Aberdeen Investment Funds ICVC - Aberdeen Asset Management

Investment Objectives, Policies and Other Details of the Funds continued
ABERDEEN UK GILTS FUND A
Investment objective:
To maximise total return in sterling terms through a combination of growth and income.
Investment policy:
To invest in a diversified portfolio of sterling denominated fixed income securities. The Fund will invest primarily in securities issued
by the UK government, but may also hold other Investment grade securities. The ACD’s policy is not to generally employ derivatives,
although the Fund may use derivatives for efficient portfolio management and hedging.
Share classes in issue:
Share classes available for investment:
Income:
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 six-monthly as at 31 January and 31 July (final), with the
appropriate distributions or allocations made within 3 months of these dates.
Risk Warnings appropriate to Aberdeen UK Gilts 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.
• The annual management charge for the Fund will be deducted from the Fund’s capital. This may constrain the Fund’s future
growth or lead to erosion of capital.
• 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.
• Exposure to a single country market increases potential volatility.
• The value of a bond will fall in the event of the default or reduced credit rating of the issuer.
• Unlike income from a single bond, the level of income from the Fund is not fixed and will fluctuate.
• The underlying investments in the Fund are subject to interest rate risk and credit risk. Where long-term interest rates rise, the
capital value of bonds is likely to fall and vice versa. Credit risk reflects the risk of the bond issuer failing to meet its obligations
to pay interest and return the capital on redemption date.
A
This fund will be launched at a future date to be confirmed by the ACD.
30 Aberdeen Investment Funds ICVC Prospectus November 2011