To generate income and some growth over the long term (5 years or more) by investing all or substantially all of its capital in the abrdn UK Real Estate Fund. To the extent the fund is not fully invested it will hold its remaining assets in money-market instruments including cash.
The returns of this fund are not expected to be materially different than the returns of abrdn UK Real Estate Fund.
The objective of the abrdn UK Real Estate Fund is to generate income and some growth over the long term (5 years or more) by investing in UK commercial property. It is intended that the fund will be a PAIF at all times and, as such, its investment objective is to carry on property investment business and to manage cash raised for investment in the property investment business.
Performance Target of abrdn UK Real Estate Fund: To exceed the return of the Investment Association UK Direct Property Sector Average return (after charges) over rolling three year periods. There is no certainty or promise the Performance Target will be achieved.
The Investment Association UK Direct Property Sector (the "Sector") is a representative group of investment funds with a focus on direct property located in the UK.
The investment policy of the abrdn UK Real Estate Fund is as follows:
Fund Manager
George Shawmanager
for
8 years
and 5 months
George joined Ignis Asset Management in December 2005 and is responsible for the Ignis UK Property Fund. Before Ignis he was a property investment manager at Abbey National Asset Managers from 2002, having been an Associate Director at Lambert Smith Hampton from 1996. He started his career with Weatherall Green & Smith, where he spent six years in Edinburgh and Paris progressing to a senior surveyor. George graduated from Heriot-Watt University in 1990 with a BSc in Estate Management and is a Member of the Royal Institution of Chartered Surveyors.
Fund Overview
Mid (30/08/2024)
49.91p
Historic yield
4.41%
Fund size (31/05/2024)
£614.31m
Number of holdings
1
Entry Charge
0.00%
Ongoing Charges
0.88%
Launch date
18/03/2016
Asset Allocation
Cash and Equivalents
14.54%
Other Assets
85.46%
Portfolio data accurate as at: 31/05/24
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 investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.
Portfolio data accurate as at:
Asset Allocation
Cash and Equivalents
14.54%
Other Assets
85.46%
Equity Sector Breakdown
Expand allCollapse all
Industry
Supersector
Sector
Subsector
Non-Classified
85.46%
-
-
-
Cash and Equivalents
14.54%
-
-
-
Regional Allocation
Non-Classified
85.46%
Cash and Equivalents
14.54%
Regional Breakdown
Expand allCollapse all
Region
Country
Non-Classified
85.46%
-
Cash and Equivalents
14.54%
-
Holdings
Stock
% Weight
Sector
Country
1
SLI UK Real Estate
85.46%
Non-Classified
Non-Classified
Dual Aspect Equity Analysis
UK Equities
Int'l Equities
UK Bonds
Int'l Bonds
UK Gilts
Property
Other
Cash & Equiv
Total
Cash and Equivalents
-
-
-
-
-
-
-
14.54%
14.54%
Non-Classified
-
-
-
-
-
-
85.46%
-
85.46%
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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
BYPHPD1
Mex Code
STXXV
Isin Code
GB00BYPHPD12
Citi Code
MYAQ
Fund Charges
Entry Charge
0.00%
Ongoing Charges
0.88%
Aims and Benchmark
Aims
To generate income and some growth over the long term (5 years or more) by investing all or substantially all of its capital in the abrdn UK Real Estate Fund. To the extent the fund is not fully invested it will hold its remaining assets in money-market instruments including cash.
The returns of this fund are not expected to be materially different than the returns of abrdn UK Real Estate Fund.
The objective of the abrdn UK Real Estate Fund is to generate income and some growth over the long term (5 years or more) by investing in UK commercial property. It is intended that the fund will be a PAIF at all times and, as such, its investment objective is to carry on property investment business and to manage cash raised for investment in the property investment business.
Performance Target of abrdn UK Real Estate Fund: To exceed the return of the Investment Association UK Direct Property Sector Average return (after charges) over rolling three year periods. There is no certainty or promise the Performance Target will be achieved.
The Investment Association UK Direct Property Sector (the "Sector") is a representative group of investment funds with a focus on direct property located in the UK.
The investment policy of the abrdn UK Real Estate Fund is as follows:
Benchmark
IA UK Direct Property Sector Average
Benchmark Category
-
IA Sector
UK Direct Property
Fund Background
Valuation frequency
Daily
Valuation point
12:00
Fund type
Unit Trust
Launch price
£1.00
Fund currency
Pound Sterling
Fund domicile
United Kingdom
ISA allowable
Yes
SIPP allowable
Yes
Distribution Details
Income frequency
Monthly
Distribution Type
Dividend
Distribution Payment Basis
Net
Distribution Dates
Ex dividend date(s)
Income payment date(s)
02 January
15 February
01 February
28 February
01 March
31 March
01 April
30 April
01 May
31 May
01 June
30 June
01 July
31 July
01 August
31 August
01 September
30 September
01 October
31 October
01 November
30 November
01 December
31 December
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
Email
investments_marketline@standardlife.com
Homepage
www.aberdeenstandard.com
Fax number
0131 525 9720
Dealing
Minimum Investment
-
Minimum Top Up
-
Minimum Regular Saving
-
Settlement Period: Buy
3 days
Settlement Period: Sell
3 days
Pricing Basis
Forward
Dealing Decimals
-
Important Information
Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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 investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.