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ASI Short Duration Credit Fund Platform 1 Accumulation

  • Fund Info & charges
  • Performance
  • Fund breakdown
  • Dividend History
Fund Provider Aberdeen Standard Fund Managers Limited
Fund Summary To generate income and some growth over the short term (1 to 3 years) by investing in Sterling-denominated corporate bonds.Performance Target: To achieve the return of the Bloomberg Barclays Sterling Corporate and Collateralised Index (Hedged to 2 year duration) plus 1% per annum (before charges). The Performance Target is the level of performance that the management team hopes to achieve for the fund. There is however no certainty or promise that they will achieve the Performance Target.The ACD believes this is an appropriate target for the fund based on the investment policy of the fund and the constituents of the index.
SEDOL code B7F7XT4
ISIN GB00B7F7XT42
Fund code SLSIT
Managers Daniel Mckernan
Manager Tenure 7 years
Morningstar Category GBP Corporate Bond
IMA Sector £ Corporate Bond
Fund Size £47 million
Fund Type OEIC
Management Style Active
Ongoing Charge Figure (OCF) 0.66%
Cavendish ongoing charge 0.05%
FundsNetwork Service Fee 0.20%
Minimum Initial Investment £25
Minimum Top Up £25
Minimum Monthly Investment £25
Sell Price £0.6833
Buy Price £0.6833
Price Change +0.0293%
Price Date 23rd September 2020
Yield 1.30%
Dividend Frequency Quarterly
ISA Eligible Yes
SIPP Eligible Yes
Inception Date 17th December 2012
Fund Status OPEN
Daniel McKernan, Director and portfolio manager, is a member of BlackRock's Fixed Income Portfolio Management Group. His primary responsibility is managing sterling corporate bond portfolios with a sector emphasis on structured finance and industrials. Mr. McKernan's service with the firm dates back to 2005, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, Mr. McKernan was a portfolio manager specializing in the management of sterling credit portfolios. Prior to joining MLIM, Mr. McKernan worked for Aegon in Edinburgh as the head of credit and as a credit portfolio manager at Britannia Asset Management and Norwich Union. Mr. McKernan earned a BSc degree, with honours, in banking and international finance from City University, London in 1990.

3-year Mean Monthly Return: 0.188%

Annual Returns 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund Performance +1.68% +2.70% +0.79% +6.36% +0.40% -0.12% +8.37% +8.83% +4.27% +5.47%
Benchmark Performance
(GBP Corporate Bond)
+5.92% +5.60% +0.41% +6.82% +6.49%
Time Period Cumulative Benchmark Performance
(GBP Corporate Bond)
Fund Compared to Benchmark
1 day 0.03% +4.41% -4.38%
1 week -0.25% +0.22% -0.47%
1 month -0.07% +1.89% -1.97%
3 months 2.08% +11.61% -9.53%
6 months 9.77% +4.29% +5.48%
1 year 2.26% +4.44% -2.18%
3 years 2.27% +5.29% -3.02%
5 years 2.81% +5.70% -2.89%
10 years 3.51% +5.00% -1.49%
YTD 0.89% -0.08% +0.96%
Since inception 3.82% Currently unavailable Currently unavailable

Top 10 shares for this fund

Share Name Country Value
SLI Total Return Credit Z Acc GBP LUX 6.05%
Thames Water Utilities Finance PLC 3.5% GBR 1.70%
E.ON International Finance B.V. 6.38% DEU 1.32%
Deutsche Bank AG 2.62% DEU 1.27%
Heathrow Funding Limited 6.75% GBR 1.23%
Vodafone Group plc 3.38% GBR 1.22%
AT&T Inc 4.88% USA 1.21%
Digital Stout Holding LLC 3.3% USA 1.21%
Tesco Property Finance 3 Plc 5.74% GBR 1.13%
Virgin Money UK PLC 7.88% GBR 1.07%
Dividend Date Per share amount Reinvestment Price
1st September 2020 0.0091 £0.6835
1st June 2020 0.0021 £0.6603
2nd March 2020 0.0034 £0.6793
2nd December 2019 0.0027 £0.6724
2nd September 2019 0.0045 £0.6658
3rd June 2019 0.0030 £0.6527