| Change Details | |
|---|---|
| Title | abrdn Global Real Estate |
| Type | Objective and policy changes |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 07 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 Real Estate |
| Type of change | Investment Policy change |
| Date change effective from | 7 July 2025 |
| Is the event subject to shareholder approval? | No |
| 2. Investment objectives and policies | |
| Previous objective & investment policy | New objective & investment policy |
| To generate income and some growth over the long term (5 years or more) by investing in global commercial property markets. Performance Target: To exceed the return of the IA UK Direct Property Sector Average return (after charges) over rolling three year periods. The Performance Target is the level of performance that the management team hopes to achieve for the fund. Portfolio Securities •The fund invests at least 80% in global commercial property and property-related equities (company shares) with the potential for up to 100% to be held in commercial property at any time. •The fund may also invest indirectly in commercial property through investment vehicles such as quoted and unquoted property companies or funds (including those managed by abrdn). •The fund may also invest in money-market instruments, and cash. |
To generate income and some growth over the long term (5 years or more) by investing in global commercial property markets. Portfolio Securities •The fund invests at least 80% in global commercial property and property-related equities (company shares). •The fund will target an allocation of 45% investment in direct property; 45% investment in listed property shares and 10% money market instruments (including cash) which may vary as a result of factors such as investor subscriptions and redemptions and/or market conditions that could result in a rise or fall of property valuations, both direct and listed. Investment in global property related equities (including Emerging Markets) is achieved through investment in listed closed ended REITs and listed companies engaged in real estate and real estate related activities. •The fund may also invest in other funds (including those managed by abrdn), short term government bonds, money market instruments and cash. |