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VL China Fund

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It has come to our notice that someone has been using the name and photograph of our director and Chief Investment Officer, Mr. LAM Siu Yeung, and placing adverts on Facebook offering free investment tutorials and inviting the public to join.
Those adverts are without Mr. LAM’s permission and are completely fake. Mr. LAM has filed a written complaint with Facebook about those false adverts. The SFC has too been notified.

Please be aware that those adverts may be some form of a scam to elicit personal data (including bank account details) from the unsuspecting public. Both Mr. LAM and VL Asset Management Limited reserve the rights to take legal actions against the imposter/ perpetrator. - VL Asset Management Limited, 4 December 2020

This website contains information about VL Asset Management Limited ("VLAM") and the services and funds offered by VLAM.

This website is not directed to any person in any jurisdiction where the publication or availability of the VLAM website is prohibited. Persons in respect of whom such prohibitions apply must not access the VLAM website.

Any document and all the information, material and data set out herein (collectively “the Content”) may contain confidential and/or privileged material and is/are rendered on an entirely without prejudice basis. Any review, retransmission, dissemination, copying, reproduction or other use of, or taking of any action in reliance upon, the Content or any part thereof by any person or entity other than the intended recipient is strictly prohibited. The Content shall not in any way affect or prejudice the respective rights, obligations and liabilities (if any) of VLAM and its affiliates, including VL Trusts, (collectively “the Group”) and any entity or party named, mentioned and/or referred to herein (if the context so permits or requires and where applicable, the Group refers to VLAM). Any rating, certification or award as mentioned and/or appearing in the Content may belong to a particular entity as specified in the Content. Whilst we have endeavored to ensure those parts of the Content that are sourced externally and disclosed as such to be accurate, complete and up-to-date and we have reasonable belief that that is so, readers of this website are encouraged to read more about the markets and investments mentioned herein before making any investment decision.

In particular, reader should be aware of the concentration of the fund's investments in China and Hong Kong giving rise to possibly greater volatility compared with broad-based global funds. You should note too that VLAM, as manager of the fund, is entitled to receive performance fees under certain conditions, that such fees may encourage a manager to make riskier investment decisions than in the absence of performance-based incentive systems and that you should familiarize yourself with the method of calculating such fees.

The Content has been prepared for reference only and neither the information nor any opinion contained herein constitutes a distribution, an offer to sell or the solicitation of an offer by the Group.

Without prejudice to the generality of the foregoing, the Content does not constitute, and may not be used for the purposes of, an offer or solicitation to anyone in any jurisdiction or country in which such offer or solicitation is not authorized or to any person to whom it is unlawful to make such offer or solicitation or where such offer or solicitation would be contrary to law or regulation or which would subject the Group to any registration requirement within such jurisdiction or country.

The Group and persons associated with it may have positions in and/or engage in transactions related to the markets referred to in the Content.

The Group may have relationship with any entity or party named, mentioned and/or referred to herein. Managers of the underlying portfolios may have an equity stake in the underlying portfolios which they manage. Conflicts of interest cannot be ruled out at the level of the underlying portfolios.

To the best of the knowledge, information and belief of the Group, all information contained herein is accurate as at the date of publication.

Under no circumstances may the information contained herein, or any part thereof, be copied, reproduced or redistributed without the express permission and written consent of the Group.

The price of securities (including any unit trust) may go down as well as up and past performance figures shown are not indicative of future performance.

The Group does not accept responsibility for any interference or damage to your own computer system, the records stored thereon or those of any other person, which arises in connection with your use of this website or any linked website. A cookie is utilized on this website. It allows your browser to check whether you have read and agreed to these terms. The cookie does not contain any personally identifiable information. All copyrights reserved and its contents including all information, graphics, code, text and design in this website are owned by the Group and should not be reproduced or distributed without its permission. These terms are governed exclusively by the laws of Hong Kong Special Administrative Region and constitute the entire agreement between you and the Group in relation to the use of this website.

When you access certain links on our website you may leave our website. The Group has not reviewed any of the websites linked to our website and does not endorse or accept any responsibility for the content of such websites nor the products, services or other items offered through these websites.

The Group is committed to maintaining your personal data in accordance with the requirements of the Personal Data (Privacy) Ordinance and will take all reasonable steps to ensure that your personal data is kept secure against unauthorized access, loss, disclosure and destruction. Please be aware that this statement replaces any notice or statement of similar nature issued by the Company previously, pursuant to the Personal Data (Privacy) Ordinance (the “Ordinance”). Our detailed privacy policy statement is available at our website.

VL Asset Management Limited is regulated by the Securities and Futures Commission of Hong Kong (SFC).

This website has not been reviewed by the SFC and may contain information of non-SFC authorized funds issued by VLAM.

SFC authorization is not a recommendation or endorsement of a scheme nor does it guarantee the commercial merits of a scheme or its performance. It does not mean the scheme is suitable for all investors nor is it an endorsement of its suitability for any particular investor or class of investors.

The information contained herein should not be considered to be legal, tax, investment or other advice and each prospective investor should consult his/her own stockbroker, financial adviser, bank manager, solicitor, accountant or other professional adviser in respect of matters concerning his/her investment.

The information is current as at the date of publication but is subject to change without notice.

In case of any discrepancies between the English and Chinese versions of this Content, the former takes precedence.
© Copyright 2020 VL Asset Management Limited. All rights reserved.

以立投资管理有限公司(「本公司」)注意到,近日有人假冒本公司董事兼投资总监林少阳之名义及侵权使用其相片于脸书(Facebook)、IG及whatsApp 刊登广告,招揽公众人士向其索取投资建议或报名参加投资课堂。本公司谨此声明,本公司或林先生概无在本港或海外开办或参与任何线上或线下课程,亦无设立任何群组向公众提供投资建议, 敬请各位切勿向任何可疑人士或组织提供个人资料(包括银行户口资料),亦切勿听信其言, 以免招致损失。


本公司之官方脸书是 https://www.facebook.com/vlasset 。


- 以立投资管理有限公司















以立投資管理有限公司(「本公司」)注意到,近日有人假冒本公司董事兼投資總監林少陽之名義及侵權使用其相片於臉書(Facebook)、IG及whatsApp 刊登廣告,招攬公眾人士向其索取投資貼士或報名參加投資課堂。本公司謹此聲明,本公司或林先生概無在本港或海外開辦或參與任何線上或線下課程,亦無設立任何群組向公眾提供投資建議, 敬請各位切勿向任何可疑人士或組織提供個人資料(包括銀行户口資料),亦切勿聽信其言, 以免招致損失。


本公司之官方臉書是 https://www.facebook.com/vlasset 。 


- 以立投資管理有限公司

(更新日期 : 2023年5月8日)








本集團及聯繫人士或於本內容所提及的市場中持有倉位,及/或可能參與跟該等市場有關的交易。 本集團或與在此被點名、提及和/或指稱的任何實體或人士有關係。相關投資組合之經理人或持有其管理的組合的股權。在相關組合的層面上而言,不排除會出現利益衝突。






本集團根據《個人資料 (私隱) 條例》的規定,竭力保存閣下的個人資料,並將採取一切合理步驟,確保閣下的個人資料獲妥善保存,不會遭受非法使用、遺失、披露及損毀。敬請注意,根據《私隱條例》,本聲明取代可能曾向閣下提供的任何同類性質的通知或聲明。本集團更詳盡的個人資料私隱政策已載於本網站。

以立投資管理有限公司受香港證券及期貨事務監察委員會 (「證監會」)監管。






(更新日期 : 2023年3月8日)