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Aberdeen Diversified Income A Inc

Ranked 365 out of 390 in - Balanced GBP over 12 months
All calculations are in GBP unless stated

Managed by

Michael Turner

Michael Turner is a seasoned fixed interest investor with more than 17 years' experience and fills his Bank of Scotland Income and Edinburgh Fixed Interest funds with companies that have had good quality management in place for some time. Born in February 1962 in the Bahamas, Turner studied Economics at Heriot Watt University, Edinburgh, before embarking on his professional career in 1984 in the unit trust administration department of Waverly Asset Management. In 1986 he got his first fund manager role with Gulf International Bank as a global fixed income manager. In 1988, he moved to London-based global investment manager WorldInvest, where he spent the bulk of his career and rose through the ranks to head the group's fixed income team. In 1998 he was appointed head of global fixed interest at Edinburgh Fund Managers. He was named as head of strategy and asset allocation at Aberdeen Asset Managers in November 2003 following their takeover of Edinburgh Fund Managers.

Objective

The Funds investment objective is to provide income combined with long term capital growth. It will aim to achieve this by investing in a globally diversified portfolio of assets. The majority of the Fund will be exposed to Equity and Equity-Related securities, Investment grade and sub-Investment grade Debt and debt-related securities issued by governments, government-related bodies, and corporations. The remainder of the Fund may be exposed to cash, cash equivalents, deposits, money market instruments and alternative assets including property and infrastructure. The Funds holdings may include exposure to emerging markets. The Fund may not include exposure to all of the stated asset classes at any point in time. The Fund is multi-asset in nature and the Investment Adviser has the flexibility to amend the allocation between different asset classes in line with its view on markets in order to achieve the Funds objective. The Fund will mainly gain exposure to the asset classes through direct investment, although exposure to alternative asset classes will be obtained indirectly. When investing indirectly the Fund will gain exposure through investment in collective investment schemes, exchange traded funds (ETFs) and derivatives. When investing indirectly through collective investment schemes, the Fund will mainly invest in products managed by the Investment Adviser and/or its associated group companies where such products are available. The Fund may also invest in collective investment schemes managed by third party managers. The Fund may use financial derivative instruments for investment purposes and/or efficient portfolio management (including hedging) The Fund may use derivative instruments to create short and / or long positions in currencies other than the base currency.

Showing fund performance in United Kingdom View performance globally

Performance

Balanced GBP over : 31/05/2017 - 31/05/2018

Total Return

Quarterly Performance

to 31/03/2018 Annual Q1 Q2 Q3 Q4
2018 -2.0%
2017 6.7% 2.9% 2.4% 0.3% 0.9%
2016 13.3% 1.0% 4.1% 6.3% 1.3%
2015 -1.4% 4.2% -3.0% -3.7% 1.3%
2014 4.5% 0.8% 1.8% -0.3% 2.2%
2013 9.0% 7.1% -1.9% 1.6% 2.0%
2012 7.6% 1.7% 1.2% 3.4% 1.2%
2011 7.3% 1.1% 2.0% -2.3% 6.5%
2010 13.3% 5.0% -2.7% 8.3% 2.4%
2009 17.6% -9.3% 9.4% 16.9% 1.4%
2008 -15.9% -4.8% -6.0% -2.4% -3.8%
2007 1.7% 1.2% 0.2% -0.6% 0.9%
2006 9.0% 4.3% -1.7% 3.0% 3.2%
2005 13.3% 2.1% 3.9% 4.0% 2.7%
2004 9.2% 1.3% 0.8% 2.0% 4.9%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date08/12/2003
  • Share Class size01Mn
  • Base currencyGBP
  • ISIN GB00B1BW3J18

Purchase Info

  • Min. initial investment500
  • Min. regular additional investment50

Charges

  • Annual management1.25%
  • Initial investment1.25

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).