Business Description
Abrdn Australia Equity Fund Inc. is a US-based closed-end fund that focuses on publicly traded companies across a range of industries in Australia. Managed by Aberdeen Standard Investments, the fund selects stocks through careful research into factors such as growth potential, management quality, competitive positioning, and financial performance. Its results are measured against the S&P ASX 200 Accumulation Index. Originally founded in 1985 under the name The First Australia Fund Inc., the fund has operated for nearly four decades.
