Investment in Investment Funds involves significant risks. It is impossible to describe every risk associated with such an investment that is relevant to you. Before making your investment decision, you should carefully read the offering documents of the relevant Investment Fund including, in particular, the sections about risks and ensure you fully understand the nature and all the risks associated with an investment in the relevant Investment Fund and are willing to assume such risks.

Investment in Investment Funds is different to placing moneys on deposit with us or anywhere else. The Investment Funds are not our or any of our affiliates' deposit or other obligations, nor are they guaranteed by us or any of our affiliates.

Certain Investment Funds may invest in higher yielding securities rated lower than investment grade (i.e. debt securities rated below BBB- by Standard & Poor's or below Baa3 by Moody's). Below investment grade securities may be considered speculative and can include securities that are unrated or in default. As a result, investment in those Investment Funds is subject to a higher degree of credit risk than investment in higher rated, lower yielding securities.

Prior to investing in any Investment Fund, you should carefully consider (a) the possible tax consequences, (b) the legal requirements and (c) any foreign exchange control requirements which you might encounter under the laws of the countries of your incorporation, citizenship, residence or domicile which might be relevant to the purchase, sale, subscription, holding, conversion or disposal of the shares or units in Investment Funds.

Returns are denominated in the currency of the relevant Investment Fund. If your home currency is different from the Investment Fund currency or the Investment Fund's reference currency, changes in currency exchange rates may erode your investment gains or widen your investment losses.

Foreign currencies / RMB investments are subject to exchange rate fluctuations which may provide both opportunities and risks. The fluctuation in the exchange rate of foreign currencies / RMB may result in losses in the event that the customer converts the foreign currencies / RMB into HKD or other foreign currencies. RMB Conversion Limitation Risk (Only applicable to Individual Customers) - RMB is currently not fully freely convertible. Individual customers can be offered CNH rate to conduct conversion of RMB through bank accounts and may occasionally not be able to do so fully or immediately, for which it is subject to the RMB position of the banks and their commercial decisions at that moment. Customers should consider and understand the possible impact on their liquidity of RMB funds in advance. RMB Conversion Limitation Risk (Only applicable to Corporate Customers) - RMB is currently not fully freely convertible. Corporate customers that intend to conduct conversion of RMB through banks may occasionally not be able to do so fully or immediately, for which it is subject to the RMB position of the banks and their commercial decisions at that moment. Customers should consider and understand the possible impact on their liquidity of RMB funds in advance. Investors should note the risks of concentration of investment in a single country or market.

Disclaimers

Mutual funds and unit trusts ("Investment Funds") described in this "Fund Information" section are not available to all persons in all geographic locations. Only persons who are permitted by applicable law may browse the information and / or accept the services and products described in this section. Persons accessing these pages are required to ensure that they are aware of and observe all relevant restrictions that apply to them and are responsible for satisfying themselves that they may do so under the laws or the jurisdiction from which access is obtained to this section. The information contained in this section is intended solely for the use of residents of the Hong Kong Special Administrative Region.

The information contained in this section is for general information only on an "as is" basis without our warranty of any kind and may be changed at any time without prior notice.

No information contained in this section should be regarded as an offer to sell, to subscribe to, or advice or recommendation to anyone on any Investment Fund or any other product or service in any jurisdiction. Viewers should consult independent professional adviser before making any investment, financial decision or purchasing any Investment Fund.

All the information and contents in this section relating to Investment Funds are provided by Morningstar ("Data Provider"). For technical and / or operational reasons, certain information and materials may be different from that supplied by the original source of information. Neither the Company nor any of its affiliates devises, selects, adds to, modifies, edits or otherwise exercises any control over any information provided by the data provider relating to Investment Funds in this section, or is involved in its collection, processing and / or posting onto this section, and neither of them guarantees or endorses its accuracy or completeness of, or that it is up-to date. To the extent permitted by applicable law, the Company disclaims liability for any errors, omissions or inaccuracies in the information and materials provided in this section and for any loss or damages, incidental or consequential, resulting from its use or the inability to use such information and materials by any party, or in connection with any error, interruption, delay in operation or incomplete transmission, line or system failure.

All information and materials in this section are protected by copyright. No part of this section may be modified, reproduced, transmitted and distributed in any format for commercial or public use without the Company's prior written consent.

Use of hyperlinks to other internet sites or resources is at the browser's own risks. The Company expressly disclaims any responsibility for the accuracy or availability of the information provided by those sites or for the safety of information which the browser may provide to any third party. Please also see the Company's Hyperlink Policy for full details.

Viewers of this section should be aware that any information regarding prices of Investment Funds presented in this section is on a delayed basis. All prices are indicative and dependent upon market conditions and the terms are liable to change and completion in the final documentation. Unit or share price of an Investment Fund presented in this section does not represent the actual subscription price or the redemption price. All prices are subject to final confirmation by the Company.

Each Investment Fund available in this section is subject to the applicable terms and conditions set out in its offering document(s) which may include, without limitation, term sheet, fund prospectus, fact sheets, marketing materials and all other relevant documents and materials. Viewers of this section should carefully read all of the relevant Investment Fund's offering documents before deciding whether to invest in it. Any offer or application to subscribe for any Investment Fund via the Company shall be subject to acceptance by the Company in its sole discretion and to the Company's Conditions for Services and any other terms and conditions of the Company governing its investment fund services (as each of them may be amended by the Company from time to time).