Abrdn Emerging Markets Dividend Active ETF Q2 2026 Commentary

The Fund rose by 24.31% over the quarter, while the benchmark gained 24.15%. The company remains well placed to capture AI-related demand. On the flip side, our holdings in Indonesia came under pressure amid rupiah weakness, policy uncertainty and MSCI's decision to delay the country's market status review. Emerging market equities advanced in the second quarter, outperforming developed markets as global risk appetite improved. Our investment focus is on three structural developments – technology as a platform, infrastructure and domestic brands – which we believe will drive sustained earnings growth across EMs. Funtap/iStock via Getty Images Fund performance The Fund rose by 24.31% over the quarter, while the benchmark gained 24.15%. At the stock level, the exposure to Taiwanese fabless semiconductor design firm MediaTek contributed favourably. The company reported better-than-expected first-quarter results, while investor