Aberdeen Select International Equity Fund II**

Important information

Investment Objective

The Aberdeen Select International Equity Fund II seeks long-term growth of capital.

Holdings

TOP HOLDINGS (all classes) as of 01/31/2018

Name Percent
TAIWAN SEMICONDUCTOR MANUFACTURING TWD10 3.53%
SAMSUNG ELECTRONICS CO PFD KRW5000 3.29%
NOVARTIS REG CHF0.50 3.19%
HENKEL & CO KGAA VORZUG NON-VTG PREF NPV 3.05%
AIA GRP NPV 2.97%
BANCO BRADESCO-ADR NPV 2.87%
FRESENIUS MEDICAL CARE & NPV 2.79%
SHIN-ETSU CHEMICAL CO NPV 2.64%
ROYAL DUTCH SHELL B SHS EUR0.07 2.61%
VODAFONE GRP USD0.2095 2.58%

Risk considerations

Foreign securities are more volatile, harder to price and less liquid than U.S. securities. They are subject to different accounting and regulatory standards, and political and economic risks. These risks are enhanced in emerging markets countries.

Equity stocks of small and mid-cap companies carry greater risk, and more volatility than equity stocks of larger, more established companies.

Please read the prospectus for more detailed information regarding these risks.