id
Aberdeen is simplifying its fund range. It’s planning to merge two of its funds which have a similar investment objective.
As a result, we’ll be updating our fund name and description for the following funds:
- SL abrdn Europe ex UK Equity Pension Fund (Fund code – BBNH)
- SL abrdn Europe ex UK Equity Life Fund (Fund code - KNKF)
This update will take place from 27 November 2026. You can see details of the current and replacement fund names and fund descriptions in the tables at the bottom of this page.
We’ll be updating our fund factsheets to reflect these changes. These will be available on standardlife.co.uk/fundinfo updated.
Fund details
| Current fund name (fund code) | Updated fund name (fund code) |
|---|---|
| SL abrdn Europe ex UK Equity Pension Fund (fund code – BBNH) | SL abrdn Europe ex UK Income 2 Equity Pension Fund (fund code – BBNH) |
| Current fund description | Updated fund description |
| The SL abrdn Europe ex UK Equity Pension Fund invests primarily in the abrdn Europe ex UK Equity Fund. The aim of the abrdn Europe ex UK Equity Fund is summarised below. To generate growth over the long term (5 years or more) by investing in European equities (company shares). Performance Target: To achieve a return in excess of the FTSE World Europe ex UK Index over rolling five year periods (after charges). There is no certainty or promise that the Performance Target will be achieved. Performance Comparator: The Investment Association Europe excluding UK Equity Sector Average. The FTSE World Europe ex UK Index (the "Index") is a representative index of the European (excluding UK) stock market. The Investment Association Europe excluding UK Equity Sector Average (the "Sector") is a representative group of investment funds with a focus on European (excluding UK) equities. The value of any investment can fall as well as rise and is not guaranteed - you may get back less than you pay in. |
The SL abrdn Europe ex UK Income 2 Equity Pension Fund invests primarily in the abrdn Europe ex UK Income Equity Fund. The aim of the abrdn Europe ex UK Income Equity Fund is summarised below. The fund aims to provide income and some capital growth over the longer term by investing predominantly in the shares of companies listed on European stock markets, excluding the UK. The fund typically holds a concentrated portfolio of stocks and may also hold a proportion in government, corporate and other bonds to supplement the income of the fund. The fund is actively managed by our investment team, who will select stocks to try to take advantage of opportunities they have identified. The value of any investment can fall as well as rise and is not guaranteed – you may get back less than was paid in. |
| Current fund name (fund code) | Updated fund name (fund code) |
|---|---|
| SL abrdn Europe ex UK Equity Life Fund (Fund code – KNKF) | SL abrdn Europe ex UK Income Equity Life Fund (fund code – KNKF) |
| Current fund description | Updated fund description |
| The SL abrdn Europe ex UK Equity Life Fund invests primarily in the abrdn Europe ex UK Equity Fund. The aim of the abrdn Europe ex UK Equity Fund is summarised below. To generate growth over the long term (5 years or more) by investing in European equities (company shares). Performance Target: To achieve a return in excess of the FTSE World Europe ex UK Index over rolling five year periods (after charges). There is no certainty or promise that the Performance Target will be achieved. Performance Comparator: The Investment Association Europe excluding UK Equity Sector Average. The FTSE World Europe ex UK Index (the "Index") is a representative index of the European (excluding UK) stock market. The Investment Association Europe excluding UK Equity Sector Average (the "Sector") is a representative group of investment funds with a focus on European (excluding UK) equities. The value of any investment can fall as well as rise and is not guaranteed - you may get back less than you pay in. |
The SL abrdn Europe ex UK Income Equity Life Fund invests primarily in the abrdn Europe ex UK Income Equity Fund. The aim of the abrdn Europe ex UK Income Equity Fund is summarised below. The fund aims to provide income and some capital growth over the longer term by investing predominantly in the shares of companies listed on European stock markets, excluding the UK. The fund typically holds a concentrated portfolio of stocks and may also hold a proportion in government, corporate and other bonds to supplement the income of the fund. The fund is actively managed by our investment team, who will select stocks to try to take advantage of opportunities they have identified. The value of any investment can fall as well as rise and is not guaranteed – you may get back less than was paid in. |