Aberdeen Investment Funds ICVC - Aberdeen Asset Management

Investment Objectives, Policies and Other Details of the Funds continued
ABERDEEN ASIA PACIFIC AND JAPAN FUND
Investment objective and policy:
The objective of the Fund is to achieve capital growth by investing in countries of the Asia Pacific region, including Japan.
Share classes in issue:
Share classes available for investment:
Income:
Initial issue of shares:
Please refer to Appendix III.
For up to date details of the share classes available for investment in this Fund, please
refer to www.aberdeen-asset.co.uk.
Income will be calculated annually as at 31 July with the appropriate allocation made
within 3 months of this date.
Shares were first issued pursuant to a scheme of arrangement with Aberdeen Asia Pacific
Unit Trust, an authorised unit trust, in respect of which Aberdeen Unit Trust Managers
Limited was the manager, on 21 April 2006.
Calendar Year Performance
Year to 31/12/10
%
Year to 31/12/09
%
Year to 31/12/08
%
Year to 29/12/07
%
Year to 29/12/06
%
38.18 38.18 -21.00 14.71 4.31
Source: Lipper,Basis: Total Return, NAV to NAV, UK Net Income Reinvested
The above performance figures are based on NAV to NAV prices. These performance figures are presented as a matter of historical
record. Performance is determined by many factors, not just the skill of the ACD or Investment Adviser, including the general
direction and volatility of markets and may not be repeatable. Past performance is not a guide to future rates of return. The latest
performance figures may be obtained from the ACD and at www.aberdeen-asset.co.uk.
Performance information is shown for a period of five years. On 21 April 2006 Aberdeen Asia Pacific Unit Trust converted into
Aberdeen Asia Pacific & Japan Fund, a new sub-fund of Aberdeen Investment Funds ICVC. The ongoing fund has a similar investment
objective to the historic fund. The historic performance figures are those of Aberdeen Asia Pacific Unit Trust.
Risk warnings appropriate to the Aberdeen Asia Pacific and Japan Fund
• The value of shares and the income from them can go down as well as up and you may get back less than the amount invested.
• Past performance is not a guide to the future.
• When cancellation rights apply and you exercise them, you may not get back the full amount invested if the share price falls
before written notice of the wish to cancel is received.
• Movements in exchange rates can impact on both the level of income received and the capital value of your investment. If the
currency in which you invest strengthens against the currency in which the underlying investments of the Fund are made the
value of your investment will reduce and vice versa.
• The annual management charge for the Fund will be charged to the Fund’s income account. If insufficient income is generated
by the Fund to cover the annual management charge, the balance will be deducted from the Fund’s capital and to that extent
will constrain capital growth.
• Derivatives may be used to hedge against various risks but may not be used for speculative purposes. The use of derivatives for
hedging in a rising market may restrict potential gains.
• The Fund may invest in emerging markets which tend to be more volatile than mature markets and the value of investment
could move sharply up or down. In some circumstances the Fund’s underlying investments may become illiquid which may
constrain the ability to realise some, or all, of the portfolio. Registration and settlement arrangements may be less developed
than in mature markets, increasing the operational risks. Political risks and adverse economic circumstances are more likely to
arise putting the value of investments at risk.
8 Aberdeen Investment Funds ICVC Prospectus November 2011