Please upgrade your browser

In order to have the best possible experience on www.valuepartners-group.com, we recommend that you upgrade to a newer version or switch to a different browser.

Need help?

Please select your location so that we are able to display the fund information relevant to your investor type.

You are now logged on. Manage Profile | Change Password | Logout
Login | Register
Need help?

Please select your location so that we are able to display the fund information relevant to your investor type.

You are now logged on. Manage Profile | Change Password | Logout
Login | Register
Loading...
Currently browsing:


Value Partners Fund Series –
Value Partners Asian Total Return Bond Fund

Other Funds

    • Risk Disclosure
      • Value Partners Asian Total Return Bond Fund (the “Fund”) primarily invests in fixed income securities issued by any Asia Pacific governments, government agencies, supra-nationals, banks or companies which derive substantial revenue from or have significant business or economic activities in Asia Pacific or are denominated in any Asia Pacific currency.
      • The Fund primarily invests in the Asia Pacific markets and therefore is subject to emerging market and concentration risks. Generally, investments in emerging markets are more volatile than investments in developed markets due to additional risks relating to political, social, economic and regulatory uncertainty. Adverse development in such region may affect the value of the underlying securities in which the Fund invests.
      • The Fund may also invest in PRC interbank bond market via Bond Connect and is therefore subject to regulatory risks and various risks such as volatility risk, liquidity risk, settlement and counterparty risk. The relevant rules and regulations on investment in the PRC interbank bond market via Bond Connect are subject to change and may adversely impact the Fund.
      • The Fund may invest in high yielding securities which may be unrated or below investment grade and financial derivative instruments. The Fund is therefore exposed to additional risks, including volatility risk, valuation risk, leverage risk, liquidity risk, correlation risk, counterparty/credit risk, legal risk, over-the-counter transaction risk and settlement risk.
      • In respect of the distribution shares for the Fund, the Manager currently intends to make monthly dividend distribution. However, the distribution rate is not guaranteed. Distribution yield is not indicative of the return of the Fund. Distribution may be paid from capital of the Fund. Investors should note that where the payment of distributions are paid out of capital, this represents and amounts to a return or withdrawal of part of the amount you originally invested or capital gains attributable to that and may result in an immediate decrease of the net asset value per share of the Fund.
      • You should not make investment decision on the basis of this material alone. Please read the explanatory memorandum for details and risk factors.
    Back to Product Overview Page

    Performance Update as at 21-05-2019

    Performance Update

    Performance Since Launch as at 21-05-2019

    Performance Since Launch

    Source: HSBC Institutional Trust Services (Asia) Limited and Bloomberg, in US dollar, NAV to NAV, with dividends reinvested. Performance data is net of all fees.

    Please note that investment involves risks. The unit price of the Fund may go down as well as up and the past performance presented is not indicative of future performance and investors may not get back the full amount invested. Investors should refer to the explanatory memorandum of the Fund for further details and the risk factors in particular those involved in investing in emerging markets prior to the subscription of the units of the Fund.

    Investment objectives

    The Fund aims to provide a competitive total return, consisting of income and capital growth over the medium to longer term, by investing primarily in fixed income securities issued by any Asia Pacific governments, government agencies, supra-nationals, banks or companies which derive substantial revenue from or have significant business or economic activities in Asia Pacific or are denominated in any Asia Pacific currency.

     

    Fund manager

    Value Partners Hong Kong Limited

    Trustee

    HSBC Institutional Trust Services (Asia) Limited

    Launch date

    09-04-2018

    Fund sizeUSD71.85 million ( as at 22-05-2019 )
    Share classes

    Class A Hedged classes:
    (Acc or MDis shares) – AUD/CAD/NZD/RMB/SGD

    Class A Unhedged classes:
    (Acc or MDis shares) – HKD/RMB/USD

     

    Minimum subscription

    Class A: USD10,000 or equivalent

    Minimum subsequent subscription

    Class A: USD5,000 or equivalent

    Subscription fee

    Class A: Up to 5% 

    Management fee

    Class A: 1.25% per annum

    Performance fee

    Nil

    Dealing frequency

    Daily

    Dividend policy*

    Monthly distribution, if any (MDis)

    Print

    *The manager intends to declare and pay monthly dividends equal to all or substantially all of the net income attributable to each of the Distribution Classes. However, there is neither a guarantee that such dividends will be made nor will there be a target level of dividend payout. No dividends will be paid with respect to the Accumulation Classes. Distribution may be paid from capital of the Fund. Investors should note that where the payment of distributions are paid out of capital, this represents and amounts to a return or withdrawal of part of the amount that have been originally invested or capital gains attributable to that and may result in an immediate decrease in the value of units. Please refer to the Explanatory Memorandum for further details including the distribution policy.

    To read the latest dividend schedule, please click here.

    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.

    Please note that investment involves risks. The unit price of the Fund may go down as well as up and the past performance of the Fund does not indicate future return. Investors should refer to the explanatory memorandum of the Fund for further details and the risk factors in particular those involved in investing in emerging markets prior to the subscription of the units of the Fund.

    
    Loading...
    Type of DocumentDateDownload
    From
    To
    Print
    Date

    		Class A Acc USD Unhedged

    		Class A Acc HKD Unhedged

    		Class A MDis USD Unhedged

    		Class A MDis AUD Hedged

    		Class A MDis CAD Hedged

    		Class A MDis HKD Unhedged

    		Class A MDis NZD Hedged

    		Class A MDis RMB Hedged

    		Class A MDis RMB Unhedged

    Dividend history of - Class A MDis USD Unhedged

    Ex-dividend dateEx-dividend date NAV ( USD )Dividend per unit ( USD )*Annualized yield#
    2019-04-3030-04-20199.980.04575.5 %
    2019-03-2929-03-20199.960.04575.5 %
    2019-02-2828-02-20199.750.04575.6 %
    2019-01-3131-01-20199.680.04575.7 %
    2018-12-3131-12-20189.620.04575.7 %
    2018-11-3030-11-20189.580.04575.7 %
    2018-10-3131-10-20189.620.04575.7 %
    2018-09-2828-09-20189.730.04575.6 %
    2018-08-3131-08-20189.760.04575.6 %
    2018-07-3131-07-20189.760.04575.6 %
    2018-06-2929-06-20189.770.04575.6 %
    2018-05-3131-05-20189.910.04575.5 %

    Dividend history of - Class A MDis AUD Hedged

    Ex-dividend dateEx-dividend date NAV ( AUD )Dividend per unit ( AUD )*Annualized yield#
    2019-04-3030-04-20199.930.04155.0 %
    2019-03-2929-03-20199.910.04565.5 %
    2019-02-2828-02-20199.710.04565.6 %
    2019-01-3131-01-20199.660.04565.7 %
    2018-12-3131-12-20189.610.04565.7 %
    2018-11-3030-11-20189.580.04565.7 %
    2018-10-3131-10-20189.590.04565.7 %
    2018-09-2828-09-20189.690.04565.6 %
    2018-08-3131-08-20189.730.04565.6 %
    2018-07-3131-07-20189.730.04565.6 %
    2018-06-2929-06-20189.750.04565.6 %
    2018-05-3131-05-20189.890.04565.5 %

    Dividend history of - Class A MDis CAD Hedged

    Ex-dividend dateEx-dividend date NAV ( CAD )Dividend per unit ( CAD )*Annualized yield#
    2019-04-3030-04-20199.910.03974.8 %
    2019-03-2929-03-20199.860.04295.2 %
    2019-02-2828-02-20199.660.04295.3 %
    2019-01-3131-01-20199.600.04295.4 %
    2018-12-3131-12-20189.550.04295.4 %
    2018-11-3030-11-20189.510.04295.4 %
    2018-10-3131-10-20189.550.04295.4 %
    2018-09-2828-09-20189.670.04295.3 %
    2018-08-3131-08-20189.710.04295.3 %
    2018-07-3131-07-20189.710.04295.3 %
    2018-06-2929-06-20189.730.04295.3 %
    2018-05-3131-05-20189.870.04295.2 %

    Dividend history of - Class A MDis HKD Unhedged

    Ex-dividend dateEx-dividend date NAV ( HKD )Dividend per unit ( HKD )*Annualized yield#
    2019-04-3030-04-20199.970.04575.5 %
    2019-03-2929-03-20199.960.04575.5 %
    2019-02-2828-02-20199.740.04575.6 %
    2019-01-3131-01-20199.670.04575.7 %
    2018-12-3131-12-20189.590.04575.7 %
    2018-11-3030-11-20189.540.04575.7 %
    2018-10-3131-10-20189.610.04575.7 %
    2018-09-2828-09-20189.690.04575.7 %
    2018-08-3131-08-20189.760.04575.6 %
    2018-07-3131-07-20189.750.04575.6 %
    2018-06-2929-06-20189.770.04575.6 %
    2018-05-3131-05-20189.910.04575.5 %

    Dividend history of - Class A MDis NZD Hedged

    Ex-dividend dateEx-dividend date NAV ( NZD )Dividend per unit ( NZD )*Annualized yield#
    2019-04-3030-04-20199.850.04034.9 %
    2019-03-2929-03-20199.790.04615.7 %
    2019-02-2828-02-20199.600.04615.8 %
    2019-01-3131-01-20199.560.04615.8 %
    2018-12-3131-12-20189.500.04615.8 %
    2018-11-3030-11-20189.470.04615.8 %
    2018-10-3131-10-20189.510.04615.8 %
    2018-09-2828-09-20189.630.04615.7 %
    2018-08-3131-08-20189.670.04615.7 %
    2018-07-3131-07-20189.660.04615.7 %
    2018-06-2929-06-20189.680.04615.7 %
    2018-05-3131-05-20189.820.04615.6 %

    Dividend history of - Class A MDis RMB Hedged

    Ex-dividend dateEx-dividend date NAV ( CNH )Dividend per unit ( CNH )*Annualized yield#
    2019-04-3030-04-20199.830.04685.7 %
    2019-03-2929-03-20199.810.05827.1 %
    2019-02-2828-02-20199.620.05827.3 %
    2019-01-3131-01-20199.580.05827.3 %
    2018-12-3131-12-20189.530.05827.3 %
    2018-11-3030-11-20189.500.05827.4 %
    2018-10-3131-10-20189.550.05827.3 %
    2018-09-2828-09-20189.650.05827.2 %
    2018-08-3131-08-20189.700.05827.2 %
    2018-07-3131-07-20189.740.05827.2 %
    2018-06-2929-06-20189.760.05827.2 %
    2018-05-3131-05-20189.900.05827.1 %

    Dividend history of - Class A MDis RMB Unhedged

    Ex-dividend dateEx-dividend date NAV ( CNH )Dividend per unit ( CNH )*Annualized yield#
    2019-04-3030-04-201910.700.05005.6 %
    2019-03-2929-03-201910.630.04655.2 %
    2019-02-2828-02-201910.350.04655.4 %
    2019-01-3131-01-201910.330.04655.4 %
    2018-12-3131-12-201810.510.04655.3 %
    2018-11-3030-11-201810.550.04655.3 %
    2018-10-3131-10-201810.640.04655.2 %
    2018-09-2828-09-201810.610.04655.3 %
    2018-08-3131-08-201810.590.04655.3 %
    2018-07-3131-07-201810.580.04655.3 %
    2018-06-2929-06-201810.270.04655.4 %
    2018-05-3131-05-201810.050.04655.6 %

    *The manager intends to declare and pay monthly dividends equal to all or substantially all of the net income attributable to each of the Distribution Classes. However, there is neither a guarantee that such dividends will be made nor will there be a target level of dividend payout. No dividends will be paid with respect to the Accumulation Classes. Distribution may be paid from capital of the Fund. Investors should note that where the payment of distributions are paid out of capital, this represents and amounts to a return or withdrawal of part of the amount that have been originally invested or capital gains attributable to that and may result in an immediate decrease in the value of units. Please refer to the Explanatory Memorandum for further details including the distribution policy.

    To read the latest dividend schedule, please click here.

    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.

    Please note that investment involves risks. The unit price of the Fund may go down as well as up and the past performance of the Fund does not indicate future return. Investors should refer to the explanatory memorandum of the Fund for further details and the risk factors in particular those involved in investing in emerging markets prior to the subscription of the units of the Fund.

    • Risk Disclosure

      • Value Partners Asian Total Return Bond Fund (the “Fund”) primarily invests in fixed income securities issued by any Asia Pacific governments, government agencies, supra-nationals, banks or companies which derive substantial revenue from or have significant business or economic activities in Asia Pacific or are denominated in any Asia Pacific currency.
      • The Fund primarily invests in the Asia Pacific markets and therefore is subject to emerging market and concentration risks. Generally, investments in emerging markets are more volatile than investments in developed markets due to additional risks relating to political, social, economic and regulatory uncertainty. Adverse development in such region may affect the value of the underlying securities in which the Fund invests.
      • The Fund may also invest in PRC interbank bond market via Bond Connect and is therefore subject to regulatory risks and various risks such as volatility risk, liquidity risk, settlement and counterparty risk. The relevant rules and regulations on investment in the PRC interbank bond market via Bond Connect are subject to change and may adversely impact the Fund.
      • The Fund may invest in high yielding securities which may be unrated or below investment grade and financial derivative instruments. The Fund is therefore exposed to additional risks, including volatility risk, valuation risk, leverage risk, liquidity risk, correlation risk, counterparty/credit risk, legal risk, over-the-counter transaction risk and settlement risk.
      • In respect of the distribution shares for the Fund, the Manager currently intends to make monthly dividend distribution. However, the distribution rate is not guaranteed. Distribution yield is not indicative of the return of the Fund. Distribution may be paid from capital of the Fund. Investors should note that where the payment of distributions are paid out of capital, this represents and amounts to a return or withdrawal of part of the amount you originally invested or capital gains attributable to that and may result in an immediate decrease of the net asset value per share of the Fund.
      • You should not make investment decision on the basis of this material alone. Please read the explanatory memorandum for details and risk factors.

    • Performance

      Performance Update

      Performance Update

      Performance Since Launch as at 21-05-2019

      Performance Since Launch

    • Fund Facts

      Investment objectives

      The Fund aims to provide a competitive total return, consisting of income and capital growth over the medium to longer term, by investing primarily in fixed income securities issued by any Asia Pacific governments, government agencies, supra-nationals, banks or companies which derive substantial revenue from or have significant business or economic activities in Asia Pacific or are denominated in any Asia Pacific currency.

       

      Fund manager

      Value Partners Hong Kong Limited

      Trustee

      HSBC Institutional Trust Services (Asia) Limited

      Launch date

      09-04-2018

      Fund sizeUSD71.85 million ( as at 22-05-2019 )
      Share classes

      Class A Hedged classes:
      (Acc or MDis shares) – AUD/CAD/NZD/RMB/SGD

      Class A Unhedged classes:
      (Acc or MDis shares) – HKD/RMB/USD

       

      Minimum subscription

      Class A: USD10,000 or equivalent

      Minimum subsequent subscription

      Class A: USD5,000 or equivalent

      Subscription fee

      Class A: Up to 5% 

      Management fee

      Class A: 1.25% per annum

      Performance fee

      Nil

      Dealing frequency

      Daily

      Dividend policy*

      Monthly distribution, if any (MDis)

      Print

      *The manager intends to declare and pay monthly dividends equal to all or substantially all of the net income attributable to each of the Distribution Classes. However, there is neither a guarantee that such dividends will be made nor will there be a target level of dividend payout. No dividends will be paid with respect to the Accumulation Classes. Distribution may be paid from capital of the Fund. Investors should note that where the payment of distributions are paid out of capital, this represents and amounts to a return or withdrawal of part of the amount that have been originally invested or capital gains attributable to that and may result in an immediate decrease in the value of units. Please refer to the Explanatory Memorandum for further details including the distribution policy.

      To read the latest dividend schedule, please click here.

      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.

      Please note that investment involves risks. The unit price of the Fund may go down as well as up and the past performance of the Fund does not indicate future return. Investors should refer to the explanatory memorandum of the Fund for further details and the risk factors in particular those involved in investing in emerging markets prior to the subscription of the units of the Fund.

    • Documents

      
      Loading...
      Type of DocumentDateDownload

    • Historical Prices

      From
      To
      Print
      Date

      		Class A Acc USD Unhedged

      		Class A Acc HKD Unhedged

      		Class A MDis USD Unhedged

      		Class A MDis AUD Hedged

      		Class A MDis CAD Hedged

      		Class A MDis HKD Unhedged

      		Class A MDis NZD Hedged

      		Class A MDis RMB Hedged

      		Class A MDis RMB Unhedged

      From
      To
      Print
      Date

      		Class A Acc USD Unhedged

      		Class A Acc HKD Unhedged

      		Class A MDis USD Unhedged

      		Class A MDis AUD Hedged

      		Class A MDis CAD Hedged

      		Class A MDis HKD Unhedged

      		Class A MDis NZD Hedged

      		Class A MDis RMB Hedged

      		Class A MDis RMB Unhedged

      Date

      		Class A Acc USD Unhedged

      		Class A Acc HKD Unhedged

      		Class A MDis USD Unhedged

      		Class A MDis AUD Hedged

      		Class A MDis CAD Hedged

      		Class A MDis HKD Unhedged

      		Class A MDis NZD Hedged

      		Class A MDis RMB Hedged

      		Class A MDis RMB Unhedged

    • Dividend History

      Dividend history of - Class A MDis USD Unhedged

      Ex-dividend dateEx-dividend date NAV ( USD )Dividend per unit ( USD )*Annualized yield#
      2019-04-3030-04-20199.980.04575.5 %
      2019-03-2929-03-20199.960.04575.5 %
      2019-02-2828-02-20199.750.04575.6 %
      2019-01-3131-01-20199.680.04575.7 %
      2018-12-3131-12-20189.620.04575.7 %
      2018-11-3030-11-20189.580.04575.7 %
      2018-10-3131-10-20189.620.04575.7 %
      2018-09-2828-09-20189.730.04575.6 %
      2018-08-3131-08-20189.760.04575.6 %
      2018-07-3131-07-20189.760.04575.6 %
      2018-06-2929-06-20189.770.04575.6 %
      2018-05-3131-05-20189.910.04575.5 %

      Dividend history of - Class A MDis AUD Hedged

      Ex-dividend dateEx-dividend date NAV ( AUD )Dividend per unit ( AUD )*Annualized yield#
      2019-04-3030-04-20199.930.04155.0 %
      2019-03-2929-03-20199.910.04565.5 %
      2019-02-2828-02-20199.710.04565.6 %
      2019-01-3131-01-20199.660.04565.7 %
      2018-12-3131-12-20189.610.04565.7 %
      2018-11-3030-11-20189.580.04565.7 %
      2018-10-3131-10-20189.590.04565.7 %
      2018-09-2828-09-20189.690.04565.6 %
      2018-08-3131-08-20189.730.04565.6 %
      2018-07-3131-07-20189.730.04565.6 %
      2018-06-2929-06-20189.750.04565.6 %
      2018-05-3131-05-20189.890.04565.5 %

      Dividend history of - Class A MDis CAD Hedged

      Ex-dividend dateEx-dividend date NAV ( CAD )Dividend per unit ( CAD )*Annualized yield#
      2019-04-3030-04-20199.910.03974.8 %
      2019-03-2929-03-20199.860.04295.2 %
      2019-02-2828-02-20199.660.04295.3 %
      2019-01-3131-01-20199.600.04295.4 %
      2018-12-3131-12-20189.550.04295.4 %
      2018-11-3030-11-20189.510.04295.4 %
      2018-10-3131-10-20189.550.04295.4 %
      2018-09-2828-09-20189.670.04295.3 %
      2018-08-3131-08-20189.710.04295.3 %
      2018-07-3131-07-20189.710.04295.3 %
      2018-06-2929-06-20189.730.04295.3 %
      2018-05-3131-05-20189.870.04295.2 %

      Dividend history of - Class A MDis HKD Unhedged

      Ex-dividend dateEx-dividend date NAV ( HKD )Dividend per unit ( HKD )*Annualized yield#
      2019-04-3030-04-20199.970.04575.5 %
      2019-03-2929-03-20199.960.04575.5 %
      2019-02-2828-02-20199.740.04575.6 %
      2019-01-3131-01-20199.670.04575.7 %
      2018-12-3131-12-20189.590.04575.7 %
      2018-11-3030-11-20189.540.04575.7 %
      2018-10-3131-10-20189.610.04575.7 %
      2018-09-2828-09-20189.690.04575.7 %
      2018-08-3131-08-20189.760.04575.6 %
      2018-07-3131-07-20189.750.04575.6 %
      2018-06-2929-06-20189.770.04575.6 %
      2018-05-3131-05-20189.910.04575.5 %

      Dividend history of - Class A MDis NZD Hedged

      Ex-dividend dateEx-dividend date NAV ( NZD )Dividend per unit ( NZD )*Annualized yield#
      2019-04-3030-04-20199.850.04034.9 %
      2019-03-2929-03-20199.790.04615.7 %
      2019-02-2828-02-20199.600.04615.8 %
      2019-01-3131-01-20199.560.04615.8 %
      2018-12-3131-12-20189.500.04615.8 %
      2018-11-3030-11-20189.470.04615.8 %
      2018-10-3131-10-20189.510.04615.8 %
      2018-09-2828-09-20189.630.04615.7 %
      2018-08-3131-08-20189.670.04615.7 %
      2018-07-3131-07-20189.660.04615.7 %
      2018-06-2929-06-20189.680.04615.7 %
      2018-05-3131-05-20189.820.04615.6 %

      Dividend history of - Class A MDis RMB Hedged

      Ex-dividend dateEx-dividend date NAV ( CNH )Dividend per unit ( CNH )*Annualized yield#
      2019-04-3030-04-20199.830.04685.7 %
      2019-03-2929-03-20199.810.05827.1 %
      2019-02-2828-02-20199.620.05827.3 %
      2019-01-3131-01-20199.580.05827.3 %
      2018-12-3131-12-20189.530.05827.3 %
      2018-11-3030-11-20189.500.05827.4 %
      2018-10-3131-10-20189.550.05827.3 %
      2018-09-2828-09-20189.650.05827.2 %
      2018-08-3131-08-20189.700.05827.2 %
      2018-07-3131-07-20189.740.05827.2 %
      2018-06-2929-06-20189.760.05827.2 %
      2018-05-3131-05-20189.900.05827.1 %

      Dividend history of - Class A MDis RMB Unhedged

      Ex-dividend dateEx-dividend date NAV ( CNH )Dividend per unit ( CNH )*Annualized yield#
      2019-04-3030-04-201910.700.05005.6 %
      2019-03-2929-03-201910.630.04655.2 %
      2019-02-2828-02-201910.350.04655.4 %
      2019-01-3131-01-201910.330.04655.4 %
      2018-12-3131-12-201810.510.04655.3 %
      2018-11-3030-11-201810.550.04655.3 %
      2018-10-3131-10-201810.640.04655.2 %
      2018-09-2828-09-201810.610.04655.3 %
      2018-08-3131-08-201810.590.04655.3 %
      2018-07-3131-07-201810.580.04655.3 %
      2018-06-2929-06-201810.270.04655.4 %
      2018-05-3131-05-201810.050.04655.6 %

      *The manager intends to declare and pay monthly dividends equal to all or substantially all of the net income attributable to each of the Distribution Classes. However, there is neither a guarantee that such dividends will be made nor will there be a target level of dividend payout. No dividends will be paid with respect to the Accumulation Classes. Distribution may be paid from capital of the Fund. Investors should note that where the payment of distributions are paid out of capital, this represents and amounts to a return or withdrawal of part of the amount that have been originally invested or capital gains attributable to that and may result in an immediate decrease in the value of units. Please refer to the Explanatory Memorandum for further details including the distribution policy.

      To read the latest dividend schedule, please click here.

      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.

      Please note that investment involves risks. The unit price of the Fund may go down as well as up and the past performance of the Fund does not indicate future return. Investors should refer to the explanatory memorandum of the Fund for further details and the risk factors in particular those involved in investing in emerging markets prior to the subscription of the units of the Fund.

    Other Funds

      Back to Product Overview Page