abrdn Focused U.S. Small Cap Active ETF

Frequently Asked Questions About AFSC

What does AFSC invest in?

AFSC is an actively managed fund of US small-caps from any market sector and industry. The fund seeks to achieve its objective by evaluating individual companies against its quality criteria, which are 1) the durability of the business model, 2) the attractiveness of the industry, 3) financial strength, 4) management's capability, and 5) ESG factors impacting a company. Through fundamental research, the adviser aims to select those companies whose quality and future prospects are not yet fully recognized by the market. The fund will focus on holding a small number of stocks, approximately 35 to 45 issuers. The fund may also invest in non-US companies, including primarily Canadian companies. AFSC was previously a mutual fund with $77 million in AUM prior to converting.

What is the expense ratio of AFSC?

abrdn Focused U.S. Small Cap Active ETF (AFSC) charges an expense ratio of 1.09%. This is the annual fee deducted from fund assets to cover management and operations.

How big is AFSC?

abrdn Focused U.S. Small Cap Active ETF (AFSC) manages $10.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is AFSC actively managed or an index fund?

AFSC is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (AFSC's is 1.09%) in exchange for the discretion to over- or under-weight positions.

When was AFSC launched?

abrdn Focused U.S. Small Cap Active ETF (AFSC) launched in December 1997 and is managed by Aberdeen Investments.

How has AFSC performed?

AFSC's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.