Morningstar Fund Report  | 23/04/2025Print

abrdn Real Estate Fund Class ZC Accumulation

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
abrdn Real Estate Fund Class ZC Accumulation
Fund11.5-9.9-1.4-0.20.8
+/-Cat1.0-0.61.80.2-0.1
+/-B’mrk-----
 
Category: Property - Direct UK
Category Benchmark: -
Key Stats
NAV
22/04/2025		 GBP 0.53
Day Change -0.06%
Morningstar Category™ Property - Direct UK
IA (formerly IMA) Sector UK Direct Property
ISIN GB00BYPHP759
Fund Size (Mil)
22/04/2025		 GBP 591.71
Share Class Size (Mil)
22/04/2025		 GBP 0.08
Max Initial Charge -
Ongoing Charge
11/02/2025		  0.08%
Investment Objective: abrdn Real Estate Fund Class ZC Accumulation
To generate income and some growth over the long term (5 years or more) by investing in property and property related investments. 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.  The fund will target an allocation of 45% investment in direct property; 45% investment in indirect property and 10% money-market instruments (including cash) which may vary as a result of factors such as market conditions. The fund will however invest at least 80% of the fund’s assets in property and property related investments.
Returns
Trailing Returns (GBP)22/04/2025
YTD0.09
3 Years Annualised-5.01
5 Years Annualised-0.23
10 Years Annualised-
12 Month Yield 4.54
Management
Manager Name
Start Date
George Shaw
18/03/2016
Inception Date
21/03/2016

Category Benchmark
Fund BenchmarkMorningstar Benchmark
10% SONIA ,  45% MSCI UK Monthly Property NR GBP ,  45% FTSE EPRA Nareit Developed NR GBP-
Portfolio Profile for  abrdn Real Estate Fund Class ZC Accumulation31/03/2025
Morningstar Style Box®
Equity Style
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock14.770.0014.77
Bond0.000.02-0.02
Property78.160.0078.16
Cash8.441.456.99
Other0.120.020.10
Fixed Income
Effective Maturity-
Effective Duration-
Top 5 Regions%
United States74.32
United Kingdom6.06
Eurozone5.40
Australasia4.48
Europe - ex Euro3.46
Top 5 Sectors%
Real Estate99.76
Technology0.25
Top 5 HoldingsSector%
Sli Uk Real Estate78.16
abrdn Future Real Estate UCITS ETF9.36
Welltower IncReal EstateReal Estate0.56
Ventas IncReal EstateReal Estate0.35
LondonMetric Property PLCReal EstateReal Estate0.35
Increase Decrease New since last portfolio
abrdn Real Estate Fund Class ZC Accumulation
Growth Of 1000 (GBP) 31/03/2025
Fund:  abrdn Real Estate Fund Class ZC Accumulation
Category:  Property - Direct UK
Category Index: 
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return3.99-0.85-3.0911.51-9.87-1.41-0.250.76
+/- Category-0.43-1.04-0.121.02-0.621.850.22-0.10
+/- Category Index--------
% Rank in Category5175554846445956
Trailing Returns (GBP)22/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.06   -0.24-
1 Week0.06   -0.33-
1 Month-0.60   -0.33-
3 Months-0.43   -0.92-
6 Months-0.66   -0.01-
YTD0.09   -0.72-
1 Year0.08   -2.34-
3 Years Annualised-5.01   -1.51-
5 Years Annualised-0.23   -0.05-
10 Years Annualised-   --
 
Category: Property - Direct UK
Category Index: 
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20250.76---
2024-0.410.110.76-0.69
20231.391.10-1.11-2.75
20223.343.76-5.10-11.42
20210.932.643.743.76
2020-1.73-2.980.101.54
 
 
 
Morningstar Rating™(Relative to Category)-
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-Year--Not Rated
5-Year--Not Rated
10-Year--Not Rated
Overall--Not Rated
 
Category :  Property - Direct UKClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev5.00 %
3-Yr Mean Return-4.63 %
 
3-Yr Sharpe Ratio-1.76
 
Modern Portfolio Statistics-31/03/2025
 Standard IndexBest Fit Index
   Morningstar Turkey TME NR EUR
3-Yr Beta--0.06
3-Yr Alpha--7.33
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 15284-
Market Capitalisation% of Equity
Giant0.00
Large23.19
Medium59.49
Small15.36
Micro1.97
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings28.841.24
Price/Book1.711.29
Price/Sales6.511.02
Price/Cash Flow15.921.02
Dividend-Yield Factor4.070.93
 
Long-Term Projected Earnings Growth4.520.82
Historical Earnings Growth-6.810.61
Sales Growth5.491.50
Cash-Flow Growth1.671.79
Book-Value Growth-0.100.08
 
Category: Property - Direct UK
Fixed Income Style-
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)GBP 600
Maturity Distribution %
1 to 30.00
3 to 50.00
5 to 70.00
7 to 100.00
10 to 150.00
15 to 200.00
20 to 300.00
Over 300.00
Effective Maturity-
Effective Duration-
Credit Quality Breakdown %     %
AAA -   BB-
AA-   B-
A-   Below B-
BBB-   Not Rated-
 
Category: Property - Direct UK
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock14.770.0014.77
Bond0.000.02-0.02
Property78.160.0078.16
Cash8.441.456.99
Other0.120.020.10
World Regions31/03/2025
 % of EquityRelative to Category
United States74.321.31
Canada1.482.07
Latin America0.000.00
United Kingdom6.060.30
Eurozone5.400.94
Europe - ex Euro3.461.46
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan3.250.57
Australasia4.480.96
Asia - Developed1.560.45
Asia - Emerging0.000.00
 
Category: Property - Direct UK
Sector Weightings31/03/2025
 % of EquityRelative to Category
Real EstateReal Estate99.761.01
TechnologyTechnology0.255.05
 
Category: Property - Direct UK
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings28
Total Number of Bond Holdings0
Assets in Top 10 Holdings90.20
NameSectorCountry% of Assets
Sli Uk Real EstateUnited Kingdom78.16
abrdn Future Real Estate UCITS ETFIreland9.36
Welltower Inc104United States0.56
Ventas Inc104United States0.35
LondonMetric Property PLC104United Kingdom0.35
Prologis Inc104United States0.31
Simon Property Group Inc104United States0.30
Equinix Inc104United States0.29
Public Storage104United States0.26
Invitation Homes Inc104United States0.26
 
Increase Decrease New since last portfolio
Category: Property - Direct UK
 
Management
Name of Companyabrdn Fund Managers Limited
Phone-
Websitehttps://www.abrdn.com/en-gb
Address280 Bishopsgate
 London   EC2M 4AG
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSNo
Inception Date21/03/2016
Fund Advisor(s)
abrdn Investment Management Limited
Fund ManagerGeorge Shaw
Manager Start Date18/03/2016
 
Biography
George Shaw is lead manager of the Ignis UK Property Fund. He is supported by the exceptionally strong and well resourced Ignis Real Estate business unit, which is made up of 17 investment professionals including a highly experienced research team. George has 20 years’ investment experience and joined Ignis in December 2005. He graduated from Heriot-Watt University in 1990 with a BSc in Estate Management and is a member of the Royal Institution of Chartered Surveyors.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Chargen/a
Ongoing Charge0.08%
Purchase Details
Minimum Investments
Initial1000000  GBP
Additional10000  GBP
Savings-
Tax Free Savings Schemes
ISAsNo