PRODUCT HIGHLIGHTS SHEET

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Nicholas Kelly
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1 Prepared n: 03/07/18 This Prduct Highlights Sheet is an imprtant dcument. It highlights the key terms and risks f the Aberdeen Glbal Select Emerging Markets Bnd Fund (the Fund ) and cmplements the Singapre Prspectus (the Prspectus ) 1. It is imprtant t read the Prspectus befre deciding whether t purchase Shares in the Fund ( Shares ). If yu d nt have a cpy, please cntact the distributrs in Singapre. Yu shuld nt invest in Shares if yu d nt understand it r are nt cmfrtable with the accmpanying risks. If yu wish t purchase Shares, yu will need t make an applicatin in the manner set ut in the Prspectus. ABERDEEN GLOBAL - SELECT EMERGING MARKETS BOND FUND a sub-fund f Aberdeen Glbal Prduct Type Cllective Investment Scheme Manager Management Cmpany: Depsitary Bank Aberdeen Glbal Services S.A. Singapre Aberdeen Asset Dealing Frequency Representative Management Asia Limited Capital Guaranteed N Expense Rati fr the year ended 30 September 2017 Launch Date 15/08/2001 Name f Guarantr Nt applicable Base Currency USD PRODUCT SUITABILITY WHO IS THE PRODUCT SUITABLE FOR? The Fund is nly suitable fr investrs wh: are willing t accept a medium level f risk within the fixed incme investment spectrum; and are likely t use this Fund t cmplement an existing cre bnd prtfli; and are likely t have a lng-term investment hrizn. KEY PRODUCT FEATURES WHAT ARE YOU INVESTING IN? Yu are investing in a sub-fund f Aberdeen Glbal (the Cmpany ), an penended investment cmpany with the legal status f a SICAV incrprated in Luxemburg and qualifying as a UCITS under the Luxemburg law cncerning undertakings fr cllective investment dated 17 December The Fund s investment bjective is lng-term ttal return. Incme Shares (Class A MInc USD Shares and Class A MInc Hedged SGD Shares) will declare and distribute Dividends. Please nte that dividends declared and distributed will reduce the Net Asset Values f the Incme Shares. Accumulatin Shares (Class A Acc USD Shares and Class A Acc Hedged SGD Shares) d nt intend t declare any dividends in respect f these Classes f Shares. Accrdingly, the investment incme attributable t these Classes f Shares will be accumulated in their respective Net Asset Values. BNP Paribas Securities Services, Luxemburg Branch Every Singapre business day which is als a Dealing Day Class A MInc USD 1.71% Class A Acc USD 1.71% Class A MInc Hedged SGD 1.77% (annualised) Further Infrmatin Refer t paragraph 6 f Investment Objective, Plicy and Strategy f the Prspectus fr further infrmatin n prduct suitability. Refer t paragraph 1 f Aberdeen Glbal and paragraph 2 f The Sub-Funds f the Prspectus fr further infrmatin n features f the prduct. 1 The Prspectus is available at the ffices f distributrs in Singapre during nrmal business hurs. 1

2 Hedged Share Classes (which will include Hedged and the relevant currency in their name) seek t mitigate against fluctuatins in the exchange rate f the hedged currency f the Share Class (the currency f the Share Class a Sharehlder invests in) relative t the particular Base Currency f the Fund. Investment Strategy The Fund will invest at least tw-thirds f the Fund s assets in fixed interest securities which are issued by crpratins with their registered ffice in, and/r gvernment related bdies dmiciled in an Emerging Market cuntry. Parties Invlved WHO ARE YOU INVESTING WITH? The umbrella fund under which the sub-fund is cnstituted is Aberdeen Glbal i.e. the Cmpany. The Management Cmpany is Aberdeen Glbal Services S.A., the Investment Manager is Aberdeen Asset Managers Limited. The Depsitary Bank f the Fund s assets is BNP Paribas Securities Services, Luxemburg Branch. The Singapre Representative is Aberdeen Asset Management Asia Limited. KEY RISKS WHAT ARE THE KEY RISKS OF THIS INVESTMENT? The price f Shares and any incme frm them may fall as well as rise and yu may nt get the full amunt invested. These risk factrs may cause yu t lse sme r all f yur investment. The Fund may have a higher vlatility due t its investment plicies r prtfli management techniques. Market and Credit Risks The Fund may be expsed t Emerging Markets Risk The Fund invests in Emerging Markets which tend t be mre vlatile than mature markets and its value culd mve sharply up r dwn. In sme circumstances, the underlying investments may becme less liquid which may cnstrain the Investment Manager s ability t realise sme r all f the prtfli. The registratin and settlement arrangements in Emerging Markets may be less develped than in mre mature markets s the peratinal risks f investing are higher. Plitical risks and adverse ecnmic circumstances are mre likely t arise. Liquidity Risks The Fund is nt listed and yu can redeem nly n a Singapre business day which is als a Dealing Day. The Cmpany may refuse any redemptin requests if all relevant dcumentatin has nt been submitted, if such redemptin wuld result in nn-cmpliance with the Minimum Hlding requirement, r in any ther circumstances agreed with the Fund and ntified t yu. Prduct-Specific Risks The Fund may be expsed t Interest Rate Risk and Credit Risk The Fund s underlying investments are subject t interest rate risk and credit risk. Interest rate fluctuatins affect the capital value f investments. Where lng-term interest rates rise, the capital value f bnds is likely t fall and vice versa. Credit risk reflects the ability f a bnd issuer t meet its bligatins. Where a bnd market has a lw number f buyers and/r a high number f sellers, it may be harder t sell particular bnds at an anticipated price and/r in a timely manner. The Fund may be expsed t Sub-Investment Grade Bnds Risk Refer t paragraph 6 f Investment Objective, Plicy and Strategy f the Prspectus fr details f the investment strategy f the Fund. Refer t paragraph 1 f Aberdeen Glbal, paragraph 3 f Management and paragraph 4 f Other Parties f the Prspectus fr further infrmatin n the rles and respnsibilities f these entities. Refer t paragraph 8 f Risk Factrs f the Prspectus fr further infrmatin n risks f the prduct. 2

3 The Fund invests in fixed interest securities, including sub-investment grade securities. Cnsequently, the Fund s prtfli may have a significant psitin in sub-investment grade bnds, which means that there is mre risk t investr s capital and incme than frm a fund investing in investment grade bnds. The Fund may be expsed t Cntingent Cnvertible Bnds Risk The Fund may be invested in cntingent cnvertible bnds. If the financial strength f a bnd s issuer falls by a predetermined threshld, the bnd may suffer substantial r ttal lsses f capital. The Fund may be expsed t Currency Risk Where the currency f the Fund varies frm the currency invested, r where the currency f the Fund varies frm the currencies f the markets in which the Fund invests, yu will be expsed t exchange rate risks and there is the prspect f additinal lss (r the prspect f additinal gain) t the investr greater than the usual risks f investment. Singapre investrs shuld nte that the Fund is nt denminated in SGD and the Share Classes may nt be denminated in SGD. Except the hedged Share Classes, the relevant Prtfli Manager des nt intend t hedge against currency fluctuatins between the SGD and that f the currency f accunt f the Fund and between the SGD and that f the currency denminatin f the Share Classes. Singapre investrs may therefre be expsed t this exchange rate risk. FEES AND CHARGES WHAT ARE THE FEES AND CHARGES OF THIS INVESTMENT? Payable directly by yu Yu will need t pay the fllwing fees and charges as a percentage f yur grss investment sum: Initial Sales Charge and/r Class A Shares : Capacity Management Prir t 16 July 2018: Up t 6.38% if Charge * the Net Asset Value (this equates t up t 6% f the Grss Investment Amunt) Redemptin Charge Switching Fee With effect frm 16 July 2018: Up t 5% f the Grss Investment Amunt Nil Up t 1% f the Net Asset Value f the Shares being switched Payable by the Fund frm invested prceeds The Fund will pay the fllwing fees and charges t the I nvestment Manager and ther parties: Investment Fees Management Currently 1.50% fr Class A Shares Maximum: The Investment Manager will receive fees which shall nt exceed 3% f the Net Asset Value f the Fund. The fees are accrued daily and are paid in mnthly arrears t the Investment Manager. Refer t paragraph 7 f Fees, Charges and Expenses f the Prspectus fr further infrmatin n fees and charges. Operating, Administrative and Servicing Expenses An amunt nt exceeding 0.60% f the Net Asset Value in respect f all Share Classes, except hedged Share Classes, an additinal fee f up t 0.04% may be charged by the Investment Manager fr prviding the currency hedging services. 3

4 * Additinal fees may be impsed and payable t appinted distributrs that are in additin t the maximum Initial Sales Charge and/r Capacity Management Charge disclsed abve, depending n the specific nature f services prvided by the appinted distributr. Yu are advised t check with the relevant distributr in Singapre regarding whether such additinal fees apply. The Fund may bear fees and csts incurred by the distributrs/agents f Aberdeen Glbal Services S.A. in centralising rders and supprting best executin (sme f these agents may be affiliates f Aberdeen). Such fees and csts may each amunt t 0.1% p.a. r mre f the Fund s Net Asset Value, depending n the prprtin that each fee r cst bears t the Fund s Net Asset Value. VALUATIONS AND EXITING FROM THIS INVESTMENT HOW OFTEN ARE VALUATIONS AVAILABLE? The indicative prices f the Shares f each class f the Fund ffered t yu in Singapre may be btained frm the Singapre Representative n the day after each Dealing Day (i.e., each business day n which banks in Luxemburg are pen fr business, ther than days during a perid f suspensin f dealing f shares in the Fund, r days (as determined by Directrs in their discretin) n which any exchange r market n which a substantial prtin f the Fund s prtfli is traded). HOW CAN YOU EXIT FROM THIS INVESTMENT AND WHAT ARE THE RISKS AND COSTS IN DOING SO? There is n cancellatin perid applicable t subscriptins fr Shares. Sharehlders wishing t redeem Shares shuld submit a redemptin frm t their distributr in Singapre. Redemptin prices are determined as fllws: Redemptin frms received by the Transfer Agent n later than the Cut-Off Time n a Dealing Day will be redeemed at the Share Price fr the Fund calculated n that Dealing Day, subject t any applicable charges. Redemptin frms received after the Cut-Off Time r, n a day which is nt a Dealing Day will be deemed t have been received n the next Dealing Day and will be prcessed and placed n the next Dealing Day. Redemptin prceeds will be paid within 5 Singapre business days f the applicable Dealing Day. An example f hw the redemptin prceeds are calculated is as fllws: Class A Shares* e.g. 1,000 Shares X USD 1.50* = USD 1,500 Number f Shares t be redeemed Net Asset Value Grss redemptin prceeds * Fr illustrative purpses nly. CONTACT INFORMATION HOW DO YOU CONTACT US? Aberdeen Asset Management Asia Limited, the Singapre Representative, can be cntacted at: 21, Church Street, #01-01, Capital Square Tw, Singapre Telephne number: Refer t paragraph 12 f Obtaining Price Infrmatin and paragraph 10 f Redemptins f the Prspectus fr further infrmatin n valuatin and exiting frm the prduct. 4

5 APPENDIX: GLOSSARY OF TERMS RY OF TERMS Business Day means a day n which banks in Luxemburg are pen fr business (24 December is nt a Business Day). Cmpany means Aberdeen Glbal. Cut-Off Time means hurs (Luxemburg time) n a Dealing Day. Dealing Day means any Business Day ther than, days during a perid f suspensin f dealing f Shares in that Fund r, days (as determined by the Bard in its discretin) n which any exchange r market n which a substantial prtin f the Fund s prtfli is traded, is clsed. Emerging Market means any cuntry that is included in the MSCI Emerging Markets Index r cmpsite theref (r any successr index, if revised), r any cuntry classified by the Wrld Bank as a lw t upper middle incme cuntry. Grss Investment Amunt means the amunt submitted by r n behalf f an investr fr investment in the Fund and ut f which any initial r ther charges will be paid prir t investment. Net Asset Value means in relatin t any Class f Shares in a Fund, the value f the net assets f that Fund attributable t that Class Singapre business day means a day which is a Dealing Day and n which banks in Singapre are pen fr business. UCITS means Undertaking fr Cllective Investment in transferable Securities. 5

PRODUCT HIGHLIGHTS SHEET

PRODUCT HIGHLIGHTS SHEET Prepared n: 03/07/18 This Prduct Highlights Sheet is an imprtant dcument. It highlights the key terms and risks f the Aberdeen Glbal Australian Dllar Incme Bnd Fund (the Fund ) and cmplements the Singapre