Aberdeen Standard OEIC ASI Global Ethical Equity Class I Acc
Report And Accounts
Simplified Prospectus / KIID
Private Investor Factsheet
Professional Investor Factsheet
Performance
Discrete performance - to last month end
| 31/03/16 to 31/03/17 |
31/03/17 to 31/03/18 |
31/03/18 to 31/03/19 |
31/03/19 to 31/03/20 |
31/03/20 to 31/03/21 |
|
|---|---|---|---|---|---|
| Fund | 31.8% | 2.0% | 6.9% | -7.3% | 40.8% |
| Sector | 28.6% | 2.7% | 9.0% | -6.0% | 40.6% |
| Rank | 70/269 | 173/285 | 188/312 | 191/332 | 186/357 |
| Quartile | 2 | 3 | 3 | 3 | 3 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/03/21 |
5 Years to 31/03/21 |
10 Years to 31/03/21 |
||
| Fund | 11.8% | 13.4% | 7.6% | |
| Sector | 12.9% | 13.7% | 9.8% | |
| Rank | 191/312 | 131/269 | 162/178 | |
| Quartile | 3 | 2 | 4 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING | 4.33 |
| MICROSOFT CORP | 4.21 |
| VISA INC | 4.06 |
| AIA GROUP LTD | 3.63 |
| ALPHABET INC | 3.35 |
| AUTODESK INC | 3.23 |
| HOUSING DEVELOPMENT FINANCE CORP | 3.10 |
| TJX COS INC | 2.82 |
| CME GROUP INC | 2.79 |
| DEUTSCHE BORSE AG | 2.74 |
| Total | 34.27 |
Fund Aims
To generate growth over the long term (5 years or more) by investing in a global equities (company shares) which meet the fund’s ethical screening criteria. Performance Target: To achieve the return of the FTSE World Index, plus 3% per annum over three years (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.
Fund Manager
Global Equity Team
Fund Overview
| Mid (09/04/2021) | 387.06p |
| Historic yield | 0.20% |
| Fund size (30/06/2020) | £143.20m |
| Number of holdings | 266 |
| Entry Charge | 0.00% |
| Ongoing Charges | 1.12% |
| Launch date | 27/05/1999 |
Asset Allocation
| International Equities | 93.03% | |
| UK Equities | 2.66% | |
| Property | 2.27% | |
| Cash and Equivalents | 0.75% | |
| International Bonds | 0.28% | |
| UK Corporate Bonds | 0.11% | |
| Alternative Trading Strategies | 0.08% | |
| Other Assets | 0.82% |
Performance comment
Global equity performance was mixed in March, as markets in the UK and Continental Europe gained on robust merger and acquisition activity, while emerging markets underperformed. Monetary policy around the world continued to be tightened: both the US Federal Reserve and European Central Bank raised interest rates by 0.25%, to 4.75% and 2.50%, respectively; while the Bank of Japan ended its five-year long policy of excess liquidity, a move seen as a precursor to a rate increase. In contrast, the Bank of England kept base rates unchanged. Global bond yields continued to rise, on increased risk aversion, and concerns over persistently strong oil prices. During the month, we exited French auto components maker, Valeo.We also invested new money by adding to the fund’s existing holdings. In terms of investment strategy, we continue to favour well-managed companies, which offer strong cashflows and high dividend yields at reasonable valuations.
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Asset Allocation
| International Equities | 93.03% | |
| UK Equities | 2.66% | |
| Property | 2.27% | |
| Cash and Equivalents | 0.75% | |
| International Bonds | 0.28% | |
| UK Corporate Bonds | 0.11% | |
| Alternative Trading Strategies | 0.08% | |
| Other Assets | 0.82% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Industrials | 22.51% | - | - | - | |
| Industrial Goods & Services | - | 21.09% | - | - | |
| Industrial Support Services | - | - | 6.12% | - | |
| Transaction Processing Services | - | - | - | 6.12% | |
| Industrial Transportation | - | - | 5.36% | - | |
| Transportation Services | - | - | - | 3.90% | |
| Railroads | - | - | - | 1.46% | |
| Industrial Engineering | - | - | 4.96% | - | |
| Machinery: Construction & Handling | - | - | - | 1.97% | |
| Machinery: Agricultural | - | - | - | 1.55% | |
| Machinery: Industrial | - | - | - | 1.44% | |
| Electronic & Electrical Equipment | - | - | 4.65% | - | |
| Electrical Components | - | - | - | 2.62% | |
| Electronic Equipment: Gauges & Meters | - | - | - | 2.03% | |
| Construction & Materials | - | 1.42% | - | - | |
| Construction & Materials | - | - | 1.42% | - | |
| Building: Climate Control | - | - | - | 1.42% | |
| Technology | 22.18% | - | - | - | |
| Technology | - | 22.18% | - | - | |
| Software & Computer Services | - | - | 15.57% | - | |
| Software | - | - | - | 12.22% | |
| Consumer Digital Services | - | - | - | 3.35% | |
| Technology Hardware & Equipment | - | - | 6.61% | - | |
| Semiconductors | - | - | - | 4.33% | |
| Production Technology Equipment | - | - | - | 2.28% | |
| Financials | 20.99% | - | - | - | |
| Financial Services | - | 12.65% | - | - | |
| Investment Banking & Brokerage Services | - | - | 8.04% | - | |
| Investment Services | - | - | - | 8.04% | |
| Finance & Credit Services | - | - | 4.61% | - | |
| Mortgage Finance | - | - | - | 3.10% | |
| Financial Data & Systems | - | - | - | 1.51% | |
| Banks | - | 4.71% | - | - | |
| Banks | - | - | 4.71% | - | |
| Banks | - | - | - | 4.71% | |
| Insurance | - | 3.63% | - | - | |
| Life Insurance | - | - | 3.63% | - | |
| Life Insurance | - | - | - | 3.63% | |
| Consumer Discretionary | 16.06% | - | - | - | |
| Retail | - | 8.00% | - | - | |
| Retailers | - | - | 8.00% | - | |
| Apparel Retailers | - | - | - | 4.83% | |
| Diversified Retailers | - | - | - | 1.73% | |
| Specialty Retailers | - | - | - | 1.44% | |
| Consumer Products & Services | - | 4.73% | - | - | |
| Consumer Services | - | - | 2.08% | - | |
| Consumer Services: Misc. | - | - | - | 2.08% | |
| Leisure Goods | - | - | 1.84% | - | |
| Recreational Products | - | - | - | 1.84% | |
| Personal Goods | - | - | 0.82% | - | |
| Clothing & Accessories | - | - | - | 0.82% | |
| Travel & Leisure | - | 1.89% | - | - | |
| Travel & Leisure | - | - | 1.89% | - | |
| Travel & Tourism | - | - | - | 1.89% | |
| Automobiles & Parts | - | 1.43% | - | - | |
| Automobiles & Parts | - | - | 1.43% | - | |
| Auto Parts | - | - | - | 1.43% | |
| Consumer Staples | 4.32% | - | - | - | |
| Food, Beverage & Tobacco | - | 2.59% | - | - | |
| Beverages | - | - | 2.59% | - | |
| Soft Drinks | - | - | - | 2.59% | |
| Personal Care, Drug & Grocery Stores | - | 1.73% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 1.73% | - | |
| Drug Retailers | - | - | - | 1.73% | |
| Real Estate | 4.18% | - | - | - | |
| Real Estate | - | 4.18% | - | - | |
| Real Estate Investment Trusts | - | - | 2.27% | - | |
| Diversified REITs | - | - | - | 2.27% | |
| Real Estate Investment & Services | - | - | 1.91% | - | |
| Real Estate Holding and Development | - | - | - | 1.91% | |
| Telecommunications | 4.16% | - | - | - | |
| Telecommunications | - | 4.16% | - | - | |
| Telecommunications Service Providers | - | - | 2.27% | - | |
| Telecommunications Services | - | - | - | 2.27% | |
| Telecommunications Equipment | - | - | 1.88% | - | |
| Telecommunications Equipment | - | - | - | 1.88% | |
| Energy | 2.12% | - | - | - | |
| Energy | - | 2.12% | - | - | |
| Non-Renewable Energy | - | - | 2.12% | - | |
| Oil: Crude Producers | - | - | - | 2.12% | |
| Health Care | 1.44% | - | - | - | |
| Health Care | - | 1.44% | - | - | |
| Medical Equipment & Services | - | - | 1.44% | - | |
| Medical Equipment | - | - | - | 1.44% | |
| Non-Classified | 0.82% | - | - | - | |
| Cash and Equivalents | 0.75% | - | - | - | |
| Bonds | 0.38% | - | - | - | |
| Alternative Trading Strategies | 0.08% | - | - | - | |
| Alternative Trading Strategies | - | 0.08% | - | - | |
| Alternative Trading Strategies | - | - | 0.08% | - | |
| Alternative Trading Strategies | - | - | - | 0.08% | |
Regional Allocation
| North America | 45.12% | |
| Developed Europe - Excl UK | 16.87% | |
| Emerging Asia | 10.82% | |
| Developed Asia | 8.17% | |
| Japan | 7.04% | |
| UK | 2.77% | |
| Australia & New Zealand | 2.29% | |
| Property | 2.27% | |
| Middle East & Africa | 1.92% | |
| Other Regions | 2.73% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 99.24% | |
| Pound Sterling | 0.38% | |
| Cash | 0.37% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 45.12% | - | |
United States
|
- | 43.00% | |
Canada
|
- | 2.12% | |
| Developed Europe - Excl UK | 16.87% | - | |
Germany
|
- | 4.18% | |
France
|
- | 2.70% | |
Netherlands
|
- | 2.31% | |
Spain
|
- | 2.01% | |
Sweden
|
- | 1.97% | |
Switzerland
|
- | 1.46% | |
Ireland
|
- | 1.42% | |
Italy
|
- | 0.82% | |
| Emerging Asia | 10.82% | - | |
Taiwan
|
- | 5.79% | |
India
|
- | 3.10% | |
Philippines
|
- | 1.91% | |
South Korea
|
- | 0.01% | |
| Developed Asia | 8.17% | - | |
Hong Kong
|
- | 5.26% | |
Singapore
|
- | 2.91% | |
| Japan | 7.04% | - | |
Japan
|
- | 7.04% | |
| UK | 2.77% | - | |
United Kingdom
|
- | 2.77% | |
| Australia & New Zealand | 2.29% | - | |
New Zealand
|
- | 2.28% | |
Australia
|
- | 0.02% | |
| Property | 2.27% | - | |
| Middle East & Africa | 1.92% | - | |
Israel
|
- | 1.88% | |
United Arab Emirates
|
- | 0.04% | |
| South & Central America | 1.07% | - | |
Brazil
|
- | 1.07% | |
| Non-Classified | 0.90% | - | |
| Cash and Equivalents | 0.75% | - | |
Breakdown By Market Cap (%)
| Mega |
|
63.25% |
| Large |
|
16.01% |
| Medium |
|
9.34% |
| Non-Classified |
|
10.26% |
| Bonds |
|
0.38% |
| Cash |
|
0.75% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR MANUFACTURING | 4.33% | Technology Hardware & Equipment | Taiwan |
| 2 | MICROSOFT CORP | 4.21% | Software & Computer Services | United States |
| 3 | VISA INC | 4.06% | Industrial Support Services | United States |
| 4 | AIA GROUP LTD | 3.63% | Life Insurance | Hong Kong |
| 5 | ALPHABET INC | 3.35% | Software & Computer Services | United States |
| 6 | AUTODESK INC | 3.23% | Software & Computer Services | United States |
| 7 | HOUSING DEVELOPMENT FINANCE CORP | 3.10% | Finance & Credit Services | India |
| 8 | TJX COS INC | 2.82% | Retailers | United States |
| 9 | CME GROUP INC | 2.79% | Investment Banking & Brokerage Services | United States |
| 10 | DEUTSCHE BORSE AG | 2.74% | Investment Banking & Brokerage Services | Germany |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 2.66% | 19.52% | - | - | - | - | - | - | 22.18% |
| Telecommunications | - | 4.16% | - | - | - | - | - | - | 4.16% |
| Financials | - | 20.99% | - | - | - | - | - | - | 20.99% |
| Real Estate | - | 1.91% | - | - | - | 2.27% | - | - | 4.18% |
| Consumer Discretionary | - | 16.06% | - | - | - | - | - | - | 16.06% |
| Consumer Staples | - | 4.32% | - | - | - | - | - | - | 4.32% |
| Energy | - | 2.12% | - | - | - | - | - | - | 2.12% |
| Health Care | - | 1.44% | - | - | - | - | - | - | 1.44% |
| Industrials | - | 22.51% | - | - | - | - | - | - | 22.51% |
| Cash and Equivalents | - | - | - | - | - | - | - | 0.75% | 0.75% |
| Bonds | - | - | 0.11% | 0.28% | - | - | - | - | 0.38% |
| Non-Classified | - | - | - | - | - | - | 0.90% | - | 0.90% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | 0683393 |
| Mex Code | MJEWFC |
| Isin Code | GB0006833932 |
| Citi Code | MJ42 |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 1.12% |
Aims and Benchmark
| Aims | To generate growth over the long term (5 years or more) by investing in a global equities (company shares) which meet the fund’s ethical screening criteria. Performance Target: To achieve the return of the FTSE World Index, plus 3% per annum over three years (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. |
| Benchmark | MSCI AC World |
| Benchmark Category | - |
| IA Sector | Global |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | OEIC |
| Launch price | £1.00 |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| Nisa allowable | Yes |
| Sipp allowable | Yes |
Distribution Details
| Income frequency | Biannually |
| Distribution Type | No income |
| Distribution Payment Basis | Gross |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 01 February | 30 April |
| 01 August | 31 October |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | Citibank |
| Fund Administrator | BNP Paribas Securities Services |
| Fund Registrar | DST Financial Services Europe |
| Fund Custodian | Citibank |
Group Details
| Group name | Aberdeen Standard OEIC |
| Group address | Aberdeen Standard Fund Managers Limited PO BOX 12233 Chelmsford CM99 2EE |
| Group telephone | 0800 33 33 53 |
| Dealing telephone | 0800 33 33 53 |
| investments_marketline@standardlife.com | |
| Homepage | www.aberdeenstandard.com |
| Fax number | 0131 525 9720 |
Dealing
| Minimum Investment | £500000 |
| Minimum Top Up | £10000 |
| Minimum Regular Saving | - |
| Settlement Period: Buy | 3 days |
| Settlement Period: Sell | 3 days |
| Pricing Basis | Forward |
| Dealing Decimals | 2 |
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | -0.81 |
| Beta | 1.04 |
| Sharpe | 0.56 |
| Standard Deviation | 14.64 |
| Info Ratio | -0.13 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | No |
| Concentrated Portfolio | No |
| Smaller Companies | No |
| High Yield Bonds | No |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | Yes |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | No |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | No |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | Yes |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Exchange Rate
This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.
Ethical Restrictions
The fund is unable to invest in certain sectors and companies due to the ethical criteria used to select investments for the fund.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
Important Information
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.