Aberdeen International Fund PLC Aberdeen Accumulation Fund ...

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Proposed integration of Aberdeen International Fund PLC and Aberdeen Accumulation Fund PLC into Aberdeen Global More and more individuals are looking to their investments to provide for their financial needs and expectations. And with it comes the challenge for the world’s major fund managers to provide fund ranges that maximise investment opportunities. Over recent years the award-winning sub-funds of Aberdeen Global have proved highly attractive investments for professional wealth managers and private clients domiciled throughout Europe. And with good reason. What are the benefits to investors By developing and consolidating funds in Luxembourg, Aberdeen Asset Managers are able to take advantage of the international status of one of the world’s leading investment centres with funds distributed in more than 140 countries around the world. Through the international distribution opportunities presented by Luxembourg, Aberdeen Global Funds are registered for sale in 11 countries from as far afield as Hong Kong and Taiwan, to more local markets in Europe. Investors in Aberdeen Global’s range of funds have the opportunity to benefit from being part of one of Europe’s most dynamic and thriving fund ranges designed to meet the demanding requirements of a truly international audience: • the funds are based in Luxembourg – one of the world’s leading investment fund centres • the fund will continue to offer the simplicity and clear charging structure of ‘single pricing’ • investors have a choice of up to 21 funds • retail and institutional share classes provide for every size of investment As a modern fund range with a global perspective, the Directors of each Company are proposing that the sub-funds of Aberdeen International and Aberdeen Accumulation fund ranges be integrated into Aberdeen Global. As this comparison shows, Aberdeen Global funds offer many advantages: Fund range Structure Investment Share choice classes Aberdeen simple 13 sub funds A shares International ‘single pricing’ acc and inc and Aberdeen structure Accumulation Aberdeen simple, 21 sub funds A, D & I Global ‘single pricing’ shares structure acc and inc In addition, the combining of fund ranges and new investments from around the world will create significant administrative and trading efficiencies – all of which contribute to the funds’ profitability, and returns to investors. When will the integration happen Investors receive Proxy Form Completed Proxy Forms must be received by Extraordinary General Meeting Investors receive confirmation of resolution Nov 2005 Dec 2005 Jan 2006 Feb 2006 Mar 2006 April 2006 ̌ 19 Dec 21 Dec ̌ If resolution passed: Funds to be integrated by Investors receive confirmation of new holdings ̌ ̌ | 2 | A Summary
Timetable of Amalgamation At the Extraordinary General Meeting (EGM) held on the 21 December 2005 individual voting took place for each fund. A majority in favour determined that the resolution to integrate a fund was passed. All Shareholders were notified of the result of the resolution. The funds will be integrated into Aberdeen Global on 24 March 2006. Shortly thereafter all investors will receive a statement of their new holdings and a new Global Account Number. Shareholders in the sub-funds of Aberdeen International will be integrated into the equivalent sub-fund of Aberdeen Global. In exchange for their existing shares, holders will receive an equivalent allotment (by value) of new Class D shares. The sterling denominated Class D shares will have UK distributor status (see page 7). Shareholders in the sub-fund of Aberdeen Accumulation will be integrated into the sub-fund of Aberdeen Global. In exchange for their existing shares, holders will receive an equivalent allotment (by value) of new Class A shares. Class A shares are denominated in the base currency of the specific sub-fund, in this case sterling. Further details of other share classes available to investors can be found in the Prospectus. If you would like further information or to discuss any aspect: • contact your financial adviser, or • call Aberdeen International Management Ireland Limited on 0800 269 240 (UK shareholders) and 00 353 1612 6495 (non-UK shareholders) or e-mail us at customerservices@aberdeen-asset.com Latest time for dealing in Shares up to 12 noon on 22 March 2006 Effective Time 12 noon on 24 March 2006 Effective Date 24 March 2006 Commencement of dealing in Sterling Shares 10 am (UK time) on 28 March 2006 Date of despatch of letters confirming within 21 days of the Effective Time shareholding in Continuing Fund Date for paying final dividend 24 April 2006 1 24 May 2006 2 1 Fixed Interest Opportunities Fund, Sterling Corporate Bond Fund. 2 Asia Pacific Fund, Asian Smaller Companies Fund, China Opportunities Fund, Emerging Markets Fund, European Opportunities Fund, High Yield Bond Fund, India Opportunities Fund, Technology Fund, UK Opportunities Fund, World Bond Fund. What will be the specific changes to my current investment Aberdeen International and Aberdeen Global Aberdeen Accumulation Fund Incorporation Dublin Luxembourg Fund structure simple ‘single’ pricing structure Investment team the same Investment team locations the same Fund objective the same Charges similar – see Q&As Dividend frequency the same Registered holding own name Investments in Aberdeen International and Aberdeen Accumulation are managed by Aberdeen International Management Ireland Limited, a subsidiary of Aberdeen Asset Management PLC. Information for bond fund investors only During the fund integration process those bond fund investors that have a direct holding in one or both of Aberdeen International and Aberdeen Accumulation will be mailed details on the European Union Savings Directive. It will provide relevant investors with the opportunity to elect to pay withholding tax on distributions or redemptions in Luxembourg. Alternatively, investors may agree to the transmission of information Following the amalgamation of the Funds into Aberdeen Global the manager will change to Aberdeen International Fund Managers Limited, which is also a subsidiary of Aberdeen Asset Management PLC. regarding their identity and interest income, declared via Luxembourg authorities, to the relevant revenue commissions in the country of residence and, as a consequence, no withholding tax will be applied. Equity fund investors are expected to be out of scope in relation to the European Union Savings Directive. A Summary | 3 |
Page 1: Important information for investors
Page 5 and 6: Fund Manager Asia Pacific Team Asia
Page 7 and 8: Glossary UK Distributor Status - Ab

Aberdeen International Fund PLC Aberdeen Accumulation Fund ...

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