IMPORTANT NOTICE - INDEPENDENT AGENT AND BROKER COMPENSATION

NO COVERAGE IS PROVIDED BY THIS NOTICE. THIS NOTICE DOES NOT AMEND ANY
PROVISION OF YOUR POLICY. YOU SHOULD REVIEW YOUR ENTIRE POLICY CAREFULLY
FOR COMPLETE INFORMATION ON THE COVERAGES PROVIDED AND TO DETERMINE YOUR
RIGHTS AND DUTIES UNDER YOUR POLICY. PLEASE CONTACT YOUR AGENT OR BROKER
IF YOU HAVE ANY QUESTIONS ABOUT THIS NOTICE OR ITS CONTENTS. IF THERE IS
ANY CONFLICT BETWEEN YOUR POLICY AND THIS NOTICE, THE PROVISIONS OF YOUR
POLICY PREVAIL.

For information about how Travelers compensates independent agents and
brokers, please visit www.travelers.com, call our toll-free telephone
number, 1-866-904-8348, or you may request a written copy from Marketing
at One Tower Square, 2GSA, Hartford, CT 06183.


ND044  Rev.  1-08 					Page  1  of  1

HOW TO REPORT LOSSES, CLAIMS, OR POTENTIAL CLAIMS TO TRAVELERS
Reporting new losses, claims, or potential claims promptly can  be
critical. It helps to resolve covered losses or claims as quickly
as possible and often reduces the overall cost.

Prompt reporting:
- better protects the interests of all parties;
- helps Travelers to try to resolve losses or claims more quickly; and
- often reduces the overall cost of a loss or claim - losses or claims
  reported more than five days after they happen cost on average 35% more
  than those reported earlier.


Report losses, claims, or potential claims to Travelers easily and quickly
by fax, U.S. mail, or email.
					FAX
Use this number to report a loss, claim, or potential claim by fax toll free.
1-888-460-6622
					US MAIL
Use this address to report a loss, claim, or potential claim by U S Mail.
Bond-FPS Claims Department Travelers Mail Code NB08F 385 Washington Street
Saint Paul, Minnesota 55102
					EMAIL
Use this address to report a loss, claim, or potential claim by email.
Pro.E&O.Claim.Reporting@SPT.com


This is a general description of how to report a loss, claim, or potential
claim under this policy or  bond.  This description does not replace or add
to the terms of this policy or bond.  The policy or bond alone determines
the scope of coverage. Please read it carefully for complete information
on coverage. Contact your agent or broker if you have any questions about
coverage.


ND059  Ed.  11-06 	-1-

2006 The St. Paul Travelers Companies, Inc. All Rights Reserved

INVESTMENT COMPANY BLANKET BOND
St. Paul Fire and Marine Insurance Company
St. Paul, Minnesota  55102-1396 (A Stock Insurance  Company, herein
called Underwriter)

DECLARATIONS	BOND  NO.   ZBN-15R00556-13-N2

Item 1. Name of Insured (herein called Insured):

JF CHINA REGION FUND, INC.

Principal Address:

c/o Gregory Luttrell
227 Park Avenue - 12th Floor
New York, NY 10172

Item 2.  Bond Period from 12:01 a.m. on 09/30/2013 to 12:01 a.m. on 09/30/2014
the effective date of the termination or cancellation of the  bond, standard
time at the Principal Address as to each of said  dates.


Item  3.  Limit of Liability
	Subject to Sections  9, 10, and  12 hereof:


							Limit of 	Deductible
							Liability	Amount

Insuring  Agreement  A - FIDELITY                       $525,000    	$0
Insuring  Agreement  B - AUDIT EXPENSE                  $50,000         $5,000
Insuring  Agreement  C - PREMISES                       $525,000        $15,000
Insuring  Agreement  D - TRANSIT 			$525,000	$15,000
Insuring  Agreement  E - FORGERY  OR ALTERATION 	$525,000	$15,000
Insuring  Agreement  F - SECURITIES                     $525,000        $15,000
Insuring  Agreement  G - COUNTERFEIT CURRENCY           $525,000        $15,000
Insuring  Agreement  H - STOP PAYMENT                   $50,000         $5,000
Insuring  Agreement  I - UNCOLLECTIBLE ITEMS OF 	$50,000		$5,000
			 DEPOSIT

OPTIONAL   COVERAGES   ADDED   BY RIDER:

Insuring  Agreement  (J) - COMPUTER SYSTEMS		$525,000	$15,000
Insuring  Agreement  (K) - VOICE INITIATED TRANSACTIONS $525,000	$15,000
Insuring  Agreement  (L) - TELEFACIMILE ACTIONS		$525,000	$15,000
Insuring  Agreement  (M) - UNAUTHORIZED SIGNATURES	$50,000		$5,000

If "Not Covered" is inserted above opposite any specified Insuring Agreement
or Coverage, such Insuring Agreement or Coverage and any other reference
thereto in this bond shall be deemed to be deleted therefrom.

Item  4. Offices or Premises Covered - Offices acquired or established
subsequent to the effective date of this bond are covered according to the
terms of General Agreement A. All the Insured's offices or premises inexistence
at the time this bond becomes effective are covered under this bond except the
offices or premises located as follows: N/A

ICB001 Rev. 7/04
(c) 2004 The Travelers Indemnity Company. All rights reserved. Page 1 of 2

Item  5. The liability of the Underwriter is subject to the terms of the
following endorsements or riders attached hereto: Endorsements or Riders
No. 1 through

ICB011 Ed. 07/04, ICB012 Ed. 07/04, ICB013 Ed. 07/04, ICB014 Ed. 07/04,
ICB016 Ed. 07/04, ICB022 Ed. 07/04, ICB026 Ed. 07/04, ICB057 Ed. 04/05

Item  6.  The Insured by the acceptance of this bond gives notice to the
Underwriter terminating or canceling prior bonds or policy(ies)  No.(s)
ZBN-14S74281-12-N2 such termination or cancellation to be effective as of
the time this bond becomes effective.

IN WITNESS WHEREOF, the Company has caused this bond to be signed by its
President and Secretary and countersigned by a duly authorized representative
of the Company.


Countersigned: ST. PAUL FIRE AND MARINE INSURANCE COMPANY


Authorized Representative Countersigned At    /s/ Brian MacLean, President
Countersignature Date 			     /s/ Wendy C. Skierven, Secretary

ICB001 Rev. 7/04
(c) 2004 The Travelers Indemnity Company. All rights reserved. Page 2 of 2

			INVESTMENT COMPANY BLANKET BOND

The Underwriter, in consideration of an agreed premium, and subject to
the Declarations made a part hereof, the General Agreements, Conditions
and Limitations and other terms of this bond, agrees with the Insured,
in accordance with the Insuring Agreements hereof to which an amount of
insurance is applicable as set forth in Item 3 of the Declarations and
with respect to loss sustained by the Insured at any time but discovered
during the Bond Period, to indemnify and hold harmless the Insured for:

			       INSURING AGREEMENTS
(A) FIDELITY

Loss resulting from any dishonest or fraudulent act(s), including Larceny
or Embezzlement, committed by an Employee, committed anywhere and whether
committed alone or in collusion with others, including loss of Property
resulting from such acts of an Employee, which Property is held by the
Insured for any purpose or in any capacity and whether so held
gratuitously or not and whether or not the Insured is liable therefor.

Dishonest or fraudulent act(s) as used in this Insuring Agreement shall
mean only dishonest or fraudulent act(s) committed by such Employee with
the manifest intent:

    (a) to cause the Insured to sustain such loss; and
    (b) to obtain financial benefit for the Employee, or for any other
        Person or organization intended by the Employee to receive such
        benefit, other than salaries, commissions, fees, bonuses,
        promotions, awards, profit sharing, pensions or other employee
        benefits earned in the normal course of employment.

(B) AUDIT EXPENSE

Expense incurred by the Insured for that part of the costs of audits
or examinations required by any governmental regulatory authority to
be conducted either by such authority or by an independent accountant
by reason of the discovery of loss sustained by the Insured through
any dishonest or fraudulent act(s), including Larceny or Embezzlement,
of any of the Employees. The total liability of the Underwriter for
such expense by reason of such acts of any Employee or in which such
Employee is concerned or implicated or with respect to any one audit
or examination is limited to the amount stated opposite Audit Expense
in Item 3 of the Declarations; it being understood, however, that such
expense shall be deemed to be a loss sustained by the Insured through
any dishonest or fraudulent act(s), including Larceny or Embezzlement,
of one or more of the Employees, and the liability under this paragraph
shall be in addition to the Limit of Liability stated in Insuring
Agreement (A) in Item 3 of the Declarations.

(C) ON PREMISES

Loss of Property (occurring with or without negligence or violence)
through robbery, burglary, Larceny, theft, holdup, or other fraudulent
means, misplacement, mysterious unexplainable disappearance, damage
thereto or destruction thereof, abstraction or removal from the
possession, custody or control of the Insured, and loss of subscription,
conversion, redemption or deposit privileges through the misplacement
or loss of Property, while the Property is (or is supposed or believed
by the Insured to be) lodged or deposited within any offices or premises
located anywhere, except in an office listed in Item 4 of the
Declarations or amendment thereof or in the mail or with a carrier for
hire, other than an armored motor vehicle company, for the purpose of
transportation.

Office and Equipment

  (1) loss of or damage to furnishings, fixtures, stationery, supplies or
      equipment, within any of the Insured's offices covered under this bond
      caused by Larceny or theft in, or by burglary, robbery or hold-up of,
      such office, or attempt thereat, or by vandalism or malicious mischief;
      or

  (2) loss through damage to any such office by Larceny or theft in, or by
      burglary, robbery or hold-up of, such office, or attempt thereat, or
      to the interior of any such office by vandalism or malicious mischief
      provided, in any event, that the Insured is the owner of such offices,
      furnishings, fixtures, stationery, supplies or equipment or is legally
      liable for such loss or damage always excepting, however, all loss or
      damage through fire.

(D) IN TRANSIT

Loss of Property (occurring with or without negligence or violence) through
robbery, Larceny, theft, hold-up, misplacement, mysterious unexplainable
disappearance, being lost or otherwise made away with, damage thereto or
destruction thereof, and loss of subscription, conversion, redemption or
deposit privileges through the misplacement or loss of Property, while the
Property is in transit anywhere in the custody of any person or persons
acting as messenger, except while in the mail or with a carrier for hire,
other than an armored motor vehicle company, for the purpose of transportation,
such transit to begin immediately upon receipt of such Property by the
transporting person or persons, and to end immediately upon delivery thereof
at destination.

(E) FORGERY 0R ALTERATION

Loss through Forgery or alteration of or on:

  (1) any bills of exchange, checks, drafts, acceptances, certificates of
      deposit, promissory notes, or other written promises, orders or
      directions to pay sums certain in money, due bills, money orders,
      warrants, orders upon public treasuries, letters of credit; or

  (2) other written instructions, advices or applications directed to the
      Insured, authorizing or acknowledging the transfer, payment, delivery
      or receipt of funds or Property, which instructions, advices or
      applications purport to have been signed or endorsed by any:

	(a) customer of the Insured, or
        (b) shareholder or subscriber to shares, whether certificated or
            uncertificated, of any Investment Company, or
        (c) financial or banking institution or stockbroker,
            but which instructions, advices or applications either bear
            the forged signature or endorsement or have been altered
	    without the knowledge and consent of such customer, shareholder
	    or subscriber to shares, or financial or banking institution
            or stockbroker; or

   (3) withdrawal orders or receipts for the withdrawal of funds or Property,
       or receipts or certificates of deposit for Property and bearing the name
       of the Insured as issuer, or of another Investment Company for which the
       Insured acts as agent, excluding, however, any loss covered under
       Insuring Agreement (F) hereof whether or not coverage for Insuring
       Agreement (F) is provided for in the Declarations of this bond.

Any check or draft (a) made payable to a fictitious payee and endorsed in the
name of such fictitious payee or (b) procured in a transaction with the maker
or drawer thereof or with one acting as an agent of such maker or drawer or
anyone impersonating another and made or drawn payable to the one so
impersonated and endorsed by anyone other than the one impersonated, shall be
deemed to be forged as to such endorsement.

Mechanically reproduced facsimile signatures are treated the same as
handwritten signatures.

   (F) SECURITIES

       Loss sustained by the Insured, including loss sustained by reason of a
       violation of the constitution by-laws, rules or regulations of any Self
       Regulatory Organization of which the Insured is a member or which would
       have been imposed upon the Insured by the constitution, by-laws, rules
       or regulations of any Self Regulatory Organization if the Insured had
       been a member thereof,

   (1) through the Insured's having, in good faith and in the course of +
       business, whether for its own account or for the account of others,
       in any representative, fiduciary, agency or any other capacity, either
       gratuitously or otherwise, purchased or otherwise acquired, accepted
       or received, or sold or delivered, or given any value, extended any
       credit or assumed any liability, on the faith of, or otherwise acted
       upon, any securities, documents or other written instruments which
       prove to have been:

      (a) counterfeited, or
      (b) forged as to the signature of any maker, drawer, issuer, endorser,
          assignor, lessee, transfer agent or registrar, acceptor, surety or
          guarantor or as to the signature of any person signing in any other
          capacity, or
      (c) raised or otherwise altered, or lost, or stolen, or

   (2) through the Insured's having, in good faith and in the course of
       business, guaranteed in writing or witnessed any signatures whether
       for valuable consideration or not and whether or not such guaranteeing
       or witnessing is ultra vires the Insured, upon any transfers,
       assignments, bills of sale, powers of attorney, guarantees,
       endorsements or other obligations upon or in connection with any
       securities, documents or other written instruments and which pass or
       purport to pass title to such securities, documents or other written
       instruments; excluding losses caused by Forgery or alteration of, on
       or in those instruments covered under Insuring Agreement (E) hereof.

Securities, documents or other written instruments shall be deemed to
mean original (including original counterparts) negotiable or
non-negotiable agreements which in and of themselves represent an
equitable interest, ownership, or debt, including an assignment thereof,
which instruments are, in the ordinary course of business, transferable
by delivery of such agreements with any necessary endorsement or assignment.

The word "counterfeited" as used in this Insuring Agreement shall be
deemed to mean any security, document or other written instrument which
is intended to deceive and to be taken for an original.

Mechanically reproduced facsimile signatures are treated the same as
handwritten signatures.

(G) COUNTERFEIT CURRENCY

Loss through the receipt by the Insured, in good faith, of any
counterfeited money orders or altered paper currencies or coin of the
United States of America or Canada issued or purporting to have been
issued by the United States of America or Canada or issued pursuant to
a United States of America or Canada statute for use as currency.

(H) STOP PAYMENT

Loss against any and all sums which the Insured shall become obligated
to pay by reason of the liability imposed upon the Insured by law for
damages:

For having either complied with or failed to comply with any written
notice of any customer, shareholder or subscriber of the Insured or
any Authorized Representative of such customer, shareholder or subscriber
to stop payment of any check or draft made or drawn by such customer,
shareholder or subscriber or any Authorized Representative of such
customer, shareholder or subscriber, or

For having refused to pay any check or draft made or drawn by any
customer, shareholder or subscriber of the Insured or any Authorized
Representative of such customer, shareholder or subscriber.

(I) UNCOLLECTIBLE ITEMS OF DEPOSIT

Loss resulting from payments of dividends or fund shares, or withdrawals
permitted from any customer's, shareholder's, or subscriber's account
based upon Uncollectible Items of Deposit of a customer, shareholder or
subscriber credited by the Insured or the Insured's agent to such
customer's, shareholder's or subscriber's Mutual Fund Account; or loss
resulting from an Item of Deposit processed through an Automated Clearing
House which is reversed by the customer, shareholder or subscriber and
deemed uncollectible by the Insured.

Loss includes dividends and interest accrued not to exceed 15% of the
Uncollectible Items which are deposited.

This Insuring Agreement applies to all Mutual Funds with
"exchange privileges" if all Fund(s) in the exchange program are insured
by the Underwriter for Uncollectible Items of Deposit. Regardless of the
number of transactions between Fund(s), the minimum number of days of
deposit within the Fund(s) before withdrawal as declared in the Fund(s)
prospectus shall begin from the date a deposit was first credited to any
Insured Fund(s).

GENERAL AGREEMENTS

A. ADDITIONAL OFFICES OR EMPLOYEES CONSOLIDATION OR MERGER - NOTICE

(1) If the Insured shall, while this bond is in force, establish any
    additional office or offices, such offices shall be automatically
    covered hereunder from the dates of their establishment, respectively.
    No notice to the Underwriter of an increase during any premium period
    in the number of offices or in the number of Employees at any of the
    offices covered hereunder need be given and no additional premium need
    be paid for the remainder of such premium period.

(2) If an Investment Company, named as Insured herein, shall, while this
    bond is in force, merge or consolidate with, or purchase the assets
    of another institution, coverage for such acquisition shall apply
    automatically from the date of acquisition. The Insured shall notify
    the Underwriter of such acquisition within 60 days of said date, and
    an additional premium shall be computed only if such acquisition
    involves additional offices or employees.

B. WARRANTY

No statement made by or on behalf of the Insured, whether contained in the
application or otherwise, shall be deemed to be a warranty of anything
except that it is true to the best of the knowledge and belief of the person
making the statement.

C. COURT COSTS AND ATTORNEYS' FEES

(Applicable to all Insuring Agreements or Coverages now or hereafter forming
part of this bond)

The Underwriter will indemnify the Insured against court costs and reasonable
attorneys' fees incurred and paid by the Insured in defense, whether or not
successful, whether or not fully litigated on the merits and whether or not
settled, of any suit or legal proceeding brought against the Insured to
enforce the Insured's liability or alleged liability on account of any loss,
claim or damage which, if established against the Insured, would constitute
a loss sustained by the Insured covered under the terms of this bond provided,
however, that with respect to Insuring Agreement (A) this indemnity shall
apply only in the event that:

(1) an Employee admits to being guilty of any dishonest or fraudulent act(s),
    including Larceny or Embezzlement; or

(2) an Employee is adjudicated to be guilty of any dishonest or fraudulent
    act(s), including Larceny or Embezzlement;

(3) in the absence of (1) or (2) above an arbitration panel agrees, after a
    review of an agreed statement of facts, that an Employee would be found
    guilty of dishonesty if such Employee were prosecuted.

The Insured shall promptly give notice to the Underwriter of any such suit or
legal proceedings and at the request of the Underwriter shall furnish it with
copies of all pleadings and other papers therein. At the Underwriter's election
the Insured shall permit the Underwriter to conduct the defense of such suit or
legal proceeding, in the Insured's name, through attorneys of the Underwriter's
selection. In such event, the Insured shall give all reasonable information and
assistance which the Underwriter shall deem necessary to the proper defense of
such suit or legal proceeding.

If the amount of the Insured's liability or alleged liability is greater than
the amount recoverable under this bond, or if a Deductible Amount is
applicable, or both, the liability of the Underwriter under this General
Agreement is limited to the proportion of court costs and attorneys' fees.
incurred and paid by the Insured or by the Underwriter that the amount
recoverable under this bond bears to the total of such amount plus the amount
which is not so recoverable. Such indemnity shall be in addition to the Limit
of Liability for the applicable Insuring Agreement or Coverage.

D. FORMER EMPLOYEE

Acts of an Employee, as defined in this bond, are covered under Insuring
Agreement (A) only while the Employee is in the Insured's employ. Should
loss involving a former Employee of the Insured be discovered subsequent
to the termination of employment, coverage would still apply under
Insuring Agreement (A) if the direct proximate cause of the loss occurred
while the former Employee performed duties within the scope of his/her
employment.

	THE FOREGOING INSURING AGREEMENTS AND GENERAL AGREEMENTS ARE SUBJECT
                     TO THE FOLLOWING CONDITIONS AND LIMITATIONS:

      SECTION 1. DEFINITIONS

      The following terms, as used in this bond have the respective meanings
      stated in this Section:

      (a) "Employee" means:

         (1) any of the Insured's officers, partners, or
             and employees, and

         (2) any of the officers or employees of any predecessor of the
             Insured whose principal assets are acquired by the Insured
             by consolidation or merger with, or purchase of assets
             or capital stock of, such predecessor, and

         (3) attorneys retained by the Insured to perform legal services
             for the Insured and the employees of such attorneys while
             such attorneys or employees of such attorneys are performing
             such services for the Insured, and

         (4) guest students pursuing their studies or duties in any of the
             Insured's offices, and

         (5) directors or trustees of the Insured, the investment advisor,
             underwriter (distributor), transfer agent, or shareholder
             accounting record keeper, or administrator authorized by
             written agreement to keep financial and/or other required
             records, but only while performing acts coming within the
             scope of the usual duties of an officer or employee or while
             acting as a member of any committee duly elected or appointed
             to examine or audit or have custody of or access to the
             Property of the Insured, and

         (6) any individual or individuals assigned to perform the usual
             duties of an employee within the premises of the Insured, by
             contract, or by any agency furnishing temporary personnel on
             a contingent or part-time basis, and

         (7) each natural person, partnership or corporation authorized by
             written agreement with the Insured to perform services as
             electronic data processor of checks or other accounting records
             of the Insured, but excluding any such processor who acts as
             transfer agent or in any other agency capacity in issuing checks,
             drafts or securities for the Insured, unless included under
             sub-section (9) hereof, and

         (8) those persons so designated in Section 15, Central Handling of
             Securities, and

         (9) any officer, partner, or Employee of:

		(a) an investment advisor,
      		(b) an underwriter (distributor),
      		(c) a transfer agent or shareholder accounting record-keeper,
                    or
	   	(d) an administrator authorized by written agreement to
		    keep financial and/or other required records,

for an Investment Company named as Insured while performing acts coming
within the scope of the usual duties of an officer or Employee of any
investment Company named as Insured herein, or while acting as a member
of any committee duly elected or appointed to examine or audit or have
custody of or access to the Property of any such Investment Company,
provided that only Employees or partners Of a transfer agent, shareholder
accounting record-keeper or administrator which is an affiliated person,
as defined in the Investment Company Act of 1940, of an Investment
Company named as Insured or is an affiliated person of the advisor,
underwriter or administrator of such Investment Company, and which is
not a bank, shall be included within the definition of Employee.

Each employer of temporary personnel or processors as set forth in
sub-sections (6) and (7) of Section 1(a) and their partners, officers
and employees shall collectively be deemed to be one person for all
the purposes of this bond, excepting, however, the last paragraph of
Section 13.

Brokers, or other agents under contract or representatives of the same
general character shall not be considered Employees.

  (b) "Property" means money (i.e. currency, coin, bank notes, Federal
       Reserve notes), postage and revenue stamps, U.S. Savings Stamps,
       bullion, precious metals of all kinds and in any form and articles
       made therefrom, jewelry, watches, necklaces, bracelets, gems,
       precious and semi-precious stones, bonds, securities, evidences
       of debts, debentures, scrip, certificates, interim receipts,
       warrants, rights, puts, calls, straddles, spreads, transfers,
       coupons, drafts, bills of exchange, acceptances, notes, checks,
       withdrawal orders, money orders, warehouse receipts, bills of
       lading, conditional sales contracts, abstracts of title,
       insurance policies, deeds, mortgages under real estate and/or
       chattels and upon interests therein, and assignments of such
       policies, mortgages and instruments, and other valuable papers,
       including books of account and other records used by the Insured
       in the conduct of its business, and all other instruments similar
       to or in the nature of the foregoing including Electronic
       Representations of such instruments enumerated above (but
       excluding all data processing records) in which the Insured
       has an interest or in which the Insured acquired or should have
       acquired an interest by reason of a predecessor's declared
       financial condition at the time of the Insured's consolidation
       or merger with, or purchase of the principal assets of, such
       predecessor or which are held by the Insured for any purpose or
       in any capacity and whether so held gratuitously or not and
       whether or not the Insured is liable therefor.

   (c) "Forgery" means the signing of the name of another with intent to
        deceive; it does not include the signing of one's own name with
        or without authority, in any capacity, for any purpose.

   (d) "Larceny and Embezzlement" as it applies to any named Insured means
        those acts as set forth in Section 37 of the Investment Company Act
        of 1940.

   (e) "Items of Deposit" means any one or more checks and drafts. Items of
        Deposit shall not be deemed uncollectible until the Insured's
        collection procedures have failed.

SECTION 2. EXCLUSIONS

THIS BOND, DOES NOT COVER:

   (a) loss effected directly or indirectly by means of forgery or alteration
       of, on or in any instrument, except when covered by Insuring Agreement
       (A), (E), (F) or (G).

   (b) loss due to riot or civil commotion outside the United States of
       America and Canada; or loss due to military, naval or usurped power,
       war or insurrection unless such loss occurs in transit in the
       circumstances recited in Insuring Agreement (D), and unless, when
       such transit was initiated, there was no knowledge of such riot,
       civil commotion, military, naval or usurped power, war or insurrection
       on the part of any person acting for the Insured in initiating such
       transit.

   (c) loss, in time of peace or war, directly or indirectly caused by or
       resulting from the effects of nuclear fission or fusion or
       radioactivity; provided, however, that this paragraph shall not
       apply to loss resulting from industrial uses of nuclear energy.

   (d) loss resulting from any wrongful act or acts of any person who is a
       member of the Board of Directors of the Insured or a member of any
       equivalent body by whatsoever name known unless such person is also
       an Employee or an elected official, partial owner or partner of the
       Insured in some other capacity, nor, in any event, loss resulting
       from the act or acts of any person while acting in the capacity of
       a member of such Board or equivalent body.

   (e) loss resulting from the complete or partial non-payment of, or default
       upon, any loan or transaction in the nature of, or amounting to, a loan
       made by or obtained from the Insured or any of its partners, directors
       or Employees, whether authorized or unauthorized and whether procured
       in good faith or through trick, artifice fraud or false pretenses,
       unless such loss is covered under Insuring Agreement (A), (E) or (F).

   (f) loss resulting from any violation by the Insured or by any Employee:

	(1) of law regulating (a) the issuance, purchase or sale of
            securities, (b) securities transactions upon Security
            Exchanges or over the counter market, (c) Investment Companies,
            or (d) Investment Advisors, or

	(2) of any rule or regulation made pursuant to any such law.
	    unless such loss, in the absence of such laws, rules or
            regulations, would be covered under Insuring Agreements
            (A) or (E).

    (g) loss of Property or loss of privileges through the misplacement or
	loss of Property as set forth in Insuring Agreement (C) or (D) while
        the Property is in the custody of any armored motor vehicle company,
        unless such loss shall be in excess of the amount recovered or
        received by the Insured under (a) the Insured's contract with said
        armored motor vehicle company, (b) insurance carried by said armored
        motor vehicle company for the benefit of users of its service, and
        (c) all other insurance and indemnity in force in whatsoever form
        carried by or for the benefit of users of said armored motor vehicle
        company's service, and then this bond shall cover only such excess.

    (h) potential income, including but not limited to interest and
        dividends, not realized by the Insured because of a loss covered
        under this bond, except as included under Insuring Agreement (I)

    (i) all damages of any type for which the Insured is legally liable,
        except direct compensatory damages arising from a loss covered
	under this bond.

    (j) loss through the surrender of Property away from an office of the
         Insured as a result of a threat:

	(1) to do bodily harm to any person, except loss of Property
            in transit in the custody of any person acting as messenger
            provided that when such transit was initiated there was no
            knowledge by the Insured of any such threat, or

	(2) to do damage to the premises or Property of the Insured,
	    except when covered under Insuring Agreement (A).

     (k) all costs, fees and other expenses incurred by the Insured in
         establishing the existence of or amount of loss covered under
	 this bond unless such indemnity is provided for under Insuring
	 Agreement (B).

     (l) loss resulting from payments made or withdrawals from the account
	 of a customer of the Insured, shareholder or subscriber to shares
	 involving funds erroneously credited to such account, unless such
	 payments are made to or withdrawn by such depositors or
         representative of such person, who is within the premises of the
         drawee bank of the Insured or within the office of the Insured at
         the time of such payment or withdrawal or unless such payment is
         covered under Insuring Agreement (A).

     (m) any loss resulting from Uncollectible Items of Deposit which are
	 drawn from a financial institution outside the fifty states of
         the United States of America, District of Columbia, and territories
         and possessions of the United States of America, and Canada.

SECTION 3. ASSIGNMENT OF RIGHTS

This bond does not afford coverage in favor of any Employers of temporary
personnel or of processors as set forth in sub-sections (6) and (7) of
Section 1(a) of this bond, as aforesaid, and upon payment to the Insured
by the Underwriter on account of any loss through dishonest or fraudulent
act(s) including Larceny or Embezzlement committed by any of the partners,
officers or employees of such Employers, whether acting alone or in
collusion with others, an assignment of such of the Insured's rights and
causes of action as it may have against such Employers by reason of such
acts so committed shall, to the extent of such payment, be given by the
Insured to the Underwriter, and the Insured shall execute all papers
necessary to secure to the Underwriter the rights herein provided for.

SECTION 4. LOSS -NOTICE -PROOF LEGAL PROCEEDINGS

This bond is for the use and benefit only of the Insured named in the
Declarations and the Underwriter shall not be liable hereunder for loss
sustained by anyone other than the Insured unless the Insured, in its
sole discretion and at its option, shall include such loss in the Insured's
proof of loss. At the earliest practicable moment after discovery of any
loss hereunder the Insured shall give the Underwriter written notice
thereof and shall also within six months after such discovery furnish to
the Underwriter affirmative proof of loss with full particulars. If claim
is made under this bond for loss of securities or shares, the Underwriter
shall not be liable unless each of such securities or shares is identified
in such proof of loss by a certificate or bond number or, where such
securities or shares are uncertificated, by such identification means as
agreed to by the Underwriter. The Underwriter shall have thirty days after
notice and proof of loss within which to investigate the claim, but where
the loss is clear and undisputed, settlement shall be made within forty-eight
hours; and this shall apply notwithstanding the loss is made up wholly or in
part of securities of which duplicates may be obtained. Legal proceedings for
recovery of any loss hereunder shall not be brought prior to the expiration
of sixty days after such proof of loss is filed with the Underwriter nor
after the expiration of twenty-four months from the discovery of such loss,
except that any action or proceedings to recover hereunder on account of any
judgment against the Insured in any suit mentioned in General Agreement C or
to recover attorneys' fees paid in any such suit, shall be begun within
twenty-four months from the date upon which the judgment in such suit shall
become final. If any limitation embodied in this bond is prohibited by any
law controlling the construction hereof, such limitation shall be deemed to
be amended so as to be equal to the minimum period of limitation permitted
by such law.

Discovery occurs when the Insured:

  (a) becomes aware of facts, or

  (b) receives written notice of an actual or potential claim by a third
      party which alleges that the Insured is liable under circumstances,
      which would cause a reasonable person to assume that a loss covered
      by the bond has been or will be incurred even though the exact amount
      or details of loss may not be then known.

SECTION 5. VALUATION OF PROPERTY

The value of any Property, except books of accounts or other records used
by the Insured in the conduct of its business, for the loss of which a claim
shall be made hereunder, shall be determined by the average market value of
such Property on the business day next preceding the discovery of such loss;
provided, however, that the value of any Property replaced by the Insured
prior to the payment of claim therefor shall be the actual market value at
the time of replacement; and further provided that in case of a loss or
misplacement of interim certificates, warrants, rights, or other securities,
the production of which is necessary to the exercise of subscription,
conversion, redemption or deposit privileges, the value thereof shall be the
market value of such privileges immediately preceding the expiration thereof
if said loss or misplacement is not discovered until after their expiration.
If no market price is quoted for such Property or for such privileges, the
value shall be fixed by agreement between the parties or by arbitration.

In case of any loss or damage to Property consisting of books of accounts
or other records used by the Insured in the conduct of its business, the
Underwriter shall be liable under this bond only if such books or records
are actually reproduced and then for not more than the cost of blank books,
blank pages or other materials plus the cost of labor for the actual
transcription or copying of data which shall have been furnished by the
Insured in order to reproduce such books and other records.

SECTION 6. VALUATION OF PREMISES AND FURNISHINGS

In case of damage to any office of the Insured, or loss of or damage
to the furnishings, fixtures, stationery, supplies, equipment, safes
or vaults therein, the Underwriter shall not be liable for more than
the actual cash value thereof, or for more than the actual cost of
their replacement or repair. The Underwriter may, at its election, pay
such actual cash value or make such replacement or repair. If the
underwriter and the Insured cannot agree upon such cash value or such
cost of replacement or repair, such shall be determined by arbitration.

SECTION 7. LOST SECURITIES

If the Insured shall sustain a loss of securities the total value of
which is in excess of the limit stated in Item 3 of the Declarations
of this bond, the liability of the Underwriter shall be limited to
payment for, or duplication of, securities having value equal to the
limit stated in Item 3 of the Declarations of this bond.

If the Underwriter shall make payment to the Insured for any loss of
securities, the Insured shall thereupon assign to the Underwriter all
of the Insured's rights, title and interest in and to said securities.
With respect to securities the value of which do not exceed the
Deductible Amount (at the time of the discovery of the loss) and for
which the Underwriter may at its sole discretion and option and at the
request of the Insured issue a Lost Instrument Bond or Bonds to effect
replacement thereof, the Insured will pay the usual premium charged
therefor and will indemnify the Underwriter against all loss or expense
that the Underwriter may sustain because of the issuance of such Lost
Instrument Bond or Bonds.

With respect to securities the value of which exceeds the Deductible Amount
(at the time of discovery of the loss) and for which the Underwriter may
issue or arrange for the issuance of a Lost Instrument Bond or Bonds to
effect replacement thereof, the Insured agrees that it will pay as premium
therefor a proportion of the usual premium charged therefor, said proportion
being equal to the percentage that the Deductible Amount bears to the value
of the securities upon discovery of the loss, and that it will indemnify the
issuer of said Lost Instrument Bond or Bonds against all loss and expense that
is not recoverable from the Underwriter under the terms and conditions of this
Investment Company Blanket Bond subject to the Limit of Liability hereunder.

SECTION 8. SALVAGE

In case of recovery, whether made by the Insured or by the Underwriter,
on account of any loss in excess of the Limit of Liability hereunder plus
the Deductible Amount applicable to such loss, from any source other than
suretyship, insurance, reinsurance, security or indemnity taken by or for
the benefit of the Underwriter, the net amount of such recovery, less the
actual costs and expenses of making same, shall be applied to reimburse the
Insured in full for the excess portion of such loss, and the remainder, if
any, shall be paid first in reimbursement of the Underwriter and thereafter
in reimbursement of the Insured for that part of such loss within the
Deductible Amount. The Insured shall execute all necessary papers to secure
to the Underwriter the rights provided for herein.

SECTION 9. NON-REDUCTION AND NONACCUMULATION OF LIABILITY AND TOTAL LIABILITY

At all times prior to termination hereof, this bond shall continue in force
for the limit stated in the applicable sections of Item 3 of the Declarations
of this bond notwithstanding any previous loss for which the Underwriter may
have paid or be liable to pay hereunder; PROVIDED, however, that regardless
of the number of years this bond shall continue in force and the number or
premiums which shall be payable or paid, the liability of the Underwriter
under this bond with respect to all loss resulting from:

  (a) any one act of burglary, robbery or holdup, or attempt thereat,
      in which no Partner or Employee is concerned or implicated shall
      be deemed to be one loss, or

  (b) any one unintentional or negligent act on the part of any other
      person resulting in damage to or destruction or misplacement of
      Property, shall be deemed to be one loss, or

  (c) all wrongful acts, other than those specified in (a) above, of any
      one person shall be deemed to be one loss, or

  (d) all wrongful acts, other than those specified in (a) above, of
      one or more persons (which dishonest act(s) or act(s) of Larceny
      or Embezzlement include, but are not limited to, the failure of
      an Employee to report such acts of others) whose dishonest act or
      acts intentionally or unintentionally, knowingly or unknowingly,
      directly or indirectly, aid or aids in any way, or permits the
      continuation of, the dishonest act or acts of any other person
      or persons shall be deemed to be one loss with the act or acts
      of the persons aided, or

  (e) any one casualty or event other than those specified in (a), (b),
      (c) or (d) preceding, shall be deemed to be one loss, and shall be
      limited to the applicable Limit of Liability stated in Item 3 of
      the Declarations of this bond irrespective of the total amount of
      such loss or losses and shall not be cumulative in amounts from year
      to year or from period to period. Sub-section (c) is not applicable
      to any situation to which the language of sub-section (d) applies.

SECTION 10. LIMIT OF LIABILITY

With respect to any loss set forth in the PROVIDED clause of Section 9 of
this bond which is recoverable or recovered in whole or in part under any
other bonds or policies issued by the Underwriter to the Insured or to any
predecessor in interest of the Insured and terminated or cancelled or allowed
to expire and in which the period of discovery has not expired at the time
any such loss thereunder is discovered, the total liability of the Underwriter
under this bond and under other bonds or policies shall not exceed, in the
aggregate, the amount carried hereunder on such loss or the amount available
to the Insured under such other bonds or policies, as limited by the terms
and conditions thereof, for any such loss if the latter amount be the larger.

SECTION 11. OTHER INSURANCE

If the Insured shall hold, as indemnity against any loss covered hereunder,
any valid and enforceable insurance or suretyship, the Underwriter shall be
liable hereunder only for such amount of such loss which is in excess of the
amount of such other insurance or suretyship, not exceeding, however, the
Limit of Liability of this bond applicable to such loss.

SECTION 12. DEDUCTIBLE

The Underwriter shall not be liable under any of the Insuring Agreements
of this bond on account of loss as specified, respectively, in sub-sections
(a),(b), (c), (d) and (e) of Section 9, NON-REDUCTION AND NON-ACCUMULATION
OF LIABILITY AND TOTAL LIABILITY, unless the amount of such loss, after
deducting the net amount of all reimbursement and/or recovery obtained or
made by the Insured, other than from any bond or policy of insurance issued
by an insurance company and covering such loss, or by the Underwriter on
account thereof prior to payment by the Underwriter of such loss, shall
exceed the Deductible Amount set forth in Item 3 of the Declarations hereof
(herein called Deductible Amount), and then for such excess only, but in no
event for more than the applicable Limit of Liability stated in Item 3 of the
Declarations.

The Insured will bear, in addition to the Deductible Amount, premiums on Lost
Instrument Bonds as set forth in Section 7.

There shall be no deductible applicable to any loss under Insuring Agreement
A sustained by any Investment Company named as Insured herein.

SECTION 13. TERMINATION

The Underwriter may terminate this bond as an entirety by furnishing written
notice specifying the termination date, which cannot be prior to 60 days after
the receipt of such written notice by each Investment Company named as Insured
and the Securities and Exchange Commission, Washington, D.C. The Insured may
terminate this bond as an entirety by furnishing written notice to the
Underwriter. When the Insured cancels, the Insured shall furnish written notice
to the Securities and Exchange Commission, Washington, D.C., prior to 60 days
before the effective date of the termination. The Underwriter shall notify all
other Investment Companies named as Insured of the receipt of such termination
notice and the termination cannot be effective prior to 60 days after receipt
of written notice by all other Investment Companies. Premiums are earned until
the termination date as set forth herein.

This Bond will terminate as to any one Insured immediately upon taking over of
such Insured by a receiver or other liquidator or by State or Federal officials,
or immediately upon the filing of a petition under any State or Federal statute
relative to bankruptcy or reorganization of the Insured, or assignment for the
benefit of creditors of the Insured, or immediately upon such Insured ceasing
to exist, whether through merger into another entity, or by disposition of all
of its assets.

The Underwriter shall refund the unearned premium computed at short rates in
accordance with the standard short rate cancellation tables if terminated by
the Insured or pro rata if terminated for any other reason.

This Bond shall terminate:
  (a) as to any Employee as soon as any partner, officer or supervisory
      Employee of the Insured, who is not in collusion with such Employee,
      shall learn of any dishonest or fraudulent act(s), including Larceny
      or Embezzlement on the part of such Employee without prejudice to the
      loss of any Property then in transit in the custody of such Employee
      (see Section 16(d)), or

  (b) as to any Employee 60 days after receipt by each Insured and by the
      Securities and Exchange Commission of a written notice from the
      Underwriter of its desire to terminate this bond as to such Employee,
      or

  (c) as to any person, who is a partner, officer or employee of any Electronic
      Data Processor covered under this bond, from and after the time that the
      Insured or any partner or officer thereof not in collusion with such
      person shall have knowledge or information that such person has committed
      any dishonest or fraudulent act(s), including Larceny or Embezzlement in
      the  service of the Insured or otherwise, whether such act be committed
      before or after the time this bond is effective.

SECTION 14. RIGHTS AFTER TERMINATION OR CANCELLATION

At any time prior to the termination or cancellation of this bond as an
entirety, whether by the Insured or the Underwriter, the Insured may give
the Underwriter notice that it desires under this bond an additional period
of 12 months within which to discover loss sustained by the Insured prior
to the effective date of such termination or cancellation and shall pay an
additional premium therefor.

Upon receipt of such notice from the Insured, the Underwriter shall give
its written consent thereto; provided, however, that such additional period
of time shall terminate immediately:

  (a) on the effective date of any other insurance obtained by the Insured,
      its successor in business or any other party, replacing in whole or
      in part the insurance afforded by this bond, whether or not such other
      insurance provides coverage for loss sustained prior to its effective
      date, or

  (b) upon takeover of the Insured's business by any State or Federal official
      or agency, or by any receiver or liquidator, acting or appointed for this
      purpose without the necessity of the Underwriter giving notice of such
      termination. In the event that such additional period of time is
      terminated, as provided above, the Underwriter shall refund any unearned
      premium.

The right to purchase such additional period for the discovery of loss may
not be exercised by any State or Federal official or agency, or by a receiver
or liquidator, acting or appointed to take over the Insured's business for
the operation or for the liquidation thereof or for any purpose.

SECTION 15. CENTRAL HANDLING OF SECURITIES

Securities included in the system for the central handling of securities
established and maintained by Depository Trust Company, Midwest Depository
Trust Company, Pacific Securities Depository Trust Company, and Philadelphia
Depository Trust Company, hereinafter called Corporations, to the extent of
the Insured's interest therein as effected by the making of appropriate
entries on the books and records of such Corporations shall be deemed to
be Property.

The words "Employee" and 'Employees" shall be deemed to include the
officers, partners, clerks and other employees of the New York Stock
Exchange, Boston Stock Exchange, Midwest Stock Exchange, Pacific Stock
Exchange and Philadelphia Stock Exchange, hereinafter called Exchanges,
and of the above named Corporations, and of any nominee in whose name
is registered any security included within the systems for the central
handling of securities established and maintained by such Corporations,
and any employee or any recognized service company, while such officers,
partners, clerks and other employees and employees of service companies
perform services for such Corporations in the operation of such systems.
For the purpose of the above definition a recognized service company
shall be any company providing clerks or other personnel to the said
Exchanges or Corporations on a contract basis.

The Underwriter shall not be liable on account of any loss(es) in
connection with the central handling of securities within the systems
established and maintained by such Corporations, unless such loss(es)
shall be in excess of the amount(s) recoverable or recovered under any
bond or policy of insurance indemnifying such Corporations against such
loss(es), and then the Underwriter shall be liable hereunder only for
the Insured's share of such excess loss(es), but in no event for more
than the Limit of Liability applicable hereunder.

For the purpose of determining the Insured's share of excess loss(es) it
shall be deemed that the Insured has an interest in any certificate
representing any security included within such systems equivalent to the
interest the Insured then has in all certificates representing the same
security included within such systems and that such Corporations shall use
their best judgment in apportioning the amount(s) recoverable or recovered
under any bond or policy of insurance indemnifying such Corporations against
such loss(es) in connection with the central handling of securities within
such systems among all those having an interest as recorded by appropriate
entries in the books and records of such Corporations in Property involved
in such loss(es) on the basis that each such interest shall share in the
amount(s) so recoverable or recovered in the ratio that the value of each
such interest bears to the total value all such interests and that the
Insured's share of such excess loss(es) shall be the amount of the
Insured's interest in such Property in excess of the amount(s) so
apportioned to the Insured by such Corporations.

This bond does not afford coverage in favor of such Corporations or Exchanges
or any nominee in whose name is registered any security included within the
systems for the central handling of securities established and maintained by
such Corporations, and upon payment to the Insured by the Underwriter on
account of any loss(es) within the systems, an assignment of such of the
Insured's rights and causes of action as it may have against such Corporations
or Exchanges shall to the extent of such payment, be given by the Insured to
the Underwriter, and the Insured shall execute all papers necessary to secure
the Underwriter the rights provided for herein.

SECTION 16. ADDITIONAL COMPANIES INCLUDED AS INSURED
If more than one corporation, co-partnership or person or any combination of
them be included as the Insured herein:

  (a) the total liability of the Underwriter hereunder for loss or losses
      sustained by any one or more or all of them shall not exceed the limit
      for which the Underwriter would be liable hereunder if all such loss
      were sustained by any one of them;

  (b) the one first named herein shall be deemed authorized to make, adjust
      and receive and enforce payment of all claims hereunder and shall be
      deemed to be the agent of the others for such purposes and for the giving
      or receiving of any notice required or permitted to be given by the terms
      hereof, provided that the Underwriter shall furnish each named Investment
      Company with a copy of the bond and with any amendment thereto, together
      with a copy of each formal filing of the settlement of each such claim
      prior to the execution of such settlement;

  (c) the Underwriter shall not be responsible for the proper application of
      any payment made hereunder to said first named Insured;

  (d) knowledge possessed or discovery made by any partner, officer of
      supervisory Employee of any Insured shall for the purposes of Section 4
      and Section 13 of this bond constitute knowledge or discovery by all the
      Insured; and

  (e) if the first named Insured ceases for any reason to be covered under this
      bond, then the Insured next named shall thereafter be considered as the
      first, named Insured for the purposes of this bond.

SECTION 17. NOTICE AND CHANGE OF CONTROL

Upon the Insured obtaining knowledge of a transfer of its outstanding voting
securities which results in a change in control (as set forth in Section 2(a)
(9) of the Investment Company Act of 1940) of the Insured, the Insured shall
within thirty (30) days of such knowledge give written notice to the
Underwriter setting forth:

  (a) the names of the transferors and transferees (or the names of the
      beneficial owners if the voting securities are requested in another
      name), and

  (b) the total number of voting securities owned by the transferors and the
      transferees (or the beneficial owners), both immediately before and
      after the transfer, and

  (c) the total number of outstanding voting securities.

As used in this section, control means the power to exercise a controlling
influence over the management or policies of the Insured.

Failing to give the required notice shall result in termination of coverage
of this bond, effective upon the date of stock transfer for any loss in which
any transferee is concerned or implicated.

Such notice is not required to be given in the case of an Insured which is an
Investment Company.

SECTION 18. CHANGE OR MODIFICATION

This bond or any instrument amending or effecting same may not be changed
or modified orally. No changes in or modification thereof shall be effective
unless made by written endorsement issued to form a part hereof over the
signature of the Underwriter's Authorized Representative. When a bond covers
only one Investment Company no change or modification which would adversely
affect the rights of the Investment Company shall be effective prior to 60
days after written notification has been furnished to the Securities and
Exchange Commission, Washington, D.C., by the Insured or by the Underwriter.
If more than one Investment Company is named as the Insured herein, the
Underwriter shall give written notice to each Investment Company and to the
Securities and Exchange Commission, Washington, D.C., not less than 60 days
prior to the effective date of any change or modification which would
adversely affect the rights of such Investment Company.

ICB005 Ed. 7-04 			12 of 12
2004 The Travelers Companies, Inc.

       THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.

The following spaces preceded by an (*) need not be completed if this
endorsement or rider and the Bond or Policy have the same inception date.

      ATTACHED TO AND FORMING   	DATE ENDORSEMENT 	* EFFECTIVE DATE
      PART OF BOND OR POLICY NO.	OR RIDER EXECUTED 	  OF ENDORSEMENT
								  OR RIDER

      ZBN-15R00556-13-N2		10/09/13		  09/30/13

		        					12:01 A.M. LOCAL TIME
								AS SPECIFIED IN THE
								BOND OR POLICY

* ISSUED TO
JF CHINA REGION FUND, INC.

				COMPUTER SYSTEMS

It is agreed that:
1. The attached bond is amended by adding an additional Insuring Agreement
as follows:

			INSURING AGREEMENT J COMPUTER SYSTEMS

Loss resulting directly from a fraudulent

	(1) entry of data into, or

	(2) change of data elements or program within,

 	a Computer System listed in the SCHEDULE below, provided the
        fraudulent entry or change causes

  (a) Property to be transferred, paid or delivered,

  (b) an account of the Insured, or of its customer, to be added,
      deleted, debited or credited, or

  (c) an unauthorized account or a fictitious account to be debited or
      credited, and provided further, the fraudulent entry or change is
      made or caused by an individual acting with the manifest intent to

	 (i) cause the Insured to sustain a loss, and

  	(ii) obtain financial benefit for that individual or for other
             persons intended by that individual to receive financial
             benefit.

					SCHEDULE

All systems utilized by the Insurer


2. As used in this Rider, Computer System means

  (a) computers with related peripheral components, including storage
      components, wherever located, systems and applications software,
      terminal devices, and related communication networks by which
      data are electronically collected, transmitted, processed, stored
      and retrieved.

3. In addition to the exclusions in the attached bond, the following
   exclusions are applicable to the Computer Systems Insuring Agreement:

  (a) loss resulting directly or indirectly from the theft of confidential
      information, material or data; and

  (b) loss resulting directly or indirectly from entries or changes made by
      an individual authorized to have access to a Computer System who acts
      in good faith on instructions, unless such instructions are given to
      that individual by a software contractor (or by a partner, officer or
      employee thereof) authorized by

ICB011 Rev. 2-10
(c) 2010 The Travelers Indemnity Company Page 1 of 2

      the Insured to design, develop, prepare, supply, service, write or
      implement programs for the Insured's Computer System; and

  (c) loss discovered by the Insured before this Rider is executed or after
      coverage under this Rider terminates.

4. Solely with respect to the Computer Systems Insuring Agreement, the
following replaces SECTION 9, NONREDUCTION AND NON-ACCUMULATION OF LIABILITY
AND TOTAL LIABILITY, (a) - (e), of the CONDITIONS AND LIMITATIONS:

  (a) all fraudulent activity of any one person, or in which any one person is
      implicated, whether or not that person is specifically identified, shall
      be deemed to be one loss, or

  (b) a series of losses involving unidentified persons but arising from the
      same method of operation shall be deemed to be one loss, and

5. The following is added to the OPTIONAL COVERAGE ADDED BY RIDER section of
   Item 3. of the DECLARATIONS:

				       Limit of Liability    Deductible Amount

Insuring Agreement J Computer Systems  $525,000              $15,000

6. The following is added to the CONDITIONS AND LIMITATIONS:

If any loss is covered under the Computer Systems Insuring Agreement and
any other Insuring Agreement or Coverage, the maximum amount payable for
such loss shall not exceed the largest amount available under any one such
Insuring Agreement or Coverage.

7. The following is added to SECTION 13. TERMINATION of the CONDITIONS AND
LIMITATIONS:

Coverage under this Rider may also be terminated or canceled without canceling
the bond as an entirety

  (a) 60 days after receipt by the Insured of written notice from the
      Underwriter of its desire to terminate or cancel coverage under this
      Rider, or

  (b) immediately upon receipt by the Underwriter of a written request from the
      Insured to terminate or cancel coverage under this Rider.

The Underwriter shall refund to the Insured the unearned premium for the
coverage under this Rider. The refund shall be computed at short rates if
this Rider be terminated or canceled or reduced by notice from, or at the
instance of, the Insured.


Nothing herein contained shall be held to vary, alter, waive, or extend any of
the terms, conditions, provisions, agreements or limitations of the above
mentioned Bond or Policy, other than as above stated.


					By _____________________________
					   Authorized Representative
				INSURED
ICB011 Rev.2-10
Page 2 of 2 				(c)2010 The Travelers Indemnity Company

			 ENDORSEMENT OR RIDER NO.
	THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.

The following spaces preceded by an (*) need not be completed if this
endorsement or rider and the Bond or Policy have the same inception date.

The hard copy of the bond issued by the Underwriter will be referenced in the
event of a loss.

      ATTACHED TO AND 		DATE ENDORSEMENT	* EFFECTIVE DATE OF
      FORMING PART OF		OR RIDER EXECUTED	ENDORSEMENT OR RIDER
      BOND OR POLICY NO.

      ZBN-15R00556-13-N2	10/09/13		09/30/13

        						12:01 A.M. STANDARD TIME
							AS SPECIFIED IN THE BOND
							OR POLICY


* ISSUED TO
JF CHINA REGION FUND, INC.

				UNAUTHORIZED SIGNATURES

It is agreed that:

1. The attached bond is amended by inserting an additional Insuring Agreement
as follows:

			INSURING AGREEMENT M UNAUTHORIZED SIGNATURE

  (A) Loss resulting directly from the Insured having accepted, paid
      or cashed any check or withdrawal order, draft, made or drawn
      on a customer's account which bears the signature or endorsement
      of one other than a person whose name and signature is on the
      application on file with the Insured as a signatory on such account.

  (B) It shall be a condition precedent to the Insured's right of recovery
      under this Rider that the Insured shall have on file signatures of
      all persons who are authorized signatories on such account.

2. The total liability of the Underwriter under Insuring Agreement
   M is limited to the sum of Fifty Thousand Dollars ($50,000 ), it
   being Understood, however, that such liability shall be part of
   and not in addition to the Limit of Liability stated in Item 3 of
   the Declarations of the attached bond or amendment thereof.

3. With respect to coverage afforded under this Rider, the Deductible
   Amount Shall be Five Thousand Dollars ($5,000 ).

Nothing herein contained shall be held to vary, alter, waive, or extend any
of the terms, conditions, provisions, agreements or limitations of the above
mentioned Bond or Policy, other than as above stated.

					By _____________________________
					   Authorized Representative

				INSURED
ICB012 Ed. 7-04
(c) 2004 The Travelers Indemnity Company. All rights reserved.

			ENDORSEMENT OR RIDER NO.
	THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.

The following spaces preceded by an (*) need not be completed if this
endorsement or rider and the Bond or Policy have the same inception date.

The hard copy of the bond issued by the Underwriter will be referenced in the
event of a loss.

      ATTACHED TO AND 		DATE ENDORSEMENT	* EFFECTIVE DATE OF
      FORMING PART OF		OR RIDER EXECUTED	ENDORSEMENT OR RIDER
      BOND OR POLICY NO.

      ZBN-15R00556-13-N2	10/09/13		09/30/13

        						12:01 A.M. STANDARD TIME
							AS SPECIFIED IN THE BOND
							OR POLICY

* ISSUED TO
JF CHINA REGION FUND, INC.

			TELEFACSIMILE TRANSACTIONS

It is agreed that:
1. The attached Bond is amended by adding an additional Insuring Agreement as
follows:

INSURING AGREEMENT L TELEFACSIMILE TRANSACTIONS

Loss caused by a Telefacsimile Transaction, where the request for such
Telefacsimile Transaction is unauthorized or fraudulent and is made with
the manifest intent to deceive; provided, that the entity which receives
such request generally maintains and follows during the Bond Period all
Designated Fax Procedures with respect to Telefacsimile Transactions.
The isolated failure of such entity to maintain and follow a particular
Designated Fax Procedure in a particular instance will not preclude
coverage under this Insuring Agreement, subject to the exclusions
herein and in the Bond.

2. Definitions. The following terms used in this Insuring Agreement shall
   have the following meanings:

      a. "Telefacsimile System" means a system of transmitting and reproducing
      	  fixed graphic material (as, for example, printing) by means of signals
      	  transmitted over telephone lines.

      b. "Telefacsimile Transaction" means any Fax Redemption, Fax Election,
	  Fax Exchange, or Fax Purchase.

      c. "Fax Redemption" means any redemption of shares issued by an
          Investment Company which is requested through a Telefacsimile System.

      d. "Fax Election" means any election concerning dividend options
          available to Fund shareholders which is requested through a
          Telefacsimile System.

      e. "Fax Exchange" means any exchange of shares in a registered account
          of one Fund into shares in an identically registered account of
          another Fund in the same complex pursuant to exchange privileges
          of the two Funds, which exchange is requested through a
          Telefacsimile System.

      f. "Fax Purchase" means any purchase of shares issued by an
          Investment Company which is requested through a Telefacsimile
          System.

      g. "Designated Fax Procedures" means the following procedures:

	(1) Retention: All Telefacsimile Transaction requests shall be
	    retained for at least six (6) months. Requests shall be
            capable of being retrieved and produced in legible form
            within a reasonable time after retrieval is requested.

	(2) Identity Test: The identity of the sender in any request for
            a Telefacsimile Transaction shall be tested before executing
            that Telefacsimile Transaction, either by requiring the sender
            to include on the face of the request a unique identification
	    number or to include key specific account information. Requests
	    of Dealers must be on company letterhead and be signed by an
            authorized representative. Transactions by occasional users
	    are to be verified by telephone confirmation.

ICB013 Ed. 7-04 Page 1 of 2
2004 The Travelers Indemnity Company. All rights reserved.

  	(3) Contents: A Telefacsimile Transaction shall not be executed
	    unless the request for such Telefacsimile Transaction is dated
	    and purports to have been signed by (a) any shareholder or
	    subscriber to shares issued by a Fund, or (b) any financial
            or banking institution or stockbroker.

	(4) Written Confirmation: A written confirmation of each Telefacsimile
	    Transaction shall be sent to the shareholder(s) to whose account
            such Telefacsimile Transaction relates, at the record address, by
            the end of the Insured's next regular processing cycle, but no
	    later than five (5) business days following such Telefacsimile
 	    Transaction.

	i. "Designated" means or refers to a written designation signed by
            a shareholder of record of a Fund, either in such shareholder's
	    initial application for the purchase of Fund shares, with or
	    without a Signature Guarantee, or in another document with a
	    Signature Guarantee.

	j. "Signature Guarantee" means a written guarantee of a signature,
	    which guarantee is made by an Eligible Guarantor Institution as
	    defined in Rule 17Ad-15(a)(2) under the Securities Exchange
	    Act of 1934.

3. Exclusions. It is further understood and agreed that this Insuring Agreement
   shall not cover:

a. Any loss covered under Insuring Agreement A, "Fidelity," of this Bond; and

b. Any loss resulting from:

	(1) Any Fax Redemption, where the proceeds of such redemption were
	    requested to be paid or made payable to other than (a) the
            shareholder of record, or (b) a person Designated in the initial
	    application or in writing at least one (1) day prior to such
	    redemption to receive redemption proceeds, or (c) a bank account
	    Designated in the initial application or in writing at least one
	    (1) day prior to such redemption to receive redemption proceeds;
      	    or

	(2) Any Fax Redemption of Fund shares which had been improperly credited
	    to a shareholder's account, where such shareholder (a) did not cause,
	    directly or indirectly, such shares to be credited to such account,
	    and (b) directly or indirectly received any proceeds or other benefit
	    from such redemption; or

	(3) Any Fax Redemption from any account, where the proceeds of such
	    redemption were requested to be sent to any address other than the
	    record address or another address for such account which was
	    designated (a) over the telephone or by telefacsimile at least
	    fifteen (15) days prior to such redemption, or (b) in the initial
	    application or in writing at least one (1) day prior to such
	    redemption; or

	(4) The intentional failure to adhere to one or more Designated Fax
      	    Procedures; or

	(5) The failure to pay for shares attempted to be purchased.

4. The Single Loss Limit of Liability under Insuring Agreement L is
limited to the sum of Five Hundred Twenty Five Thousand Dollars ($525,000)
it being understood, however, that such liability shall be part of and not
in addition to the Limit of Liability stated in Item 3 of the Declarations
of the attached Bond or amendments thereof.

5. With respect to coverage afforded under this Rider the applicable Single
loss Deductible Amount is Fifteen Thousand Dollars ($15,000).

Nothing herein contained shall be held to vary, alter, waive, or extend any of
the terms, conditions, provisions, agreements or limitations of the above
mentioned Bond or Policy, other than as above stated.

					By _____________________________
					   Authorized Representative

				INSURED
ICB013 Ed. 7-04 Page 2 of 2
(c) 2004 The Travelers Indemnity Company. All rights reserved.

			ENDORSEMENT OR RIDER NO.
	THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.

The following spaces preceded by an (*) need not be completed if this
endorsement or rider and the Bond or Policy have the same inception date.

The hard copy of the bond issued by the Underwriter will be referenced in
the event of a loss.


      ATTACHED TO AND 		DATE ENDORSEMENT	* EFFECTIVE DATE OF
      FORMING PART OF		OR RIDER EXECUTED	ENDORSEMENT OR RIDER
      BOND OR POLICY NO.

      ZBN-15R00556-13-N2	10/09/13		09/30/13

        						12:01 A.M. STANDARD TIME
							AS SPECIFIED IN THE BOND
							OR POLICY


* ISSUED TO
JF CHINA REGION FUND, INC.

			VOICE INITIATED TRANSACTIONS

It is agreed that:

1. The attached bond is amended by inserting an additional Insuring Agreement
as follows:

INSURING AGREEMENT K - VOICE-INITIATED TRANSACTIONS

Loss caused by a Voice-initiated Transaction, where the request for such
Voice-initiated Transaction is unauthorized or fraudulent and is made with
the manifest intent to deceive; provided, that the entity which receives
such request generally maintains and follows during the Bond Period all
Designated Procedures with respect to Voice-initiated Redemptions and the
Designated Procedures described in paragraph 2f (1) and (3) of this Rider
with respect to all other Voice-initiated Transactions. The isolated
failure of such entity to maintain and follow a particular Designated
Procedure in a particular instance will not preclude coverage under this
Insuring Agreement, subject to the specific exclusions herein and in the Bond.

2. Definitions. The following terms used in this Insuring Agreement shall have
   the following meanings:

      	a. "Voice-initiated Transaction" means any Voice-initiated Redemption,
      	    Voice-initiated Election, Voice-initiated Exchange, or
            Voice-initiated Purchase.

	b. "Voice-initiated Redemption" means any redemption of shares issued
           by an Investment Company which is requested by voice over the
           telephone.

	c. "Voice-initiated Election" means any election concerning dividend
            options available to Fund shareholders which is requested by
	    voice over the telephone.

	d. "Voice-initiated Exchange" means any exchange of shares in a
           registered account of one Fund into shares in an identically
           registered account of another Fund in the same complex pursuant
           to exchange privileges of the two Funds, which exchange is
           requested by voice over the telephone.

	e. "Voice-initiated Purchase" means any purchase of shares issued
           by an Investment Company which is requested by voice over the
           telephone.

        f. "Designated Procedures" means the following procedures:

		(1) Recordings: All Voice-initiated Transaction requests shall
		    be recorded, and the recordings shall be retained for at 3
                    least six (6) months. Information contained on the
		    recordings shall be capable of being retrieved and
                    produced within a reasonable time after retrieval of
                    specific information is requested, at a success rate of
                    no less than 85%.

      		(2) Identity Test: The identity of the caller in any request for
                    a Voice-initiated Redemption shall be tested before
                    executing that Voice-initiated Redemption, either by
		    requesting the caller to state a unique identification
  		    number or to furnish key specific account information.

      		(3) Written Confirmation: A written confirmation of each Voice-
		    initiated Transaction and of each change of the record
		    address of a Fund shareholder requested by voice over the
		    telephone shall be mailed to the shareholder(s) to whose
		    account such Voice-initiated Transaction or change of address
		    relates, at the original record address (and, in the case of
		    such change of address, at the changed record address) by
		    the end of the Insured's next regular processing cycle, but
		    no later than five (5) business days following such Voice-
		    initiated Transaction or change of address.

  	g. "Investment Company" or "Fund" means an investment company registered
	    under the Investment Company Act of 1940.

	h. "Officially Designated" means or refers to a written designation
	    signed by a shareholder of record of a Fund, either in such
	    shareholder's initial application for the purchase of Fund shares,
	    with or without a Signature Guarantee, or in another document with
            a Signature Guarantee.

  	i. "Signature Guarantee" means a written guarantee of a signature,
	    which guarantee is made by a financial or banking institution
            whose deposits are   insured by the Federal Deposit Insurance
	    Corporation or by a broker which is a member of any national
	    securities exchange registered under the Securities Exchange
 	    Act of 1934.

3. Exclusions. It is further understood and agreed that this Insuring Agreement
shall not cover:

a.  Any loss covered under Insuring Agreement A, "Fidelity, " of this Bond; and

b.  Any loss resulting from:

	(1) Any Voice-initiated Redemption, where the proceeds of such
	    redemption were requested to be paid or made payable to
	    other than (a) the shareholder of record, or (b) a person
	    Officially Designated to receive redemption proceeds, or
	    (c) a bank account Officially Designated to receive
	    redemption proceeds; or

	 (2) Any Voice-initiated Redemption of Fund shares which had been
	     improperly credited to a shareholder's account, where such
	     shareholder (a) did not cause, directly or indirectly, such
	     shares to be credited to such account, and (b) directly or
	     indirectly received any proceeds or other benefit from such
             redemption; or

        (3) Any Voice-initiated Redemption from any account, where the
	    proceeds of such redemption were requested to be sent (a)
	    to any address other than the record address for such account,
	    or (b) to a record address for such account which was either
	    (i) designated over the telephone fewer than thirty (30) days
	    prior to such redemption, or (ii) designated in writing less
	    than on (1) day prior to such redemption; or

	(4) The intentional failure to adhere to one or more Designated
            Procedures; or

        (5) The failure to pay for shares attempted to be purchased; or

	(6) Any Voice-initiated Transaction requested by voice over the
	    telephone and received by an automated system which receives
	    and converts such request to executable instructions.

4. The total liability of the Underwriter under Insuring Agreement K is
limited to the sum of Five Hundred Twenty Five Thousand Dollars ($525,000),
it being understood, however, that such liability shall be part of and not
in addition to the Limit of Liability stated in Item 3 of the Declarations
of the attached bond or amendment thereof.

5. With respect to coverage afforded under this Rider the applicable Deductible
Amount is Fifteen Thousand Dollars ($15,000 ).

Nothing herein contained shall be held to vary, alter, waive, or extend any
of the terms, conditions, provisions, agreements or limitations of the above
mentioned Bond or Policy, other than as above stated.

					By _____________________________
					   Authorized Representative

				INSURED
				Page 2 of 2
ICB014 Ed. 7-04
(c) 2004 the Travelers Indemnity Company. All rights reserved.

			ENDORSEMENT OR RIDER NO.
      THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.

The following spaces preceded by an (*) need not be completed if this
endorsement or rider and the Bond or Policy have the same inception date.
The hard copy of the bond issued by the Underwriter will be referenced in
the event of a loss.


      ATTACHED TO AND 		DATE ENDORSEMENT	* EFFECTIVE DATE OF
      FORMING PART OF		OR RIDER EXECUTED	ENDORSEMENT OR RIDER
      BOND OR POLICY NO.

      ZBN-15R00556-13-N2	10/09/13		09/30/13

        						12:01 A.M. STANDARD TIME
							AS SPECIFIED IN THE BOND
							OR POLICY

* ISSUED TO
JF CHINA REGION FUND, INC.

		   DEFINITION OF INVESTMENT COMPANY

It is agreed that:

1. Section 1, Definitions, under General Agreements is amended to include
the following paragraph:

(f) Investment Company means an investment company registered
under the Investment Company Act of 1940 and as listed under
the names of Insureds on the Declarations.

Nothing herein contained shall be held to vary, alter, waive, or extend any of
the terms, conditions, provisions, agreements or limitations of the above
mentioned Bond or Policy, other than as above stated.

					By _____________________________
					   Authorized Representative

				INSURED
ICB016 Ed. 7-04
(c) 2004 The Travelers Indemnity Company. All rights reserved.

			ENDORSEMENT OR RIDER NO.
      THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.

The following spaces preceded by an (*) need not be completed if this
endorsement or rider and the Bond or Policy have the same inception date.

      ATTACHED TO AND 		DATE ENDORSEMENT	* EFFECTIVE DATE OF
      FORMING PART OF		OR RIDER EXECUTED	ENDORSEMENT OR RIDER
      BOND OR POLICY NO.

      ZBN-15R00556-13-N2	10/09/13		09/30/13

        						12:01 A.M. STANDARD TIME
							AS SPECIFIED IN THE BOND
							OR POLICY

* ISSUED TO
JF CHINA REGION FUND, INC.

		AMEND DEFINITION OF EMPLOYEE (INCLUDE CONTRACTORS)

It is agreed that:

1. Section 1(a) EMPLOYEES, under Definitions -CONDITIONS AND LIMITATIONS, is
amended to include the following sub-section;
(10) A person provided by an employment contractor to perform duties for the
Insured under the Insured's supervision at any of the Insured's offices or
premises covered hereunder.

Nothing herein contained shall be held to vary, alter, waive, or extend any of
the terms, conditions, provisions, agreements or limitations of the above
mentioned Bond or Policy, other than as above stated.

					By _____________________________
					   Authorized Representative


				INSURED
ICB022 Ed. 7-04
(c) 2004 The Travelers Indemnity Company. All rights reserved.

			ENDORSEMENT OR RIDER NO.
      THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.

The following spaces preceded by an (*) need not be completed if this
endorsement or rider and the Bond or Policy have the same inception date.

The hard copy of the bond issued by the Underwriter will be referenced in
the event of a loss.


      ATTACHED TO AND 		DATE ENDORSEMENT	* EFFECTIVE DATE OF
      FORMING PART OF		OR RIDER EXECUTED	ENDORSEMENT OR RIDER
      BOND OR POLICY NO.

      ZBN-15R00556-13-N2	10/09/13		09/30/13

        						12:01 A.M. STANDARD TIME
							AS SPECIFIED IN THE BOND
							OR POLICY
* ISSUED TO
JF CHINA REGION FUND, INC.

			ADD EXCLUSIONS (N) & (O)

It is agreed that:

1. Section 2, Exclusions, under General Agreements, is amended to include the
following sub-sections:

  (n) loss from the use of credit, debit, charge, access, convenience,
      identification, cash management or other cards, whether such cards
      were issued or purport to have been issued by the Insured or by
      anyone else, unless such loss is otherwise covered under Insuring
      Agreement A.

  (o) the underwriter shall not be liable under the attached bond for loss
      due to liability imposed upon the Insured as a result of the unlawful
      disclosure of non-public material information by the Insured or any
      Employee, or as a result of any Employee acting upon such information,
      whether authorized or unauthorized.

Nothing herein contained shall be held to vary, alter, waive, or extend any of
the terms, conditions, provisions, agreements or limitations of the above
mentioned Bond or Policy, other than as above stated.

					By _____________________________
					   Authorized Representative

				INSURED
ICB026 Ed. 7-04
(c) 2004 The Travelers Indemnity Company. All rights reserved.

			ENDORSEMENT OR RIDER NO.
      THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.

The following spaces preceded by an (*) need not be completed if this
endorsement or rider and the Bond or Policy have the same inception date.

The hard copy of the bond issued by the Underwriter will be referenced in the
event of a loss.

      ATTACHED TO AND 		DATE ENDORSEMENT	* EFFECTIVE DATE OF
      FORMING PART OF		OR RIDER EXECUTED	ENDORSEMENT OR RIDER
      BOND OR POLICY NO.

      ZBN-15R00556-13-N2	10/09/13		09/30/13

        						12:01 A.M. STANDARD TIME
							AS SPECIFIED IN THE BOND
							OR POLICY
* ISSUED TO
JF CHINA REGION FUND, INC.

			NEW YORK STATUTORY RIDER

1. The first paragraph of Section 13. "TERMINATION" under Conditions and
Limitations is amended by adding the following:

Cancellation of this bond by the Underwriter is subject to the following
provisions:

If the bond has been in effect for 60 days or less, it may be canceled by
the Underwriter for any reason. Such cancellation shall be effective 60
days after the Underwriter mails a notice of cancellation to the first-named
Insured at the mailing address shown in the bond. However, if the bond has
been in effect for more than 60 days or is a renewal, then cancellation must
be based on one of the followings grounds:

  (A) non-payment of premium, however, that a notice of cancellation on
	this ground shall inform the insured of the amount due;

  (B) conviction of crime arising out of acts increasing the hazard insured
      against;

  (C) discovery of fraud or material misrepresentation in the obtaining
      of the bond or in the presentation of claim thereunder;

  (D) after issuance of the bond or after the last renewal date, discovery
      of an act or omission, or a violation of any bond condition that
      substantially and materially increases the hazard Insured against,
      and which occurred subsequent to inception of the current bond period;

  (E) material change in the nature or extent of the risk, occurring after
      issuance or last annual renewal anniversary date of the bond, which
      causes the risk of loss to be substantially and materially increased
      beyond that contemplated at the time the bond was issued or
      last renewed;

  (F) the cancellation is required pursuant to a determination by the
      superintendent that continuation of the present premium volume of
      the Insurer would jeopardize the Insurer's solvency or be hazardous
      to the interest of the Insureds, the Insurer's creditors or the public;

  (G) a determination by the superintendent that the continuation of the bond
      would violate, or would place the Insurer in violation of, any provision
      of the New York State Insurance laws.

  (H) where the Insurer has reason to believe, in good faith and with
      sufficient cause, that there is a possible risk or danger that the
      Insured property will be destroyed by the Insured for the purpose of
      collecting the insurance proceeds, provided, however, that:

	(i) a notice of cancellation on this ground shall inform the Insured
	in plain language that the Insured must act within ten days if review
	by the Insurance Department of the State of New York of the ground for
      	cancellation is desired, and

	(ii) notice of cancellation on this ground shall be provided
	simultaneously by the Insurer to the Insurance Department of
	the State of New York.

	(iii) upon written request of the Insured made to the Insurance
	Department of the State of New York within ten days from the
	Insured's receipt of notice of cancellation on this ground, the
	department shall undertake a review of the ground for
	cancellation to determine whether or not the Insurer has satisfied
	the criteria for cancellation specified in this subparagraph; if
	after such review the

ICB057 Ed. 4-05 Page 1 of 2
(c) 2005 The Travelers Indemnity Company. All rights reserved.

	department finds not sufficient cause for cancellation on this
	ground, the notice of cancellation on this ground should be deemed
	null and void.

Cancellation based on one of the above grounds shall be effective 60 days after
the notice of cancellation is mailed or delivered tothe Named Insured, at the
address shown on the bond, and to it authorized agent or broker.

2. If the Underwriter elects not to replace a bond at the termination of
the Bond Period, it shall notify the Insured not more than 120 days nor
less than 60 days before termination. If such notice is given late, the
bond shall continue in effect for 60 days after such notice is given.
The Aggregate Limit of Liability shall not be increased or reinstated.
The notice not to replace shall be mailed to the Insured and its broker
or agent.

3. If the Underwriter elects to replace the bond, but with a change of
limits, reduced coverage, increased deductible, additional exclusion,
or upon increased premiums in excess of ten percent (exclusive of any
premium increase as a result of experience rating), the Underwriter
must mail written notice to the Insured and its agent or broker not
more than 120 days nor less than 60 days before replacement.
If such notice is given late, the replacement bond shall be in effect
with the same terms, conditions and rates as the terminated bond for
60 days after such notice is given.

4. The Underwriter may elect to simply notify the Insured that the bond
will either be not renewed or renewed with different terms, conditions
or rates. In this event, the Underwriter will inform the Insured that
a second notice will be sent at a later date specifying the Underwriter's
exact intention. The Underwriter shall inform the Insured that, in the
meantime, coverage shall continue on the same terms, conditions and rates
as the expiring bond until the expiration date of the bond or 60 days
after the second notice is mailed or delivered, whichever is later.

Nothing herein contained shall be held to vary, alter, waive, or
extend any of the terms, conditions, provisions, agreements or
limitations of the above mentioned Bond or Policy, other than
as above stated.

					By _____________________________
					   Authorized Representative


				INSURED
ICB057 Ed. 4-05 Page 2 of 2
(c) 2005 The Travelers Indemnity Company. All rights reserved.