abrdn Focused Emerging Markets ex-China Fund
Name
As of 08/22/2025Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$41.2 M
Holdings in Top 10
51.1%
52 WEEK LOW AND HIGH
$16.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.94%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 17.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 08/22/2025Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
JETAX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.02%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal Nameabrdn Focused Emerging Markets ex-China Fund
-
Fund Family NameAberdeen
-
Inception DateOct 04, 1993
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDominic Byrne
Fund Description
The Focused Emerging Markets ex-China Fund will invest primarily in common stocks, but may also invest in other types of equity securities, including, but not limited to, preferred stock and depositary receipts. 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 of emerging market (excluding China) companies. The Fund will be managed pursuant to a “focused” strategy whereby the Adviser or abrdn Investments Limited (the “Sub-adviser”) will typically invest the Fund’s assets in a small number of issuers. Generally, the Fund expects to hold approximately 45 to 60 issuers.
A company is considered to be an emerging market (excluding China) company if Fund management determines that the company meets one or more of the following criteria:
| ● | the company is organized under the laws of an emerging market country (excluding China); |
| ● | the company has its principal office in, or management is located in, an emerging market country (excluding China); and/or |
| ● | the company has its principal securities trading market in an emerging market country (excluding China). |
An emerging market (excluding China) country is any country included in the MSCI Emerging Markets ex-China Index or determined by the Adviser or the Sub-adviser to have similar emerging market characteristics. At times, the Fund may have a significant amount of its assets invested in a country or geographic region, including through an exchange-traded fund or by any other available means, such as through American Depositary Receipts (“ADRs”) or Global Depositary Receipts (“GDRs”). The Fund currently anticipates that it will invest a significant amount of its assets in securities economically tied to Taiwan. The Fund may invest in securities denominated in U.S. Dollars and currencies of emerging market countries in which it is permitted to invest. The Fund typically has full currency exposure to those markets in which it invests.
The Fund may invest in securities of any market capitalization, including small and mid-cap securities.
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 currently anticipates that it will have significant exposure to the information technology and financials sectors.
In seeking to achieve the Fund’s investment objective, the Adviser and Sub-adviser invest in quality companies and are an active, engaged owners. The Adviser and Sub-adviser evaluate every company against quality criteria and build conviction using a team-based approach and peer review process. The quality assessment covers five key factors: 1) the durability of the business model, 2) the attractiveness of the industry, 3) the strength of financials, 4) the capability of management, and 5) the most material environmental, social and governance (“ESG”) factors impacting a company. Not every ESG factor may be identified or evaluated for every investment. ESG characteristics are not the only factors considered and, as a result, the issuers in which the Fund invests may not be issuers with favorable ESG characteristics or high ESG ratings. As ESG information is just one investment consideration, ESG considerations generally are not solely determinative in any investment decision made by the Advisers.
JETAX - Performance
Return Ranking - Trailing
| Period | JETAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | N/A | -35.6% | 29.2% | 84.12% |
| 1 Yr | N/A | 17.3% | 252.4% | 23.98% |
| 3 Yr | N/A* | -3.5% | 34.6% | 44.16% |
| 5 Yr | N/A* | 0.1% | 32.7% | 43.09% |
| 10 Yr | N/A* | -6.9% | 18.3% | 97.59% |
* Annualized
Return Ranking - Calendar
| Period | JETAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | -0.8% | -24.3% | 957.1% | 12.88% |
| 2024 | 5.4% | -38.3% | 47.1% | 35.78% |
| 2023 | -23.4% | -54.2% | 0.6% | 69.85% |
| 2022 | 12.9% | -76.0% | 54.1% | 15.67% |
| 2021 | 29.2% | -26.1% | 47.8% | 32.38% |
Total Return Ranking - Trailing
| Period | JETAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | N/A | -35.6% | 29.2% | 84.45% |
| 1 Yr | N/A | 11.4% | 252.4% | 22.05% |
| 3 Yr | N/A* | -3.5% | 34.6% | 41.36% |
| 5 Yr | N/A* | 0.1% | 32.7% | 41.21% |
| 10 Yr | N/A* | -6.9% | 18.3% | 97.40% |
* Annualized
Total Return Ranking - Calendar
| Period | JETAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | -0.8% | -24.3% | 957.1% | 12.88% |
| 2024 | 6.4% | -33.1% | 47.1% | 35.90% |
| 2023 | -19.7% | -44.4% | 1.8% | 79.14% |
| 2022 | 12.9% | -6.5% | 54.1% | 17.28% |
| 2021 | 29.7% | -14.4% | 47.8% | 33.17% |
NAV & Total Return History
JETAX - Holdings
Concentration Analysis
| JETAX | Category Low | Category High | JETAX % Rank | |
|---|---|---|---|---|
| Net Assets | 41.2 M | 199 K | 133 B | 76.64% |
| Number of Holdings | 47 | 1 | 9075 | 76.21% |
| Net Assets in Top 10 | 21 M | -18 M | 37.6 B | 76.21% |
| Weighting of Top 10 | 51.14% | 9.1% | 100.0% | 39.82% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co Ltd 11.56%
- iShares MSCI India ETF 9.71%
- Taiwan Semiconductor Manufacturing Co Ltd 5.73%
- Samsung Electronics Co Ltd 5.12%
- ICICI Bank Ltd 4.43%
- iShares MSCI India Small-Cap ETF 3.66%
- Grupo Mexico SAB de CV 3.03%
- Shinhan Financial Group Co Ltd 2.80%
- Larsen Toubro Ltd 2.55%
- Mahindra Mahindra Ltd 2.55%
Asset Allocation
| Weighting | Return Low | Return High | JETAX % Rank | |
|---|---|---|---|---|
| Stocks | 94.66% | 61.84% | 125.47% | 42.95% |
| Preferred Stocks | 5.12% | -0.01% | 5.28% | 86.56% |
| Cash | 0.53% | -174.70% | 23.12% | 51.54% |
| Other | 0.00% | -13.98% | 19.14% | 87.89% |
| Convertible Bonds | 0.00% | 0.00% | 4.46% | 85.46% |
| Bonds | 0.00% | -1.50% | 161.67% | 86.01% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | JETAX % Rank | |
|---|---|---|---|---|
| Healthcare | 19.33% | 0.00% | 35.42% | 25.44% |
| Industrials | 18.43% | 0.00% | 44.06% | 0.77% |
| Real Estate | 17.54% | 0.00% | 39.48% | 0.77% |
| Financial Services | 14.29% | 0.00% | 38.42% | 75.11% |
| Technology | 11.56% | 0.00% | 49.87% | 78.08% |
| Communication Services | 6.30% | 0.00% | 57.66% | 86.78% |
| Utilities | 5.56% | 0.00% | 29.12% | 16.96% |
| Basic Materials | 3.35% | 0.00% | 38.60% | 52.75% |
| Consumer Cyclical | 2.17% | 0.00% | 40.94% | 98.24% |
| Consumer Defense | 1.46% | 0.00% | 73.28% | 88.00% |
| Energy | 0.00% | 0.00% | 21.15% | 95.81% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | JETAX % Rank | |
|---|---|---|---|---|
| US | 56.81% | 0.13% | 103.82% | 91.19% |
| Non US | 37.84% | 0.58% | 99.46% | 7.60% |
JETAX - Expenses
Operational Fees
| JETAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.94% | 0.01% | 44.27% | 21.21% |
| Management Fee | 0.75% | 0.00% | 1.82% | 77.46% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 50.55% |
| Administrative Fee | N/A | 0.01% | 0.76% | 5.26% |
Sales Fees
| JETAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.75% | 2.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| JETAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| JETAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 17.00% | 0.00% | 395.00% | 38.19% |
JETAX - Distributions
Dividend Yield Analysis
| JETAX | Category Low | Category High | JETAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 3.26% | 85.89% |
Dividend Distribution Analysis
| JETAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Annually | Annually |
Net Income Ratio Analysis
| JETAX | Category Low | Category High | JETAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.02% | -4.27% | 12.65% | 61.93% |
Capital Gain Distribution Analysis
| JETAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 21, 2023 | $0.143 | OrdinaryDividend |
| Dec 21, 2022 | $0.661 | OrdinaryDividend |
| Dec 22, 2021 | $0.005 | CapitalGainLongTerm |
| Dec 22, 2020 | $0.058 | OrdinaryDividend |
| Dec 20, 2019 | $0.273 | OrdinaryDividend |
| Dec 20, 2018 | $0.184 | OrdinaryDividend |
| Dec 21, 2017 | $0.329 | OrdinaryDividend |
| Dec 22, 2016 | $0.156 | OrdinaryDividend |
| Dec 18, 2015 | $0.298 | OrdinaryDividend |
| Dec 19, 2014 | $0.516 | OrdinaryDividend |
| Dec 20, 2013 | $0.005 | OrdinaryDividend |
| Dec 27, 2012 | $0.245 | OrdinaryDividend |
| Dec 28, 2011 | $0.149 | OrdinaryDividend |
| Dec 29, 2010 | $0.229 | OrdinaryDividend |
| Dec 29, 2009 | $0.555 | OrdinaryDividend |
JETAX - Fund Manager Analysis
Managers
Dominic Byrne
Start Date
Tenure
Tenure Rank
Feb 28, 2019
3.25
3.3%
Dominic is Head of Global Equitiesand he is also co-manager of the SLI Global Equity Impact SICAV at Aberdeen Standard Investments. Dominic joined Standard Life in 2000 as part of our UK Equity Team. In December 2008, he joined the Global Equity Team and has managed a range of global equity strategies. In 2018, Dominic was appointed Deputy Head of Global Equity at Aberdeen Standard Investments. Dominic graduated with a MEng in Engineering Science and is a CFA charterholder.
Sarah Norris
Start Date
Tenure
Tenure Rank
Feb 28, 2019
3.25
3.3%
Sarah Norris is an Investment Director within the European Equity Team at Aberdeen Standard Investments. She is responsible for providing research coverage of the Healthcare Equipment & Services and Software & Computer Services sectors, and she is also a lead portfolio manager and co-portfolio manager of the management of the Global Equity Impact Strategy for Aberdeen Standard Investments. Sarah joined Standard Life in 2011 from Referendum Ready, a non-profit campaign that partnered with the Government of Southern Sudan Mission prior to independence. She continues to work with Impact Sudan, a non-profit organization based in the US that supports education and community development projects in South Sudan. Sarah graduated with a MA in in International Relations and MLitt Post Graduate studies, both from St Andrews University
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 35.82 | 6.24 | 1.25 |