abrdn UK Income Equity Fund K Inc
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General Objective
The fund aims to generate income and some capital over the long term (5 years or more) by investing in UK equities, with a performance target of delivering a yield greater than that of and achieving a return in excess of the FTSE All Share Index over a rolling five year period.
Fund Exposure
The fund will invest at least 70% in UK equities, with the possibility of investing up to 20% in non-UK listed equities. The management team uses active management to maintain a diverse asset mix at sector and company level, focusing on selecting high quality companies for long-term investment. Due to the active nature of the management process, the fund's performance profile may deviate significantly from that of the Index.
Risks
Investors should be aware that the fund may not be appropriate for those planning to withdraw their money within five years. It is important for investors to ensure that their attitude to risk aligns with the risk profile of this fund before making any investment decisions.