Aberdeen Global IV - Aberdeen Asset Management

More documents

Recommendations

Info

Appendix C – General Information continued10. SuspensionSuspension of the Calculation of the Net Asset Value and Allotment, Subscription, Switching and Redemption of Shares.Aberdeen Global IV may suspend the allotment, subscriptions and redemption of Shares relating to a Fund, the right to switch Sharesinto those of another Fund and the calculation of the Net Asset Value of any Class:(a) during any period when any market or stock exchange on which a material part of the investments of the relevant Fund for thetime being is quoted, is closed (otherwise than for ordinary holidays), or during which dealings are substantially restricted orsuspended;(b) during the existence of any state of affairs as a result of which disposal or valuation of assets owned by Aberdeen Global IVattributable to such Fund would be impracticable;(c) during any breakdown in or restriction in the use of the means of communication normally employed to determine the price orvalue of any of the investments attributable to such Fund or the current prices or values on any stock exchange;(d) during any period when Aberdeen Global IV is unable to repatriate funds for the purpose of making payments on the redemptionof such Shares or during which any transfer of funds involved in the realisation or acquisition of investments or payments due onredemption of such Shares cannot in the opinion of the Directors be effected at normal rates of exchange;(e) any period when dealing in the units/shares of any collective investment scheme in which a Fund may be invested are restrictedor suspended; or(f) during any period when in the opinion of the Directors of Aberdeen Global IV there exists unusual circumstances where it wouldbe impractical or unfair towards the shareholders to continue dealing in the Shares of Aberdeen Global IV or of any Fund; or(g) if Aberdeen Global IV is being or may be wound-up, on or following the date on which notice is given of the General Meeting atwhich a resolution to wind-up Aberdeen Global IV is to be proposed.Shareholders who have requested switching or redemption of their Shares will be promptly notified in writing of any suchsuspension and of the termination thereof.Details of the beginning and end of any period of suspension (except for customary closing of stock exchanges for not morethan three days) will be made available at the registered office of Aberdeen Global IV and at the office of the Global Distributor.Notice thereof will also be given to any shareholder lodging a request for switching or redemption of Shares.11. TransfersTransfers of Shares may normally be effected by delivery to Aberdeen Global IV of an instrument of transfer in appropriate formtogether with, if issued, the relevant share certificate(s).12. Amendment of the Articles of IncorporationThe Articles of Incorporation may be amended at any time by a resolution of a General Meeting of shareholders subject to thequorum and voting requirements provided by Luxembourg law and by the Articles of Incorporation. Written notice to shareholders ofthe effectiveness of each amendment to the Articles of Incorporation shall be provided with the next report following its effectiveness.Such notice shall either state the text of the amendment or summarise its content and provide that the complete text of theamendment will be sent to any shareholder upon request.To amend the Articles of Incorporation or to dissolve Aberdeen Global IV a resolution must be passed by the General Meeting with amajority consisting of two thirds of the votes cast at such meeting.Any resolution to be voted upon in any meeting may be decided on a show of hands unless, when or before the result of the show ofhands is declared, a poll is demanded by the chairman of the meeting or by one or more shareholders holding in the aggregate 5%of the outstanding Shares of Aberdeen Global IV. If a poll is duly demanded it shall be taken in such manner as the chairman of themeeting may direct.In those cases where a General Meeting is to be held to amend the Articles of Incorporation of Aberdeen Global IV, the following shallapply by way of additional rules for the conduct of business at such meeting:56 Aberdeen Global IV PROSPECTUS – April 2009
13. Dealings in Shares by the Global Distributor or the UK Distributor & Payment of Dividends(1) The Global Distributor or the UK Distributor may as principal acquire and hold Shares and may at their sole discretion satisfy, inwhole or in part, an application or request:(a) for the purchase of Shares, by effecting a transfer to the applicant, at the relevant Share Price plus any applicable initial charge, ofShares owned by the Global Distributor or the UK Distributor ; or(b) for the redemption of Shares, by buying such Shares from the shareholder at the relevant Share Price.(2) The Global Distributor or the UK Distributor will forthwith notify the Transfer Agent of any such transactions effected by it soas to update the share register and enable the Transfer Agent to send a Share confirmation or Certificate (if requested) to theinvestor.(3) On any date for the payment of dividends, Aberdeen Global IV shall make payment thereof to the relevant shareholders. To theextent such monies remain unclaimed, they shall be held by the Transfer Agent on behalf of the relevant shareholder, without anyliability to account for interest thereon, and shall revert to Aberdeen Global IV absolutely at the end of five years.14. Other Information(1) Neither the Transfer Agent, the Administrator, the Investment Manager, the Custodian nor a Connected Person of any of themmay as principal knowingly buy or sell any security from or to Aberdeen Global IV without the consent of the Directors.(2) Aberdeen Global IV is subject to the jurisdiction of the courts of Luxembourg and has submitted to the courts of Hong Kong forcontracts entered into there.(3) Aberdeen Global IV is not engaged in any litigation or arbitration and no litigation or claim is known to the Directors to bepending or threatened against Aberdeen Global IV at the date of this Prospectus.(4) Aberdeen Global IV has not established, nor does it intend to establish, a place of business in Hong Kong.(5) Aberdeen Global IV has no employees and no subsidiaries.(6) There are no existing or proposed service contracts between any of the Directors and Aberdeen Global IV but the Directors mayreceive remuneration as referred to in this Prospectus.(7) None of the Directors of Aberdeen Global IV nor any of their families has an interest in the share capital of Aberdeen Global IVwhich would be required to be shown in the Register under Sections 324 and 327 of the Companies Act 1985 of Great Britain ifAberdeen Global IV were subject to the provisions of that Act.(8) The Articles of Incorporation provide that the following jurisdictions shall be Eligible States; all member states of the OECD andall other countries of Europe, North and South America, Africa, Asia and Australasia.(9) Trading in the Shares of Aberdeen Global IV on the Luxembourg Stock Exchange will be in accordance with the Rules andRegulations of the Luxembourg Stock Exchange and subject to the payment of normal brokerage fees.(10) From time to time, the Investment Manager, the Investment Advisers or any of their respective Connected Persons (collectivelythe “Managers”) may effect transactions by or through the agency of another person with whom the Managers have anarrangement under which that party will from time to time provide to or procure for the Managers goods, services or otherbenefits (such as research or advisory services, computer hardware associated with specialised software or research services andperformance measures) the nature of which is such that their provision can reasonably be expected to benefit Aberdeen Global IVas a whole and may contribute to an improvement in the performance of Aberdeen Global IV or of the respective Manager or anyof its Connected Person(s) in providing services to Aberdeen Global IV and for which no direct payment is made but instead theManager undertakes to place business with that party. For the avoidance of doubt, such goods and services do not include travel,accommodation, entertainment, general administrative goods or services, general office equipment or premises, membership fees,employee salaries or direct money payments.(11) Neither the Investment Manager, any Investment Adviser or any Connected Person may retain the benefit of any cashcommission rebate (being repayment of a cash commission made by a broker or dealer to the Investment Manager, InvestmentAdviser and/or any Connected Person) paid or payable from any such broker or dealer in respect of any business placed with suchbroker or dealer by the Investment Manager, Investment Adviser or any Connected Person for or on behalf of Aberdeen Global IV.Any such cash commission rebate received from any such broker or dealer will be held by the Investment Manager, InvestmentAdviser or any Connected Person for the account of Aberdeen Global IV.Aberdeen Global IV PROSPECTUS – April 2009 57
Page 2 and 3:
CONTENTSINTRODUCTION 1IMPORTANT INF
Page 4:
IMPORTANT INFORMATIONThis Prospectu
Page 8 and 9: PRINCIPAL CHARACTERISTICS OF ABERDE
Page 10 and 11: THE ABERDEEN ORGANISATIONAberdeen A
Page 12 and 13: BOARD OF DIRECTORS OF ABERDEEN GLOB
Page 16: INVESTMENT OBJECTIVES AND POLICIEST
Page 19 and 20: In addition to the use of financial
Page 21 and 22: (iv) to take short positions via de
Page 23 and 24: PROFILE OF THE TYPICAL INVESTORInve
Page 25 and 26: A Fund may use financial derivative
Page 27 and 28: liquidated before its maturity for
Page 29 and 30: • The share register may not be p
Page 31 and 32: *These Funds will be launched at a
Page 33 and 34: PAYMENT OF DIVIDENDSDividends for R
Page 35 and 36: Distributor’s FeesInvestors shoul
Page 37 and 38: DEALING IN SHARES OF ABERDEEN GLOBA
Page 39 and 40: 8. If the applicant does not wish f
Page 41 and 42: If a request to switch Shares would
Page 43 and 44: PUBLICATION OF SHARE PRICESThe Shar
Page 45 and 46: DOCUMENTS AVAILABLE FOR INSPECTIONC
Page 47 and 48: Appendix A - Investment Restriction
Page 49 and 50: IV. a) Without prejudice to the lim
Page 51 and 52: (b) Repurchase AgreementsEach Fund
Page 53 and 54: other organised market, the price a
Page 55 and 56: Appendix C - General Information1.
Page 57: No contract or other transaction be
Page 61 and 62: Appendix E - Initial Charges and Ma
Page 64: Investment GradeInvestment Grade Cu
show all

Aberdeen Global IV - Aberdeen Asset Management

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?