Both funds closed on 8 August, and had become too small to be commercially viable, the firm told shareholders in two respective letters.
Regarding the China A Share Equity fund, abrdn said the vehicle had experienced outflows and a “gradual decline” in its net asset value down to around £8.2m as of 29 February.
This had fallen further to £5.7m as at 31 July, according to the fund’s factsheet.
Fidelity closes UK-domiciled Sustainable Water & Waste fund after less than five years
“Small funds face a number of operating difficulties as they are unable to benefit from economies of …
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