The China Fund aims to achieve long term capital growth. It will invest at least 90% in the shares of, or depositary receipts representing the shares of, Chinese companies. Chinese companies include those that have their headquarters or conduct a significant part of their operations in China but may be listed on any market. The China Fund will be actively managed and may invest in Chinese companies of any size and in any sector. The Fund’s share price can be volatile due to movements in the prices of the underlying holdings and the basis on which the Fund is priced. The value of investments and any income from them may go down as well as up and you may not get back the amount originally invested.