Product Updates and New Disclosures

28 November 2018

Change to individuals playing a key role in executing fund investment strategy

We would like to advise that there have been changes to the individuals named in the Product Disclosure Statements as playing a key role in investment decisions for some funds.

1 November 2018

Change in the buy/sell spread for the Aberdeen Standard Inflation Linked Bond Fund

Please be aware that the buy/sell spread for the Aberdeen Standard Inflation Linked Bond Fund is changing on 1 November 2018.

1 November 2018

New external dispute resolution scheme to deal with consumer complaints

The Australian Financial Complaints Authority (‘AFCA’) is a new external dispute resolution scheme to deal with complaints from consumers in the financial system.

From 1 November 2018 it will replace three existing schemes: the Financial Ombudsman Service (FOS), the Credit and Investments Ombudsman (CIO), and the Superannuation Complaints Tribunal (SCT).

26 September 2018

Annual financial reports for the Aberdeen Standard Investments funds

We would like to confirm that the annual financial reports for the Aberdeen Standard Investments funds for the 2017/2018 financial year are now available and can be viewed on this website.

The reports provide detailed information on the activities of each Fund during the financial year.

4 September 2018

Indirect Costs for Aberdeen Standard Investments Funds - For the year ended 30 June 2018

The indirect costs for the year ended 30 June 2018 and quoted in the Product Disclosure Statements issued 4 September 2018 are listed in the attached article.

4 September 2018

New Product Disclosure Statements for the Aberdeen Standard Investments Funds issued 4 September 2018 incorporating a change of company and fund names

We would like to inform you of some changes, following the merger of the investment businesses of Aberdeen Asset Management and Standard Life Investments to form Aberdeen Standard Investments.

4 September 2018

Standard Risk Measures for Aberdeen Standard Investments Funds - 2018/2019

The latest Standard Risk Measure (SRM) for each Aberdeen Standard Investments fund is detailed in the attached article.

The SRM for each fund is calculated based on industry guidance to allow investors to compare investment options that are expected to deliver a similar number of negative annual returns over any 20 year period.

4 September 2018

Indirect Cost Ratios for Aberdeen Standard Investments Funds

The updated Indirect Cost Ratios (ICRs) for the Funds for the year ended 30 June 2018 are disclosed in the attached article.

An ICR is used to calculate the management cost of investing through a managed fund, compared with investing directly in the underlying assets of a Fund.

4 September 2018

Change to the Aberdeen Diversified Fixed Income Fund (ARSN 119 678 401) from 4 September 2018

Aberdeen advise that a change is being made to the Aberdeen Diversified Fixed Income Fund (‘the Fund’) on 4 September 2018.

This change relates to the hedging strategy of the Fund.It is important to note that there is no change to the Fund’s investment strategy.

30 June 2018

Regulatory Guide 240 ‘Hedge funds: Improving disclosure’ – periodic reporting

The Aberdeen Multi-Asset Income Fund (ARSN 088 906 585) and Aberdeen Multi-Asset Real Return Fund (ARSN 088 905 471) (‘the Funds’), are classified as hedge funds in accordance with the Australian Securities and Investments Commission Regulatory Guide 240 ‘Hedge funds: Improving disclosure’ (RG240).

RG240 requires that Aberdeen Asset Management Limited, as Responsible Entity of each Fund, provide unitholders with extra information about each Fund on an annual basis.

Please click through to the fund factsheet to view the extra information for each Fund.

19 April 2018

Change in the buy/sell spreads for some Aberdeen Funds

Please be aware that the buy/sell spreads are changing for some Australian domiciled fixed income funds.

March 2018

Change in the buy/sell spreads for some Aberdeen Funds

Please be aware that the buy/sell spreads are changing for the Australian domiciled equity funds.

January 2018

Update to the Aberdeen Multi-Asset Income Fund Strategic Asset Allocation weights

On 12 January 2018 the Aberdeen Multi-Asset Income Fund Strategic Asset Allocation weights were updated as detailed in the attached flyer.

From this date the fund manager began moving the Fund to the new strategic weights, which are within the existing asset allocation ranges.

As a result of the update, the SAA weights will differ from those disclosed in the current Product Disclosure Statement for the Fund dated 30 September 2017.

8 November 2017

Change in the buy/sell spreads for some Aberdeen Funds

Please be aware that the buy/sell spreads are changing for the Aberdeen Australian Floating Rate Income Fund and Aberdeen Inflation Linked Bond Fund.

3 November 2017

Reissue of the Annual Financial Report for the Aberdeen Australian Floating Rate Income Fund ARSN 092 788 899

In September 2017 we notified you that the annual financial reports for the Aberdeen Funds were available for viewing or downloading from our website.

We have recently been made aware of a valuation error in the report for the Aberdeen Australian Floating Rate Income Fund (‘the Fund’) and, as a result, have issued an amended report on 30 October 2017.

30 September 2017

Indirect Cost Ratios for the Aberdeen Funds

The updated Indirect Cost Ratios (ICRs) for the Aberdeen Funds for the year ended 30 June 2017 are disclosed in the attached article.

The ICRs have been updated in accordance with the ASIC’s new fees and costs disclosure introduced on 30 September 2017.

An ICR is used to calculate the management cost of investing through a managed fund, compared with investing directly in the underlying assets of a Fund.

30 September 2017

Standard Risk Measures
2017/2018

The latest Standard Risk Measure (SRM) for each Aberdeen fund is detailed in the attached article.

The SRM for each Aberdeen fund is calculated based on industry guidance to allow investors to compare investment options that are expected to deliver a similar number of negative annual returns over any 20 year period.

30 September 2017

Change to the Aberdeen Multi-Asset Income Fund (ARSN 088 906 585)

We would like to advise that we are making a change to the Aberdeen Multi-Asset Income Fund (‘the Fund’).

The Fund’s investment strategy primarily focusses on delivering an income yield to unitholders, at a rate determined at the start of each financial year, in addition to aiming to generate capital growth over the medium to long term to mitigate the effects of inflation.

Currently, up to 5% of the Fund can be invested in alternatives. From 30 September 2017 up to 15% of the Fund will be invested in alternatives to allow additional flexibility to meet this income and capital growth objective.

20 September 2017

Annual financial reports for the Aberdeen funds

We would like to confirm that the annual financial reports for the Aberdeen funds for the 2016/2017 financial year are now available and can be viewed or downloaded from our website.

The reports provide detailed information on the activities of each Fund during the financial year.

1 July 2017

Change to the Aberdeen Multi-Asset Income Fund Strategic Asset Allocation (SAA) weights

On 1 July 2017 the Aberdeen Multi-Asset Income Fund Strategic Asset Allocation weights changed as detailed in the attached flyer.

From this date the fund manager began moving the Fund to the new strategic weights, which are within the existing asset allocation ranges.

As a result of the change, the SAA weights will differ from those disclosed in the current Product Disclosure Statement for the Fund dated 1 April 2017.

1 July 2017

Common Reporting Standard (CRS) requirements start 1 July 2017

There are new reporting requirements for accounts held in the Funds from 1 July 2017. The CRS is an OECD led framework to tackle and deter cross-border tax evasion. The CRS creates an international standard of due diligence and reporting rules for Financial Institutions to identify the accounts of foreign tax residents, and report certain information regarding the foreign tax resident account holder (and in the case of certain entities their controlling persons) to its local tax authority.

1 July 2017

New Attribution Managed Investment Trust (AMIT) tax regime

A new tax system for managed investment trusts has been enacted. A key feature of this new system is that a managed investment trust can elect to become an AMIT. The AMIT regime seeks to improve the operation of the taxation law for managed investment trusts by increasing certainty, allowing greater flexibility and reducing compliance costs.

30 June 2017

Regulatory Guide 240 ‘Hedge funds: Improving disclosure’ – periodic reporting

The Aberdeen Multi-Asset Income Fund (ARSN 088 906 585) and Aberdeen Multi-Asset Real Return Fund (ARSN 088 905 471) (‘the Funds’), are classified as hedge funds in accordance with the Australian Securities and Investments Commission Regulatory Guide 240 ‘Hedge funds: Improving disclosure’ (RG240).

RG240 requires that Aberdeen Asset Management Limited, as Responsible Entity of each Fund, provide unitholders with extra information about each Fund on an annual basis.

Please click through to the fund factsheet to view the extra information for each Fund.

March 2017

Changes to the Aberdeen Income-Focused Bond Fund

Aberdeen is making some changes to the Aberdeen Income-Focused Bond Fund ARSN 092 789 083 (‘the Fund’) on 1 April 2017.

February 2017

Change in compliance plan auditor

The compliance plan auditor has changed for some Aberdeen funds.

1 December 2016

Reduced management fee for the Aberdeen Diversified Fixed Income Fund (ARSN 119 678 401)

Aberdeen (‘we’, ‘us’) receives a management fee for managing the assets of the Aberdeen Diversified Fixed Income Fund (‘the Fund’). The management fee is paid from the assets of the Fund and is reflected in the unit price.

We are pleased to advise that we have reduced the management fee for the Fund.

From 1 December 2016 the management fee will be 0.45% pa (down from 0.60% pa).

October 2016

Standard Risk Measures 2016/2017

The latest Standard Risk Measure (SRM) for each Aberdeen fund is detailed in the attached article. The SRM for each Aberdeen fund is calculated based on industry guidance to allow investors to compare investment options that are expected to deliver a similar number of negative annual returns over any 20 year period.

1 August 2016

Changes to the Aberdeen Multi-Asset Income Fund (ARSN 088 906 585)

We would like to advise that we are making some changes to the Aberdeen Multi-Asset Income Fund (‘the Fund’) from 1 August 2016.

The changes will be incorporated in the forthcoming Product Disclosure Statement for the Fund dated 1 August 2016.

For the year ended 30 June 2016

Indirect Cost Ratios for the Aberdeen Funds

The Indirect Cost Ratios (ICRs) for the Aberdeen Funds for the year ended 30 June 2016 are disclosed in the attached article.

An Indirect Cost Ratio (ICR) is used to calculate the management cost of investing through a managed fund, compared with investing directly in the underlying assets of a Fund.

These ICRs update the ICRs disclosed in the current Product Disclosure Statement for each Aberdeen Fund.