ACMBernstein Mortgage Income Portfolio B2X USD Acc

10.62
0.00 / 0.00%
10.40 - 10.69+0.23
NAV in USDNAV change52-week range3-yr sharpe ratio

As of market close Nov 21 2014.

Total returns on $1,000

As of Nov 21 2014.Fund performance

Objective

The investment objective of the Portfolio is to achieve a high risk-adjusted total return. The Portfolio seeks to achieve its objective by investing in mortgage-related securities and other asset-backed securities. The Portfolio may invest in securities of both Investment Grade and non-Investment Grade quality originated by a wide array of originators and sponsors. The Portfolio's investments may include fixed and floating rate securities, including agency mortgage-backed securities and non-agency (i.e., privately issued) mortgage-backed securities (“MBS”) as well as other asset-backed securities (“ABS”), commercial mortgage-backed securities (“CMBS”), and collateralized debt obligations (“CDOs”) and related financial derivative instruments and currencies. The Portfolio will have at least two-thirds of its total assets invested in mortgage-related securities.

Profile

Fund typeFCP
Income treatmentAccumulation
Morningstar categoryUSD Flexible Bond
IMA sector
Launch date01/12/1999
Price currencyUSD
DomicileLuxembourg
ISINLU0102830352
Manager & start date
John Denfeld
01/05/2010
Michael Canter
20/02/2014

Investment

Pricing frequencyDaily
Fund size
251.90m GBPAs of Oct 31 2014
Share class size
719.95k GBPAs of Oct 31 2014
Net expense ratio1.70%
Initial charge--
Annual charge1.05%
Exit charge--
Min. initial investment1,250 GBP
Min. additional investment468.00 GBP
Min. regular investment--
UK ISANo
Available for saleAustria, Bahrain, Finland, France, Germany, Hong Kong, Iceland, Luxembourg, Netherlands, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, Taiwan

Diversification

Asset type

Non-UK bond
97.85%
Other
2.15%
UK stock
0.00%
Cash
0.00%
Non-UK stock
0.00%
UK bond
0.00%

Top 5 sectors

Sector weighting data is unavailable.

Top 5 Regions

Regional weighting data is unavailable.

Sector and region weightings are calculated using only long position holdings of the portfolio.

Sector & regional holdings

Top 5 holdings

Company1 year
change
Portfolio
weight
Long
allocation
GNMA 5%--1.84%
Federal National Mortgage Association--1.82%
Cwalt Inc 2005-46cb CMO 5.5%--1.68%
Morgan Stanley Cap 2007-Top25 CMO--1.26%
Cwalt Inc 2006-19cb CMO--1.08%
As of Sep 30 2014.Top 10 holdings

The performance data shown in tables and graphs on this page is calculated in GBP of the fund/index/average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.

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