Aberdeen UK OEIC Fund Range - Alliance Trust

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IntroductionSIMPLIFIED PROSPECTUSThis Simplified Prospectus contains key information for investors of the 24 sub-funds of the Aberdeen Investment Funds ICVC (“theAberdeen OEIC”). Full details of the Aberdeen OEIC are available in the Prospectus of the Aberdeen Investment Funds ICVC.For more information relating to these funds please contact your Financial Adviser, our Customer Services Department or visit our website.All documentation, including the Prospectus, annual or half-yearly report and accounts and application forms, are available from ourCustomer Services Department and our website. All contact details are listed inside the front cover.Unless otherwise defined, the terms in this Simplified Prospectus shall have the same meaning as in the Prospectus of Aberdeen InvestmentFunds ICVC.We offer private investors the opportunity to invest in Class A Shares of these funds directly or through an ‘ISA’.FUNDSThe following Funds are available:• Aberdeen American Equity Fund • Aberdeen Japan Growth Fund• Aberdeen Asia Pacific Fund • Aberdeen Latin American Equity Fund• Aberdeen Asia Pacific and Japan Fund • Aberdeen Managed Distribution Fund• Aberdeen Cash Fund 1 • Aberdeen Multi-Asset Fund• Aberdeen Corporate Bond Fund • Aberdeen Property Share Fund• Aberdeen Emerging Markets Fund • Aberdeen Responsible UK Equity Fund• Aberdeen Emerging Markets Bond Fund • Aberdeen UK Equity Fund• Aberdeen Ethical World Fund • Aberdeen UK Equity Income Fund• Aberdeen European Equity Fund • Aberdeen UK Mid-Cap Fund• Aberdeen European Frontiers Fund • Aberdeen UK Smaller Companies Fund• Aberdeen European Smaller Companies Fund • Aberdeen World Equity Fund• Aberdeen High Yield Bond Fund • Aberdeen World Growth and Income Fund1Aberdeen Cash Fund does not qualify for ISA investment.Details of these funds, including their investment objectives and policies are available in the Key Fund Data.Share Prices:These are available on the Aberdeen website at www.aberdeen-asset.co.uk/oeic or by calling Customer Serviceson 0845 300 2890.The Company’s annual accounting date is 31 July. Interim income payment dates vary by fund and are included in the Key Fund Data.CONSTITUTIONThe Aberdeen Investment Funds ICVC (“Aberdeen OEIC”) is an investment company with variable capital incorporated under the OpenEnded Investment Company (“OEIC”) Regulations 2001. It is incorporated in Scotland, registered number SI1.The Aberdeen OEIC qualifies as an “Undertaking for Collective Investment In Transferable Securities, better known as a “UCITS” scheme,and an umbrella company for the purposes of the OEIC Regulations. The purpose of this structure is to give investors access to a series offunds with differing objectives, within the flexibility of one single corporate structure.The OEIC sub-funds are authorised collective investment schemes as defined in the Financial Services and Markets Act 2000 regulated bythe Financial Services Authority (“FSA”) and are governed by the relevant rules in the FSA Handbook.The base currency of all funds is pounds sterling.Please refer to Key Fund Data for details of the Aberdeen OEIC funds available to investors.US investorsThe Funds detailed in this document are not available to investors who are resident in the United States. Accordingly, shares in the Fundsmay not, under any circumstances, be offered, sold or delivered either directly or indirectly in the United States.2 Aberdeen UK OEIC Fund Range Simplified Prospectus, August 2011
What are the aims of the Aberdeen OEIC and the Aberdeen ISA?THE ABERDEEN OEICAn OEIC is an open-ended investment company whose business is investing in shares, securities and other funds on behalf of investors. AnOEIC can also be known as an ICVC. They are known as ‘open-ended’ funds because each fund’s size will increase or decrease depending onthe levels of investments and redemptions at any particular time.When you invest in an OEIC your money is pooled with that of other investors in that fund. Your holdings in an OEIC are known as ‘shares’and the price of shares is based on the underlying value of the investments your chosen fund has invested in.THE ABERDEEN STOCKS AND SHARES ISAAn ISA is an Individual Savings Account offering tax efficient investment into the Aberdeen OEIC. Within government regulations, aninvestor may subscribe to two different types of ISA, a Stocks and Shares ISA and a Cash ISA. We do not offer a Cash ISA. An investor canhold a Stocks and Shares ISA with Aberdeen as well as a Cash ISA with a different ISA manager. Investors can transfer between differentISA managers.Maximum overall annual subscription limits apply to ISAs and are detailed in the ‘How to Invest’ chapter. Investments held in an ISA arefree of any liability to income tax and capital gains tax. All funds, other than the Cash Fund, included in this Simplified Prospectus qualifyfor ISA investment.WHO MAY THESE FUNDS BE SUITABLE FOR?These funds offer investors the opportunity to invest in an OEIC, which is a convenient way of participating in investment markets, with aview to achieving their defined investment objective. Investors must be willing to accept some risk to their capital, and these funds shouldbe considered medium to long term investments.Investors in any doubt about the suitability of investing in these funds should seek independent financial advice before doing so.Investors should refer to the investment aims of each Fund which are listed in Key Fund Data.What are the aims of the funds?The overall aims of the funds are to offer:• Choice, with a range of professionally managed funds invested in a wide range of securities; and• A flexible and affordable way to invest.The funds aim to achieve:• Income; or• Capital growth over the medium to long-term; or• A combination of income and capital growth over the medium to long-term.Your commitmentWhen investing in the Aberdeen OEIC, you are committing to invest in the stock market. You must accept that there are risks involved indoing so, not least that the value of your shares may fall and you could get back less than you invest. You should view your investmentdecision as a medium to long term investment. As well as generic risks, there are additional risks that are specific to certain funds and theseare stated on pages 4 - 5.You may buy and sell shares in the funds on any business day, subject to the investment levels outlined in the table below:Minimum and maximum investment levelsMinimum lumpsum per fundMinimum additionallump sum per fundMinimum regular savingsper fund (per month)MaximuminvestmentAberdeen UK OEIC £500 £100 £50 No upper limitAberdeen UK OEIC ISA -2011/12 tax year£500 £100 £50 £10,680 per tax year(or £890 per month)Aberdeen UK OEIC Fund Range Simplified Prospectus, August 2011 3
Page 1 and 2: Aberdeen UK OEIC Fund RangeSimplifi
Page 3: ContentsIntroduction 2What are the
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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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Page 27 and 28: ABERDEEN WORLD EQUITY FUNDTotal ret
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Page 31 and 32: ISA Shareholders:i. We will acknowl
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Aberdeen UK OEIC Fund Range - Alliance Trust

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