ABN AMRO Funds - Aia.com.hk

Statement of Net Assets as at April 30, 2008
Sustainable
Global Equity
Fund
Telecommunication
Services Fund
US Equity
Growth Fund
US Equity
Select Fund
US
Opportunities
Fund
Utilities Fund
2001 Euro
Bond Fund
EUR EUR USD USD USD EUR EUR
Assets
- Investments at fair value 44,576,220 51,214,236 642,103,431 80,500,465 1,046,454,374 353,784,617 104,143,570
- Unrealised gain on written options 0 0 0 0 0 0 0
- Unrealised gain on forward foreign exchange
0 0 0 2,159,087 10,519,407 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 71,441
- Interest receivable on swap contracts 0 0 0 0 0 0 2,954
- Accrued interest 0 0 0 0 2,027,646 0 2,241,531
- Receivable for investment securities sold 1,123,322 14,594,811 12,463,906 1,369,856 0 696,047 3,729,220
- Dividends receivable 61,829 124,557 327,805 47,882 326,914 206,978 0
- Receivable for shares subscribed 2,529,974 0 263,955 138,119 11,646,396 1,151,823 297,992
- Premium paid on options purchased 0 0 0 0 0 0 0
- Other receivables 0 0 0 0 0 0 0
- Cash at banks 459,935 0 6,891,226 1,228,610 83,557,066 742,556 0
Total Assets 48,751,280 65,933,604 662,050,323 85,444,019 1,154,531,803 356,582,021 110,486,708
Liabilities
- Bank overdraft 158,143 578,795 0 0 5,444,031 45,088 20,835,602
- Premium received on written options 0 0 0 0 0 0 0
- Payable for investment securities purchased 2,067,039 0 7,614,094 1,105,835 5,331,504 0 3,851,998
- Payable for shares redeemed 12,505 12,960,957 1,165,219 585,876 6,664,491 1,912,116 1,276,717
- Accrued expenses and others payables 54,139 105,903 815,087 111,897 1,523,456 506,262 81,382
- Unrealised loss on options contracts 0 0 0 0 0 0 0
- Unrealised loss on futures contracts 0 0 0 0 14,860,808 0 428,122
- Unrealised loss on forward foreign exchange
0 0 0 0 0 0 0
contracts
- Unrealised loss on swap contracts 0 0 0 0 0 0 157,432
- Upfront fee received on swap contracts 0 0 0 0 0 0 0
- Interest payable on swap contracts 0 0 0 0 0 0 13,401
Total Liabilities 2,291,826 13,645,655 9,594,400 1,803,608 33,824,290 2,463,466 26,644,654
TOTAL NET ASSETS 46,459,454 52,287,949 652,455,923 83,640,411 1,120,707,513 354,118,555 83,842,054
Statement of operations and changes in Net Assets for the financial year 2007/2008
Sustainable
Global Equity
Fund
Telecommunication
Services Fund
US Equity
Growth Fund
US Equity
Select Fund
US
Opportunities
Fund
Utilities Fund
2001 Euro
Bond Fund
EUR EUR USD USD USD EUR EUR
Income
- Bank Interest 16,652 56,631 220,559 89,032 735,776 316,092 27,756
- Interest on bonds, net of withholding taxes 0 0 0 0 2,663,949 0 4,782,084
- Interest on swap contracts 0 0 0 0 0 0 4,826
- Dividends, net of withholding taxes 941,936 2,722,433 5,091,829 1,011,774 2,933,919 12,425,299 0
- Security lending income 96,898 167,623 891,321 285,269 523,419 1,257,753 0
- Other Income 2,030 4,795 163,661 4,798 32,246 48,566 0
Total income 1,057,516 2,951,482 6,367,370 1,390,873 6,889,309 14,047,710 4,814,666
Expenses
- Interest 201 15,386 9 5,410 229,935 68,368 8,529
- Interest paid on swap contracts 0 0 0 0 0 0 18,513
- Management fee 662,932 1,502,002 8,055,202 1,643,293 7,910,518 7,266,280 1,249,498
- Service fee 94,634 200,267 1,109,114 235,196 1,069,209 968,837 208,250
- Subscription Tax 16,646 47,587 271,371 48,880 323,720 228,287 63,237
- Distribution fee on class -D- shares 0 0 25,746 42,105 182,490 0 0
- Performance fees 0 0 0 0 0 0 0
- Other expenses* 514 675 245 130 1,048 5,331 274
Total expenses 774,927 1,765,917 9,461,687 1,975,014 9,716,920 8,537,103 1,548,301
Net profit(loss) 282,589 1,185,565 (3,094,317) (584,141) (2,827,611) 5,510,607 3,266,365
- Realised results on investments (1,363,794) 2,270,301 13,416,801 2,690,736 6,734,998 12,243,342 (2,345,423)
- Realised results on swap contracts 0 0 0 0 0 0 155,634
- Realised results on options contracts 0 0 0 0 0 0 0
- Realised results on futures contracts 0 0 0 0 18,863,891 0 651,469
- Realised results on forward foreign exchange
(4,972,492) (7,261,479) 49,808 5,880,190 14,149,512 (23,351,301) (74,363)
contracts and foreign currencies
- Capital gain tax 0 0 0 0 0 0 0
- Net change in unrealised results on investments (1,191,446) (11,075,763) 39,483,952 (13,204,246) 68,868,469 (36,595,069) 2,820,265
- Net change in unrealised results on swap contracts 0 0 0 0 0 0 (157,432)
- Net change in unrealised results on foreign currency 3,250 19,448 31,022 (6) 146,523 30,274 40,406
- Net change in unrealised results on options and
0 0 0 0 (12,580,363) 0 (433,180)
futures contracts
- Net change in unrealised results on forward foreign
0 0 0 (358,962) 5,645,174 0 0
exchange contracts
Result from operations (7,241,893) (14,861,928) 49,887,266 (5,576,429) 99,000,593 (42,162,147) 3,923,741
- Dividends Distributed 0 0 0 (435,645) (938,493) (4,773,536) 0
- Net proceeds from issued/redeemed shares 1,314,459 (42,405,392) 141,263,603 (62,682,750) 746,114,982 (208,339,813) (84,423,457)
- Increase (decrease) in net assets (5,927,434) (57,267,320) 191,150,869 (68,694,824) 844,177,082 (255,275,496) (80,499,716)
Total Exchange net assets Difference as at April 30, 2007 52,386,888 109,555,269 461,305,054 152,335,235 276,530,431 609,394,051 164,341,770
Total net assets as at April 30, 2008 46,459,454 52,287,949 652,455,923 83,640,411 1,120,707,513 354,118,555 83,842,054
* 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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