What is PAIF?
PAIF, the abbreviation of ABF Pan Asia Bond Index Fund, is a collective investment fund domiciled in Singapore and listed on the Stock Exchange of Hong Kong Limited (Stock Exchange). PAIF holds a portfolio of Asian government and quasi-government local currency bonds designed to provide investment results that closely correspond to, or track, the performance of the iBoxx ABF Pan-Asia Index. With only a single transaction in PAIF, investors can gain cost-effective exposure to eight bond markets in Asia, namely China, Hong Kong, Indonesia, Korea, Malaysia, Philippines, Singapore, and Thailand.
