# U.S. Mutual Funds
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Morningstar Ratings

Unless otherwise indicated, ratings shown below are Class A as of Jan 31, 2017

Alphabetically | By Series | 4 or 5 stars

* Effective February 22, 2013, the Fund is closed to new investors except in limited circumstances. For further information, please see the “Investing with Aberdeen Funds – Fund Closure” section of the prospectus beginning on page 197 of the statutory prospectus.

The Morningstar Rating is calculated for investments with at least a three-year history and a large enough category of peers for comparison. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in an investment’s monthly performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of investments in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating for most investments is derived from a weighted average of the performance figures associated with its three-, five and 10-year (if applicable) Morningstar Rating metrics.

Please note that some Morningstar proprietary calculations, including the Morningstar Rating, may be calculated based on adjusted historical returns (pre-inception returns). This investment's independent Morningstar Rating metric is compared against the appropriate universe's actual performance breakpoints to determine the extended performance rating.

Past performance is no guarantee of future results.