| Change Details | |
|---|---|
| Title | abrdn Global Balanced Growth |
| Type | Objective and policy changes |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 01 July 2025 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | abrdn Fund Managers Limited |
| Fund Name | abrdn Global Balanced Growth |
| Type of change | Objective change |
| Date change effective from | 1 July 2025 |
| Is the event subject to shareholder approval? | No |
| 2. Investment objectives | |
| Previous objective & investment policy | New objective & investment policy |
| To generate growth over the long term (5 years or more) by investing in a diversified portfolio of assets. Performance Target: To exceed the return of the following basket of assets per annum over rolling five year periods (after charges). This basket of assets represents the fund’s long term strategic asset allocation. This basket is composed of global equities (70%) and global bonds (25%) and money markets (5%). The underlying indices are the following: 20% FTSE All-Share Index, 26% S&P 500, 9% MSCI Europe ex UK, 8% MSCI Japan, 4% MSCI AC Asia Pacific Ex Japan, 3% MSCI Global Emerging Markets, 6% JP Morgan GBI Global Index, 4% FTSE Actuaries UK Conventional Gilts All Stocks, 6% Markit iBoxx Sterling Collateralized & Corporates Index, 5% Bloomberg Global High Yield Corporate Index 2% Issuer Cap, 4% JP Morgan EMBI Global Diversified Index, 5% SONIA. The performance target is the level of performance that the management team hopes to achieve for the fund. There is however no certainty or promise that they will achieve the performance target. The fund will invest at least 70% in global equities, corporate investment grade bonds and government bonds issued anywhere in the world (including in emerging markets) either directly or indirectly. - The fund may hold other securities (e.g. investment trusts, sub-investment grade (high yield) bonds, supranational and other types of bonds, commodities and listed real estate) issued anywhere in the world (including in emerging markets) either directly or indirectly. - The fund may invest up to 85% of its assets in global equities. - The fund may also invest in other funds (including those managed by abrdn) and money-market instruments, and cash. |
To generate growth over the long term (5 years or more) by investing in a diversified portfolio of assets. The fund will invest at least 70% in global equities, corporate investment grade bonds and government bonds issued anywhere in the world (including in emerging markets) either directly or indirectly. - The fund will invest in assets that are both actively and passively managed. - The fund may hold other securities (e.g. investment trusts, sub-investment grade (high yield) bonds, supranational and other types of bonds, commodities and listed real estate) issued anywhere in the world (including in emerging markets) either directly or indirectly. - The fund may invest up to 85% of its assets in global equities. - The fund may also invest in other funds (including those managed by abrdn) and money-market instruments, and cash. |