| Risk of investing in smaller companies:Investment in smaller companies may involve greater risks and thus may be considered speculative. Many small company stocks trade less frequently and in smaller volumes and may be subject to more abrupt or erratic price movements than stocks of larger companies. The securities of small companies may also be more sensitive to market changes than securities in large companies. Risk of investing in Asia:Since the Fund invests in Asian companies, the value of the assets of the Fund may be affected by uncertainties such as changes in government policies, taxation, fluctuations in foreign exchange rates, the imposition of currency repatriation restrictions, social and religious instability, political, economic or other developments in the law or regulations of Asia. Besides, it may involve certain risks such as higher price volatility, less publicly-available information and liquidity risk. Insofar as the Fund invests in securities denominated in the currencies of different Asian countries other than the base currency of the Fund, changes in foreign currency exchange rates may affect the value of the Fund. Equities risk :The value of, and income derived from, equity securities held may fall as well as rise and the Fund may not recoup the original amount invested in such securities. The prices of and the income generated by equity securities may decline in response to certain events, including the activities and results of the issuer, general economic and market conditions, regional or global economic instability and currency and interest rate fluctuations. Investment risk:There can be no assurance that the Fund will achieve its investment objective. There is no guarantee of the repayment of principal. The instruments invested by the Fund may fall in value. |