abrdn Emerging Markets Dividend Active ETF

AGEM

Market cap $89.8M

abrdn Emerging Markets Dividend Active ETF returned 15.56% over the quarter, outpacing the benchmark by 300 basis points. We sold iShares MSCI South Korea ETF to invest directly in the local market following our account opening. We expect the Fund's balanced exposure to high dividend and dividend growth businesses to support performance both in periods of market dislocation and greater optimism.

The abrdn Emerging Markets Dividend Active ETF fell by 6.84% but outperformed the benchmark by 108 basis points, driven by strong performance in Taiwan and resilient positions in India. Emerging markets faced challenges, including Trump's tariff threats and South Korea's political instability, but structural tailwinds and fiscal discipline remain supportive. New investments in Taiwan's Alchip Technologies and Delta Electronics, as well as AIA Group and China Construction Bank, reflect a focus on sustainable growth.