To achieve sustainable and long term capital appreciation in US dollars by investing primarily (i.e. not less than 70% of its net assets) in the People’s Republic of China (the PRC) capital markets, mainly in securities of companies in the PRC securities markets, currently Shenzhen Stock Exchange and Shanghai Stock Exchange. For the purpose of the investment objective and policy, the PRC excludes Hong Kong and Macau Special Administrative Regions and Taiwan.
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