The Company aims to generate strong capital appreciation with a reasonable level of income, while giving due consideration to capital security and the liquidity of the Company’s assets. This actively managed sub-fund invests mainly in shares and other equity interests of companies domiciled in the People’s Republic of China (“PRC”) as well as in other companies that have close economic links with the PRC. These investments contain securities listed within the PRC (onshore) or outside of the PRC (offshore). The sub-fund uses the benchmark MSCI China All Share (net div. reinvested) for performance measurement, risk management and portfolio construction purposes.