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  • Notes to the financial statements for the year ended 30 September 2014 Aberdeen Thailand Equity Fund SGD Class

Units at beginning of the financial year Units created Units cancelled Units at end of the financial year Less number of S$ units issued to US$ unitholders Units at end of the financial year of S$ unitholders

Net assets attributable to unitholders Net asset value per unit

USD Class Units at beginning of the financial year Units created Units cancelled Units at end of the financial year

Net assets attributable to unitholders Net asset value per unit

192,900,033

195,643,951

10.81

9.30

2014 22,886,939 6,804,607 (10,385,056) 19,306,490 (1,461,769) 17,844,721

2013 22,479,367 14,269,322 (13,861,750) 22,886,939 (1,850,896) 21,036,043

S$

S$

3,258,843

1,472,609

1,146,104

4,195,043

(1,829,022)

(2,408,809)

2,575,925

3,258,843

2014

2013

15,801,608

17,213,333

6.13

5.28

S$

S$

For subscriptions and redemptions and for various fee calculations, investments are stated at the last traded prices on the valuation day for the purpose of determining net asset value per unit while for reporting purposes the policy is to value the investments at the relevant bid market prices as at the reporting date.

The effect of bid market prices in the net assets attributable to unitholders is as follows:

2014 S$

Net assets attributable to unitholders per financial statements Effect of adopting bid prices at fair value Net assets attributable to unitholders for issuing/redeeming

208,701,641 729,996 209,431,637

2013 S$

212,857,284 7,680,018 220,537,302

8.

Distribution to unitholders

The Managers did not propose any distribution to unitholders for the financial year ended 30 September 2014 (2013: S$Nil).

9.

Related party transactions

In the normal course of business of the Trust, management fees have been paid or are payable to the Managers and trustee fees and valuation fees have been paid or are payable to the Trustee.

In accordance with the Deed of Trust constituting the Trust, management fee rebates are received from the Managers of the underlying funds for certain sub‑funds. The management fee rebates range from 1.0% to 1.5% (2013: 1.0% to 1.5%). The rebates are paid in the form of additional units/shares issued by the underlying funds or cash.

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