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| KEY FEATURES AND RISKS: -
W.I.S.E. - Nasdaq Overseas China New Economy Companies Top 50 Index Tracker (the “Fund”) is an index-tracking exchange traded fund which seeks to track the performance of the Nasdaq Overseas China New Economy Companies Top 50 IndexSM (the “Underlying Index”). -
The Underlying Index is a diversified index consisting of 50 constituent securities listed on the Nasdaq, The New York Stock Exchange (NYSE), NYSE American or the Chicago Board Options Exchange (CBOE), or be a component of the Nasdaq Global Index (NQGI) and listed on The Stock Exchange of Hong Kong Limited (“SEHK”), including but not limited to equity securities trading in the U.S. through American Depositary Receipts (“ADRs”). The Underlying Index is a modified market capitalization weighted index which is designed to capture the new drivers of the China Economy by measuring the performance of the 50 largest companies from China in certain sectors. The Underlying Index does not have A shares. -
Investment involves risks and the Fund may not be suitable for everyone. Past performance is not indicative of future performance. The Fund is subject to market and exchange rate fluctuations and to the risks inherent in all investments. Price of Units and the income (if any) generated from the Fund may go down as well as up. Investors could face no returns and/or suffer significant loss related to the investments. There is no guarantee in respect of repayment of principal. -
The key risks to which the Fund is subject to include: general investment risk, currency risk, concentration / PRC market risk/ emerging market risk, passive investment risk, tracking error risk, trading risk, ADRs risk, trading differences risks, equity market risk, termination risk, reliance on market maker risks and risk in relation to distribution. -
The Manager will normally make distributions out of net income received or receivable by the Fund. However, in the event that the net income is insufficient to pay the distributions that it declares, the Manager may also, in its absolute discretion, determine that distributions be paid out of the capital of the Fund, or the Manager may, in its discretion, pay distributions out of its gross income while charging/ paying all or part of its fees and expenses to/ out of the capital of the Fund, resulting in an increase in distributable income for the payment of distributions by the Fund and therefore, the Fund may effectively pay distributions out of capital. This may reduce the capital that the Fund has available for investment in future and may constrain capital growth. -
Investors should be aware that in circumstances where distributions are paid out of capital or effectively out of capital, this amounts to a return or withdrawal of part of the amount investors originally invested or from any capital gains attributable to that original investment. Any distributions involving payment of distributions out of capital or payment of distributions effectively out of capital (as the case may be) may result in an immediate decrease in the Net Asset Value per Unit. -
Please refer to the offering document of the Fund for further details including investment objectives and policies, charges and expenses, risk factors, and the arrangement in the event that the Fund is delisted, before making any investment decision. |
IMPORTANT NOTES: Investment involves risks. The Fund is subject to market fluctuations and exchange rate fluctuations and to the risks inherent in all investments. Past performance is not indicative of future performance. Price of Units and the income generated from them (if any) may go down as well as up. Investors should, before investing in the Fund, carefully read the Prospectus of the Fund for further details including product features and risk factors, and the arrangement in the event that the Fund is delisted. Investors should also note that the Fund is different from a typical retail investment fund offered to the public in Hong Kong, in particular: a. Units of the Fund may only be created and redeemed in Application Unit size* (as defined in the Prospectus) directly by Participating Dealer(s) or Eligible Investor(s) (as defined in the Prospectus) (save for, in the case of a Creation or Redemption Application by an Eligible Investor, subject to such terms and conditions as specified in the relevant application forms, and the other requirements set out in the section "Creation and Redemption of Units" of the Prospectus) from the Manager and may not be created or redeemed directly by other investors from the Manager. Such other investors may only make a request (and if such investor is a retail investor, through a stockbroker which has opened an account with a Participating Dealer) to create or redeem Units in Application Unit sizes through a Participating Dealer which reserves the right to refuse to accept a request from an investor to create or redeem Units under exceptional circumstances. Alternatively, investors may realize the value of their Units by selling their Units through an intermediary such as a stockbroker on the SEHK, and there is a risk that dealings on the SEHK may be suspended; b. There is risk related to divergence between the market price of the Units and the Net Asset Value of the Fund. The market price of the Units traded on the SEHK is determined not only by the Net Asset Value of the Fund but also by other factors such as the supply of and demand for the Units in the SEHK. * Minimum 780,000 Units (or multiples thereof). The Trading Board Lot Size is 100 Units. #Estimated Net Asset Value (“NAV”) Per Unit is provided by BOCI-Prudential Asset Management Limited in good faith. It is compiled based on information obtained from third party source which is believed to be reliable. Information is provided to the user “as is”. No express or implied warranties of any kind regarding the information provided, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use is given here. Such estimated NAV is indicative in nature and is available on a delayed basis. BOCI-Prudential Asset Management Limited shall not accept any responsibility for any interruption, inaccuracy, error or omission, regardless of cause, in the information or for any damages resulting therefrom. Index Provider Disclaimer
Nasdaq® and the Nasdaq Overseas China New Economy Companies Top 50 IndexSM are registered trademarks of NASDAQ, Inc. (which with its affiliates is referred to as the "Corporations") and are licensed for use by BOCI-Prudential Asset Management Limited. W.I.S.E. - Nasdaq Overseas China New Economy Companies Top 50 Index Tracker (the "Fund") has not been passed on by the Corporations as to their legality or suitability. The Fund is not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUND. This webpage is issued by BOCI-Prudential Asset Management Limited and has not been reviewed by the SFC.
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