Aberdeen Asset Management hat uns informiert, dass folgende Fonds zum 22. Juli 2016 fusionieren.
Die Anteile der abgebenden Anteilsklassen gehen damit in die aufnehmenden Anteilsklassen über.
Das jeweilige Umtauschverhältnis wird von der Fondsgesellschaft vorgegebenen und am Fusionstag bekannt gemacht.
| Abgebender Fonds | ISIN | Aufnehmender Fonds | ISIN |
|---|---|---|---|
| Select International Bond Fund | IE00B23T7H39 | Select Euro High Yield Bond Fund | LU0119174026 |
| Select International Bond Fund | IE0001030513 | Select Euro High Yield Bond Fund | LU0411469744 |
Anteile der abgebenden Fonds können über die FFB nicht mehr gekauft oder zurückgegeben werden.
Bei einer Fondszusammenlegung verfahren wir nach dem Vorschlag der Fondsgesellschaft. Pläne in den abgebenden Fonds werden automatisch auf die aufnehmenden Fonds umgestellt und dort fortgeführt. Zu beachten sind hierbei eventuell abweichende Anlageschwerpunkte. Soll zur Abdeckung der ursprünglich verfolgten Anlageziele ein anderer Fonds genutzt werden, benötigen wir einen neuen schriftlichen Auftrag.
Wir weisen darauf hin, dass die Verschmelzung für unsere Kunden unter Umständen steuerliche Konsequenzen haben kann. Wir empfehlen Kunden daher, sich bei ihrem Steuer- bzw. Finanzberater über die steuerlichen Auswirkungen zu informieren.
Kunden der aufnehmenden Anteilsklassen werden ebenfalls über die Fusion informiert.
Den Datenträger der Fondsgesellschaft haben wir beigelegt.
Für die Verwahrung und Administration von Anteilen und die Umsetzung von Aufträgen verweisen wir auf unsere allgemeinen Geschäftsbedingungen und unser Preis- und Leistungsverzeichnis.
Freundliche Grüße
FFB-Vertriebspartnerbetreuung
THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. IF IN DOUBT, PLEASE SEEK PROFESSIONAL ADVICE
Luxembourg, 10 June 2016
Notice to the shareholders of Aberdeen Global – Select Euro High Yield Bond Fund
Dear Shareholder,
Notice is hereby given to you as a shareholder of Aberdeen Global – Select Euro High Yield Bond Fund (the “Fund”), of the decision of the board of directors (the “Board of Directors”) of Aberdeen Global (the “Company”) to merge Select International Bond Fund, a sub-fund of Select International Funds Public Limited Company, an umbrella UCITS fund with segregated liability between sub-funds domiciled in Ireland with authorisation granted by the Central Bank of Ireland (the “Merging Fund”), by way of merger by amalgamation, into the Fund (the “Merger”) on Friday 22 July 2016 (the “Effective Date”).
The Merger will be effected in accordance with the provisions of articles 2.1(p)(iii) and 37 to 45 of Directive 2009/65/EC of the European Parliament and Council of 13 July 2009, as amended, as implemented into Luxembourg legislation by article 1(20) c) and articles 65 to 76 of the Luxembourg law of 17 December 2010 on undertakings for collective investment, as amended, and into Irish legislation by section 3(1) and sections 55 to 66 of the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011, as amended.
The shareholders of the Merging Fund who participate in the Merger will receive in exchange for their shares, shares in the Fund of the following classes: Class A-1 shares (ISIN: LU0119174026) and Class A-1 (GBP) shares (ISIN: LU0411469744).
1) Background to and rationale for the Merger
The Merger is part of a rationalisation of the range of Aberdeen-managed funds that is being undertaken with the aim of generating efficiencies in the management and marketing of products.
This includes merging funds that pursue similar investment strategies. Aberdeen pursues the optimisation of its product range by regularly reviewing the existing product ranges according to investment strategy, fund size, economies of scale and cost efficiency. The Merger aims to consolidate the assets under management and render the products more commercially viable.
2) Impact on the Fund
The Fund will continue to be managed according to its current investment objective and policy after the Merger. The Fund’s investment portfolio will not need to be rebalanced before or after the Merger. In addition, since an income equalisation policy is operated in respect of the Fund, any income accruing to existing shareholders will not be diluted as a result of the Merger.
Consequently, the Board of Directors does not anticipate any material impact on the Fund’s investment portfolio or performance as a result of the Merger.
3) Impact on the dealing and valuation times
In order to facilitate the Merger and minimise the risk of an operation error which may arise due to the Merger, the Board of Directors, in accordance with Article 21 of the articles of incorporation of the Company and in consultation with BNP Paribas Securities Services, Luxembourg branch, the custodian of the Fund, has decided to suspend calculation of the net asset value and thus dealing in the shares of the Fund on the Effective Date, Friday 22 July 2016.
During the suspension period the Fund will continue to accept redemption requests, which will be dealt with immediately upon resumption of dealing. Shareholders should note that any subscription, redemption or conversion applications for Shares in the Fund received after 13:00 (Luxembourg time) on Thursday 21 July 2016 will be priced as at Monday 25 July 2016. The Board of Directors believes that such a suspension is in the best interests of shareholders of the Fund.
4) Expenses and costs
All costs of implementing the Merger, including the costs of convening and holding the meeting of shareholders of the Merging Fund and preparing associated documentation, will be paid by Aberdeen.
5) What to do next
IF YOU WISH TO CONTINUE TO INVEST IN ABERDEEN GLOBAL THROUGH THE FUND, YOU DO NOT NEED TO TAKE ANY FURTHER ACTION.
Shareholders of the Fund have the right to redeem their shares free of charge until 13:00 (Luxembourg time) on Thursday 21 July 2016.
Shareholders may obtain copies of the auditor’s report relating to the Merger and the common terms of merger agreed between the Company and Select International Funds Public Limited Company free of charge from the registered office of the Company.
The Board of Directors accepts responsibility for the accuracy of the information contained in this letter. To the best of the knowledge and belief of the Board of Directors (who have taken reasonable care to ensure this is the case) the information contained in this letter is in accordance with the facts and does not omit anything likely to affect the importance of such information.
If you have any questions or would like any further information please contact us at our registered office.
Alternatively, please call one of the following helplines:
Europe (excluding UK) and rest of the world: +352 46 40 10 7425
UK: +44 (0)1224 425257
Asia: +852 2103 4700
Yours faithfully
Soraya Hashimzai
For and on behalf of
the Board of Directors of Aberdeen Global
on behalf of
Aberdeen Global – Select Euro High Yield Bond Fund
