INTERNATIONAL FUNDS ISLE OF MAN Baring Hong Kong & China October 2014 This factsheet is for information only and should not be considered a financial promotion. This information should not be relied upon for buying and selling decisions. FUND OBJECTIVE MIRROR FUND KEY FACTS The objective of the Fund is to achieve long-term capital growth in the value of assets. The policy of the Fund is to hold a portfolio of quoted or traded equity investments in companies incorporated in Hong Kong or China, or quoted or traded on any Hong Kong or China stock exchange, or in companies that have a significant proportion of their assets or other interests in Hong Kong or China. The Managers may also invest in companies incorporated in Taiwan or quoted on the Taiwan stock exchange. (Please refer to the Prospectus for the full investment objective and policy.) FP Code: Currency: Launch Date: FPI Risk Rating: Dealing: Sector Classification: Sharia Compliant: Index Tracker: Socially Responsible Investment: SFC Authorised: MAS Approved: FPI MIRROR FUND RISK RATING M55 USD April 1984 4 Daily Equity - Greater China No No No Yes No UNDERLYING FUND KEY FACTS Sedol Code: 0082923 ISIN Code: IE0000829238 Launch Date: 03/12/1982 Fund Management Company: Baring Intl Fund Mgr (Ire) Ltd Fund Manager: Laura Luo Manager Since: 01/09/2013 Fund Size (as at 30/09/2014): USD 2340m Annual Management Charge: 1.25% Additional Expenses (as at 18/03/2014): 0.54% Ongoing Charges Figure (as at 09/07/2014): 1.79% Grade 4: A more focused asset exposure provides good growth potential with the risk of short-term volatility. The fund price may go up and down depending on investment performance and is not guaranteed. You may get back less than you’ve paid in. DPPI MIRROR FUND SEARCH SCHEME Dynamic Portfolio Planner International (DPPi) is our online, adviser only, The Ongoing Charges Figure is a measure of the total annual charge of the portfolio-planning tool. The Mirror Fund Search Scheme is used to filter our underlying fund and is the Annual Management Charge plus the Additional Expenses mirror fund range by defining broad asset classes in order to refine a search. Sector Classification: Equity - Greater China Crown Rating: This fund is classified as: Further information on the Crown Rating can be found at www.financialexpress.net UNDERLYING FUND BREAKDOWN Sector Allocation (as at 31/08/2014) 34.60% Financials 12.60% Information Technology Consumer Discretionary 9.60% Energy 9.50% Health Care Others Utilities Money Market 88.10% Chinese Equities Hong Kong Equities 8.60% Industrials Telecommunications Utilities Asset Allocation (as at 31/08/2014) 8.50% Money Market 2.10% Taiwanese Equities 0.70% Singapore Equities 0.60% 8.00% 6.70% 4.90% 3.40% 2.10% TOP HOLDINGS (as at 31/08/2014) Holding 1. 2. 3. 4. 5. TENCENT HLDGS LIMITED CHINA CONSTRUCTION BANK CHINA PETROLEUM & CHEMICAL CORP CHINA MOBILE LTD CHINA LIFE INSURANCE CO % of Fund 6.10% 4.60% 4.50% 4.30% 4.10% Holding 6. INDUSTRIAL & COMMERCIAL BK OF CHINA 7. CHINA UNICOM(HONG KONG)LTD 8. PING AN INSURANCE(GR)CO OF CHINA 9. AGRICULTURAL BANK OF CHINA 10. LENOVO GROUP % of Fund 4.00% 3.70% 3.20% 3.00% 2.70% INTERNATIONAL FUNDS ISLE OF MAN Baring Hong Kong & China October 2014 The information shown below refers to the past. Past performance is not a reliable guide to future performance. Performance figures are net of all charges. Please note that the securities held within a fund may not be denominated in the currency of that fund and, as a result, fund prices may rise and fall purely on account of exchange rate fluctuations. PERFORMANCE OF MIRROR FUND OVER ROLLING ONE YEAR PERIODS (as at 30/09/2014) Baring Hong Kong & China 30/09/2009 30/09/2010 30/09/2010 30/09/2011 30/09/2011 30/09/2012 30/09/2012 30/09/2013 30/09/2013 30/09/2014 11.35% -19.96% 0.40% 12.84% -0.66% * This fund was not available during this time frame Figures are for periods from Quarter 3 to Quarter 3 of each year. RELATIVE PERFORMANCE OF UNDERLYING FUND OVER ROLLING ONE YEAR PERIODS (as at 30/09/2014) 30/09/2009 30/09/2010 30/09/2010 30/09/2011 30/09/2011 30/09/2012 30/09/2012 30/09/2013 30/09/2013 30/09/2014 Quartile Rank Q4 Q3 Q4 Q3 Q4 Absolute Rank 26/28 19/31 30/33 19/35 32/36 Figures are for periods from Quarter 3 to Quarter 3 of each year. Quartile rank – if a fund is ranked in the top 25% of funds available within its investment sector over the period shown, it is shown as Q1. Funds ranked in the next 25% are ‘Q2’ etc. Funds in the bottom 25% are ‘Q4’. Absolute rank – shows the fund’s relative positioning when its performance is compared to the other funds in the Financial Express sector. PERCENTAGE GROWTH OF MIRROR FUND OVER FIVE YEARS (as at 30/09/2014) 25% CUMULATIVE PERFORMANCE OF MIRROR FUND (as at 30/09/2014) % growth Since Launch 6426.88 20% 1 Year -0.66 10% 3 Years 12.54 5% 5 Years 0.30 0% 10 Years 15% 176.15 -5% ANNUALISED PERFORMANCE OF MIRROR FUND (as at 30/09/2014) -10% % growth -15% Since Launch -20% -25% Oct 09 Oct 10 Oct 11 Oct 12 Oct 13 30/09/2009 - 30/09/2014 Powered by data from FE Standard Deviation* 14.69 17.09% * Standard Deviation is a measure of a fund’s risk and volatility. It gives an indication of how much a fund’s price goes up and down in value. So the higher the volatility measure, the greater the risk. The above figure is an annualised figure over a three-year time period. Source: Financial Express Ltd, on a bid to bid basis. Figures to 30/09/2014 IMPORTANT INFORMATION REGARDING MIRROR FUNDS For each fund managed by external investment managers Friends Provident International has set up its own mirror fund, which invests exclusively in the underlying fund, apart from a proportionately small amount, which may be held as a cash balance. This means that the price of the Friends Provident International fund will be different from the corresponding fund due to the cash holding and any differences in fund charges, but will move mainly in line with it. These mirror funds can only be accessed using Friends Provident International product wrappers. Please note that there are fees charged to investments in the mirror funds that will affect their return. For further details, please refer to the relevant fund information brochure. Friends Provident International Limited Registered and Head Office: Royal Court, Castletown, Isle of Man, British Isles, IM9 1RA. Telephone: +44(0) 1624 821 212 Fax: +44(0) 1624 824 405 Website: www.fpinternational.com Incorporated company limited by shares. Registered in the Isle of Man, number 11494. Authorised by the Isle of Man Insurance and Pensions Authority. Provider of life assurance and investment products. Authorised by the Office of the Commissioner of Insurance to conduct long-term insurance business in Hong Kong. Registered in the United Arab Emirates as an insurance company (Registration No. 76). Registered with the Ministry of Economy as a foreign company (Registration No. 2013): Registration date 19 April 2007. Authorised by the United Arab Emirates Insurance Authority to conduct life assurance and funds accumulation operations. Registered in Singapore No. F06835G. Licensed by the Monetary Authority of Singapore to conduct life insurance business in Singapore. Friends Provident International is a registered trade mark of the Friends Life group.