abrdn (SLI) Corporate Bond Fund Institutional Accumulation

Investment Objective To generate income and some growth over the long term (5 years or more) by investing in Sterling-denominated investment grade corporate bonds. Performance Target: To exceed the Investment Association Sterling Corporate bond Sector Average return (after charges) over 1 year and be top quartile over rolling three year periods. There is no certainty or promise that the Performance Target will be achieved. The Investment Association Sterling Corporate Bond Sector (the "Sector") is a representative group of investment funds with a focus on sterling denominated investment grade bonds issued by companies. Investment Policy Portfolio Securities - The fund will invest at least 60% in Sterling denominated investment grade corporate bonds (which are like loans to companies that pay interest and are typically regarded as having a low default risk). - The fund may also invest in other bonds (including those issued by governments and government-related bodies)issued anywhere in the world, including high yield bonds (which are like loans to companies or governments that pay a high rate of interest but have a lower credit rating than investment grade bonds). The fund will employ techniques to reduce (hedge) risk related to currency movements on non-sterling bonds. - The fund may also invest in other funds (including those managed by abrdn), cash and assets that can be turned into cash quickly. Management Process - The management team use their discretion (active management) to identify investments based on analysis of global economics along with analysis of an investment's prospects and creditworthiness (debt repayment ability) compared to that of the market. - Due to the active nature of the management process, the fund's profile may deviate significantly from Markit iBoxx Sterling Collateralized & Corporates Index (which is a representative index of the market for sterling denominated investment grade bonds issued by companies) over the long term. Please note: The Fund's ability to buy and sell bonds and the associated costs can be affected during periods of market stress which could include periods where interest rates move sharply. Derivatives and Techniques - The fund will make routine use of derivatives to reduce risk, reduce cost and/ or generate extra income or growth consistent with the risk profile of the fund. - Derivatives are linked to the value of other assets. In other words, they derive their price from one or more underlying asset. They can generate returns when the value of these underlying assets rise (long positions) or fall (short positions). -Derivatives include instruments used to manage expected changes in interest rates, inflation, currencies or creditworthiness of corporations or governments. Investors in the fund may buy and sell shares on any dealing day (as defined in the Prospectus). If you invest in income shares, income from investments in the fund will be paid out to you. If you invest in accumulation shares, income will be added to the value of your shares. Recommendation: the fund may not be appropriate for investors who plan to withdraw their money within five years. Investors should satisfy themselves that their attitude to risk aligns with the risk profile of this fund before investing.