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Annualized Returns |
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Pricing as of
Sep 01, 2010 |
Month-End performance
as of Aug 31, 2010 |
Quarter-End performance
as of Jun 30, 2010 |
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NAV |
Chg |
YTD |
1yr |
5yr |
10yr |
Life
12\02\98 |
1yr |
5yr |
10yr |
Life
12\02\98 |
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at NAV |
$11.3 |
$0.38 |
-7.04% |
0.11% |
1.56% |
-1.70% |
2.35% |
6.93% |
2.09% |
-2.18% |
2.04% |
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Gross Expense Ratio: 0.99
Net Expense Ratio: 0.95 |
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PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RESULTS. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month-end, which may be higher or lower than the performance shown above, please call 866-667-9231.
Returns prior to 7/12/10 reflect the performance of a predecessor fund, the International Stock Fund, a series of Pacific Capital Funds. Please consult the Fund’s prospectus for more detail. Total returns assume the reinvestment of all distributions. Total returns may reflect a waiver of part of the Fund’s fees for certain periods since inception, without which returns would have been lower. The difference between gross and net expense ratios reflects contractual expense waivers in place through 7/20/11.
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TOP HOLDINGS (all classes) as of 07/31/2010
| Holding | Percent |
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| VODAFONE GROUP ORD USD0.11428571 | 4.48% | | | ENI EUR1 | 3.99% | | | BRIT AMERICAN TOBACCO ORD GBP0.25 | 3.48% | | | TAKEDA PHARMACEUTICAL NPV | 3.43% | | | TAIWAN SEMICONDUCTOR MANUFACTURING TWD10 | 3.35% | | | ZURICH FINANCIAL SERVICES CHF0.1 | 3.35% | | | STANDARD CHARTERED ORD USD0.5 | 3.15% | | | QBE INSURANCE GROUP NPV | 3.10% | | | TENARIS 1 ADR REP 2 ORD SHS | 3.06% | |
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| INVESTMENT OBJECTIVE |
| The Fund seeks long-term capital appreciation. |
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| INVESTMENT STRATEGY |
The Fund primarily invests in equity securities of companies located in, or that derive a significant portion of their earnings or revenues from, a number of countries around the world other than the U.S., including emerging market countries. The Fund’s investment team employs a fundamental, bottom-up equity investment style, which is characterized by intensive, first-hand research and disciplined company evaluation. | |
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| PORTFOLIO MANAGEMENT |
| Aberdeen Global Equity Team |
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| RISK CONSIDERATIONS |
Foreign securities are more volatile, harder to price and less liquid than U.S. securities. These risks are enhanced in emerging market countries.
Equity stocks of small and mid-cap companies carry greater risk, and more volatility than equity stocks of larger, more established companies.
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Key Facts
| Class | Ticker | CUSIP |
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| Institutional* | WPIEX | 003021839 | | | Inst. Svc.* | AIESX | 003021664 | |
| Redemption fee |
| 2.00% applied within 90 Days |
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| Minimum initial investment |
$1,000,000 Institutional*
$1,000,000 Institutional Service*
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| Total net assets (all classes) |
| as of August 31, 2010 $146.8 million |
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| * Only certain investors are eligible to purchase shares of these classes. |
Literature
How to Invest
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