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Frequently Asked Questions


PAIF, the abbreviation of ABF Pan Asia Bond Index Fund (the Fund), is a collective investment fund domiciled in Singapore and listed on the Stock Exchange of Hong Kong Limited (Stock Exchange). PAIF holds a portfolio of Asian government and quasi-government local currency bonds designed to provide investment results that closely correspond to, or track, the performance of the Markit iBoxx ABF Pan-Asia Index. With only a single transaction in PAIF, investors can gain cost-effective exposure to eight bond markets in Asia, namely China, Hong Kong, Indonesia, Korea, Malaysia, Philippines, Singapore and Thailand.

Notes: PAIF is not guaranteed or endorsed by the governments of the eight investment markets. PAIF's units are traded on the stock exchange at market price, which may be different from the net asset value per unit of the fund, and the fund may be delisted from the stock exchange.

A unit trust is a form of collective investment vehicle structured as a trust where investors' contributions to the trust are pooled to enable those investors to participate in all the investments of the trust.

The Manager of PAIF is State Street Global Advisors Singapore Limited.

PAIF trades like any other shares listed on the Stock Exchange of Hong Kong Limited. Individual investors may place orders to buy or sell PAIF's units at market prices through their brokers during trading days. 

In addition, market professionals may create and redeem in cash through Authorized Participants.

Notes: PAIF's market price on stock exchange may be different from the net asset value per unit of PAIF, and PAIF may be delisted from the stock exchange.