Aberdeen U.S. Mid Cap Equity Fund
Data updated: 2021-03-30
C000166725 — Aberdeen U.S. Mid Cap Equity Fund. Developed ex-US Mid Cap Blend / Core Equity · $2.46M AUM. Holdings, fees, performance and SEC filings.
C000166725 Fund Overview
Aberdeen U.S. Mid Cap Equity Fund is a US mutual fund managed by abrdn Funds, categorised as Developed ex-US Mid Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: abrdn Funds
- Category: Developed ex-US Mid Cap Blend / Core Equity
- Assets under management: $2.46M
- 1-year return: 26.8%
- SEC CIK: 0001413594
- SEC series ID: S000053020
- Share class ID: C000166725
C000166725 Investment Objective and Strategy
Aberdeen U.S. Mid Cap Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by abrdn Funds.
Investment objective
The Aberdeen U.S. Mid Cap Equity Fund (the U.S. Mid Cap Equity Fund or the Fund) seeks long-term capital appreciation.
Principal investment strategy
As a non-fundamental policy, under normal circumstances, the Fund invests at least 80% of the value of its net assets, plus any borrowings for investment purposes, in equity securities issued by U.S. mid-cap companies. A company is considered to be a U.S. company if Fund management determines that the company meets one or more of the following criteria: the company is organized under the laws of, or has its principal office in the United States; has its principal securities trading market in the United States; and/or derives the majority of its annual revenue or earnings or assets from goods produced, sales made or services performed in the United States. The Fund considers mid-cap companies to be companies that have market capitalizations similar to those of companies included in the Russell Midcap Index at the time of investment.
The range of market capitalization of the Russell Midcap Index was $393 million to $36.68 billion, with a median of $7.65 billion, as of December 31, 2017. Some companies may outgrow, or decrease in size below, the definition of a mid-cap company after the Fund has purchased their securities or may no longer fall within the range of a reconstituted index. These companies will continue to be considered mid-cap for purposes of the Funds minimum 80% allocation to U.S. mid-cap company equities. The Fund also may invest up to 20% of its net assets in the aggregate in foreign securities and securities of smaller or larger companies. Equity securities include, but are not limited to, common stock, preferred stock and depositary receipts. If the Fund changes its 80% investment policy it will notify shareholders at least 60 days before the change and, if necessary, will change the name of the U.S.
Mid Cap Equity Fund. While the Fund may sell a security if its market capitalization exceeds or falls below the definition of mid-cap company, it is not required to sell solely because of that. The Fund may invest in securities of any market sector and may hold a significant amount of securities of companies, from time to time, within a single sector. The Fund may invest in securities denominated in U.S. Dollars and the currencies of any foreign countries in which it is permitted to invest. The Fund typically has full currency exposure to those markets in which it invests. The Fund invests predominantly in securities of U.S. issuers and may invest to a limited extent in Canadian issuers. In carrying out the Funds investment strategies, the Adviser employs a fundamental, bottom-up equity investment process, which is based on first-hand research and disciplined company evaluation.
Stocks are identified for their long-term, fundamental value based on quality and price. ESG (Environmental, Social and Governance) analysis is fully integrated into investment decisions for all equity holdings. As such, the Adviser evaluates ESG factors as part of the investment analysis process and this forms an integral component of the Advisers quality rating for all companies.
C000166725 Performance
Total returns for C000166725 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 26.8% |
C000166725 Risk Information
Risk metrics for C000166725, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 27.1%
C000166725 Costs and Fees
C000166725 costs about $200 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.00%
- Gross expense ratio: 11.05%
- Portfolio turnover: 50%
- Brokerage commissions: 3.57 bps of average net assets (SEC N-CEN)
C000166725 Cashflows
Over the 12 months to 2021-01, Aberdeen U.S. Mid Cap Equity Fund had net inflows of $153.43K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-01 | −$53.81K |
| 2020-12 | $172.36K |
| 2020-11 | $59 |
| 2020-10 | −$13.40K |
| 2020-09 | −$43 |
| 2020-08 | $27.70K |
C000166725 Debt Constituents
No individual debt constituents are reported in Aberdeen U.S. Mid Cap Equity Fund's latest SEC N-PORT filing.
C000166725 Prospectus and SEC Filings
Official Aberdeen U.S. Mid Cap Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-03-19
- Prospectus (485BPOS) — filed 2019-03-21
- Prospectus (485BPOS) — filed 2018-03-21
- Portfolio holdings (N-PORT) — filed 2021-03-30
- Portfolio holdings (N-PORT) — filed 2020-12-21
- Portfolio holdings (N-PORT) — filed 2020-09-24
- Annual census (N-CEN) — filed 2021-01-14
- Annual census (N-CEN) — filed 2020-01-13
Related Funds
Other Developed ex-US Mid Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.