abrdn Australia Equity Fund Q4 2025 Commentary

Aberdeen Asset Management176 FollowersFollow5ShareSavePlay(9min)CommentsSummaryabrdn Australia Equity Fund portfolio returned 2.06% over the quarter on a net asset value basis, lagging the ASX 200's 7.33% return.Pro Medicus's share price weakened on softer order flows, with ResMed and Cochlear also weighing on results.Materials also lagged despite strong commodity prices, as the lack of exposure to Evolution Mining, South32 and Newmont Corporation detracted from performance. pamspix/iStock via Getty Images Fund performance The portfolio returned 2.06% over the quarter on a net asset value basis, lagging the ASX 200's 7.33% return. The gap was driven primarily by stock-specific weakness in healthcare and consumer discretionary, along with our materials positioning. This wasThis article was written byAberdeen Asset Management176 FollowersFollowAberdeen Standard Investments is a leading global asset manager dedicated to creating long-term value for clients. To achieve this, we offer a comprehensive range of investment capabilities, as well as the highest levels of service. Overall, we manage $669.1 billion* on behalf of clients in 80 countries. In managing these assets, we employ over 1,000 investment professionals and provide client support from over 40 client relationship offices globally.

The Aberdeen Standard Investments brand was created in connection with the merger of Aberdeen Asset Management PLC and Standard Life Plc on 14 August 2017 to form Standard Life Aberdeen plc.Follow us on our Thinking Aloud blog: https://www.aberdeenstandard.com/en-us/us/investor/insights-thinking-aloud*June 30, 2019