ABN AMRO Funds - Aia.com.hk
ABN AMRO Funds - Aia.com.hk
ABN AMRO Funds - Aia.com.hk
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Statement of Net Assets as at April 30, 2008<br />
Model Fund 6 Currency Fund Global TAA<br />
Fund<br />
<strong>ABN</strong> <strong>AMRO</strong><br />
<strong>Funds</strong><br />
Combined<br />
EUR EUR EUR USD<br />
Assets<br />
- Investments at fair value 22,387,250 160,959,883 44,810,457 24,811,497,499<br />
- Unrealised gain on written options 0 0 0 37,949<br />
- Unrealised gain on forward foreign exchange<br />
0 0 0 133,879,036<br />
contracts<br />
- Unrealised gain on swap contracts 0 0 34,891 2,013,395<br />
- Unrealised gain on futures contracts 0 0 0 416,690<br />
- Upfront fee paid on swap contracts 0 0 0 2,914,755<br />
- Interest receivable on swap contracts 0 0 0 1,762,589<br />
- Accrued interest 0 2,998,188 49,906 141,601,860<br />
- Receivable for investment securities sold 0 0 681,907 298,168,610<br />
- Dividends receivable 67,016 0 0 33,645,177<br />
- Receivable for shares subscribed 78,729 44,843 1,670,913 132,292,389<br />
- Premium paid on options purchased 0 0 0 1,718,204<br />
- Other receivables 0 25,725 5,018 161,865<br />
- Cash at banks 742,279 15,041,434 141,174,706 1,745,963,207<br />
Total Assets 23,275,274 179,070,073 188,427,798 27,306,073,225<br />
Liabilities<br />
- Bank overdraft 2,311 0 10,222,138 70,826,636<br />
- Premium received on written options 0 0 0 40,869<br />
- Payable for investment securities purchased 64,517 0 6,196,381 1,017,244,778<br />
- Payable for shares redeemed 74,363 259,302 779,568 225,570,509<br />
- Accrued expenses and others payables 29,387 180,529 147,665 36,023,329<br />
- Unrealised loss on options contracts 0 0 0 1,526,542<br />
- Unrealised loss on futures contracts 0 0 10,923,059 42,885,991<br />
- Unrealised loss on forward foreign exchange<br />
0 6,729,723 8,034,876 23,336,423<br />
contracts<br />
- Unrealised loss on swap contracts 0 0 0 7,657,634<br />
- Upfront fee received on swap contracts 0 0 609 4,927,650<br />
- Interest payable on swap contracts 0 0 4,774 3,436,949<br />
Total Liabilities 170,578 7,169,554 36,309,070 1,433,477,310<br />
TOTAL NET ASSETS 23,104,696 171,900,519 152,118,728 25,872,595,915<br />
Statement of operations and changes in Net Assets for the financial year 2007/2008<br />
Model Fund 6 Currency Fund Global TAA<br />
Fund<br />
Biotech Fund<br />
Europe<br />
Property<br />
Equity Fund<br />
Global Leader<br />
Fund<br />
Denmark<br />
Bond Fund<br />
EUR EUR EUR EUR EUR EUR DKK<br />
In<strong>com</strong>e<br />
- Bank Interest 29,537 431,664 1,299,263 4,388 2,279 2,364 6,981<br />
- Interest on bonds, net of withholding taxes 5,124 4,944,549 7,714,434 3,382 0 736 210,953<br />
- Interest on swap contracts 0 0 4,241 0 0 0 0<br />
- Dividends, net of withholding taxes 523,649 0 0 0 60,240 14,989 0<br />
- Security lending in<strong>com</strong>e 67,315 0 0 14,935 0 452 0<br />
- Other In<strong>com</strong>e 336 398 24,100 0 1 0 2,022<br />
Total in<strong>com</strong>e 625,961 5,376,611 9,042,038 22,705 62,520 18,541 219,956<br />
Expenses<br />
- Interest 4,839 1,798 9,580 0 35 0 0<br />
- Interest paid on swap contracts 0 0 54,959 0 0 0 0<br />
- Management fee 370,936 1,724,984 855,231 87,055 14,869 2,339 38,646<br />
- Service fee 54,954 195,099 102,614 11,611 3,609 312 7,729<br />
- Subscription Tax 13,242 39,058 9,556 1,606 223 28 0<br />
- Distribution fee on class -D- shares 0 0 0 4,608 0 0 0<br />
- Performance fees 0 914,428 520,388 0 0 0 0<br />
- Other expenses* 398 20,348 3,549 0 6 0 0<br />
Total expenses 444,369 2,895,715 1,555,877 104,880 18,742 2,679 46,375<br />
Net profit(loss) 181,592 2,480,896 7,486,161 (82,175) 43,778 15,862 173,581<br />
- Realised results on investments 2,005,519 207,881 (12,970,908) (1,975,993) (859,552) 387,084 (687,350)<br />
- Realised results on swap contracts 0 0 171,031 0 0 0 0<br />
- Realised results on options contracts 0 0 0 0 0 0 0<br />
- Realised results on futures contracts (16,469) 0 5,483,387 0 0 0 0<br />
- Realised results on forward foreign exchange<br />
(2,113,974) 6,568,083 6,947,871 (2,954,439) (315,460) (63,193) 0<br />
contracts and foreign currencies<br />
- Capital gain tax 0 0 0 0 0 0 0<br />
- Net change in unrealised results on investments (4,835,972) 182,985 (306,329) 2,121,450 0 (304,429) 569,933<br />
- Net change in unrealised results on swap contracts 0 0 34,891 0 0 0 0<br />
- Net change in unrealised results on foreign currency (4,642) 1,309 (160,467) (801) 0 (39) 1<br />
- Net change in unrealised results on options and<br />
0 0 (10,923,059) 0 0 0 0<br />
futures contracts<br />
- Net change in unrealised results on forward foreign<br />
0 (5,846,829) (8,034,876) 0 0 0 0<br />
exchange contracts<br />
Result from operations (4,783,946) 3,594,325 (12,272,298) (2,891,958) (1,131,234) 35,285 56,165<br />
- Dividends Distributed 0 0 0 0 0 0 0<br />
- Net proceeds from issued/redeemed shares (2,103,208) 72,748,523 164,391,026 (23,561,387) 1,131,234 (2,683,830) (92,471,585)<br />
- Increase (decrease) in net assets (6,887,154) 76,342,848 152,118,728 (26,453,345) 0 (2,648,545) (92,415,420)<br />
Total Exchange net assets Difference as at April 30, 2007 29,991,850 95,557,671 0 26,453,345 0 2,648,545 92,415,420<br />
Total net assets as at April 30, 2008 23,104,696 171,900,519 152,118,728 0 0 0 0<br />
* Other expenses are made up of claims payable and other sundry items.<br />
The ac<strong>com</strong>panying notes to the financial statements form an integral part of these financial statements.<br />
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