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L'Oreal CEO Says Luxury Make-Up Growing In Double-Digits, Luxury Skincare Impacted By Lack Of Rebound In China; We Have Seen More Acceleration Of Mass Market In China In Q1 Vs U.S. And Slowdown Of Luxury
The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The index designed to measure the performance of the largest companies in the Chinese equity market that trade on the Stock Exchange of Hong Kong and are available to international investors. The fund is non-diversified.