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abrdn Global Infrastructure Fund Q4 2025 Commentary

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⚡ Quantum Brief
The abrdn Global Infrastructure Fund surpassed its benchmark in Q4 2025, delivering strong returns across all share classes by December 31, 2025. Loma Negra, an Argentine cement producer, emerged as the top individual stock contributor, driving gains amid regional economic conditions. Energy investments prioritized high-quality midstream firms with long-term, gas-focused take-or-pay contracts, reflecting a strategic shift toward stable revenue streams. The fund’s institutional class led performance metrics, reinforcing its appeal to large-scale investors seeking infrastructure exposure. Managed by Aberdeen Standard Investments, the fund leverages 1,000+ professionals and $669.1 billion in assets to support global clients.
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Aberdeen Asset Management168 FollowersFollow5ShareSavePlay(9min)CommentsSummaryThe abrdn Global Infrastructure Fund outperformed its benchmark in the fourth quarter of 2025.In terms of individual stock positive contributors, Loma Negra Compania Industrial Argentina, the Argentinian cement company, performed strongly.The focus within energy remains on high-quality midstream businesses with long-term take-or-pay contracts, particularly those exposed to gas. Pla2na/iStock via Getty Images Fund performance The abrdn Global Infrastructure Fund (AIAFX) outperformed its benchmark in the fourth quarter of 2025. 1 Total Returns (as of 12/31/25) Class A w/o sales charges Class A with sales charges Institutional Class This article was written byAberdeen Asset Management168 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

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