The China Fund, Inc. - Regulatory information, Terms & Conditions

Regulatory information & privacy statement

The China Fund Inc
The information on this website is provided by Martin Currie Inc ('MC Inc'), the investment manager to China Fund Inc ('the fund'). MC Inc is authorised and regulated by the Financial Services Authority ('FSA') and registered as an investment adviser with the Securities and Exchange Commission ('SEC'). It is also incorporated with limited liability in New York, USA.

MC Inc is a wholly owned subsidiary of Martin Currie Limited. The information on this website does not in any way constitute investment, tax, legal or other advice.

Please read the information below. It contains the legal and regulatory information that you need to be aware of before receiving any further information regarding this fund.

The information contained within this website does not constitute an offer of, or an invitation to apply for, securities:

In any jurisdiction where such offer or invitation is unlawful or
In which the person making such offer is not qualified to do so or
To whom it is unlawful to make such an offer or solicitation.

The information contained in this website has been compiled with considerable care to ensure its accuracy at the date of publication. But no representation or warranty, express or implied, is made to its accuracy or completeness. Any research or analysis contained in this website has been procured by MC Inc for its own use. It is provided to you only incidentally, and any opinions expressed are subject to change without notice.

About the fund
The fund is classified as a 'non-diversified' investment company under the US Investment Company Act of 1940. This means that the fund is not limited by the 1940 Act in the proportion of its assets that may be invested in the securities of a single issuer and may be subject to a greater risk with respect to portfolio securities. Closed-end fund shares, unlike open-end fund shares, are not continuously offered. After the initial public offering, shares of closed-end funds are sold on the open market through a stock exchange. MC Inc has been appointed investment adviser to the listed equity portfolio of the fund. Asian Direct Capital Management is the direct investment manager to the fund.

Anti-money laundering
MCIM must adhere to anti-money laundering legislation. This requires us to carry out identity verification checks. If we cannot verify you or your client's identity in accordance with the legislation, we reserve the right to refuse the investment. If the funds are invested prior to the identity checks being carried out, we will not release the proceeds until we receive adequate verification of you or your client's identity.

Risk warnings

Investment in this region carries significant risk not typically associated with investing in securities of U.S. issuers, and investment should be regarded as long term in nature and is only suitable for investors who understand the risks involved. Risks generally include (a) greater social, economic and political uncertainty, (b) greater price volatility, substantially less liquidity and significantly smaller market capitalization of securities markets in which securities of China companies trade (particularly in China), (c) currency exchange rate fluctuation, currency blockage and higher rates of inflation, (d) controls on foreign investment and limitations on repatriation of invested capital and on the Fund's ability to exchange local currencies for U.S. dollars, (e) greater governmental involvement in and control over the economy, (f) the risk that the Chinese government may decide not to continue to support the economic reform programs implemented in 1978 and could return to the completely centrally planned economy that existed prior to 1978, (g) the risk of nationalization or expropriation of assets, (h) regulatory risks due to changes in legal, regulatory and tax rules and (i) the fact that China companies may be smaller, less seasoned and newly-organized companies.
Performance data represents past perfoamnce and is not a guarantee to future returns. You may have a gain or a loss when you sell your shares. Investors should consider a fund's investment objectives, risks, charges and expenses carefully before investing. The information contained in this website does not constitute an offer of, or an invitation to apply for, securities.
Investment in derivative instruments, including futures, options or contracts for differences, carries a high risk of loss, the markets in these investments being highly volatile.
Investment in the securities of smaller and unquoted companies can involve greater risk than is customarily associated with investment in larger, more established, companies.
Shares of closed-end investment companies frequently trade at a discount from net asset value. This characteristic is a risk separate and distinct from the risk that a closed-end fund's net asset value will decrease. The Fund cannot predict whether its shares will trade at, below or above net asset value. Accordingly, the Common Stock of the Fund is designed primarily for long-term investors and should not be considered a vehicle for trading purposes.

Telephone Calls
For your protection, all telephone calls are usually recorded.

FSA
If you would like further information on the FSA or SEC, MC Inc's regulators, you can access their websites at www.fsa.gov.uk and www.sec.gov.

This Website
Use of this website indicates your acceptance of the Regulatory information & privacy statement of this website.
This website and the information contained within Regulatory information & terms and conditions may be altered and amended at any time without prior notice. Therefore, your continued use of this website indicates your acceptance of and acknowledgement of the Regulatory information & terms and conditions as amended.

These Terms and conditions were last revised in January 2004.

Disclaimer and Limitation of Liability
We make no representations, warranties or undertakings about the information contained within the website. In addition, we make no such representations, warranties or undertaking about any website to which ours is linked and therefore you leave our website at your own risk.

You should note that there may be occasions during which our website becomes unavailable, through no fault of our own. There may indeed be occasions where we take our website offline in order to enhance and update it.

Due to the nature of the internet itself, we make no representations, warranties or undertakings as to the accuracy of the content of our website or as to whether any information you download is virus or error-free.

We cannot accept any liability for any damages whatsoever arising to you as a result of your use of our website.

Information it receives from shareholders on applications and other forms; and
Information about shareholder transactions with the fund

The fund's policy is not to disclose non-public personal information about its shareholders to non-public affiliated third parties (other than disclosures permitted by law).

The fund restricts access to non-public personal information about its shareholders to those agents of the fund that need to know that information to provide products or services to shareholders. The fund maintains physical, electronic and procedural safeguards that comply with Federal standards to guard its shareholders' non-public personal information.

Data Protection Notice
Any information with which you provide us will be used by Martin Currie and its subsidiaries. We collect personal information from you during your use of our website. We also automatically collect information from you during your visit to the website, this allows us to monitor preferences of our users and aids us in improving our website to meet your needs. Martin Currie uses resident cookies to store data on your hard disk for the purpose of identifying you when you return to the Martin Currie website. If you have resident cookies disabled in your browser you are still able to use the site but Martin Currie you will not have the benefit of an automatic login.

Copyright
This website and the information contained within it is protected by copyright. Reproduction of all or any part of this website or any information contained within it is prohibited unless required for personal use.