Aberdeen have decided to close the SL abrdn Europe Ex UK Ethical Equity Pension Fund (fund code – FFBE).

As a result, we’ll be placing a suspension on our fund, and closing it from 18 September 2026. 

We’ve chosen to replace this fund with the closest suitable alternative available. You can see current and replacement fund details in the table below.

You’ll find more information on the replacement fund and our range of other funds at standardlife.co.uk/fund-filter

Current fund name Replacement fund name
SL abrdn Europe Ex UK Ethical Equity Pension Fund (fund code – FFBE) Standard Life Sustainable Index European Equity Pension Fund (fund code – PJLM)
Current fund description Replacement fund description

The SL abrdn Europe ex UK Ethical Equity Pension Fund invests primarily in the abrdn Europe ex UK Ethical Equity Fund. The aim of the abrdn Europe ex 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 European, excluding 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 European countries or companies that derive a significant proportion of their revenues or profits from European operations or have a significant proportion of their assets there. European countries can include the emerging markets of Europe, but excludes the UK.

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 details of abrdn’s approach can be found in abrdn’s fund prospectus which can be found on abrdn’s website http://www.abrdn.com/

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 sterling value of overseas assets held in the fund may rise and fall as a result of exchange rate fluctuations.

The SL Sustainable Index European Equity Pension Fund invests primarily in the PUTM ACS Sustainable Index European Equity Fund. The aim of the PUTM ACS Sustainable Index European 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 Europe ex UK Phoenix Climate Aligned Index (the “Index”), before management fees and expenses.

The fund aims to achieve its investment objectives, including the sustainability objective, by investing at least 90% of the portfolio in equities and equity related securities of companies across developed markets in Europe that are constituents of the Index in approximate proportion to their weightings in the Index. 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.