Product updates and new disclosures

22 May 2023

New Product Disclosure Statement and updates for the abrdn Multi-Asset Income Fund

Please be advised that a new Product Disclosure Statement for the abrdn Multi-Asset Income Fund was issued on 22 May 2023.

In December, we announced the intention to establish a strategic partnership with SG Hiscock & Company Limited (‘SGH’) and to transfer the local capabilities of abrdn’s Australian equity investment management to SGH. This included the transfer of 2 investment professionals from the abrdn Australian equity team. As a result, the PDS has been updated to reflect the sub-delegation of the Australian equities allocation to SGH. Note there is no change to the investment objective or strategy of the fund and therefore the Target Market Determination remains unchanged.

These documents can be viewed and downloaded at https://www.abrdn.com/en-au/intermediary/fund-centre/au-fund-centre

We recommend that you review this document if you are invested in the Fund.

If you have any questions or require further information, please contact our Client Service Team on 1800 636 888 or +61 3 9612 4646. Alternatively, you may use to email us on clientservice@sghiscock.com.au

5 April 2023

Changes to the abrdn Ex-20 Australian Equities Fund and the abrdn Australian Small Companies Fund

In December 2022, we announced our intention to establish a strategic partnership with SG Hiscock & Company Limited (‘SGH’) in Australia and to transfer the local capabilities of abrdn’s Australian equity investment management to SGH. We wish to notify you that effective on or around 17 April 2023 (‘effective date’), SGH will become the manager of the Fund and the Fund Names will change.

1 April 2023

Fee Reduction and new Product Disclosure Statement for the abrdn Sustainable Emerging Opportunities Fund

abrdn has recently conducted a review of the abrdn Sustainable Emerging Opportunities Fund. As a result of this review, we are making a change to the management fees. We are pleased to announce a fee reduction for the Fund effective 1 April 2023 from 1.50% p.a to 0.99% p.a.

Please be advised that a new Product Disclosure Statement and Additional Information Booklet for the abrdn Sustainable Emerging Opportunities Fund was issued on 1 April 2023.

These documents can be viewed and downloaded at:

• https://www.abrdn.com/en-au/investor/fund-centre
• https://www.abrdn.com/en-au/institutional/fund-centre

We recommend that you review these documents for any fund in which you are invested.

10 March 2023

Early Termination of the abrdn Emerging Market Local Currency Debt Fund

On 15 February 2023 we advised that we would be terminating the abrdn Emerging Market Local Currency Debt Fund (‘the Fund’) on 15 March 2023. In that advice we flagged that we may bring forward the termination date if we deemed it to be in the best interest of unitholders in a Fund. As such, we are now writing to advise that we have terminated the fund effective 10 March 2023, instead of 15 March 2023.

15 February 2023

Termination of the abrdn Emerging Market Local Currency Debt Fund

We would like to advise that, after careful consideration, we have made the decision to terminate the abrdn Emerging Market Local Currency Debt Fund.

Due to the challenging global macro environment we have experienced since launching the Fund in 2019, we have seen only limited demand from investors, and we do not expect it to grow in size in the foreseeable future.

15 February 2023

Termination of the abrdn Global Absolute Return Strategies Fund

We would like to advise that, after careful consideration, we have made the decision to terminate the abrdn Global Absolute Return Strategies Fund (‘the Fund’).

Due to changing demand, the Fund size has become smaller over time and we do not expect it to grow in size in the foreseeable future.

15 February 2023

Termination of the abrdn Global Smaller Companies Fund

We would like to advise that, after careful consideration, we have made the decision to terminate the abrdn Global Smaller Companies Fund (‘the Fund’).

Due to the challenging global macro environment we have experienced since launching the Fund in 2019, we have seen only limited demand from investors, and we do not expect it to grow in size in the foreseeable future.

15 February 2023

Termination of the abrdn Select Sustainable International Equities Fund

We would like to advise that, after careful consideration, we have made the decision to terminate the abrdn Select Sustainable International Equities Fund (‘the Fund’).

Due to changing demand, the Fund size has become smaller over time and we do not expect it to grow in size in the foreseeable future.

15 February 2023

Termination of the abrdn Sustainable Australian Equity Fund

abrdn has conducted a review of its product range and, regrettably, we have decided to close the abrdn Sustainable Australian Equity Fund (‘the Fund’). We have determined that given its small size and limited growth opportunities in the short to medium term, terminating the Fund is appropriate and in the best interests of the Fund’s unitholders in order to avoid having to address the potentially high costs and inefficiencies associated with the ongoing management of a small fund (which could lead to higher management fees for investors).

6 January 2023

AMIT amendment to abrdn funds

Please see attached an important announcement in relation to the proposed modifications to the constitutions for each of the following Funds

• abrdn Sustainable Asian Opportunities Fund
• abrdn Sustainable Emerging Opportunities Fund
• abrdn Global Risk Mitigation Fund
• abrdn International Equity Fund
• abrdn Multi-Asset Real Return Fund
• abrdn Ex-20 Australian Equities Fund
• abrdn Sustainable International Equities Fund
• abrdn Multi-Asset Income Fund
• abrdn Australian Small Companies Fund

We recommend you review this document for any fund in which you are invested.

9 December 2022

abrdn and SG Hiscock intent to establish a strategic partnership in Australia

abrdn plc (abrdn) and SG Hiscock (SGH) announce the intention to establish a strategic partnership in Australia. Under the agreement, SGH will become abrdn’s wholesale distribution partner in Australia by setting up a dedicated team to distribute abrdn’s suite of international funds to the Australian market. abrdn also intends to transfer the local capabilities of the Australian equity investment management to SGH. The transition is expected to be completed in the first half of 2023.

abrdn Australia will continue to employ a number of colleagues in Global and APAC roles. We will also continue to develop our relationships with institutional and consultant clients in Australia, making our global expertise and services available.

We remain strongly committed to supporting the evolving needs of investors in Australia through differentiated investment solutions, managed accounts, active ETFs, sustainable investment strategies and digital advice.

1 December 2022

New Product Disclosure Statement and updates for the abrdn Select Sustainable International Equities Fund

Please be advised that a new Product Disclosure Statement, Additional Information Booklet and Target Market Determination for the abrdn Select Sustainable International Equities Fund was issued on 1 December 2022.

These documents can be viewed and downloaded at:

• https://www.abrdn.com/en-au/investor/fund-centre
• https://www.abrdn.com/en-au/institutional/fund-centre

We recommend that you review these documents for any fund in which you are invested.

25 November 2022

On 25 November 2022, Aberdeen Asset Management Ltd (incorporated in UK) name changed to abrdn Investments Limited.

This company is the delegated IM for the below funds, and is named in the PDSs:

1. abrdn Sustainable Emerging Opportunities Fund
2. abrdn Global Risk Mitigation Fund
3. abrdn International Equity Fund
4. abrdn Sustainable International Equities Fund

This is for your information only. You are not required to take any action.

25 November 2022

New Product Disclosure Statement for the abrdn Global Smaller Companies Fund

Please be advised that a new Product Disclosure Statement and Target Market Determination for the abrdn Global Smaller Companies Fund was issued on 25 November 2022.

These documents can be viewed and downloaded at:

• https://www.abrdn.com/en-au/investor/fund-centre
• https://www.abrdn.com/en-au/institutional/fund-centre

We recommend that you review these documents for any fund in which you are invested.

1 November 2022

New Product Disclosure Statement and updates for the abrdn Sustainable International Equities Fund

Please be advised that a new Product Disclosure Statement, Additional Information Booklet and Target Market Determination for the abrdn Sustainable International Equities Fund was issued on 1 November 2022.

These documents can be viewed and downloaded at:

• https://www.abrdn.com/en-au/investor/fund-centre
• https://www.abrdn.com/en-au/institutional/fund-centre

We recommend that you review these documents for any fund in which you are invested.

1 November 2022

Changes to the abrdn Select Investment Actively Hedged International Equities Fund

On or around 1 December 2022 the Fund strategy will evolve to become a sustainable international equity strategy. The name of the fund will also change to abrdn Select Sustainable International Equities Fund.

From this date the Underlying Fund will utilise our Sustainable philosophy and approach to invest primarily in a concentrated portfolio of around 40-60 international listed companies with the potential for capital growth and increased earning potential. The fund will screen out a greater number of securities with the highest ESG risks via abrdn’s ESG House Score along with quantitative and qualitative inputs.

1 November 2022

Termination of the abrdn Absolute Return Global Bond Strategies Fund

We would like to advise that, after careful consideration, we have made the decision to terminate the abrdn Absolute Return Global Bond Strategies Fund (‘the Fund’).

Due to changing demand, the Fund size has become smaller over time and we do not expect it to grow in size in the foreseeable future.

7 October 2022

New Product Disclosure Statements and updates for the abrdn Sustainable Asian Opportunities Fund

Please be advised that new Product Disclosure Statements, Additional Information Booklet and Target Market Determinations for the abrdn Sustainable Asian Opportunities Fund was issued on 7 October 2022.

These documents can be viewed and downloaded at:

• https://www.abrdn.com/en-au/investor/fund-centre
• https://www.abrdn.com/en-au/institutional/fund-centre

We recommend that you review these documents for any fund in which you are invested.

30 September 2022

Changes to the abrdn Actively Hedged International Equities Fund (ARSN 088 905 033, APIR CRS0005AU)

On or around 1 November 2022 the Fund strategy will evolve to become a sustainable international equity strategy. The name of the fund will also change to abrdn Sustainable International Equities Fund.

From this date the Fund will utilise our Sustainable philosophy and approach to invest primarily in a concentrated portfolio of around 40-60 international listed companies with the potential for capital growth and increased earning potential. The fund will screen out a greater number of securities with the highest ESG risks via abrdn’s ESG House Score along with quantitative and qualitative inputs.

30 September 2022

New Product Disclosure Statements and updates for the abrdn Funds

Please be advised that new Product Disclosure Statements, Additional Information Booklet, Application Forms and Target Market Determinations for the abrdn Funds were issued on 30 September 2022.

These documents can be viewed and downloaded at:

• https://www.abrdn.com/en-au/investor/fund-centre
• https://www.abrdn.com/en-au/institutional/fund-centre

We recommend that you review these documents for any fund in which you are invested.

30 September 2022

Standard Risk Measures for the abrdn Funds - 2022/2023

The latest Standard Risk Measure (SRM) for each abrdn fund is detailed in the attached article. The SRM for each fund is calculated based on industry guidance to allow investors to compare investment options that are expected to deliver a similar number of negative annual returns over any 20 year period.

30 September 2022

Indirect Cost Ratios for the year ended 30 June 2022

The updated Indirect Cost Ratios (ICRs) for the Funds for the year ended 30 June 2022 are disclosed in the attached article. An ICR is used to calculate the management cost of investing through a managed fund, compared with investing directly in the underlying assets of a Fund.

30 September 2022

Indirect Costs for the year ended 30 June 2022

The indirect costs for the year ended 30 June 2022 as quoted in the Product Disclosure Statements issued on 30 September are listed in the attached article.

30 September 2022

Change of custodian for nine abrdn funds

On 19 September 2022 the custodian for the following funds changed to Citigroup Pty Ltd (ACN 004 325 080):

• abrdn Actively Hedged International Equities Fund
• abrdn Australian Small Companies Fund
• abrdn Sustainable Australian Equities Fund
• abrdn Ex-20 Australian Equities Fund
• abrdn Global Smaller Companies Fund
• abrdn Select Investment Actively Hedged International Equities Fund
• abrdn Multi-Asset Real Return Fund
• abrdn Multi-Asset Income Fund
• abrdn Emerging Market Local Currency Debt Fund

This notice of the change is for your information only. You are not required to take any action.

19 September 2022

Regulatory Guide 240 Report Hedge Funds: Improving Disclosure for the following funds:

• abrdn Multi-Asset Income Fund
• abrdn Multi-Asset Real Return Fund
• abrdn Global Smaller Companies Fund
• abrdn Emerging Market Local Currency Debt Fund
• abrdn Global Absolute Return Strategies Fund
• abrdn Absolute Return Global Bond Strategies Fund
• abrdn Global Mitigation Fund

Please be advised that the new Regulatory Guide 240 Report Hedge Funds: Improving Disclosure for the period ended 30 June 2022 has been issued.

12 August 2022

New Product Disclosure Statements and updates for the following funds:

• abrdn Sustainable Asian Opportunities Fund
• abrdn Sustainable Australian Equity Fund
• abrdn Sustainable Emerging Opportunities Fund

Please be advised that new Product Disclosure Statements, Additional Information Booklet, Target Market Determinations and Investment Approach documents were issued on 12 August 2022.

These documents can be viewed and downloaded at:

• https://www.abrdn.com/en-au/investor/fund-centre
• https://www.abrdn.com/en-au/institutional/fund-centre
• https://www.abrdn.com/en-au/intermediary/au-fund-centre

We recommend that you review these documents if you are invested in the fund.

29 July 2022

Termination of the abrdn Fully Hedged International Equities Fund

We would like to advise that, after careful consideration, we have made the decision to terminate the abrdn Fully Hedged International Equities Fund effective 31 August 2022. Due to changing demand, the Fund size has become smaller over time and we do not expect it to grow in size in the foreseeable future.

13 July 2022

Changes to the abrdn Asian Opportunities Fund (ARSN 106 201 236, APIR EQI0028AU)

On 12 August 2022 the Fund strategy will evolve to become a sustainable Asian equity strategy.

The name of the fund will also change to abrdn Sustainable Asian Opportunities Fund. From this date the Fund will utilise our Sustainable Equity Investment philosophy and approach to invest primarily in a concentrated portfolio of around 35-70 Asian (excluding Japan) listed companies with the potential for capital growth and increased earning potential. The fund will screen out a greater number of securities with the highest ESG risks via abrdn's ESG House Score along with quantitative and qualitative inputs.

13 July 2022

Changes to the abrdn Emerging Opportunities Fund (ARSN 109 536 503, APIR ETL0032AU)

On 12 August 2022 the Fund strategy will evolve to become a sustainable emerging market equity strategy. The name of the fund will also change to abrdn Sustainable Emerging Opportunities Fund.

From this date the Fund will utilise our Sustainable philosophy and approach to invest primarily in a concentrated portfolio of around 40-70 emerging market listed companies with the potential for capital growth and increased earning potential. The fund will screen out a greater number of securities with the highest ESG risks via abrdn's ESG House Score along with quantitative and qualitative inputs.

10 May 2022

Change to underlying investment strategy for the abrdn Global Smaller Companies Fund

The abrdn Global Smaller Companies Fund ('The Fund') gains exposure to the shares of smaller companies listed on global stock markets and a range of other assets by investing in an Australian dollar unhedged share class of the Aberdeen Standard SICAV III - Global Smaller Companies Fund ('the Underlying Fund').

On 11 April, the Underlying Fund has made changes to promote ESG characteristics. See attached notice.

This notice of the change is for your information only. You are not required to take any action.

2 May 2022

New Product Disclosure Statements and updates for the abrdn Sustainable Australian Equity Fund

Please be advised that a new Product Disclosure Statement, Additional Information Booklet and Target Market Determination for the abrdn Sustainable Australian Equity Fund were issued on 29 April 2022.

These documents can be viewed and downloaded at:

• https://www.abrdn.com/en-au/investor/fund-centre
• https://www.abrdn.com/en-au/institutional/fund-centre
• https://www.abrdn.com/en-au/intermediary/au-fund-centre

We recommend that you review these documents if you are invested in the fund.

4 April 2022

New Product Disclosure Statements and updates for the abrdn funds

In October 2021, we were delighted to advise you that we changed our name from Aberdeen Standard Investments Australia Limited to abrdn Australia Limited as part of a global rebrand.

We are pleased to advise that we have changed our Fund names to align with the branding of the Responsible Entity.

Accordingly, the names of the Aberdeen Standard Funds have changed from 1 April 2022 and will be known as the 'abrdn funds'.

The new names have been incorporated in the new Product Disclosure Statements, Additional Information Booklet and Application Forms . These documents can be viewed and downloaded through 'Fund Centre'. We recommend that you review these documents for any fund in which you are invested.

4 March 2022

Latest buy/sell spread for the Aberdeen Standard Emerging Market Local Currency Debt Fund

Buy/sell spreads are an amount representing the estimated costs arising from applications and withdrawals made by investors moving into and out of a fund. Charging a buy/sell spread ensures that the cost of buying or selling the underlying assets is borne by those making the application or withdrawal, and not the remaining unit holders in a fund. Buy/sell spreads are retained in a fund, not paid to abrdn.

As per our current Product Disclosure Statement, the Fund invests primarily in emerging market currencies and emerging market local currency-denominated debt and debt related securities.

As you may be aware on 24 February 2022, Russia launched a large-scale invasion of Ukraine, entering the country from multiple directions, including from the territory of Belarus. The US, the EU, the UK and several other countries announced wide-ranging and coordinated sanctions on Russia. As a consequence, the Fund is currently unable to transact in Russian securities.

Due to this conflict, market conditions have become very challenging and we are widening the spread to reflect the cost of trading in the market to protect the interest of investors.

We will continue to monitor the market conditions and update buy/sell spreads as appropriate. We may vary or waive the buy/sell spreads without notice when it is appropriate to protect the interests of existing investors. Please review the latest sell spread for the Fund before deciding to invest or withdraw from the Fund.

4 December 2020

Termination of Aberdeen Standard Investments’ Australian fixed income funds

Aberdeen Standard Investments would like to advise that, after careful consideration, we have made the decision to terminate the following funds on 15 January 2021:

Aberdeen Standard Australian Fixed Income Fund (ARSN 088 907 859) (mFund code: AFZ21)
Aberdeen Standard Diversified Fixed Income Fund (ARSN 119 678 401) (mFund code: AFZ29)
Aberdeen Standard Inflation Linked Bond Fund (ARSN 088 907 475)

Due to changing demand for these types of products, the fund sizes have become smaller over time and we don’t expect them to grow in size in the foreseeable future.

ASI has also announced that it will cease the management of Australian fixed income products for Australian clients, as part of a strategic reconfiguring of the business.

30 November 2020

New Product Disclosure Statement ('PDS') for the Aberdeen Standard Emerging Market Local Currency Debt Fund (ARSN 634 557 510) ('the Fund')

The PDS for the Fund was updated on 30 November 2020. The Fund gains exposure to emerging market local currency debt by investing primarily in the Standard Life Investments Global SICAV Emerging Market Local Currency Debt Fund ('the Underlying Fund').

The PDS has been updated to align with updates made to the prospectus for the Underlying Fund, which includes:

• the Underlying Fund may invest up to 20% of its net assets on the China Interbank Bond Market via Northbound Trading Link through Bond Connect; and
• any additional risk factors associated with this change.

The PDS can be viewed at:
https://www.aberdeenstandard.com/en/australia/investor/fund-centre
https://www.aberdeenstandard.com/en/australia/institutional/fund-centre

16 November 2020

Unit prices for 16 November 2020

Please be advised that there are no unit prices for the below listed Aberdeen Standard Investments funds on Monday 16 November 2020 due to the ASX suspending trading on the sharemarket during the day.

Aberdeen Standard Australian Equities Fund (MGL0114AU)
Aberdeen Standard Multi-Asset Income Fund (CRS0001AU)
Aberdeen Standard Ex-20 Australian Equities Fund Class A (CRS0003AU)
Aberdeen Standard Ex-20 Australian Equities Fund Class P (EQI5000AU)
Aberdeen Standard Australian Small Companies Fund (CSA0131AU)

Further information
If you require further information, please contact your financial adviser or our Client Service team on 1800 636 888 (Australian investors toll free) or +61 2 9950 2853 (if calling from outside Australia). Alternatively you may wish to email us at client.service.aust@aberdeenstandard.com

05 November 2020

Updated Product Disclosure Statement including amendments for the Aberdeen Standard Emerging Market Local Currency Debt Fund (ARSN 634 557 510)

The Aberdeen Standard Emerging Market Local Currency Debt Fund (ARSN 634 557 510) ("Fund") gains exposure to emerging market local currency debt by investing primarily in the Standard Life Investments Global SICAV Emerging Market Local Currency Debt Fund ('the Underlying Fund').

The Underlying Fund has given notice that it proposes to update its prospectus on or around 30 November 2020 to provide that it may invest up to 20% of its net assets on the China Interbank Bond Market via Northbound Trading Link through Bond Connect.

1 November 2020

Reduced Management Fee for the Aberdeen Standard Australian Fixed Income Fund (ARSN 088 907 859) (mFund code AFZ21)

From 1 November 2020 the management fee for the Aberdeen Standard Australian Fixed Income Fund will be 0.45% pa (down from 0.51% pa) for Class A units, and 0.23% pa (down from 0.26% pa) for Class P units.

28 August 2020

Standard Risk Measures for Aberdeen Standard Investments Funds - 2020/2021

The latest Standard Risk Measure (SRM) for each Aberdeen Standard Investments fund is detailed in the attached article.

The SRM for each fund is calculated based on industry guidance to allow investors to compare investment options that are expected to deliver a similar number of negative annual returns over any 20 year period.

28 August 2020

Regulatory Guide 240 'Hedge funds: Improving disclosure' – periodic reporting

The following funds are classified as hedge funds in accordance with the Australian Securities and Investments Commission Regulatory Guide 240 'Hedge funds: Improving disclosure' (RG240).

RG240 requires that Aberdeen Standard Investments, as Responsible Entity of each Fund, provide unit holders with extra information about each Fund on an annual basis.

Please click on the fund name to view the extra information about each Fund:

24 August 2020

Indirect Costs for the year ended 30 June 2020

The indirect costs for the year ended 30 June 2020 as quoted in the Product Disclosure Statements issued in August 2020 are listed in the attached article.

20 August 2020

Indirect Cost Ratios for the year ended 30 June 2020

The updated Indirect Cost Ratios (ICRs) for the Funds for the year ended 30 June 2020 are disclosed in the attached article.

An ICR is used to calculate the management cost of investing through a managed fund, compared with investing directly in the underlying assets of a Fund.

10 August 2020

New Product Disclosure Statements and updates for the Aberdeen Standard Investments funds

Please be advised that new Product Disclosure Statements, Additional Information Booklet and Application Forms for the Aberdeen Standard Investments Funds were issued on 10 August 2020.

These documents can be viewed and downloaded at:
https://www.aberdeenstandard.com/en/australia/investor/fund-centre
https://www.aberdeenstandard.com/en/australia/institutional/fund-centre

We recommend that you review these documents for any fund in which you are invested.

Please 'read more' below for details on updates to the Funds effective 10 August 2020.

22 July 2020

Important information for unit holders in Aberdeen Standard Investments’ funds

Change of Unit Registry provider
From 10 August 2020 the unit registry provider for the Funds will change from RBC Investor Services Trust Limited (RBC) to Citibank Pty Limited (Citi).

For investors through mFund, please note that the ASX has advised that there will be a blackout period on the portal from 11.15am on 5 August 2020 until 5pm on 7 August 2020. Unit holders will still be able to transact by contacting our Client Service team using the contact details in the attached flyer.

The changes, including new bank account and mailing address details, are summarised in the attached flyer, which we encourage unit holders to review and update their records accordingly.

16 July 2020

Adjourned Meeting of the Members of Aberdeen Standard Inflation Linked Bond Fund to Approve Amendments to Fund Constitutions

At an adjourned Meeting of Members of the Aberdeen Standard Inflation Linked Bond Fund 088 907 475 (Fund) held on 16 July 2020, a resolution to amend the Constitution of the Fund was approved. For further details of the amendments to the Fund's Constitution, please refer to the document linked to the Fund in the notice of 9 June 2020 below. The Deed amending the Fund's Constitution has been sent to the Australian Securities and Investments Commission, and will take effect when lodged.

Any questions relating to these disclosures should be directed to Aberdeen Standard Investments Australia Limited on 1800-636-888 or if calling outside Australia on +61 2 9950 2853 between 9am – 5pm (Sydney time), Monday to Friday. You can also email us at client.service.aust@aberdeenstandard.com.

3 July 2020

Aberdeen Standard Emerging Opportunities Fund – change to Investment Management Fee calculation

Aberdeen Standard Investments Australia Limited ('ASIAuL') is paid an Investment Management Fee for managing the Aberdeen Standard Emerging Opportunities Fund ('the Fund').

The Product Disclosure Statement for the Fund provides that the Investment Management Fee is 1.50% p.a. of the gross asset value (GAV) of the Fund.

From 3 July 2020, the Investment Management Fee will be 1.50% p.a. of the net asset value (NAV) of the Fund.

This change will generally lead to a reduction in the Investment Management Fee for the Fund.

2 July 2020

Meeting of the Members of 13 Funds to Approve Amendments to Fund Constitutions

At a Meeting of Members of the funds listed below (Funds) held on 2 July 2020, resolutions to amend the Constitutions of the Funds were approved. For further details of the Meeting and the amendments to each Fund’s Constitution, please refer to the document linked to the relevant Fund in the notice of 9 June 2020 below. The Deeds amending the Constitutions have been sent to the Australian Securities and Investments Commission, and will take effect when lodged.

Aberdeen Standard Actively Hedged International Equities Fund
Aberdeen Standard Asian Opportunities Fund
Aberdeen Standard Australian Equities Fund
Aberdeen Standard Australian Fixed Income Fund
Aberdeen Standard Australian Small Companies Fund
Aberdeen Standard Diversified Fixed Income Fund
Aberdeen Standard Emerging Opportunities Fund
Aberdeen Standard Ex-20 Australian Equities Fund
Aberdeen Standard Fully Hedged International Equities Fund
Aberdeen Standard International Equity Fund
Aberdeen Standard Multi-Asset Income Fund
Aberdeen Standard Multi-Asset Real Return Fund

A Meeting of Members of the Aberdeen Standard Inflation Linked Bond Fund ARSN 088 907 475 (Fund) held on 2 July 2020 to approve a resolution to amend the Constitution of the Fund, as described in the document linked to the Fund in the notice of 9 June 2020 below, has been adjourned to 2pm, 16 July 2020 due to want of a quorum. Proxies submitted for the meeting on 2 July 2020 will remain valid for the reconvened meeting unless we receive notice in writing to the contrary by 2pm on 14 July 2020. The latest time for receipt of a new proxy for the reconvened meeting is 2pm on 14 July 2020. If you wish to attend the reconvened meeting, please email us by no later than 2pm on 14 July 2020. All times are AEST.

Any questions relating to these disclosures should be directed to Aberdeen Standard Investments Australia Limited on 1800-636-888 or if calling outside Australia on +61 2 9950 2853 between 9am – 5pm (Sydney time), Monday to Friday. You can also email us at client.service.aust@aberdeenstandard.com.

9 June 2020

Meeting of the Members of 13 Funds to Approve Amendments to Fund Constitutions

A Meeting of members of the funds listed below is to be held at 10:00 am on 2 July 2020 to vote on resolutions to amend the Constitutions of the Funds. For further details of the Meeting and the proposed amendments to each Fund's Constitution, please refer to the relevant document linked to each fund name listed below:

For a better understanding of the proposed amendments to the Fund Constitutions, please refer to the Frequently Asked Questions

12 March 2020

New Product Disclosure Statement ('PDS') for the Aberdeen Standard Emerging Market Local Currency Debt Fund (ARSN 634 557 510) ('the Fund')

The PDS for the Fund was updated on 12 March 2020. The Fund gains exposure to emerging market local currency debt by investing primarily in the Standard Life Investments Global SICAV Emerging Market Local Currency Debt Fund ('the Underlying Fund').

The PDS has been updated to align with updates made to the prospectus for the Underlying Fund, which includes:

• additional information on the use of a benchmark in the management of the Underlying Fund;
• a description on how the benchmark plays a role in its management, as well as the degree of freedom that the investment manager has in relation to the benchmark; and
• the expected level of leverage, including in atypical or volatile market conditions.

This additional information intends to provide more insight and does not change the way in which the Fund or Underlying Fund is managed in practice.

The PDS can be viewed at:
https://www.aberdeenstandard.com/en/australia/investor/fund-centre
https://www.aberdeenstandard.com/en/australia/institutional/fund-centre

12 March 2020

New Product Disclosure Statement ('PDS') for the Aberdeen Standard Global Smaller Companies Fund (ARSN 636 945 090) ('the Fund')

The PDS for the Fund was updated on 12 March 2020. The Fund gains exposure to the shares of smaller companies listed on global stock markets and a range of other assets by investing primarily in the Standard Life Investments Global SICAV II Global Smaller Companies Fund ('the Underlying Fund').

The PDS has been updated to align with updates made to the prospectus for the Underlying Fund, which includes:

• provision of additional information on the use of a benchmark in the management of the Underlying Fund; and
• a description on how the benchmark plays a role in its management, as well as the degree of freedom that the investment manager has in relation to the benchmark.

This additional information intends to provide more insight and does not change the way in which the Fund or Underlying Fund is managed in practice.

The PDS can be viewed at:
https://www.aberdeenstandard.com/en/australia/investor/fund-centre
https://www.aberdeenstandard.com/en/australia/institutional/fund-centre