1) E Fund Unit Trust Fund - E Fund (HK) Global Opportunities Bond Fund (the “Sub-Fund”) is an unit trust established in Hong Kong investing globally in a portfolio consisting primarily of debt securities.
2) Investment involves risks. The Sub-Fund is subject to a) Investment risk, b) Risks associated with debt securities (including Risk of high yield (below investment grade and unrated) debt securities, Credit/counterparty risk, Interest rate risk, Sovereign debt risk, Credit rating risk and downgrading risk and Valuation risk), c) “Dim sum” bond, d) Emerging market risk, e) Risks relating to sale and repurchase agreements, f) Foreign exchange risk, g) Convertible bonds risk, h) Risks associated with investments in LAP, i) Risks relating to urban investment bonds, j) Risks relating to equity securities, k) Hedging / derivative risk, l) RMB currency risk and RMB denominated classes risk, m) Risks associated with distribution out of/effectively out of capital, n) Risks associated with collateralised and/or securitised products. The value of the Sub-Fund can be volatile and may go down substantially. Investors may suffer losses.
3) The Sub-Fund may invest in FDIs for hedging or investment purposes to the extent permitted by the Code and in adverse situations its use of FDIs may become ineffective and/or cause the Sub-Fund to suffer significant loss.
4) For all distribution classes other than Class I2 (Dis) USD and Class I2 (Dis) RMB Hedged, dividends will be distributed on a monthly basis, subject to the Manager’s discretion. For Class I2 (Dis) USD and Class I2 (Dis) RMB Hedged, dividends will be distributed annually, subject to the Manager’s discretion.
5) Distributions may be paid out of capital or effectively out of capital and will immediately reduce the Sub-Fund’s net asset value. The distribution amount and net asset value of the hedged unit class (if any) may be adversely affected by differences in the interest rates of the class currency of the hedged unit class and the Sub-Fund’s base currency, resulting in an increase in the amount of distribution that is paid out of capital and hence a greater erosion of capital than other non-hedged unit classes.
6) You should not invest in the Sub-Fund unless the intermediary who sells it to you has explained to you that the Sub-Fund is suitable for you having regard to your financial situation, investment experience and objectives.
7) Investors should not invest in the Sub-Fund based on this document alone. Before making any investment decision, the investor should read the Sub-Fund’s offering documents carefully including the risk factors.
