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Strategic Asian Investment Opportunities

February 13, 2014

A dollar of Chinese profits will cost you $10 and in the US it’ll cost you $17*. But China has still been growing twice as fast as the US.
• We’ll discuss why it’s so cheap, what to focus on and what to stay away from.

Last year the Yuan overtook the Euro to become the second most used currency in trade.** And in 2013 China’s trade exceeded $4 billion.***
• We’ll talk about the prospects for the Yuan, its trend appreciation and how fixed income and liquidity strategies can benefit from this rising star.

Income investing in Asia means finding companies with consistent track records of earning power, cash generation and a shareholder friendly culture
• We unveil an 8 over 8 strategy that targets companies with an 8% real return on investment over 8 years, which throws open over 180 dividend paying companies.

* Based on Price:earnings multiples of 9.62x 2013 trailing earnings for the MSCI China Index and 17.34x for the S&P 500 index as at Jan 14 2014. Source Bloomberg
** Source: Society for Worldwide Interbank Financial Telecommunication (SWIFT) press release Dec 3 2014
*** Source: Bloomberg, China National Bureau of Statistics

Purchasing Power Parity (PPP) is an economic theory that estimates the amount of adjustment needed on the exchange rate between countries in order for the exchange to be equivalent to each currency’s purchasing power.

The Asia Pacific Dividend Builder Fund was formerly (and at the time of this webcast) called the Asia Pacific Dividend Fund.