abrdn SICAV I - Europe ex UK Sustainable Equity Fund, X Acc EUR Shares/  LU1966090752  /

Fonds
NAV2024-11-15 Chg.-0.1236 Type of yield Investment Focus Investment company
13.5083EUR -0.91% reinvestment Equity Mixed Sectors abrdn Inv.(LU) 

Investment strategy

The Fund aims to achieve a combination of growth and income by investing in companies in Europe (excluding the UK), which adhere to the abrdn Europe ex UK Sustainable Equity Investment Approach (the "Investment Approach"). The Fund aims to outperform the FTSE World Europe ex UK Index (EUR) benchmark before charges. The Fund invests at least 90% of its assets in equities and equity related securities of companies listed, incorporated or domiciled in Europe (excluding United Kingdom) ), or having significant operations and/or exposure to Europe (excluding the United Kingdom). All equity and equity related securities will follow the Investment Approach. This approach utilises abrdn's equity investment process, which enables portfolio managers to qualitatively identify and focus investment in sustainable leaders and improvers. To complement this research, the abrdn ESG House Score is used to quantitatively identify and exclude those companies exposed to the highest ESG risks. Additionally, abrdn apply a set of company exclusions which are related to the UN Global Compact, Norges Bank Investment Management (NBIM), State Owned Enterprises (SOE), Weapons, Tobacco, Gambling, Thermal Coal, Oil & Gas and Electricity Generation. More detail on this overall process is captured within the Investment Approach, which is published at www.abrdn.com under "Fund Centre". The Investment Approach reduces the benchmark investable universe by a minimum of 20%. Financial derivative instruments, money-market instruments and cash may not adhere to this approach.
 

Investment goal

The Fund aims to achieve a combination of growth and income by investing in companies in Europe (excluding the UK), which adhere to the abrdn Europe ex UK Sustainable Equity Investment Approach (the "Investment Approach"). The Fund aims to outperform the FTSE World Europe ex UK Index (EUR) benchmark before charges.
 

Master data

Type of yield: reinvestment
Funds Category: Equity
Branch: Mixed Sectors
Benchmark: FTSE Europe ex UK Index (GBP)
Business year start: 10-01
Last Distribution: -
Depository bank: Citibank Europe plc Luxembourg Branch
Fund domicile: Luxembourg
Distribution permission: Austria, Germany, Switzerland, Luxembourg, Czech Republic
Fund manager: Ben Ritchie, Kurt Cruickshank, Roseanna Ivory
Fund volume: 186.71 mill.  EUR
Launch date: 2019-04-17
Investment focus: -

Conditions

Issue surcharge: 0.00%
Max. Administration Fee: 0.75%
Minimum investment: 1,000.00 EUR
Deposit fees: -
Redemption charge: 0.00%
Key Investor Information: Download (Print version)
 

Investment company

Funds company: abrdn Inv.(LU)
Address: Avenue John F Kennedy 35a, L-1855, Luxemburg
Country: Luxembourg
Internet: www.abrdn.com/de-at
 

Assets

Stocks
 
98.34%
Cash
 
1.66%

Countries

France
 
25.54%
Netherlands
 
18.72%
Switzerland
 
18.17%
Germany
 
15.02%
Denmark
 
7.98%
Sweden
 
3.44%
Norway
 
2.89%
Italy
 
2.53%
Belgium
 
2.06%
United Kingdom
 
1.99%
Cash
 
1.66%

Branches

Finance
 
21.72%
Consumer goods
 
18.79%
Industry
 
18.52%
Healthcare
 
16.93%
IT/Telecommunication
 
16.75%
Commodities
 
5.63%
Cash
 
1.66%