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AB SICAV I-RMB Income Plus Portfolio I2 CNH

Ranked 39 out of 100 in - Chinese Yuan 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.

Brad Gibson

Brad Gibson is a portfolio manager on the Asia-Pacific fixed income team at AllianceBernstein. He was previously head of rates strategies at ING Investment Management Australia, where he was responsible for the management of a range of domestic, international, diversified, nominal and inflation-linked bond portfolios. Brad was previously a member of both the interest-rate options and bond committees of the Australian Financial Markets Association and has lectured on fixed-income portfolio management for the Securities Institute of Australia.

Objective

The Portfolio's investment objective is to achieve high total returns in Renminbi (RMB) terms through current income and long-term capital appreciation. ABs RMB Income Plus strategy seeks to meet its investment objective through a combination of top down and bottom up sector and security credit analysis, interest rate management, country and currency allocations.

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

Performance

Chinese Yuan over : 30/04/2016 - 30/04/2017
  • Rank 39/100 Total Return
  • Rank 70/100 Standard Deviation
  • Rank 36/100 Max Drawdown
Fund Name Currency Return
37 HSBC RMB Bond Fund AQ2-USD USD

-2.0%

38 Fidelity Global Invt-RMB Bond (MPF) A

Currency exposure is hedged

Currency exposure is hedged

HKD

-2.1%

39 AB SICAV I-RMB Income Plus Portfolio I2 CNH USD

-2.1%

39 AZ Multi Asset Renminbi Opps Fxd Inc A USD USD

-2.1%

41 HSBC GIF RMB Fixed Income A Cap USD USD

-2.1%

Fund Name Currency Loss
34 Deutsche Invest II China High Income Bonds USD LC

Currency exposure is hedged

Currency exposure is hedged

USD

-4.9%

35 Nikko AM RMB Bond A USD USD

-4.9%

36 AB SICAV I-RMB Income Plus Portfolio I2 CNH USD

-4.9%

36 Eurizon MM Coll Fund Guosen RMB Fixed Income R USD

-4.9%

38 HSBC GIF RMB Fixed Income A Cap USD USD

-5.0%

Total Return

Quarterly Performance

to 31/03/2017 Annual Q1 Q2 Q3 Q4
2017 3.0%
2016 -1.9% 2.9% -1.3% 1.6% -4.9%
2015 -1.4% 1.6% 1.4% -3.0% -1.4%
2014 4.8% 0.6% 2.8% 1.4% 0.0%
2013 2.3% 0.5% -3.1% 2.5% 2.4%
2012 11.8% 3.3% 0.1% 4.3% 3.7%
2011 -2.1% 4.7%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Chile
  3. France
  4. Germany
  5. Italy
  6. Luxembourg
  7. Singapore
  8. Spain
  9. Switzerland
  10. United Kingdom

Fund Info

  • Launch date23/05/2011
  • Share Class size187Mn
  • Base currencyCNH
  • ISIN LU0633140057

Purchase Info

  • Min. initial investment5Mn
  • Min. regular additional investment0

Charges

  • Annual management0.55%

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