2. The Fund’s investments are concentrated in China. The value of the Fund may be more volatile than that of a fund having more diverse portfolio of investments. The Fund's investments in emerging markets, e.g. PRC, may involve a greater risk than developed markets such as liquidity risks, currency risks/control, political and economic uncertainties, legal and taxation risks, settlement risks, custody risk and the likelihood of a high degree of volatility.

3. The Fund may use financial derivative instruments for investment management and hedging purposes. The Sub-Fund’s net derivative exposure may be up to 50% of the Sub-Fund’s net asset value. It may involve additional risks, e.g. counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. Under extreme market conditions and circumstances, investment in the Fund may potentially result in total loss of investment.

4. Specifically for the share classes with “-mdist” in their name, the Fund may at the discretion of the Management Company make distributions out of capital or out of gross income while charging/ paying all or part of the Fund's fees and expenses to/out of capital of the Fund, resulting in an increase in the payment of dividends by the Fund. Payment of dividends out of capital or on a gross-of-fee basis may result in an immediate reduction of the net asset value per share.

5. Any distributions from the income and/or involving the capital result in an immediate reduction of the net asset value per unit of the Fund. Payment of dividends out of Capital amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment.

6. Investors should not invest in the Fund solely based on this document and should read the relevant offering document.