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From November, our fund will be able to invest in developed markets in Asia, excluding Japan and we’ll be updating our fund description to reflect this.
These changes are shown in the table below:
| Fund name Standard Life Sustainable Index Asia Pacific (ex Japan) Equity Pension Fund (Fund code – PECB). |
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| Current fund description | New fund description |
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The SL Sustainable Index Asia Pacific ex Japan Equity Pension Fund invests primarily in the PUTM ACS Sustainable Index Asia Pacific ex Japan Equity Fund. The aim of the PUTM ACS Sustainable Index Asia Pacific ex Japan Equity Fund is summarised below. The fund aims to provide a total return (a combination of capital growth and income), delivering an overall return in line with the MSCI AC Asia Pacific ex Japan Select ESG Climate Solutions Target Index (the “Index”), before management fees and expenses. The Index aims to reflect the performance characteristics of a subset of equity securities within the MSCI Asia Pacific ex Japan Index (the “Parent Index”) and is constructed using an optimisation process which seeks to increase exposure to positive environmental, social and governance (ESG) factors including minimising the carbon exposure and increasing clean technology solutions exposure. The fund aims to achieve this objective by investing at least 90% of the portfolio in equities and equity related securities of companies that are constituents of the Index in approximate proportion to their weightings in the Index. All securities in the fund must be equity or equity related securities considered either large or midcap across the Asia Pacific region, with the exclusion of Japan. The fund may also invest in other transferable securities, money-market instruments, deposits, cash and near cash and other collective investment schemes. Derivatives will be used for efficient portfolio management only. 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 sterling value of overseas assets held in the fund may rise and fall as a result of exchange rate fluctuations. |
The SL Sustainable Index Asia Pacific ex Japan Equity Pension Fund invests primarily in the PUTM ACS Sustainable Index Developed Asia ex Japan Equity Fund. The aim of the PUTM ACS Sustainable Index Developed Asia ex Japan Equity Fund is summarised below. The fund aims to provide a total return (a combination of capital growth and income), delivering an overall return in line with the FTSE Developed Asia Pacific ex Japan Phoenix Climate Aligned Index (the “Index”), before management fees and expenses. The fund aims to achieve this objective by investing at least 90% of the portfolio in equities and equity related securities of companies that are constituents of the Index in approximate proportion to their weightings in the Index. All securities in the fund must be equity or equity related securities considered either large or midcap across the Developed Asia Pacific region, with the exclusion of Japan. The fund may also invest in other transferable securities, money-market instruments, deposits, cash and near cash and other collective investment schemes. Derivatives will be used for efficient portfolio management only. 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 sterling value of overseas assets held in the fund may rise and fall as a result of exchange rate fluctuations. |
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