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AB (HK) American Income Portfolio A2 RMB H

Ranked 10 out of 194 in - US Dollar over 12 months
All calculations are in USD unless stated

Managed by

Paul DeNoon

Paul DeNoon joined Alliance Capital as a portfolio manager in 1992 and currently takes charge of the massive AllianceBernstein-American Income Portfolio. The fund is 100% US Dollar denominated with DeNoon allocating between sectors based upon top-down analysis of global economic trends. Bottom-up in-house research drives the security selection. Prior to joining Alliance Capital, DeNoon spent six years working for Manufacturers Hanover Trust as an economist and ultimately portfolio manager. He started his career with two years as an economic research analyst at Lehman Brothers. DeNoon was born in Rochester, New York, in 1962 and holds a bachelor’s degree in economics from Union College, Schenectady, New York, and a masters degree in finance from New York University. Away from the office he is a keen skier and keeps himself busy coaching youth soccer.

Gershon Distenfeld

Gershon Distenfeld was born in 1975 in New York. He holds BA in finance from the Sy Syms School of Business at Yeshiva University in New York and is a CFA Charterholder. He started his career in July 1997 at Lehman Brothers as an emerging markets operations analyst, and in May 1998 joined Alliance Bernstein as a high yield trader. He then started managing high yield portfolios and is currently director of high yield. Outside of work, Gershon enjoys golf, backgammon and American football.

Douglas Peebles

Douglas J. Peebles graduated from Muhlenberg College in Pennsylvania with a BA and from Rutgers University in New Jersey with an MBA. He is the chief investment officer of Alliance Bernstein's fixed income business in New York and is directly responsible for supervising all fixed income mandates. Doug joined Alliance Bernstein in 1987, and became director of fixed income in 1997. From 2004 to 2008 he was co-head of fixed income before becoming CIO in August 2008. He is also chairman of the interest rates and currencies research review team which is responsible for setting interest rate and currency policy for all fixed income portfolios. Outside of fund management Doug enjoys playing golf.

Objective

The fund seeks to provide a high level of current income consistent with preservation of capital by investing in a diversified portfolio of fixed-income securities. Investments may include all types of U.S. Government securities, including those backed by the full faith and credit of the U.S. Government, those supported by the right to borrow from the U.S. Treasury and those backed by the credit of the issuing agency itself.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

US Dollar over : 30/11/2016 - 30/11/2017
  • Rank 10/194 Total Return
  • Rank 182/194 Standard Deviation
  • Rank 169/194 Max Drawdown
Fund Name Currency Return
8 La Fayette US Corporate Bonds USD

14.4%

9 GAM Star Credit Opportunities (USD) USD Acc USD

13.9%

10 AB (HK) American Income Portfolio A2 RMB H

Currency exposure is hedged

Currency exposure is hedged

USD

13.5%

11 Investec Africa Fixed Income Opps S Acc USD USD

12.8%

12 NEF - Absolute Return Bond R USD

12.6%

Fund Name Currency Risk
180 Manulife AM US Large Cap Core Equity R USD Acc USD

4.7

181 Dynamic Alternative Yield Class - Series A USD

4.7

182 AB (HK) American Income Portfolio A2 RMB H

Currency exposure is hedged

Currency exposure is hedged

USD

4.9

183 UNIQA Dollar Bond USD

5.3

184 NEF - Absolute Return Bond R USD

5.6

Fund Name Currency Loss
167 SYZ AM (CH) 1 USD Government Fixed Income A USD

-1.3%

168 KBC Renta Dollarenta Cap USD

-1.3%

169 AB (HK) American Income Portfolio A2 RMB H

Currency exposure is hedged

Currency exposure is hedged

USD

-1.3%

170 Metlife Alico Dollar Bond USD

-1.3%

171 Anima Bond Dollar Prestige USD

-1.3%

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 4.6% 4.2% 3.0%
2016 3.9% 6.5% 0.6% 2.4% -5.2%
2015 -3.3%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Hong Kong

Fund Info

  • Launch date27/08/2015
  • Share Class size02Mn
  • Base currencyCNH
  • ISIN HK0000258274
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment10,000
  • Min. regular additional investment0

Charges

  • Annual management1.10%

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