BOCI-Prudential Asset Management Company Background

BOCI-Prudential Asset Management Company Background
Important Notes
• Investment involves risk and the funds may not be suitable for everyone. Price of Units and the income generated from them (if any) may go
down as well as up. Investors could face no returns and/or suffer significant loss related to the investments.
• Investment in emerging markets involves special risks and considerations.
• Each Sub-Fund under World Index Shares ETFs (the “Sub-Funds”) is an exchange traded fund which seeks to track the performance of its
underlying index. The Sub-Funds are different from typical retail investment funds, in particular:
(a) units may only be created and redeemed in Application Unit size (as defined in the relevant Prospectus) directly by Participating Dealer(s)
or Eligible Investor(s) (as defined in the relevant Prospectus) where applicable; and
(b) the Units in the Sub-Funds may trade at a premium or at a discount to the Net Asset Value of the Units.
• In relation to W.I.S.E. – CSI 300 China Tracker®* (*This is a synthetic ETF), investors should note that:
(i) although the Sub-Fund may invest directly in A Shares via the Manager’s QFII (Qualified Foreign Institutional Investor) investment quota
allocated to the Sub-Fund from time to time, or via the Shanghai-Hong Kong Stock Connect※, it, at present, primarily invests in A Shares
indirectly via investing in A Share access products (“AXPs”). Each AXP is a derivative instrument linked to an A Share or a basket of A
Shares. The AXPs do not provide the Sub-Fund with any legal or equitable interest of any type in the underlying A Shares. There are
counterparty risks in relation to a AXP issuer and the collateral provider;
(ii) given that the issuance of the AXP(s) through the AXP issuer(s) and the Sub-Fund’s investments in A Shares through the Manager depend
on the ability of the QFIIs (including the Manager) to buy and sell A Shares, any restrictions or changes in laws and regulations imposed by
the PRC government on QFII’s operations may adversely affect the direct investment in A Shares by the Manager using its QFII investment
quota and/or issuance of AXP(s) by the AXP issuer(s) and/or cause Units in the Sub-Fund to trade at a discount on the SEHK;
(iii) the Sub-Fund’s direct investment in A Shares through the Manager’s QFII investment quota and the Shanghai-Hong Kong Stock Connect
entails certain associated risks (please refer to the Prospectus for further details); and
(iv) investment in the Sub-Fund may be subject to risks associated with changes in the PRC tax laws and such changes may have retrospective
effect and may adversely affect the Sub-Fund. Please refer to the Prospectus for further details.
• In relation to W.I.S.E. – SSE 50 China Tracker®, investors should note that:
(i) the Sub-Fund, at present, invests directly in A Shares via the Shanghai-Hong Kong Stock Connect;
(ii) in addition to the risks associated with the China market and risks relating to RMB, it is also subject to the additional risks associated with
the Shanghai-Hong Kong Stock Connect. Please refer to the Prospectus for further details; and
(iii) investment in the Sub-Fund may be subject to risks associated with changes in the PRC tax laws and such changes may have retrospective
effect and may adversely affect the Sub-Fund. Please refer to the Prospectus for further details.
• In relation to W.I.S.E. – CSI HK Listed Mainland Consumption Tracker and W.I.S.E. – CSI HK Listed Mainland Real Estate Tracker, investors
should note the relevant sector concentration risk.
• The QFII products are subject to risks relating to QFII which include: risks associated with QFIIs rules and restrictions, risks regarding remittance
and repatriation of funds and QFII investment quota risk and limitation on creation and redemption of units etc. (please refer to the offering
document of the relevant fund for further details).
Company Background
■ BOCI-Prudential Asset Management Limited (“BOCI-Prudential Asset Management”) was jointly established by
BOCI Asset Management Limited (which is a subsidiary company wholly owned by BOC International Holdings
Limited) and Prudential Corporation Holdings Limited (which is a subsidiary company wholly owned by Prudential
Holdings Limited) in 1999.
■ The Company offers a comprehensive spectrum of investment products and services, which include Hong Kong
mandatory provident fund scheme (“MPF”), pension funds, retail unit trusts, exchange traded funds, institutional
mandates and other investment funds. In addition, the Company also manages discretionary investment portfolio
and charity fund for both private individuals and institutional clients.
Bank of China Limited
Prudential plc
100%
100%
Prudential Corporation Asia Limited
BOC International Holdings Limited
100%
Prudential Holdings Limited
100%
100%
BOCI Asset Management Limited
Prudential Corporation Holdings Limited
64%
36%
BOCI-Prudential Asset Management Limited
The Shanghai-Hong Kong Stock Connect is a securities trading and clearing links program
with an aim to achieve mutual stock market access between mainland China and Hong
Kong. Through the Northbound Trading Link of the Shanghai-Hong Kong Stock Connect,
investors, through their Hong Kong brokers and a securities trading service company to
be established by the SEHK, will be able to place orders to trade eligible shares listed
on Shanghai Stock Exchange (“SSE”) by routing orders to SSE. The Sub-Fund will be
allowed to trade SSE securities through Shanghai-Hong Kong Stock Connect (through the
Northbound Trading Link). More details are set out in Appendix I to the Prospectus.
中銀保誠資產管理
BOCI-Prudential Asset Management
Ref: B_Mar2016E
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BOCI-Prudential Asset Management Company Background
Business Scope
MPF, Provident and
Pension Fund
• In terms of assets under management on MPF, the Company is one of the top four
MPF investment managers+ in Hong Kong
• The managed Mandatory Provident Fund Scheme is one of the Master Trust Schemes
engaged by the Government for the provision of MPF services to its eligible employees
• Manage provident funds or pension funds for various companies in Hong Kong
Unit Trust
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• Manage the BOCHK Investment Funds, NCB Investment Funds and BOCIP Asset
Management Investment Funds
• Offer investment funds for “BOCHK Bauhinia” QDII Scheme and NCB QDII Investment
Series
W.I.S.E. – CSI 300 China Tracker ®* (*This is a synthetic ETF) (02827.HK)
W.I.S.E. – CSI HK 100 Tracker™ (02825.HK) #
ETF
W.I.S.E. – SSE 50 China Tracker ® (03024.HK)
W.I.S.E. – CSI HK Listed Mainland Consumption Tracker (02817.HK)
W.I.S.E. – CSI HK Listed Mainland Real Estate Tracker (02839.HK)
Institutional
Investment Client
Providing investment services for insurance, charitable organizations and other
institutional investors
Wealth Management
Providing discretionary asset management schemes for institutional and private clients
Source: Gadbury Group Limited. Gadbury Group MPF Market Shares Report (as of 31 December 2015).
7 investment funds under “Unit Trust”, and the W.I.S.E. – CSI HK 100 Tracker™ (02825.HK) under “ETF” are “Eligible Collective Investment
Schemes” for the “Capital Investment Entrant Scheme” (“CIES”). The Hong Kong Special Administrative Region (“HKSAR”) Government has
announced that the CIES has been suspended with effect from 15 January 2015 until further notice. The Immigration Department of HKSAR
(“Immigration Department”) will continue to process applications received on or before 14 January 2015, whether already approved (including
approval-in-principle and formal approval) or still being processed. For further details and the related Frequently Asked Questions, please visit the
website of the Immigration Department at http://www.immd.gov.hk/eng/services/visas/capital_investment_entrant_scheme.html.
Investment involves risks. Funds are subject to market fluctuations and exchange rate fluctuations and to the risks inherent in all investments.
Investors should carefully consider their own investment objectives, risk tolerance level and other circumstances and seek independent financial
and professional advice as appropriate before making any investments.
Please refer to the relevant offering document for further details (including risk factors, fees and fund information).
Investors should note that Bank of China (Hong Kong) Limited and Nanyang Commercial Bank, Limited are not the Manager of the BOCHK
Investment Funds and NCB Investment Funds whilst BOCI-Prudential Asset Management Limited is the Manager of these Funds. Bank of China
(Hong Kong) Limited is the Sponsor of BOCHK Investment Funds and the Distributor of certain sub-funds of BOCHK Investment Funds, and
Nanyang Commercial Bank, Limited is the Sponsor and Distributor of the NCB Investment Funds.
This document is for informational purposes only and the information contained herein does not constitute any distribution, offer or solicitation to
buy or sell.
This document and the Manager’s website have not been reviewed by the SFC. Issuer: BOCI-Prudential Asset Management Limited
+
#
BOCI-Prudential Asset Management Limited
Address: 27/F, Bank of China Tower, 1 Garden Road, Central, Hong Kong
Hotline: (852) 2280 8615
Website: www.boci-pru.com.hk
中銀保誠資產管理
BOCI-Prudential Asset Management