OPEN ENDED FUND DECEMBER 2010

Aberdeen Global -
Emerging Markets Equity Fund
Performance Data and Analytics to 30 November 2010
Summary investment objective
Long-term total return by investing in Emerging Market equities.
For full investment objective and policy details refer to the Prospectus.

Top ten holdings

Performance (%) Country %
China Mobile China/Hong Kong 4.0
Annualised Samsung Electronics (Pref) South Korea 3.9
1 month 3 months 6 months 1 year 3 years 5 years Launch Vale Brazil 3.9
Fund -0.64 14.00 22.32 24.44 7.53 17.51 23.49 TSMC Taiwan 3.5
Petroleo Brasileiro (Pref) ADR Brazil 3.5
Benchmark -2.64 11.35 17.55 15.65 -2.19 12.84 20.28 Banco Bradesco (Pref) ADR Brazil 3.3
Difference 2.00 2.65 4.77 8.79 9.72 4.67 3.21 Akbank Turkey 3.0
PetroChina China/Hong Kong 3.0
Sector average -2.66 11.58 18.66 13.90 -4.38 10.36 17.58 FEMSA ADR Mexico 3.0
Sector ranking 30/472 49/458 57/440 30/395 6/283 4/198 7/141 Massmart South Africa 2.8
Quartile 1 1 1 1 1 1 1 Total 33.9
Total number of holdings 64

Discrete annual returns (%) - year ended 30/11 Country breakdown

2010 2009 2008 2007 2006 %
Fund 24.44 83.66 -45.58 35.14 33.38 Brazil 17.3
China/Hong Kong 15.8
India 13.2
Mexico 7.4
Calendar year performance (%) South Korea 5.5
Year to date 2009 2008 2007 2006 South Africa 4.9
Taiwan 4.8
Fund 20.64 79.91 -43.90 32.91 33.49
Turkey 4.5
Benchmark 11.24 79.02 -53.18 39.78 32.59 Thailand 4.4
Difference 9.40 0.89 9.28 -6.87 0.90 Malaysia 3.1
Other 15.8
Sector average 10.38 75.64 -55.40 37.17 31.39 Cash 3.3
Sector ranking 26/402 102/369 26/343 206/282 70/237 Total 100.0
Quartile 1 2 1 3 2
Performance Data: Share Class A2 Acc Sector breakdown
The Class S share has less than 12 months of performance history, and therefore no fund performance data can currently %
be shown for this class. Financials 30.0
Source: Lipper, Basis: total return, NAV to NAV, net of annual charges, gross Income reinvested. (USD) Energy 13.1
These figures are gross of an initial charge: to the extent that if this is paid, it will reduce performance from that shown. Consumer Discretionary 12.9
Note: The fund changed its objective on 30 June 2003. The objective changed so significantly that performance is taken Information Technology 10.7
from the date of the new objective Consumer Staples 9.6
Past performance is not a guide to future performance. The value of investments may go down as well as up and Materials 7.8
an investor may not get back the amount invested. Telecommunication Services 6.4
Other 6.2
Cash 3.3
Fund managers’ report Total 100.0
Figures may not always sum to 100 due to rounding.
Emerging stockmarkets fell in US dollar terms in November, on concerns that China’s bid to
tame inflation, escalating tension on the Korean peninsula and Europe’s debt crisis will hamper Key information
global growth. Benchmark MSCI Emerging Markets

Developing economies continued to grow in the third quarter, although the pace of expansion Fund size US$8.0bn
moderated. Many central banks held interest rates steady, despite a pick-up in inflation. Only Date of launch 15 August 2001
Hungary, India and Korea raised policy rates. Investment team Global Emerging Markets
Turkey’s robust economic rebound and improving public finances prompted Fitch to raise its
rating outlook to positive from stable. Standard & Poor’s upgraded the Philippines’ sovereign Further information
rating for the first time since 1997 on the back of stronger external liquidity, foreign reserves Investor Service
and progress in debt reduction. + 44 (0)1224 425255 (UK)
+ 352 4640 1 0820(International)
Fax Dealing Service + 352 2452 9056
Fund managers’ report continues overleaf Receive the factsheet of your choice by email as
soon as they are available by registering at
The risks outlined overleaf relating to emerging markets and exchange rate movements www.aberdeen-global.com
are particularly relevant to this Fund but should be read in conjunction with all warnings All sources (unless indicated): Aberdeen Asset Management
and comments given in either the prospectus or simplified prospectus for the Fund. 30 November 2010.

Important information overleaf page 1 of 2

 OPEN ENDED FUND DECEMBER 2010

Aberdeen Global - Emerging Markets Equity Fund

Fund managers’ report – continued

Fund risk statistics
In the latest move by governments to stem capital inflows, Korea re-imposed a tax, while
3 years 5 years
Taiwan restored curbs on foreign investment in government bonds Annualised standard deviation of fund 29.23 25.17
Beta 0.88 0.88
In budget news, Argentina’s opposition lawmakers blocked the government’s 2011 Budget, Sharpe ratio 0.20 0.73
whereas Mexico and Chile approved an increase in public spending. Hungary plans to reduce Annualised tracking error 6.73 6.36
the deficit to below the European Union’s 3% limit next year. Annualised information ratio 1.46 0.71
R-squared 0.97 0.95
There were no major portfolio changes in November. Source: Aberdeen Asset Management, Total Return, Gross of
Fees, Russell/Mellon Analytical Services, US$.
Please note the risk analytics figures are calculated on gross
returns whereas the performance figures are based on net
asset value (NAV) returns. In addition, the risk analytics
figures lag the performance figures by one month.

Codes (Share Class A2 Acc)

Important Information Sedol 7178416

Risk factors you should consider before investing: ISIN LU0132412106

• The value of shares and the income from them can go down as well as up and you may get back less
Bloomberg ABEFROA LX
than the amount invested.
• Past performance is not a guide to the future. Reuters LP60059015
• The Fund invests in emerging markets which tend to be more volatile than mature markets and the
value of your investment could move sharply up or down.In some circumstances, the underlying Valoren 1291920
investments may become illiquid which may constrain the Investment Manager’s ability to realise some WKN 769088
or all of the portfolio.The registration and settlement arrangements in emerging markets may be less
developed than in more mature markets so the operational risks of investing are higher.Political risks and
adverse economic circumstances are more likely to arise, putting the value of your investment at risk.
• Movements in exchange rates can impact on both the level of income received and the capital value
of your investment.If the currency of your country of residence strengthens against the currency in Additional information
which the underlying investments of the Fund are made, the value of your investment will reduce and Fund type SICAV
vice versa.
Domicile Luxembourg
Important Information for UK Investors: Currency USD
UK Tax residents should hold their investments in a share class which has ‘Distributor Status’. This is the
case with Sterling Accumulation Shares which have been created to cater for UK tax residents and operated Registered for sale Please refer to
with a view to ensuring that they qualify for distributor status with the UK Inland Revenue. This is applied www.aberdeen-asset.com
for retrospectively each year. This means that investors who are tax resident in the United Kingdom will be
Income payable 30 November
liable to pay income tax on income paid out or re-invested each year but any capital gain realised on the
disposal of the investment will be subject to capital gains tax against which they have an annual allowance. Sector Lipper Global Equity
Emerging Mkts Global
Other important information:
Minimum investment US$1,500
Aberdeen Global is a Luxembourg-domiciled UCITS fund, incorporated as a Société Anonyme and organised
or currency equivalent
as a Société d’investissement à Capital Variable (a “SICAV”). The information contained in this marketing
document should not be considered as an offer, or solicitation, to deal in the shares of any securities or Charges Maximum initial 4.25%,
financial instruments. It is not intended for distribution or use by any person or entity who is a citizen or annual 1.75%
resident of or located in any jurisdiction where such distribution, publication or use would be prohibited.
The Fund is not registered under the United States Securities Act of 1933, nor the United States Investment Total expense ratio 2.00%
Company Act of 1940 and therefore may not directly or indirectly be offered or sold in the United States of Price as at 30/11/10 US$60.84 (Share Class A2 Acc)
America or any of its states, territories, possessions or other areas subject to its jurisdiction or to or for the US$2,131.13 (Share Class S2 Acc)
benefit of a United States Person.
Deal closing time 12.00 pm (UK)
No information, opinions or data in this document constitute investment, legal, tax or other advice and
1.00 pm (Lux)
are not to be relied upon in making an investment or other decision. Subscriptions for shares in the Fund
may only be made on the basis of the latest prospectus and relevant simplified prospectus, together with Daily valuation point 12.00 pm (UK)
the latest annual report, semi-annual report can be obtained free of charge from Aberdeen Asset Managers 1.00 pm (Lux)
Limited, 10 Queens Terrace, Aberdeen, AB10 1YG, Scotland and are also available on www.aberdeen-asset.
Source: Total expense ratio Lipper Fitzrovia as at
com. In Switzerland these documents along with the Fund’s articles of association can be obtained from the 31 March 2010.
Fund’s Representative and Paying Agent, BNP Paribas Securities, Paris, Succursale de Zurich, Selnaustrasse 16,
case postale, 8022 Zurich.
Tax treatment depends on the individual circumstances of each investor and may be subject to change in
the future. You should obtain specific professional advice before making any investment decision.
Issued by Aberdeen Asset Managers Limited. Registered in Scotland No.108419. Registered Office: 10
Queen’s Terrace, Aberdeen, AB10 1YG. Authorised and regulated by the Financial Services Authority in the
United Kingdom. Aberdeen Asset Managers Limited reserves the right to make changes and corrections to
any information in this document at any time, without notice.

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