LongBANBJune 30, 2026

abrdn International Small Cap Active ETF on Bachem Holding AG

Thesis

Bachem specialises in peptide manufacturing. The fund believes the company is well positioned to participate in the rapid expansion of GLP-1 drugs and obesity treatments. This end-market growth provides the basis for the fund's long-term investment case.

The company specialises in peptide manufacturing and is well positioned to benefit from the rapid expansion of the GLP-1 and obesity treatment market.
abrdn International Small Cap Active ETF — abrdn International Small Cap Active ETF Quarterly Commentary