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15 important things you should know about Aberdeen GLLAX mutual fund

Updated: September 28, 2020
N/A
Bull Case
  • No Bull case arguments for now!
Bear Case
  • Low net assets
  • 3-year return below the benchmark
  • 5-year return below the benchmark
  • 10-year return below the benchmark
  • 15-year return below the benchmark
  • High expense ratio
  • Sales load and/or distribution fees

Before we start: if you’re looking for GLLAX “stock” price, you can quickly find it out by visiting Finny and typing "GLLAX quote". If you’re looking for a quick scoop on GLLAX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "GLLAX". You’ll get all this info in one place.

Are you looking to buy or sell GLLAX? Or perhaps you’re looking for GLLAX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this GLLAX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: GLLAX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: GLLAX buy or sell; the pros and cons of investing in GLLAX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to GLLAX.

And here is the list of questions we’ll answer:

  1. Describe Aberdeen Funds: Aberdeen Global Equity Fund; Class A Shares (GLLAX).
  2. What are GLLAX holdings?
  3. What is GLLAX performance? What are GLLAX historical returns?
  4. How many up and down years did GLLAX have historically?
  5. What is GLLAX dividend yield?
  6. What is GLLAX minimum initial investment amount?
  7. What is GLLAX expense ratio?
  8. Does GLLAX have any sales loads or 12b-1 distribution expenses?
  9. What is GLLAX tax efficiency (tax-cost ratio)?
  10. What is GLLAX beta? How would you assess GLLAX risk?
  11. What is GLLAX Sharpe ratio?
  12. What is GLLAX Finny Score? GLLAX buy or sell?
  13. What are the pros of investing in GLLAX? What are GLLAX buy reasons?
  14. What are the cons of investing in GLLAX? What are GLLAX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe Aberdeen Funds: Aberdeen Global Equity Fund; Class A Shares (GLLAX).

The Fund seeks long-term growth of capital. The Fund invests 80% of its net assets in equity securities issued by companies located throughout the world (including the U.S.), defined as companies with strong and improving franchise that are well positioned to take advantage of growth opportunities in their industries.

2. What are GLLAX top holdings?

GLLAX has 43 stock holdings and 0 bond holdings.

The top 10 holdings represent 34.85% of total assets. Here are the top holdings:

Name Symbol % Assets
Microsoft Corp MSFT 4.62%
Tencent Holdings Ltd 00700 4.35%
Visa Inc Class A V 4.29%
Autodesk Inc ADSK 3.68%
Taiwan Semiconductor Manufacturing Co Ltd ADR TSM.TW 3.38%
Alphabet Inc A GOOGL 3.03%
Roche Holding AG Dividend Right Cert. ROG 2.96%
AIA Group Ltd 01299.HK 2.87%
Keyence Corp 6861 2.85%
CME Group Inc Class A CME 2.82%

3. What is GLLAX performance? What are GLLAX historical returns?

GLLAX has generated the following returns:

  • 1-month return is -1.12%;
  • 3-month return is 5.82%;
  • 1-year return is 7.24%;
  • 3-year return is 4.24%;
  • 5-year return is 7.22%;
  • 10-year return is 5.72%;
  • 15-year return is 4.90%.

4. How many up and down years did GLLAX have historically?

In the last 10 years, GLLAX had 6 up years and 4 down years.

GLLAX up and down years

5. What is GLLAX dividend yield?

GLLAX yield is 0.62%.

6. What is GLLAX minimum initial investment amount?

GLLAX minimum initial investment amount is $3.00K.

7. What is GLLAX expense ratio?

GLLAX expense ratio is 1.53%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

GLLAX expenses

8. Does GLLAX have any sales loads or 12b-1 distribution expenses?

GLLAX 12b-1 distribution fee is 0.25. GLLAX front-end sales load is 5.75. GLLAX back-end sales load is 0.

9. What is GLLAX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 0.84%;
  • 3-year ax cost ratio is 1.75%.
GLLAX tax costs

10. What is GLLAX beta? How would you assess GLLAX risk?

  • 3-year beta is 0.92;
  • 5-year beta is 0.89;
  • 10-year beta is 0.87.
GLLAX Beta

11. What is GLLAX Sharpe ratio?

  • 3-year Sharpe ratio is 0.18;
  • 5-year Sharpe ratio is 0.26;
  • 10-year Sharpe ratio is 0.47.
GLLAX Sharpe ratio

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 0. Our quantitative analysis shows 0 reasons to buy and 7 reasons to sell it, resulting in the Finny Score of 0.

13. What are the pros of investing in GLLAX? What are GLLAX buy reasons?

We don't see any strong reasons to buy GLLAX.

14. What are the cons of investing in GLLAX? What are GLLAX negatives?

The following are GLLAX weaknesses from our perspective:

  • <strong>GLLAX net assets</strong> are $28.00 million. This fund is not a popular choice with retail investors.
  • <strong>GLLAX 3-year return</strong> is 4.24%, which is lower than the 3-year return of the benchmark index (MSCI ACWI NR USD), 6.71%.
  • <strong>GLLAX 5-year return</strong> is 7.22%, which is lower than the 5-year return of the benchmark index (MSCI ACWI NR USD), 9.37%.
  • <strong>GLLAX 10-year return</strong> is 5.72%, which is lower than the 10-year return of the benchmark index (MSCI ACWI NR USD), 8.53%.
  • <strong>GLLAX 15-year return</strong> is 4.9%, which is lower than the 15-year return of the benchmark index (MSCI ACWI NR USD), 6.46%.
  • <strong>GLLAX expense ratio</strong> is 1.53%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • Warning: this fund has a 12b1 and front-end sales fee. The maximum 12b1 fee is 0.25%, while the maximum front-end sales load is 5.75%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Front-end sales load, also known as sales charge, is a fee paid when mutual funds shares are purchased. Those fees are subtracted from your total investable assets.
In the GLLAX review, we covered GLLAX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
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