ASI Global Ethical Equity I

Investing in socially responsible companies globally, the fund is characterised as "mid green".

  • 266.65p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • 381.77p
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 1.00%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 1.14%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 0.00%

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 27 January 2022, fund commentary last updated 28 October 2015

This fund targets capital growth by investing mostly in international companies. It is run with an ethical overlay, making it suitable for clients who prefer to invest in socially responsible companies. Aberdeen's global equities team select stocks from amongst Aberdeen’s regional portfolios, then eliminate those that fail its ethical screens, e.g. those involved in gambling or tobacco, before forming the portfolio. The fund's ethical approach can be described as mid green, i.e. fairly strict.

Fund summary

Sector Global
Structure OEIC
Launched May, 1999
Size £204m
Yield 0.00%
Charging basis Income
Dividends paid 30 Apr, 31 Oct


Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.00%
Ongoing charges figure 1.14%


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Investment process

The fund aims to achieve long term capital growth by investing in a portfolio of international equities that meet Aberdeen's ethical and socially responsible criteria. The portfolio is constructed from a buylist of stocks held by Aberdeen's regional equity teams, so companies held will share the characteristics of other Aberdeen portfolios: straightforward businesses with quality management and strong balance sheets. However, stocks are also screened for both positive and negative SRI criteria, including environmental, social and corporate governance considerations. Companies are automatically excluded if they: have a history of discrimination, harassment, or poor health & safety; derive more than 10% annual turnover from gambling, tobacco, alcohol, military activity, nuclear power or weapons sales; derive more than 5% annual turnover from pornography; have a history of poor business practices; significantly contribute to environmental problems; and companies that operate in countries with poor human rights records. Aberdeen also excludes all companies that feature on the Norwegian Government Pension Fund (NBIM) Exclusion list. Positive criteria include donating time, effort and money to community projects; and companies with solid corporate governance policies.

Manager research

Average monthly relative returns

  • 17/18 -0.29%
  • 18/19 -0.52%
  • 19/20 0.26%
  • 20/21 0.32%
  • 21/22 -0.15%

Bestinvest MRI

  • 3 years 0.14%
  • 5 years -0.08%
  • Career -0.11%
  • 3 years 92.20%
  • 5 years 61.00%
  • Career 56.80%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Aberdeen SRI Team

Stephen Docherty has been head of global equities at Aberdeen since 2002, managing a team of 14 including fund managers, analysts and SRI researchers. He joined the company in 1994, having previously worked for Abbey National's Department of Actuarial Services within the Life Division. Docherty graduated with a BSc (Hons) in Mathematics and Statistics from the University of Aberdeen. Cindy Rose is Head of SRI Research on the Global equity team, conducting SRI research and analysis on companies in which the ethical funds invest. She joined Aberdeen in 1999 as an investment writer and web editor. Previously, she worked for United States Tax Court, Washington DC. Rose has an MSc in Comparative Literature from the University of Edinburgh.

Track record

Aberdeen Sri Team has 19.3 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.11%. During the worst period of relative performance (from May 2008 - October 2018) there was a decline of 40% relative to the index. The worst absolute loss has been 36%.

Periods of worst performance

Absolute -36.00% (May 2008 - February 2009)
Relative -40.00% (May 2008 - October 2018)

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.


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Top 10 holdings

Data accurate as at 30 November 2021

4.7% Microsoft Corp
4.2% Nvidia Corp
3.5% L`Oreal
3.3% Intuit Inc
3.2% Croda International Plc
3.1% Lululemon Athletica Inc
3% Trane Technologies Plc
2.7% Dbs Group Hldgs Ltd
2.7% Csl Ltd
2.6% Autodesk Inc
Source: Trustnet

Sector breakdown

Information Technology 26.00%
Industrials 15.00%
Health Care 12.00%
Consumer Staples 12.00%
Financials 11.00%
Consumer Discretionary 9.00%
Materials 8.00%
Real Estate 3.00%
Utilities 3.00%
Others 1.00%


This fund holds 40 to 60 stocks. As at 31/08/2015: 47 holdings, 34% North America, 19% Europe, 18% Asia Pacific, 16% UK, 7% Emerging Markets, 6% Japan


Max. stock weight 5%. There are no fixed country or sector limits.

Key Investor Information - Income


Key Investor Information - Accumulation