Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

AB FCP I-European Income Portfolio AT USD H

Ranked 2 out of 2 in - Europe over 12 months
All calculations are in USD unless stated

Managed by

Scott DiMaggio

The global director of fixed income for Alliance Bernstein New York, Scott A DiMaggio, runs the funds Global Plus Fixed Income and Global Bond Fund. He describes his investment style as macro, fundamental and benchmark-aware. He invests in his own strategies and considers the global, multi-sector approach allows the fund to perform well in all market environments. The most attractive part of the bond market for him is the investment grade credit/ developed and emerging market. Prior to joining Alliance Bernstein, he worked for Santander Investments in risk management. Scott is CFA charterholder and is member of both the CFA Institute and the NYSSA.

Jorgen Kjaersgaard

Jørgen Kjærsgaard is head of European credit at Alliance Bernstein. He serves as portfolio manager for European Credit and heads the UK & Euro, High-Yield and Investment-Grade Credit portfolio-management teams. Prior to joining the firm in 2007, Jørgen was executive director for structured credit solutions at Rabobank. He holds a BSc in Business Administration and an MBSc in Finance from the Aarhus School of Business at Aarhus University.

John Taylor

Objective

The investment objective of the Portfolio is to achieve high total return by maximizing current income and, to the extent consistent with that objective, capital appreciation. The Investment Manager intends to manage the Portfolio to maximize current income by taking advantage of market developments, yield disparities and variations in the creditworthiness of issuers. The Portfolio will pursue this objective through investment primarily in fixed-income securities of European companies and governments, at least two-thirds of the Portfolio's total assets in such securities, and may invest up to one-third of total assets in Euro- or European currency-denominated fixedincome securities of non-European issuers.

Showing fund performance in Hong Kong View performance globally

Performance

Europe over : 30/04/2017 - 30/04/2018
  • Rank 2/2 Total Return
  • Rank 1/2 Standard Deviation
  • Rank 1/2 Max Drawdown
Fund Name Currency Return
1 Threadneedle (Lux)-European Strategic Bond AE USD USD

11.7%

2 AB FCP I-European Income Portfolio AT USD H

Currency exposure is hedged

Currency exposure is hedged

USD

5.0%

Fund Name Currency Risk
1 AB FCP I-European Income Portfolio AT USD H

Currency exposure is hedged

Currency exposure is hedged

USD

2.0

2 Threadneedle (Lux)-European Strategic Bond AE USD USD

7.5

Fund Name Currency Loss
1 AB FCP I-European Income Portfolio AT USD H

Currency exposure is hedged

Currency exposure is hedged

USD

-0.3%

2 Threadneedle (Lux)-European Strategic Bond AE USD USD

-3.5%

Total Return

Quarterly Performance

to 31/03/2018 Annual Q1 Q2 Q3 Q4
2018 0.8%
2017 5.4% 0.7% 1.9% 1.5% 1.2%
2016 6.5% 2.2% 1.6% 2.6% 0.0%
2015 0.5% 2.9% -2.8% -0.5% 0.9%
2014 6.0% 2.6% 1.6% -0.1% 1.9%
2013 4.9% 0.8% -0.6% 2.3% 2.4%
2012 21.7% 9.3% -0.4% 6.4% 5.0%
2011 -2.1% 1.6% 0.1% -6.0% 2.4%
2010 -0.9%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Bahrain
  2. Chile
  3. Finland
  4. France
  5. Hong Kong
  6. Iceland
  7. Korea
  8. Luxembourg
  9. Macau
  10. Netherlands
  11. Norway
  12. Portugal
  13. Singapore
  14. Sweden
  15. Switzerland
  16. Taiwan

Fund Info

  • Launch date08/09/2010
  • Base currencyUSD
  • ISIN LU0539802446
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment2,000
  • Min. regular additional investment0

Charges

  • Annual management1.10%
  • Initial investment1.1

Related News

Revealed: corporate credit head's rate rise cheat sheet

AB’s Jorgen Kjasersgaard said corporate debt stands to excel as sovereigns continues to shift.

Why we need to rethink what duration means for HY

AB’s Jorgen Kjaersgaard reveals where the sweet spot is when it comes to duration positioning.

ECB manager reaction: brace for volatility

Bond managers react to the latest ECB meeting.

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