billchoa/3036384256-COMP7607-data huggingface dataset:
user: Please translate the following sentence from English to Chinese: If the Company is liquidated (for whatever reason), the completion of the liquidation of the Company must, in principle, take place within a period of 9 months from the date of the Board decision authorising the liquidation.

assistant: 若本公司基於任何原因而進行清盤，本公司原則上必須在董事會決定授權清盤當天起計九個月內完成清盤。
user: Please translate the following sentence from English to Chinese: In case of Notes that are settled by physical delivery of shares which constitute Hong Kong stock pursuant to the terms and conditions of the Notes, the transfer of such shares to the holders will be chargeable to Hong Kong stamp duty.

assistant: 以實物交付股份（根據票據的條款及條件構成香港股票）結算的票據，轉讓該等股份予持有人須支付香港印花稅。
user: Please translate the following sentence from English to Chinese: In relation to the Funds as set out in the Prospectus, only the following Funds are authorised by the SFC pursuant to Section 104 of the SFO and hence may be offered to the public of Hong Kong:

assistant: 就章程所載基金而言，僅下列基金已獲證監會根據證券及期貨條例第 104 條給予認可，因此可向香港公衆人士發售：
user: Please translate the following sentence from English to Chinese: Investor also receives the potential cash distribution amount for the 6th observation period described above.

assistant: 投資者亦就第六個觀察期收取上文所述的潛在現金派息金額。
user: Please translate the following sentence from English to Chinese: Part 9. Performance of the Fund

assistant: 第九部分基金的業績
user: Please translate the following sentence from English to Chinese: 2 Income generating equity securities include equity securities issued by the companies whose management indicates their intention on future dividend payouts to shareholders.

assistant: 2 可產生收益之股票證券爲其管理層表示有意在未來向股東派息的公司所發行的股票證券。
user: Please translate the following sentence from English to Chinese: In keeping with the change in asset allocation of the underlying investments, the annual management fee would decrease over time as investment in bonds and cash increases.

assistant: 爲配合相關投資的資產組合變動，管理年費將因應債券及現金投資增加而作出調減。
user: Please translate the following sentence from English to Chinese: In addition to the above, pursuant to the fourth protocol to the applicable double tax treaty between the PRC and Hong Kong, an additional capital gain tax protection/ exemption could be sought by qualified tax treaty applicants (including Hong Kong residents and also Hong Kong resident funds as specifically defined).

assistant: 除上文所述外，根據中國及香港之間訂立的適用雙重稅務條約下的第四項協定，合資格稅務條約申請人（包括獲特別定義的香港居民以及香港居民基金）可尋求額外的資本收益稅務保障/ 豁免。
user: Please translate the following sentence from English to Chinese: Class JPMorgan Pacific Technology (acc) - USD Class Currency US dollars

assistant: 類別摩根太平洋科技（美元）（累計）
user: Please translate the following sentence from English to Chinese: The fund will invest primarily in equity securities of companies in Japan. There is no policy to restrict investment to particular economic sectors.

assistant: 基金主要投資於日本公司的股票證券，而且並無政策限制投資於任何特定的經濟行業。
user: Please translate the following sentence from English to Chinese: We are not responsible for the establishment or maintenance of a secondary trading market in our Notes.

assistant: 本公司並無責任建立或維持本公司債券的第二交易市場。
user: Please translate the following sentence from English to Chinese: Instead, any income will be accrued daily in the Net Asset Value per Share of the relevant Class.

assistant: 反而，任何收益將會每日累積，並反映在相關類別的每股資產淨值中。
user: Please translate the following sentence from English to Chinese: Initial Sales charges Class A Shares in the Funds are purchased at their Net Asset Value prices, after deduction of an initial sales charge not exceeding 5% of the amount invested.

assistant: A 類股份首次認購費用 基金的 A 類股份乃按扣除不多於其投資款項 5%的首次認購費後的資產淨值作認購。
user: Please translate the following sentence from English to Chinese: The Sub-Fund will maintain the effective currency exposure to Hong Kong dollars of not less than 30% of its latest available NAV. RCM Oriental Fund aims to provide investors with long-term capital appreciation and income by investing in debt securities, convertible debt securities and equities of companies in the Asia Pacific region including, but not limited to, Japan, Korea, China, Australia, Taiwan and Hong Kong.

assistant: 本附屬基金會將港元實際貨幣風險承擔維持在不少於最新獲悉資產淨值 30%之水平。 RCM東方基金之目標爲透過投資於亞太區、包括, 但不限制於日本、韓國、中國、澳洲、臺灣及香港公司之債務證券、可換股債務證券及股票，以取得長期資本增值與收入。
user: Please translate the following sentence from English to Chinese: Valuation:

assistant: 估值：
user: Please translate the following sentence from English to Chinese: The total assets of the third party structured entities are not considered meaningful for the purposes of understanding the related risks since they are neither representative of the Group’s exposure nor the income earned, and so have not been presented.

assistant: 由於第三方結構性實體的資產總額並不代表集團的風險或所賺取的收益，故就瞭解相關風險而言被視爲並無意義，因此未有呈列。
user: Please translate the following sentence from English to Chinese: 1 Please note that the website has not been reviewed by the SFC.

assistant: 1 請注意，此網頁未經證監會審覈。
user: Please translate the following sentence from English to Chinese: Market timers may also include individuals or groups of individuals whose securities transactions seem to follow a timing pattern or are characterised by frequent or large exchanges.

assistant: 進行選時交易的人士亦可包括按某時間模式進行證券交易，或頻密地或大手地進行證券交易的個別或一羣人士。
user: Please translate the following sentence from English to Chinese: How an investor instructs its Distributor to vote on its behalf will depend on the arrangements between it and its Distributor.

assistant: 投資者如何給予分銷商指示代表其投票，將取決於投資者與其分銷商之間的安排。
user: Please translate the following sentence from English to Chinese: Ongoing fees payable by the Fund The following expenses will be paid out of the Fund. They affect you because they reduce the return you get on your investments.

assistant: 本基金持續繳付的費用 以下開支將從本基金中扣除，閣下的投資回報將會因而減少。
user: Please translate the following sentence from English to Chinese: invest in fixed-interest securities which carry a rating of BBB- or above (as rated by Standard & Poor’s) or Baa3 or above (as rated by Moody’s Investors Services Inc.) or which in the opinion of the Manager would be rated in the range of such rating and fulfill the minimum credit rating requirements set out by MPFA and broadly diversified, for example in terms of the number of issuers.

assistant: 投資於評級達到BBB-或以上（標準普爾評級）或Baa3或以上（穆迪投資者服務評級）或管理人認爲可獲得該評級範圍的評級並符合積金局所載最低信貸評級規定且廣泛多元化（例如在發行人數目方面）的定息證券。
user: Please translate the following sentence from English to Chinese: A property may decrease in economic value if the property market in the affected area is affected over the long term, and it becomes difficult or impossible to find tenants.

assistant: 若受影響區域的房地產市場長期受到影響，房地產的經濟價值或會下降，以致難以或無法覓得租戶。
user: Please translate the following sentence from English to Chinese: Redemption at Maturity

assistant: 到期日的贖回方式
user: Please translate the following sentence from English to Chinese: In this context, Shareholders may be required to provide identity, residency and citizenship information to the Funds which, for those who meet the criteria of a reportable account under FATCA, may be provided by the Funds to the Luxembourg tax authorities and subsequently to the U.S. tax authorities together with annual income and transaction information.

assistant: 就此而言，股東可能需要向各基金提供身份證明、居住及公民身份資料，而就根據FATCA符合可申報賬戶條件的股東而言，該等資料可能由各基金向盧森堡稅務機關提供，其後連同年度收入及交易資料提供予美國稅務機關。
user: Please translate the following sentence from English to Chinese: (iv) government involvement in the private sector;

assistant: (iv) 政府對私人界別的干預；
user: Please translate the following sentence from English to Chinese: Policies and procedures have been established to facilitate the exercise of judgement in determining the risk characteristics of various financial instruments, discount rates, estimates of future cash flows and other factors used in the valuation process.

assistant: 政策及程序已予制定，以便於在釐定各類金融工具的風險特徵、貼現率、未來現金流量估計及估值過程中使用的其他因素時作出判斷。
user: Please translate the following sentence from English to Chinese: c) they undergo regular yield adjustments in line with money market conditions at least every 397 days;

assistant: c) 定期調整孳息，按貨幣市場的狀況，最少每隔397日作出調整；
user: Please translate the following sentence from English to Chinese: The Fund has no particular industry/sector, currency of denomination or market capitalization focus regarding the underlying bonds.

assistant: 基金的相關債券並沒有側重於特定行業╱界別、計值貨幣或市值。
user: Please translate the following sentence from English to Chinese: (1) if any such day is a Disrupted Day, the relevant Scheduled Trading Day shall be the first succeeding Scheduled Trading Day which is not a Disrupted Day, unless each of the eight Scheduled Trading Days immediately following the original Scheduled Trading Day is a Disrupted Day.

assistant: (1) 倘若任何該日爲中斷日，則有關原定交易日將爲並非中斷日的首個接續原定交易日，除非緊隨原本原定交易日後八個原定交易日每日均爲中斷日。
user: Please translate the following sentence from English to Chinese: Currently, more than 90% of CNY bond trading activity takes place in the CIBM, and the main products traded in this market include government bonds, enterprise bonds, policy bank bonds, and medium term notes.

assistant: 現時，超過 90% 人民幣 (CNY) 債券交易活動於中國銀行間債券市場進行，在此市場交易的主要產品包括政府債券、企業債券、政策銀行債券和中線票據。
user: Please translate the following sentence from English to Chinese: The Investment Manager was originally registered as a FII with SEBI on November 01, 1999, under registration number IN-US-FA-0588-99.

assistant: 投資管理人最初於一九九九年十一月一日於 SEBI 註冊爲 FII，註冊號碼爲 IN-US-FA-0588-99。
user: Please translate the following sentence from English to Chinese: The Fund Manager does not entrust or authorize any other person to provide any information that is not set out in this Prospectus or to make any explanation or clarification of this Prospectus.

assistant: 本基金管理人沒有委託或授權任何其他人提供未在本招募說明書中載明的信息，或對本招募說明書作任何解釋或者說明。
user: Please translate the following sentence from English to Chinese: The Fund may invest in mainland China through RQFII schemes or Regulated Markets (including the CIBM via Bond Connect).

assistant: 本基金可通過 RQFII 計劃或受監管市場投資於中國大陸（包括通過債券通投資中國銀行間債券市場）。
user: Please translate the following sentence from English to Chinese: Please check with the relevant local sub-distributors for further details.

assistant: 請向當地相關的子分銷商查詢，以瞭解進一步詳情。
user: Please translate the following sentence from English to Chinese: In case where a specific portfolio enters into repurchase agreements and/or reverse repurchase agreements, the maximum and the expected proportions of the portfolio’s assets under management that could be subject to such transactions are disclosed in the relevant part of Section I of the prospectus relating to such portfolio.

assistant: 倘特定基金訂立回購協議及／或逆回購協議，則該基金可進行該等交易的管理資產的最高及預期比例於認購章程第 I 部分有關該基金的相關部分披露。
user: Please translate the following sentence from English to Chinese: The costs or expense ratio may also exceed the costs or total expense ratio (if so described) in this HK Prospectus and/or and in the Product Key Facts Statement of the relevant Sub-Fund.

assistant: 成本或開支比率亦可能超過本香港基金章程及╱或相關附屬基金產品資料概要所述（如有）的成本或總開支比率。
user: Please translate the following sentence from English to Chinese: For example, if the transaction costs to be incurred by the Tracker Fund of Hong Kong in performing adjustments of the nature just mentioned would outweigh the anticipated reduction those adjustments could bring about in the tracking error in question, those adjustments may not be made.

assistant: 例如，倘若盈富基金作出上述性質的調整時所產生之交易成本，將會抵銷預計該等調整可使追蹤誤差減少所產生之效益，便不會作出有關調整。
user: Please translate the following sentence from English to Chinese: Investors are encouraged to consult their independent financial advisors regarding the suitability of Shares of the Portfolio for their investment needs. Distributions The Board currently does not intend to pay dividends with respect to the Shares.

assistant: 有關本基金的股份是否適合其投資需要，投資者敬請諮詢其獨立財務顧問。 派息董事會現時無意就此等股份派付股息。
user: Please translate the following sentence from English to Chinese: Any other fees and charges are described in the Hong Kong Prospectus.

assistant: 所有其他費用及收費詳情載於香港認購章程。
user: Please translate the following sentence from English to Chinese: Citibank’s global custodial network covers all mature and major emerging markets.

assistant: 花旗銀行的全球託管網絡覆蓋所有成熟及主要新興市場。
user: Please translate the following sentence from English to Chinese: Even if tax provisions are made, such provisions may be more than or less than a sub-fund's actual Indian tax liabilities and it is possible that such tax provisions made by the Company may be insufficient.

assistant: 即使作出稅務撥備，有關撥備可能會超過或低於附屬基金的實際印度稅收負債，並且本公司作出稅務撥備可能不足。
user: Please translate the following sentence from English to Chinese: — The investor receives the asset amount of 4,700 shares of reference stock B on the settlement date.

assistant: －投資者於結算日期收取資產額 4,700 股參考股票 B 股份。
user: Please translate the following sentence from English to Chinese: The ACD may or may not dispose of the securities, subject to the investment objectives of the relevant Fund.

assistant: 受權公司董事或會或不會出售該等證券，惟須受相關基金的投資目標規限。
user: Please translate the following sentence from English to Chinese: otherwise both SZSE and SSE will reject the sell order concerned. SEHK will carry out pre-trade checking on China A-Shares sell orders of its participants (i.e. the stock brokers) to ensure there is no over-selling. Clearing, settlement and custody risks The Hong Kong Securities Clearing Company Limited, a wholly-owned subsidiary of HKEx (“HKSCC”) and ChinaClear established the clearing links and each is a participant of each other to facilitate clearing and settlement of cross-boundary trades.

assistant: 聯交所將於交易進行前檢查其參與者（即股票經紀）的中國 A 股賣盤指令，以確保不會發生超賣情況。 結算、交收及託管風險 香港中央結算有限公司（「香港結算」，香港交易所全資附屬公司）及中國結算已建立滬港結算通，並互相成爲對方的參與者，以促進跨境交易的結算及交收。
user: Please translate the following sentence from English to Chinese: Equity Linked Interest Notes and Index Linked Interest Notes (collectively “Linked Interest Notes”) and Floating Rate Notes may also have a maximum interest rate, a minimum interest rate or both.

assistant: 股票掛鉤利息票據及指數掛鉤利息票據（統稱「掛鉤利息票據」）及浮息票據亦可設有利率上限、利率下限或兩者兼有。
user: Please translate the following sentence from English to Chinese: None of the Charged Assets are obligations of DBS Bank Ltd or guaranteed by it.

assistant: 已抵押資產並非星展銀行有限公司的債務，星展銀行有限公司亦無就已抵押資產作出擔保。
user: Please translate the following sentence from English to Chinese: (iii) prior to launch, provide advice to the Board of Directors of the Manager as regards the identification of the risk profile of each Sub-Fund;

assistant: (iii) 於推出前，向基金經理的董事會提供關於識別各子基金風險狀況的意見；
user: Please translate the following sentence from English to Chinese: The Management Company may delegate part or all of such functions to third parties, subject to its overall control and supervision.

assistant: 在管理公司的全面控制及監督下，管理公司可將上述部份或所有職能轉授予第三方。
user: Please translate the following sentence from English to Chinese: These expenses are payable by you before the fixed number of the Linked Stock will be delivered to you on the Maturity Date.

assistant: 閣下須於到期日獲交付固定數目的掛鉤股票前支付該等開支。
user: Please translate the following sentence from English to Chinese: The Portfolio may invest in structured securities (both Investment Grade and nonInvestment Grade) originated by a wide range of originators and sponsors. Structured securities may include non-agency (i.e., privately issued) mortgage-backed securities (“MBS”) and adjustable-rate mortgage securities (“ARMS”) and collateralized mortgage obligations ("CMOs"), as well as other asset-backed securities (“ABS”), commercial mortgagebacked securities (“CMBS”) and collateralized debt obligations (“CDOs”) and related financial derivative instruments and currencies.

assistant: 本基金可投資於多種創始人及保薦人所發行的結構化證券（包括投資級別和非投資級別）。 結構化證券可包括非代理（即私人發行）按揭擔保證券（「MBS」）、可調整利率按揭證券（「ARMS」）、抵押按揭債務（「CMO」）、其他資產擔保證券（「 ABS 」）、商業抵押擔保證券（「CMBS」）、抵押債務（「CDOs」）及相關金融衍生工具及貨幣。
user: Please translate the following sentence from English to Chinese: (b) No instrument of transfer may be given in respect of more than one Class.

assistant: (b) 任何轉讓文據僅可就一個類別的股份而發出。
user: Please translate the following sentence from English to Chinese: You should not invest in this product based on this statement alone.

assistant: 閣下不應單憑本概要而決定投資於這項產品。
user: Please translate the following sentence from English to Chinese: No money should be paid to any intermediary in Hong Kong which is not licensed or registered to carry on the Type 1 (dealing in securities) regulated activity under Part V of the Securities and Futures Ordinance in Hong Kong.

assistant: 申請人亦不得支付款項予香港任何並沒有根據香港證券及期貨條例第 V 部份被髮牌或註冊從事第一類受規管活動（買賣證券）的中介人。
user: Please translate the following sentence from English to Chinese: Circumstances for Possible Rejection or Suspension of Subscription The Manager may suspend or reject subscription of units in certain circumstances as permitted and described in the Prospectus.

assistant: 可能拒絕或暫停申購的情況管理人可能於本基金招募說明書批准及說明的若干情況下暫停或拒絕申購單位。
user: Please translate the following sentence from English to Chinese: iii) The Fund may not invest in any type of physical commodities or commodities based investments.

assistant: iii) 基金不可投資任何類型之實物商品或以商品爲基礎之投資。
user: Please translate the following sentence from English to Chinese: Principal investments The Sub-Fund will invest 70% to 100% of its net asset value in a portfolio of USD, EUR or HKD denominated or offshore RMB denominated (“Dim Sum” bonds, i.e. bonds issued outside China but denominated in RMB) offshore high yield debt securities issued or traded in the global debt securities markets;

assistant: 主要投資 子基金會將其 70%至 100% 的資產淨值投資於在全球債務證券市場發行或買賣的美元、歐元或港元計價或境外人民幣計價（「點心」債券，即在中國境外發行但以人民幣計價的債券）的離岸高收益債務證券投資組合；
user: Please translate the following sentence from English to Chinese: The results of the back-testing on the actual and the hypothetical P&L are regularly reported to the Dutch central bank.

assistant: 回測在實際及假設P&L上的結果定期向荷蘭中央銀行報告。
user: Please translate the following sentence from English to Chinese: Derivatives transacted for hedging purposes UBS AG enters into derivative transactions for the purposes of hedging risks inherent in assets, liabilities and forecast transactions.

assistant: 作對沖用途交易的衍生工具 瑞士銀行就對沖資產、負債及預計進行的交易內在風險訂立衍生工具交易。
user: Please translate the following sentence from English to Chinese: Capital Structure Risk. CoCo bonds are generally issued in the form of subordinated debt instruments, and therefore, in the event of liquidation, dissolution or winding-up of an issuer prior to a conversion having occurred, the rights and claims of the holders of the CoCo bonds will generally rank junior to the claims of all holders of unsubordinated obligations of the issuer.

assistant: 資本結構風險。 或有可轉換債券通常以後償債務工具的形式發行，因此倘發行人在轉換前清算、解散或清盤，或有可轉換債券持有人的權利和申索通常排在發行人非後償債務之所有持有人的申索之後。
user: Please translate the following sentence from English to Chinese: Eligible Investments acquired using the proceeds of redemption of the relevant Original Underlying Securities and any Reinvested Eligible Investments will also be denominated in United States dollars.

assistant: 使用贖回有關原指定證券及任何再投資合資格投資的所得款項購入的合資格投資亦將會以美元列值。
user: Please translate the following sentence from English to Chinese: In certain circumstances this proportion may be higher.

assistant: 在特定情況下，該比例可能更高。
user: Please translate the following sentence from English to Chinese: Such prices, and the trading value of the Notes, may be equal to, higher or lower than the Issue Price of the Notes, and will vary depending on many factors, including (without limitation) prevailing interest rates, general market conditions, the respective financial conditions of the Issuer and the Guarantor and the market value of the Equity Issuers and the market (if any) for any securities of a nature comparable to that of the Notes.

assistant: 該等價格和票據的交易價可能相等於、高於或低於票據的發行價，並會受到多種因素影響變動，包括（但不限於）當時通行利率、一般市場狀況、發行人及擔保人各自的財務狀況，以及股票發行人的市值及任何性質可與票據比較的證券的市場（如有）。
user: Please translate the following sentence from English to Chinese: He also takes the lead in ensuring that the Board acts in the best interests of the Bank.

assistant: 他亦以身作則，確保董事會行事符合本行的最佳利益。
user: Please translate the following sentence from English to Chinese: d) Distributors’ Agreements

assistant: d) 分銷商協議
user: Please translate the following sentence from English to Chinese: (i) the Revised Divestment Fee Structure and 595,123,702 (ii) the Divestment Fee Amendments as set out in the (99.97%) Circular.

assistant: 1. 批准通函所載的(i)經修訂出售費用架構及(ii)出售費 595,123,702 用修訂。
user: Please translate the following sentence from English to Chinese: Companies in Mainland China are required to follow the Chinese accounting standards and practice which, to a certain extent, follow international accounting standards.

assistant: 中國大陸的公司須遵循中國會計標準和慣例，而中國會計標準和慣例在某程度上是遵循國際會計標準的。
user: Please translate the following sentence from English to Chinese: 4.22 Investment in Russia The relative infancy of the Russian governmental and regulatory framework may expose investors to various political (including civil conflicts and war) and economic risks.

assistant: 4.22 於俄羅斯之投資 俄羅斯之政府及監管制度相對仍處初期，投資者可能面對不同的政治（包括國內衝突及戰爭）及經濟風險。
user: Please translate the following sentence from English to Chinese: Any such agreement on behalf of the Fund will be made by its Directors, except as noted in part IV above. Copies of this Prospectus and the latest audited annual report and accounts and unaudited semi-annual report and accounts of the Fund are available for inspection and may be obtained free of charge upon request from the registered office of FIMHK.

assistant: 除第IV部份另有註明外，此等協議均須由董事代表本基金訂立。 本認購章程及本基金最新經審覈的年報與帳目及未經審覈的半年報告與帳目可供查閱，並可在香港富達基金的註冊辦事處免費索取。
user: Please translate the following sentence from English to Chinese: HSBC GLOBAL INVESTMENT FUNDS – GEM EQUITY VOLATILITY FOCUSED  Base Currency USD  Investment Objective From 28th May 2018 The sub-fund aims to provide long term total return by investing in a portfolio of Emerging Market equities.

assistant: 滙豐環球投資基金－環球新興市場股票專注波幅 ►基本貨幣美元 ►投資目標自 2018 年 5 月 28 日起 本附屬基金旨在透過投資新興市場股票組合，提供長期總回報。
user: Please translate the following sentence from English to Chinese: (i) market risk of the sector or market tracked by the relevant index Each of such Constituent Funds tracks an underlying index by investing in an Approved Index-Tracking Fund.

assistant: （i）相關指數跟蹤的行業或市場的市場風險 該等成分基金各自藉投資於覈准緊貼指數基金跟蹤基礎指數。
user: Please translate the following sentence from English to Chinese: The classifications of risk/return profile will be reviewed by the Manager on an annual basis and are provided for reference only.

assistant: 風險╱回報之分類由基金經理每年檢討，並僅供參考之用。
user: Please translate the following sentence from English to Chinese: Financial derivative instruments include those which have equities or equity related securities as their underlying exposure, but the Funds may also invest in swaps, forwards (including futures), options and contracts for differences, and the Funds may also implement bought (long) and synthetic sold (short) positions through the use of such financial derivative instruments.

assistant: 金融衍生工具包括以股票或與股票有關的證券作爲相關投資的金融衍生工具，但此等基金亦可投資於掉期、遠期合約（包括期貨）、期權及差價合約，亦可透過使用該等金融衍生工具執行買入（長倉）及合成沽出（短倉）。
user: Please translate the following sentence from English to Chinese: Securities lending involves the risk that the borrower may fail to return the securities in a timely manner or at all.

assistant: 證券借貸涉及借貸人可能無法如期歸還甚至不歸還證券的風險。
user: Please translate the following sentence from English to Chinese: Northbound Trading buy orders will be suspended once the aggregate foreign shareholding reaches 28% and will resume when it drops back to 26%.

assistant: 一旦境外持股量合計達到28%時，將暫停北向交易的買盤指令，並於回落至26%恢復。
user: Please translate the following sentence from English to Chinese: Investments will include, but are not limited to, health care and consumer industries companies that stand to benefit from the effects of growing life expectancy in ageing populations, and the creation of wealth in emerging markets.

assistant: 投資可包括但不限於健康護理及消費行業的公司，這些公司料將受惠於人口老化及平均壽命延長，以及新興市場累積財富增長。
user: Please translate the following sentence from English to Chinese: This may cause the value of such downgraded bonds to fall significantly and subsequently have greater price volatility and greater risk of loss of principal and interest than non-downgraded securities.

assistant: 這可能令該等被下調評級的債券的價值大幅下跌，繼而價格出現更大的波動，且損失本金及利息的風險亦會大於未被下調評級的證券。