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# Aberdeen Global Income Fund, Inc. (NYSE MKT: FCO)
  (EST)
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Daily Data

At close Mar 02, 2015

NAV$10.64
Market Price$9.50
Premium/(Discount)-10.71%

The NAV information is provided by the Fund's accounting agent. The price is as reported by the exchange on which the Fund trades. This information is unaudited and neither Aberdeen Asset Management PLC, its wholly owned subsidiaries, the Funds, nor any other person guarantees their accuracy.

 
 

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Aberdeen Global Income Fund, Inc. (NYSE MKT: FCO)

Investment Objective

The Fund’s principal investment objective is to provide high current income by investing primarily in fixed income securities. As a secondary investment objective, the Fund seeks capital appreciation, but only when consistent with its principal investment objective.

For more detailed information on the specific risks associated with this fund, please view the Important Risk Considerations tab. 


 

Fund Managers’ Monthly Report

December 2014

  • Most global core government bond yields fell in December due to deflationary pressures from sharply lower oil prices. Expectations grew for sovereign bond purchases by the European Central Bank. However, the U.S. market bucked the trend as shorter-term yields rose after the Federal Reserve signalled it was on track to hike interest rates in 2015.
  • As commodity prices fell, the economic outlooks for exporters Canada and Australia waned and their bonds outperformed comparable-duration U.S. Treasuries over the month. Likewise, New Zealand followed suit.
  • Emerging market debt suffered as general risk-aversion and the plunge in oil prices affected exporting nations’ credits. Investment-grade securities outperformed high yield bonds as Venezuela and Ukraine were the weakest-performing markets. Local currency debt underperformed its hard currency counterpart, as Russia and Brazil posted losses attributable mainly to declines in the ruble and real, respectively. Conversely, oil importers Thailand and the Philippines outperformed the overall market with higher currency returns.
  • The U.S. dollar strengthened against all other G-10 currencies in December. The New Zealand dollar and British pound were most resilient, while the Norwegian krone and Australian dollar saw the largest depreciation.
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Full investment objective, investment policies and investment restrictions Section 16 Filings
 
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