HongKongDollarBond.PDF

Schroder International Selection Fund Société dInvestissement à Capital Variable 5, rue H?henhof, L-1736 Senningerberg Grand Duchy of Luxembourg Tel : (+352) 341 342 202 Fax : (+352) 341 342 342 IMPORTANT: This letter is important and requires your immediate attention. If you have any questions about the content of this letter, you should seek independent professional advice. The directors of Schroder International Selection Fund accept full responsibility for the accuracy of the information contained in this letter and confirm, having made all reasonable enquiries, that to the best of our knowledge and belief there are no other facts the omission of which would make any statement misleading. 3 April 2017 Dear Shareholder, Schroder International Selection Fund – Hong Kong Dollar Bond (the Fund) As a result of recent regulatory changes in the People’s Republic of China (PRC) which opens up the China Interbank Bond Market to eligible foreign institutional investors to access PRC onshore bonds directly (China Interbank Bond Market Initiative), the board of directors of Schroder International Selection Fund (the Company) has decided to provide greater flexibility for the Fund to invest directly in PRC onshore bonds through the China Interbank Bond Market Initiative with immediate effect. In this connection, the additional information of the Fund as disclosed in the Fund Details section of the Hong Kong Covering Document of the Company will be enhanced as follows: Hong Kong Dollar Bond For clarification, the Fund may invest in the PRC to achieve its investment objective through the China Interbank Bond Market Initiative. It is intended that the exposure of the Fund to PRC onshore investment through the China Interbank Bond Market Initiative will be less than 30% of the Net Asset Value. The Fund may not invest:- (a) more than 10% of its Net Asset Value in Urban Investmen