Aberdeen proposes a responsible emerging debt fund | Photo credit: Shutterstock
Aberdeen launches Aberdeen – Emerging Markets Sustainable DEvelopment Corporate Bond Fund (Isin code: LU2392363755), one of the first emerging debt funds to display a sustainable investment objective. Indeed, it finances companies that contribute positively to the 17 Sustainable Development Goals (SDGs) of the United Nations. The needs are particularly critical in terms of financial integration, food security, access to healthcare, infrastructure and adaptation to climate change. The fund is made up of issuers that can offer both a sustainable return and a positive societal impact.
Maximum entry fee: 5%; annual management fees: 1.2%; minimum subscription: the equivalent of $1,500.
Investing opinion
Even if emerging debt is one of the few bond asset classes whose remuneration is not starving, we will wait for this fund to prove itself before possibly advising it. Indeed, the results of Aberdeen Select Emerging Markets Bonds, another Aberdeen fund specializing in emerging debt, are not good, with performances slightly below the average for its category both over one year and over three or five years. .