The Fund aims to provide capital growth over the long term. The Fund invests at least 80% of its net assets in equities or equity-related instruments of: companies having their registered office in China and Hong Kong; companies that do not have their registered office in China and Hong Kong but do most of their business, either directly or through subsidiaries, in China and Hong Kong. The Fund may invest in companies of any size, including smaller capitalisation companies, in any industry.