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HFT to launch its first RMB mutual fund

HFT Investment Management has been granted approval by the Hong Kong Securities and Futures Commission to launch its first RMB mutual fund, named HFT (HK) China RMB Fixed Income Fund. The fund will seek to provide its investors with stable capital growth in Renminbi terms. It primarily invests in RMB denominated fixed income instruments and can hold investments in Chinese…

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