abrdn SICAV I - Future Minerals Fund S Acc USD
LU0505784297
abrdn SICAV I - Future Minerals Fund S Acc USD/ LU0505784297 /
NAV11/29/2024 |
Chg.+0.0755 |
Type of yield |
Investment Focus |
Investment company |
15.0891USD |
+0.50% |
reinvestment |
Equity
Worldwide
|
abrdn Inv.(LU) ▶ |
Investment strategy
The Fund aims to achieve a combination of growth and income by investing in companies of all sizes listed on global stock exchanges including Emerging Markets, which adhere to the abrdn Future Minerals Investment Approach (the "Investment Approach").
The Fund invests at least 70% in equities and equity related securities of companies listed globally. The Fund may invest up to 20% of its net assets in Mainland China equity and equity-related securities through the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programme. Investment in all equity and equity related securities will follow the Investment Approach. The approach identifies companies which are aligned to the Future Minerals theme defined as the extraction and processing of raw materials which clean energy transition technologies are reliant upon, and the initial and post-use process technologies that enable this transition. The Fund is actively managed. Future Minerals theme alignment is defined as companies with a minimum of 20% of their current or forecast revenue, profit, assets, capital expenditure linked to one of the following pillars: 1. Mineral extraction & processing: metals and mining companies with raw mineral exposure that clean energy technologies are reliant upon 2. Upstream & downstream value chain: machinery and services that enable the clean energy transition and mineral conversion into clean energy products (e.g. electric vehicle battery makers) 3. Recycling & sustainability: minerals and metals extraction from waste for re-use 4. Compounds & advanced materials: other material producing companies that support the clean energy transition. Through the application of the Investment Approach, the Fund has an expected minimum of 20% in Sustainable Investments. Engagement with external company management teams is used to evaluate the ownership structures, governance and management quality of those companies in order to inform portfolio construction.
Investment goal
The Fund aims to achieve a combination of growth and income by investing in companies of all sizes listed on global stock exchanges including Emerging Markets, which adhere to the abrdn Future Minerals Investment Approach (the "Investment Approach").
Master data
Type of yield: |
reinvestment |
Funds Category: |
Equity |
Region: |
Worldwide |
Branch: |
Sector Commodities divers |
Benchmark: |
MSCI ACWI Index |
Business year start: |
10/1 |
Last Distribution: |
- |
Depository bank: |
Citibank Europe plc Luxembourg Branch |
Fund domicile: |
Luxembourg |
Distribution permission: |
Austria, Germany, Switzerland, United Kingdom, Luxembourg, Czech Republic |
Fund manager: |
Ruairidh Finlayson |
Fund volume: |
83.53 mill.
USD
|
Launch date: |
7/26/2010 |
Investment focus: |
- |
Conditions
Issue surcharge: |
5.00% |
Max. Administration Fee: |
1.92% |
Minimum investment: |
1,000.00 USD |
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 |
|
99.75% |
Mutual Funds |
|
0.15% |
Cash |
|
0.10% |
Countries
United Kingdom |
|
16.63% |
United States of America |
|
12.83% |
Canada |
|
11.99% |
Australia |
|
11.77% |
France |
|
7.65% |
Ireland |
|
7.57% |
China |
|
7.23% |
Kazakhstan |
|
4.28% |
Sweden |
|
4.22% |
Chile |
|
4.03% |
Norway |
|
3.62% |
India |
|
2.90% |
Korea, Republic Of |
|
2.64% |
Luxembourg |
|
2.39% |
Cash |
|
0.10% |
Others |
|
0.15% |
Branches
Mining Metalls/Minerals |
|
59.45% |
gas synthetic |
|
10.05% |
Coal |
|
4.28% |
Electric components |
|
4.17% |
Agricultural chemicals |
|
4.03% |
Industrial facilities |
|
3.37% |
automotive engineering |
|
3.07% |
Chemicals |
|
2.64% |
Waste Management |
|
2.39% |
Baumaterialien/Baukomponenten |
|
2.11% |
Steel/Iron |
|
0.93% |
Cash |
|
0.10% |
Others |
|
3.41% |