Aberdeen Global Funds - Aberdeen Asset Management

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With effect from 30 March 2007, the investment objective of this Fund will be amended as follows:The Fund’s investment objective is to provide a high yield from a portfolio of Sterling denominated fixedinterest, floating rate and variable rate securities including preference shares, where deemed appropriate. TheFund will invest in a Sterling denominated portfolio of both investment and non-investment grade securitieswithout regard to the domicile of the issuer. The Fund may also invest in securities denominated in currenciesother than Sterling provided that the currency risk is mitigated by an appropriate hedging strategy designed toensure that as far as possible the assets are protected against falls in the value of currencies other than in Sterling.Investment grade securities are considered to be Standard & Poor’s long-term rated BBB- or higher, or theequivalent on the scale of other ratings bodies. The Fund may invest up to100% of its Net Assets in securitieswhich are below investment grade or which are not rated by any rating agency and a substantial proportion ofthe Fund may therefore be invested in such securities. The primary focus is on corporate debt and high yieldingfixed interest, floating rate and variable rate securities issued by international bodies including governments,governmental organisations and supra-national bodies, particularly those issued in the Eurosterling Market. Themajority of the portfolio will be invested in securities which are listed on the Eligible Markets of the EuropeanUnion, Switzerland and the European Economic Area. The Investment Manager will not place any particularemphasis on specified maturity dates on acquisition. Securities acquired on the conversion of convertiblesecurities held within the portfolio (or pursuant to schemes of reconstruction) and warrants attaching toinvestments acquired for the Fund may also be held for so long as the Investment Manager considers appropriateto maximise their realisation value. No more than 5% of the net assets of the Fund will be listed or traded onEligible Markets, except as otherwise permitted by the investment restrictions. The base currency of the Fund isSterling.Aberdeen Global – High Yield Bond FundThe Fund’s investment objective is to invest in a broadly based portfolio of international fixed interest securities.The Fund will invest predominantly in fixed interest securities which do not constitute investment gradesecurities. The object of the Fund is to aim for a high income. Where opportunities exist, the Fund willendeavour to enhance capital growth. The Fund will be invested mainly in corporate Fixed Income Securitiestraded on the Eligible Markets of the European Union, Switzerland, the Europe Economic Area and NorthAmerica. In addition the Fund may also invest in Sovereign and Convertible Fixed Income Securities traded onthe said Eligible Markets. The Fund intends to hold no more than 50% of the Net Assets in non-Sterlingdenominated fixed interest securities. The precise mix of the Fund is under continuing review to anticipate andtake advantage of changing worldwide market conditions. At any time the Fund may contain a combination ofany or all of the aforementioned securities. (A broadly based portfolio is one which invests in a number ofdifferent sectors of the market.). The Fund’s base currency is Sterling.With effect from 30 March 2007, the investment objective of this Fund will be amended as follows:The Fund’s investment objective is to invest in a broadly based portfolio of international fixed interest securities.The Fund will invest predominantly in fixed interest securities which do not constitute investment gradesecurities. The object of the Fund is to aim for a high income. Where opportunities exist, the Fund willendeavour to enhance capital growth. The Fund will be invested mainly in corporate Fixed Income Securitiestraded on the Eligible Markets of the European Union, Switzerland, the European Economic Area and NorthAmerica. In addition the Fund may also invest in Sovereign and Convertible Fixed Income Securities traded onthe said Eligible Markets. The precise mix of the Fund is under continuing review to anticipate and takeadvantage of changing worldwide market conditions. At any time the Fund may contain a combination of any orall of the aforementioned securities. (A broadly based portfolio is one which invests in a number of differentsectors of the market). The Fund’s base currency is Sterling.Aberdeen Global – India Opportunities FundThe Fund aims to achieve long term capital appreciation by investing in the equity of companies which areincorporated in India or which derive significant revenue or profit from India. Dividend yield from the Fundwill be of secondary importance. A flexible approach to the investment parameters will be taken in order tooptimise growth potential from the portfolio of investments and to minimise the risks typical of emergingmarket investment and specifically in relation to liquidity and settlement issues. As a result, the InvestmentManager intends to invest in India through three principal methods:i) companies listed on the Indian stock exchanges.ii)Indian securities listed on other international stock exchanges, such as Global Depository Receipts.5
iii)India.companies listed on other international exchanges which derive significant revenue from or profit fromThe Fund may also, where appropriate, invest in UCITS/UCIs (being open-ended collective investment schemes)which invest in India and are listed on a Regulated Market. The balance of the Fund’s assets will be invested inshort-term debt securities of at least S&P rating A-, including certificates of deposit, and may hold ancillaryliquid assets. The Fund may deal in and hold monies in currencies other than those of the countries in which it isinvested. The Fund will not specialise in any market segment or geographical region of India. The basecurrency of the Fund will be US Dollars.The investment objective and policy also apply to the Mauritian Subsidiary.For more details on the Mauritian Subsidiary see Appendix E.Aberdeen Global – Japan Smaller Companies FundThe Fund’s investment objective is to aim to achieve long-term capital growth from active investment in theequity and equity related securities of Japanese small companies listed or traded in an Eligible Market i.e.through investment in Japanese securities, the majority of which are, at the time of investment, constituents ofthe 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 aRegulated Market in Japan. The Fund may also invest in equity and equity related securities of smallercompanies located in Japan and of companies which have, in the opinion of the Investment Manager,substantial economic exposure to Japan, but which are listed or traded on another Regulated Markets.The Investment Manager may increase the Fund's investment in securities outside the market capitalisationrange referred to above, without being under an obligation to do so, when it believes that such a change islikely to enhance returns and/or decrease risk. The Fund can invest in securities listed or traded on any of theJapanese Stock Exchanges. It can also invest in the Japanese over-the-counter market. The intention is tocapture the superior long-term performance whilst minimising risk through diversification.Although in the bottom 20% by market capitalisation at the time of investment, subsequent moves out of thebottom 20% will not be sold unless, in the opinion of the Investment Manager, this is in the best interests ofthe shareholders.The Fund mainly invests in stocks listed on the Tokyo Stock Exchange, which includes stocks listed on theMarket for High Growth and Emerging Stocks ("MOTHERS"), a section of the Tokyo Stock Exchange.However, the Fund can also invest in companies quoted on any stock exchange located in Japan, the Japaneseover-the-counter market regulated by the Securities Dealers Association of Japan and in the securities ofJapanese companies or non-Japanese companies with, in the opinion of the Investment Manager, significantexposure to Japan, which are listed or traded on any Regulated Market.In addition to the use of financial derivatives instruments, the Fund may also employ other techniques forefficient portfolio management, such as securities lending and reverse repurchase transactions.Performance may be strongly influenced by movements in currency rates because the Fund may have exposureto a particular currency that is different to the value of the securities denominated in that currency held by theFund. Furthermore, the Fund's portfolio may be fully or partially hedged back to the base currency if, in theopinion of the Investment Manager, this is believed to be appropriate.The base currency of the Fund is Japanese Yen.Aberdeen Global – Japanese Equity FundThe Fund’s investment objective is long-term capital growth primarily through investment in equities andequity-related securities of corporations registered in Japan, or in companies which derive a significantproportion of their revenues or profits from Japanese operations or have a significant proportion of their assetsthere. The base currency of the Fund is Japanese Yen.6
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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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200911State Street Bank Luxembourg
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() () () (C 10 ) (ABS) (MBS)ABS
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() () +352 46 40 10 820 +44 (0)126
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USE OF FINANCIAL DERIVATIVE INSTRUM
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APPENDIX IThe Hong Kong Summary Pro
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Page 51 and 52: - ABD1.50%1.75% - A D1.25% 1.35%
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This supplement is notvalid unless
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SRI 2007 11 1 6 E F (A)(B)Ab
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SRIUCITS 93/22 1.13 B 2 Socially
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F - 1. - Aberdeen GlobalIndia Opp
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ABERDEEN ASSET MANAGEMENT ASIA LIMI
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Aberdeen Global FundINVESTMENT APPL
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Please read the Summary Prospectus
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Aberdeen Global Funds - Aberdeen Asset Management

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