Morningstar Fund Report  | 01/04/2025Print

abrdn Emerging Markets Equity Fund A Acc

Performance History28/02/2025
Growth of 1,000 (GBP) Advanced Graph
abrdn Emerging Markets Equity Fund A Acc
Fund-3.9-16.8-0.75.10.0
+/-Cat-2.4-4.8-4.8-3.0-1.4
+/-B’mrk-3.0-9.0-4.7-3.9-1.1
 
Category: Global Emerging Markets Equity
Category Benchmark: Morningstar EM TME NR USD
Key Stats
NAV
31/03/2025		 GBX 740.29
Day Change -1.92%
Morningstar Category™ Global Emerging Markets Equity
IA (formerly IMA) Sector Global Emerging Markets
ISIN GB0033228197
Fund Size (Mil)
19/03/2025		 GBP 494.38
Share Class Size (Mil)
31/03/2025		 GBP 75.85
Max Initial Charge -
Ongoing Charge
11/02/2025		  1.32%
Morningstar Research
Analyst Report10/06/2024
Samuel Lo, Principal
Morningstar, Inc

Abrdn Emerging Markets Equity continues to benefit from a solid cast of portfolio managers, a sizable emerging markets equities team, and a disciplined, time-tested, quality-focused investment approach. The UK-domiciled vehicle retains a...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent23
Process24
Performance
Price
Investment Objective: abrdn Emerging Markets Equity Fund A Acc
To generate growth over the long term (5 years or more) by investing in emerging markets equities (company shares). The fund invests at least 70% in equities and equity related securities of companies listed, incorporated or domiciled in global emerging market countries, or companies that derive a significant proportion of their revenues or profits or have a significant proportion of their assets there.
Returns
Trailing Returns (GBP)31/03/2025
YTD-2.95
3 Years Annualised-1.91
5 Years Annualised4.74
10 Years Annualised2.52
12 Month Yield 1.15
Management
Manager Name
Start Date
Devan Kaloo
01/02/2001
Nick Robinson
01/12/2000
Click here to see others
Inception Date
16/03/1987

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI EM+3% TR GBPMorningstar EM TME NR USD
Portfolio Profile for  abrdn Emerging Markets Equity Fund A Acc28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.240.0099.24
Bond0.000.000.00
Property0.000.000.00
Cash10.389.620.76
Other0.000.000.00
Top 5 Regions%
Asia - Emerging51.61
Asia - Developed28.18
Middle East7.70
Latin America7.59
United States3.20
Top 5 Sectors%
Technology26.66
Financial Services19.11
Consumer Cyclical16.86
Communication Services10.43
Industrials9.49
Top 5 HoldingsSector%
Taiwan Semiconductor Manufacturi... TechnologyTechnology9.29
Tencent Holdings LtdCommunication ServicesCommunication Services8.26
Alibaba Group Holding Ltd Ordina... Consumer CyclicalConsumer Cyclical4.04
Samsung Electronics Co Ltd Parti... TechnologyTechnology3.54
MediaTek IncTechnologyTechnology2.56
Increase Decrease New since last portfolio
abrdn Emerging Markets Equity Fund A Acc
Growth Of 1000 (GBP) 28/02/2025
Fund:  abrdn Emerging Markets Equity Fund A Acc
Category:  Global Emerging Markets Equity
Category Index:  Morningstar EM TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)28/02/2025
 201820192020202120222023202428/02
Price Return-10.6014.1321.29-3.86-16.84-0.705.10-0.05
+/- Category0.67-0.137.23-2.40-4.77-4.81-3.01-1.42
+/- Category Index-3.14-0.237.39-2.99-9.00-4.68-3.92-1.05
% Rank in Category4848167082857780
Trailing Returns (GBP)31/03/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-1.92   -1.14-1.28
1 Week-3.06   -2.08-1.88
1 Month-2.91   -2.55-2.74
3 Months-2.95   -3.01-3.31
6 Months-5.47   -4.55-4.12
YTD-2.95   -3.54-3.49
1 Year-0.17   -5.18-6.52
3 Years Annualised-1.91   -4.29-5.01
5 Years Annualised4.74   -2.42-3.36
10 Years Annualised2.52   -2.47-3.47
 
Category: Global Emerging Markets Equity
Category Index: Morningstar EM TME NR USD
Quarterly Returns (GBP)28/02/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20242.173.492.04-2.59
20231.31-3.04-2.053.20
2022-10.76-5.37-3.311.85
2021-0.184.29-4.45-3.34
2020-22.1022.685.6920.08
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearLowBelow Average2 star
5-YearBelow AverageAbove Average2 star
10-YearBelow AverageAbove Average2 star
OverallBelow AverageAbove Average2 star
 
Category :  Global Emerging Markets EquityClick here to see our Methodology
Volatility Measurements28/02/2025
 
3-Yr Std Dev12.19 %
3-Yr Mean Return-0.94 %
 
3-Yr Sharpe Ratio-0.40
 
Modern Portfolio Statistics28/02/202528/02/2025
 Standard IndexBest Fit Index
 Morningstar EM TME NR USD  MSCI EM NR USD
3-Yr Beta0.980.94
3-Yr Alpha-4.46-4.48
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 57492-
Market Capitalisation% of Equity
Giant71.53
Large23.36
Medium4.08
Small1.03
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings14.111.19
Price/Book2.241.36
Price/Sales2.311.55
Price/Cash Flow6.911.08
Dividend-Yield Factor2.430.76
 
Long-Term Projected Earnings Growth10.210.97
Historical Earnings Growth10.191.84
Sales Growth5.821.27
Cash-Flow Growth9.131.95
Book-Value Growth10.111.16
 
Category: Global Emerging Markets Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock99.240.0099.24
Bond0.000.000.00
Property0.000.000.00
Cash10.389.620.76
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States3.203.82
Canada0.000.00
Latin America7.590.83
United Kingdom0.000.00
Eurozone0.000.00
Europe - ex Euro0.000.00
Europe - Emerging0.790.36
Africa0.920.27
Middle East7.701.60
Japan0.000.00
Australasia0.00-
Asia - Developed28.180.97
Asia - Emerging51.611.06
 
Category: Global Emerging Markets Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials4.260.99
Consumer CyclicalConsumer Cyclical16.861.15
Financial ServicesFinancial Services19.110.79
Real EstateReal Estate2.591.33
Consumer DefensiveConsumer Defensive3.490.73
HealthcareHealthcare2.900.83
UtilitiesUtilities2.181.21
Communication ServicesCommunication Services10.431.01
EnergyEnergy2.030.65
IndustrialsIndustrials9.491.45
TechnologyTechnology26.661.07
 
Category: Global Emerging Markets Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings63
Total Number of Bond Holdings0
Assets in Top 10 Holdings39.08
NameSectorCountry% of Assets
Taiwan Semiconductor Manufacturing Co... 311Taiwan9.29
Tencent Holdings Ltd308China8.26
Alibaba Group Holding Ltd Ordinary Sh... 102China4.04
Samsung Electronics Co Ltd Participat... 311Korea, Republic Of3.54
MediaTek Inc311Taiwan2.56
Al Rajhi Bank103Saudi Arabia2.40
HDFC Bank Ltd103India2.39
Meituan Class B102China2.21
Contemporary Amperex Technology Co Lt... 310China2.21
Power Grid Corp Of India Ltd207India2.17
 
Increase Decrease New since last portfolio
Category: Global Emerging Markets Equity
 
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
UCITSYes
Inception Date16/03/1987
Fund Advisor(s)
abrdn Investments Limited
Fund ManagerDevan Kaloo
Manager Start Date01/02/2001
Career Start Year1994
Education
2000, University of Stirling, M.S.
1999, St. Andrews University, M.A.
 
Biography
Devan Kaloo is Head of Global Emerging Markets Equities for abrdn, taking up that position in 2005. He is also Global Head of Equities for the group. Devan joined the company in 2000 as part of the Asian equities team in Singapore, before later transferring to London. He started in fund management with Martin Currie in 1994 covering Latin America, before subsequently working with the North American equities, global asset allocation and eventually the Asian equities teams.
Fund ManagerNick Robinson
Manager Start Date01/12/2000
Career Start Year2000
Education
Lincoln College, M.A.
 
Biography
Nick Robinson is a Senior Investment Director on the Global Emerging Markets Equity team at abrdn. Nick joined the company in 2000 and spent eight years on the North American Equities team, including three years based in the US offices. In 2008 he joined the Global Emerging Markets Equity team. Nick relocated to São Paulo in 2009 to start Aberdeen’s operations in Brazil. In 2016 he returned to London. Nick graduated with an MSc in Chemistry from Lincoln College, Oxford and is a CFA charterholder.
Fund ManagerXin-Yao Ng
Manager Start Date01/11/2018
Career Start Year2007
Education
Fudan University, M.B.A.
Nanyang Technological University, BSc
 
Biography
Ng Xin-Yao is an Investment Manager on the Asian equities team. Xin-Yao joined the company in 2018 from Allard Partners where he was based in Hong Kong as an Investment Analyst specialising in Greater China equities. Previously, Xin-Yao worked for Central Provident Fund Board in Singapore as a Portfolio Manager. Prior to that, Xin-Yao worked for BNP Paribas in private banking compliance. Xin-Yao graduated with a BSc in Business from Nanyang Technological University, MBA from Fudan University, and is a CFA Charterholder. CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Fund ManagerJoanne Irvine
Manager Start Date01/01/1996
Career Start Year1996
Education
Glasgow Caledonian University, B.A.
 
Biography
Joanne Irvine is Head ofEmerging Markets (ex-Asia) on the Global Emerging Markets Equity Team of Aberdeen Standard Investments. Ms. Irvine joined Legacy Aberdeen in 1996 in a group development role and moved to the Global Emerging Markets Equity Team in 1997. Prior to joining Legacy Aberdeen, Ms. Irvine was with Rutherford Manson Dowds (subsequently acquired by Deloitte), specializing in raising private equity and bank funding for private companies. Joanne has a BA in Accounting from Caledonian University and qualified as a Chartered Accountant with Hardie Caldwell LLP in Glasgow, Scotland.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.20%
Ongoing Charge1.32%
Purchase Details
Minimum Investments
Initial500  GBP
Additional50  GBP
Savings50  GBP
Tax Free Savings Schemes
ISAsYes