ABN AMRO Funds - Aia.com.hk

Statement of Net Assets as at April 30, 2008
Lifecycle Fund
2038
Lifecycle Fund
2040
Model Fund 1 Model Fund 2 Model Fund 3 Model Fund 4 Model Fund 5
EUR EUR EUR EUR EUR EUR EUR
Assets
- Investments at fair value 1,780,478 1,905,256 32,200,270 81,106,543 270,089,603 251,554,742 74,061,469
- Unrealised gain on written options 0 0 0 0 0 0 0
- Unrealised gain on forward foreign exchange
0 0 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 5,499 5,879 395,512 838,841 2,780,440 1,826,282 230,646
- Receivable for investment securities sold 375 401 0 8,233 56,040 52,724 15,694
- Dividends receivable 4,521 4,839 0 49,272 335,641 471,474 186,670
- Receivable for shares subscribed 32,200 25,920 167,570 209,884 894,295 684,798 237,246
- Premium paid on options purchased 0 0 0 0 0 0 0
- Other receivables 0 0 72 0 0 0 0
- Cash at banks 35,499 37,991 452,572 1,310,013 4,348,903 5,155,914 1,976,959
Total Assets 1,858,572 1,980,286 33,215,996 83,522,786 278,504,922 259,745,934 76,708,684
Liabilities
- Bank overdraft 156 168 0 1,260 8,586 13,446 5,600
- Premium received on written options 0 0 0 0 0 0 0
- Payable for investment securities purchased 5,022 5,375 997,707 1,955,475 2,498,107 1,482,469 183,106
- Payable for shares redeemed 31,896 25,595 172,758 218,700 909,787 683,322 227,504
- Accrued expenses and others payables 2,470 2,625 24,334 61,682 302,807 281,363 98,283
- 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 39,544 33,763 1,194,799 2,237,117 3,719,287 2,460,600 514,493
TOTAL NET ASSETS 1,819,028 1,946,523 32,021,197 81,285,669 274,785,635 257,285,334 76,194,191
Statement of operations and changes in Net Assets for the financial year 2007/2008
Lifecycle Fund
2038
Lifecycle Fund
2040
Model Fund 1 Model Fund 2 Model Fund 3 Model Fund 4 Model Fund 5
EUR EUR EUR EUR EUR EUR EUR
Income
- Bank Interest 1,136 1,210 40,298 106,637 256,189 255,428 91,892
- Interest on bonds, net of withholding taxes 6,229 6,503 927,596 2,116,575 5,813,269 3,863,087 468,844
- Interest on swap contracts 0 0 0 0 0 0 0
- Dividends, net of withholding taxes 21,940 23,131 0 399,171 2,513,757 3,489,621 1,476,266
- Security lending income 2,453 2,600 0 34,643 221,652 357,864 177,675
- Other Income 22 24 157 681 2,993 2,928 922
Total income 31,780 33,468 968,051 2,657,707 8,807,860 7,968,928 2,215,599
Expenses
- Interest 167 179 2,448 6,839 23,380 27,563 11,555
- Interest paid on swap contracts 0 0 0 0 0 0 0
- Management fee 16,240 17,019 263,835 707,120 3,245,649 3,058,256 1,171,336
- Service fee 2,406 2,521 52,767 141,424 590,118 556,047 173,531
- Subscription Tax 661 691 16,791 45,636 145,730 136,772 42,452
- Distribution fee on class -D- shares 0 0 0 0 0 0 0
- Performance fees 0 0 0 0 0 0 0
- Other expenses* 9 9 30 173 1,207 2,003 910
Total expenses 19,483 20,419 335,871 901,192 4,006,084 3,780,641 1,399,784
Net profit(loss) 12,297 13,049 632,180 1,756,515 4,801,776 4,188,287 815,815
- Realised results on investments 11,252 (2,698) 212,402 1,523,727 5,265,705 7,643,973 4,410,581
- 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 (568) (615) 0 (9,478) (62,872) (97,700) (40,393)
- Realised results on forward foreign exchange
(89,112) (95,841) 0 (1,135,592) (8,444,245) (10,909,320) (11,583,267)
contracts and foreign currencies
- Capital gain tax 0 0 0 0 0 0 0
- Net change in unrealised results on investments (140,951) (140,146) 10,346 (4,054,793) (22,235,210) (31,087,676) (7,401,240)
- Net change in unrealised results on swap contracts 0 0 0 0 0 0 0
- Net change in unrealised results on foreign currency 1,158 1,143 0 3,903 22,036 46,642 (5,984)
- 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 0 0 0 0 0 0
exchange contracts
Result from operations (205,924) (225,108) 854,928 (1,915,718) (20,652,810) (30,215,794) (13,804,488)
- Dividends Distributed 0 0 0 0 0 0 0
- Net proceeds from issued/redeemed shares 1,159,701 1,318,909 (10,356,517) (23,062,430) (6,189,126) 866,937 (1,410,639)
- Increase (decrease) in net assets 953,777 1,093,801 (9,501,589) (24,978,148) (26,841,936) (29,348,857) (15,215,127)
Total Exchange net assets Difference as at April 30, 2007 865,251 852,722 41,522,786 106,263,817 301,627,571 286,634,191 91,409,318
Total net assets as at April 30, 2008 1,819,028 1,946,523 32,021,197 81,285,669 274,785,635 257,285,334 76,194,191
* 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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