IMPORTANT RISK WARNINGS / NOTES • Investors should note that investment involves risks (including the possibility of loss of the capital invested), prices of fund units may go up as well as down and past performance information presented is not indicative of future performance. Investors should read the relevant fund’s offering documents (including the full text of the risk factors stated therein (in particular those associated with investments in emerging markets for funds investing in emerging markets)) in detail before making any investment decision. • Fund(s) marked with "@" below may invest extensively in financial derivative instruments, thus subject to higher volatility as well as higher credit/counterparty and liquidity risks. Investing in these funds will involve a higher risk of loss of all, or substantial part, of the capital invested. • In order to comply with the requirement in relation to investor characterization as set out by the Securities and Futures Commission in Hong Kong, Hang Seng Bank Limited (the "Bank") only accepts customers who have been characterized by the Bank as having general knowledge of the nature and risks of derivatives to subscribe for fund(s) marked with "*" below.

Hang Seng Investment AllianceBernstein Allianz Global Investors Barings BlackRock Fidelity Franklin Templeton Investments HSBC Global Asset Management Invesco Janus Capital J.P. Morgan Asset Management Pictet Asset Management Schroders

AllianceBernstein Hong Kong Limited

   View Our Most Recent Information Listed below are documents related to our products, research and commentary. 中文(繁體)  中文(简体)   Global in Scope Client-Centered in Mission Founded in 1967, AllianceBernstein is a U.S. based global leading investment-management firm. Our global prescence and research excellence allow us to offer a full array of investment solutions across equities, fixed income, multi-asset and alternatives to meet investors' diverse needs. Equity Asia ex-Japan Equity Portfolio Global Value Portfolio Fixed Income American Income Portfolio European Income Portfolio Global High Yield Portfolio American Income Portfolio Product Flyer European Income Portfolio Product Flyer Global High Yield Portfolio Product Flyer Global Value Portfolio Product Flyer     View the Company Profile   Funds Distributed by Hang Seng Bank       Disclaimer: The information contained herein is for information purposes only and should not be construed as an offer to sell, or solicitation of an offer to buy or a recommendation for the securities contained herein. Investment involves risk. Share prices and investment returns may go up or down. Past performance is no guarantee of future results. Investors should refer to relevant fund offering documents for detailed information, including risk factors, in particular those associated with investments in emerging markets, prior to subscription. This information is directed solely at persons in jurisdictions where the funds and relevant share class are registered or who may otherwise lawfully receive it. Before investing in AllianceBernstein funds, investors should review the fund's full prospectus, together with the fund's Product Key Facts and the most recent financial statements. Copies of these documents, including the latest annual report and, if issued thereafter, the latest semi-annual report, may be obtained free of charge from www.alliancebernstein.com.hk or by contacting the local distributor in the jurisdictions in which the funds are authorized for distribution. This webpage has not been reviewed by the Hong Kong Securities and Futures Commission and is issued by AllianceBernstein Hong Kong Limited (聯博香港有限公司). Portfolios of ACMBernstein. AllianceBernstein is the trading name of this mutual investment fund (fonds commun de placement) organized under the laws of Luxembourg, while its legal name is ACMBernstein.