abrdn Evolve American Equity C1 Acc EUR

Investment Objective To generate growth over the long term (5 years or more) by tracking the return of the MSCI USA Select ESG Climate Solutions Target Index (the "Index"). Performance Target: To match the return of the Index (before charges). There is no certainty or promise that the Performance Target will be achieved. The Index is a representative index of the US stock market which excludes companies which are involved in certain activities. Investment Policy Portfolio Securities - The fund will invest at least 90% in equities (company shares) that make up the Index. - For liquidity and cash flow purposes the fund may also invest in other funds (including those managed by abrdn), cash and assets that can be turned into cash quickly. These investments may not comply with the sustainable investment approach ('Sustainable Approach') applied by the Index, as described under "Management Process". Management Process - The management team aims to replicate performance of the Index in deciding which investments are to be included in the portfolio (passive management) and the number and weightings of investments may vary. - Due to the nature of the passive management process, the fund's performance deviation from the Index is expected to be minimal. - The Index is composed of a subset of equity securities within the MSCI USA Index (the "Parent Index"). The Index incorporates material sustainability targets relative to the Parent Index by applying higher weights to constituent companies with stronger environmental, social and governance ("ESG") scores, lower carbon footprints and a RISK AND REWARD PROFILE Lower risk Typically lower rewards Typically higher rewards 1 2 3 4 5 This indicator reflects the volatility of the fund's share price over the last five years which in turn reflects the volatility of the underlying assets in which the fund invests. Historical data may not be a reliable indication for the future. The current rating is not guaranteed and may change if the volatility of the assets in which the fund invests changes. The lowest rating does not mean risk free. The fund is rated as 6 because of the extent to which the following risk factors apply: Tracking Error Risk - The fund may not perform fully in-line with the index which it is tracking because of factors which may include transaction costs, timing and holding mismatching, or in the event of extreme market disruption. Equity Risk - The fund invests in equity and equity related securities. These are sensitive to variations in the stock markets which can be volatile and change substantially in short periods of time. ESG Investment Risk - Applying ESG and sustainability criteria in the investment process may result in the exclusion of securities within the fund's benchmark or universe of potential investments. The interpretation of ESG and sustainability criteria is subjective meaning that the fund may invest in assets which similar funds do not (and thus perform differently) and which higher exposure to revenues from Clean Technology Solutions. - In addition a set of company exclusions are applied which are related to controversial weapons, coal, tobacco and very severe controversies. - For full details of the sustainability targets and exclusionary criteria, please refer to the fund Prospectus. Derivatives and Techniques - Derivatives are linked to the value of other assets. In other words, they derive their price from one or more underlying asset. - Where derivatives are used, this would typically be to maintain allocations to company shares while meeting cash inflows or outflows. Where these are large relative to the size of the fund, derivative usage may be significant for limited periods of time. - The fund may use derivatives which do not comply with the Sustainable Approach applied by the Index. This fund is subject to Article 8 of the Sustainable Finance Disclosure Regulation (“SFDR”). Investors in the fund may buy and sell shares on any dealing day (as defined in the Prospectus). If you invest in income shares, income from investments in the fund will be paid out to you. If you invest in accumulation shares, income will be added to the value of your shares.