FATCA update and confirmation of Global Intermediary Identification Numbers (“GIINs”)
This Notice contains important information regarding new US tax regulation requirements which come into effect from 1 July 2014:
b) Applicability to Aberdeen’s Funds
The Funds are domiciled in Singapore. Singapore is expected to enter into an intergovernmental agreement with the IRS to facilitate FATCA compliance. FATCA compliance will be enforced under new local tax legislation and reporting rules. The Funds will comply with these rules and may, in due course, require additional information from investors in order to comply with relevant FATCA obligations.
Aberdeen Asset Management Asia Limited has been registered as the sponsoring entity for all funds of Aberdeen Select Portfolio. The GIIN for Aberdeen Asset Management Asia Limited is CIMNLP.00000.SP.702.
c) Important information for investors in Aberdeen Funds
We highlight the general prohibition on US Persons holding shares in the Funds, this is detailed in the prospectus of the Funds and/or Fund documentation. This prohibition remains even if investors, who are US Persons, provide documentation demonstrating their compliance with US tax requirements. You may have obligations under FATCA (or obligations pursuant to equivalent local legislation). It is your responsibility to comply with any FATCA requirements.
If you are in any doubt as to your obligations under FATCA you should consult your own professional advisers.
d) General administration reminder
If there has been a change of circumstances since completion of your application form, please note you must advise Aberdeen Asset Management Asia Limited or the Distributor through whom they have purchased the units of the Fund(s) of such change and continue to update of any future changes.
Further information on the Funds is available in their respective prospectuses and Fund documentation.
Aberdeen Asset Management Asia Limited