Aberdeen Global Funds - Aberdeen Asset Management

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ABERDEEN GLOBALRegistered Office: 49, Avenue J. F. KennedyL-1855 Luxembourg, Grand Duchy of Luxembourg(Registre de Commerce No B 27471)SUMMARY PROSPECTUSIMPORTANTThis summary prospectus is the offering document for Aberdeen Global in Hong Kong. If you are in any doubtabout the contents of this document or any of the documents accompanying it, you should consult yourstockbroker, bank manager, solicitor, accountant or other financial adviser.The Directors of Aberdeen Global are responsible for the information contained in this document. To the best ofthe knowledge and belief of the Directors (who have taken all reasonable care to ensure such is the case) theinformation contained in this document is in accordance with the facts and does not omit anything likely toaffect the import of such information. The Directors accept responsibility accordingly.Aberdeen Global is incorporated as a société anonyme under the laws of the Grand Duchy of Luxembourg on 25February 1988 for an unlimited period and qualifies as an open-ended société d’investissement à capital variable(a “SICAV”) with UCITS status (an Undertaking for Collective Investment in Transferable Securities as definedin the European Union Directive 85/611 of 20 December 1985, as amended). Aberdeen Global is authorised asan undertaking for collective investment in transferable securities under Part I of the law dated 20 December2002 on undertakings for collective investment, as amended (the “Law of 2002”). Aberdeen Global is what isknown as a “UCITS III” fund.There are twenty six Funds in total, as described in more detail on pages 2 to 8. The Shares relating to eachFund are issued in four main Classes, Class A, Class D, Class I, and Class Z, as described more fully on pages13 to 14 and Appendix D. Class A, Class I and Class Z Shares may also be made available in Euro, Sterling orUS Dollar hedged versions. Where a hedged Share Class is available, it will be expressed as Class A(€), ClassA(£) and Class A ($) etc. Aberdeen Global has no present intention to offer any hedged Share Class to thepublic in Hong Kong and shareholders will be notified of any change in such intention in future.Class A, Class D, Class I and Class Z Shares of each Fund are offered at a price based on their Net Asset Valueplus, if applicable, an initial charge. The hedged versions of Class A and Class I Shares will similarly be offeredat a price based on their Net Asset Value plus, if applicable, an initial charge. Class Z Shares and the hedgedversions of Class Z Shares of all the Funds will bear no initial charges or annual management fees. Class BShares were issued until 28 February 2006. Existing Class B shareholders may retain their existing shareholdingbut will not be able to purchase any further new Class B Shares although they will be able to switch to Class BShares in other Funds which historically issued Class B Shares. The Class B Shares of each Fund that remain inissue bear an annual distribution fee and are normally subject to a contingent deferred charge if redeemed withinfour years of issue. Class A, Class D, Class I, Class Z and the hedged versions of Class A, Class I and Class ZShares of all the Funds are listed on the Luxembourg Stock Exchange.Aberdeen Global has been authorised under the Securities and Futures Ordinance; the Securities and FuturesCommission does not, however, take any responsibility for the financial soundness of Aberdeen Global or theaccuracy of any statement or opinion expressed in this document and does not imply that investment inAberdeen Global is recommended by the Securities and Futures Commission.Date: March 2007RISK FACTORSInvestors should recognise that: -a) the price of Shares of each class in Aberdeen Global and any income from them may go down as well as up;1
) the right of holders of Shares of any class in Aberdeen Global to require the redemption or switching ofsuch Shares may from time to time be suspended in the circumstances and manner described on page 23;INVESTMENT OBJECTIVES AND POLICIESAberdeen Global aims to provide investors with a broad international range of diversified actively-managedFunds which, through their specific investment objectives and individual portfolios, offer investors theopportunity of exposure to selected areas or to conveniently build a diversified global stock and bondportfolio to meet their individual investment goals.The overall strategy of Aberdeen Global and the separate Funds is to seek diversification through investmentprimarily in Transferable Securities. All Funds may hold liquid assets on an ancillary basis.The following applies to all Funds, unless the more detailed investment objectives set out below impose furtherrestrictions on a particular Fund. In such circumstances these additional restrictions shall take precedence overthis paragraph.The Equity Funds, namely Aberdeen Global - American Opportunities Fund, Aberdeen Global – Asia PacificFund, Aberdeen Global – Asia Pacific and Japan Fund, Aberdeen Global – Asian Smaller Companies Fund,Aberdeen Global – Australasian Equity Fund, Aberdeen Global – China Opportunities Fund, Aberdeen Global –Emerging Markets Fund, Aberdeen Global – Emerging Markets Smaller Companies Fund, Aberdeen Global –Ethical Engagement World Equity Fund, Aberdeen Global – European Equity Fund, Aberdeen Global –European Opportunities (Ex UK) Fund, Aberdeen Global – India Opportunities Fund, Aberdeen Global –Japanese Equity Fund, Aberdeen Global – Japan Smaller Companies Fund, Aberdeen Global – TechnologyFund, Aberdeen Global – UK Opportunities Fund, Aberdeen Global – World Equity Fund and AberdeenGlobal – Worldwide Smaller Companies may hold cash, cash equivalents (such as money market instruments)and interest bearing securities which under normal market conditions will not exceed 15% of the Net AssetValue of the Fund. Investments in non-Eligible States and/or in markets which are not Regulated Markets shallin aggregate not exceed 10% of the Net Assets of any of these Funds.For the Bond Funds, namely the Aberdeen Global –Asia Pacific and Australasian Bond Fund, the AberdeenGlobal – European High Yield Bond Fund, Aberdeen Global – Fixed Interest Opportunities Fund, AberdeenGlobal – High Yield Bond Fund, Aberdeen Global – Sterling Corporate Bond Fund, Aberdeen Global – SterlingFinancials Bond Fund, Aberdeen Global – Sovereign High Yield Bond Fund (to be renamed Aberdeen Global –Emerging Markets Bond Fund with effect from 30 March 2007) and Aberdeen Global – World Bond Fund, nomore than 10% of their Net Asset Value may be invested in equities or equity related securities.Distinct investment objectives have been established for each Fund, which, together with their currencies ofdenomination, are as follows:Aberdeen Global – American Opportunities FundThe Fund’s investment objective is long-term capital growth primarily through investment in the equities andequity-related securities of companies registered in the United States of America, or in companies which derivea significant proportion of their revenues or profits from American operations or have a significant proportion oftheir assets there. The base currency of the Fund is US Dollars.Aberdeen Global – Asia Pacific FundThe Fund’s investment objective is to pursue long term total return primarily through investment in equities andequity-related securities of corporations which are registered in Asia-Pacific countries (excluding Japan), orcompanies which derive a significant proportion of their revenues or profits from Asia-Pacific countries(excluding Japan), or have a significant proportion of their assets there. The base currency of the Fund is USDollars.Aberdeen Global – Asian Smaller Companies FundThe Fund’s investment objective is to maximise the long-term total return to shareholders. The Fund willachieve its objective primarily through investment in a portfolio of equities and equity related securities ofcompanies whose market capitalisation is under US$1 billion at the time of investment and which are listed onAsia Pacific exchanges (excluding Japan), or which are listed on other exchanges (including those in the UnitedKingdom and America) and derive a significant proportion of their revenues or profits from, or have asignificant proportion of their assets in, Asia Pacific countries (excluding Japan). The Fund may invest up to2
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Aberdeen Global FundsSummary Prospe
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CHANGES TO CHARGES AND EXPENSESSERV
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“Potential Conflicts of InterestT
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Aberdeen Global FundINVESTMENT APPL
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Please read the Summary Prospectus
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