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Since the low of early November 2008 the Morgan Stanley A Fund has marked a gain of almost 70%. The fund is required to invest at least 80% of its assets in A-shares of Chinese companies listed on the Shanghai and Shenzhen Stock Exchange as opposed to the China 25 FXI index fund which is comprised of China shares listed in Hong Kong. Even with this eye-catching return over the past few months it could still be early days.
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