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Important Legal Information

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You confirm that you are a Hong Kong resident and acknowledge that the information contained in the T. Rowe Price website www.troweprice.com/hk is not intended for investors in any other jurisdiction. For the avoidance of doubt, the information herein is not for distribution to and does not constitute an offer to sell or the solicitation of any offer to buy any securities in the United States of America to or for the benefit of United States persons.

Information obtained from this site is intended specifically for the individuals who have agreed to these Terms and Conditions and may not be redistributed without prior consent from the T. Rowe Price Legal department.

This website may contain information on different funds (“Funds”) that may invest in equities, debt securities, money market securities and/or other instruments, including derivatives, in accordance with their own specific investment objectives and policies.

Investment in the Funds involves risks including but not limited to general fund risk, country risk, currency risk, emerging markets risk, small and mid-cap risk, style risk, volatility risk, capital risk, equity risk, geographic concentration risk, investment fund risk, management risk and operational risk.

Please note that as the investment objectives and policies of each of Fund is different, the risks that are applicable to each of the Funds may also be different. Therefore not all of the above mentioned risks may be applicable to a specific Fund and in some cases certain risk factors not mentioned above may also be applicable to a Fund. Please refer to the prospectus for full details of the investment objectives and policies and risk factors applicable for the Funds.

The Funds may use derivatives for hedging and investment purposes (including efficient portfolio management). However, some Funds will not use derivatives extensively for investment purposes (including efficient portfolio management) while other Funds will use derivatives extensively for investment purposes (including efficient portfolio management) in order to meet the investment objectives of such Funds. Please note that for Funds which use derivatives extensively for investment purposes, such use may lead to a higher volatility to the value of such Funds.

Individual investors should not invest in the Fund unless the intermediary who sells you the Fund has advised you that the Fund is suitable for you and has explained why, including how an investment in the Fund will be consistent with your investment objectives.

Investors should not invest in the Fund solely based on this website and should read the offering documents of the Funds for further details, including risk factors, prior to investing.

Past performance of the Funds and other securities is not a guide to future performance. The value of securities and any income generated from them might decrease as well as increase. Changes in rates of exchange may also have an adverse effect on the value, price or income of securities. Investors should also be aware of the additional risks associated with investments in emerging markets, high yield securities and smaller companies.

This information herein does not constitute investment advice and the products described may not be available to or suitable for all investors. You should consider, if appropriate, obtaining independent professional advice before making an investment decision.

Unless otherwise noted, the content appearing in this Section of the T. Rowe Price website has been issued by T. Rowe Price Hong Kong Limited, 21/F, Jardine House, 1 Connaught Place, Central, Hong Kong. T. Rowe Price Hong Kong Limited is licensed and regulated by the Securities & Futures Commission (“SFC”). This website has not been reviewed by the SFC.