Investor communications
UK Funds: latest updates
abrdn UK Mid-Cap Equity Fund (the "Fund") a sub-fund of abrdn OEIC I
Following a review of our fund pricing, the annual management charge ("AMC") for Class K Shares will be reduced from its current level as noted in the table below.
The on-going charges figure ("OCF") of the Share Class will also be reduced accordingly.
abrdn UK Mid-Cap Equity Fund K Acc | abrdn UK Mid-Cap Equity Fund K Inc | |
ISIN | GB00BDD9P541 | GB00BPCP3Y22 |
AMC until 01 April 2024 |
0.675% | 0.675% |
AMC from 2 April 2024 |
0.55% | 0.55% |
OCF until 01 April 2024 |
0.76% | 0.76% |
OCF from 02 April 2024 | 0.63% | 0.63% |
The AMC is part of the OCF, which can be found detailed in the respective Share Class KIID available at www.abrdn.com. The OCF is an estimate and may vary from year to year.
It excludes the costs of buying or selling assets for the Fund.
An estimate is used to provide the figure that will most likely be charged.
The EGM of abrdn American Equity Fund was held at 9:00am on Thursday 28th September, during which a vote was held on the extraordinary resolution to merge abrdn American Equity Fund into abrdn North American Small & Mid-Cap Equity Fund.
The required threshold of 75% of votes in favour of the proposals was not reached and therefore, this merger will not proceed.
abrdn Fund Managers Limited will continue to operate the abrdn American Equity Fund as we currently do and may consider alternative options for the Fund in line with investors’ best interests.
Please refer to the previously issued investor documents for further information, and the letter issued after the EGM below.
The EGM of abrdn Multi-Asset Fund was held at 09.45am on Thursday 28th September, during which a vote was held on the extraordinary resolution to merge abrdn Multi-Asset Fund into abrdn Global Balanced Growth Fund.
The required threshold of 75% of votes in favour of the extraordinary resolution was reached and therefore, the merger will be effective as of 12:01pm on Friday 27th October 2023.
Please refer to the previously issued investor documents for further information.
The EGM of abrdn UK High Income Equity Fund was held at 10.30am on Thursday 28th September, during which a vote was held on the extraordinary resolution to merge abrdn UK High Income Equity Fund into abrdn UK Income Equity Fund.
The required threshold of 75% of votes in favour of the extraordinary resolution was reached and therefore, the merger will be effective as of 12:01pm on Friday 27th October 2023.
Please refer to the previously issued investor documents for further information.
The EGM of abrdn Global Absolute Return Strategies Fund was held at 11.15am on Thursday 28th September, during which a vote was held on the extraordinary resolution to merge abrdn Global Absolute Return Strategies Fund into abrdn Diversified Growth & Income Fund.
The required threshold of 75% of votes in favour of the extraordinary resolution was reached and therefore, the merger will be effective as of 12:01pm on Friday 1st December 2023.
Please refer to the previously issued investor documents for further information.
The EGM of abrdn Diversified Growth Fund was held at Midday on Thursday 28th September, during which a vote was held on the extraordinary resolution to merge abrdn Diversified Growth Fund into abrdn Diversified Growth & Income Fund.
The required threshold of 75% of votes in favour of the extraordinary resolution was reached and therefore, the merger will be effective as of 12:01pm on Friday 27th October 2023.
Please refer to the previously issued investor documents for further information.
abrdn American Equity Fund – Shareholder Update 03/10/23
Fund Mergers: abrdn UK High Income Equity Fund - Shareholder Letter
Fund Mergers: abrdn UK High Income Equity Fund - Merger Circular
Fund Mergers: abrdn Multi-Asset Fund - Merger Circular
Fund Mergers: abrdn Multi-Asset Fund - Shareholder Letter
Fund Merger: abrdn American Equity Fund - Shareholder Letter
Fund Merger: abrdn American Equity Fund - Merger Circular
Fund Merger: abrdn Diversified Growth Fund - 27 July Shareholder Letter
Fund Merger: abrdn Diversified Growth Fund - 27 July Merger Circular
Fund Merger: abrdn Global Absolute Return Strategies Fund - 27 July Shareholder Letter
Fund Merger: abrdn Global Absolute Return Strategies Fund - 27 July Merger Circular
abrdn Global Income Equity Fund
The EGM of abrdn Global Income Equity Fund was held at 10:30am on 9 August 2023 during which a vote was held on the proposals to update the investment objective and policy (including the benchmark and performance target) and name of the Fund. The required threshold of 75% of votes in favour of the proposals was reached and therefore, these proposals will be effective from 6 September 2023. Please refer to the previously issued investor documents for further information.
abrdn (AAM) UK Smaller Companies Fund (OEIC I) – Result of EGM
The EGM of abrdn (AAM) UK Smaller Companies Fund was held at 09.00am on Wednesday 24th May, during which a vote was held on the extraordinary resolution to merge abrdn (AAM) UK Smaller Companies Fund into abrdn UK Smaller Companies Fund.
The required threshold of 75% of votes in favour of the extraordinary resolution was reached and therefore, the merger will be effective as of 12:01pm on Friday 23th June 2023.
Please refer to the previously issued investor documents for further information.
abrdn UK Equity Fund (OEIC I) – Result of EGM
The EGM of abrdn UK Equity Fund was held at 09.45am on Wednesday 24th May, during which a vote was held on the extraordinary resolution to merge abrdn UK Equity Fund into abrdn UK Sustainable and Responsible Investment Equity Fund.
The required threshold of 75% of votes in favour of the extraordinary resolution was reached and therefore, the merger will be effective as of 12:01pm on Friday 23th June 2023.
Please refer to the previously issued investor documents for further information.
abrdn Sterling Short Dated Corporate Bond Fund (OEIC I) – Result of EGM
The EGM of abrdn Sterling Short Dated Corporate Bond Fund was held at 10.30am on Wednesday 24th May, during which a vote was held on the extraordinary resolution to merge abrdn Sterling Short Dated Corporate Bond Fund into abrdn Short Dated Corporate Bond Fund.
The required threshold of 75% of votes in favour of the extraordinary resolution was reached and therefore, the merger will be effective as of 12:01pm on Friday 23th June 2023.
Please refer to the previously issued investor documents for further information.
Fund Merger: abrdn Sterling Short Dated Corporate Bond Fund - Merger Circular
Fund Merger: abrdn Sterling Short Dated Corporate Bond Fund - Shareholder Letter
Fund Merger: abrdn (AAM) UK Smaller Companies Fund - Merger Circular
Fund Merger: abrdn (AAM) UK Smaller Companies Fund - Shareholder Letter
abrdn Multi-Manager Cautious Managed Portfolio (UT I) – Result of EGM
The EGM of abrdn Multi-Manager Cautious Managed Portfolio was held at 09.00am on Wednesday 17th May, during which a vote was held on the extraordinary resolution to merge abrdn Multi-Manager Cautious Managed Portfolio into abrdn MyFolio Multi-Manager III Fund.
The required threshold of 75% of votes in favour of the extraordinary resolution was reached and therefore, the merger will be effective as of 12:01pm on Friday 16th June 2023.
Please refer to the previously issued investor documents for further information.
abrdn Multi-Manager Equity Managed Portfolio (UT I) – Result of EGM
The EGM of abrdn Multi-Manager Equity Managed Portfolio was held at 09.45am on Wednesday 17th May, during which a vote was held on the extraordinary resolution to merge abrdn Multi-Manager Equity Managed Portfolio into abrdn MyFolio Multi-Manager V Fund.
The required threshold of 75% of votes in favour of the extraordinary resolution was reached and therefore, the merger will be effective as of 12:01pm on Friday 16th June 2023.
Please refer to the previously issued investor documents for further information.
abrdn Multi-Manager Diversity Fund (OEIC VII) – Result of EGM
The EGM of abrdn Multi-Manager Diversity Fund was held at 10.30am on Wednesday 17th May, during which a vote was held on the extraordinary resolution to merge abrdn Multi-Manager Diversity Fund into abrdn MyFolio Multi-Manager II Fund.
The required threshold of 75% of votes in favour of the extraordinary resolution was reached and therefore, the merger will be effective as of 12:01pm on Friday 16th June 2023.
Please refer to the previously issued investor documents for further information.
Fund Merger: abrdn Multi-Manager Diversity Fund – Shareholder Letter
Fund Merger: abrdn Multi-Manager Cautious Managed Portfolio – Shareholder Letter
Fund Merger: abrdn Multi-Manager Equity Managed Portfolio – Shareholder Letter
Fund Merger: abrdn Multi-Manager Diversity Fund – Merger Circular
Fund Merger: abrdn Multi-Manager Cautious Managed Portfolio – Merger Circular
Fund Merger: abrdn Multi-Manager Equity Managed Portfolio – Merger Circular
The EGM of abrdn American Unconstrained Equity Fund was held at 9am on Thursday 20th April, during which a vote was held on the extraordinary resolution to reposition abrdn American Unconstrained Equity Fund and rename it into abrdn North American Small & Mid-Cap Equity Fund.
The required threshold of 75% of votes in favour of the extraordinary resolution was reached and therefore, the repositioning and renaming will be effective as of the Monday 22nd May 2023.
Please refer to the previously issued investor documents for further information.
abrdn Asian Pacific Growth Equity Fund – Result of EGM
The EGM of abrdn Asian Pacific Growth Equity Fund was held at 9am on Thursday 13th April, during which a vote was held on the extraordinary resolution to merge abrdn Asian Pacific Growth Equity Fund into abrdn Asia Pacific Equity Fund.
The required threshold of 75% of votes in favour of the extraordinary resolution was reached and therefore, the merger will be effective as of 12:01pm on Friday 12th May 2023.
Please refer to the previously issued investor documents for further information.
abrdn Asia Pacific & Japan Equity Fund – Result of EGM
The EGM of abrdn Asia Pacific & Japan Equity Fund was held at 9.45am on Thursday 13th April, during which a vote was held on the extraordinary resolution to merge abrdn Asia Pacific & Japan Equity Fund into abrdn Asia Pacific Equity Fund.
The required threshold of 75% of votes in favour of the extraordinary resolution was reached and therefore, the merger will be effective as of 12:01pm on Friday 12th May 2023.
Please refer to the previously issued investor documents for further information.
abrdn (AAM) Sterling Government Bond Fund – Result of EGM
The EGM of abrdn (AAM) Sterling Government Bond Fund was held at 10.30am on Thursday 13th April , during which a vote was held on the extraordinary resolution to merge abrdn (AAM) Sterling Government Bond Fund into abrdn UK Government Bond Fund.
The required threshold of 75% of votes in favour of the extraordinary resolution was reached and therefore, the merger will be effective as of 12:01pm on Friday 12th May 2023.
Please refer to the previously issued investor documents for further information.
abrdn Emerging Markets Opportunities Equity Fund – Result of EGM
The EGM of abrdn Emerging Markets Opportunities Equity Fund was held at 11.15am on Thursday 13th April, during which a vote was held on the extraordinary resolution to merge abrdn Emerging Markets Opportunities Equity Fund into abrdn Emerging Markets Equity Fund.
The required threshold of 75% of votes in favour of the extraordinary resolution was reached and therefore, the merger will be effective as of 12:01pm on Friday 12th May 2023.
Please refer to the previously issued investor documents for further information.
Fund Merger: abrdn Asian Pacific Growth Equity Fund - Shareholder Letter
Fund Merger: abrdn (AAM) Sterling Government Bond Fund - Shareholder Letter
Fund Merger: abrdn Asia Pacific and Japan Equity Fund - Shareholder Letter
Fund Merger: abrdn Emerging Markets Opportunities Equity Fund - Shareholder Letter
Fund Merger: abrdn (AAM) Sterling Government Bond Fund- Merger Circular
Fund Merger: abrdn Asia Pacific and Japan Equity Fund - Merger Circular
Fund Merger: abrdn Asian Pacific Growth Equity Fund Merger Circular
Fund Merger: abrdn Emerging Markets Opportunities Equity Fund - Merger Circular
Fund Closure: abrdn MyFolio Monthly Income III Fund - Non ISA Shareholder Letter
Fund Closure: abrdn MyFolio Monthly Income IV Fund - ISA Shareholder Letter
Fund Closure: abrdn MyFolio Monthly Income IV Fund - Non ISA Shareholder Letter
Fund Closure: abrdn MyFolio Monthly Income II Fund - ISA Shareholder Letter
Fund Closure: abrdn MyFolio Monthly Income II Fund - Non ISA Shareholder Letter
Fund Closure: abrdn Sterling Long Dated Govt Bond Fund - ISA Shareholder Letter
Fund Closure: abrdn Sterling long Dated Govt Bond Fund - Non ISA Shareholder Letter
Fund Closure: abrdn World Income Equity Fund - ISA Shareholder Letter
Fund Closure: abrdn World Income Equity Fund - Non ISA Shareholder Letter
Fund Closure: abrdn UK Equity Index Managed Fund - ISA Shareholder Letter
Fund Closure: abrdn UK Equity Index Managed Fund - Non ISA Shareholder Letter