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Mainly invest in the units of a foreign fund, Nippon Growth (UCITS) Fund (master fund) which managed by E.I. Strategic Management Ltd , at least 80 % of NAV in any accounting period. Nippon Growth Fund registered in Guernsey, it has a policy to invest in securities registered in Japan, at least two third will invest in securities issued by Japanese corporate. The fund is under the supervision of a member of the International Organizations of Securities Commission (IOSCO). Since the investment of the fund may involve the fluctuations of currency exchange value, the Manager will manage foreign exchange or interest rate risk by using hedging instruments that are appropriate to the situation.
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