Aberdeen Standard Investments is a brand of the investment businesses of Aberdeen Asset Management and Standard Life Investments Contents Aberdeen Glo

Transcription

1 Aberdeen Standard Investments is a brand of the investment businesses of Aberdeen Asset Management and Standard Life Investments Aberdeen Global Product Key Facts Statement August 2018

2 Aberdeen Standard Investments is a brand of the investment businesses of Aberdeen Asset Management and Standard Life Investments Contents Aberdeen Global - Asia Pacific Equity Fund Aberdeen Global - Asian Local Currency Short Term Bond Fund Aberdeen Global - Asian Property Share Fund Aberdeen Global - Asian Smaller Companies Fund Aberdeen Global - Australasian Equity Fund Aberdeen Global - Brazil Bond Fund Aberdeen Global - Brazil Equity Fund Aberdeen Global - Chinese Equity Fund Aberdeen Global - Eastern European Equity Fund Aberdeen Global - Emerging Markets Corporate Bond Fund Aberdeen Global - Emerging Markets Equity Fund Aberdeen Global - Emerging Markets Infrastructure Equity Fund Aberdeen Global - Emerging Markets Local Currency Bond Fund Aberdeen Global - Emerging Markets Smaller Companies Fund Aberdeen Global - European Equity Dividend Fund Aberdeen Global - European Equity Fund Aberdeen Global - European Equity (Ex UK) Fund Aberdeen Global - Indian Equity Fund Aberdeen Global - Japanese Equity Fund Aberdeen Global - Japanese Smaller Companies Fund Aberdeen Global - Latin American Equity Fund Aberdeen Global North American Equity Fund Aberdeen Global North American Smaller Companies Fund Aberdeen Global - Responsible World Equity Fund Aberdeen Global - Russian Equity Fund Aberdeen Global - Select Emerging Markets Bond Fund Aberdeen Global - Select Euro High Yield Bond Fund Aberdeen Global - Technology Equity Fund Aberdeen Global - UK Equity Fund Aberdeen Global - World Equity Fund Aberdeen Global - World Resources Equity Fund Aberdeen Global - World Smaller Companies Fund

3 This statement provides you with key information about the Aberdeen Global Asia Pacific Equity Fund. This statement forms part of the offering document and should be read in conjunction with the offering document of Aberdeen Global. You should not invest in this product based on this statement alone. Quick facts Management Company: Investment Manager: Sub- Investment Manager: Depositary: Ongoing Charges over a Year*: Dealing Frequency: Base Currency: Dividend Policy: Financial Year End: Minimum Investment: Aberdeen Global Services S.A. Aberdeen Asset Managers Limited the United Kingdom (internal delegation) Aberdeen Asset Management Asia Limited Singapore (internal delegation) BNP Paribas Securities Services, Luxembourg Branch Class A Acc USD: 2.00% Class A Acc Hedged EUR: 2.04% Class A Acc EUR: 2.00% Class A Acc GBP: 2.00% Daily USD Class A Acc USD, Class A Acc Hedged EUR, Class A Acc EUR and Class A Acc GBP No dividend payment 30 September Class A Acc USD, Class A Acc Hedged EUR, Class A Acc EUR and Class A Acc GBP: US$1,500 initial, US$1,500 additional * The ongoing charges figures are based on expenses for the year ended 30 September These figures may vary from year to year. What is the product? This is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is Commission de Surveillance du Secteur Financier ( CSSF ). Investment Objectives To achieve long-term total return by investing at least two-thirds of the Fund s assets in equities and equity-related securities of: 1) companies with their registered office in Asia Pacific countries (excluding Japan); and/or 2) companies which have the preponderance of their business activities in the Asia Pacific countries (excluding Japan); and/or 3) holding companies that have the preponderance of their assets in companies with their registered office in Asia Pacific countries (excluding Japan). Strategy The Fund may use derivatives for the purpose for hedging but will not use financial derivative instruments extensively for investment purposes. P. 1

4 What are the key risks? Investment involves risks. Please refer to the offering document of Aberdeen Global for details including the risk factors. 1. Equity risk The value of the Fund that invests in equity and equity-related securities will be affected by economic, political, market, and issuer specific changes. Such changes may adversely affect securities, regardless of company specific performance. 2. Risk of investing in specific regional market The Fund invests in a specific regional market sector (i.e. Asia Pacific countries (excluding Japan)) and is likely to be more volatile than a more widely invested fund. 3. Risk of using financial derivative instruments Risks associated with financial derivative instruments include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. The leverage element/component of a financial derivative instrument can result in a loss significantly greater than the amount invested in the financial derivative instrument by the Fund. Exposure to financial derivative instrument may lead to a high risk of significant loss by the Fund. 4. Emerging markets risk The Fund invests in equity and equity-related securities across the Asia Pacific region (excluding Japan), thereby providing exposure to emerging markets which tend to be more volatile than mature markets and its value could move sharply up or down. In some circumstances, the underlying investments may become less liquid which may constrain the Investment Manager s ability to realise some or all of the portfolio. The registration and settlement arrangements in emerging markets may be less developed than in more mature markets so the operational risks of investing are higher. Political risks and adverse economic circumstances are more likely to arise, putting the value of your investment at risk. 5. Exchange rates risk The Fund may invest in securities denominated in a number of different currencies other than the base currency in which the Fund is denominated. Changes in foreign currency exchange rates may adversely affect the value of the Fund s investments and the income thereon. 6. Risk of Foreign Account Tax Compliance Act ( FATCA ) The Fund will attempt to satisfy any obligations imposed on it to avoid the imposition of FATCA withholding tax. However, no assurance can be given that the Fund will be able to satisfy these obligations. If the Fund becomes subject to a withholding tax as a result of the FATCA regime, the value of the shares held by the shareholders may suffer material losses. 7. General risk The value of shares and the income from them can go down as well as up and you may not get back the amount invested. P. 2

5 How has the fund performed? Past performance information is not indicative of future performance. Investors may not get back the full amount invested. The computation basis of the performance is based on the calendar year-end, NAV-to-NAV, with dividend reinvested. These figures show by how much the Class A Acc USD increased or decreased in value during the calendar year being shown. Performance data has been calculated in USD including ongoing charges and excluding subscription fee and redemption fee you might have to pay (if any). The Investment Manager views Class A Acc USD being the most appropriate representative share class as this share class is opened for investment by Hong Kong retail investors and broadly indicative of the Fund's performance characteristics. Fund launch date: 04/1988 Class A Acc USD launch date: 04/1988 Is there any guarantee? This Fund does not have any guarantees. You may not get back the full amount of money you invest. What are the fees and charges? Investors should refer to the offering document of Aberdeen Global for details regarding the fees and expenses of the Fund. Charges which may be payable by you You may have to pay the following fees when dealing in the shares of the Fund. Fees and charges Subscription fee (Initial sales charge): Switching fee: Redemption fee: What you pay Up to 5.0% of the amount you pay Up to 1% of the net asset value of the shares being switched Not applicable Ongoing fees payable by the Fund The following expenses will be paid out of the Fund. They affect you because they reduce the return you get on your investments. Annual rate (as a % of the Fund s net asset value) Investment Management Fee: Performance Fee: Operating, Administrative and Servicing Expenses: Class A Acc USD, Class A Acc Hedged EUR, Class A Acc EUR and Class A Acc GBP: 1.75%* Not applicable Fixed at a maximum level of 0.60%, except Hedged Share Classes in respect of which an additional fee of up to 0.04% may be charged by the Investment Manager for providing this currency exposure service *You should note that the fee may be increased, up to a specified permitted maximum, by giving shareholders at least one month s prior notice. For details, please refer to the offering document of Aberdeen Global. P. 3

6 Other fees You may have to pay other fees and charges when dealing in the shares of the Fund. For details, please refer to the offering document of Aberdeen Global. Additional Information You generally buy and redeem shares at the Fund s next-determined net asset value after the Hong Kong Representative receives your request in good order before 5:00pm (Hong Kong time) on the Hong Kong business day (being a day, other than Saturday, on which banks in Hong Kong are open for business). Before placing your subscription or redemption orders, please check with your distributor for the distributor s internal cut-off time (which may be earlier than the Fund s dealing cut-off time). The net asset value of the Fund is calculated and the price of shares is published daily at This website has not been reviewed by the SFC. Investors may obtain the past performance information of other share classes offered to Hong Kong investors (if any) from This website has not been reviewed by the SFC. Investors may obtain information on the distributor(s) by referring to Client Services Team of Aberdeen Standard Investments (Hong Kong) Limited. Important Notes If you are in doubt, you should seek professional advice. The SFC takes no responsibility for the contents of this statement and makes no representation as to its accuracy or completeness. P. 4

7 This statement provides you with key information about the Aberdeen Global Asian Local Currency Short Term Bond Fund. This statement forms part of the offering document and should be read in conjunction with the offering document of Aberdeen Global. You should not invest in this product based on this statement alone. Quick facts Management Company: Investment Manager: Sub- Investment Manager: Depositary: Ongoing Charges over a Year*: Dealing Frequency: Base Currency: Dividend Policy: Financial Year End: Minimum Investment: Aberdeen Global Services S.A. Aberdeen Asset Managers Limited the United Kingdom (internal delegation) Aberdeen Asset Management Asia Limited Singapore (internal delegation) BNP Paribas Securities Services, Luxembourg Branch Class A QInc USD: 1.20% Class A Acc USD: 1.20% Class A Acc Hedged EUR: 1.24% Daily USD Class A QInc USD Quarterly, at the discretion of the Board of Directors of Aberdeen Global. The dividend, if declared, will be reinvested or paid, in accordance with the instruction given by the investor at the time of subscription. The Board of Directors of Aberdeen Global may at its discretion pay dividends out of the capital of the Fund or pay dividends out of gross income while charging / paying all or part of the Fund s fees and expenses to / out of the capital of the Fund, resulting in an increase in distributable income for the payment of dividends by the Fund and therefore, the Fund may effectively pay dividends out of capital. This may result in an immediate reduction of the Fund s net asset value per share. Class A Acc USD and Class A Acc Hedged EUR No dividend payment 30 September Class A QInc USD, Class A Acc USD and Class A Acc Hedged EUR: US$1,500 initial, US$1,500 additional * The ongoing charges figures are based on expenses for the year ended 30 September These figures may vary from year to year. What is the product? This is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is Commission de Surveillance du Secteur Financier ( CSSF ). Investment Objectives To achieve long-term total return by investing at least two-thirds of the Fund s assets in local Asian currency denominated debt and debt-related securities having a maturity of up to five years issued by governments, supranational institutions or government-related bodies that are domiciled in Asian countries. Strategy The Fund will invest less than 30% of its assets in debt and debt related securities of the above types of issuers listed on PRC stock exchanges or traded on other PRC markets, including the China Interbank Bond Market, through available QFII and RQFII quotas or by any other available means. The Fund may invest up to 50% of its net asset value in sub-investment grade or unrated debt and debt-related securities. For the purpose of the Fund, unrated debt security is defined as a debt security which neither the debt security itself nor its issuer has a credit rating. P. 1

8 The Fund may utilise financial derivative instruments for hedging and/or investment purposes, or to manage foreign exchange risks. Notwithstanding that financial derivative instruments will be utilised for hedging and/or investment purposes, the Fund will not utilise financial derivative instruments extensively for investment purposes. The Investment Manager may alter the currency exposure of the Fund through the use of derivative contracts. Less than 30% of the Fund s net asset value in aggregate may be invested directly or indirectly in Mainland Chinese securities (including but not limited to A shares, B shares and debt securities). What are the key risks? Investment involves risks. Please refer to the offering document of Aberdeen Global for details including the risk factors. 1. Risk of investing in debt and debt-related securities The Fund s investments in debt and debt-related securities are subject to interest rate risk and credit risk. Interest rate fluctuations will affect the capital value of investments. Where long term interest rates rise, the capital value of shares is likely to fall and vice versa. Interest rate risk is the chance that such movements in interest rates will negatively affect the value of a security or, in a Fund s case, its net asset value. Securities with greater interest rate sensitivity and longer maturities tend to produce higher yields, but are subject to greater fluctuations in value. Credit risk reflects the ability of the borrower (bond issuer) to meet its obligations (pay the interest on a bond and return the capital on redemption date). Changes in the financial condition of an issuer, changes in economic and political conditions in general, or changes in economic and political conditions specific to an issuer, are all factors that may have an adverse impact on an issuer s credit quality and security values. Where a bond market has a low number of buyers and/or a high number of sellers, it may be harder to sell particular bonds at an anticipated price and/or in a timely manner. As a result of the above circumstances, the net asset value of the Fund may be adversely affected. 2. Sovereign debt risk Investment in debt obligations issued or guaranteed by governments of certain developed and developing countries or their agencies and instrumentalities ( governmental entities ) involves a higher degree of risk. The governmental entity that controls the repayment of sovereign debt may not be able or willing to repay the principal and/or interest when due in accordance with the terms of such debt. A governmental entity s willingness or ability to repay principal and interest due in a timely manner may be affected by, among other factors, its cash flow situation, the extent of its foreign reserves, the availability of sufficient foreign exchange on the date a payment is due, the relative size of the debt service burden to the economy as a whole, the governmental entity s policy towards the International Monetary Fund and the political constraints to which a governmental entity may be subject. Governmental entities may default on their sovereign debt. Holders of sovereign debt, including the Fund, may be requested to participate in the rescheduling of such debt and to extend further loans to governmental entities. 3. Risk of investing in sub-investment grade and/or unrated debt securities The Fund invests in debt securities, including sub-investment grade or unrated securities. Consequently, the Fund s portfolio may have a significant position in sub-investment grade bonds, which means that there is more risk to investor s capital and income than from a fund investing in investment grade bonds. The Fund may invest in sub-investment grade debt securities which is subject to a higher credit risk and a greater possibility of default than investment grade bonds. If the issuer defaults, or sub-investment grade bonds or their underlying assets cannot be realised, or performed badly, investor may suffer substantial losses. In addition, the market for bonds which are rated below investment grade, have a lower credit rating or are unrated generally has lower liquidity and less active than that for higher rated bonds and the Fund s ability to liquidate its holdings in response to changes in the economy or the financial markets may be further limited by such factors as adverse publicity and investor perceptions. Investment in sub-investment grade bonds involves greater price volatility and risk of loss of principal and income than investment in bonds of a higher investment grade quality. The Fund may invest in unrated bonds which involve higher risks and are more sensitive to adverse changes in general economic conditions and in the industries in which the issuers are engaged and to changes in the financial conditions of the issuers of such securities. The Fund has to rely on the Investment Manager s credit assessment of such bonds and is in particular subject to a high credit risk and a high risk of default. 4. Risk of investing in specific regional market The Fund invests in a specific regional market sector (i.e. short term local Asian currency denominated debt and debt related securities) and is likely to be more volatile than a more widely invested fund. 5. Risk of using financial derivative instruments Risks associated with financial derivative instruments include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. The leverage element/component of a financial derivative instrument can result in a loss significantly greater than the amount invested in the financial derivative instrument by the Fund. Exposure to financial derivative instrument may lead to a high risk of significant loss by the Fund. P. 2

9 6. Counterparty Risk The Fund may enter into contracts that entail a credit exposure to certain counterparties such as bond issuers and counterparties of derivatives. To the extent that a counterparty defaults on its obligation and the Fund is delayed or prevented from exercising its rights with respect to the investments in its portfolio, it may experience a decline in the value of its position, a loss of income and possible additional costs associated with asserting its rights. 7. Risk of investing in emerging markets (including China) The Fund invests in short term local Asian currency denominated debt and debt-related securities thereby providing exposure to emerging markets (such as China) which tend to be more volatile than mature markets and its value could move sharply up or down. In some circumstances, the underlying investments may become less liquid which may constrain the Investment Manager s ability to realise some or all of the portfolio. The registration and settlement arrangements in emerging markets may be less developed than in more mature markets so the operational risks of investing are higher. Political risks and adverse economic circumstances are more likely to arise, putting the value of your investment at risk. 8. Risk relating to securities lending agreements In relation to securities lending transactions, the Fund will be subject to counterparty risk, including the risk that the loaned securities may not be returned or returned in a timely manner and/or at a loss of rights in the collateral if the borrower or the lending agent defaults or fails financially. This risk is increased when the Fund s loans are concentrated with a single or limited number of borrowers. The delays in the return of securities on loans may restrict the ability of the Fund to meet delivery obligations under security sales. To the extent that a counterparty defaults on its obligation and the Fund is delayed or prevented from exercising its rights with respect to the investments in its portfolio, it may experience a decline in the value of its position, a loss of income and possible additional costs associated with asserting its rights. 9. Currency risk The Investment Manager may alter the currency exposure of the Fund, solely through the use of derivative contracts (without buying or selling underlying transferable securities or currencies). Performance may be strongly influenced by movements in currency rates because the Fund may have exposure to a particular currency that is different to the value of the securities denominated in that currency held by the Fund. Furthermore, the Fund s portfolio may be fully or partially hedged back to the base currency if, in the opinion of the Investment Manager, this is believed to be appropriate. 10. Exchange rates risk The Fund may invest in securities denominated in a number of different currencies other than the base currency in which the Fund is denominated. Changes in foreign currency exchange rates may adversely affect the value of the Fund s investments and the income thereon. 11. Risks relating to payments of dividends out of capital The Board of Directors of Aberdeen Global may at its discretion pay dividends out of the capital of the Fund or pay dividends out of gross income while charging/ paying all or part of the Fund s fees and expenses to/ out of the capital of the Fund, resulting in an increase in distributable income for the payment of dividends by the Fund and therefore, the Fund may effectively pay dividends out of capital. Payment of dividends out of capital amounts to a return or withdrawal of part of an investor s original investment or from any capital gains attributable to that original investment. Any distributions involving payment of dividends out of the Fund s capital or payment of dividends effectively out of the Fund s capital (as the case may be) may result in an immediate reduction of the net asset value per share. If Aberdeen Global intends to change the dividend policy, Aberdeen Global will seek the SFC s prior approval and provide shareholders with prior written notification of not less than one month (or such other period as the SFC may require). 12. Risk of Foreign Account Tax Compliance Act ( FATCA ) The Fund will attempt to satisfy any obligations imposed on it to avoid the imposition of FATCA withholding tax. However, no assurance can be given that the Fund will be able to satisfy these obligations. If the Fund becomes subject to a withholding tax as a result of the FATCA regime, the value of the shares held by the shareholders may suffer material losses. 13. General risk The value of shares and the income from them can go down as well as up and you may not get back the amount invested. P. 3

10 How has the fund performed? Past performance information is not indicative of future performance. Investors may not get back the full amount invested. The computation basis of the performance is based on the calendar year-end, NAV-to-NAV, with dividend reinvested. These figures show by how much the Class A Acc USD increased or decreased in value during the calendar year being shown. Performance data has been calculated in USD including ongoing charges and excluding subscription fee and redemption fee you might have to pay (if any). The Investment Manager views Class A Acc USD being the most appropriate representative share class as this share class is opened for investment by Hong Kong retail investors and broadly indicative of the Fund's performance characteristics. Fund launch date: 08/1999 Class A Acc USD launch date: 03/2006 Is there any guarantee? This Fund does not have any guarantees. You may not get back the full amount of money you invest. What are the fees and charges? Investors should refer to the offering document of Aberdeen Global for details regarding the fees and expenses of the Fund. Charges which may be payable by you You may have to pay the following fees when dealing in the shares of the Fund. Fees and charges Subscription fee (Initial sales charge): Switching fee: Redemption fee: What you pay Up to 5.0% of the amount you pay Up to 1% of the net asset value of the shares being switched Not applicable Ongoing fees payable by the Fund The following expenses will be paid out of the Fund. They affect you because they reduce the return you get on your investments. Annual rate (as a % of the Fund s net asset value) Investment Management Fee: Class A QInc USD, Class A Acc USD and Class A Acc Hedged EUR: 1.00%* Performance Fee: Operating, Administrative and Servicing Expenses: Not applicable Fixed at a maximum level of 0.60%, except Hedged Share Classes in respect of which an additional fee of up to 0.04% may be charged by the Investment Manager for providing this currency exposure service *You should note that the fee may be increased, up to a specified permitted maximum, by giving shareholders at least one month s prior notice. For details, please refer to the offering document of Aberdeen Global. P. 4

11 Other fees You may have to pay other fees and charges when dealing in the shares of the Fund. For details, please refer to the offering document of Aberdeen Global. Additional Information You generally buy and redeem shares at the Fund s next-determined net asset value after the Hong Kong Representative receives your request in good order before 5:00pm (Hong Kong time) on the Hong Kong business day (being a day, other than Saturday, on which banks in Hong Kong are open for business). Before placing your subscription or redemption orders, please check with your distributor for the distributor s internal cut-off time (which may be earlier than the Fund s dealing cut-off time). The net asset value of the Fund is calculated and the price of shares is published daily at This website has not been reviewed by the SFC. Investors may obtain the past performance information of other share classes offered to Hong Kong investors (if any) from This website has not been reviewed by the SFC. Investors may obtain information on the distributor(s) by referring to Client Services Team of Aberdeen Standard Investments (Hong Kong) Limited. The composition of the dividends (i.e. relative amounts paid out of net distributable income and capital) for the last 12 months can be obtained from the Hong Kong Representative on request and can be found at Investors should note that this website has not been reviewed by the SFC. Important Notes If you are in doubt, you should seek professional advice. The SFC takes no responsibility for the contents of this statement and makes no representation as to its accuracy or completeness. P. 5

12 This statement provides you with key information about the Aberdeen Global Asian Property Share Fund 1. This statement forms part of the offering document and should be read in conjunction with the offering document of Aberdeen Global. You should not invest in this product based on this statement alone. Quick facts Management Company: Investment Manager: Sub-Investment Manager: Depositary: Ongoing Charges over a Year*: Dealing Frequency: Base Currency: Dividend Policy: Financial Year End: Minimum Investment: Aberdeen Global Services S.A. Aberdeen Asset Managers Limited the United Kingdom (internal delegation) Aberdeen Asset Management Asia Limited Singapore (internal delegation) BNP Paribas Securities Services, Luxembourg Branch Class A Acc USD: 1.77% Class A Acc Hedged EUR: 1.81% Daily USD Class A Acc USD and Class A Acc Hedged EUR No dividend payment 30 September Class A Acc USD and Class A Acc Hedged EUR: US$1,500 initial, US$1,500 additional * The ongoing charges figure is based on expenses for the year ended 30 September This figure may vary from year to year. What is the product? This is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is Commission de Surveillance du Secteur Financier ( CSSF ). Investment Objectives To achieve long-term total return by investing at least two-thirds of the Fund s assets in equities and equity-related securities of: 1) property companies with their registered office in an Asian country; and/or, 2) property companies which have the preponderance of their business activities in an Asian country; and/or, 3) holding companies which have the preponderance of their assets in property companies with their registered office in an Asian country. Strategy The Fund may use derivatives for the purpose for hedging but will not use financial derivative instruments extensively for investment purposes. 1 The Fund is authorised under the SFC Code on Unit Trusts and Mutual Funds but not under the Code on Real Estate Investment Trusts. The SFC s authorisation is not a recommendation or endorsement of the Fund nor does it guarantee the commercial merits of the Fund or its performance. It does not mean the Fund is suitable for all investors nor is it an endorsement of its suitability for any particular investor or class of investors. P. 1

13 What are the key risks? Investment involves risks. Please refer to the offering document of Aberdeen Global for details including the risk factors. 1. Equity risk The value of the Fund that invests in equity and equity-related securities will be affected by economic, political, market, and issuer specific changes. Such changes may adversely affect securities, regardless of company specific performance. 2. Risk of investing in specialist market sector The Fund invests in a specialist market sector (property) and may exhibit greater price volatility than a more widely invested fund. The Fund may invest in REITs which themselves invest directly in real estate under adverse market or economic conditions such assets may become illiquid or experience a drop in value. 3. Risk of investing in specific regional market The Fund invests in a specific regional market sector (i.e. Asian countries) and as such is likely to be more volatile than a more widely invested fund. 4. Risk of using financial derivative instruments Risks associated with financial derivative instruments include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. The leverage element/component of a financial derivative instrument can result in a loss significantly greater than the amount invested in the financial derivative instrument by the Fund. Exposure to financial derivative instrument may lead to a high risk of significant loss by the Fund. 5. Emerging markets risk The Fund invests in equities and equity-related securities of Asian property companies thereby providing exposure to emerging markets which tend to be more volatile than mature markets and its value could move sharply up or down. In some circumstances, the underlying investments may become less liquid which may constrain the Investment Manager s ability to realise some or all of the portfolio. The registration and settlement arrangements in emerging markets may be less developed than in more mature markets so the operational risks of investing are higher. Political risks and adverse economic circumstances are more likely to arise, putting the value of your investment at risk. 6. Exchange rates risk The Fund may invest in securities denominated in a number of different currencies other than the base currency in which the Fund is denominated. Changes in foreign currency exchange rates may adversely affect the value of the Fund s investments and the income thereon. 7. Risk of Foreign Account Tax Compliance Act ( FATCA ) The Fund will attempt to satisfy any obligations imposed on it to avoid the imposition of FATCA withholding tax. However, no assurance can be given that the Fund will be able to satisfy these obligations. If the Fund becomes subject to a withholding tax as a result of the FATCA regime, the value of the shares held by the shareholders may suffer material losses. 8. General risk The value of shares and the income from them can go down as well as up and you may not get back the amount invested. P. 2

14 How has the fund performed? Past performance information is not indicative of future performance. Investors may not get back the full amount invested. The computation basis of the performance is based on the calendar year-end, NAV-to-NAV, with dividend reinvested. These figures show by how much the Class A Acc USD increased or decreased in value during the calendar year being shown. Performance data has been calculated in USD including ongoing charges and excluding subscription fee and redemption fee you might have to pay (if any). Where no past performance is shown there was insufficient data available in that year to provide performance. The Investment Manager views Class A Acc USD being the most appropriate representative share class as this share class is opened for investment by Hong Kong retail investors and broadly indicative of the Fund's performance characteristics. Fund launch date: 05/2010 Class A Acc USD launch date: 05/2010 Is there any guarantee? This Fund does not have any guarantees. You may not get back the full amount of money you invest. What are the fees and charges? Investors should refer to the offering document of Aberdeen Global for details regarding the fees and expenses of the Fund. Charges which may be payable by you You may have to pay the following fees when dealing in the shares of the Fund. Fees and charges Subscription fee (Initial sales charge): Switching fee: Redemption fee: What you pay Up to 5.0% of the amount you pay Up to 1% of the net asset value of the shares being switched Not applicable Ongoing fees payable by the Fund The following expenses will be paid out of the Fund. They affect you because they reduce the return you get on your investments. Annual rate (as a % of the Fund s net asset value) Investment Management Fee: Class A Acc USD and Class A Acc Hedged EUR: 1.50%* Performance Fee: Operating, Administrative and Servicing Expenses: Not applicable Fixed at a maximum level of 0.60%, except Hedge Share Classes in respect of which an additional fee of up to 0.04% may be charged by the Investment Manager for providing this currency exposure service *You should note that the fee may be increased, up to a specified permitted maximum, by giving shareholders at least one month s prior notice. For details, please refer to the offering document of Aberdeen Global. P. 3

15 Other fees You may have to pay other fees and charges when dealing in the shares of the Fund. For details, please refer to the offering document of Aberdeen Global. Additional Information You generally buy and redeem shares at the Fund s next-determined net asset value after the Hong Kong Representative receives your request in good order before 5:00pm (Hong Kong time) on the Hong Kong business day (being a day, other than Saturday, on which banks in Hong Kong are open for business). Before placing your subscription or redemption orders, please check with your distributor for the distributor s internal cut-off time (which may be earlier than the Fund s dealing cut-off time). The net asset value of the Fund is calculated and the price of shares is published daily at This website has not been reviewed by the SFC. Investors may obtain the past performance information of other share classes offered to Hong Kong investors (if any) from This website has not been reviewed by the SFC. Investors may obtain information on the distributor(s) by referring to Client Services Team of Aberdeen Standard Investments (Hong Kong) Limited. Important Notes If you are in doubt, you should seek professional advice. The SFC takes no responsibility for the contents of this statement and makes no representation as to its accuracy or completeness. P. 4

16 This statement provides you with key information about the Aberdeen Global Asian Smaller Companies Fund. This statement forms part of the offering document and should be read in conjunction with the offering document of Aberdeen Global. You should not invest in this product based on this statement alone. Quick facts Management Company: Investment Manager: Sub-Investment Manager: Depositary: Ongoing Charges over a Year*: Dealing Frequency: Base Currency: Dividend Policy: Financial Year End: Minimum Investment: Aberdeen Global Services S.A. Aberdeen Asset Managers Limited the United Kingdom (internal delegation) Aberdeen Asset Management Asia Limited Singapore (internal delegation) BNP Paribas Securities Services, Luxembourg Branch Class A Acc USD: 1.98% Class A Acc GBP: 1.98% Daily USD Class A Acc USD and Class A Acc GBP No dividend payment 30 September Class A Acc USD and Class A Acc GBP: US$1,500 initial, US$1,500 additional * The ongoing charges figures are based on expenses for the year ended 30 September These figures may vary from year to year. What is the product? This is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is Commission de Surveillance du Secteur Financier ( CSSF ). Investment Objectives To achieve long-term total return by investing at least two-thirds of the Fund s assets in equities and equity-related securities of: 1) Smaller Companies with their registered office in an Asia Pacific country (excluding Japan); and/or 2) Smaller Companies which have the preponderance of their business activities in an Asia Pacific country (excluding Japan); and/or 3) holding companies that have the preponderance of their assets in Smaller Companies with their registered office in an Asia Pacific country (excluding Japan). For the purpose of this Fund, Smaller Companies are defined as companies with a market capitalisation in the base currency of the Fund, as at the date of investment, of under US$5 billion. Strategy The Fund may use derivatives for the purpose for hedging but will not use financial derivative instruments extensively for investment purposes. P. 1

17 What are the key risks? Investment involves risks. Please refer to the offering document of Aberdeen Global for details including the risk factors. 1. Equity risk The value of the Fund that invests in equity and equity-related securities will be affected by economic, political, market, and issuer specific changes. Such changes may adversely affect securities, regardless of company specific performance. 2. Risk of investing in Smaller Companies Smaller Companies are subject to the risk of greater vulnerability to the release of unfavourable market news and information and the risk of being adversely affected by poor economic or market conditions. The stock of Smaller Companies may have lower liquidity and their prices are more volatile to adverse economic developments than those of larger companies in general. 3. Risk of investing in specific regional market The Fund invests in a specific regional market sector (i.e. Asia Pacific country (excluding Japan)) and is likely to be more volatile than a more widely invested fund. 4. Risk of using financial derivative instruments Risks associated with financial derivative instruments include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. The leverage element/component of a financial derivative instrument can result in a loss significantly greater than the amount invested in the financial derivative instrument by the Fund. Exposure to financial derivative instrument may lead to a high risk of significant loss by the Fund. 5. Emerging markets risk The Fund invests in stocks of Smaller Companies in Asia (excluding Japan) thereby providing exposure to emerging markets which tend to be more volatile than mature markets and its value could move sharply up or down. In some circumstances, the underlying investments may become less liquid which may constrain the Investment Manager s ability to realise some or all of the portfolio. The registration and settlement arrangements in emerging markets may be less developed than in more mature markets so the operational risks of investing are higher. Political risks and adverse economic circumstances are more likely to arise, putting the value of your investment at risk. 6. Exchange rates risk The Fund may invest in securities denominated in a number of different currencies other than the base currency in which the Fund is denominated. Changes in foreign currency exchange rates may adversely affect the value of the Fund s investments and the income thereon. 7. Risk of Foreign Account Tax Compliance Act ( FATCA ) The Fund will attempt to satisfy any obligations imposed on it to avoid the imposition of FATCA withholding tax. However, no assurance can be given that the Fund will be able to satisfy these obligations. If the Fund becomes subject to a withholding tax as a result of the FATCA regime, the value of the shares held by the shareholders may suffer material losses. 8. General risk The value of shares and the income from them can go down as well as up and you may not get back the amount invested. P. 2

18 How has the fund performed? Past performance information is not indicative of future performance. Investors may not get back the full amount invested. The computation basis of the performance is based on the calendar year-end, NAV-to-NAV, with dividend reinvested. These figures show by how much the Class A Acc USD increased or decreased in value during the calendar year being shown. Performance data has been calculated in USD including ongoing charges and excluding subscription fee and redemption fee you might have to pay (if any). The Investment Manager views Class A Acc USD being the most appropriate representative share class as this share class is opened for investment by Hong Kong retail investors and broadly indicative of the Fund's performance characteristics. Fund launch date: 03/2006 Class A Acc USD launch date: 03/2006 Is there any guarantee? This Fund does not have any guarantees. You may not get back the full amount of money you invest. What are the fees and charges? Investors should refer to the offering document of Aberdeen Global for details regarding the fees and expenses of the Fund. Charges which may be payable by you You may have to pay the following fees when dealing in the shares of the Fund. Fees and charges Subscription fee (Initial sales charge): Switching fee: Redemption fee: What you pay Up to 5.0% of the amount you pay Up to 1% of the net asset value of the shares being switched Not applicable Ongoing fees payable by the Fund The following expenses will be paid out of the Fund. They affect you because they reduce the return you get on your investments. Annual rate (as a % of the Fund s net asset value) Investment Management Fee: Class A Acc USD and Class A Acc GBP: 1.75%* Performance Fee: Operating, Administrative and Servicing Expenses: Not applicable Fixed at a maximum level of 0.60% *You should note that the fee may be increased, up to a specified permitted maximum, by giving shareholders at least one month s prior notice. For details, please refer to the offering document of Aberdeen Global. Other fees You may have to pay other fees and charges when dealing in the shares of the Fund. For details, please refer to the offering document of Aberdeen Global. P. 3

19 Additional Information You generally buy and redeem shares at the Fund s next-determined net asset value after the Hong Kong Representative receives your request in good order before 5:00pm (Hong Kong time) on the Hong Kong business day (being a day, other than Saturday, on which banks in Hong Kong are open for business). Before placing your subscription or redemption orders, please check with your distributor for the distributor s internal cut-off time (which may be earlier than the Fund s dealing cut-off time). The net asset value of the Fund is calculated and the price of shares is published daily at This website has not been reviewed by the SFC. Investors may obtain the past performance information of other share classes offered to Hong Kong investors (if any) from This website has not been reviewed by the SFC. Investors may obtain information on the distributor(s) by referring to Client Services Team of Aberdeen Standard Investments (Hong Kong) Limited. Important Notes If you are in doubt, you should seek professional advice. The SFC takes no responsibility for the contents of this statement and makes no representation as to its accuracy or completeness. P. 4

20 This statement provides you with key information about the Aberdeen Global Australasian Equity Fund. This statement forms part of the offering document and should be read in conjunction with the offering document of Aberdeen Global. You should not invest in this product based on this statement alone. Quick facts Management Company: Investment Manager: Depositary: Ongoing Charges over a Year*: Dealing Frequency: Base Currency: Dividend Policy: Financial Year End: Minimum Investment: Aberdeen Global Services S.A. Aberdeen Asset Management Limited Australia (internal delegation) BNP Paribas Securities Services, Luxembourg Branch Class A Acc AUD: 1.69% Daily AUD Class A Acc AUD No dividend payment 30 September Class A Acc AUD: US$1,500 initial, US$1,500 additional * The ongoing charges figure is based on expenses for the year ended 30 September This figure may vary from year to year. What is the product? This is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is Commission de Surveillance du Secteur Financier ( CSSF ). Investment Objectives To achieve long-term total return by investing at least two-thirds of the Fund s assets in equities and equity-related securities of: 1) companies with their registered office in Australia or New Zealand; and/or 2) companies which have the preponderance of their business activities in Australia or New Zealand; and/or 3) holding companies that have the preponderance of their assets in companies with their registered office in Australia or New Zealand. Strategy The Fund may use derivatives for the purpose for hedging but will not use financial derivative instruments extensively for investment purposes. What are the key risks? Investment involves risks. Please refer to the offering document of Aberdeen Global for details including the risk factors. 1. Equity risk The value of the Fund that invests in equity and equity-related securities will be affected by economic, political, market, and issuer specific changes. Such changes may adversely affect securities, regardless of company specific performance. 2. Concentration risk The Fund invests in a specific regional market sector (i.e. Australia or New Zealand) and such is likely to be more volatile than a more widely invested fund. Lack of liquidity may adversely affect the value or ease of disposal of assets. P. 1

21 3. Risk of using financial derivative instruments Risks associated with financial derivative instruments include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. The leverage element/component of a financial derivative instrument can result in a loss significantly greater than the amount invested in the financial derivative instrument by the Fund. Exposure to financial derivative instrument may lead to a high risk of significant loss by the Fund. 4. Exchange rates risk The Fund may invest in securities denominated in a number of different currencies other than the base currency in which the Fund is denominated. Changes in foreign currency exchange rates may adversely affect the value of the Fund s investments and the income thereon. 5. Risk of Foreign Account Tax Compliance Act ( FATCA ) The Fund will attempt to satisfy any obligations imposed on it to avoid the imposition of FATCA withholding tax. However, no assurance can be given that the Fund will be able to satisfy these obligations. If the Fund becomes subject to a withholding tax as a result of the FATCA regime, the value of the shares held by the shareholders may suffer material losses. 6. General risk The value of shares and the income from them can go down as well as up and you may not get back the amount invested. How has the fund performed? Past performance information is not indicative of future performance. Investors may not get back the full amount invested. The computation basis of the performance is based on the calendar year-end, NAV-to-NAV, with dividend reinvested. These figures show by how much the Class A Acc AUD increased or decreased in value during the calendar year being shown. Performance data has been calculated in AUD including ongoing charges and excluding subscription fee and redemption fee you might have to pay (if any). The Investment Manager views Class A Acc AUD being the most appropriate representative share class as this share class is opened for investment by Hong Kong retail investors and broadly indicative of the Fund's performance characteristics. Fund launch date: 04/1988 Class A Acc AUD launch date: 04/1988 Is there any guarantee? This Fund does not have any guarantees. You may not get back the full amount of money you invest. P. 2