Aberdeen Focused U.S. Equity Fund*

Important information

Investment Objective

The Fund seeks long-term capital appreciation.

Holdings

TOP HOLDINGS (all classes) as of 04/30/2018

Name Percent
VISA A SHS USD0.0001 5.50%
AMAZON.COM USD0.01 4.95%
MICROSOFT CORP USD0.00000625 4.83%
EOG RESOURCES USD0.01 4.43%
SCHWAB (CHARLES) CORP USD0.01 4.36%
INTERCONTINENTAL EXCHANGE GRP USD0.01 4.30%
BAXTER INTL COM USD1 4.26%
M&T BANK CORP USD0.5 4.21%
ALPHABET A USD0.001 4.17%
VERISK ANALYTICS A USD0.001 4.15%

Risk considerations

The investment team may select securities that underperform the stock market or other funds with similar investment objectives and strategies.

Equity securities of small and mid-cap companies generally carry greater risk and more volatility, and may be more illiquid, than equity securities of larger, more established companies.

Because the Fund invests a greater proportion of its assets in the securities of a smaller number of issuers, the Fund will be subject to greater volatility with respect to its investments than a fund that invests in a larger number of securities.

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

*As of Nov. 15, 2017, The Fund name changed from the Aberdeen Equity Long-Short Fund.