BEA Union Investment Japan Growth Fund

(a Sub-fund of the BEA Union Investment Series)

IMPORTANT 

The summary provided herewith is only a brief introduction of BEA Union Investment Japan Growth Fund (the "Fund"), a Sub-fund of the BEA Union Investment Series (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

Objective The BEA Union Investment Japan Growth Fund (the "Fund") is a feeder fund which invests its assets in a single underlying fund. The investment objective of the Fund is to achieve long term capital growth through investing in a Japan equity fund managed by reputable specialist fund manager.

WHY INVEST IN THE FUND?

	Diversification Benefit The Fund, through investments in its Underlying Fund, provides you with a cost-effective way to invest in a diversified portfolio of Japanese equities.
	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 involved, for example, the preliminary and realisation charges.
	Realisation Charge for Class-A Unitholders Waived The realisation charge will be waived# for Class A Unitholders of the Fund who redeem their Units. Partial redemption can be made, provided that you maintain a minimum holding of USD2,000. Class B Unitholders of the Fund may redeem their Units without any realisation charge after the relevant Units have been held for a period of four years or more. Please refer to the "Fund Facts" below for details on the realisation charge.
	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.
	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?

FUND FACTS

*	(i)	Inclusive of the preliminary charge
	(ii)	The Manager may at its discretion agree to accept applications for investment of smaller amounts.

#	Pursuant to the Trust Deed of the Fund, the Manager is entitled to levy a realisation charge on the realisation of Class A Units of up to 0.5% of the realisation price of such Units. The Manager currently agrees to waive such realisation charge.
+	The BEA Union Investment Japan Growth Fund will, indirectly, bear a proportionate share of the fees and expenses of the Underlying Fund in which it invests. The aggregate of the management fees payable to the Manager and to the manager of the Underlying Fund will not exceed 1.5% p.a. of the Net Asset Value of the Fund. Unless otherwise agreed with the Securities and Futures Commission in Hong Kong, the Manager will give not less than one month's notice to affected Unitholders of any change in such intention. The aggregate of the trustee fees payable to the Trustee and to the trustee of the Underlying Fund will not exceed 0.625% p.a. of the Net Asset Value of the Fund. Unless otherwise agreed with the Securities and Futures Commission in Hong Kong, the Trustee will give not less than one month's notice to affected Unitholders of any change in such intention. The trustee of the Underlying Fund is also entitled to receive a servicing fee of up to 0.2% p.a.. Please refer to the Explanatory Memorandum of the Fund for further details in respect of the fees and charges of the Underlying Fund.

FINANCIAL STATEMENTS

 2009 Annual Report

NOTES AND WARNING STATEMENT TO INVESTORS

	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.
	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.
	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.
	Performance figures of the Fund are for illustrative purposes only and are not indicative of the actual return likely to be achieved.
	The Fund has been authorised by the Securities and Futures Commission in Hong Kong. However, such authorisation does not imply official recommendation of the Fund.
	This webpage has not been reviewed by the Securities and Futures Commission in Hong Kong.

Issuer: BEA Union Investment Management Limited.