abrdn Emerging Markets Equity Fund A Acc

Overview

Fund classes:
abrdn Emerging Markets Equity Fund A Acc
779.12p Price
8.65p
1.12%
Today's Change
ISIN GB0033228197
Share Class Accumulation
Ongoing Charge 1.32%
Annual Management Charge 1.2%

Investment Objective To generate growth over the long term (5 years or more) by investing in emerging markets equities (company shares). Performance Target: To achieve the return of the MSCI Emerging Markets Index, plus 3% per annum over three rolling year periods (before charges). There is no certainty or promise that the Performance Target will be achieved. The MSCI Emerging Markets Index (the "Index") is a representative index of the collective stock markets across Emerging Markets. Investment Policy Portfolio Securities - The fund invests at least 70% in Emerging Markets equities. - Emerging Markets include Asian, Eastern European, Middle Eastern, African and Latin American countries or any country included within the Index. - 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 maintain a diverse asset mix at country, sector and company level. - Their primary focus is on selecting companies using research techniques to select individual holdings. The research process is focused on finding attractive high quality companies that can be held for the long term through the assessment of their business, the industry they operate in, their financial strength and the capability of their management team. - Due to the active nature of the management process, the fund's performance profile may deviate significantly from that of the Index over the long term. Derivatives and Techniques - Derivatives are linked to the value of other assets. In other words, they derive their price from one or more underlying asset. - Derivative usage in the fund is expected to be very limited. Where derivatives are used, this would mainly be in response to significant inflows into the fund so that in these instances, cash can be invested while maintaining the fund's existing allocations to equities. 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.

Performance

Price and Net Asset Value breakdown

Midprice 779.12p
Change on Day 8.65p
Change on Day % 1.12%
52 week high 8.16p
52 week low 6.78p
Fund currency GBX
Date updated 22 November 2024

Fund details

Fund Type Open Ended Investment Company
Unit Type Accumulation
Standard initial Charge undefined 2.00
Annual Management Charge 1.2%
Dividend Frequency Annually
Latest Distribution Info 0.0874p
01 August 2024

Fund manager information

Fund Manager Company abrdn

Fund manager biographies

Name Devan Kaloo
Since 01 February 2001
Bio Devan Kaloo is Head of Global Emerging Markets Equities for abrdn, taking up that position in 2005. He is also Global Head of Equities for the group. Devan joined the company in 2000 as part of the Asian equities team in Singapore, before later transferring to London. He started in fund management with Martin Currie in 1994 covering Latin America, before subsequently working with the North American equities, global asset allocation and eventually the Asian equities teams.
Name Kristy Fong
Since 02 August 2004
Bio Kristy Fong is a Senior Investment Director on the Asian equities team. Kristy joined the company in 2004 from UOB KayHian Pte Ltd where she was an Analyst. Kristy graduated with a BA (Hons) in Accountancy from Nanyang Technological University, Singapore and is a CFA charterholder. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
Name Nick Robinson
Since 01 December 2000
Bio Nick Robinson is a Senior Investment Director on the Global Emerging Markets Equity team at abrdn. Nick joined the company in 2000 and spent eight years on the North American Equities team, including three years based in the US offices. In 2008 he joined the Global Emerging Markets Equity team. Nick relocated to São Paulo in 2009 to start Aberdeen’s operations in Brazil. In 2016 he returned to London. Nick graduated with an MSc in Chemistry from Lincoln College, Oxford and is a CFA charterholder.
Name Xin-Yao Ng
Since 01 November 2018
Bio Ng Xin-Yao is an Investment Manager on the Asian equities team. Xin-Yao joined the company in 2018 from Allard Partners where he was based in Hong Kong as an Investment Analyst specialising in Greater China equities. Previously, Xin-Yao worked for Central Provident Fund Board in Singapore as a Portfolio Manager. Prior to that, Xin-Yao worked for BNP Paribas in private banking compliance. Xin-Yao graduated with a BSc in Business from Nanyang Technological University, MBA from Fudan University, and is a CFA Charterholder. CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Name Joanne Irvine
Since 01 January 1996
Bio Joanne Irvine is Head ofEmerging Markets (ex-Asia) on the Global Emerging Markets Equity Team of Aberdeen Standard Investments. Ms. Irvine joined Legacy Aberdeen in 1996 in a group development role and moved to the Global Emerging Markets Equity Team in 1997. Prior to joining Legacy Aberdeen, Ms. Irvine was with Rutherford Manson Dowds (subsequently acquired by Deloitte), specializing in raising private equity and bank funding for private companies. Joanne has a BA in Accounting from Caledonian University and qualified as a Chartered Accountant with Hardie Caldwell LLP in Glasgow, Scotland.
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