As of Feb 20, 2018
* 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.
**As of Nov. 15, 2017, The Fund name changed from the Aberdeen Equity Long-Short Fund.
***As of August 15, 2016, The Fund name changed from Aberdeen Global Fixed Income Fund.
† In addition to normal market movements and fund performance, the change in daily net asset value from February 17 to February 21, 2017 reflects an accounting adjustment related to a change in the fund’s valuation procedure, which was made to align the procedures across Aberdeen’s fund range. The daily net asset value between February 17, 2017 and February 21, 2017 for (i) Class A shares of Total Return Bond Fund and Global High Income Fund and Institutional Class shares of Global High Income Fund reduced by 2 cents per share, and (ii) Institutional Class shares of Total Return Bond Fund reduced by 1 cent per share. The difference in the net asset value change for Class A and Institutional Class Shares of Total Return Bond Fund is due to rounding.
†† Net asset values reflect the Fund's receipt of payment on tax reclaims from some European jurisdictions related to prior years in accordance with European Union law under Article 63 of the Treaty on the Functioning of the European Union (the “EU Tax Reclaims”). Each Fund's performance was significantly higher for all periods following receipt of these extraordinary payments in a manner that may not recur in the future. The EU Tax Reclaims received also result in a tax liability to offset the tax benefits that shareholders received in the past. Each Fund has accrued an expense for this estimated tax liability; however, the tax amount is subject to negotiations with the U.S. IRS. Upon final determination by the U.S. IRS, if the actual tax payable is greater than the amount currently accrued, the Fund’s expenses, net asset value and performance may be materially adversely impacted.
††† In addition to normal market movements and fund performance, the change in daily net asset value from November 17 to November 20, 2017 reflects an adjustment to the estimated tax liability owed to the Internal Revenue Service (“IRS”) as a result of the receipt of tax reclaims from certain European jurisdictions related to prior years. The precise tax liability remains uncertain and depends on a final determination by the IRS. Discussions with the IRS are ongoing and there is not an anticipated date of a final IRS determination. The November 20, 2017 adjustment resulted from additional information obtained through these discussions with the IRS. The daily net asset value between November 17, 2017 and November 20, 2017 for (i) Class A and Institutional Class shares of the Aberdeen Select International Equity Fund reduced by 24 cents per share, and (ii) Class A and Institutional Class shares of Aberdeen Select International Equity Fund II reduced by 5 cents per share.