as at the 28th Feb will include the impact of much of the recent...

as at the 28th Feb will include the impact of much of the recent volatility. Given that the Shanghai A index is now well over 3000 points,it would be safe to conclude that the fund value should be somewhere north of $1.10 imo.

How much further north depends on the composition of the holdings.

Should justify the tiny 4% premium given the growth profile.