Endowus has selected the Fund as it:
Fund Objective: Aims to provide long-term capital growth by investing in European (including UK) equities and equity-related securities.
Suitability: Investors who seek capital gain over the long-term period, understand the risks involved in investing in European equities, as well as the fact that there is no capital protection or guarantees.
Fund Inception: 14 August 1998
Share Class Inception: 14 August 1998
Benchmark: FTSE World-Europe Index
Fund AUM: SGD 48.7m
Source: MorningStar as of 30 July 2021. Please refer to the FMC page for the most updated AUM.
Source: MorningStar as of 31 March 2021. Allocation data indicate actual exposure as a percentage of the Fund's total Net Asset Value. Please refer to the Fund Manager Page for the most updated information on Fund Holdings and Breakdown.
Endowus has selected the Aberdeen Standard SICAV I – European Equity Fund as it provides a high-conviction approach to investing in European equities. The team believes that deep fundamental research, responsible stewardship with ESG, and a disciplined investment process is the best approach, focusing on companies that the team identifies as high quality. This involves assessing each company on five key factors; namely the durability of the business model & moat, the attractiveness of the industry, the strength of financials, the capability of management, and the team’s assessment of the company’s ESG credentials.
The Fund is managed by a team of four investment professionals and led by Ben Ritchie, Aberdeen’s Head of European Equities. Ben has been with Aberdeen his entire career since joining as a graduate hire in 2002. The other three members have a combined experience of 46 years in the industry. The team is further supported by nine European and 14 UK specialists.
Investors looking to gain exposure to a concentrated mix of best ideas in Europe can consider the Fund as a satellite position to complement their other equities exposure. While the Fund has a better risk profile than peers and its benchmark, investors should be aware that investing in European equities remains inherently risky.
Updated by Endowus: September 2021
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