billchoa/3036384256-COMP7607-data huggingface dataset:
user: Please translate the following sentence from English to Chinese: When interest rates become lower, the Fund will receive a relatively lower yield from its reinvestment of interest income earned from fixed-income securities.

assistant: 當利率下降時，基金從投資的固定收益證券所得的利息收入進行再投資時，將獲得較少的收益率。
user: Please translate the following sentence from English to Chinese: Chief drainage engineer

assistant: 首席排水工程師
user: Please translate the following sentence from English to Chinese: Japanese Growth Fund Latin America Equity Fund Russia Equity Fund Taiwan Equity Fund Turkey Equity Fund U.S. Small Cap Equity Fund BOND FUNDS:

assistant: 拉丁美洲股票基金俄羅斯股票基金臺灣股票基金土耳其股票基金美國小型公司基金 債券基金：
user: Please translate the following sentence from English to Chinese: Fidelity Funds – Asia Focus Fund

assistant: 富達基金–亞洲焦點基金
user: Please translate the following sentence from English to Chinese: Risk Management Process for FDI The Manager will employ a risk management process which will enable it to accurately measure, monitor and manage the risks attached to financial derivative positions and details of this process have been provided to the Central Bank.

assistant: 金融衍生工具的風險管理程序 基金經理採用的風險管理程序能讓基金經理準確量度、監控及管理持有金融衍生工具持倉所涉及的風險，而此程序的詳細資料已向央行提供。
user: Please translate the following sentence from English to Chinese: 3.3 Investment Restrictions and Guidelines\n

assistant: 3.3 投資限制及指引\n
user: Please translate the following sentence from English to Chinese: Investors have a right of access and of rectification of the personal data in cases where such data is incorrect or incomplete.

assistant: 投資者有權索取及更正個人資料，倘該等資料不正確或不完整。
user: Please translate the following sentence from English to Chinese: SaveEasy Funds - all the SaveEasy Funds aim to maintain an asset allocation appropriate to achieve a combination of income and long term capital growth as the relevant target year approaches whilst managing the volatility of returns in the short term.

assistant: 「儲蓄易」基金－所有「儲蓄易」基金旨在維持適合的資產分配，藉此在相關的目標年份到期時取得收益及長期的資本增長； 同時控制在短期內回報的波幅。
user: Please translate the following sentence from English to Chinese: When Hong Kong and overseas investors carry out strategic investments in listed companies in accordance with the “Measures for the Administration of Strategic Investment of Foreign Investors in Listed Companies”（《外國投資者對上市公司戰略投資管理辦法》）, the shareholding of the strategic investments is not capped by the abovementioned percentages. Should the shareholding of a single investor in a China A-Share listed company exceed the above restriction, the investor would be required to unwind his position on the excessive shareholding according to a last-in-first-out basis within a specific period.

assistant: 當香港及海外投資者根據《外國投資者對上市公司戰略投資管理辦法》對上市公司進行戰略投資，戰略投資的持股不受上述比例限制。 如單一投資者持有的中國A股上市公司股票超過上述限定比例，該投資者會被要求在指定時限內對超過限制的部份按照「後買先賣」的原則予以平倉。
user: Please translate the following sentence from English to Chinese: Investors should note that such securities would generally be considered to have a higher degree of counterparty risk, credit risk and liquidity risk than higher rated, lower yielding securities and may be subject to greater fluctuation in value and higher chance of default and greater risk of loss of principal and interest.

assistant: 投資者應留意，該等證券一般會被認爲相比於評級較高、收益率較低的證券，具有較高程度的交易對手風險、信用風險及流動性風險，其價值可能波動較大，違約機會較高以及損失本金及利息的風險較大。
user: Please translate the following sentence from English to Chinese: These “Risk factors” must be understood before making an investment in the Fund.

assistant: 投資者在投資基金前必需瞭解上述有關「風險因素」。
user: Please translate the following sentence from English to Chinese: As part of a long-term financial plan, investors should consider diversifying their portfolio by investing in a range of investments and asset Classes to spread and manage their overall investment risk.

assistant: 投資者應考慮投資於一系列的投資及資產類別，以分散其投資組合，以求分派及管理其總整投資風險，作爲其長期投資計劃的一部份。
user: Please translate the following sentence from English to Chinese: The sub-fund invests in normal market conditions a minimum of 90% of its net assets in or gains exposure to (via investments in UCITS and / or other Eligible UCIs):

assistant: 本附屬基金於正常市況下將其至少 90% 的淨資產投資於或涉足於（通過投資 UCITS 及∕或其他合資格 UCIs）：
user: Please translate the following sentence from English to Chinese: g) No Sub-Fund may conduct short sales of securities, Money Market Instruments or target fund shares.

assistant: g) 附屬基金不得沽空證券、貨幣市場票據或目標基金股份。
user: Please translate the following sentence from English to Chinese: The sub-fund may also invest in financial derivative instruments such as futures, forwards (including non-deliverable forwards) swaps (including, but not limited to, credit default swaps), options as well as other structured products.

assistant: 本附屬基金亦可投資於金融衍生工具，例如期貨、遠期（包括非可交付遠期）、掉期（包括但不限於信貸違約掉期）、期權，以及其他結構性產品。
user: Please translate the following sentence from English to Chinese: The Sub-Fund may continue to hold fixed income/debt securities that are downgraded or unrated or dispose them within a reasonable time.

assistant: 該子基金可繼續持有評級下調或無評級的定息╱債務證券，或將其在合理時間內出售。
user: Please translate the following sentence from English to Chinese: Where Screen Rate Determination is specified hereon as the manner in which the Rate of Interest is to be determined, the Rate of Interest for each Interest Accrual Period shall be determined by the Calculation Agent at or about the Relevant Time on the Interest Determination Date in respect of such Interest Accrual Period in accordance with the following:

assistant: 如本文註明應採用螢幕利率釐定準則釐定利率時，每個應計利息期的利率，須由計價代理就每個應計利息期的於利息釐定日的有關時間，根據下列方法釐定：
user: Please translate the following sentence from English to Chinese: The Fund does not currently accept payment in any currency other than an Offered Currency.

assistant: 除發售貨幣外，本傘子基金目前不接受以其他貨幣付款。
user: Please translate the following sentence from English to Chinese: In such event, the Funds' ability to achieve its investment objective will be negatively affected.

assistant: 在此情況下，基金實現投資目標的能力將受到負面影響。
user: Please translate the following sentence from English to Chinese: Not all bonds or debt instruments will have been rated by one or several rating agencies; some may have a below investment grade rating.

assistant: 債券可附帶其他資產的轉換或認購權 (例如可換股債券)，並非所有債券或債務工具均會獲得一家或多家評級機構給予評級，部份評級可能低於投資級別。
user: Please translate the following sentence from English to Chinese: The financial derivative instruments the sub-fund is permitted to use include, but are not limited to, futures, options, swaps (such as credit default swaps) and foreign exchange forwards (including non-deliverable forwards).

assistant: 本附屬基金獲准使用的金融衍生工具包括但不限於期貨、期權、掉期（如信貸違約掉期）及外匯遠期（包括非可交付遠期）。
user: Please translate the following sentence from English to Chinese: These Consolidated Financial Statements and notes should be read in conjunction with the audited Consolidated Financial Statements and the notes thereto (the “2006 Consolidated Financial Statements”) included in Holdings’ Annual Report on Form 10-K for the fiscal year ended November 30, 2006 (the “Form 10-K”).

assistant: 該等綜合財務報表及附註應與經審覈綜合財務報表及相關附註（「二零零六年綜合財務報表」）一併閱讀，而二零零六年綜合財務報表則載於控股公司截至二零零六年十一月三十日止財政年度年報的表格10-K（「表格10-K」）內。
user: Please translate the following sentence from English to Chinese: To be determined

assistant: 待定
user: Please translate the following sentence from English to Chinese: (i) the date on which all amounts due in respect of such Zero Coupon Note have been paid;

assistant: (i) 零息票據到期之全部金額付款之日；
user: Please translate the following sentence from English to Chinese: The Fund adopts a flexible approach to asset allocation, driven by proprietary macroeconomic research on equity, bond, currency markets and alternative investments.

assistant: 基金採取靈活的資產配置方法，並以對股票、債券、貨幣市場及另類投資進行的專門宏觀經濟研究作爲主導。
user: Please translate the following sentence from English to Chinese: A copy of the pricing supplement in English and its Chinese version will be contained in one document and will be available for inspection at our offices at 22/F CCB Centre, 18 Wang Chiu Road, Kowloon Bay, Hong Kong as set out on page 115 of this product booklet.

assistant: 英文定價補充文件及其中文版本將載於一份文件內，並如本產品手冊第115頁所述，　閣下可於本行位於香港九龍灣宏照道十八號中國建設銀行中心二十二樓的辦事處查閱。
user: Please translate the following sentence from English to Chinese: In the event of the imposition of such performance fees on any of these Classes (at such fee rate and calculation methodology to be determined by the Directors in their discretion in the future), at least one month’s notice (or such shorter notice as agreed with the relevant Shareholders of each relevant Class) would be given.

assistant: 如對任何此等類別收取該等業績表現費（按董事會日後酌情釐定的收費率及計算方法），將給予至少一個月（或與有關類別的有關股東商定的較短的通知期）的通知。
user: Please translate the following sentence from English to Chinese: Trading under the Shanghai-Hong Kong Stock Connect is subject to a daily quota ("Daily Quota").

assistant: 滬港股票市場交易互聯互通機制下的交易受限於每日額度（「每日額度」）。
user: Please translate the following sentence from English to Chinese: The Fund also utilises a method that allows a precise and independent evaluation of the value of its OTC financial derivatives.

assistant: 本基金亦使用方法以準確及獨立地評估場外金融衍生工具的價值。
user: Please translate the following sentence from English to Chinese: 2. InFoRMAtIon on tHe tRUst (Continued) 2.6 Investment Restrictions and Prohibitions (Continued) In addition, the Manager shall not (amongst other things), on behalf of the Trust:

assistant: 2. 有關本信託資料（續） 2.6 投資限制及禁止事項（續） 此外，管理人亦禁止（其中包括）代表本信託：
user: Please translate the following sentence from English to Chinese: The maximum permissible charge under the Trust Deed is 0.75% p.a. of the gross value of the Fund.

assistant: 信託契約所規定的每年最高收費爲基金資產總值 0.75%。
user: Please translate the following sentence from English to Chinese: To further help achieve its investment objective, the Sub-Fund may invest in securities denominated in RMB.

assistant: 爲進一步有助達致其投資目標，子基金可能投資於人民幣證券。
user: Please translate the following sentence from English to Chinese: The Directors may adjust the Net Asset Value of a Fund if on any Dealing Day the aggregate transactions in Shares of all Classes of that Fund result in a net increase or decrease of Shares which exceeds a threshold set by the Directors from time to time for that Fund (relating to the cost of market dealing for that Fund).

assistant: 倘在任何交易日，該基金所有類別股份的合計交易導致股份淨升或淨降至超出董事會不時爲該基金而設定的限額（有關該基金的市場買賣費用），則董事會可調整該基金的資產淨值。
user: Please translate the following sentence from English to Chinese: Transactions for each account are generally effected independently unless the Investment Manager determines to purchase or sell the same securities for several clients at approximately the same time.

assistant: 各帳戶的交易通常獨立執行，除非投資經理決定在大約相同的時間爲多位客戶買賣相同的證券。
user: Please translate the following sentence from English to Chinese: You will have no further claim against us for any loss after we have paid out all the proceeds of the collateral and the swap arrangements (if any) for your notes.

assistant: 本公司全數支付來自票據的抵押品及掉期安排（如有）的所得款項後，　閣下即無權就任何損失對本公司進一步索償。
user: Please translate the following sentence from English to Chinese: Each of the co-managed funds shall be allocated its specific assets.

assistant: 每項共同管理的基金將獲分配特定資產。
user: Please translate the following sentence from English to Chinese: Applications may be sent by facsimile provided the original follows promptly unless otherwise agreed with the Manager or the Registrar and Transfer Agent to allow orders to be made via facsimile instructions and without the same being followed by original orders.

assistant: 申請可以傳真寄送，惟隨後須從速提供正本，除非與基金經理或過戶登記處兼過戶代理另行協定容許指示可透過傳真作出而隨後毋須提供指示正本。
user: Please translate the following sentence from English to Chinese: Any new notes forming a single series with the Notes shall be constituted and secured by a deed supplemental to the Trust Deed, such further security shall be added to the Mortgaged Property so that the new and existing Notes shall be secured by the same Mortgaged Property and references in these Conditions to “Notes”, “Securities”, “Mortgaged Property”, “Credit Support Documents”, “Underlying Agreements” and “Derivatives Contract” shall be construed accordingly.

assistant: 任何與債券形成單一系列的新債券應由信託契據的補充契據構成並予以抵押，該等附加抵押應加於已抵押財產之上，使得新債券與現有債券由相同的已抵押財產抵押，而本條件中所涉及的「債券」、「抵押」、「已抵押財產」、「信貸支持文件」、「相關協議」及「衍生工具合約」應作相應的解釋。
user: Please translate the following sentence from English to Chinese: To increase the value of its assets over the medium term.

assistant: 法巴全球債券基提高其中期資產價值。
user: Please translate the following sentence from English to Chinese: Such derivatives with underlying indexes will not have significant rebalancing costs.

assistant: 該等相關指數衍生工具不會有重大重新調整成本。
user: Please translate the following sentence from English to Chinese: For the purposes hereof, “qualifying debt securities” are securities the proceeds of which are invested in accordance with applicable law in assets providing a return which will cover the debt service through to the maturity date of the securities and which will be applied on a priority basis to the payment of principal and interest in the event of a default by the issuer.

assistant: 就本說明書而言，「合資格債務證券」指發行所得收益須按照適用法律投資於可提供回報，以抵付在截至該等證券到期日的整段期間內的債務還本付息的資產，而若發行人拖欠債務時，該回報將首先用以償付本金及利息。
user: Please translate the following sentence from English to Chinese: In 2001, the merger of the former K&H Bank with the Hungarian subsidiary of ABN AMRO lead to the creation of the country’s second largest bank group, which serves around 0.9 million customers via a network of 153 branches.

assistant: 於二零零一年，前K&H Bank與荷蘭銀行的匈牙利附屬公司合併，成爲全國第二大銀行集團，透過153間分行爲約900,000名客戶提供服務。
user: Please translate the following sentence from English to Chinese: The net asset value per unit of each Class is calculated by dividing the value of the assets of that Class, less liabilities of that Class, by the total number of units of that Class in issue as at 5:00 p.m. (Hong Kong time) on the immediately preceding dealing day or such other time agreed between the Manager and the Trustee.

assistant: 各類別之每單位資產淨值乃以該類別之資產價值扣除該類別之負債，除以該類別於緊接前一個交易日下午5時正（香港時間）或經理人與信託管理人協定的其他時間的已發行單位總數計算得出。
user: Please translate the following sentence from English to Chinese: If the Debt Securities held by the Fund fall in value, the Fund’s value will also be adversely affected.

assistant: 倘若本基金持有的債務證券價值下跌，本基金的價值亦將受到不利影 響。
user: Please translate the following sentence from English to Chinese: Distribution The offer described in these Explanatory Memoranda is only available to residents of Australia who are ‘wholesale clients’ as defined in the Corporations Act.

assistant: 派發 此等基金說明書所述發售僅向作爲公司法界定的「批發客戶」的澳洲居民作出。
user: Please translate the following sentence from English to Chinese: MARKET MAKING ARRANGEMENTS The Hongkong and Shanghai Banking Corporation Limited (the “market maker”) has agreed with the Issuer and the Guarantor in the market making agreement dated 30 July 2004 (the “Market Making Agreement”), to make a market in the Notes.

assistant: 市場莊家安排 香港上海匯豐銀行有限公司（「市場莊家」）於日期爲二零零四年七月三十日的市場莊家協議（「市場莊家協議」）內與發行人及擔保人達成協議，爲票據營造市場。
user: Please translate the following sentence from English to Chinese: (i) the Fund is responsible for the treatment of the personal data provided for in the FATCA Law;

assistant: (i)本基金就FATCA法律的規定負責處理個人資料；
user: Please translate the following sentence from English to Chinese: The Fund may use leverage.

assistant: 本基金可運用槓桿。
user: Please translate the following sentence from English to Chinese: A record of each payment made against presentation or surrender of any Global Note, distinguishing between any payment of principal and any payment of interest, will be made on such Global Note by the Paying Agent to which it was presented and such record shall be prima facie evidence that the payment in question has been made.

assistant: 各項於提呈或交還任何環球票據作出付款的每項記錄，將與任何本金及利息付款的記錄區別，將由付款代理提呈該環球票據時作出，而該等記錄將爲已作出有關付款的充分憑證。
user: Please translate the following sentence from English to Chinese: (viii) Over-the-counter markets – In general, for investments traded on over-the-counter (OTC) markets, there is less governmental regulation and supervision of transactions in the OTC markets (in which many different kinds of financial derivatives instruments and structured products are generally traded) than of transactions entered into on organized exchanges.

assistant: (viii) 場外市場－一般就於場外市場進行買賣的投資而言，在場外市場（一般會買賣多種不同種類的金融衍生工具及結構性工具的市場）進行的交易所受的政府監管及監督較在有組織交易所進行的交易爲低。
user: Please translate the following sentence from English to Chinese: Year to date compensation to net revenues was 49.5% for 2004 versus 48.7% for 2003.

assistant: 於二零零四年，由年初至今的補償金對淨收益比率爲49.5%，相對於二零零三年則爲48.7%。
user: Please translate the following sentence from English to Chinese: - Class Classic RMB – Accumulation;

assistant: - Class Classic USD – Distribution;
user: Please translate the following sentence from English to Chinese: Such payment per Share is not fixed and will vary according to economic and other circumstances and the ability of the funds to support stable monthly payments without a long term positive or negative impact on capital.

assistant: 有關每股派息並非固定，將根據經濟及其他情況，以及基金在不會對資本造成長期正面或負面影響下維持穩定每月派息的能力而改變。
user: Please translate the following sentence from English to Chinese: Offering Documents This Principal Brochure and any addendum as specified in the relevant Term Sheet

assistant: 銷售文件本指南及於有關條款單張訂明的任何增編
user: Please translate the following sentence from English to Chinese: Further, new regulations may be promulgated from time to time by the regulators in connection with operations and cross-border legal enforcement in connection with cross-border trades under the Stock Connect.

assistant: 此外，監管當局可能不時就滬港通的跨境交易有關的運作和跨境執法頒佈新法規。
user: Please translate the following sentence from English to Chinese: In the event that dividends are to be paid in cash in the currency of the particular Fund, or at the Shareholder’s expense in any other freely exchangeable currency, they will be paid to holders by telegraphic transfer or cheque mailed to their last known address.

assistant: 如股息以某基金之貨幣以現金支付，或股份持有人自費將之轉換爲其他可自由轉換之貨幣，則股息將以電匯支付，或以支票郵寄至股份持有人最後一次呈報之地址。
user: Please translate the following sentence from English to Chinese: If an at-expiry knock-in event has not occurred on the knock-in event date (i.e. the expiry date), you will receive (through your distributor) on the settlement date a cash amount equal to the nominal amount of the Credit Suisse Callable Basket ELIs (less any cash settlement expenses).

assistant: 倘於生效事件日期（即屆滿日期）並無發生屆滿時生效事件，閣下將於結算日期（透過閣下的分銷商）收取相等於瑞信可贖回籃子股票掛鉤投資的面值的現金款額（減任何現金結算費用）。
user: Please translate the following sentence from English to Chinese: (2) Secondly, in the payment to the holders of the subscriber shares of sums up to the nominal amount paid thereon out of the assets of the Company not comprised within any of the Funds remaining after any recourse thereto under sub-paragraph (c)(1)(A) above.

assistant: (2) 第二，從根據上文第(c)(1)(A)段作出任何追索後餘下的不包含在任何基金內的本公司資產中，向認購者股份持有人支付最多相等於就該等股份支付的面值的金額。
user: Please translate the following sentence from English to Chinese: Types of derivative instruments The Group uses the following derivative ﬁnancial instruments for both trading and hedging purposes:

assistant: 衍生工具類別集團運用下列衍生金融工具作買賣及對沖用途：
user: Please translate the following sentence from English to Chinese: 3. if a transferable security or money market instrument is not traded or admitted on any official stock exchange or an regulated market, or in the case of transferable securities or money market instruments so traded or admitted where the last available price is not representative of their fair market value, the Board or its delegate shall proceed on the basis of their reasonably foreseeable sales price, which shall be valued with prudence and in good faith;

assistant: 3. 若可轉讓證券或貨幣市場工具並非或未獲準在任何正式的證券交易所或受監管巿場進行交易，或若在該等證券交易所或受監管巿場進行交易或獲准進行交易的可轉讓證券或貨幣市場工具所提供的最新價格並不代表公平市值，董事會或其代表應以可合理預見的銷售價格爲基礎，本著審慎原則及真誠進行估值；
user: Please translate the following sentence from English to Chinese: The basic terms of FATCA provisions currently appear to include the Company (or, alternatively, each Sub-Fund) as a ‘Financial Institution’ such that, in order to comply, the Company (or each Sub-Fund) may require all Shareholders to provide mandatory documentary evidence of their U.S. and/or non-U.S. status.

assistant: FATCA 條文的基本條款現時似乎將本公司（或各子基金）列作「金融機構」，因此，爲了合規，本公司（或各子基金）可能要求所有股東提供美國及╱或非美國地位的強制性文件證據。
user: Please translate the following sentence from English to Chinese: Where subscription monies are not enclosed with the application form, settlement is due immediately upon issue of the contract note.

assistant: 如認購款項並無連同申請表格一併附上，則須於成交單據發出之時即時結算。
user: Please translate the following sentence from English to Chinese: PICTET – Global Environmental Opportunities

assistant: 百達－全球環保機遇
user: Please translate the following sentence from English to Chinese: Collateral must be acceptable to the Trustee, adequate and sufficiently immediate.

assistant: 抵押品必須爲信託人所接受、充足及可即時取得。
user: Please translate the following sentence from English to Chinese: means the subscription for Shares at the Net Asset Value per Share.

assistant: 股份認購指以每股資產淨值認購股份。
user: Please translate the following sentence from English to Chinese: or (ii) a trust (where the trustee is not an accredited investor) the sole purpose of which is to hold investments, and each beneficiary of the trust is an individual who is an accredited investor, securities (as defined in section 239(1) of the SFA) of that corporation or the beneficiaries’ rights and interest (howsoever described) in that trust shall not be transferred within six months after that corporation or that trust has acquired the units pursuant to an offer made under section 305 of the SFA except:

assistant: 及 (ii) 其唯一目的爲持有投資項目，而每名信託受益人均爲個人受信投資者的信託（其受託人並非受信投資者）， 該法團或該等受益人之權利及權益（不論如何描述）的證券（按證券法第239(1)條所界定）不得在該法團或該信託已根據證券法第305條提出要約購入單位之日期後六個月內轉讓，惟下列情況除外：
user: Please translate the following sentence from English to Chinese: 6. Repurchase/reverse repurchase agreements do not constitute borrowing or lending for the purposes of Regulation 103 and Regulation 111 of the Regulations respectively.

assistant: 6. 購回／反向購回協議並不構成有關規例第103條及第111條分別所指的借入或借出事項。
user: Please translate the following sentence from English to Chinese: (1) To safely keep the assets of the Fund;

assistant: (1) 安全保管基金資產；
user: Please translate the following sentence from English to Chinese: We conduct our derivative activities through a number of wholly-owned subsidiaries.

assistant: 我們透過若干全資附屬公司進行衍生工具活動。
user: Please translate the following sentence from English to Chinese: No more than 10% of the net asset value of the Fund may be invested in securities traded on any one Developing Market and the aggregate amount of the Fund which may be invested in securities traded on the Developing Markets is 20% of the net asset value of the Fund.

assistant: 此基金不可將超過10%的資產淨值投資於在任何一個發展中市場買賣的證券，而此基金可投資於在發展中市場買賣的證券之總額爲此基金資產淨值的20%。
user: Please translate the following sentence from English to Chinese: The risk factors set out in this document and in the Programme Prospectus cannot disclose or foresee all risks of the Notes.

assistant: 本文件及計劃章程所載的風險因素，不能披露及預計此等債券的所有風險。
user: Please translate the following sentence from English to Chinese: Accordingly, and provided that the Company does not carry on a trade in the United Kingdom through a permanent establishment situated in the United Kingdom for corporation tax purposes, or through a branch or agency situated in the United Kingdom which would bring the Company within the charge to income tax, the Company will not be subject to United Kingdom corporation tax or income tax on income and capital gains arising to it save as noted below in relation to possible withholding tax on certain United Kingdom sourced income.

assistant: 就此，如果本公司不透過就公司稅而言位於英國的永久性機構而且亦不透過可能使本公司承擔所得稅負而位於英國的分支或代理在英國從事交易，則除了下文註明關於對某些來源於英國的收入可能會有的預扣稅外，本公司無須就由其發生的收入及資本增值繳納英國公司稅或所得稅稅項。
user: Please translate the following sentence from English to Chinese: ■ haircuts are applied as determined by the agreement with the counterparty to the transaction to account for liquidity and price volatility, and typically have the levels described in the table below:

assistant: ■扣減率按照與交易對手方的協定所釐定而應用以說明流動性及價格波幅，通常具有下表所載的水平：
user: Please translate the following sentence from English to Chinese: RISK CONSIDERATIONS Following the expansion of the asset classes in which the Company may invest under the Regulations effective on 30 June 2005, each Fund may be subject to risks associated with derivative instruments.

assistant: 風險考慮因素 自2005年6月30日起，隨著本公司可根據有關規例而投資的資產類別範圍有所擴大，每項基金可能須承受與衍生工具相關的風險。