abrdn OEIC abrdn Global Sustainable and Responsible Investment Equity Class I Inc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 31/05/20 to 31/05/21 |
31/05/21 to 31/05/22 |
31/05/22 to 31/05/23 |
31/05/23 to 31/05/24 |
31/05/24 to 31/05/25 |
|
|---|---|---|---|---|---|
| Fund | 24.5% | -5.0% | 5.5% | 11.6% | -4.4% |
| Sector | 24.6% | 0.0% | 2.4% | 15.5% | 4.0% |
| Rank | 240/412 | 288/447 | 99/488 | 412/511 | 501/538 |
| Quartile | 3 | 3 | 1 | 4 | 4 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/05/25 |
5 Years to 31/05/25 |
10 Years to 31/05/25 |
||
| Fund | 4.0% | 5.9% | 6.4% | |
| Sector | 7.1% | 8.9% | 8.7% | |
| Rank | 403/487 | 358/413 | 211/254 | |
| Quartile | 4 | 4 | 4 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| MICROSOFT CORP | 4.99 |
| L'OREAL | 4.05 |
| DBS GROUP HOLDINGS LTD | 3.57 |
| NVIDIA CORP | 3.31 |
| MASTERCARD INCORPORATED | 3.00 |
| PROCTER & GAMBLE COMPANY(THE) | 2.87 |
| HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED | 2.87 |
| AIA GROUP LIMITED | 2.82 |
| UNITEDHEALTH GROUP INCORPORATED | 2.78 |
| CRODA INTERNATIONAL | 2.58 |
| Total | 32.84 |
Fund Aims
To generate growth over the long term (5 years or more) by investing in global equities (company shares) that manage adverse environmental impacts and promote societal welfare in one or more of the four thematic areas of - climate change, the environment, labour management, and human rights & stakeholders, through their business operations OR their products and services. To align with this sustainability objective companies must demonstrate they are positively addressing one or more of the thematic areas, assessed against either the: (i) revenue from or investment budget directed to, products and services that contribute to: - climate change - through renewable energy, or sustainable real estate and infrastructure development; or - environment - through circular economy practices, sustainable food & agriculture, or access to water & sanitation; or - labour management - through educational and employment initiatives; or - human rights & stakeholders - through health and social care, or financial inclusions; or (ii) sustainability of business operations in accordance with the abrdn Operational Sustainability Score. This score takes into account a variety of data inputs related to the four thematic areas of climate change, environment, labour management, and human rights & stakeholders to identify companies that are addressing adverse environmental impacts and promoting societal welfare. Performance Target: To achieve a return in excess of the MSCI AC World Index over rolling five-year periods (after charges). The Performance Target is the level of performance that the management team hopes to achieve for the fund. There is no certainty or promise that the Performance Target will be achieved. Applying sustainability criteria in the investment process may result in the exclusion of securities within the fund's universe of potential investments and therefore may have a bearing on the fund's return profile. The MSCI AC World Index (the "Index") is a representative index of world stock markets.
Fund Manager
Global Equity Team
Fund Overview
| Mid (13/06/2025) | 287.03p |
| Historic yield | 0.26% |
| Fund size (30/04/2023) | £145.46m |
| Number of holdings | 47 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.84% |
| Launch date | 01/05/1999 |
Asset Allocation
| International Equities | 90.67% | |
| UK Equities | 6.54% | |
| Property | 2.02% | |
| Cash and Equivalents | 0.77% |
Commentary
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 investment can go down as well as up so you might get back less than you put in.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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 | 90.67% | |
| UK Equities | 6.54% | |
| Property | 2.02% | |
| Cash and Equivalents | 0.77% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Industrials | 20.61% | - | - | - | |
| Industrial Goods & Services | - | 17.51% | - | - | |
| Industrial Support Services | - | - | 4.91% | - | |
| Transaction Processing Services | - | - | - | 3.00% | |
| Professional Business Support Services | - | - | - | 1.91% | |
| Electronic & Electrical Equipment | - | - | 4.49% | - | |
| Electrical Components | - | - | - | 2.34% | |
| Electronic Equipment: Control & Filter | - | - | - | 2.15% | |
| Industrial Engineering | - | - | 4.02% | - | |
| Machinery: Construction & Handling | - | - | - | 2.20% | |
| Machinery: Industrial | - | - | - | 1.82% | |
| Industrial Transportation | - | - | 2.32% | - | |
| Railroads | - | - | - | 2.32% | |
| General Industrials | - | - | 1.77% | - | |
| Containers & Packaging | - | - | - | 1.77% | |
| Construction & Materials | - | 3.09% | - | - | |
| Construction & Materials | - | - | 3.09% | - | |
| Engineering & Contracting Services | - | - | - | 2.23% | |
| Construction | - | - | - | 0.86% | |
| Financials | 17.98% | - | - | - | |
| Insurance | - | 9.40% | - | - | |
| Non-life Insurance | - | - | 6.57% | - | |
| Full Line Insurance | - | - | - | 4.86% | |
| Insurance Brokers | - | - | - | 1.71% | |
| Life Insurance | - | - | 2.82% | - | |
| Life Insurance | - | - | - | 2.82% | |
| Banks | - | 5.82% | - | - | |
| Banks | - | - | 5.82% | - | |
| Banks | - | - | - | 5.82% | |
| Financial Services | - | 2.76% | - | - | |
| Investment Banking & Brokerage Services | - | - | 2.76% | - | |
| Investment Services | - | - | - | 1.61% | |
| Asset Managers & Custodians | - | - | - | 1.15% | |
| Health Care | 13.47% | - | - | - | |
| Health Care | - | 13.47% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 6.80% | - | |
| Pharmaceuticals | - | - | - | 6.16% | |
| Biotechnology | - | - | - | 0.64% | |
| Medical Equipment & Services | - | - | 3.89% | - | |
| Medical Equipment | - | - | - | 3.89% | |
| Health Care Providers | - | - | 2.78% | - | |
| Health Care Management Services | - | - | - | 2.78% | |
| Technology | 13.43% | - | - | - | |
| Technology | - | 13.43% | - | - | |
| Technology Hardware & Equipment | - | - | 6.97% | - | |
| Semiconductors | - | - | - | 4.85% | |
| Production Technology Equipment | - | - | - | 2.11% | |
| Software & Computer Services | - | - | 6.47% | - | |
| Software | - | - | - | 6.47% | |
| Consumer Discretionary | 13.09% | - | - | - | |
| Consumer Products & Services | - | 10.61% | - | - | |
| Personal Goods | - | - | 8.48% | - | |
| Clothing & Accessories | - | - | - | 4.43% | |
| Cosmetics | - | - | - | 4.05% | |
| Leisure Goods | - | - | 2.13% | - | |
| Consumer Electronics | - | - | - | 2.13% | |
| Retail | - | 2.48% | - | - | |
| Retailers | - | - | 2.48% | - | |
| Apparel Retailers | - | - | - | 2.48% | |
| Consumer Staples | 11.70% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 6.41% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 6.41% | - | |
| Personal Products | - | - | - | 2.87% | |
| Food Retailers & Wholesalers | - | - | - | 1.99% | |
| Drug Retailers | - | - | - | 1.55% | |
| Food, Beverage & Tobacco | - | 5.29% | - | - | |
| Food Producers | - | - | 5.29% | - | |
| Food Products | - | - | - | 5.29% | |
| Utilities | 2.61% | - | - | - | |
| Utilities | - | 2.61% | - | - | |
| Electricity | - | - | 2.61% | - | |
| Conventional Electricity | - | - | - | 1.49% | |
| Alternative Electricity | - | - | - | 1.12% | |
| Basic Materials | 2.58% | - | - | - | |
| Chemicals | - | 2.58% | - | - | |
| Chemicals | - | - | 2.58% | - | |
| Chemicals: Diversified | - | - | - | 2.58% | |
| Real Estate | 2.02% | - | - | - | |
| Real Estate | - | 2.02% | - | - | |
| Real Estate Investment Trusts | - | - | 2.02% | - | |
| Industrial REITs | - | - | - | 2.02% | |
| Non-Classified | 1.74% | - | - | - | |
| Cash and Equivalents | 0.77% | - | - | - | |
Regional Allocation
| North America | 40.91% | |
| Developed Europe - Excl UK | 25.68% | |
| UK | 6.54% | |
| Developed Asia | 6.39% | |
| Emerging Asia | 5.76% | |
| Japan | 4.35% | |
| Australia & New Zealand | 4.03% | |
| Property | 2.02% | |
| Emerging Europe | 1.99% | |
| Other Regions | 2.32% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 99.24% | |
| Cash | 0.38% | |
| Pound Sterling | 0.38% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 40.91% | - | |
United States
|
- | 39.76% | |
Canada
|
- | 1.15% | |
| Developed Europe - Excl UK | 25.68% | - | |
France
|
- | 8.26% | |
Ireland
|
- | 5.81% | |
Switzerland
|
- | 4.19% | |
Denmark
|
- | 3.12% | |
Sweden
|
- | 2.20% | |
Netherlands
|
- | 2.11% | |
| UK | 6.54% | - | |
United Kingdom
|
- | 6.54% | |
| Developed Asia | 6.39% | - | |
Singapore
|
- | 3.57% | |
Hong Kong
|
- | 2.82% | |
| Emerging Asia | 5.76% | - | |
India
|
- | 2.87% | |
Indonesia
|
- | 2.25% | |
China
|
- | 0.64% | |
| Japan | 4.35% | - | |
Japan
|
- | 4.35% | |
| Australia & New Zealand | 4.03% | - | |
Australia
|
- | 4.03% | |
| Property | 2.02% | - | |
| Emerging Europe | 1.99% | - | |
Poland
|
- | 1.99% | |
| Middle East & Africa | 1.55% | - | |
South Africa
|
- | 1.55% | |
| Cash and Equivalents | 0.77% | - | |
Breakdown By Market Cap (%)
| Mega |
|
65.84% |
| Large |
|
15.53% |
| Medium |
|
10.74% |
| Non-Classified |
|
7.12% |
| Cash |
|
0.77% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | MICROSOFT CORP | 4.99% | Software & Computer Services | United States |
| 2 | L'OREAL | 4.05% | Personal Goods | France |
| 3 | DBS GROUP HOLDINGS LTD | 3.57% | Banks | Singapore |
| 4 | NVIDIA CORP | 3.31% | Technology Hardware & Equipment | United States |
| 5 | MASTERCARD INCORPORATED | 3.00% | Industrial Support Services | United States |
| 6 | PROCTER & GAMBLE COMPANY(THE) | 2.87% | Personal Care, Drug & Grocery Stores | United States |
| 7 | HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED | 2.87% | Non-life Insurance | India |
| 8 | AIA GROUP LIMITED | 2.82% | Life Insurance | Hong Kong |
| 9 | UNITEDHEALTH GROUP INCORPORATED | 2.78% | Health Care Providers | United States |
| 10 | CRODA INTERNATIONAL | 2.58% | Chemicals | United Kingdom |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 13.43% | - | - | - | - | - | - | 13.43% |
| Financials | - | 17.98% | - | - | - | - | - | - | 17.98% |
| Real Estate | - | - | - | - | - | 2.02% | - | - | 2.02% |
| Consumer Discretionary | - | 13.09% | - | - | - | - | - | - | 13.09% |
| Consumer Staples | - | 11.70% | - | - | - | - | - | - | 11.70% |
| Utilities | - | 2.61% | - | - | - | - | - | - | 2.61% |
| Health Care | 2.14% | 11.34% | - | - | - | - | - | - | 13.47% |
| Industrials | 1.82% | 18.78% | - | - | - | - | - | - | 20.61% |
| Basic Materials | 2.58% | - | - | - | - | - | - | - | 2.58% |
| Cash and Equivalents | - | - | - | - | - | - | - | 0.77% | 0.77% |
| Non-Classified | - | 1.74% | - | - | - | - | - | - | 1.74% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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 | 0683382 |
| Mex Code | MJEWFI |
| Isin Code | GB0006833825 |
| Citi Code | MJ43 |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.84% |
Aims and Benchmark
| Aims | To generate growth over the long term (5 years or more) by investing in global equities (company shares) that manage adverse environmental impacts and promote societal welfare in one or more of the four thematic areas of - climate change, the environment, labour management, and human rights & stakeholders, through their business operations OR their products and services. To align with this sustainability objective companies must demonstrate they are positively addressing one or more of the thematic areas, assessed against either the: (i) revenue from or investment budget directed to, products and services that contribute to: - climate change - through renewable energy, or sustainable real estate and infrastructure development; or - environment - through circular economy practices, sustainable food & agriculture, or access to water & sanitation; or - labour management - through educational and employment initiatives; or - human rights & stakeholders - through health and social care, or financial inclusions; or (ii) sustainability of business operations in accordance with the abrdn Operational Sustainability Score. This score takes into account a variety of data inputs related to the four thematic areas of climate change, environment, labour management, and human rights & stakeholders to identify companies that are addressing adverse environmental impacts and promoting societal welfare. Performance Target: To achieve a return in excess of the MSCI AC World Index over rolling five-year periods (after charges). The Performance Target is the level of performance that the management team hopes to achieve for the fund. There is no certainty or promise that the Performance Target will be achieved. Applying sustainability criteria in the investment process may result in the exclusion of securities within the fund's universe of potential investments and therefore may have a bearing on the fund's return profile. The MSCI AC World Index (the "Index") is a representative index of world stock markets. |
| Benchmark | MSCI AC World Index |
| 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 |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Biannually |
| Distribution Type | Dividend |
| Distribution Payment Basis | Gross |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 01 February | 30 April |
| 01 August | 31 October |
Ratings
| FE Crown |  |
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 | Citibank |
| Fund Registrar | SS&C Financial Services Europe Limited |
| Fund Custodian | Citibank |
Group Details
| Group name | abrdn 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 information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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 investment can go down as well as up so you might get back less than you put in.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.