The Fund’s objective is to achieve a return in US Dollars in line with prevailing money market rates. The Fund seeks to achieve its investment objective by investing primarily (i.e. not less than 70% of its Net Asset Value) in USD denominated short-term deposits and high-quality money market instruments issued by governments, quasi-governments, international organisations and financial institutions. The Fund will only invest in instruments which have, or the issuers of which have, an investment grade rating, i.e. at least BBB-/Baa3 (rated by an internationally recognised credit agency such as Moody’s, Standard & Poor’s or Fitch) or AAA (rated by a Mainland Chinese domestic credit rating agency). The reference annualised yield is provided by Taikang Asset Management (Hong Kong) Company Limited and is for reference only.