Aberdeen Global Funds - Aberdeen Asset Management

More documents

Recommendations

Info

The new investment objective will be "long-term total return to be achieved by investing at least two-thirds of the Fund’sassets in fixed interest securities which are Sub-Investment Grade and issued by corporations or government relatedbodies. The base currency of the Fund is Sterling".The changes are being made to ensure that the name and objective of the sub-fund reflects current Swiss guidelines onfund names and investment objectives and to provide consistency across all of the sub-funds. It is not intended that thenature of the sub-fund be materially altered as a result of these changes.Shareholders should note that the way that the sub-fund is managed, the base currency of the sub-fund and the riskfactors affecting the sub-fund will remain the same.Shareholders should also refer to the terms of the attached shareholder letter for details of changes to the investmentmanagement fees for Class A, Class D and Class I Shares.14. Aberdeen Global - India Opportunities FundThe current investment objective of Aberdeen Global – India Opportunities Fund is "to achieve long term capitalappreciation by investing in the equity of companies which are incorporated in India or which derive significant revenueor profit from India. Dividend yield from the Fund will be of secondary importance. A flexible approach to the investmentparameters will be taken in order to optimise growth potential from the portfolio of investments and to minimise therisks typical of emerging market investment and specifically in relation to liquidity and settlement issues. As a result, theInvestment Manager intends to invest in India through three principal methods:i) companies listed on the Indian stock exchanges.ii)iii)Indian securities listed on other international stock exchanges, such as Global Depository Receipts.companies listed on other international exchanges which derive significant revenue from or profit from India.The Fund may also, where appropriate, invest in UCITS/UCIs (being open-ended collective investment schemes) whichinvest in India and are listed on a Regulated Market. The balance of the Fund’s assets will be invested in short-term debtsecurities of at least S&P rating A-, including certificates of deposit, and may hold ancillary liquid assets. The Fund maydeal in and hold monies in currencies other than those of the countries in which it is invested. The Fund will not specialisein any market segment or geographical region of India. The base currency of the Fund will be US Dollars".Your Board of Directors propose to amend this objective.The new investment objective will be "long-term total return to be achieved by investing at least two-thirds of the Fund’sassets in equities and equity-related securities of companies with their registered office in India; and/ or, of companieswhich have the preponderance of their business activities in India; and/or, of holding companies that have thepreponderance of their assets in companies with their registered office in India. The base currency of the Fund is USDollars".The amended investment objective will also apply to the Mauritian Subsidiary (as defined in the Prospectus).Your Board of Directors also propose to change the name of the sub-fund.Your Board of Directors propose to change the name of the sub-fund from Aberdeen Global – India Opportunities Fund toAberdeen Global – Indian Equity Fund.The changes are being made to ensure that the name and objective of the sub-fund reflects current Swiss guidelines onfund names and investment objectives and to provide consistency across all of the sub-funds. It is not intended that thenature of the sub-fund be materially altered as a result of these changes.Shareholders should note that the way that the sub-fund is managed, the base currency of the sub-fund and the riskfactors affecting the sub-fund will remain the same.15. Aberdeen Global - Japan Smaller Companies FundThe current investment objective of Aberdeen Global – Japan Smaller Companies Fund is "to aim to achieve long-termcapital growth from active investment in the equity and equity related securities of Japanese small companies listed ortraded in an Eligible Market i.e. through investment in Japanese securities, the majority of which are, at the time ofinvestment, constituents of the bottom 20% of the market capitalisation of shares in Japan.The Fund will invest in equity and equity related securities issued by smaller companies listed or traded on a RegulatedMarket in Japan. The Fund may also invest in equity and equity related securities of smaller companies located in Japanand of companies which have, in the opinion of the Investment Manager, substantial economic exposure to Japan, butwhich are listed or traded on another Regulated Markets.
The Investment Manager may increase the Fund's investment in securities outside the market capitalisation rangereferred to above, without being under an obligation to do so, when it believes that such a change is likely to enhancereturns and/or decrease risk. The Fund can invest in securities listed or traded on any of the Japanese Stock Exchanges. Itcan also invest in the Japanese over-the-counter market. The intention is to capture the superior long-term performancewhilst minimising risk through diversification.Although in the bottom 20% by market capitalisation at the time of investment, subsequent moves out of the bottom20% will not be sold unless, in the opinion of the Investment Manager, this is in the best interests of the shareholders.The Fund mainly invests in stocks listed on the Tokyo Stock Exchange, which includes stocks listed on the Market forHigh Growth and Emerging Stocks ("MOTHERS"), a section of the Tokyo Stock Exchange. However, the Fund can alsoinvest in companies quoted on any stock exchange located in Japan, the Japanese over-the-counter market regulated bythe Securities Dealers Association of Japan and in the securities of Japanese companies or non-Japanese companies with,in the opinion of the Investment Manager, significant exposure to Japan, which are listed or traded on any RegulatedMarket.In addition to the use of financial derivatives instruments, the Fund may also employ other techniques for efficientportfolio management, such as securities lending and reverse repurchase transactions.Performance may be strongly influenced by movements in currency rates because the Fund may have exposure to aparticular currency that is different to the value of the securities denominated in that currency held by the Fund.Furthermore, the Fund's portfolio may be fully or partially hedged back to the base currency if, in the opinion of theInvestment Manager, this is believed to be appropriate.The base currency of the Fund is Japanese Yen".Your Board of Directors propose to amend this objective.The new investment objective will be "long-term total return by investing at least two-thirds of the Fund’s assets inequities and equity-related securities of Smaller Companies with their registered office in Japan; and/or, of SmallerCompanies which have the preponderance of their business activities in Japan; and/or, of holding companies that havethe preponderance of their assets in Smaller Companies with their registered office in Japan. The base currency of theFund is Japanese Yen".Your Board of Directors also propose to change the name of the sub-fund.Your Board of Directors propose to change the name of the sub-fund from Aberdeen Global – Japan Smaller CompaniesFund to Aberdeen Global – Japanese Smaller Companies Fund.The changes are being made to ensure that the name and objective of the sub-fund reflects current Swiss guidelines onfund names and investment objectives and to provide consistency across all of the sub-funds. It is not intended that thenature of the sub-fund be materially altered as a result of these changes.As at the date of this letter, the Investment Manager considers that as at the date of the attached letter, a "SmallerCompany" is a company with a market capitalisation of no more than Yen 250 billion and this will be reflected in thenew definition of "Smaller Company" to be included in the Prospectus.Shareholders should note that in the event that after investment, the status of a Smaller Company changes and it nolonger meets the Investment Manager’s criteria for a "Smaller Company", the Investment Manager will not be obliged tosell the affected investment. In all other respects, the way that the sub-fund is managed, the base currency of the subfundand the risk factors affecting the sub-fund will remain the same.16. Aberdeen Global - Japanese Equity FundThe current investment objective of Aberdeen Global – Japanese Equity Fund is "long-term capital growth primarilythrough investment in equities and equity-related securities of corporations registered in Japan, or in companies whichderive a significant proportion of their revenues or profits from Japanese operations or have a significant proportion oftheir assets there. The base currency of the Fund is Japanese Yen".Your Board of Directors propose to amend this objective.The new investment objective will be "long-term total return to be achieved by investing at least two-thirds of the Fund’sassets in equities and equity-related securities of companies with their registered office in Japan; and/or, of companieswhich have the preponderance of their business activities in Japan; and/or, of holding companies that have thepreponderance of their assets in companies with their registered office in Japan. The base currency of the Fund isJapanese Yen".
Page 1: Aberdeen Global FundsSummary Prospe
Page 5 and 6: CHANGES TO CHARGES AND EXPENSESSERV
Page 7 and 8: “Potential Conflicts of InterestT
Page 9 and 10: 200911State Street Bank Luxembourg
Page 11 and 12: () () () (C 10 ) (ABS) (MBS)ABS
Page 13 and 14: () () +352 46 40 10 820 +44 (0)126
Page 15 and 16: USE OF FINANCIAL DERIVATIVE INSTRUM
Page 17 and 18: APPENDIX IThe Hong Kong Summary Pro
Page 19 and 20: APPENDIX IICOMPARISON TABLE SUMMARI
Page 21 and 22: DerivativesA sub-fund could not hol
Page 23 and 24: The minimum initial and subsequent
Page 25 and 26: Total Expense RatiosWith the except
Page 27 and 28: If you have any questions or would
Page 29 and 30: 2. Aberdeen Global - Asia Pacific F
Page 31 and 32: The changes are being made to ensur
Page 33: or government related bodies. The F
Page 37 and 38: Shareholders should note that the w
Page 39 and 40: Shareholders should note that the w
Page 41 and 42: FDI FDI FDI 99% (21 ) 2002 FDI
Page 43 and 44: I()()()(i) (ii) (iii) (iv) ()(v) /
Page 45 and 46: II - (UCITS I) (UCITS III)/ 10%
Page 47 and 48: (EPM) 100%200% FDI 8
Page 49 and 50: C C C - 1 C - 2 C C 1,500 C E E E
Page 51 and 52: - ABD1.50%1.75% - A D1.25% 1.35%
Page 53 and 54: B - B G -/ A SRI() 2008 7() +852
Page 55 and 56: 20087212008101Aberdeen Asset Manage
Page 57 and 58: 6. - - // - - 7. - - // -
Page 59: 11. - - - - 12. - () - ()()(
Page 62 and 63: 16. -- //17. - - 18. - - () B
Page 64 and 65: - - 22. --/(A)25%// (A) () ()11
Page 66 and 67: ABERDEEN GLOBALRegistered Office: 4
Page 68 and 69: 75% of its Net Assets in such equit
Page 70 and 71: With effect from 30 March 2007, the
Page 72 and 73: Aberdeen Global - Sovereign High Yi
Page 74 and 75: exchange contracts, options and oth
Page 76 and 77: Taxation• Investors should note i
Page 78 and 79: Class A, Class D Shares and the hed
Page 80 and 81: The costs of the launch of the Aber
Page 82 and 83: The dividends for the following Fun
Page 84 and 85:
___________________________________
Page 86 and 87:
Services (UK) Ltd.) which may be ba
Page 88 and 89:
of Shares of that Class then in iss
Page 90 and 91:
The Managers shall not retain the b
Page 92 and 93:
GLOBAL DISTRIBUTOR and INVESTMENT M
Page 94 and 95:
Appendix A - Investment Restriction
Page 96 and 97:
) The limit laid down in paragraph
Page 98 and 99:
(c)(d)(e)GeneralThe aggregate premi
Page 100 and 101:
(4) the financial derivative instru
Page 102 and 103:
(ii)If Aberdeen Global is to be vol
Page 104 and 105:
(c)(d)(e)(f)during any breakdown in
Page 106 and 107:
Appendix D - Share Classes and Divi
Page 108 and 109:
Aberdeen Global - Fixed Interest St
Page 110 and 111:
Aberdeen Global - Ethical Engagemen
Page 112 and 113:
The Mauritian Subsidiary will:• p
Page 114 and 115:
Appendix G - Glossary of TermsThis
Page 116 and 117:
ABERDEEN GLOBALSUPPLEMENT TOTHE SUM
Page 118 and 119:
This supplement is notvalid unless
Page 120 and 121:
This supplement is notvalid unless
Page 122 and 123:
SRI 2007 11 1 6 E F (A)(B)Ab
Page 124 and 125:
() Aberdeen International Fund Mana
Page 126 and 127:
SRIUCITS 93/22 1.13 B 2 Socially
Page 128 and 129:
90() 199611548
Page 130 and 131:
F - 1. - Aberdeen GlobalIndia Opp
Page 132 and 133:
E - A D 5%A I Z B B B B 4.0
Page 134 and 135:
- • A-1 • A-2 • B-1 •
Page 136 and 137:
(8) (9) (10) ()()(11) (/)40
Page 138 and 139:
7. -(a)(1) ()(2) ()(b) 30 10,000,0
Page 140 and 141:
C - 1. (sociétéd’investissemen
Page 142 and 143:
B - (1) (1) (2) ()(i)(ii) ()(iii) /
Page 144 and 145:
e) IX. a) III.IV. VI.a)b) c)b) a)
Page 146 and 147:
(2) 10%(I)II. III. a)(i) 10%(ii)
Page 148 and 149:
ABERDEEN ASSET MANAGEMENT ASIA LIMI
Page 150 and 151:
Thierry LogierChristian Szylar Vér
Page 152 and 153:
(a)(c)(a) (b) (c) (d) (e) (f) (g) (
Page 154 and 155:
(b)(c)(d)( C)()/(i)(ii)(iii)(iv)(v)
Page 156 and 157:
Bank of America N.A. 979 17 F1SWI
Page 158 and 159:
• • 3. • • • • • •
Page 160 and 161:
133 D A D I Z www.aberdeen-asset
Page 162 and 163:
I I I I Z Z Z Z 3% E() 0.04% (
Page 164 and 165:
• - • - • - • - 2007
Page 166 and 167:
• • • • • • • • •
Page 168 and 169:
()()A I Z 8
Page 170 and 171:
E - 20%/ 20% 20%Market for High Gr
Page 172 and 173:
- SRI SRI - - - ()()()/ - (())
Page 174 and 175:
) 22 - - - - - - - - - -
Page 177 and 178:
Aberdeen Global FundINVESTMENT APPL
Page 179 and 180:
Please read the Summary Prospectus
show all

Aberdeen Global Funds - Aberdeen Asset Management

Create successful ePaper yourself

Delete template?

Save as template?