0001104659-13-048377.txt : 20130611 0001104659-13-048377.hdr.sgml : 20130611 20130611164043 ACCESSION NUMBER: 0001104659-13-048377 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20130611 DATE AS OF CHANGE: 20130611 EFFECTIVENESS DATE: 20130611 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ABERDEEN INVESTMENT FUNDS CENTRAL INDEX KEY: 0000887210 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-47507 FILM NUMBER: 13906466 BUSINESS ADDRESS: STREET 1: 1735 MARKET STREET, 32ND FLOOR STREET 2: C/O ABERDEEN ASSET MANAGEMENT INC. CITY: PHILADELPHIA STATE: PA ZIP: 19103 BUSINESS PHONE: (800) 387-6977 MAIL ADDRESS: STREET 1: 1735 MARKET STREET, 32ND FLOOR CITY: PHILADELPHIA STATE: PA ZIP: 19103 FORMER COMPANY: FORMER CONFORMED NAME: ARTIO GLOBAL INVESTMENT FUNDS DATE OF NAME CHANGE: 20081010 FORMER COMPANY: FORMER CONFORMED NAME: JULIUS BAER INVESTMENT FUNDS DATE OF NAME CHANGE: 19980828 FORMER COMPANY: FORMER CONFORMED NAME: BJB INVESTMENT FUNDS DATE OF NAME CHANGE: 19931005 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Aberdeen Global SELECT OPPORTUNITIES FUND INC. CENTRAL INDEX KEY: 0000863903 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-111901 FILM NUMBER: 13906467 BUSINESS ADDRESS: STREET 1: 1735 MARKET STREET, 32ND FLOOR CITY: PHILADELPHIA STATE: PA ZIP: 19013 BUSINESS PHONE: (800) 387-6977 MAIL ADDRESS: STREET 1: 1735 MARKET STREET, 32ND FLOOR CITY: PHILADELPHIA STATE: PA ZIP: 19013 FORMER COMPANY: FORMER CONFORMED NAME: ARTIO SELECT OPPORTUNITIES FUND INC. DATE OF NAME CHANGE: 20120815 FORMER COMPANY: FORMER CONFORMED NAME: ARTIO GLOBAL EQUITY FUND INC DATE OF NAME CHANGE: 20081010 FORMER COMPANY: FORMER CONFORMED NAME: JULIUS BAER GLOBAL EQUITY FUND INC DATE OF NAME CHANGE: 20040629 0000863903 S000006110 ABERDEEN GLOBAL SELECT OPPORTUNITIES FUND INC. C000016812 Class A BJGQX C000016813 Class I JGEIX 0000887210 S000006116 Aberdeen Global High Income Fund C000016834 Class A BJBHX C000016835 Class I JHYIX 0000887210 S000006117 Aberdeen Select International Equity Fund C000016836 Class A BJBIX C000016837 Class I JIEIX 0000887210 S000006118 Aberdeen Select International Equity Fund II C000016838 Class A JETAX C000016839 Class I JETIX 0000887210 S000006120 Aberdeen Total Return Bond Fund C000016842 Class A BJBGX C000016843 Class I JBGIX 497 1 a13-11984_12497.htm 497

 

Aberdeen Investment Funds (the “Trust”)

Aberdeen Select International Equity Fund

Aberdeen Select International Equity Fund II

Aberdeen Total Return Bond Fund

Aberdeen Global High Income Fund

 

Aberdeen Global Select Opportunities Fund Inc. (the “Global Select Opportunities Fund”)

 

On behalf of the Trust and the Global Select Opportunities Fund and pursuant to Rule 497(e) under the Securities Act of 1933, as amended, attached for filing are exhibits containing interactive data format risk/return summary information of the prospectus dated March 1, 2013, as supplemented May 22, 2013, for the Trust as filed under Rule 497 on May 22, 2013 (SEC Accession No. 0001104659-13-047171) and for the Global Select Opportunities Funds as filed under Rule 497 on May 22, 2013 (SEC Accession No. 0001104659-13-047173).

 


 

EX-101.INS 2 ck0000887210-20130522.xml XBRL INSTANCE DOCUMENT 0000887210 2013-05-22 2013-05-22 0000887210 ck0000887210:S000006117Member 2013-05-22 2013-05-22 0000887210 ck0000887210:S000006117Member ck0000887210:C000016836Member 2013-05-22 2013-05-22 0000887210 ck0000887210:S000006117Member ck0000887210:C000016837Member 2013-05-22 2013-05-22 0000887210 ck0000887210:S000006118Member 2013-05-22 2013-05-22 0000887210 ck0000887210:S000006118Member ck0000887210:C000016838Member 2013-05-22 2013-05-22 0000887210 ck0000887210:S000006118Member ck0000887210:C000016839Member 2013-05-22 2013-05-22 0000887210 ck0000887210:S000006120Member 2013-05-22 2013-05-22 0000887210 ck0000887210:S000006120Member ck0000887210:C000016842Member 2013-05-22 2013-05-22 0000887210 ck0000887210:S000006120Member ck0000887210:C000016843Member 2013-05-22 2013-05-22 0000887210 ck0000887210:S000006116Member 2013-05-22 2013-05-22 0000887210 ck0000887210:S000006116Member ck0000887210:C000016834Member 2013-05-22 2013-05-22 0000887210 ck0000887210:S000006116Member ck0000887210:C000016835Member 2013-05-22 2013-05-22 0000887210 ck0000887210:S000006110Member ck0000887210:CIK0000863903Member 2013-05-22 2013-05-22 0000887210 ck0000887210:S000006110Member ck0000887210:CIK0000863903Member ck0000887210:C000016812Member 2013-05-22 2013-05-22 0000887210 ck0000887210:S000006110Member ck0000887210:CIK0000863903Member ck0000887210:C000016813Member 2013-05-22 2013-05-22 ABERDEEN INVESTMENT FUNDS 497 false 0000887210 2013-05-22 2013-05-22 2013-05-22 2013-03-01 Aberdeen Select International Equity Fund BJBIX JIEIX Principal Strategies <p style="margin:0in 0in .0001pt 27.35pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Under normal circumstances, the Fund will invest at least 80% of its net assets (including equity related futures, options, swaps and other instruments as well as borrowings for investment purposes) in equity securities of issuers located anywhere in the world, normally excluding the U.S. The Fund will provide shareholders with at least 60 days&#8217; notice prior to any changes in this policy.</font> </p> <br/><p style="margin:0in 0in .0001pt 27.35pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">For purposes of the 80% policy, the Fund invests in equity securities issued by companies that are located in, or that derive their highest concentration of their earnings or revenues from, a number of countries around the world other than the U.S. Some of these countries may be considered emerging market countries. Equity securities include but are not limited to, common stock, preferred stock and depositary receipts.</font> </p> <br/><p style="margin:0in 0in .0001pt 27.35pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">The Fund generally follows a multi-capitalization approach that focuses on mid- to large-capitalization companies, but the Fund may also invest in smaller capitalization companies.</font> </p> <br/><p style="margin:0in 0in .0001pt 27.35pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">The Fund invests up to 35% of its net assets in emerging market securities. The Adviser may manage the Fund close to its limit in emerging markets. As of October 31, 2012, the Fund had 13.93% of its net assets invested in emerging market securities. Please go to http://www.aberdeen-asset.us/doc.nsf/Lit/FactsheetUSOpenSelectInternationalEquity for a more current percentage of the Fund invested in emerging market securities.</font> </p> <br/><p style="margin:0in 0in .0001pt 27.35pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">The Fund ordinarily invests at least 65% of its total assets in no fewer than three different countries outside the U.S.</font> </p> <br/><p style="margin:0in 0in .0001pt 27.35pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">The Fund&#8217;s investment team employs a fundamental, bottom-up equity investment style, which is characterized by intensive, first-hand research and disciplined company evaluation. Stocks are identified for their long-term, fundamental value. The stock selection process contains two filters, first quality and then price. In the quality filter, the investment team seeks to determine whether the company is a business that has good growth prospects and a balance sheet that supports expansion, and they evaluate other business risks. In the price filter, the investment team assesses the value of a company by reference to standard financial ratios, and estimates the value of the company relative to its market price and the valuations of companies within a relevant universe. The investment team may sell a security when they perceive that a company&#8217;s business direction or growth prospects have changed or the company&#8217;s valuations are no longer attractive.</font> </p> <p style="margin: 0in 0in .0001pt .5in; text-indent: -.5in;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Aberdeen Select International Equity Fund</font></strong> <font style="font-size: small;">(formerly known as the Artio International Equity Fund)</font> </p> <br/><p style="margin:0in 0in .0001pt .5in;text-indent:-.5in;"> <b><font size="2" style="font-size:10.0pt;font-weight:bold; font-family: Times New Roman;">Aberdeen Select International Equity Fund II</font></b> <font size="2" style="font-size:10.0pt;">(formerly known as the Artio International Equity Fund II)</font> </p> <br/><p style="margin:0in 0in .0001pt .5in;text-indent:-.5in;"> <b><font size="2" style="font-size:10.0pt;font-weight:bold; font-family: Times New Roman;">Aberdeen Total Return Bond Fund</font></b> <font size="2" style="font-size:10.0pt;">(formerly known as the Artio Total Return Bond Fund)</font> </p> <br/><p style="margin:0in 0in .0001pt .5in;text-indent:-.5in;"> <b><font size="2" style="font-size:10.0pt;font-weight:bold; font-family: Times New Roman;">Aberdeen Global High Income Fund</font></b> <font size="2" style="font-size:10.0pt;">(formerly known as the Artio Global High Income Fund)</font> </p> <br/><p style="margin:0in 0in .0001pt .5in;text-indent:-.5in;"> <b><font size="2" style="font-size:10.0pt;font-weight:bold; font-family: Times New Roman;">Aberdeen Global Select Opportunities Fund Inc.</font></b> <font size="2" style="font-size:10.0pt;">(formerly known as the Artio Global Select Opportunities Fund Inc.)</font> </p> <br/><p style="margin:0in 0in .0001pt;"> <b><font size="2" style="font-size:10.0pt;font-weight:bold; font-family: Times New Roman;">Supplement dated May 22, 2013 to the prospectus dated March 1, 2013</font></b> </p> <br/><p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">The supplement indicates the changes to the Fund's registration statement following a (i) new investment advisory agreement between the Artio Global Funds and Aberdeen Asset Management Inc. and (ii) a new sub-advisory agreement between Artio International Equity Fund, Artio International Equity Fund II, Artio Select Opportunities Fund Inc., and Aberdeen Asset Managers Limited. In addition, the Fund Boards approved a new distribution agreement with Aberdeen Fund Distributors LLC.</font> </p> <br/><p align="center" style="margin:0in 0in .0001pt;text-align:center;"> <b><font size="2" style="font-size:10.0pt;font-weight:bold; font-family: Times New Roman;">INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH</font></b> </p> <br/><p align="center" style="margin:0in 0in .0001pt;text-align:center;"> <b><font size="2" style="font-size:10.0pt;font-weight:bold; font-family: Times New Roman;">THE PROSPECTUS FOR FUTURE REFERENCE.</font></b> </p> <br/><p align="right" style="margin:0in 0in .0001pt;text-align:right;"> <font size="2" style="font-family: Times New Roman;"/> </p> <br/><p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">The Artio Global Funds have been renamed and all references to the former fund names refer to the new fund name, as detailed in the table below. The Fund abbreviations used in this document are also indicated in the table below.</font> </p> <br/><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:100.0%;" width="100%"> <tr> <td style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:29.68%;" valign="bottom" width="29%"> <p style="margin:0in 0in .0001pt;"> <b><font size="1" style="font-size:8.0pt;font-weight:bold; font-family: Times New Roman;">Former Fund Name</font></b> </p> </td> <td style="padding:0in 0in 0in 0in;width:2.2%;" valign="bottom" width="2%"> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"> <b><font size="1" style="font-size:1.0pt;font-weight:bold; font-family: Times New Roman;"/></b> </p> </td> <td style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:38.36%;" valign="bottom" width="38%"> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"> <b><font size="1" style="font-size:8.0pt;font-weight:bold; font-family: Times New Roman;">New Fund Name</font></b> </p> </td> <td style="padding:0in 0in 0in 0in;width:2.2%;" valign="bottom" width="2%"> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"> <b><font size="1" style="font-size:1.0pt;font-weight:bold; font-family: Times New Roman;"/></b> </p> </td> <td style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:27.56%;" valign="bottom" width="27%"> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"> <b><font size="1" style="font-size:8.0pt;font-weight:bold; font-family: Times New Roman;">Fund Abbreviation Used</font></b> </p> </td> </tr> <tr> <td style="background:#cceeff;border:none;padding:0in 0in 0in 0in;width:29.68%; background-color: #CCEEFF;" valign="top" width="29%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Artio International Equity Fund</font> </p> </td> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:1.0pt; font-family: Times New Roman;"/> </p> </td> <td style="background:#cceeff;border:none;padding:0in 0in 0in 0in;width:38.36%; background-color: #CCEEFF;" valign="top" width="38%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Aberdeen Select International Equity Fund</font> </p> </td> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:1.0pt; font-family: Times New Roman;"/> </p> </td> <td style="background:#cceeff;border:none;padding:0in 0in 0in 0in;width:27.56%; background-color: #CCEEFF;" valign="top" width="27%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">International Equity Fund</font> </p> </td> </tr> <tr> <td style="padding:0in 0in 0in 0in;width:29.68%;" valign="top" width="29%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Artio International Equity Fund II</font> </p> </td> <td style="padding:0in 0in 0in 0in;width:2.2%;" valign="bottom" width="2%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:1.0pt; font-family: Times New Roman;"/> </p> </td> <td style="padding:0in 0in 0in 0in;width:38.36%;" valign="top" width="38%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Aberdeen Select International Equity Fund II</font> </p> </td> <td style="padding:0in 0in 0in 0in;width:2.2%;" valign="bottom" width="2%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:1.0pt; font-family: Times New Roman;"/> </p> </td> <td style="padding:0in 0in 0in 0in;width:27.56%;" valign="top" width="27%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">International Equity Fund II</font> </p> </td> </tr> <tr> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:29.68%; background-color: #CCEEFF;" valign="top" width="29%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Artio Total Return Bond Fund</font> </p> </td> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:1.0pt; font-family: Times New Roman;"/> </p> </td> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:38.36%; background-color: #CCEEFF;" valign="top" width="38%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Aberdeen Total Return Bond Fund</font> </p> </td> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:1.0pt; font-family: Times New Roman;"/> </p> </td> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:27.56%; background-color: #CCEEFF;" valign="top" width="27%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Total Return Bond Fund</font> </p> </td> </tr> <tr> <td style="padding:0in 0in 0in 0in;width:29.68%;" valign="top" width="29%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Artio Global High Income Fund</font> </p> </td> <td style="padding:0in 0in 0in 0in;width:2.2%;" valign="bottom" width="2%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:1.0pt; font-family: Times New Roman;"/> </p> </td> <td style="padding:0in 0in 0in 0in;width:38.36%;" valign="top" width="38%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Aberdeen Global High Income Fund</font> </p> </td> <td style="padding:0in 0in 0in 0in;width:2.2%;" valign="bottom" width="2%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:1.0pt; font-family: Times New Roman;"/> </p> </td> <td style="padding:0in 0in 0in 0in;width:27.56%;" valign="top" width="27%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Global High Income Fund</font> </p> </td> </tr> <tr> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:29.68%; background-color: #CCEEFF;" valign="top" width="29%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Artio Select Opportunities Fund Inc.</font> </p> </td> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:1.0pt; font-family: Times New Roman;"/> </p> </td> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:38.36%; background-color: #CCEEFF;" valign="top" width="38%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Aberdeen Global Select Opportunities Fund Inc.</font> </p> </td> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:1.0pt; font-family: Times New Roman;"/> </p> </td> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:27.56%; background-color: #CCEEFF;" valign="top" width="27%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Global Select Opportunities Fund</font> </p> </td> </tr> </table> <br/><p style="margin:0in 0in .0001pt;"> <b><font size="2" style="font-size:10.0pt;font-weight:bold; font-family: Times New Roman;">The Artio Emerging Markets Local Debt Fund was liquidated on April 19, 2013. Any and all references to the Artio Emerging Markets Local Debt Fund are removed.</font></b> </p> <br/><p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Aberdeen Asset Management Inc. replaced Artio Global Management LLC as the Investment Adviser for the Funds. All references to Artio Global as the Adviser are replaced with references to Aberdeen Asset Management Inc.</font> </p> <br/><p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Aberdeen Fund Distributors LLC replaced Quasar Distributors LLC as the principal underwriter for the Fund. All references to Quasar Distributors LLC is replaced with references to Aberdeen Fund Distributors LLC.</font> </p> <br/><p style="margin:0in 0in .0001pt;"> <b><font size="2" style="font-size:10.0pt;font-weight:bold; font-family: Times New Roman;">Fund Summaries Changes</font></b> <font size="2" style="font-size:10.0pt;">(pages 2-62)</font> </p> <br/><p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Certain headings in the "Fund Summaries" section have been renamed as indicated below:</font> </p> <br/><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:.25in;width:96.66%;" width="96%"> <tr> <td style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:47.2%;" valign="bottom" width="47%"> <p style="margin:0in 0in .0001pt;"> <b><font size="1" style="font-size:8.0pt;font-weight:bold; font-family: Times New Roman;">Former Heading</font></b> </p> </td> <td style="padding:0in 0in 0in 0in;width:2.22%;" valign="bottom" width="2%"> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"> <b><font size="1" style="font-size:1.0pt;font-weight:bold; font-family: Times New Roman;"/></b> </p> </td> <td style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:50.58%;" valign="bottom" width="50%"> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"> <b><font size="1" style="font-size:8.0pt;font-weight:bold; font-family: Times New Roman;">New Heading</font></b> </p> </td> </tr> <tr> <td style="background:#cceeff;border:none;padding:0in 0in 0in 0in;width:47.2%; background-color: #CCEEFF;" valign="top" width="47%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)</font> </p> </td> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:2.22%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:1.0pt; font-family: Times New Roman;"/> </p> </td> <td style="background:#cceeff;border:none;padding:0in 0in 0in 0in;width:50.58%; background-color: #CCEEFF;" valign="top" width="50%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Shareholder Fees (Fees Paid Directly From Your Investment)</font> </p> </td> </tr> <tr> <td style="padding:0in 0in 0in 0in;width:47.2%;" valign="top" width="47%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Expense Example</font> </p> </td> <td style="padding:0in 0in 0in 0in;width:2.22%;" valign="bottom" width="2%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:1.0pt; font-family: Times New Roman;"/> </p> </td> <td style="padding:0in 0in 0in 0in;width:50.58%;" valign="top" width="50%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Example</font> </p> </td> </tr> <tr> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:47.2%; background-color: #CCEEFF;" valign="top" width="47%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Principal Investment Strategies</font> </p> </td> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:2.22%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:1.0pt; font-family: Times New Roman;"/> </p> </td> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:50.58%; background-color: #CCEEFF;" valign="top" width="50%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Principal Strategies</font> </p> </td> </tr> <tr> <td style="padding:0in 0in 0in 0in;width:47.2%;" valign="top" width="47%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Principal Investment Risks</font> </p> </td> <td style="padding:0in 0in 0in 0in;width:2.22%;" valign="bottom" width="2%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:1.0pt; font-family: Times New Roman;"/> </p> </td> <td style="padding:0in 0in 0in 0in;width:50.58%;" valign="top" width="50%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Principal Risks</font> </p> </td> </tr> <tr> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:47.2%; background-color: #CCEEFF;" valign="top" width="47%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Fund Management</font> </p> </td> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:2.22%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:1.0pt; font-family: Times New Roman;"/> </p> </td> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:50.58%; background-color: #CCEEFF;" valign="top" width="50%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Investment Adviser</font> </p> </td> </tr> <tr> <td style="padding:0in 0in 0in 0in;width:47.2%;" valign="top" width="47%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Purchase and Redemption of Fund Shares</font> </p> </td> <td style="padding:0in 0in 0in 0in;width:2.22%;" valign="bottom" width="2%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:1.0pt; font-family: Times New Roman;"/> </p> </td> <td style="padding:0in 0in 0in 0in;width:50.58%;" valign="top" width="50%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Purchase and Sale of Fund Shares</font> </p> </td> </tr> <tr> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:47.2%; background-color: #CCEEFF;" valign="top" width="47%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Payments to Brokers and Other Financial Intermediaries</font> </p> </td> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:2.22%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:1.0pt; font-family: Times New Roman;"/> </p> </td> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:50.58%; background-color: #CCEEFF;" valign="top" width="50%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Payments to Brokers-Dealers and Other Financial Intermediaries</font> </p> </td> </tr> </table> <br/><p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Updated performance information for each Fund will be available at each Fund's website, as indicated below:</font> </p> <br/><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:.25in;width:96.66%;" width="96%"> <tr> <td style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:40.08%;" valign="bottom" width="40%"> <p style="margin:0in 0in .0001pt;"> <b><font size="1" style="font-size:8.0pt;font-weight:bold; font-family: Times New Roman;">Fund</font></b> </p> </td> <td style="padding:0in 0in 0in 0in;width:3.1%;" valign="bottom" width="3%"> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"> <b><font size="1" style="font-size:1.0pt;font-weight:bold; font-family: Times New Roman;"/></b> </p> </td> <td style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:56.82%;" valign="bottom" width="56%"> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"> <b><font size="1" style="font-size:8.0pt;font-weight:bold; font-family: Times New Roman;">Website</font></b> </p> </td> </tr> <tr> <td style="background:#cceeff;border:none;padding:0in 0in 0in 0in;width:40.08%; background-color: #CCEEFF;" valign="top" width="40%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">International Equity Fund</font> </p> </td> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:3.1%; background-color: #CCEEFF;" valign="bottom" width="3%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:1.0pt; font-family: Times New Roman;"/> </p> </td> <td style="background:#cceeff;border:none;padding:0in 0in 0in 0in;width:56.82%; background-color: #CCEEFF;" valign="top" width="56%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">www.aberdeen-asset.us/SelectInternational</font> </p> </td> </tr> <tr> <td style="padding:0in 0in 0in 0in;width:40.08%;" valign="top" width="40%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">International Equity Fund II</font> </p> </td> <td style="padding:0in 0in 0in 0in;width:3.1%;" valign="bottom" width="3%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:1.0pt; font-family: Times New Roman;"/> </p> </td> <td style="padding:0in 0in 0in 0in;width:56.82%;" valign="top" width="56%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">www.aberdeen-asset.us/SelectInternationalII</font> </p> </td> </tr> <tr> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:40.08%; background-color: #CCEEFF;" valign="top" width="40%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Total Return Bond Fund</font> </p> </td> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:3.1%; background-color: #CCEEFF;" valign="bottom" width="3%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:1.0pt; font-family: Times New Roman;"/> </p> </td> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:56.82%; background-color: #CCEEFF;" valign="top" width="56%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">www.aberdeen-asset.us/TotalReturn</font> </p> </td> </tr> <tr> <td style="padding:0in 0in 0in 0in;width:40.08%;" valign="top" width="40%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Global High Income Fund</font> </p> </td> <td style="padding:0in 0in 0in 0in;width:3.1%;" valign="bottom" width="3%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:1.0pt; font-family: Times New Roman;"/> </p> </td> <td style="padding:0in 0in 0in 0in;width:56.82%;" valign="top" width="56%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">www.aberdeen-asset.us/GlobalHighIncome</font> </p> </td> </tr> <tr> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:40.08%; background-color: #CCEEFF;" valign="top" width="40%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Global Select Opportunities Fund Inc.</font> </p> </td> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:3.1%; background-color: #CCEEFF;" valign="bottom" width="3%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:1.0pt; font-family: Times New Roman;"/> </p> </td> <td style="background:#cceeff;padding:0in 0in 0in 0in;width:56.82%; background-color: #CCEEFF;" valign="top" width="56%"> <p style="margin:0in 0in .0001pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">www.aberdeen-asset.us/GlobalSelectOpportunities</font> </p> </td> </tr> </table> <br/><p style="margin:0in 0in .0001pt;"> <i><font size="2" style="font-size:10.0pt;font-style:italic; font-family: Times New Roman;">The Principal Investment Strategies and Principal Investment Risks sections beginning on page 3 for the International Equity Fund are replaced with the following:</font></i> </p> Principal Risks <p style="margin:0in 0in .0001pt 27.0pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Global economies and securities markets can and have experienced significant volatility which has increased the risks associated with an investment in the Fund. Investments in the Fund carry risk and there is no guarantee that the Fund&#8217;s investment objective will be achieved. You could lose money by investing in the Fund. The principal risks of investing that could adversely impact the Fund are:</font> </p> <br/><p style="margin: 0in 0in .0001pt 45.0pt; text-indent: -.25in;"> <font style="font-size: small; font-family: Symbol;">&#183;</font> <strong><font style="font-size: small; font-weight: bold;">Stock Market Risk:</font></strong> <font style="font-size: small;">The Fund may invest in equity securities that lose value because of declines in the stock market and may be adversely affected by market conditions and factors related to a particular company or industry.</font> </p> <br/><p style="margin: 0in 0in .0001pt 45.0pt; text-indent: -.25in;"> <font style="font-size: small; font-family: Symbol;">&#183;</font> <strong><font style="font-size: small; font-weight: bold;">Foreign Investment Risk:</font></strong> <font style="font-size: small;">The Fund may invest in foreign securities which lose value because of fluctuations in currency exchange rates and market liquidity, price volatility, uncertain political and legal conditions, lack of reliable financial information and other factors. Foreign securities of certain countries are subject to political instability, which may result in potential revolts and the confiscation of assets by governments. As a result, the Fund&#8217;s returns and net asset value may be affected to a large degree by fluctuations in currency exchange rates or political or economic conditions in a particular country or region. In the event of nationalization, default, debt restructuring, capital controls, expropriation or other confiscation, the Fund could lose its entire investment in foreign securities. Adverse conditions in a certain region can adversely affect securities of other countries whose economics appear to be unrelated. To the extent the Fund invests a significant portion of its assets in a specific geographic region, the Fund may generally have more exposure to regional economic risks association with foreign investments.</font> </p> <br/><p style="margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"> <font size="2" style="font-size:10.0pt; font-family: Symbol;">&#183;</font> <font size="1" style="font-size:8.5pt;"></font> <b><font size="2" style="font-size:10.0pt;font-weight:bold;">Emerging Market Risk:</font></b> <font size="2" style="font-size:10.0pt;">The Fund&#8217;s investments in emerging market countries may involve risks greater than, or in addition to, the risks of investing in more developed countries. Emerging markets are generally smaller, less developed, less liquid, and more volatile than developed markets, and are subject to greater social, political and economic uncertainties, higher levels of inflation and currency devaluation and settlement and operational risks, including risks related to foreign securities custody. Investments in emerging market countries are subject to the risk of expropriation or nationalization of private industry. Expropriation of an issuer&#8217;s assets whose securities are held in the Fund would result in a partial or total loss of the investment.</font> </p> <br/><p style="margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"> <font size="2" style="font-size:10.0pt; font-family: Symbol;">&#183;</font> <font size="1" style="font-size:8.5pt;"></font> <b><font size="2" style="font-size:10.0pt;font-weight:bold;">Liquidity Risk:</font></b> <font size="2" style="font-size:10.0pt;">Particular investments may be difficult to purchase or sell. The Fund may make investments that may become less liquid in response to market developments or adverse investor perceptions, which may reduce the returns of the Fund because it may be unable to sell the illiquid securities at an advantageous time or price. From time to time, as a result of significant adverse market conditions, some investments the Fund may purchase may become illiquid which may cause the Fund difficulty in meeting redemptions.</font> </p> <br/><p style="margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"> <font size="2" style="font-size:10.0pt; font-family: Symbol;">&#183;</font> <font size="1" style="font-size:8.5pt;"></font> <b><font size="2" style="font-size:10.0pt;font-weight:bold;">Small and Medium-Sized Company Risk:</font></b> <font size="2" style="font-size:10.0pt;">Stocks of small and medium-sized companies tend to be more volatile and less liquid than stocks of larger companies. Compared to larger companies, small and medium-sized companies tend to have analyst coverage by fewer Wall Street firms and may trade at prices that reflect incomplete or inaccurate information. Small and medium-sized companies may have a shorter history of operations, less access to financing and a less diversified product line and be more susceptible to market pressures and therefore have more volatile stock prices and company performance than larger companies. During some periods, stocks of small and medium-sized companies, as an asset class, have underperformed the stocks of larger companies.</font> </p> <br/><p style="margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"> <font size="2" style="font-size:10.0pt; font-family: Symbol;">&#183;</font> <font size="1" style="font-size:8.5pt;"></font> <b><font size="2" style="font-size:10.0pt;font-weight:bold;">Custody/Sub-Custody Risk:</font></b> <font size="2" style="font-size:10.0pt;">The Fund may invest in markets where custodial and/or settlement systems are not fully developed. There may be very limited regulatory oversight of certain foreign banks or securities depositories that hold foreign securities and foreign currency. The laws of certain countries may limit the ability to recover such assets if a foreign bank or depository or their agents goes bankrupt and the assets of the Fund may be exposed to risk in circumstances where the custodian/sub-custodian or Adviser will have no liability. In addition, the inability of the Fund to make its intended securities purchases due to settlement issues with the custodian/sub-custodian could cause the Fund to miss attractive investment opportunities.</font> </p> <br/><p style="margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"> <font size="2" style="font-size:10.0pt; font-family: Symbol;">&#183;</font> <font size="1" style="font-size:8.5pt;"></font> <b><font size="2" style="font-size:10.0pt;font-weight:bold;">Redemption Risk:</font></b> <font size="2" style="font-size:10.0pt;">The Fund may need to sell its portfolio holdings in order to meet shareholder redemption requests. In selling its holdings to meet redemption requests, the Fund could experience a loss if the redemption requests are unusually large or frequent, occur in times of overall market turmoil, or declining prices for the securities sold, or when the securities the Fund wishes to or is required to sell are illiquid.</font> </p> <br/><p style="margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"> <font size="2" style="font-size:10.0pt; font-family: Symbol;">&#183;</font> <font size="1" style="font-size:8.5pt;"></font> <b><font size="2" style="font-size:10.0pt;font-weight:bold;">Large Shareholder Risk:</font></b> <font size="2" style="font-size:10.0pt;">Large shareholders of the Fund, such as institutional investors, may disrupt the efficient management of the Fund&#8217;s operations by purchasing or redeeming Fund shares in large amounts.</font> </p> <br/><p style="margin:0in 0in .0001pt 27.0pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">An investment in the Fund is not a bank deposit or obligation of any bank and is not endorsed or guaranteed by any bank and is not insured or guaranteed by the U.S. government, the Federal Deposit Insurance Corporation, the Federal Reserve Board or any other governmental agency.</font> </p> <br/><p style="margin:0in 0in .0001pt 27.0pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">You could lose money investing in the Fund.</font> </p> <br/><p style="margin:0in 0in .0001pt 27.0pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Further information about the Fund&#8217;s strategies and risks is provided in the section, <i>Fund Strategies and Risks.</i></font> </p> You could lose money by investing in the Fund. An investment in the Fund is not a bank deposit or obligation of any bank and is not endorsed or guaranteed by any bank and is not insured or guaranteed by the U.S. government, the Federal Deposit Insurance Corporation, the Federal Reserve Board or any other governmental agency. <p style="margin: 0in 0in .0001pt;"> <em><font style="font-size: small; font-style: italic; font-family: Times New Roman;">The following paragraph is added to the beginning of the Performance section on page 8 for the International Equity Fund, page 18 for the International Equity Fund II, and page 59 for the Global Select Opportunities Fund:</font></em> </p> <br/><p style="margin: 0in 0in .0001pt 27.0pt;"> <font style="font-size: small; font-family: Times New Roman;">Effective May 22, 2013, Aberdeen Asset Management Inc. and Aberdeen Asset Managers Limited were appointed as investment adviser and subadviser, respectively, to the Fund. The returns for the Fund prior to May 22, 2013 reflect the performance of a portfolio management team from Artio Global Management LLC, the previous investment adviser.</font> </p> Aberdeen Select International Equity Fund II JETAX JETIX Principal Strategies <p style="margin:0in 0in .0001pt 27.0pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Under normal circumstances, the Fund will invest at least 80% of its net assets (including equity related futures, options, swaps and other instruments as well as borrowings for investment purposes) in equity securities of issuers located anywhere in the world, normally excluding the U.S. The Fund will provide shareholders with at least 60 days&#8217; notice prior to any changes in this policy.</font> </p> <br/><p style="margin:0in 0in .0001pt 27.0pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">For purposes of the 80% policy, the Fund invests in equity securities issued by companies that are located in, or that derive their highest concentration of their earnings or revenues from, a number of countries around the world other than the U.S. Some of these countries may be considered emerging market countries. Equity securities include but are not limited to, common stock, preferred stock and depositary receipts.</font> </p> <br/><p style="margin:0in 0in .0001pt 27.0pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">The Fund invests up to 35% of its net assets in emerging market securities. The Adviser may manage the Fund close to its limit in emerging markets. As of October 31, 2012, the Fund had 13.93% of its net assets invested in emerging market securities. Please go to http://www.aberdeen-asset.us/doc.nsf/Lit/FactsheetUSOpenSelectInternationalEquityII for a more current percentage of the Fund invested in emerging market securities.</font> </p> <br/><p style="margin:0in 0in .0001pt 27.0pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">The Fund ordinarily invests at least 65% of its total assets in no fewer than three different countries outside the U.S.</font> </p> <br/><p style="margin:0in 0in .0001pt 27.0pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">The Fund invests in companies that the Adviser considers to be midcap and larger companies, which the Adviser currently views to be companies that generally have a market capitalization greater than $2.5 billion as determined at the time of purchase.</font> </p> <br/><p style="margin:0in 0in .0001pt 27.0pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">The Fund&#8217;s investment team employs a fundamental, bottom-up equity investment style, which is characterized by intensive, first-hand research and disciplined company evaluation. Stocks are identified for their long-term, fundamental value. The stock selection process contains two filters, first quality and then price. In the quality filter, the investment team seeks to determine whether the company is a business that has good growth prospects and a balance sheet that supports expansion, and they evaluate other business risks. In the price filter, the investment team assesses the value of a company by reference to standard financial ratios, and estimates the value of the company relative to its market price and the valuations of companies within a relevant universe. The investment team may sell a security when they perceive that a company&#8217;s business direction or growth prospects have changed or the company&#8217;s valuations are no longer attractive.</font> </p> <p style="margin: 0in 0in .0001pt .5in; text-indent: -.5in;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Aberdeen Select International Equity Fund</font></strong> <font style="font-size: small;">(formerly known as the Artio International Equity Fund)</font> </p> <br/><p style="margin: 0in 0in .0001pt .5in; text-indent: -.5in;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Aberdeen Select International Equity Fund II</font></strong> <font style="font-size: small;">(formerly known as the Artio International Equity Fund II)</font> </p> <br/><p style="margin: 0in 0in .0001pt .5in; text-indent: -.5in;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Aberdeen Total Return Bond Fund</font></strong> <font style="font-size: small;">(formerly known as the Artio Total Return Bond Fund)</font> </p> <br/><p style="margin: 0in 0in .0001pt .5in; text-indent: -.5in;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Aberdeen Global High Income Fund</font></strong> <font style="font-size: small;">(formerly known as the Artio Global High Income Fund)</font> </p> <br/><p style="margin: 0in 0in .0001pt .5in; text-indent: -.5in;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Aberdeen Global Select Opportunities Fund Inc.</font></strong> <font style="font-size: small;">(formerly known as the Artio Global Select Opportunities Fund Inc.)</font> </p> <br/><p style="margin: 0in 0in .0001pt;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Supplement dated May 22, 2013 to the prospectus dated March 1, 2013</font></strong> </p> <br/><p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">The supplement indicates the changes to the Fund's registration statement following a (i) new investment advisory agreement between the Artio Global Funds and Aberdeen Asset Management Inc. and (ii) a new sub-advisory agreement between Artio International Equity Fund, Artio International Equity Fund II, Artio Select Opportunities Fund Inc., and Aberdeen Asset Managers Limited. In addition, the Fund Boards approved a new distribution agreement with Aberdeen Fund Distributors LLC.</font> </p> <br/><p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH</font></strong> </p> <br/><p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">THE PROSPECTUS FOR FUTURE REFERENCE.</font></strong> </p> <br/><p align="right" style="margin: 0in 0in .0001pt; text-align: right;"> <font style="font-family: Times New Roman; font-size: small;"/> </p> <br/><p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">The Artio Global Funds have been renamed and all references to the former fund names refer to the new fund name, as detailed in the table below. The Fund abbreviations used in this document are also indicated in the table below.</font> </p> <br/><table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100.0%;"> <tr> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 29.68%;" valign="bottom" width="29%"> <p style="margin: 0in 0in .0001pt;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">Former Fund Name</font></strong> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.2%;" valign="bottom" width="2%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;"/></strong> </p> </td> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 38.36%;" valign="bottom" width="38%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">New Fund Name</font></strong> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.2%;" valign="bottom" width="2%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;"/></strong> </p> </td> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 27.56%;" valign="bottom" width="27%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">Fund Abbreviation Used</font></strong> </p> </td> </tr> <tr> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 29.68%; background-color: #CCEEFF;" valign="top" width="29%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Artio International Equity Fund</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 38.36%; background-color: #CCEEFF;" valign="top" width="38%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Select International Equity Fund</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 27.56%; background-color: #CCEEFF;" valign="top" width="27%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">International Equity Fund</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 29.68%;" valign="top" width="29%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Artio International Equity Fund II</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.2%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 38.36%;" valign="top" width="38%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Select International Equity Fund II</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.2%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 27.56%;" valign="top" width="27%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">International Equity Fund II</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 29.68%; background-color: #CCEEFF;" valign="top" width="29%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Artio Total Return Bond Fund</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 38.36%; background-color: #CCEEFF;" valign="top" width="38%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Total Return Bond Fund</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 27.56%; background-color: #CCEEFF;" valign="top" width="27%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Total Return Bond Fund</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 29.68%;" valign="top" width="29%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Artio Global High Income Fund</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.2%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 38.36%;" valign="top" width="38%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Global High Income Fund</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.2%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 27.56%;" valign="top" width="27%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Global High Income Fund</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 29.68%; background-color: #CCEEFF;" valign="top" width="29%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Artio Select Opportunities Fund Inc.</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 38.36%; background-color: #CCEEFF;" valign="top" width="38%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Global Select Opportunities Fund Inc.</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 27.56%; background-color: #CCEEFF;" valign="top" width="27%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Global Select Opportunities Fund</font> </p> </td> </tr> </table> <br/><p style="margin: 0in 0in .0001pt;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">The Artio Emerging Markets Local Debt Fund was liquidated on April 19, 2013. Any and all references to the Artio Emerging Markets Local Debt Fund are removed.</font></strong> </p> <br/><p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Asset Management Inc. replaced Artio Global Management LLC as the Investment Adviser for the Funds. All references to Artio Global as the Adviser are replaced with references to Aberdeen Asset Management Inc.</font> </p> <br/><p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Fund Distributors LLC replaced Quasar Distributors LLC as the principal underwriter for the Fund. All references to Quasar Distributors LLC is replaced with references to Aberdeen Fund Distributors LLC.</font> </p> <br/><p style="margin: 0in 0in .0001pt;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Fund Summaries Changes</font></strong> <font style="font-size: small;">(pages 2-62)</font> </p> <br/><p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Certain headings in the "Fund Summaries" section have been renamed as indicated below:</font> </p> <br/><table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; margin-left: 0.25in; width: 96%;"> <tr> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 47.2%;" valign="bottom" width="47%"> <p style="margin: 0in 0in .0001pt;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">Former Heading</font></strong> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.22%;" valign="bottom" width="2%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;"/></strong> </p> </td> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 50.58%;" valign="bottom" width="50%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">New Heading</font></strong> </p> </td> </tr> <tr> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 47.2%; background-color: #CCEEFF;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.22%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 50.58%; background-color: #CCEEFF;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Shareholder Fees (Fees Paid Directly From Your Investment)</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 47.2%;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Expense Example</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.22%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 50.58%;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Example</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 47.2%; background-color: #CCEEFF;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Principal Investment Strategies</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.22%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 50.58%; background-color: #CCEEFF;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Principal Strategies</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 47.2%;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Principal Investment Risks</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.22%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 50.58%;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Principal Risks</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 47.2%; background-color: #CCEEFF;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Fund Management</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.22%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 50.58%; background-color: #CCEEFF;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Investment Adviser</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 47.2%;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Purchase and Redemption of Fund Shares</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.22%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 50.58%;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Purchase and Sale of Fund Shares</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 47.2%; background-color: #CCEEFF;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Payments to Brokers and Other Financial Intermediaries</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.22%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 50.58%; background-color: #CCEEFF;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Payments to Brokers-Dealers and Other Financial Intermediaries</font> </p> </td> </tr> </table> <br/><p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Updated performance information for each Fund will be available at each Fund's website, as indicated below:</font> </p> <br/><table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; margin-left: 0.25in; width: 96%;"> <tr> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 40.08%;" valign="bottom" width="40%"> <p style="margin: 0in 0in .0001pt;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">Fund</font></strong> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 3.1%;" valign="bottom" width="3%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;"/></strong> </p> </td> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 56.82%;" valign="bottom" width="56%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">Website</font></strong> </p> </td> </tr> <tr> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 40.08%; background-color: #CCEEFF;" valign="top" width="40%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">International Equity Fund</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 3.1%; background-color: #CCEEFF;" valign="bottom" width="3%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 56.82%; background-color: #CCEEFF;" valign="top" width="56%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">www.aberdeen-asset.us/SelectInternational</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 40.08%;" valign="top" width="40%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">International Equity Fund II</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 3.1%;" valign="bottom" width="3%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 56.82%;" valign="top" width="56%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">www.aberdeen-asset.us/SelectInternationalII</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 40.08%; background-color: #CCEEFF;" valign="top" width="40%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Total Return Bond Fund</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 3.1%; background-color: #CCEEFF;" valign="bottom" width="3%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 56.82%; background-color: #CCEEFF;" valign="top" width="56%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">www.aberdeen-asset.us/TotalReturn</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 40.08%;" valign="top" width="40%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Global High Income Fund</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 3.1%;" valign="bottom" width="3%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 56.82%;" valign="top" width="56%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">www.aberdeen-asset.us/GlobalHighIncome</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 40.08%; background-color: #CCEEFF;" valign="top" width="40%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Global Select Opportunities Fund Inc.</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 3.1%; background-color: #CCEEFF;" valign="bottom" width="3%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 56.82%; background-color: #CCEEFF;" valign="top" width="56%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">www.aberdeen-asset.us/GlobalSelectOpportunities</font> </p> </td> </tr> </table> <br/><p style="margin: 0in 0in .0001pt;"> <em><font style="font-size: small; font-style: italic; font-family: Times New Roman;">The Principal Investment Strategies and Principal Investment Risks sections beginning on page 13 for the International Equity Fund II are replaced with the following:</font></em> </p> Principal Risks <p style="margin:0in 0in .0001pt 27.0pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Global economies and securities markets can and have experienced significant volatility which has increased the risks associated with an investment in the Fund. Investments in the Fund carry risk and there is no guarantee that the Fund&#8217;s investment objective will be achieved. You could lose money by investing in the Fund. The principal risks of investing that could adversely impact the Fund are:</font> </p> <br/><p style="margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"> <font size="2" style="font-size:10.0pt; font-family: Symbol;">&#183;</font> <font size="1" style="font-size:8.5pt;"></font> <b><font size="2" style="font-size:10.0pt;font-weight:bold;">Stock Market Risk:</font></b> <font size="2" style="font-size:10.0pt;">The Fund may invest in equity securities that lose value because of declines in the stock market and may be adversely affected by market conditions and factors related to a particular company or industry. Companies in developing industries tend to be more vulnerable to adverse developments.</font> </p> <br/><p style="margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"> <font size="2" style="font-size:10.0pt; font-family: Symbol;">&#183;</font> <font size="1" style="font-size:8.5pt;"></font> <b><font size="2" style="font-size:10.0pt;font-weight:bold;">Foreign Investment Risk:</font></b> <font size="2" style="font-size:10.0pt;">The Fund may invest in foreign securities which lose value because of fluctuations in currency exchange rates and market liquidity, price volatility, uncertain political and legal conditions, lack of reliable financial information and other factors. Foreign securities of certain countries are subject to political instability, which may result in potential revolts and the confiscation of assets by governments. As a result, the Fund&#8217;s returns and net asset value may be affected to a large degree by fluctuations in currency exchange rates or political or economic conditions in a particular country or region. In the event of nationalization, default, debt restructuring, capital controls, expropriation or other confiscation, the Fund could lose its entire investment in foreign securities. Adverse conditions in a certain region can adversely affect securities of other countries whose economies appear to be unrelated. To the extent that the Fund invests a significant portion of its assets in a specific geographic region, the Fund may generally have more exposure to regional economic risks associated with foreign investments.</font> </p> <br/><p style="margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"> <font size="2" style="font-size:10.0pt; font-family: Symbol;">&#183;</font> <font size="1" style="font-size:8.5pt;"></font> <b><font size="2" style="font-size:10.0pt;font-weight:bold;">Emerging Market Risk:</font></b> <font size="2" style="font-size:10.0pt;">The Fund&#8217;s investments in emerging market countries may involve risks greater than, or in addition to, the risks of investing in more developed countries. Emerging markets are generally smaller, less developed, less liquid, and more volatile than developed markets, and are subject to greater social, political and economic uncertainties, higher levels of inflation and currency devaluation and settlement and operational risks, including risks related to foreign securities custody. Investments in emerging market countries are subject to the risk of expropriation or nationalization of private industry. Expropriation of an issuer&#8217;s assets whose securities are held in the Fund would result in a partial or total loss of the investment.</font> </p> <br/><p style="margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"> <font size="2" style="font-size:10.0pt; font-family: Symbol;">&#183;</font> <font size="1" style="font-size:8.5pt;"></font> <b><font size="2" style="font-size:10.0pt;font-weight:bold;">Liquidity Risk:</font></b> <font size="2" style="font-size:10.0pt;">Particular investments may be difficult to purchase or sell. The Fund may make investments that may become less liquid in response to market developments or adverse investor perceptions, which may reduce the returns of the Fund because it may be unable to sell the illiquid securities at an advantageous time or price.</font> </p> <br/><p style="margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"> <font size="2" style="font-size:10.0pt; font-family: Symbol;">&#183;</font> <font size="1" style="font-size:8.5pt;"></font> <b><font size="2" style="font-size:10.0pt;font-weight:bold;">Medium-Sized Company Risk:</font></b> <font size="2" style="font-size:10.0pt;">Stocks of medium-sized companies tend to be more volatile and less liquid than stocks of larger companies. Compared to larger companies, medium-sized companies tend to have analyst coverage by fewer Wall Street firms and may trade at prices that reflect incomplete or inaccurate information. Medium-sized companies may have a shorter history of operations, less access to financing and a less diversified product line and be more susceptible to market pressures and therefore have more volatile stock prices and company performance than larger companies. During some periods, stocks of medium-sized companies, as an asset class, have underperformed the stocks of larger companies.</font> </p> <br/><p style="margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"> <font size="2" style="font-size:10.0pt; font-family: Symbol;">&#183;</font> <font size="1" style="font-size:8.5pt;"></font> <b><font size="2" style="font-size:10.0pt;font-weight:bold;">Custody/Sub-Custody Risk:</font></b> <font size="2" style="font-size:10.0pt;">The Fund may invest in markets where custodial and/or settlement systems are not fully developed. There may be very limited regulatory oversight of certain foreign banks or securities depositories that hold foreign securities and foreign currency. The laws of certain countries may limit the ability to recover such assets if a foreign bank or depository or their agents goes bankrupt and the assets of the Fund may be exposed to risk in circumstances where the custodian/sub-custodian or Adviser will have no liability. In addition, the inability of the Fund to make its intended securities purchases due to settlement issues with the custodian/sub-custodian could cause the Fund to miss attractive investment opportunities.</font> </p> <br/><p style="margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"> <font size="2" style="font-size:10.0pt; font-family: Symbol;">&#183;</font> <font size="1" style="font-size:8.5pt;"></font> <b><font size="2" style="font-size:10.0pt;font-weight:bold;">Redemption Risk:</font></b> <font size="2" style="font-size:10.0pt;">The Fund may need to sell its portfolio holdings in order to meet shareholder redemption requests. In selling its holdings to meet redemption requests, the Fund could experience a loss if the redemption requests are unusually large or frequent, occur in times of overall market turmoil, or declining prices for the securities sold, or when the securities the Fund wishes to or is required to sell are illiquid.</font> </p> <br/><p style="margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"> <font size="2" style="font-size:10.0pt; font-family: Symbol;">&#183;</font> <font size="1" style="font-size:8.5pt;"></font> <b><font size="2" style="font-size:10.0pt;font-weight:bold;">Large Shareholder Risk:</font></b> <font size="2" style="font-size:10.0pt;">Large shareholders of the Fund, such as institutional investors, may disrupt the efficient management of the Fund&#8217;s operations by purchasing or redeeming Fund shares in large amounts.</font> </p> <br/><p style="margin:0in 0in .0001pt 27.0pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">An investment in the Fund is not a bank deposit or obligation of any bank and is not endorsed or guaranteed by any bank and is not insured or guaranteed by the U.S. government, the Federal Deposit Insurance Corporation, the Federal Reserve Board or any other governmental agency.</font> </p> <br/><p style="margin:0in 0in .0001pt 27.0pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">An investment in the Fund is not a bank deposit or obligation of any bank and is not endorsed or guaranteed by any bank and is not insured or guaranteed by the U.S. government, the Federal Deposit Insurance Corporation, the Federal Reserve Board or any other governmental agency.</font> </p> <br/><p style="margin:0in 0in .0001pt 27.35pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">You could lose money investing in the Fund.</font> </p> <br/><p style="margin: 0in 0in .0001pt 27.35pt;"> <font style="font-size: small; font-family: Times New Roman;">Further information about the Fund&#8217;s strategies and risks is provided in the section, <em>Fund Strategies and Risks.</em></font> </p> You could lose money by investing in the Fund. An investment in the Fund is not a bank deposit or obligation of any bank and is not endorsed or guaranteed by any bank and is not insured or guaranteed by the U.S. government, the Federal Deposit Insurance Corporation, the Federal Reserve Board or any other governmental agency. <p style="margin: 0in 0in .0001pt;"> <em><font style="font-size: small; font-style: italic; font-family: Times New Roman;">The following paragraph is added to the beginning of the Performance section on page 8 for the International Equity Fund, page 18 for the International Equity Fund II, and page 59 for the Global Select Opportunities Fund:</font></em> </p> <br/><p style="margin: 0in 0in .0001pt 27.0pt;"> <font style="font-size: small; font-family: Times New Roman;">Effective May 22, 2013, Aberdeen Asset Management Inc. and Aberdeen Asset Managers Limited were appointed as investment adviser and subadviser, respectively, to the Fund. The returns for the Fund prior to May 22, 2013 reflect the performance of a portfolio management team from Artio Global Management LLC, the previous investment adviser.</font> </p> Aberdeen Total Return Bond Fund BJBGX JBGIX <p style="margin: 0in 0in .0001pt .5in; text-indent: -.5in;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Aberdeen Select International Equity Fund</font></strong> <font style="font-size: small;">(formerly known as the Artio International Equity Fund)</font> </p> <br/><p style="margin: 0in 0in .0001pt .5in; text-indent: -.5in;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Aberdeen Select International Equity Fund II</font></strong> <font style="font-size: small;">(formerly known as the Artio International Equity Fund II)</font> </p> <br/><p style="margin: 0in 0in .0001pt .5in; text-indent: -.5in;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Aberdeen Total Return Bond Fund</font></strong> <font style="font-size: small;">(formerly known as the Artio Total Return Bond Fund)</font> </p> <br/><p style="margin: 0in 0in .0001pt .5in; text-indent: -.5in;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Aberdeen Global High Income Fund</font></strong> <font style="font-size: small;">(formerly known as the Artio Global High Income Fund)</font> </p> <br/><p style="margin: 0in 0in .0001pt .5in; text-indent: -.5in;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Aberdeen Global Select Opportunities Fund Inc.</font></strong> <font style="font-size: small;">(formerly known as the Artio Global Select Opportunities Fund Inc.)</font> </p> <br/><p style="margin: 0in 0in .0001pt;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Supplement dated May 22, 2013 to the prospectus dated March 1, 2013</font></strong> </p> <br/><p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">The supplement indicates the changes to the Fund's registration statement following a (i) new investment advisory agreement between the Artio Global Funds and Aberdeen Asset Management Inc. and (ii) a new sub-advisory agreement between Artio International Equity Fund, Artio International Equity Fund II, Artio Select Opportunities Fund Inc., and Aberdeen Asset Managers Limited. In addition, the Fund Boards approved a new distribution agreement with Aberdeen Fund Distributors LLC.</font> </p> <br/><p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH</font></strong> </p> <br/><p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">THE PROSPECTUS FOR FUTURE REFERENCE.</font></strong> </p> <br/><p align="right" style="margin: 0in 0in .0001pt; text-align: right;"> <font style="font-family: Times New Roman; font-size: small;"/> </p> <br/><p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">The Artio Global Funds have been renamed and all references to the former fund names refer to the new fund name, as detailed in the table below. The Fund abbreviations used in this document are also indicated in the table below.</font> </p> <br/><table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100.0%;"> <tr> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 29.68%;" valign="bottom" width="29%"> <p style="margin: 0in 0in .0001pt;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">Former Fund Name</font></strong> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.2%;" valign="bottom" width="2%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;"/></strong> </p> </td> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 38.36%;" valign="bottom" width="38%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">New Fund Name</font></strong> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.2%;" valign="bottom" width="2%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;"/></strong> </p> </td> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 27.56%;" valign="bottom" width="27%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">Fund Abbreviation Used</font></strong> </p> </td> </tr> <tr> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 29.68%; background-color: #CCEEFF;" valign="top" width="29%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Artio International Equity Fund</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 38.36%; background-color: #CCEEFF;" valign="top" width="38%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Select International Equity Fund</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 27.56%; background-color: #CCEEFF;" valign="top" width="27%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">International Equity Fund</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 29.68%;" valign="top" width="29%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Artio International Equity Fund II</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.2%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 38.36%;" valign="top" width="38%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Select International Equity Fund II</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.2%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 27.56%;" valign="top" width="27%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">International Equity Fund II</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 29.68%; background-color: #CCEEFF;" valign="top" width="29%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Artio Total Return Bond Fund</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 38.36%; background-color: #CCEEFF;" valign="top" width="38%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Total Return Bond Fund</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 27.56%; background-color: #CCEEFF;" valign="top" width="27%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Total Return Bond Fund</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 29.68%;" valign="top" width="29%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Artio Global High Income Fund</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.2%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 38.36%;" valign="top" width="38%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Global High Income Fund</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.2%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 27.56%;" valign="top" width="27%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Global High Income Fund</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 29.68%; background-color: #CCEEFF;" valign="top" width="29%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Artio Select Opportunities Fund Inc.</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 38.36%; background-color: #CCEEFF;" valign="top" width="38%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Global Select Opportunities Fund Inc.</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 27.56%; background-color: #CCEEFF;" valign="top" width="27%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Global Select Opportunities Fund</font> </p> </td> </tr> </table> <br/><p style="margin: 0in 0in .0001pt;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">The Artio Emerging Markets Local Debt Fund was liquidated on April 19, 2013. Any and all references to the Artio Emerging Markets Local Debt Fund are removed.</font></strong> </p> <br/><p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Asset Management Inc. replaced Artio Global Management LLC as the Investment Adviser for the Funds. All references to Artio Global as the Adviser are replaced with references to Aberdeen Asset Management Inc.</font> </p> <br/><p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Fund Distributors LLC replaced Quasar Distributors LLC as the principal underwriter for the Fund. All references to Quasar Distributors LLC is replaced with references to Aberdeen Fund Distributors LLC.</font> </p> <br/><p style="margin: 0in 0in .0001pt;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Fund Summaries Changes</font></strong> <font style="font-size: small;">(pages 2-62)</font> </p> <br/><p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Certain headings in the "Fund Summaries" section have been renamed as indicated below:</font> </p> <br/><table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; margin-left: 0.25in; width: 96%;"> <tr> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 47.2%;" valign="bottom" width="47%"> <p style="margin: 0in 0in .0001pt;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">Former Heading</font></strong> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.22%;" valign="bottom" width="2%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;"/></strong> </p> </td> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 50.58%;" valign="bottom" width="50%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">New Heading</font></strong> </p> </td> </tr> <tr> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 47.2%; background-color: #CCEEFF;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.22%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 50.58%; background-color: #CCEEFF;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Shareholder Fees (Fees Paid Directly From Your Investment)</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 47.2%;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Expense Example</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.22%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 50.58%;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Example</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 47.2%; background-color: #CCEEFF;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Principal Investment Strategies</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.22%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 50.58%; background-color: #CCEEFF;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Principal Strategies</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 47.2%;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Principal Investment Risks</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.22%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 50.58%;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Principal Risks</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 47.2%; background-color: #CCEEFF;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Fund Management</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.22%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 50.58%; background-color: #CCEEFF;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Investment Adviser</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 47.2%;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Purchase and Redemption of Fund Shares</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.22%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 50.58%;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Purchase and Sale of Fund Shares</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 47.2%; background-color: #CCEEFF;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Payments to Brokers and Other Financial Intermediaries</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.22%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 50.58%; background-color: #CCEEFF;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Payments to Brokers-Dealers and Other Financial Intermediaries</font> </p> </td> </tr> </table> <br/><p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Updated performance information for each Fund will be available at each Fund's website, as indicated below:</font> </p> <br/><table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; margin-left: 0.25in; width: 96%;"> <tr> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 40.08%;" valign="bottom" width="40%"> <p style="margin: 0in 0in .0001pt;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">Fund</font></strong> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 3.1%;" valign="bottom" width="3%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;"/></strong> </p> </td> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 56.82%;" valign="bottom" width="56%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">Website</font></strong> </p> </td> </tr> <tr> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 40.08%; background-color: #CCEEFF;" valign="top" width="40%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">International Equity Fund</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 3.1%; background-color: #CCEEFF;" valign="bottom" width="3%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 56.82%; background-color: #CCEEFF;" valign="top" width="56%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">www.aberdeen-asset.us/SelectInternational</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 40.08%;" valign="top" width="40%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">International Equity Fund II</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 3.1%;" valign="bottom" width="3%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 56.82%;" valign="top" width="56%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">www.aberdeen-asset.us/SelectInternationalII</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 40.08%; background-color: #CCEEFF;" valign="top" width="40%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Total Return Bond Fund</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 3.1%; background-color: #CCEEFF;" valign="bottom" width="3%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 56.82%; background-color: #CCEEFF;" valign="top" width="56%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">www.aberdeen-asset.us/TotalReturn</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 40.08%;" valign="top" width="40%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Global High Income Fund</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 3.1%;" valign="bottom" width="3%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 56.82%;" valign="top" width="56%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">www.aberdeen-asset.us/GlobalHighIncome</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 40.08%; background-color: #CCEEFF;" valign="top" width="40%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Global Select Opportunities Fund Inc.</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 3.1%; background-color: #CCEEFF;" valign="bottom" width="3%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 56.82%; background-color: #CCEEFF;" valign="top" width="56%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">www.aberdeen-asset.us/GlobalSelectOpportunities</font> </p> </td> </tr> </table> <p style="margin: 0in 0in .0001pt;"> <em><font style="font-size: small; font-style: italic; font-family: Times New Roman;">The following paragraph is added to the beginning of the Performance section on page 28 for the Total Return Bond Fund and page 38 for the Global High Income Fund:</font></em> </p> <br/><p style="margin:0in 0in .0001pt 27.0pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Effective May 22, 2013, Aberdeen Asset Management Inc. (the &#8220;Adviser&#8221;) was appointed as the investment adviser to the Fund; however, the portfolio management team from Artio Global Management LLC, the predecessor adviser to the Fund, is employed by the Adviser as of that date and continues to manage the Fund.</font> </p> Aberdeen Global High Income Fund BJBHX JHYIX <p style="margin: 0in 0in .0001pt .5in; text-indent: -.5in;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Aberdeen Select International Equity Fund</font></strong> <font style="font-size: small;">(formerly known as the Artio International Equity Fund)</font> </p> <br/><p style="margin: 0in 0in .0001pt .5in; text-indent: -.5in;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Aberdeen Select International Equity Fund II</font></strong> <font style="font-size: small;">(formerly known as the Artio International Equity Fund II)</font> </p> <br/><p style="margin: 0in 0in .0001pt .5in; text-indent: -.5in;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Aberdeen Total Return Bond Fund</font></strong> <font style="font-size: small;">(formerly known as the Artio Total Return Bond Fund)</font> </p> <br/><p style="margin: 0in 0in .0001pt .5in; text-indent: -.5in;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Aberdeen Global High Income Fund</font></strong> <font style="font-size: small;">(formerly known as the Artio Global High Income Fund)</font> </p> <br/><p style="margin: 0in 0in .0001pt .5in; text-indent: -.5in;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Aberdeen Global Select Opportunities Fund Inc.</font></strong> <font style="font-size: small;">(formerly known as the Artio Global Select Opportunities Fund Inc.)</font> </p> <br/><p style="margin: 0in 0in .0001pt;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Supplement dated May 22, 2013 to the prospectus dated March 1, 2013</font></strong> </p> <br/><p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">The supplement indicates the changes to the Fund's registration statement following a (i) new investment advisory agreement between the Artio Global Funds and Aberdeen Asset Management Inc. and (ii) a new sub-advisory agreement between Artio International Equity Fund, Artio International Equity Fund II, Artio Select Opportunities Fund Inc., and Aberdeen Asset Managers Limited. In addition, the Fund Boards approved a new distribution agreement with Aberdeen Fund Distributors LLC.</font> </p> <br/><p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH</font></strong> </p> <br/><p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">THE PROSPECTUS FOR FUTURE REFERENCE.</font></strong> </p> <br/><p align="right" style="margin: 0in 0in .0001pt; text-align: right;"> <font style="font-family: Times New Roman; font-size: small;"/> </p> <br/><p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">The Artio Global Funds have been renamed and all references to the former fund names refer to the new fund name, as detailed in the table below. The Fund abbreviations used in this document are also indicated in the table below.</font> </p> <br/><table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100.0%;"> <tr> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 29.68%;" valign="bottom" width="29%"> <p style="margin: 0in 0in .0001pt;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">Former Fund Name</font></strong> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.2%;" valign="bottom" width="2%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;"/></strong> </p> </td> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 38.36%;" valign="bottom" width="38%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">New Fund Name</font></strong> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.2%;" valign="bottom" width="2%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;"/></strong> </p> </td> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 27.56%;" valign="bottom" width="27%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">Fund Abbreviation Used</font></strong> </p> </td> </tr> <tr> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 29.68%; background-color: #CCEEFF;" valign="top" width="29%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Artio International Equity Fund</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 38.36%; background-color: #CCEEFF;" valign="top" width="38%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Select International Equity Fund</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 27.56%; background-color: #CCEEFF;" valign="top" width="27%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">International Equity Fund</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 29.68%;" valign="top" width="29%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Artio International Equity Fund II</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.2%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 38.36%;" valign="top" width="38%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Select International Equity Fund II</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.2%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 27.56%;" valign="top" width="27%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">International Equity Fund II</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 29.68%; background-color: #CCEEFF;" valign="top" width="29%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Artio Total Return Bond Fund</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 38.36%; background-color: #CCEEFF;" valign="top" width="38%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Total Return Bond Fund</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 27.56%; background-color: #CCEEFF;" valign="top" width="27%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Total Return Bond Fund</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 29.68%;" valign="top" width="29%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Artio Global High Income Fund</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.2%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 38.36%;" valign="top" width="38%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Global High Income Fund</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.2%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 27.56%;" valign="top" width="27%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Global High Income Fund</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 29.68%; background-color: #CCEEFF;" valign="top" width="29%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Artio Select Opportunities Fund Inc.</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 38.36%; background-color: #CCEEFF;" valign="top" width="38%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Global Select Opportunities Fund Inc.</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 27.56%; background-color: #CCEEFF;" valign="top" width="27%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Global Select Opportunities Fund</font> </p> </td> </tr> </table> <br/><p style="margin: 0in 0in .0001pt;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">The Artio Emerging Markets Local Debt Fund was liquidated on April 19, 2013. Any and all references to the Artio Emerging Markets Local Debt Fund are removed.</font></strong> </p> <br/><p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Asset Management Inc. replaced Artio Global Management LLC as the Investment Adviser for the Funds. All references to Artio Global as the Adviser are replaced with references to Aberdeen Asset Management Inc.</font> </p> <br/><p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Fund Distributors LLC replaced Quasar Distributors LLC as the principal underwriter for the Fund. All references to Quasar Distributors LLC is replaced with references to Aberdeen Fund Distributors LLC.</font> </p> <br/><p style="margin: 0in 0in .0001pt;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Fund Summaries Changes</font></strong> <font style="font-size: small;">(pages 2-62)</font> </p> <br/><p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Certain headings in the "Fund Summaries" section have been renamed as indicated below:</font> </p> <br/><table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; margin-left: 0.25in; width: 96%;"> <tr> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 47.2%;" valign="bottom" width="47%"> <p style="margin: 0in 0in .0001pt;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">Former Heading</font></strong> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.22%;" valign="bottom" width="2%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;"/></strong> </p> </td> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 50.58%;" valign="bottom" width="50%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">New Heading</font></strong> </p> </td> </tr> <tr> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 47.2%; background-color: #CCEEFF;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.22%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 50.58%; background-color: #CCEEFF;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Shareholder Fees (Fees Paid Directly From Your Investment)</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 47.2%;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Expense Example</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.22%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 50.58%;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Example</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 47.2%; background-color: #CCEEFF;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Principal Investment Strategies</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.22%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 50.58%; background-color: #CCEEFF;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Principal Strategies</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 47.2%;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Principal Investment Risks</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.22%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 50.58%;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Principal Risks</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 47.2%; background-color: #CCEEFF;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Fund Management</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.22%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 50.58%; background-color: #CCEEFF;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Investment Adviser</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 47.2%;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Purchase and Redemption of Fund Shares</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.22%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 50.58%;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Purchase and Sale of Fund Shares</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 47.2%; background-color: #CCEEFF;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Payments to Brokers and Other Financial Intermediaries</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.22%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 50.58%; background-color: #CCEEFF;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Payments to Brokers-Dealers and Other Financial Intermediaries</font> </p> </td> </tr> </table> <br/><p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Updated performance information for each Fund will be available at each Fund's website, as indicated below:</font> </p> <br/><table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; margin-left: 0.25in; width: 96%;"> <tr> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 40.08%;" valign="bottom" width="40%"> <p style="margin: 0in 0in .0001pt;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">Fund</font></strong> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 3.1%;" valign="bottom" width="3%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;"/></strong> </p> </td> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 56.82%;" valign="bottom" width="56%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">Website</font></strong> </p> </td> </tr> <tr> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 40.08%; background-color: #CCEEFF;" valign="top" width="40%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">International Equity Fund</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 3.1%; background-color: #CCEEFF;" valign="bottom" width="3%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 56.82%; background-color: #CCEEFF;" valign="top" width="56%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">www.aberdeen-asset.us/SelectInternational</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 40.08%;" valign="top" width="40%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">International Equity Fund II</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 3.1%;" valign="bottom" width="3%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 56.82%;" valign="top" width="56%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">www.aberdeen-asset.us/SelectInternationalII</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 40.08%; background-color: #CCEEFF;" valign="top" width="40%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Total Return Bond Fund</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 3.1%; background-color: #CCEEFF;" valign="bottom" width="3%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 56.82%; background-color: #CCEEFF;" valign="top" width="56%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">www.aberdeen-asset.us/TotalReturn</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 40.08%;" valign="top" width="40%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Global High Income Fund</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 3.1%;" valign="bottom" width="3%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 56.82%;" valign="top" width="56%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">www.aberdeen-asset.us/GlobalHighIncome</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 40.08%; background-color: #CCEEFF;" valign="top" width="40%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Global Select Opportunities Fund Inc.</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 3.1%; background-color: #CCEEFF;" valign="bottom" width="3%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 56.82%; background-color: #CCEEFF;" valign="top" width="56%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">www.aberdeen-asset.us/GlobalSelectOpportunities</font> </p> </td> </tr> </table> <p style="margin: 0in 0in .0001pt;"> <em><font style="font-size: small; font-style: italic; font-family: Times New Roman;">The following paragraph is added to the beginning of the Performance section on page 28 for the Total Return Bond Fund and page 38 for the Global High Income Fund:</font></em> </p> <br/><p style="margin: 0in 0in .0001pt 27.0pt;"> <font style="font-size: small; font-family: Times New Roman;">Effective May 22, 2013, Aberdeen Asset Management Inc. (the &#8220;Adviser&#8221;) was appointed as the investment adviser to the Fund; however, the portfolio management team from Artio Global Management LLC, the predecessor adviser to the Fund, is employed by the Adviser as of that date and continues to manage the Fund.</font> </p> ABERDEEN GLOBAL SELECT OPPORTUNITIES FUND INC. BJGQX JGEIX Principal Strategies <p style="margin:0in 0in .0001pt 27.0pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">The Fund invests primarily in a diversified portfolio of equity securities issued by U.S. and non-U.S. companies including those in developed and emerging markets.</font> </p> <br/><p style="margin:0in 0in .0001pt 27.0pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Under normal circumstances, the Fund will invest at least 80% of its net assets (including equity related futures, options, swaps and other instruments as well as borrowings for investment purposes) in equity securities of global issuers. The Fund will provide shareholders with at least 60 days&#8217; notice prior to any changes in this policy.</font> </p> <br/><p style="margin:0in 0in .0001pt 27.0pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">The Fund may invest without limit in emerging market securities. The Fund may invest in securities of any market capitalization.</font> </p> <br/><p style="margin:0in 0in .0001pt 27.0pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">The Fund may engage in active and frequent trading of portfolio securities to achieve its investment objective.</font> </p> <br/><p style="margin:0in 0in .0001pt 27.0pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">The Fund&#8217;s investment team employs a fundamental, bottom-up equity investment style, which is characterized by intensive, first-hand research and disciplined company evaluation. Stocks are identified for their long-term, fundamental value. The stock selection process contains two filters, first quality and then price. In the quality filter, the investment team seeks to determine whether the company is a business that has good growth prospects and a balance sheet that supports expansion, and they evaluate other business risks. In the price filter, the investment team assesses the value of a company by reference to standard financial ratios, and estimates the value of the company relative to its market price and the valuations of companies within a relevant universe. The investment team may sell a security when they perceive that a company&#8217;s business direction or growth prospects have changed or the company&#8217;s valuations are no longer attractive.</font> </p> <p style="margin: 0in 0in .0001pt .5in; text-indent: -.5in;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Aberdeen Select International Equity Fund</font></strong> <font style="font-size: small;">(formerly known as the Artio International Equity Fund)</font> </p> <br/><p style="margin: 0in 0in .0001pt .5in; text-indent: -.5in;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Aberdeen Select International Equity Fund II</font></strong> <font style="font-size: small;">(formerly known as the Artio International Equity Fund II)</font> </p> <br/><p style="margin: 0in 0in .0001pt .5in; text-indent: -.5in;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Aberdeen Total Return Bond Fund</font></strong> <font style="font-size: small;">(formerly known as the Artio Total Return Bond Fund)</font> </p> <br/><p style="margin: 0in 0in .0001pt .5in; text-indent: -.5in;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Aberdeen Global High Income Fund</font></strong> <font style="font-size: small;">(formerly known as the Artio Global High Income Fund)</font> </p> <br/><p style="margin: 0in 0in .0001pt .5in; text-indent: -.5in;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Aberdeen Global Select Opportunities Fund Inc.</font></strong> <font style="font-size: small;">(formerly known as the Artio Global Select Opportunities Fund Inc.)</font> </p> <br/><p style="margin: 0in 0in .0001pt;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Supplement dated May 22, 2013 to the prospectus dated March 1, 2013</font></strong> </p> <br/><p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">The supplement indicates the changes to the Fund's registration statement following a (i) new investment advisory agreement between the Artio Global Funds and Aberdeen Asset Management Inc. and (ii) a new sub-advisory agreement between Artio International Equity Fund, Artio International Equity Fund II, Artio Select Opportunities Fund Inc., and Aberdeen Asset Managers Limited. In addition, the Fund Boards approved a new distribution agreement with Aberdeen Fund Distributors LLC.</font> </p> <br/><p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH</font></strong> </p> <br/><p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">THE PROSPECTUS FOR FUTURE REFERENCE.</font></strong> </p> <br/><p align="right" style="margin: 0in 0in .0001pt; text-align: right;"> <font style="font-family: Times New Roman; font-size: small;"/> </p> <br/><p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">The Artio Global Funds have been renamed and all references to the former fund names refer to the new fund name, as detailed in the table below. The Fund abbreviations used in this document are also indicated in the table below.</font> </p> <br/><table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100.0%;"> <tr> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 29.68%;" valign="bottom" width="29%"> <p style="margin: 0in 0in .0001pt;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">Former Fund Name</font></strong> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.2%;" valign="bottom" width="2%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;"/></strong> </p> </td> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 38.36%;" valign="bottom" width="38%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">New Fund Name</font></strong> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.2%;" valign="bottom" width="2%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;"/></strong> </p> </td> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 27.56%;" valign="bottom" width="27%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">Fund Abbreviation Used</font></strong> </p> </td> </tr> <tr> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 29.68%; background-color: #CCEEFF;" valign="top" width="29%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Artio International Equity Fund</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 38.36%; background-color: #CCEEFF;" valign="top" width="38%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Select International Equity Fund</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 27.56%; background-color: #CCEEFF;" valign="top" width="27%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">International Equity Fund</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 29.68%;" valign="top" width="29%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Artio International Equity Fund II</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.2%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 38.36%;" valign="top" width="38%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Select International Equity Fund II</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.2%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 27.56%;" valign="top" width="27%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">International Equity Fund II</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 29.68%; background-color: #CCEEFF;" valign="top" width="29%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Artio Total Return Bond Fund</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 38.36%; background-color: #CCEEFF;" valign="top" width="38%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Total Return Bond Fund</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 27.56%; background-color: #CCEEFF;" valign="top" width="27%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Total Return Bond Fund</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 29.68%;" valign="top" width="29%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Artio Global High Income Fund</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.2%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 38.36%;" valign="top" width="38%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Global High Income Fund</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.2%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 27.56%;" valign="top" width="27%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Global High Income Fund</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 29.68%; background-color: #CCEEFF;" valign="top" width="29%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Artio Select Opportunities Fund Inc.</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 38.36%; background-color: #CCEEFF;" valign="top" width="38%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Global Select Opportunities Fund Inc.</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.2%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 27.56%; background-color: #CCEEFF;" valign="top" width="27%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Global Select Opportunities Fund</font> </p> </td> </tr> </table> <br/><p style="margin: 0in 0in .0001pt;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">The Artio Emerging Markets Local Debt Fund was liquidated on April 19, 2013. Any and all references to the Artio Emerging Markets Local Debt Fund are removed.</font></strong> </p> <br/><p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Asset Management Inc. replaced Artio Global Management LLC as the Investment Adviser for the Funds. All references to Artio Global as the Adviser are replaced with references to Aberdeen Asset Management Inc.</font> </p> <br/><p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Aberdeen Fund Distributors LLC replaced Quasar Distributors LLC as the principal underwriter for the Fund. All references to Quasar Distributors LLC is replaced with references to Aberdeen Fund Distributors LLC.</font> </p> <br/><p style="margin: 0in 0in .0001pt;"> <strong><font style="font-size: small; font-weight: bold; font-family: Times New Roman;">Fund Summaries Changes</font></strong> <font style="font-size: small;">(pages 2-62)</font> </p> <br/><p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Certain headings in the "Fund Summaries" section have been renamed as indicated below:</font> </p> <br/><table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; margin-left: 0.25in; width: 96%;"> <tr> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 47.2%;" valign="bottom" width="47%"> <p style="margin: 0in 0in .0001pt;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">Former Heading</font></strong> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.22%;" valign="bottom" width="2%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;"/></strong> </p> </td> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 50.58%;" valign="bottom" width="50%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">New Heading</font></strong> </p> </td> </tr> <tr> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 47.2%; background-color: #CCEEFF;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.22%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 50.58%; background-color: #CCEEFF;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Shareholder Fees (Fees Paid Directly From Your Investment)</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 47.2%;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Expense Example</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.22%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 50.58%;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Example</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 47.2%; background-color: #CCEEFF;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Principal Investment Strategies</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.22%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 50.58%; background-color: #CCEEFF;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Principal Strategies</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 47.2%;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Principal Investment Risks</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.22%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 50.58%;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Principal Risks</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 47.2%; background-color: #CCEEFF;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Fund Management</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.22%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 50.58%; background-color: #CCEEFF;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Investment Adviser</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 47.2%;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Purchase and Redemption of Fund Shares</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 2.22%;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 50.58%;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Purchase and Sale of Fund Shares</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 47.2%; background-color: #CCEEFF;" valign="top" width="47%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Payments to Brokers and Other Financial Intermediaries</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 2.22%; background-color: #CCEEFF;" valign="bottom" width="2%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 50.58%; background-color: #CCEEFF;" valign="top" width="50%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Payments to Brokers-Dealers and Other Financial Intermediaries</font> </p> </td> </tr> </table> <br/><p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Updated performance information for each Fund will be available at each Fund's website, as indicated below:</font> </p> <br/><table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; margin-left: 0.25in; width: 96%;"> <tr> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 40.08%;" valign="bottom" width="40%"> <p style="margin: 0in 0in .0001pt;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">Fund</font></strong> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 3.1%;" valign="bottom" width="3%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;"/></strong> </p> </td> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 0in 0in 0in; width: 56.82%;" valign="bottom" width="56%"> <p align="center" style="margin: 0in 0in .0001pt; text-align: center;"> <strong><font style="font-size: xx-small; font-weight: bold; font-family: Times New Roman;">Website</font></strong> </p> </td> </tr> <tr> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 40.08%; background-color: #CCEEFF;" valign="top" width="40%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">International Equity Fund</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 3.1%; background-color: #CCEEFF;" valign="bottom" width="3%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; border: none; padding: 0in 0in 0in 0in; width: 56.82%; background-color: #CCEEFF;" valign="top" width="56%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">www.aberdeen-asset.us/SelectInternational</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 40.08%;" valign="top" width="40%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">International Equity Fund II</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 3.1%;" valign="bottom" width="3%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 56.82%;" valign="top" width="56%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">www.aberdeen-asset.us/SelectInternationalII</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 40.08%; background-color: #CCEEFF;" valign="top" width="40%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Total Return Bond Fund</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 3.1%; background-color: #CCEEFF;" valign="bottom" width="3%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 56.82%; background-color: #CCEEFF;" valign="top" width="56%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">www.aberdeen-asset.us/TotalReturn</font> </p> </td> </tr> <tr> <td style="padding: 0in 0in 0in 0in; width: 40.08%;" valign="top" width="40%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Global High Income Fund</font> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 3.1%;" valign="bottom" width="3%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="padding: 0in 0in 0in 0in; width: 56.82%;" valign="top" width="56%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">www.aberdeen-asset.us/GlobalHighIncome</font> </p> </td> </tr> <tr> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 40.08%; background-color: #CCEEFF;" valign="top" width="40%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">Global Select Opportunities Fund Inc.</font> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 3.1%; background-color: #CCEEFF;" valign="bottom" width="3%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;"/> </p> </td> <td style="background: #cceeff; padding: 0in 0in 0in 0in; width: 56.82%; background-color: #CCEEFF;" valign="top" width="56%"> <p style="margin: 0in 0in .0001pt;"> <font style="font-size: small; font-family: Times New Roman;">www.aberdeen-asset.us/GlobalSelectOpportunities</font> </p> </td> </tr> </table> <br/><p style="margin: 0in 0in .0001pt;"> <em><font style="font-size: small; font-style: italic; font-family: Times New Roman;">The Principal Investment Strategies and Principal Investment Risks section beginning on page 53 for the Global Select Opportunities Fund is replaced with the following:</font></em> </p> Principal Risks <p style="margin:0in 0in .0001pt 27.0pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">Global economies and securities markets can and have experienced volatility which has increased the risks associated with an investment in the Fund. Investments in the Fund carry risk and there is no guarantee that the Fund&#8217;s investment objective will be achieved. You could lose money by investing in the Fund. The principal risks of investing that could adversely impact the Fund are:</font> </p> <br/><p style="margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"> <font size="2" style="font-size:10.0pt; font-family: Symbol;">&#183;</font> <font size="1" style="font-size:8.5pt;"></font> <b><font size="2" style="font-size:10.0pt;font-weight:bold;">Stock Market Risk:</font></b> <font size="2" style="font-size:10.0pt;">The Fund may invest in equity securities that lose value because of declines in the stock market and may be adversely affected by market conditions and factors related to a particular company or industry. Companies in developing industries tend to be more vulnerable to adverse developments.</font> </p> <br/><p style="margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"> <font size="2" style="font-size:10.0pt; font-family: Symbol;">&#183;</font> <font size="1" style="font-size:8.5pt;"></font> <b><font size="2" style="font-size:10.0pt;font-weight:bold;">Foreign Investment Risk:</font></b> <font size="2" style="font-size:10.0pt;">The Fund may invest in foreign securities which lose value because of fluctuations in currency exchange rates and market liquidity, price volatility, uncertain political and legal conditions, lack of reliable financial information and other factors. Foreign securities of certain countries are subject to political instability, which may result in potential revolts and the confiscation of assets by governments. As a result, the Fund&#8217;s returns and net asset value may be affected to a large degree by fluctuations in currency exchange rates or political or economic conditions in a particular country or region. In the event of nationalization, default, debt restructuring, capital controls, expropriation or other confiscation, the Fund could lose its entire investment in foreign securities. Adverse conditions in a certain region can adversely affect securities of other countries whose economies appear to be unrelated. To the extent that the Fund invests a significant portion of its assets in a specific geographic region, the Fund may generally have more exposure to regional economic risks associated with foreign investments.</font> </p> <br/><p style="margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"> <font size="2" style="font-size:10.0pt; font-family: Symbol;">&#183;</font> <font size="1" style="font-size:8.5pt;"></font> <b><font size="2" style="font-size:10.0pt;font-weight:bold;">Emerging Market Risk:</font></b> <font size="2" style="font-size:10.0pt;">The Fund may invest without limit in emerging market securities. The Fund&#8217;s investments in emerging market countries may involve risks greater than, or in addition to, the risks of investing in more developed countries. Emerging markets are generally smaller, less developed, less liquid, and more volatile than developed markets, and are subject to greater social, political and economic uncertainties, higher levels of inflation and currency devaluation and settlement and operational risks, including risks related to foreign securities custody. Investments in emerging market countries are subject to the risk of expropriation or nationalization of private industry. Expropriation of an issuer&#8217;s assets whose securities are held in the Fund would result in a partial or total loss of the investment. Please go to http://www.aberdeen-asset.us/doc.nsf/Lit/FactsheetUSOpenAberdeenGlobalSelectOpportunitiesFundInc for the current percentage of the Fund invested in emerging market securities.</font> </p> <br/><p style="margin: 0in 0in .0001pt 45.0pt; text-indent: -.25in;"> <font style="font-size: small; font-family: Symbol;">&#183;</font> <strong><font style="font-size: small; font-weight: bold;">Small and Medium-Sized Company Risks:</font></strong> <font style="font-size: small;">Stocks of small and medium-sized companies tend to be more volatile and less liquid than stocks of large companies. Compared to large companies, small and medium-sized companies typically may have analyst coverage by fewer brokerage firms &#8212; meaning they may trade at prices that reflect incomplete or inaccurate information. Small companies may have a shorter history of operations, less access to financing, and a less diversified product line &#8212; making them more susceptible to pressures and more likely to have a volatile stock price. During some periods, stocks of small and medium-sized companies, as an asset class, have underperformed the stocks of larger companies.</font> </p> <br/><p style="margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"> <font size="2" style="font-size:10.0pt; font-family: Symbol;">&#183;</font> <font size="1" style="font-size:8.5pt;"></font> <b><font size="2" style="font-size:10.0pt;font-weight:bold;">Active Trading Risk:</font></b> <font size="2" style="font-size:10.0pt;">The Fund may engage in active and frequent trading of portfolio securities to achieve its investment objective. If a Fund does trade this way, it may incur increased costs, which can lower the actual return of the Fund. Active trading may also increase short term gains and losses, which may affect taxes that must be paid.</font> </p> <br/><p style="margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"> <font size="2" style="font-size:10.0pt; font-family: Symbol;">&#183;</font> <font size="1" style="font-size:8.5pt;"></font> <b><font size="2" style="font-size:10.0pt;font-weight:bold;">Custody/Sub-Custody Risk:</font></b> <font size="2" style="font-size:10.0pt;">The Fund may invest in markets where custodial and/or settlement systems are not fully developed. There may be very limited regulatory oversight of certain foreign banks or securities depositories that hold foreign securities and foreign currency. The laws of certain countries may limit the ability to recover such assets if a foreign bank or depository or their agents goes bankrupt and the assets of the Fund may be exposed to risk in circumstances where the custodian/sub-custodian or Adviser will have no liability. In addition, the inability of the Fund to make its intended securities purchases due to settlement issues with the custodian/sub-custodian could cause the Fund to miss attractive investment opportunities.</font> </p> <br/><p style="margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"> <font size="2" style="font-size:10.0pt; font-family: Symbol;">&#183;</font> <font size="1" style="font-size:8.5pt;"></font> <b><font size="2" style="font-size:10.0pt;font-weight:bold;">Redemption Risk:</font></b> <font size="2" style="font-size:10.0pt;">The Fund may need to sell its portfolio holdings in order to meet shareholder redemption requests. In selling its holdings to meet redemption requests, the Fund could experience a loss if the redemption requests are unusually large or frequent, occur in times of overall market turmoil, or declining prices for the securities sold, or when the securities the Fund wishes to or is required to sell are illiquid.</font> </p> <br/><p style="margin:0in 0in .0001pt 27.0pt;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">An investment in the Fund is not a bank deposit or obligation of any bank and is not endorsed or guaranteed by any bank and is not insured or guaranteed by the U.S. government, the Federal Deposit Insurance Corporation, the Federal Reserve Board or any other governmental agency.</font> </p> <br/><p style="margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"> <font size="2" style="font-size:10.0pt; font-family: Times New Roman;">You could lose money investing in the Fund.</font> </p> <br/><p style="margin: 0in 0in .0001pt 27.0pt;"> <font style="font-size: small; font-family: Times New Roman;">Further information about the Fund&#8217;s strategies and risks is provided in the section, <em>Fund Strategies and Risks.</em></font> </p> You could lose money by investing in the Fund. An investment in the Fund is not a bank deposit or obligation of any bank and is not endorsed or guaranteed by any bank and is not insured or guaranteed by the U.S. government, the Federal Deposit Insurance Corporation, the Federal Reserve Board or any other governmental agency. <p style="margin: 0in 0in .0001pt;"> <em><font style="font-size: small; font-style: italic; font-family: Times New Roman;">The following paragraph is added to the beginning of the Performance section on page 8 for the International Equity Fund, page 18 for the International Equity Fund II, and page 59 for the Global Select Opportunities Fund:</font></em> </p> <br/><p style="margin: 0in 0in .0001pt 27.0pt;"> <font style="font-size: small; font-family: Times New Roman;">Effective May 22, 2013, Aberdeen Asset Management Inc. and Aberdeen Asset Managers Limited were appointed as investment adviser and subadviser, respectively, to the Fund. 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