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The Fund aims to provide investors with long-term capital appreciation through a portfolio consisting primarily (at least 70%) of equity securities of companies based or operating principally in Thailand. The Fund is not subject to any limitation on the portion of its total net asset value that may be invested in any sector or any limitation on the market capitalisation of the companies in which it may invest. The Fund is therefore exposed to risks related to equity, emerging markets, concentration, smaller companies, currency, liquidity, high volatility of the equity markets in Thailand and derivatives. Investors may be subject to substantial losses.