To provide unitholders with long-term capital appreciation by investing primarily in B and H shares listed on the Shanghai Securities Exchange, the Shenzhen Stock Exchange and the Hong Kong Stock Exchange. Apart from B and H shares, the Manager may also invest (to a lesser extent) in China-related companies listed on the stock exchange in Hong Kong or on recognized stock exchanges in other jurisdictions. Note : On inception, the fund's objective was to invest primarily in B shares. In July 2001, the mandate was extended to include H shares. The Fund's holding of H Shares ranged from 3.7% to 13.5% between July 2000 and July 2001. The fund's actual inception date is July 14, 2000.