January 24, 2019 State Street Bank and Trust Company

EX-99.h.3.d

 

January 24, 2019

 

State Street Bank and Trust Company

▇ ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇ Floor

Boston, MA  02116

Attention:  Fund Administration Legal Department

 

Re:  Aberdeen Funds (the “Trust”)—Additional Class, Fund Name Changes and Liquidation

 

Ladies and Gentlemen:

 

Reference is made to the Sub-Administration Agreement between State Street Bank and Trust Company (the “Sub-Administrator”) and Aberdeen Asset Management Inc. (the “Administrator”) dated as of June 1, 2010, as amended and supplemented (the “Agreement”). Pursuant to the Agreement, this letter is to provide notice of certain changes to the series of the Trust, including the creation of Class A1 shares of the Aberdeen Ultra Short Municipal Income Fund effective as of February 28, 2019.  Additionally, the Aberdeen Tax-Free Income Fund and Aberdeen High Yield Managed Duration Municipal Income Fund will undergo name changes effective February 28, 2019. The Board of Trustees of the Trust also approved the liquidation of the Aberdeen Asia Bond Fund, expected to occur on or about February 21, 2019 (the “Liquidation Date”).

 

In accordance with Section 1 of the Agreement, we request that you act as Sub-Administrator with respect to the new Class A1 shares of the Aberdeen Ultra Short Municipal Income Fund.  In connection with such request, the undersigned hereby confirms to you, as of the date hereof, the representations and warranties in Section 4 of the Agreement. The foregoing changes are reflected in the attached updated Schedule A to the Agreement and the attached updated Annex 1 to Schedule B6 of the Agreement.

 

In relation to the liquidation of the Aberdeen Asia Bond Fund, the Administrator will require the services of the Sub-Administrator in winding up the affairs of the Fund following the Liquidation Date, including completing final reporting and filing requirements for the Fund and any year-end tax related matters.  Please provide the Administrator with an estimate of the final fees expected to be incurred with respect to this Fund.

 

Finally, the Administrator changed its name to Aberdeen Standard Investments Inc. effective January 1, 2019.

 

Please indicate your acceptance of the foregoing changes by executing two copies of this letter, returning one to Aberdeen Standard Investments Inc. and retaining one for your records.

 

[signature page follows]

 

 

 

Sincerely,

 

 

 

 

ABERDEEN STANDARD INVESTMENTS INC.

 

 

 

 

 

 

 

By:

/s/ ▇▇▇▇▇ ▇▇▇▇▇

 

Name:

▇▇▇▇▇ ▇▇▇▇▇

 

Title:

Vice President

 

Accepted:

 

 

 

STATE STREET BANK AND TRUST COMPANY

 

 

 

 

 

By:

 

 

Name:

 

 

Title:

 

 

 

 

SUB-ADMINISTRATION AGREEMENT

 

Effective June 1, 2010

As amended January 24, 2019

 

SCHEDULE A

Listing of Funds

 

Fund Name

 

Classes of Shares

Aberdeen Focused U.S. Equity Fund
(formerly, Aberdeen Equity Long-Short Fund)

 

Class A
Class C
Class R
Institutional Class
Institutional Service Class
Class T

 

 

 

Aberdeen U.S. Small Cap Equity Fund
(formerly, Aberdeen Small Cap Fund)

 

Class A
Class C
Class R
Institutional Class
Institutional Service Class
Class T

 

 

 

Aberdeen China Opportunities Fund

 

Class A
Class C
Class R
Institutional Class
Institutional Service Class
Class T

 

 

 

Aberdeen International Equity Fund

 

Class A
Class C
Class R
Institutional Class
Institutional Service Class
Class T

 

 

 

Aberdeen Global Equity Fund

 

Class A
Class C
Class R
Institutional Class
Institutional Service Class
Class T

 

 

 

Aberdeen Diversified Alternatives Fund

 

Class A
Class C
Class R
Institutional Class
Institutional Service Class
Class T

 

 

Fund Name

 

Classes of Shares

Aberdeen Diversified Income Fund

 

Class A
Class C
Class R
Institutional Class
Institutional Service Class
Class T

 

 

 

Aberdeen Dynamic Allocation Fund

 

Class A
Class C
Class R
Institutional Class
Institutional Service Class
Class T

 

 

 

Aberdeen Asia Bond Fund*

 

Class A
Class C
Class R
Institutional Class
Institutional Service Class
Class T

 

 

 

Aberdeen Asia-Pacific (ex-Japan) Equity Fund

 

Class A
Class C
Class R
Institutional Class
Institutional Service Class
Class T

 

 

 

Aberdeen Emerging Markets Fund

 

Class A
Class C
Class R
Institutional Class
Institutional Service Class
Class T

 

 

 

Aberdeen Global Unconstrained Fixed Income Fund
(formerly, Aberdeen Global Fixed Income Fund)

 

Class A
Class C
Class R
Institutional Class
Institutional Service Class
Class T

 

 

 

Aberdeen International Small Cap Fund
(formerly, Aberdeen Global Small Cap Fund)

 

Class A
Class C
Class R
Institutional Class
Institutional Service Class
Class T

 

 

 

Aberdeen Intermediate Municipal Income Fund**
(formerly, Aberdeen Tax-Free Income Fund)

 

Class A
Class C
Class R
Institutional Class
Institutional Service Class
Class T

 

 

Fund Name

 

Classes of Shares

Aberdeen U.S. Multi-Cap Equity Fund
(formerly, Aberdeen U.S. Equity Fund)

 

Class A
Class C
Class R
Institutional Class
Institutional Service Class
Class T

 

 

 

Aberdeen Emerging Markets Debt Fund

 

Class A
Class C
Class R
Institutional Class
Institutional Service Class
Class T

 

 

 

Aberdeen Japanese Equities Fund

 

Class A
Class C
Class R
Institutional Class
Institutional Service Class
Class T

 

 

 

Aberdeen U.S. Mid Cap Equity Fund

 

Class A
Class C
Class R
Institutional Class
Institutional Service Class
Class T

 

 

 

Aberdeen Dynamic Dividend Fund

 

Class A
Institutional Class

 

 

 

Aberdeen Global Infrastructure Fund

 

Class A
Institutional Class

 

 

 

Aberdeen Income Builder Fund

 

Class A
Institutional Class

 

 

 

Aberdeen Short Duration High Yield Municipal Fund**
(formerly, Aberdeen High Yield Managed Duration Municipal Fund)

 

Class A
Institutional Class

 

 

 

Aberdeen Ultra Short Municipal Income Fund

 

Class A
Class A1***
Institutional Class

 

 

 

Aberdeen International Real Estate Equity Fund

 

Class A
Institutional Class

 

 

 

Aberdeen Realty Income & Growth Fund

 

Class A
Institutional Class

 

* The Board of Trustees of the Trust approved the liquidation of the Aberdeen Asia Bond Fund, which liquidation is expected to take place on or about February 21, 2019.  The Aberdeen Asia Bond Fund shall be deemed removed from this Schedule A effective as of the date that the winding-up of the Fund’s affairs is complete and the Sub-Administrator is no longer providing services with respect to the Fund.

 

** Name change to be effective on or about February 28, 2019.

 

***Class A1 to be offered on or about February 28, 2019.

 

 

ANNEX 1

 

ABERDEEN STANDARD INVESTMENTS INC.

 

Liquidity Risk Measurement Services

 

FREQUENCY

ABERDEEN FUNDS

 

 

 

 

 

Aberdeen Asia Bond Fund*
Aberdeen Asia-Pacific (ex-Japan) Equity Fund
Aberdeen China Opportunities Fund
Aberdeen Diversified Alternatives Fund
Aberdeen Diversified Income Fund
Aberdeen Dynamic Allocation Fund
Aberdeen Dynamic Dividend Fund
Aberdeen Emerging Markets Debt Fund
Aberdeen Emerging Markets Fund
Aberdeen Focused U.S. Equity Fund
Aberdeen Global Equity Fund
Aberdeen Global Infrastructure Fund
Aberdeen Global Unconstrained Fixed Income Fund

Aberdeen Short Duration High Yield Municipal Fund (formerly, Aberdeen High Yield Managed Duration Municipal Fund)**

Aberdeen Income Building Fund
Aberdeen International Equity Fund
Aberdeen International Real Estate Fund
Aberdeen International Small Cap Fund
Aberdeen Japanese Equities Fund
Aberdeen Realty Income & Growth Fund
Aberdeen Intermediate Municipal Income Fund (formerly, Aberdeen Tax-Free Income Fund)**
Aberdeen U.S. Mid Cap Equity Fund
Aberdeen U.S. Multi-Cap Equity Fund
Aberdeen U.S. Small Cap Equity Fund
Aberdeen Ultra Short Municipal Income Fund

 

Daily

 

*The Board of Trustees of the Trust approved the liquidation of the Aberdeen Asia Bond Fund, which liquidation is expected to take place on or about February 21, 2019.  The Aberdeen Asia Bond Fund shall be deemed removed from this Annex 1 effective as of the date that the winding-up of the Fund’s affairs is complete and the Sub-Administrator is no longer providing services with respect to the Fund.

 

**Name change effective February 28, 2019.

 

 

Form N-PORT Services
and Quarterly Portfolio of Investments Services

 

Service Type

ABERDEEN FUNDS

 

Standard N-PORT Reporting Solution (Data and Filing) and Quarterly Portfolio of Investments Services

 

 

 

Aberdeen Asia Bond Fund*
Aberdeen Asia-Pacific (ex-Japan) Equity Fund
Aberdeen China Opportunities Fund
Aberdeen Diversified Alternatives Fund
Aberdeen Diversified Income Fund
Aberdeen Dynamic Allocation Fund
Aberdeen Dynamic Dividend Fund
Aberdeen Emerging Markets Debt Fund
Aberdeen Emerging Markets Fund

Aberdeen Focused U.S. Equity Fund
(formerly Aberdeen Equity Long-Short Fund)

Aberdeen Global Equity Fund
Aberdeen Global Infrastructure Fund

Aberdeen Global Unconstrained Fixed Income Fund
(formerly, Aberdeen Global Fixed Income Fund)

Aberdeen Short Duration High Yield Municipal Fund (formerly, Aberdeen High Yield Managed Duration Municipal Fund)**
Aberdeen Income Building Fund
Aberdeen International Equity Fund
Aberdeen International Real Estate Fund

Aberdeen International Small Cap Fund
(formerly, Aberdeen Global Small Cap Fund)

Aberdeen Japanese Equities Fund
Aberdeen Realty Income & Growth Fund
Aberdeen Intermediate Municipal Income Fund (formerly, Aberdeen Tax-Free Income Fund)**

Aberdeen U.S. Mid Cap Equity Fund

Aberdeen U.S. Multi-Cap Equity Fund
(formerly, Aberdeen U.S. Equity Fund)

Aberdeen U.S. Small Cap Equity Fund
(formerly Aberdeen Small Cap Fund)

Aberdeen Ultra Short Municipal Income Fund

 

Standard

 

*The Board of Trustees of the Trust approved the liquidation of the Aberdeen Asia Bond Fund, which liquidation is expected to take place on or about February 21, 2019.  The Aberdeen Asia Bond Fund shall be deemed removed from this Annex 1 effective as of the date that the winding-up of the Fund’s affairs is complete and the Sub-Administrator is no longer providing services with respect to the Fund.

 

**Name change effective February 28, 2019.

 

Form N-CEN Services

 

Aberdeen Funds

 

Document Metadata

Filed: February 28th, 2019