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BEA Asia Strategic Growth Fund
(a Sub-fund of the BEA Capital Growth Fund)
IMPORTANT
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The BEA Asia Strategic Growth Fund (the "Fund") seeks long-term capital appreciation (in US dollar terms) by investing in a diversified portfolio consisting primarily of listed securities of companies whose principal business activities are conducted in the Asia Pacific region (excluding Japan and Hong Kong). |
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The Fund invests in a single region which may subject to higher concentration risk than funds which invest in a number of different markets. |
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The Fund invests in emerging markets which are subject to higher risk than those established markets. Emerging markets may involve additional market, currency, legal and regulatory and liquidity risks. The high volatility in such markets could result in you suffering substantial losses. |
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The investment decision is yours, but you should not invest in the Fund unless the intermediary who sells it to you has explained to you that the Fund is suitable for you and why, including how buying it would be consistent with your investment objective. |
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Investors should not make an investment decision based solely on this webpage. | |
FUND FEATURES HIGHLIGHT
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Seeks long-term capital appreciation by investing in a diversified portfolio consisting listed companies whose business activities are conducted in Asia Pacific region (exclude Japan and Hong Kong) |
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Look for growth at reasonable value |
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Currency hedging may be employed to hedge against exchange rate risk |
The summary provided herewith is only a brief introduction of BEA Asia Strategic Growth Fund (the "Fund"), an Investment Fund of the BEA Capital Growth Fund (the "Umbrella Fund"). You have to refer to and carefully read the Explanatory Memorandum of the Umbrella Fund for all relevant details and interpretation of terminology before you make investment decision to subscribe for Units of the Fund. Copies of the Explanatory Memorandum of the Umbrella Fund can be obtained at your nearest Bank of East Asia Branch. FUND DESCRIPTION
WHY INVEST IN THE FUND?
HOW TO SUBSCRIBE OR REDEEM UNITS OF THE FUND?
FUND FACTS
MONTHLY FUND FACTSHEET
FUND PRICE
FINANCIAL STATEMENTS
FUND DESCRIPTION
WHY INVEST IN THE FUND?
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Diversification Benefit
The Fund provides a cost effective route to invest in a diversified portfolio of well-managed listed companies with operations in the fast growing Asia Pacific region.
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Managed by a Team of Experienced Investment Managers
The Manager of the Fund and its associated Investment Advisor have a professional and experienced investment team dedicated to investments in Asia with each investment professional possessing more than 15 years of investment experience in the Asia Pacific region.
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No Bid/Ask Spread for Subscription and Redemption
The net asset value per share of the Fund as at the relevant Dealing Day will be used as the issue price and realisation price of the Fund, i.e. no bid /ask spread will be involved. Please refer to Fund Facts below for details of other fees and charges involved.
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Realisation Charge for Class-B Unitholders Waived
Realisation charge will be waived# for Class B Unitholders of the Fund redeeming their Units. Partial redemption can be made subject to maintaining a minimum holding of USD2,000.
Class C Unitholders of the Fund may redeem their Units without any realisation charge after the Units concerned have been held for a period of 4 years or more. Please refer to Fund Facts below for details of the realisation charge.
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Switching Investment Strategy
If you wish to change your investment strategy, it is possible to switch the Units of any class type of the Fund to Units of the same class type of another Investment Fund within the BEA Capital Growth Fund on the same Dealing Day. Currently, the aggregate of the realisation charge and preliminary charge payable on a switch from one Investment Fund to another Investment Fund will not exceed 3% of the issue price of the new Units.
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Daily Dealing
Units of the Fund may be subscribed or redeemed on every Business Day (Monday to Friday except public holidays) in Hong Kong.
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Daily Price Quotation
Please click here for the latest Fund price (i.e. net asset value per Unit). In addition, the Fund price will also be published daily in the South China Morning Post and the Hong Kong Economic Times. |
HOW TO SUBSCRIBE OR REDEEM UNITS OF THE FUND?
You can subscribe for or redeem units of the Fund at any BEA branch on any business day. As an added convenience, you can invest in the Fund via the Cyberfund Centre†, which can be accessed 24 hours a day through Cyberbanking.
† To enjoy this service, customers must hold a Cyberbanking account.
FUND FACTS
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Class B Unit |
Class C Unit |
| Fund Inception Date |
15th April, 2003 |
| Fund Base Currency |
US Dollar |
| Minimum Initial Investment Amount |
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| Minimum Additional Investment Amount |
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| Minimum Holding Amount |
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| Management Fee |
1.50% p.a. |
1.50% p.a. |
| Trustee Fee |
0.125% p.a. |
0.125% p.a. |
| Preliminary Charge |
Up to 5% of the issue price |
Nil |
| Realisation Charge |
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Up to 4% of the realisation price
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Holding period of less than 2 years: 4% |
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Holding period of 2 years or more but less than 4 years: 2% |
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Holding period of 4 years or more: Nil
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| Investment Manager |
BEA Union Investment Management Limited |
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(i) |
Inclusive of the preliminary charge |
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(ii) |
The Manager may at its discretion agree to accept applications for investment of smaller amounts. |
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Pursuant to the Trust Deed of the Fund, the Manager is entitled to levy a realisation charge on the realisation of Class B Units of up to 0.5% of the realisation price of such Units. The Manager currently agrees to waive such realisation charge.
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FINANCIAL STATEMENTS
2009 Interim Report
2009 Annual Report
NOTES AND WARNING STATEMENT TO INVESTORS
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Investments in the Fund are subject to investment risks, including the possible loss of the principal amount invested. For full details and risk factors of the Fund, please refer to the Explanatory Memorandum of the Fund. Investors should also read the Explanatory Memorandum of the Fund for detailed information prior to any subscription. |
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The information contained herein is only a brief introduction to the Fund. It does not constitute an offer, recommendation, or solicitation to buy or sell any securities or financial instruments. |
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Investors should be aware that the price of units may go down as well as up as the investments of the Fund are subject to market fluctuations and to the risks inherent in all investments. |
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Performance figures of the Fund are for illustrative purposes only and are not indicative of the actual return likely to be achieved. |
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The Fund has been authorised by the Securities and Futures Commission and approved by the Mandatory Provident Fund Schemes Authority in Hong Kong. However, such authorisation and approval do not imply official recommendation of the Fund. |
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This webpage has not been reviewed by the Securities and Futures Commission in Hong Kong. |
Issuer: BEA Union Investment Management Limited.
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For details, please visit your nearest BEA location. With over 130 branches and SupremeGold Centres, BEA operates one of the largest banking networks in Hong Kong.
Enquiry Hotline: 2211 1311 | |
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