Objectives
The objective of this fund is to achieve above-market performance. The share class is accumulating.
Investment policy
The fund invests mainly in emerging and frontier market equities.
Specifically, the fund invests in transferable securities that are traded on a regulated market. At least two-thirds of net assets are invested in equities and equity-related securities issued by companies that are domiciled, or do most of their business, in emerging and frontier markets (defined as countries that are not recognised as developed countries by MSCI including Russia). Issuers are mainly small and medium sized companies.
In actively managing the funds portfolio, the management team selects securities that appear to offer superior investment characteristics.
The fund may use derivatives for hedging and efficient portfolio management, as well as investment purposes.
The fund may invest in Chinese A-shares through the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect Programmes which are subject to quota limitations and operational constraints such as local custody requirements which may result in increased legal and counterparty risk.
Recommendation: This fund may not be appropriate for investors who plan to withdraw their money within 7 years.
