
Access PCP Emerging Markets Limited Emerging Markets Fund

To seek to achieve long-term capital growth through investment in both open-ended funds and closed-ended investment companies specialising in emerging markets and specialist sectors such as smaller companies, OTC stocks and warrants funds. Investment will be made in funds which are managed by groups perceived by AIM to have exhibited above-average expertise in particular markets.

An important feature is that the Fund combines investment in both closed-ended and open-ended investment vehicles, and is thereby able to take advantage of the benefits offered by both types of scheme; access to new markets is often only available by investment in closed-ended investment companies because factors such as low market capitalisation, restrictions on foreign ownership and settlement delays would render the management of an open-ended fund investing in such markets impractical. A long-term view should be taken of such investments. In order to provide liquidity and some protection for the Fund's assets against diminution by reason of the discount at which traded prices of closed-ended investment companies frequently stand to net asset value, the Fund will not invest more than 50 per cent in shares of such investment companies. The Fund may also invest up to 10 per cent in options and warrants, (including through investment in managed funds which invest primarily in warrants).

Fund Facts :
Launch Date	October 1990
Minimum Initial Investment	US$1,000
Dealing Day	Every Tuesday

Price Quotes :
Newspapers	Financial Times	South China Morning Post
Newspapers	HK Economic Times	Ą@
Electronic Media	Bloomberg ACSS	Reuters : ACCESS1
Internet	www.AccessFunds.com

IMPORTANT NOTICE

The Fund is an Authorised Fund in Hong Kong. The authorisation by the Securities & Futures Commission does not imply that it is recommended by the SFC.
Past performance is not necessarily an indicator of future performance. Furthermore, the price of shares and units and the income from them may go down as well as up and is not guaranteed.
You should refer to the offering document for further information.

Emerging Markets Fund