With effect from 2 December 2024, we’re updating the fund description of the SL abrdn UK Ethical Equity Pension Fund (Fund code – JJNN). 

Following a review, abrdn are updating the investment objective and policy of their fund. Standard Life is making changes to our fund in line with these changes. 

The previous and new fund details are shown in the table below.  

Fund name
SL abrdn UK Ethical Equity Pension Fund (Fund code – JJNN)
Current fund description New fund description

The SL abrdn UK Ethical Equity Pension Fund invests primarily in the abrdn UK Ethical Equity Fund. The aim of the abrdn UK Ethical Equity Fund is summarised below. 

The fund aims to provide long term (5 years or more) growth by investing in a diversified portfolio of UK equity assets that meet our strict ethical criteria. The fund manager will exclude companies which fail to meet the ethical criteria whilst seeking to include companies whose business activities are regarded as making a positive contribution to society. The fund will invest at least 70% in companies that the abrdn ESG House Score quantitatively identifies as having preferred ESG characteristics in a global context. This analysis covers areas such as human rights, labour rights, environmental safeguards and combating bribery and corruption. 

For more information on the ethical criteria, please see the abrdn UK Ethical Equity Fund Investment Approach document. 

This document is created by abrdn. Standard Life does not control or take any responsibility for the content of this. 

The value of any investment can fall as well as rise and is not guaranteed – you may get back less than was paid in. 

The fund may use derivatives for the purposes of efficient portfolio management, reduction of risk or to meet its investment objective if this is permitted and appropriate. 

The SL abrdn UK Ethical Equity Pension Fund invests primarily in the abrdn UK Ethical Equity Fund. The aim of the abrdn UK Ethical Equity Fund is summarised below. 

The fund aims to provide long term (5 years or more) growth by investing in a diversified portfolio of UK equity assets that meet our strict ethical criteria. The fund manager will exclude companies which fail to meet the ethical criteria whilst seeking to include companies whose business activities are regarded as making a positive contribution to society. The fund will invest at least 70% in equities and equity related securities of companies listed, incorporated, or domiciled in the UK or companies that derive a significant proportion of their revenues or profits from UK operations or have a significant proportion of their assets there, the fund may invest up to 20% in non-UK listed companies. The fund may also invest in other funds (including those managed by abrdn), money-market instruments, and cash. 

All investments will adhere to the abrdn UK Ethical Equity Investment Approach.  

For more information on the ethical criteria, please see the abrdn UK Ethical Equity Fund Investment Approach document.

This document is created by abrdn. Standard Life does not control or take any responsibility for the content of this. 

The value of any investment can fall as well as rise and is not guaranteed – you may get back less than was paid in. 

The fund may use derivatives for the purposes of efficient portfolio management, reduction of risk or to meet its investment objective if this is permitted and appropriate.


   

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