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Following a regular review of our investment offering, we’ve decided to close the SL abrdn UK Mid-Cap Equity Pension Fund (fund code - K6).
As a result, we’ve placed a suspension on this fund, and we’ll be closing it from 26 February 2026.
We’ve chosen to replace the fund with the closest suitable alternative we have. You can see details of the current and replacement fund names and fund codes in the table below.
We’ll be updating our fund factsheets to reflect the new investment objective.
| Current fund name | Replacement fund name |
| SL abrdn UK Mid-Cap Equity Pension Fund - Series 3 & 4 (fund code – K6) |
SL Schroder UK Mid 250 Pension Fund - Series 3 & 4 (fund code – KZ) |
| Current fund description | Replacement fund description |
|
The SL abrdn UK Mid-Cap Equity Pension Fund invests primarily in the abrdn UK Mid-Cap Equity Fund. The aim of the abrdn UK Mid-Cap Equity Fund is summarised below. The Fund aims to provide growth over the longer term (5 years or more) by investing at least 60% in the shares of medium sized 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 is actively managed and may also invest in smaller and larger capitalisation companies listed, incorporated, or domiciled in the UK. The fund may also invest in other funds (including those managed by abrdn), money-market instruments, and cash. 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 Schroder UK Mid 250 Pension Fund invests primarily in the Schroder UK Mid 250 Fund. The aim of the Schroder UK Mid 250 Fund is summarised below. The fund aims to provide long term capital growth in excess of the FTSE 250 ex Investment Trusts (Gross Total Return) index (after fees have been deducted) over a 3 to 5 year period by investing in equities of companies listed in the FTSE 250 ex Investment Trusts. The value of any investment can fall as well as rise and is not guaranteed – you may get back less than you pay in. |
| Current fund name | Replacement fund name |
| SL abrdn UK Mid-Cap Equity Pension Fund - Series 7 (fund code – K6) |
Standard Life UK Equity Pension Fund |
| Current fund description | Replacement fund description |
|
The SL abrdn UK Mid-Cap Equity Pension Fund invests primarily in the abrdn UK Mid-Cap Equity Fund. The aim of the abrdn UK Mid-Cap Equity Fund is summarised below. The Fund aims to provide growth over the longer term (5 years or more) by investing at least 60% in the shares of medium sized 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 is actively managed and may also invest in smaller and larger capitalisation companies listed, incorporated, or domiciled in the UK. |
The goal of this Fund is to achieve long-term growth by primarily investing in the shares of companies listed on the UK stock market. It does this by investing directly in shares or indirectly through other funds. These funds are not restricted to a particular fund manager or investment strategy and can be passively and/or actively managed. These funds can change from time to time without notice, to ensure the Fund continues to meet its goal. You can learn about our investment beliefs and how we reflect them in our investment approach at standardlife.co.uk/investments The value of investments within the Fund can fall as well as rise and is not guaranteed – you may get back less than was paid in. |