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(a Sub-fund of the BEA Capital Growth Fund)
IMPORTANT
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The BEA Greater China Growth Fund (the "Fund") is a direct investment fund which invests its assets directly in the securities markets. The Fund seeks long-term capital growth through investing in a portfolio consisting of listed securities of companies that derive or are expected to derive a significant portion of their revenues from goods produced or sold, investments made or services performed in Greater China, which includes the People's Republic of China (PRC), the Special Administrative Regions of Hong Kong and Macau and Taiwan. |
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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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Aim to capitalize long-term capital growth through investing listed equity securities that derive or are expected to derive a significant portion of their revenues from Greater China |
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Capture the opporunities of fast growing economies in Greater China region |
The summary provided herewith is only a brief introduction of BEA Greater China Growth Fund (the "Fund"), a Sub-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, interpretation of terminology, as well as emerging market risks 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
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Objective
The Fund is to provide investors with long-term capital growth through investing in a portfolio consisting of listed equity securities of companies that derive or are expected to derive a significant portion of their revenues from goods produced or sold, investments made, or services performed in Greater China, which includes the People's Republic of China ("PRC"), the Special Administrative Regions of Hong Kong and Macau, and Taiwan. |
WHY INVEST IN THE FUND?
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Diversification Benefit
The Fund provides you with a cost effective means to invest in a diversified portfolio of well-managed listed companies with operations in the fast-growing Greater China region.
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No Bid/Ask Spread for Subscription and Redemption
The net asset value per Unit of the Fund on 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 the "Fund Facts" below for details on other fees and charges.
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Realisation Charge for Class-B Unitholders Waived
The realisation charge will be waived# for Class B Unitholders of the Fund who redeem their Units. Partial redemption can be made, provided that you maintain a minimum holding of HKD10,000.
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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 in the Fund to Units of the same class in 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 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 to 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 |
4th September, 2006 |
| Fund Base Currency |
HK Dollar |
| Minimum Initial Investment Amount |
HKD10,000* |
| Minimum Additional Investment Amount |
HKD5,000* |
| Minimum Holding Amount |
HKD10,000* |
| Management Fee |
1.50% p.a. |
| Trustee Fee |
0.15% p.a. |
| Preliminary Charge |
Up to 5% of the issue price |
Nil |
| Realisation Charge |
Waived# |
Up to 4% of the realisation price
- Holding period of less than 2 years : 4%
- Holding period of 2 years or more but less than 4 years : 2%
- Holding period of 4 years or more : Nil |
| Investment Manager |
BEA Union Investment Management Limited |
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(i) Inclusive of the preliminary charge (for Class B Units only)
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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
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