Aberdeen ASI Global Equity A Dis NAV

IMA Sector:

Global

ISIN:

GB0031682627

Fund Type:

OEIC

349.32p
   
  • PEP:
  • ISA:
  • CAT Std:
  • Date: 30-Oct-2024
  • Change: -0.46p
  • Change %: -0.13%
  • Currency: GBP
  • YTD change: 27.30p
  • YTD %: 8.48%

Fund Objective

The investment objective of Aberdeen Adventurous Managed Fund is to provide long term total return.

View on Past Performance

Global equities succumbed to another wave of selling in October, as the weakening financial system triggered further bank bailouts and liquidity injections. Eastern Europe's vulnerabilities were exposed after the IMF bailed out Hungary and Ukraine. Economies of the world appeared to be headed towards a synchronised recession: the US and the UK's third-quarter GDP shrank, while China grew at the slowest in five years.As growth concerns outweigh inflation worries, central banks, including those in Europe and Japan, made unprecedented coordinated interest rate cuts. During October, we sold Premier Foods due to balance sheet concerns after extensive due diligence, as well as Portugal Telecom. Conversely, we bought Japan's robotics manufacturer Fanuc, which is seeing strong demand; UK miner Rio Tinto; and UK-listed Standard Chartered.

Future Expectations

The volatility in financial markets has been driven by panic and fund redemptions. We believe that markets may overshoot, and we are ready to buy quality companies at attractive prices.

Fund Details

Latest Price 349.32p IMA Sector Global
Currency British Pound Launch Date 01/09/1983
Fund Size n/a Fund Manager Global Equities Team
ISIN GB0031682627 Dividend 0.21p

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 349.32p
Currency GBP
Change -0.46p
% -0.13%
YTD change 27.30p
YTD % 8.48%

Fund Facts

Fund Inception 01/09/1983
Fund Manager Global Equities Team
TER -

Fund Reports

Minimum Investment
Initial £500
Additional £100
Savings £50
Charges
Initial 4.25%
Annual Mang't 1.50%
Exit n/a

Risks

Name %
Standard deviation 0.02
Sharpe ratio 0.04

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