Full name of the fund |
China Shipping Medium and Short term Bond Securities Investment Fund |
Fund abbreviation |
China Shipping Medium and Short term Bond A |
Fund code |
000674 |
date of establishment |
2014/8/29 |
Listing date |
-- |
Duration (years) |
-- |
Listing place |
-- |
Total fund shares (100 million) |
1.044 (2024/3/31) |
Listing and circulating shares (100 million) |
1.044 (2024/3/31) |
Fund size (100 million yuan) |
0.97 (2024/3/31) |
Stock selection style |
- (yearly and quarterly) |
Fund manager |
China Shipping Fund Management Co., Ltd |
Fund Custodian |
Agricultural Bank of China Limited |
fund manager |
Shao Qiang Zhao Ming |
Operation mode |
Tiered sub fund |
Fund type |
Grading fixed income |
Secondary classification |
Hierarchical - aggressive bond |
Agency |
Banks (17 in total) |
Agency |
Securities (55 in total) |
Minimum participation amount (yuan) |
|
Minimum Redemption Units |
|
Investment objectives |
On the premise of strictly controlling risks and maintaining high liquidity, the Fund strives to obtain returns beyond the benchmark of fund performance for fund share holders and realize the steady appreciation of fund assets by focusing on short-term and medium-term bonds. |
Fund Benchmark |
China Bond Total Wealth (1-3 years) Index yield × 80%+1-year fixed deposit interest rate (after tax) published by the People's Bank of China × 20% |
scope of investment |
The Fund mainly invests in financial instruments with good liquidity, including fixed income financial instruments such as government bonds, central bank bills, financial bonds, corporate bonds, corporate bonds, convertible bonds, SME private placement bonds, medium-term notes, short-term financing bonds, local government bonds, asset-backed securities, bond repurchase, bank deposits, money market instruments, stocks Warrants and other equity assets, as well as other financial instruments that the fund is allowed to invest by laws and regulations or the CSRC, but must comply with the relevant provisions of the CSRC. If laws and regulations or regulatory authorities allow the fund to invest in other varieties in the future, the fund manager may include them into the investment scope after performing appropriate procedures. The Fund Manager shall, within 6 months from the effective date of the Fund Contract, make the proportion of the Fund's investment portfolio conform to the relevant provisions above.
|
Risk return characteristics |
The Fund is a bond fund, and its expected risk and return level is lower than that of equity funds and hybrid funds, and higher than that of money market funds.
|
Principle of income distribution |
1. On the premise of meeting the dividend conditions of relevant funds, the number of annual income distributions of the Fund is up to 12; If the amount of distributable income of every 10 fund units of the Fund is higher than 0.3 yuan (inclusive) after the closing of the last trading day of each month, the Fund must distribute the income within 10 working days, and the proportion of each fund income distribution shall not be less than 10% of the distributable income; If the fund contract takes effect less than 3 months ago, no income distribution is required; 2. There are two ways of income distribution of the Fund: cash dividends and dividend reinvestment. Investors can choose cash dividends or automatically convert cash dividends into fund shares for reinvestment; If the investor does not choose, the default income distribution method of the Fund is cash dividends; 3. The net value of fund units after the distribution of fund income cannot be lower than the par value, that is, the net value of fund units on the base date of fund income distribution minus the amount of income distribution per unit of fund units cannot be lower than the par value; 4. Each fund unit has the same right of distribution; 5. If laws and regulations or regulatory authorities have other provisions, such provisions shall prevail. |