Report to Unitholders for the year ended 30 September 2014 Aberdeen European Opportunities Fund
a) Classification of Investments Please refer to the Statement of Portfolio in the Annual Financial Statements.
b) Credit Rating of Debt Securities n/a
c) Top 10 Holdings Please refer to the Key Information on the underlying scheme.
d) Exposure to derivatives Nil
g) Amount of redemptions and subscriptions (1)
Investment in other schemes
Security Name Aberdeen Global ‑ European Equity Fund
Borrowings of total fund size Nil
Market Value (S$) 61,475,143
% of Fund 98.05
h) Amount of Related‑Party Transactions The Manager’s management fee is currently set at 1.5% p.a. (subject to a maximum of 2.5% p.a.).
1‑yr 3‑yr 5‑yr
2.35 40.46 24.91
1 7.1 6
1. 9 1
7.96 53.30 28.84
m) Soft dollars received from brokers The Manager does not receive soft commissions or cash rebates from dealing on the Aberdeen European Opportunities Fund.
The manager of Aberdeen Global ‑ European Equity Fund (“Underlying Fund”) is Aberdeen International Fund Managers Limited and the investment adviser is Aberdeen Asset Managers Limited. Please note that there is no double charging of management and advisory fees as the Fund invests into the Z ‑ class shares of the Underlying Fund, which do not charge management and advisory fees.
Please refer to the Notes to the Financial Statements in the Annual Financial Statements.
Performance of the Scheme
(*) Inception Date: 14/08/1998
k) Turnover ratios Please refer to the Notes to the Financial Statements in the Annual Financial Statements.
Expense ratios Please refer to the Notes to the Financial Statements in the Annual Financial Statements.
Any material information that will adversely impact the valuation of the scheme Nil