abrdn Emerging Markets ex-China Fund (abrdn Emerging Markets ex-China) Fonds

The fund will invest primarily in common stocks, but may also invest in other types of equity securities, including, but not limited to, preferred stock and depositary receipts. As a non-fundamental policy, under normal circumstances, it invests at least 80% of the value of its net assets, plus any borrowings for investment purposes, in equity securities of emerging market (excluding China) companies. The fund may invest in securities of any market capitalization, including small and mid-cap securities.