The value of the assets of a Fund may be affected by
uncertainties such as changes in government policies,
taxation, fluctuations in foreign exchange rates, the
imposition of currency repatriation restrictions, social and
religious instability, political, economic or other
developments in the law or regulations of the countries in
which a Fund may invest and, in particular, by changes in
legislation relating to the level of foreign ownership in the
countries in which a Fund may invest.