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| Name of Fund | Date of Launch | Features |
|---|---|---|
| China Express-Chinese Real Estate Securities Investment Trust No.1,2 & 3 | No.1: Dec,2004 No.2: Mar,2005 No.3: Dec,2005 |
This fund invests mainly in office and residential properties in China. The objective is to achieve capital appreciation from these properties and enjoy the growth of assets in RMB in case of revaluation of the currency. |
| J-Grand Real Estate Securities Investment Trust | Dec,2004 | This fund invests mainly in residential properties in Japan. Basically, monthly rent after expenses are distributed among investors. Japanese Yen denominated fund (No Foreign Exchange risks). |