ZI First State China Growth - The Financial Express

1 ZI First State ChinaGrowthAugust 2020 Zurich fund information (as at 31/07/2020)Launch date29/09/2005 Current bidUSD size(m)USD (as at 31/07/2020)FE sectorAsia Pacific ex JapanFund currencyUSDZIL management charge* rating Risk rating** fund information (as at 31/07/2020)Fund nameFirst State China GrowthBenchmarkMSCI CHINAFund managerMartin Lau,Winston KeISIN CodeIE0008368742 SEDOL0844877 SEDOL codes London Stock Exchange, reproduced under ten holdings (as at 30/06/2020)TENCENT HLDGS MERCHANTS BANK CO GROUP CO MENGNIU DAIRY PHARMACEUTICAL GROUP ENERGY HLDGS INDUSTRIES CHINT ELECTRICS CO INTERNATIONAL AIRPORT : * Please note, this charge is deducted daily beforecalculating the unit price. This does not include anyproduct charges.

2 For further information on productcharges, please refer to the relevant policy terms andconditions. FE Crown Fund Ratings is a quantitative based ratingssystem founded on historical performance, volatility andconsistency. Funds are ranked against a relativebenchmark chosen by FE with the lowest-rated fundscarrying a single crown, and the highest awarded fivecrowns. Funds without a three-year track record are notrated. However, in some cases a rating is applied tofunds whose underlying fund carries a three-year trackrecord. FE Crown Ratings are produced solely by FE andits accuracy or completeness cannot be guaranteed.**The risk descriptions and ratings provided areintended as a guide only and should not be relied on inisolation to make investment decisions.

3 Risk ratings arecalculated and provided by a third party and are not arecommendation by Zurich as to the suitability of afund for investment. For more details on risk ratingsplease refer to our investment objectiveThe fund's aim is to invest primarily in securities issued by companies with either assets in, orrevenues derived from the People's Republic of China that are listed, traded or dealt in on regulatedmarkets in China , Hong Kong, Taiwan, the US or in a member State of the OECD (Organisation forEconomic Co-operaton and Development)..Sectors (as at 30/06/2020)Consumer (as at 30/06/2020) :FEThis factsheet is for information only and is written assuming you are familiar with investment terminology. Ithas been provided to help you understand how the fund is invested and performing.

4 It should not be used formaking investment decisions. Please contact your relevant Financial professional for further explanation oradvice if you want to know if this fund is, or remains, appropriate for International LifeZI First State China GrowthAugust 2020 Things you need to knowZurich International Life is a business name of ZurichInternational Life International Life Limited is fully authorisedunder the Isle of Man Insurance Act 2008 and isregulated by Isle of Man Financial Services Authoritywhich ensures that the company has sound andprofessional management and provision has beenmade to protect life assurance companies authorised in the Isle ofMan, the Isle of Man's Life Assurance (Compensationof Policyholders) Regulations 1991, ensure that in theevent of a life assurance company being unable tomeet its liabilities to its planholders, up to 90% of theliability to the protected planholder will be will not be protected by the UK FinancialServices Compensation contained in this factsheet should beintended as an offer to invest.

5 Anyone consideringinvesting in this fund should seek professionalguidance. This information is only a summary andmay be subject to change without notice. It wasobtained from what we believe to be reliable , its accuracy and completeness cannot beguaranteed. Neither Zurich International Life nor anyassociated companies or representatives can acceptresponsibility for any errors or further information about this fund, please referto the charts on page one. For further details aboutour funds and charges, please refer to the'Investments-your guide' brochure, a copy of which isavailable on should note that investing in mirror funds couldresult in the possibility of large and sudden falls in theprices of shares. The shortfalls on cancellation or losson realisation could be considerable.

6 You could getback nothing at all. You should note that wheninvesting into mirror funds, the charges, expensesand taxation of the underlying funds vary andperformance may may be recorded or monitored in order to offeradditional security, resolve complaints and fortraining, administrative and quality purposes. Cumulative performance (as at 31/07/2020)1 mth3 mths6 mths1 year3 years5 years10 yearsSince Growth China 3 year statistical fund data (as at 31/07/2020)Monthly 3 month 3 month : FE, figures to 31/07/2020, bid to bid gross in USD. Past performance is not a guide tofuture performance. Discrete performance (as at 30/06/2020)Jun 15-Jun 16 Jun 16-Jun 17 Jun 17-Jun 18 Jun 18-Jun 19 Jun 19-Jun : FE, figures to 30/06/2020, bid to bid gross in USD.

7 Percentage Growth figures are fordiscrete years, for example Jun 15-Jun 16 equals 30/06/2015 to 30/06/2016. Past performanceis not a guide to future performance. Fund performance vs benchmark and/or sector, 5 years/since inception Aug 15 NovFeb 16 MayAugNovFeb 17 MayAugNovFeb 18 MayAugNovFeb 19 MayAugNovFeb 20 May31/07/2015 - 31/07/2020 Powered by data from FEZI First State China GrowthMSCI CHINAS ectorSource: FE as at 31/07/2020, bid to bid gross in USD. Past performance is not a guide tofuture performance is not a guide to future performance. The value of any investmentand the income from it can fall as a result of market and currency fluctuations and youcould get back less than the amount originally figures include the deduction of the Zurich International Life (ZIL) fundmanagement charge and the annual management information or to seeour full range of funds, go toour International Life is a business name of Zurich International Life Limited whichprovides life assurance, investment and protection products and is authorised by the Isle ofMan Financial Services in the Isle of Man number office.

8 Zurich House, Isle of Man Business Park, Douglas, Isle of Man, IM2 2QZ,British +44 1624 662266 Telefax +44 1624 662038 Intermediary Group Limited, authorised and regulated by the Financial ConductAuthority. Registered in England and Wales under company number 01909111. Registeredoffice: The Grange, Bishops Cleeve, Cheltenham, GL52 8RD