Bangkok--12 Jun--Aberdeen
Aberdeen Asset Management Co., Ltd., FIF expert in Thailand has developed and launched its new service: FIF investors can sell
and switch fund every working day, effective from 15th June 2007 onward.
Taking role as the FIF expert in Thailand, Aberdeen has stepped up in increasing flexibility-driven advantage for FIF investors.
Robert Penaloza, CEO of Aberdeen Asset Management Co., Ltd. talked about the new service that originally investors can sell FIF
unit trusts once a week only and must submit redemption order 3 working days prior to the redemption date which on those days was considered
maximum flexibility for investors. But it’s not going to stop at that pace, taking into account the global investment which has the nature
of constant changing in response to the economic and investment-related factors. Therefore, the flexibility of investment is vital for
decision making process in any investment. Additionally, Aberdeen extends its flexible daily service to cover the fund switching also for
investor can as well switch their unit trusts in to and out of all the 3 FIFs which are currently managed by Aberdeen.
Aberdeen is under preparation to launch many more new FIFs each comes with apparently different investment policy. So, it’s best
to give as many as possible the alternatives to spread investment risks to investors. Such service, of course, will bring to investors all
versatility needed to optimize their investments.
Investors will still be able to sell and switch funds via e-Avenue, the online system provided in the website of Aberdeen whereas
investors can process transactions at all times 24 hours 7 days a week.
Currently, the total asset size of its FIFs now exceeds 6.5 billion Baht* in which there are 3 FIFs currently under Aberdeen’s
management, as follows:
Return in (%) as of 25th May, 2007
Fund 3 M 6M 12M Since Inception
Open-Ended Aberdeen Asia-Pacific Equity Fund 3.57 10.78 23.16 35.82
Benchmark: MSCI AC AP ex Japan THB 3.55 5.20 14.61 24.43
Open-Ended Aberdeen World Opportunities Fund 1.83 5.51 12.33 10.05
Benchmark: MSCI World Free THB 0.39 -1.22 2.80 1.22
Open-Ended Aberdeen European Growth Fund 4.01 0.00 n.a. 9.50
Benchmark: FTSE World Europe Index THB 2.61 0.00 n.a. 3.39
Performances of FIFs are benchmarked with the Index of Association of Investment management Companies (AIMC)
* Source: Total NAV of Aberdeen’s foreign investment funds as of 25th May 2007
Note to Editors:
Aberdeen Asset Management Co., Ltd. is part of the Aberdeen Group, the global asset management group whose investments around the
world hiked to US$164 billion as of 30th May, 2007. So far, the total assets of Aberdeen in Thailand sum up to US$2.4 billion. The
Aberdeen Group has registered in London Stock Exchange, having 89 fund managers in total and 25 offices around the world.
For more information, please contact:
Khun Nontakorn Kijthanapaisan
Tel. 0-2352-3332
[email protected]
Warning
Investment involves risks, investors should gather and understand the information before deciding on investment
Past performances of funds will not guarantee their future performances.
www.aberdeen-asset.co.th