QFII Quota Granted to BOCI-Prudential Asset Management (Note 1)

HONG KONG, Sept. 3, 2012 /PRNewswire/ --

IMPORTANT NOTES:

• Investment involves risk and the products mentioned in this press release may not be suitable for everyone. Investment in emerging markets involves special risks and consideration.
• The key risks to which the QFII products are subject to include: Investment risk, single country / emerging market risk, QFII risks (including risks associated with QFIIs rules and restrictions, risks regarding QFII status and QFII quota, risks regarding remittance and repatriation of funds, liquidity risks, custodial risk, brokerage risk and risk of conflicts of interests), RMB currency risk, counterparty risk, custodial, clearance and settlement risks, risks associated with investments in debt instruments / credit risk, Mainland China tax risk, derivative instruments risk, performance fee risk and risk on redemption charge and redemption limit.
• 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.
• This press release is for informational purposes only and does not constitute any distribution or any recommendation, offer, invitation or solicitation to buy or sell any products.

BOCI-Prudential Asset Management (Note 1) (the "Company") is pleased to announce that a Qualified Foreign Institutional Investor ("QFII") quota of USD 150 million has been granted by the State Administration of Foreign Exchange ("SAFE") to the Company on 21 August 2012.

As a QFII institution, the Company can directly access to onshore RMB denominated and settled financial instruments in mainland China, such as bonds and fixed-income products, and A-shares listed on the stock exchanges in mainland China, etc through the QFII quota. It allows the Company to seize the investment potential of the respective markets on behalf of investors in the near future. Details on the QFII products will be announced after the product authorization from the regulator has been obtained.

BOCI‐Prudential Asset Management will continue to offer comprehensive and reliable asset management services and strive for stable and outstanding investment performances. BOCI-Prudential Asset Management will continue to develop new products to cater the diversified needs of investors.

About BOCI-Prudential Asset Management

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 in 1999, offering a comprehensive spectrum of investment products, which includes Hong Kong mandatory provident fund scheme, pension funds, retail unit trusts, exchange traded funds, institutional mandates and other investment funds, the Company also manages discretionary investment portfolio and provides charity fund management services to both private individuals and institutional clients. Being one of the major investment managers of MPF schemes, BOCI‐Prudential Asset Management manages assets for more than 650,000 clients (Note 2) in Hong Kong. In terms of MPF assets under management, the Company ranks among top three (Note 3) investment managers in the MPF market with approximately 8% market share. 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.

For details, please visit the official website at http://www.boci-pru.com.hk/.

Notes:

1. BOCI-Prudential Asset Management is the abbreviation of "BOCI-Prudential Asset Management Limited"
2. Source : BOCI‐Prudential Asset Management Limited (as at 31 December 2011)
3. Source: Report on MPF Market Shares and Estimated Net Fund Inflows in the Mandatory Provident Fund System, Hong Kong as at 31 December 2011 by Gadbury Group Limited

Media Enquiry

BOCI-Prudential Asset Management Limited
Market Communication
Ms Jazz Ho
Tel: (852) 2280 8971
Email: jazz.ho@boci-pru.com.hk