ABN AMRO Funds - Aia.com.hk

Statement of Net Assets as at April 30, 2008
Global Equity
Value Fund
Global High
Dividend
Equity Fund
Global
Property
Equity Fund
Health Care
Fund
India Equity
Fund
Industrials
Fund
Information
Technology
Fund
EUR EUR USD EUR USD EUR EUR
Assets
- Investments at fair value 16,234,400 85,406,261 111,389,751 99,208,615 427,663,303 61,093,378 105,700,065
- Unrealised gain on written options 0 0 0 0 0 0 0
- Unrealised gain on forward foreign exchange
0 1,731,242 0 0 0 0 0
contracts
- Unrealised gain on swap contracts 0 0 0 0 0 0 0
- Unrealised gain on futures contracts 0 0 0 0 0 0 0
- Upfront fee paid on swap contracts 0 0 0 0 0 0 0
- Interest receivable on swap contracts 0 0 0 0 0 0 0
- Accrued interest 0 0 0 0 0 0 0
- Receivable for investment securities sold 0 1,303,347 265,568 1,745,102 134,759 296,323 5,771,467
- Dividends receivable 49,290 379,811 366,140 124,654 40,106 289,981 198,598
- Receivable for shares subscribed 21,870 31,008 65,875 69,622 2,663,117 76,660 316,901
- Premium paid on options purchased 0 0 0 0 0 0 0
- Other receivables 4,581 0 0 0 0 0 0
- Cash at banks 1,508,132 3,812,333 1,631,486 1,645,074 37,202,857 1,563,231 4,395,346
Total Assets 17,818,273 92,664,002 113,718,820 102,793,067 467,704,142 63,319,573 116,382,377
Liabilities
- Bank overdraft 0 124 109 2,436 378 0 3,034,101
- Premium received on written options 0 0 0 0 0 0 0
- Payable for investment securities purchased 0 1,345,784 378,057 0 0 0 4,128,009
- Payable for shares redeemed 24,978 336,143 23,676 1,925,721 529,318 254,449 2,142,223
- Accrued expenses and others payables 24,528 120,194 123,418 149,088 2,049,049 89,795 161,086
- Unrealised loss on options contracts 0 0 0 0 0 0 0
- Unrealised loss on futures contracts 0 0 0 0 0 0 0
- Unrealised loss on forward foreign exchange
0 0 0 0 0 0 0
contracts
- Unrealised loss on swap contracts 0 0 0 0 0 0 0
- Upfront fee received on swap contracts 0 0 0 0 0 0 0
- Interest payable on swap contracts 0 0 0 0 0 0 0
Total Liabilities 49,506 1,802,245 525,260 2,077,245 2,578,745 344,244 9,465,419
TOTAL NET ASSETS 17,768,767 90,861,757 113,193,560 100,715,822 465,125,397 62,975,329 106,916,958
Statement of operations and changes in Net Assets for the financial year 2007/2008
Global Equity
Value Fund
Global High
Dividend
Equity Fund
Global
Property
Equity Fund
Health Care
Fund
India Equity
Fund
Industrials
Fund
Information
Technology
Fund
EUR EUR USD EUR USD EUR EUR
Income
- Bank Interest 71,249 87,428 93,049 33,684 1,406,504 73,904 47,204
- Interest on bonds, net of withholding taxes 12,227 0 1,175 0 0 0 0
- Interest on swap contracts 0 0 0 0 0 0 0
- Dividends, net of withholding taxes 738,832 2,897,584 3,419,934 1,837,622 3,772,497 1,262,450 1,121,024
- Security lending income 114,371 135,193 197,211 253,232 0 152,271 250,266
- Other Income 91 12,209 19,375 6,966 156,738 15,885 77,881
Total income 936,770 3,132,414 3,730,744 2,131,504 5,335,739 1,504,510 1,496,375
Expenses
- Interest 9,707 10,667 890 2,738 6,799 927 18,607
- Interest paid on swap contracts 0 0 0 0 0 0 0
- Management fee 611,015 1,152,570 1,376,148 1,823,983 10,690,181 1,171,117 2,358,165
- Service fee 81,469 171,238 230,748 243,198 2,754,567 156,149 314,422
- Subscription Tax 16,172 38,246 37,007 57,633 295,337 39,732 75,960
- Distribution fee on class -D- shares 5 6 0 49,828 1,043,199 0 10,487
- Performance fees 0 0 0 0 0 0 0
- Other expenses* 1,101 1,588 54 0 6,238 2 1,018
Total expenses 719,469 1,374,315 1,644,847 2,177,380 14,796,321 1,367,927 2,778,659
Net profit(loss) 217,301 1,758,099 2,085,897 (45,876) (9,460,582) 136,583 (1,282,284)
- Realised results on investments 8,731,606 (3,489,367) (12,061,422) (6,610,332) 187,103,435 3,532,197 6,110,621
- Realised results on swap contracts 0 0 0 0 0 0 0
- Realised results on options contracts 0 0 0 0 0 0 0
- Realised results on futures contracts (43,705) 0 0 0 0 0 0
- Realised results on forward foreign exchange
(3,320,750) 532,232 3,370,762 (13,041,071) 39,191,851 (6,730,845) (14,886,683)
contracts and foreign currencies
- Capital gain tax 0 (4,133) 0 0 6,229,730 0 0
- Net change in unrealised results on investments (12,603,763) (12,542,892) (14,563,492) (7,543,709) (55,175,305) (6,896,209) (8,345,624)
- Net change in unrealised results on swap contracts 0 0 0 0 0 0 0
- Net change in unrealised results on foreign currency 27,015 23,686 (13,311) 12,082 44,070 6,445 43,463
- Net change in unrealised results on options and
0 0 0 0 0 0 0
futures contracts
- Net change in unrealised results on forward foreign
0 761,846 0 0 0 0 0
exchange contracts
Result from operations (6,992,296) (12,960,529) (21,181,566) (27,228,906) 167,933,199 (9,951,829) (18,360,507)
- Dividends Distributed 0 (7,646) (15,381) 0 (9,584) 0 0
- Net proceeds from issued/redeemed shares (34,997,787) 33,543,656 17,426,109 (17,143,161) (333,224,803) (7,414,647) (35,641,418)
- Increase (decrease) in net assets (41,990,083) 20,575,481 (3,770,838) (44,372,067) (165,301,188) (17,366,476) (54,001,925)
Total Exchange net assets Difference as at April 30, 2007 59,758,850 70,286,276 116,964,398 145,087,889 630,426,585 80,341,805 160,918,883
Total net assets as at April 30, 2008 17,768,767 90,861,757 113,193,560 100,715,822 465,125,397 62,975,329 106,916,958
* Other expenses are made up of claims payable and other sundry items.
The accompanying notes to the financial statements form an integral part of these financial statements.
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