abrdn SICAV II - Global Short Dated Corporate Bond Fund, S Acc Hedged GBP/  LU2530216915  /

The Fund aims to achieve a combination of income and growth by investing in bonds with a maturity of up to 5 years. The Fund aims to outperform the Bloomberg Global Aggregate Corporate Bond 1- 5 Year ex Subordinated (hedged to USD) benchmark (before charges). The Fund invests at least 70% of its assets in investment grade bonds issued by corporations with a maturity of up to 5 years. The Fund may invest up to 20% in sub-investment grade bonds. Up to 10% of the Fund may be invested in Mainland Chinese bonds listed or traded on Chinese Markets. The Fund may invest in a wide range of bonds (e.g. government, convertible, supranational, government-backed, index-linked, asset backed and mortgage backed). The Fund may invest up to 20% of its net assets in asset backed securities. Non-US Dollar denominated assets will typically be hedged back to US Dollars. Investment in corporate bonds will follow the abrdn "Global Short Dated Promoting ESG Investment Approach" (the "Investment Approach"). This approach utilises abrdn's fixed income investment process, which enables portfolio managers to qualitatively assess how ESG factors are likely to impact on the company's ability to repay its debt, both now and in the future. To complement this research, the abrdn ESG House Score is used to quantitatively identify and exclude those companies exposed to the highest ESG risks. In addition, abrdn apply a set of company exclusions, which are related to the UN Global Compact, Controversial Weapons, Tobacco Manufacturing and Thermal Coal. Green bonds, Social bonds or Sustainable bonds issued by companies otherwise excluded by the environmental screens are permitted, where the proceeds of such issues can be confirmed as having a positive environmental impact. Financial derivative instruments, money-market instruments and cash may not adhere to this approach.

The Fund aims to achieve a combination of income and growth by investing in bonds with a maturity of up to 5 years. The Fund aims to outperform the Bloomberg Global Aggregate Corporate Bond 1- 5 Year ex Subordinated (hedged to USD) benchmark (before charges).