abrdn International Small Cap Active ETF on Koninklijke Heijmans N.V.
Thesis
The fund initiated a position in Koninklijke Heijmans to gain exposure to structural growth drivers in the Netherlands. Housing shortages provide a sustained need for construction activity. Rising infrastructure and electricity-grid investment provide additional long-term demand drivers for the business.
“The company provides focused exposure to structural growth drivers in the Netherlands, including housing shortages and increasing infrastructure and electricity grid investment.”