Aberdeen Introduces Three New Multi-Asset Funds
PHILADELPHIA, Oct. 8, 2012 /PRNewswire/ -- Aberdeen Asset Management announces the introduction of the Aberdeen Dynamic Allocation Fund, the Aberdeen Diversified Income Fund and the Aberdeen Diversified Alternatives Fund. These funds were created on September 24, through the reorganization and renaming of Aberdeen's previous range of "Optimal Allocation" target risk funds.
"As a truly global asset management company, we believe that Aberdeen is well qualified to manage diversified multi-asset portfolios, utilizing the widest of opportunity sets," said Gary Marshall, Chief Executive, Aberdeen Asset Management Inc. "Our newly restructured multi-asset range brings three clear outcome-orientated strategies to investment advisors, helping them meet real world client needs in today's demanding investing climate."
These multi-asset funds will be managed in Philadelphia by the Aberdeen Solutions investment team, responsible for $37 billion of assets under management globally as of June 30th, 2012. Built with a fund of funds structure, the three funds share the following common features:
- A global orientation offering diversification by geography across both traditional and non-traditional asset classes.
- A strategic long-term approach blended with dynamic responsiveness to market events.
- Complementary architectures that combine Aberdeen's strengths with quality third-party offerings.
- A blend of active and passive approaches designed to offer a cost-effective approach to broad asset class diversification.
"Since the financial crisis, thoughtful investors have recognized the need for widening the strategic allocations of their portfolios beyond traditional U.S.-centric asset classes, while also being cognizant of the important role played by the timely execution of those exposures," said Nigel Storer, Head of U.S. Development, Aberdeen Solutions.
Richard Fonash, Aberdeen Solutions Senior Investment Manager, comments, "Aberdeen's global footprint is a key competitive advantage. Combining proprietary internal research with our wide-ranging approach to asset class selection enables the investment team to build what we believe are some of the most interesting mutual fund portfolios currently available to investors."
About Aberdeen Asset Management
Aberdeen Asset Management PLC, the parent company of Aberdeen Asset Management Inc., is an independently‐run asset manager listed on the London Stock Exchange since 1991, and operating from 31 offices in 23 countries (the "Group"). The Group invests on behalf of institutional and wholesale clients, primarily in equities, fixed income, alternative investment strategies and property. The Group manages more than US$286.5 billion of assets for both institutions and private individuals as of June 30, 2012.
The funds are subject to different levels and combinations of risk, based on its actual allocation among the various asset classes and underlying funds. The funds will be affected by stock and bond market risks, among others. Foreign securities are more volatile, harder to price and less liquid than U.S. securities; and are subject to different accounting and regulatory standards, and political and economic risks. These risks are enhanced in emerging markets countries.
The funds' investments in high-yield bonds may subject the funds to substantial risk of loss. The funds invest a significant proportion of its assets in non-traditional asset classes, which may involve riskier types of securities or investments than those offered by other asset classes. Please read the prospectus for more detailed information regarding these risks.
Diversification does not insure against a profit or guarantee against a loss.
Investors should carefully consider a fund's investment objectives, risks, fees, charges and expenses before investing any money. To obtain this and other fund information, please call 866-667-9231 to request a summary prospectus and/or prospectus, or download at www.aberdeen-asset.us. Please read the summary prospectus and/or prospectus carefully before investing any money. Investing in mutual funds involves risk, including possible loss of principal. There is no assurance that the investment objective of any fund will be achieved.
Aberdeen Funds are distributed by Aberdeen Fund Distributors LLC, Member FINRA and SIPC. 1735 Market Street, 32nd Floor, Philadelphia, PA 19103. "Aberdeen" is a U.S. registered service mark of Aberdeen Asset Management PLC.
SOURCE Aberdeen Asset Management