abrdn Dynamic Distribution Fund Institutional Regulated Accumulation

Fund objective

Investment Objective To generate income and some growth over the long term (5 years or more) by investing in a diversified range of abrdn funds. Performance Target: To exceed the IA Mixed Investment 20-60% Shares Sector Average return over one year (after charges) and to be top quartile over rolling three year periods. 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 fund targets a yield in excess of the income that would be delivered by a representative basket of assets (composed of 22.5% UK Equities (FTSE All-Share Index), 22.5% Global Equities (MSCI World ex UK) and 55% Sterling Bonds (ICE Bank of America Merrill Lynch Non-Gilts All Maturities). Investment Policy Portfolio Securities - The fund will invest at least 80% in actively managed abrdn funds to obtain broad exposure to a range of diversified investments. - It may invest up to 20% in passively managed funds (including those managed by abrdn) - At least 30% of the fund will be invested in bonds (loans to a company or government) and cash or money market instruments. - At least in 50% of the fund will be in sterling denominated assets, or in assets for which the impact of currency movements is mitigated (hedged). - The rest of the fund will be invested in a selection of other funds investing in assets classes such as equities (company shares) commercial property and funds that can use a combination of traditional assets (such as equities and bonds) and investment strategies based on derivatives. Management Process - The management team use their discretion (active management) to select funds within each asset class and ensure that the strategic asset allocation (long term proportions in each asset class) meets the fund's objectives. - In addition, they will take tactical asset allocations (changing short term proportions in each asset class) with the aim of improving returns. - The fund will be subject to constraints which are intended to manage risk such as the fund must not hold more than 60% of its assets in equities. Due to the active nature of the management process, the fund's performance profile may deviate significantly from the IA's Mixed Investment 20-60% Shares Sector Average. Derivatives and Techniques - The fund is not expected to invest in derivatives directly however it may invest in other funds which use derivatives more extensively. 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