Aberdeen Standard SICAV I - Global Innovation Equity Fund A Acc GBP
Aberdeen Standard SICAV I (SICAV domiciled in Luxembourg)
Key Information
Legal Documents

Fund Profile

Category: SICAV

Investment Objective The Fund aims to provide long term growth by investing at least two- thirds in companies listed globally of all sizes whose business models are focused on and/or benefit from all forms of innovation. The Fund aims to outperform the MSCI AC World Index (USD) benchmark before charges. Investment Policy Portfolio Securities The Fund will invest at least two-thirds in equities and equity related securities or companies on registered stock exchanges. The Fund may also invest in other funds (including those managed by Aberdeen Standard Investments) and money-market instruments, and cash. Management Process The Fund is actively managed. The Fund looks to invest in the impact of innovation by breaking it into five pillars: How we live, How me make, How we save and spend, How we work and How we play, which are key pillars of human activity. By considering the impact of innovation via the five pillars, the Fund then looks to invest in companies that are using innovation to “improve” their businesses, “disrupt” existing businesses and “enable” innovation to occur. The benchmark is used as a reference point for portfolio construction and as a basis for setting risk constraints. In order to achieve its objective, the Fund will take positions whose weightings diverge from the benchmark or invest in securities which are not included in the benchmark. The investments of the Fund may deviate significantly from the components and their weightings in the benchmark. Due to the active nature of the management process, the Fund's performance profile may deviate significantly from that of the benchmark over the longer term. Derivatives and Techniques Derivatives will only be used for hedging or to provide exposures that could be achieved through investment in the assets in which the Fund is primarily invested. Usage of derivatives is monitored to ensure that the Fund is not exposed to excessive or unintended risks. 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. Recommendation: the fund may not be appropriate for investors who plan to withdraw their money within five years. Investors should satisfy themselves that their attitude to risk aligns with the risk profile of this fund before investing.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Risk and reward profile
Lower Risk
Possible Lower
Higher Risk
Possible Higher
Key Information
Closing Price 21/09/20207.43
Morningstar categorySector Equity Technology
Distribution statusAccumulating
Inception Date28/03/2006
Minimum initial amount100.00 GBP
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge1.94% of which 0.88% is paid to MeDirect
Fund management company
AddressAberdeen Standard Investments Luxembourg S.A. 35a Avenue John F Kennedy Luxembourg L-1855 Luxembourg
Manager NameNot Disclosed
Manager Start Date15/02/2000
Total Net Assets (mil)257.57 GBP (31/08/2020)
AdministratorBNP Paribas Securities Services (Lux)


en 01/07/2020
Annual Report
en 30/09/2019
Semi Annual Report
en 31/03/2020
Morningstar Report


Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
The performance in euro can be lower or higher than the performance in the currency of denomination of the fund due to fluctuations in exchange rates.
Annualised performance in GBP
PeriodAnnualised returnDate
1 year33.93%21/09/2020
3 years21.09%21/09/2020
5 years22.15%21/09/2020
10 years14.43%21/09/2020
Since launch8.69%21/09/2020
Cumulative performance in GBP
YTD 01/01/202027.27
1 month1.50
3 months5.42
6 months41.18
Quarterly Returns
Q 1Q 2Q 3Q 4

Asset Allocation
% Long% Short% Net Assets
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
Sharpe Ratio
Sortino Ratio
Positive Months8.0023.0040.00
Negative Months4.0013.0020.00
Worst Month-6.89-10.12-10.12
World Regions
United States56.86
Asia - Emerging8.87
Asia - Developed8.25
Middle East3.11
United Kingdom2.89
Europe - ex Euro1.99
Stock Sector Weighting
Sector% of Equity
Communication Services12.80
Financial Services10.58
Consumer Cyclical
Top 10 Holdings
HoldingSectorCountry% of Assets
Microsoft Corp TechnologyUnited States8.05
Visa Inc Class A Financial ServicesUnited States6.37
Amazon.com Inc Consumer CyclicalUnited States5.14
Tencent Holdings Ltd Communication ServicesChina5.04
Alphabet Inc A Communication ServicesUnited States4.84
Adobe Inc TechnologyUnited States4.28
Mastercard Inc A Financial ServicesUnited States4.22
NVIDIA Corp TechnologyUnited States4.08
Autodesk Inc TechnologyUnited States3.78
Apple Inc TechnologyUnited States3.71
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Equity Style
Closing Price
All key information and documents must be reviewed before being able to Invest.