22
FUND PROFILE
MAY 2012
Aberdeen Asset Management runs its equity portfolios with a proprietary process that is designed to avoid a star manager culture by using teams of managers cooperating on portfolios, working in the countries or regions where the funds invest.
Aberdeen uses a bottom-up stock-picking style, only investing in a company after meeting the management and analysing the business model.
After analysing the company the firm decides whether the price of the stock is cheap before buying to hold for the long-term with low turnover of holdings.
The firm downplays benchmark’s in portfolio construction, believing that they are not reliable predictors of future performance.
The firm’s portfolio of products includes both open and close-ended funds and they are among the top performers in a number of sectors.
Asian is an area of expertise for Aberdeen, which has a particularly long history of investing in the region.
The firm has a range of five-crown rated portfolios covering Emerging Markets in general, Asia as a whole and Japan and India in particular.
In Asia the firm’s determination to avoid companies in which there is political interference in the management helps it to avoid the corporate governance issues that trouble the region.
However, Aberdeen also offers a range of products including domestic funds and funds covering fixed-income assets.
NAME
Aberdeen Global - Emerging Markets Equity D2 GBP in GB Aberdeen - Emerging Markets A Acc in GB
Aberdeen Global - Asia Pacific Equity D2 GBP in GB Aberdeen Global - Indian Equity D2 GBP in GB Aberdeen - Asia Pacific & Japan A Acc in GB Aberdeen - Managed Distribution A Acc in GB
FE CROWN FUND RATING
1 YEAR -5.23 -5.26 -7
-17.22 -3.87 4.71
3 YEAR 61.12 63.25 52.77 54.36 49.58 44.36
TOP RATED FUNDS 5 YEAR
10 YEAR 73.5
71.51 49.35 43.43 41.52 16.62
344.26
154.48
NAME
Aberdeen - Asia Pacific & Japan A Acc in GB Aberdeen - Emerging Markets A Acc in GB Aberdeen - Managed Distribution A Acc in GB Aberdeen Global - Asia Pacific Equity D2 GBP in GB Aberdeen Global - Emerging Markets Equity D2 GBP in GB Aberdeen Global - Indian Equity D2 GBP in GB
2012 3.73 1.38 0.44 3.82 1.3
-0.38
2011 -12.6
-11.82 6.82
-15.14 -11.88 -26.02
2010
31.09 31.64 12.89 31.29 31.02 40.99
2009
TOP RATED FUNDS 2008
38.18 61.17 17
52.26 61.94 63.45
-21
-23.63 -16.31 -26.39 -22.82 -35.71
NAME Aberdeen Emerging Markets
AFI AGGRESSIVE Yes
AFI BALANCED Yes
AFI CAUTIOUS Yes
FE ADVISER FUND INDEX CONSTITUENTS 1YR
3YR -5.26 63.25 5YR 71.51 10YR 344.26
Data source: FE. Calculation basis: bid to bid, net income re-invested, in UK Sterling to 17th May 2012. Past performance is no guarantee of future results. FE does not accept responsibility for any damages or losses which may arise from use of this information. Care has been taken to ensure that the information is correct but FE neither warrants, represents nor guarantees the contents of the information. FE Crown Fund Ratings are based on quant analysis of consistency, volatility and performance of a fund. FE Alpha Manager Ratings identify the best fund managers in the UK, using quant based analysis from 1 Jan 2000. FE AFI represents a portfolio of funds based on different investment attitudes, chosen by the UK’s leading IFAs. For more information visit
www.trustnet.com
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