ASI Global Ethical Equity I

  • 294.20p
    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.

  • 421.20p
    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%
    Yield

    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 16 September 2021, fund data 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
Size £178m
Yield 0.00%
Charging basis Income
Dividends paid 30 Apr, 31 Oct

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 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

  • 16/17 0.00%
  • 17/18 0.00%
  • 18/19 0.00%
  • 19/20 0.00%
  • 20/21 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%

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

Track record

Periods of worst performance

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Relative 0.00% ()

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.

Allocation

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Sector breakdown

Information Technology 27.00%
Financials 20.00%
Industrials 17.00%
Consumer Discretionary 12.00%
Consumer Staples 6.00%
Communications 5.00%
Real Estate 4.00%
Mutual Funds 3.00%
Energy 2.00%
Health Care 2.00%

Portfolio

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

Key Investor Information - Income

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Key Investor Information - Accumulation

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