Aberdeen UK OEIC Fund Range - Alliance Trust

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(i) The instruction is given and signed by you (or allShareholders, where there is more than one Shareholder)or your appointed agent (such as a financial adviser) asrecorded on the Account;(ii) The cheque in settlement is made payable to you andissued to the address of the Shareholder as recorded onthe Register;(iii) We complete verification checks on you or your agentsuccessfully;(iv) In the event all Shareholders have not signed theinstruction, a Form of Renunciation will be required;An instruction to sell may be accepted by telephone dealingfor ISA Shareholders provided that:(i) The instruction is given by you or your appointed agent(such as a financial adviser) as recorded on the Account;(ii) The expected proceeds do not exceed £9,400 perShareholder per Valuation Point. If they do exceed thisamount then the instruction to sell must be made inwriting;(iii) The cheque in settlement is made payable to you andissued to the address of the Shareholder as recorded onthe Register;(iv) The address of the Shareholder as recorded on theRegister has not been amended within the 30 day periodprior to the instruction to sell;(v) We complete verification checks on you or your agentsuccessfully;Please note that if the above procedure is followed, aForm of Renunciation will not be required.An instruction to sell may be accepted by telephone dealingfor a non-ISA Shareholders provided that:(i) The instruction is given by you or your appointed agent(such as a financial adviser) as recorded on the Account;(ii) The cheque in settlement is made payable to you andissued to the address of the Shareholder as recorded onthe Register;(iii) The address of the Shareholder as recorded on theRegister has not been amended within the 30 day periodprior to the instruction to sell;(iv) We complete verification checks on you or your agentsuccessfully;(v) We are in receipt of written confirmation signed by allShareholders or a completed Form of Renunciation. TheForm of Renunciation will be issued to you by post within24 hours of the telephone deal being placed.In all of the above scenarios, the Shares will be dealt at theselling price calculated at the next Valuation Point followingour receipt of valid instruction(s). Settlement, by means ofa cheque, will be sent to you on the 4th Business Day (1stBusiness Day in the case of Aberdeen Cash Fund) following thedealing date or receipt of (when required) a completed Form ofRenunciation and all requested due diligence documentation,in line with the current UK Money Laundering Regulations,whichever is later. We reserve the right not to release therealisation proceeds until four Business Days after receipt ofa duly completed Form of Renunciation (where required).Ifyou are an ISA investor, upon the sale of Shares, the proceedsarising from their sale will be paid to you within any timestipulated by you (subject to the timings set out above).21. TERMINATIONThis Agreement may be terminated by you at any time bygiving written notice and by us at any time by giving you 30days’ written notice, but any termination will not prevent thecompletion of any transactions already initiated and will besubject to any such transactions being completed. We willmake such payments to you or otherwise as agreed. At yourrequest and within such time as should be stipulated by you,you may instruct us to transfer the holdings in your ISA to youat any time.In the event of your fraud, we may terminate this Agreementimmediately.If a withdrawal reduces the value of your ISA to below theminimum stated in the latest Simplified Prospectus, we maytreat the withdrawal as an instruction by you to terminate yourISA.If you are an ISA investor, on termination all investments heldin the ISA and proceeds arising from those investments willbe transferred or paid to you. When giving instructions fora transfer of or withdrawal from the ISA, you may stipulatea time within which such transfer or withdrawal should takeplace. The period specified in respect of ISA transfers ortransfers of your holding to you must be no less than 30 days,and for withdrawals is subject to the timings set out in clause20 above.Should we cease to act as an ISA Manager we shall be entitledto terminate this Agreement in respect of your ISA by givingyou 30 days’ written notice. You shall be entitled to transferyour Account to another ISA Manager or ISA Managers.Except in the case of an ISA where you are continuing to savemonthly, we reserve the right to terminate your Accountshould the value of your holdings fall below £500.Termination will not affect the completion of transactionsalready initiated which will be completed in accordance withthese Terms and Conditions, or any of your rights.On termination, you will not be charged other than thefollowing:i. any outstanding fees and charges due; andii. any losses necessarily realised in settling or concludingoutstanding obligations.30 Aberdeen UK OEIC Fund Range Simplified Prospectus, August 2011
Fees and charges are as set out in the Prospectus andSimplified Prospectus. We reserve the right to discount orwaive any charge in whole or in part.22. CLIENT ACCOUNTSAll monies and any other cash which we hold on your behalfas client money under the FSA Rules shall (except in so faras you agree to the contrary) be held in an interest bearingsterling deposit account. No interest is paid to clients inrespect of these monies. Interest earned is retained by usand offset against administration charges of the depositaccount. Such accounts may include the monies of otherindividuals participating in holding Shares. If a distribution to aShareholder remains unclaimed for a period of six years afterit has become due, it will be forfeited and will return to therelevant Fund.23. DELEGATION/appointment of new ISA managerWe may appoint a third party to act in respect of any functionrelevant to administration of your Account, though we mustsatisfy ourselves that any such third party is competent tocarry out those functions and responsibilities and we shallremain liable for the performance of such third party as if wewere carrying on the functions in question.We may appoint another company to be the ISA Manager inrelation to your Account under these Terms and Conditionson giving you one month’s notice. In the case of an ISA, thenew ISA Manager must have been approved to act as an ISAManager by HM Revenue & Customs.24. LIABILITY & INDEMNITYWe and our directors, officers, employees or agents do notaccept any liability for loss, including loss of profit, costs, taxesor expenses suffered or incurred by you as a result of or inconnection with the provision of services under these Termsand Conditions by us, unless, and then only to the extent that,such loss, costs, taxes or expenses are caused by negligence,fraud, breach of contract or wilful default on our part or onthe part of any of our associates in the provision of services.In addition, we do not seek to exclude or restrict any duty orliability which we may have to you under the FSA Rules.We do not guarantee any particular investment performanceand will not be responsible for any loss of opportunity wherebythe value of your investments could have been increased orfor any decline in the value of your investments unless suchdecline or loss is the direct result of our negligence, fraud,breach of contract, wilful default or a failure by us to complywith your instructions properly given to us or our agents.You will be responsible for any loss arising as a result of ouracting upon your instructions. We may rely upon any notice,permission, request or instruction we reasonably believe tobe genuine or to be signed by properly-authorised individuals.We may decline to accept or act upon any instruction or othercommunication which we reasonably believe not to have beenvalidly provided and, where practicable, we will provide youwith written notification of this. In such cases, we will not beliable for any losses (including adverse market movements),damages or costs incurred by you or by any third party as aresult.You will be responsible for any applicable taxes payablein respect of any gross (i.e. received without deduction ofany tax) distribution or accumulation received by you inaccordance with your instructions (including a request tosubscribe for a gross distributing/accumulating class of shares)and any interest on overdue tax, penalties or other reasonablecosts that are payable by the relevant investment companyas a result of your not being eligible or ceasing to be eligibleto receive gross distributions (except in circumstances whereany such amount arises as a result of our negligence, breach ofcontract or fraud).We will not be in breach of these Terms and Conditions, andwill not be liable for any loss or damage incurred by you asa result of any total or partial failure, interruption or delayin performance of our duties and obligations occasioned byany reason beyond our control, including but not limited toan act of God, fire, act of government, state, governmentalor supranational body or authority, war, civil commotion,terrorism, failure of any computer system, interruptions ofpower supply, or labour disputes of whatever nature.25. COMPLAINTSIf you have any complaint in respect of the operation of theseTerms and Conditions or your investment in general, thisshould be made in writing to the Complaints Team, AberdeenUnit Trust Managers Ltd, 10 Queen’s Terrace, Aberdeen, AB101YG. A leaflet detailing our complaints procedures is availableon request.If the complaint is not resolved by us to your satisfaction thenyou may take your complaint to the Financial OmbudsmanService. In order to contact the Financial Ombudsman Serviceor obtain details of the compensation scheme you should writeto The Financial Ombudsman Service, South Quay Plaza, 183Marsh Wall, London, E14 9SR or telephone 0845 080 1800.26. COMPENSATIONIf you make a valid claim against us in respect of theinvestments we buy or sell on your behalf, and we are unableto meet our liabilities in full, for example if we becomeinsolvent, you may be entitled to redress from the FinancialServices Compensation Scheme (FSCS). Details are availablefrom the FSCS Helpline on 0800 678 1100 or 020 7741 4100and on the FSCS website: www.fscs.org.uk.Aberdeen UK OEIC Fund Range Simplified Prospectus, August 2011 31
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Page 3 and 4: ContentsIntroduction 2What are the
Page 5 and 6: What are the aims of the Aberdeen O
Page 7 and 8: In particular, this risk applies to
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Page 15 and 16: Charges and ExpensesHOW WILL CHARGE
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Page 23 and 24: ABERDEEN EMERGING MARKETS BOND FUND
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Aberdeen UK OEIC Fund Range - Alliance Trust

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