abrdn Ex-20 Australian Equities Fund
About this Fund
|FUND MANAGER||abrdn Australia|
|ASSET CLASS||AUSTRALIAN EQUITIES|
|INVESTMENT STYLE||The Fund invests in a concentrated portfolio of companies that are primarily listed on the ASX, excluding the largest 20 securities by market capitalisation in the S&P/ASX 300 Accumulation Index.|
|INVESTMENT PROFILE||The Fund aims to outperform the Benchmark, after fees, over rolling three year periods.|
|BENCHMARK||S&P/ASX 300 ex S&P/ASX 20 Index|
|FUND SIZE||S&P/ASX 300 ex S&P/ASX 20 Index|
|NO. OF HOLDINGS||20-60|
|FEES||0.95% p.a. of the NAV of the Fund|
Benefits of investing in the abrdn Ex-20 Australian Equities Fund
Investing in the Fund offers a number of benefits, including:
Mainly direct and indirect investors seeking long term capital growth with some income through investment in Australian equity securities.
About the Fund
The abrdn Ex-20 Australian Equities Fund is a high conviction actively managed Australian equity portfolio built using a bottom-up approach with little reference to a benchmark.
Utilising abrdn's proven equity investment philosophy and approach, that is replicated and consistent across all equity investment desks, we seek to identify quality companies trading at reasonable valuations through our own first hand research.
The normal characteristics of the Fund include:
How we invest your money
Our equity managers seek to identify and invest in good quality Australian listed securities through first hand company visits.
Quality is chiefly an evaluation of a company's management, balance sheet and business model.
Only those companies which pass our rigorous quality screen are assessed for value. We see risk in terms of investing in a poor quality company, or overpaying for a good one, and do not view risk in benchmark relative terms.
We therefore downplay benchmarks in portfolio construction since these provide little indication of future performance. We are comfortable not holding companies if they do not satisfy our disciplined quality and valuation criteria, regardless of their benchmark weight.
Mix of asset classes*
The Fund is generally fully invested in Australian equity securities.
*These are indicative asset allocation ranges for the Fund. If market movements, investments into or withdrawals from the Fund, or changes in the nature of an investment, or a change in the fund investment strategy, cause the Fund to move outside these indicative ranges, or a limit set out in the PDS, this will be addressed by us as soon as reasonably practicable.