Investment policy amendment to the underlying fund of P40 Value Partners High-Dividend Stocks

11 June 2019

Friends Provident International Limited (“Friends Provident International”) has been notified by Value Partners Hong Kong Limited (“The Company”) of an amendment to the investment policy of the underlying fund into which P40 Value Partners High-Dividend Stocks invests. This amendment will become effective from 10 June 2019 (the “Effective Date”).

Below is the key area of information which we have extracted from the shareholder circular of the underlying fund of P40 Value Partners High-Dividend Stocks.

Amendment to the investment policy of the underlying fund of P40 Value Partners High-Dividend Stocks

It is currently disclosed in the underlying fund’s investment policy that the underlying fund will not, in aggregate, invest more than 20% of its non-cash assets in the Mainland China market. To clarify the underlying fund’s exposure to securities in the Mainland China market, the investment policy of the underlying fund will be amended to reflect that the underlying fund will not in aggregate invest more than 20% of its latest available net asset value in the Mainland China market.

Should you have any questions regarding these changes, please contact International Funds & Investments.