Risk Considerations

1. The Fund is actively managed and invests mainly in a diversified portfolio of transferable U.S. dollar denominated fixed income securities of issuers domiciled, or exercising the predominant part of their economic activity, in Asian countries including emerging markets, excluding Japan.
2. Investment in the Fund involves risks, including general investment risk, exclusion criteria risk, geographic concentration risk, emerging markets risk and currency risk which may result in loss of a part or the entire amount of your investment.  
3. The investment in debt securities is also subject to credit/counterparty risk, interest rate risk, volatility/liquidity risk in emerging markets, downgrading risk, credit rating risk,  risk associated with high yield debt securities which are generally rated below investment grade or unrated, sovereign debt risk, risk associated with investments in debt instruments with loss-absorption features and valuation risk. 
4. The Fund may use derivatives for hedging, efficient portfolio management and investment purposes or to create synthetic short positions in currencies, debt securities and credit indices and equities, and is subject to derivatives risk. Exposure to derivatives may also lead to a risk of significant loss to the Fund.
5. Dividend of certain share class(es) may be paid directly out of capital and/or effectively out of the capital which amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment. Any such distribution may result in an immediate reduction of net asset value per share (Note 1). 
   
6. The value of the Fund can be volatile and could go down substantially.
7. Investors should not invest in the Fund solely based on this website.