Aberdeen ASI UK Responsible Equity A Acc NAV

IMA Sector:

UK All Companies

ISIN:

GB00B131GB92

Fund Type:

OEIC

243.85p
   
  • PEP:
  • ISA:
  • CAT Std:
  • Date: 30-Oct-2024
  • Change: -1.89p
  • Change %: -0.77%
  • Currency: GBP
  • YTD change: 14.46p
  • YTD %: 6.30%

Fund Objective

The fund seeks long term growth.

View on Past Performance

Recession fears and falling commodity prices weighed on sentiment in October, as UK equities posted another month of losses. The FTSE All Share Index closed 12% lower, with industrial and financial stocks among the top losers. The Bank of England cut interest rates by 0.5% as part of a coordinated global response to the credit crisis. It also boosted bank deposit guarantees, unveiled a £50bn rescue package, offered up to £200bn in short-term loans and proposed to take stakes in three banks.Latest data showed the economy was edging towards recession: third-quarter GDP shrank by 0.5%, the first contraction in 16 years. Manufacturing output declined, while retail sales cooled as unemployment rose. Housing prices remained weak. The inflation outlook was mixed as producer prices eased but consumer prices rose faster than expected in September.We sold Kesa Electricals and Premier Foods to reinvest the capital in better opportunities elsewhere. We also pared HSBC after relative outperformance while conscious of its emergingmarket exposure. Against this, we topped up Centrica, Millennium & Copthorne Hotels, Morrisons, Prudential, PZ Cussons and Venture Production as their valuations appeared attractive.

Fund Details

Latest Price 243.85p IMA Sector UK All Companies
Currency British Pound Launch Date 09/05/2006
Fund Size n/a Fund Manager SRI Team and Pan-European Equities Team
ISIN GB00B131GB92 Dividend 0.00p

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Price Info

Date 30-Oct-2024
NAV 243.85p
Currency GBP
Change -1.89p
% -0.77%
YTD change 14.46p
YTD % 6.30%

Fund Facts

Fund Inception 09/05/2006
Fund Manager SRI Team and Pan-European Equities Team
TER -

Fund Reports

Minimum Investment
Initial £500
Additional n/a
Savings £50
Charges
Initial 4.25%
Annual Mang't 1.50%
Exit n/a

Risks

Name %
No risk data available.

Top of Page