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RMB is currently not freely convertible and is subject to exchange controls and restrictions. There is no guarantee that RMB will not depreciate. Investments acquired by the Fund will be denominated in RMB whereas the classes of units of the Fund may be denominated in.
This equation lets you add any amount of profit on top of the current exchange rate. If you were to purchase bitcoins and then sell soon after, you could profit by trading in this manner. In this example, the equation mtgoxusd1.05 means take the current.
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The Funds value may be affected by exchange control regulations and changes in exchange rates. Investors should not invest in the funds unless the intermediary who sells it to you has advised you that it is suitable for you and has explained how it is.
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