Aberdeen Equity Long-Short Fund Wins at 2009 Lipper Fund Awards

Apr 03, 2009, 07:00 ET from Aberdeen Asset Management Inc.

WEST CONSHOHOCKEN, Pa., April 3 /PRNewswire/ -- Aberdeen Asset Management Inc. (Aberdeen) today announced that the Aberdeen Equity Long-Short Fund, Institutional Class: GGUIX) , won in the "Best Long/Short Equity Fund over Three Years" category at the 2009 Lipper Fund Awards. The Fund competed among 37 long/short equity share classes to win the award.

"We are very delighted to be recognized by Lipper for the Fund's consistently strong performance over the past three years," said Shahreza Yusof, Head of U.S. Equities. "The award validates Aberdeen's belief that, by following a clearly defined, consistent investment discipline for each of our mutual fund portfolios, together with our investment team's hard work, we can produce superior returns for our clients over the long term."

The Lipper Fund Awards are presented by Lipper, a leading global provider of mutual fund research and analysis, and are based on calculation of Consistent Return(1). The ceremony took place on April 2, 2009 in New York City.

1. Consistent Return is a quantitative metric that incorporates two characteristics: risk-adjusted return and the strength of the fund's performance trend. Lipper determined the award winner by averaging the decile rank of the three-year Consistent Return scores for all of the funds within the eligible groups. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data, the accuracy is not guaranteed by Lipper.

Lipper, a wholly owned subsidiary of Reuters, is a leading global provider of mutual fund information and analysis to fund companies, financial intermediaries and media organizations.

PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RESULTS. The Aberdeen Equity Long-Short Fund Lipper award was based on Institutional class shares of the Fund. Other share classes may have different performance characteristics. Fund performance may now be higher or lower than the performance that was calculated to win this award. Performance reflects certain fee waivers, without which returns would be lower.

Over the time period rated, the Fund has experienced negative performance.

The strategy used by the portfolio manager involves securities transactions, such as short-selling and leverage, which may cause the Fund to have greater risk and volatility.

A short position will lose value as the security's price increases. Theoretically, the loss on a short sale can be unlimited. Leverage will also increase market exposure and magnify risk.

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 prospectus, or download a prospectus at www.aberdeeninvestments.com. Please read the 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 distributed by Aberdeen Fund Distributors LLC, Member FINRA.

Aberdeen Asset Management Inc. is a wholly-owned subsidiary of UK-listed Aberdeen Asset Management PLC, a global asset management company.

SOURCE Aberdeen Asset Management Inc.