abrdn OEIC abrdn UK Ethical Equity Platform 1 Inc
Report And Accounts
Simplified Prospectus / KIID
Private Investor Factsheet
Professional Investor Factsheet
Performance
Discrete performance - to last month end
| 31/07/19 to 31/07/20 |
31/07/20 to 31/07/21 |
31/07/21 to 31/07/22 |
31/07/22 to 31/07/23 |
31/07/23 to 31/07/24 |
|
|---|---|---|---|---|---|
| Fund | -15.0% | 40.2% | -17.4% | 0.7% | 18.5% |
| Sector | -14.4% | 32.3% | -4.5% | 3.0% | 13.8% |
| Rank | 106/211 | 44/217 | 203/223 | 163/228 | 31/229 |
| Quartile | 2 | 1 | 4 | 3 | 1 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/07/24 |
5 Years to 31/07/24 |
10 Years to 31/07/24 |
||
| Fund | -0.5% | 3.3% | n/a | |
| Sector | 3.8% | 4.8% | 5.7% | |
| Rank | 173/223 | 168/211 | n/a | |
| Quartile | 4 | 4 | n/a | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| RELX | 4.51 |
| LONDON STOCK EXCHANGE GROUP | 3.78 |
| KAINOS GROUP | 3.51 |
| SSE | 3.29 |
| HARGREAVES LANSDOWN | 3.26 |
| ROYAL BANK OF SCOTLAND GROUP | 3.16 |
| TELECOM PLUS | 3.06 |
| GENUIT GROUP | 2.96 |
| SIRIUS REAL ESTATE LTD | 2.88 |
| OSB GROUP | 2.77 |
| Total | 33.17 |
Fund Aims
To generate growth over the long term (5 years or more) by investing in UK equities (company shares) which adhere to the abrdn UK Ethical Equity Investment Approach.
Performance Target: To achieve the return of the FTSE All-Share Index, plus 2% per annum over rolling five year periods (before charges). There is no certainty or promise that the Performance Target will be achieved.
The FTSE All-Share Index (the "Index") is a representative index of the UK stock market.
Fund Manager
TBC
In her role as Fund Manager for Standard Life Investments’ UK Equity team, Lesley handles the UK Media sector. In May 2004, she took over responsibility for managing the UK Ethical OEIC, the Life and Pension Ethical Funds. She also manages two cautiously managed structured funds.
Lesley worked at Bothwell Asset Management as Trainee Analyst before joining Standard Life in 1995 as Trainee Investment Analyst on the UK desk. She holds a BA (Hons) in Business Economics and Finance.
Fund Overview
| Mid (23/08/2024) | 68.92p |
| Historic yield | 2.81% |
| Fund size (31/05/2024) | £185.63m |
| Number of holdings | 52 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.89% |
| Launch date | 18/02/2015 |
Asset Allocation
| UK Equities | 91.73% | |
| Property | 4.73% | |
| Cash and Equivalents | 2.01% | |
| International Equities | 1.39% | |
| Alternative Trading Strategies | 0.15% |
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Asset Allocation
| UK Equities | 91.73% | |
| Property | 4.73% | |
| Cash and Equivalents | 2.01% | |
| International Equities | 1.39% | |
| Alternative Trading Strategies | 0.15% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Industrials | 26.68% | - | - | - | |
| Industrial Goods & Services | - | 22.03% | - | - | |
| Industrial Support Services | - | - | 8.55% | - | |
| Professional Business Support Services | - | - | - | 3.26% | |
| Industrial Suppliers | - | - | - | 2.76% | |
| Business Training & Employment Agencies | - | - | - | 2.53% | |
| General Industrials | - | - | 4.76% | - | |
| Containers & Packaging | - | - | - | 3.65% | |
| Diversified Industrials | - | - | - | 1.11% | |
| Industrial Engineering | - | - | 3.78% | - | |
| Machinery: Industrial | - | - | - | 3.78% | |
| Electronic & Electrical Equipment | - | - | 2.79% | - | |
| Electronic Equipment: Gauges & Meters | - | - | - | 2.21% | |
| Electrical Components | - | - | - | 0.58% | |
| Industrial Transportation | - | - | 2.15% | - | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 2.15% | |
| Construction & Materials | - | 4.65% | - | - | |
| Construction & Materials | - | - | 4.65% | - | |
| Building, Roofing/Wallboard & Plumbing | - | - | - | 2.96% | |
| Construction | - | - | - | 1.69% | |
| Financials | 25.77% | - | - | - | |
| Financial Services | - | 16.96% | - | - | |
| Investment Banking & Brokerage Services | - | - | 10.42% | - | |
| Asset Managers & Custodians | - | - | - | 10.42% | |
| Finance & Credit Services | - | - | 6.54% | - | |
| Financial Data & Systems | - | - | - | 3.78% | |
| Mortgage Finance | - | - | - | 2.77% | |
| Insurance | - | 4.89% | - | - | |
| Life Insurance | - | - | 3.19% | - | |
| Life Insurance | - | - | - | 3.19% | |
| Non-life Insurance | - | - | 1.70% | - | |
| Full Line Insurance | - | - | - | 1.70% | |
| Banks | - | 3.92% | - | - | |
| Banks | - | - | 3.92% | - | |
| Banks | - | - | - | 3.92% | |
| Consumer Discretionary | 20.01% | - | - | - | |
| Consumer Products & Services | - | 7.45% | - | - | |
| Consumer Services | - | - | 3.43% | - | |
| Consumer Services: Misc. | - | - | - | 2.02% | |
| Vending & Catering Service | - | - | - | 1.41% | |
| Household Goods & Home Construction | - | - | 2.49% | - | |
| Home Construction | - | - | - | 2.49% | |
| Leisure Goods | - | - | 1.53% | - | |
| Electronic Entertainment | - | - | - | 1.53% | |
| Retail | - | 4.82% | - | - | |
| Retailers | - | - | 4.82% | - | |
| Home Improvement Retailers | - | - | - | 3.47% | |
| Specialty Retailers | - | - | - | 1.35% | |
| Media | - | 4.51% | - | - | |
| Media | - | - | 4.51% | - | |
| Publishing | - | - | - | 4.51% | |
| Travel & Leisure | - | 3.24% | - | - | |
| Travel & Leisure | - | - | 3.24% | - | |
| Recreational Services | - | - | - | 2.11% | |
| Hotels & Motels | - | - | - | 1.13% | |
| Technology | 9.01% | - | - | - | |
| Technology | - | 9.01% | - | - | |
| Software & Computer Services | - | - | 9.01% | - | |
| Software | - | - | - | 5.36% | |
| Computer Services | - | - | - | 2.63% | |
| Consumer Digital Services | - | - | - | 1.03% | |
| Real Estate | 5.65% | - | - | - | |
| Real Estate | - | 5.65% | - | - | |
| Real Estate Investment Trusts | - | - | 4.73% | - | |
| Diversified REITs | - | - | - | 2.88% | |
| Industrial REITs | - | - | - | 1.85% | |
| Real Estate Investment & Services | - | - | 0.93% | - | |
| Real Estate Services | - | - | - | 0.93% | |
| Utilities | 5.65% | - | - | - | |
| Utilities | - | 5.65% | - | - | |
| Electricity | - | - | 3.29% | - | |
| Conventional Electricity | - | - | - | 3.29% | |
| Gas, Water & Multi-utilities | - | - | 2.36% | - | |
| Multi-Utilities | - | - | - | 2.36% | |
| Telecommunications | 5.07% | - | - | - | |
| Telecommunications | - | 5.07% | - | - | |
| Telecommunications Service Providers | - | - | 5.07% | - | |
| Telecommunications Services | - | - | - | 5.07% | |
| Cash and Equivalents | 2.01% | - | - | - | |
| Alternative Trading Strategies | 0.15% | - | - | - | |
| Alternative Trading Strategies | - | 0.15% | - | - | |
| Alternative Trading Strategies | - | - | 0.15% | - | |
| Alternative Trading Strategies | - | - | - | 0.15% | |
| Non-Classified | 0.00% | - | - | - | |
Regional Allocation
| UK | 91.88% | |
| Property | 4.73% | |
| Cash and Equivalents | 2.01% | |
| Developed Europe - Excl UK | 1.39% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 91.88% | - | |
United Kingdom
|
- | 91.88% | |
| Property | 4.73% | - | |
| Cash and Equivalents | 2.01% | - | |
| Developed Europe - Excl UK | 1.39% | - | |
Ireland
|
- | 1.39% | |
Breakdown By Market Cap (%)
| Mega |
|
16.69% |
| Large |
|
15.84% |
| Medium |
|
50.26% |
| Small |
|
11.89% |
| Non-Classified |
|
3.31% |
| Cash |
|
2.01% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | RELX | 4.51% | Media | United Kingdom |
| 2 | LONDON STOCK EXCHANGE GROUP | 3.78% | Finance & Credit Services | United Kingdom |
| 3 | KAINOS GROUP | 3.51% | Software & Computer Services | United Kingdom |
| 4 | SSE | 3.29% | Electricity | United Kingdom |
| 5 | HARGREAVES LANSDOWN | 3.26% | Investment Banking & Brokerage Services | United Kingdom |
| 6 | ROYAL BANK OF SCOTLAND GROUP | 3.16% | Banks | United Kingdom |
| 7 | TELECOM PLUS | 3.06% | Telecommunications Service Providers | United Kingdom |
| 8 | GENUIT GROUP | 2.96% | Construction & Materials | United Kingdom |
| 9 | SIRIUS REAL ESTATE LTD | 2.88% | Real Estate Investment Trusts | Direct Property and REITs |
| 10 | OSB GROUP | 2.77% | Finance & Credit Services | United Kingdom |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 9.01% | - | - | - | - | - | - | - | 9.01% |
| Telecommunications | 5.07% | - | - | - | - | - | - | - | 5.07% |
| Financials | 25.77% | - | - | - | - | - | - | - | 25.77% |
| Real Estate | 0.93% | - | - | - | - | 4.73% | - | - | 5.65% |
| Consumer Discretionary | 20.01% | - | - | - | - | - | - | - | 20.01% |
| Utilities | 5.65% | - | - | - | - | - | 0.15% | - | 5.80% |
| Industrials | 25.29% | 1.39% | - | - | - | - | - | - | 26.68% |
| Cash and Equivalents | - | - | - | - | - | - | - | 2.01% | 2.01% |
| Non-Classified | - | - | - | - | - | - | - | - | - |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | BVFNS39 |
| Mex Code | STAABH |
| Isin Code | GB00BVFNS394 |
| Citi Code | M3IU |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.89% |
Aims and Benchmark
| Aims | To generate growth over the long term (5 years or more) by investing in UK equities (company shares) which adhere to the abrdn UK Ethical Equity Investment Approach. Performance Target: To achieve the return of the FTSE All-Share Index, plus 2% per annum over rolling five year periods (before charges). There is no certainty or promise that the Performance Target will be achieved. The FTSE All-Share Index (the "Index") is a representative index of the UK stock market. |
| Benchmark | FTSE All Share |
| Benchmark Category | - |
| IA Sector | UK All Companies |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | OEIC |
| Launch price | £0.50 |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Annually |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 01 March | 30 April |
Ratings
| FE Crown |  |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | Citibank |
| Fund Administrator | Citibank |
| Fund Registrar | SS&C Financial Services Europe Limited |
| Fund Custodian | Citibank |
Group Details
| Group name | abrdn OEIC |
| Group address | Aberdeen Standard Fund Managers Limited PO BOX 12233 Chelmsford CM99 2EE |
| Group telephone | 0800 33 33 53 |
| Dealing telephone | 0800 33 33 53 |
| investments_marketline@standardlife.com | |
| Homepage | www.aberdeenstandard.com |
| Fax number | 0131 525 9720 |
Dealing
| Minimum Investment | £2000000 |
| Minimum Top Up | £50000 |
| Minimum Regular Saving | - |
| Settlement Period: Buy | 3 days |
| Settlement Period: Sell | 3 days |
| Pricing Basis | Forward |
| Dealing Decimals | 3 |
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | -5.30 |
| Beta | 1.40 |
| Sharpe | -0.01 |
| Standard Deviation | 17.81 |
| Info Ratio | -0.61 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | No |
| Concentrated Portfolio | No |
| Smaller Companies | No |
| High Yield Bonds | No |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | No |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | No |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | No |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | Yes |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Ethical Restrictions
The fund is unable to invest in certain sectors and companies due to the ethical criteria used to select investments for the fund.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
Important Information
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.