Fund) (the “GARS® Fund” or the “Fund”) seeks to generate a positive absolute return over the medium to long term (3-5 years or more) irrespective of market conditions, while seeking to reduce the risk of loss. The GARS® Fund employs an “absolute return” investment approach. This means that in pursuing the Fund’s investment objective, the Fund benchmarks itself to an index of cash instruments, rather than a stock or bond market index, and seeks to achieve positive long term returns irrespective of broad movements in the bond and equity markets. As an “absolute return” fund, the GARS® Fund employs investment management techniques that may differ from traditional mutual funds. The GARS® Fund may use an extensive range of investment strategies and invest in a wide spectrum of equity and fixed-income securities and derivative instruments in pursuing its investment objective. The GARS® Fund also may hold significant amounts of cash and/or invest significantly in cash equivalents and short-term investments, including money market funds. The GARS® Fund may invest in equity and fixed-income securities of companies and government and supranational entities around the world, including in emerging markets. The GARS® Fund is not subject to any maturity, market capitalization, or credit quality restrictions and may invest in high-yield below-investment-grade bonds (junk bonds) without limitation.

Net Asset Value

as of 5:34 PM ET 09/17/2021

Performance

  • 1 Week
  • -0.29%
  • 1 Month
  • 0.00%
  • 3 Months
  • -1.16%
  • 1 Yr Return
  • +0.20%
  • 5 Yr Return
  • +2.72%

Equity Sector Breakdown

ConsumerDurables n/a
Energy n/a
Finance n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Bonds 45.83%
Cash 39.86%
Stocks 14.08%
Other 0.16%
Preferred 0.06%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 490.00 K

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 0.55 0.68 -0.84
Beta 0.23 0.16 0.44
R Squared 0.05 0.03 0.11
Std Deviation 3.73 2.96 3.99
Sharpe Ratio 0.42 0.34 n/a

Purchase Information

as of 5:52 PM ET 09/15/2021
Minimum Initial $1000
Minimum Additional $50
Minimum Initial IRA $1000

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 05/31/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 05/31/2021
1 Year
  • +0.55%
  • +5.79%
+0.55% +5.79%
3 Year
  • +2.58%
  • +2.99%
+2.58% +2.99%
10 Year
  • +0.84%
  • +1.03%
+0.84% +1.03%
Life Of Fund
  • +2.08%
  • +2.15%
+2.08% +2.15%

Top 10 Holdings

Symbol Company Name % Of Assets
n/a

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