The Fund aims to achieve a combination of growth and income by investing in mid-cap companies listed on global stock exchanges including Emerging Markets, which adhere to the abrdn Global Mid-Cap Promoting ESG Equity Investment Approach. The Fund aims to outperform the MSCI ACWI Mid-Cap Index (USD) benchmark before charges.
The Fund invests at least 70% of its assets in mid-cap equities and equity-related securities of companies listed on global stock exchanges including Emerging Markets. - The Fund may invest up to 20% of its net assets directly or indirectly in Mainland China equity and equity-related securities, including through QFI regime, the Shanghai-Hong Kong Stock Connect and Shenzhen- Hong Kong Stock Connect programme or by any other available means. - Mid-cap companies are defined as any stock in the MSCI ACWI Mid- Cap Index or, if not included within the index, any stock having a market capitalisation between that of the smallest and largest stock in such index. - The Fund may also invest in small and larger capitalisation companies listed on global stock exchanges. - All equity and equity-related securities will follow abrdn's 'Global Mid- Cap Promoting ESG Equity Investment Approach'. - This approach utilises abrdn's equity investment process, which enables portfolio managers to qualitatively identify and avoid ESG laggards. 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, Controversial Weapons, Tobacco Manufacturing and Thermal Coal. More detail on this overall process is captured within abrdn's Promoting ESG Equity Investment Approach, which is published at www.abrdn.com under 'Sustainable Investing'. - Financial derivative instruments, money-market instruments and cash may not adhere to this approach.