Aberdeen Global Equity Impact Fund Class A (JETAX) is a mutual fund that seeks long-term capital appreciation by investing primarily in equity securities of companies worldwide that meet specific environmental, social, and governance (ESG) impact criteria. The fund offers exposure to global equities across various sectors, including technology, healthcare, consumer goods, and financials; it emphasizes companies demonstrating positive societal impact through sustainable practices, such as renewable energy adoption, ethical labor standards, and community development initiatives. Managed actively by Aberdeen's investment team, the Class A shares feature a front-end sales load and are targeted at retail investors seeking ESG-aligned portfolios with a focus on developed and emerging markets in North America, Europe, Asia-Pacific, and Latin America.
Established as part of Aberdeen Standard Investments' suite of sustainable funds (with roots tracing back to Aberdeen Asset Management founded in 1983 and headquartered in Philadelphia, Pennsylvania, under abrdn plc), the fund integrates proprietary impact measurement tools to select holdings like Microsoft Corp., Schneider Electric SE, and Unilever PLC. Geographically, it operates with approximately 60% allocation to U.S. and European equities, 25% to Asia ex-Japan, and the balance in emerging markets and cash equivalents. The fund serves institutional and individual investors prioritizing measurable impact alongside financial returns, with assets under management fluctuating around $50-100 million based on recent filings.