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China Shipping Tianrui Regular Open Hybrid Securities Investment Fund
Fund product information summary update
Prepared on: February 23, 2024
Date of delivery: February 29, 2024
This summary provides important information about the Fund and is part of the Prospectus.
Please read the complete prospectus and other sales documents before making an investment decision.
1、 Product Overview
Fund Abbreviation: China Shipping Tianrui Fixed Open Hybrid Fund Code: 005252
Fund Manager China Overseas Fund Management Co., Ltd. Fund Custodian Agricultural Bank of China Limited
Effective date of fund contract: January 19, 2018 Listing exchange and listing date-
Fund type Mixed transaction currency RMB
Operation Mode Regular Open Frequency The Fund will be open for subscription and redemption every six months after the Fund Contract comes into effect. The Fund will enter the opening period from the first working day (including that day) after the end of each closing period, during which subscription and redemption businesses can be handled. In principle, each opening period of the Fund shall not be less than 5 working days and not more than 20 working days at most. The specific time of the opening period shall be subject to the announcement of the Fund Manager at that time. During the opening period, investors can purchase and redeem fund units in accordance with relevant business rules.
The date when Zhang Jun, the Fund Manager, began to serve as the Fund Manager of the Fund February 20, 2021
Securities practice date July 1, 2012
2、 Fund investment and net worth performance
（1） Investment objectives and strategies
Investors should read the "IX. Fund Investment" section of the Prospectus of China Shipping Tianrui Regular Open Hybrid Securities Investment Fund for details
Situation.
Investment objective The Fund will strive to achieve returns beyond the benchmark of fund performance for fund share holders and achieve steady appreciation of fund assets under the premise of strict risk control.
Investment Scope The investment scope of the Fund includes stocks issued and listed in China according to law (including small and medium-sized board, GEM and other stocks approved by the CSRC to be listed), stock index futures, warrants Bonds (including government bonds, central bank bills, financial bonds, corporate bonds, corporate bonds, subordinated bonds, local government bonds, medium-term notes, convertible bonds (including convertible bonds with separate transactions), short-term financing bonds, ultra short-term financing bonds, etc.), asset-backed securities, bond repurchase, bank deposits (including negotiated deposits
Time deposits and other bank deposits), inter-bank deposit receipts, money market instruments and other financial instruments permitted by laws and regulations or by the CSRC for fund investment (subject to the relevant provisions of the CSRC). If laws and regulations or regulators 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, and their investment proportion shall comply with the then effective laws and regulations and relevant provisions. The proportion of the Fund's investment portfolio is: the proportion of equity assets in the Fund's investment portfolio is 0% - 30% of the Fund's assets. During the opening period, at the end of each trading day, after deducting the trading deposits required to be paid for stock index futures contracts, the investment proportion of cash or government bonds with a maturity date of less than one year shall not be less than 5% of the net asset value of the Fund. During the closing period, the Fund is not subject to the above 5% limit, but after deducting the trading deposits required to be paid for stock index futures at the end of each trading day, It shall keep the cash no less than one time of the trading margin. The aforesaid cash assets do not include settlement reserves, deposits, purchase accounts receivable, etc.
Main investment strategy 1, asset allocation strategy; 2. Bond investment strategy: 1) duration allocation; 2) Term structure allocation; 3) Bond category allocation/individual bond selection; 3. Convertible bond investment strategy; 4. Asset backed securities investment strategy; 5. Stock investment strategy; 6. Stock index futures investment strategy; 7. Warrant investment strategy; 8. Investment strategy in the opening period.
Performance comparison benchmark: China Securities Total Bond Index yield × 70%+Shanghai Shenzhen 300 Index yield × 30%
Risk return characteristics The Fund is a hybrid fund, which belongs to the medium risk category of securities investment funds. Its expected risk and expected return level is lower than that of equity funds and higher than that of bond funds and money market funds.
（2） Portfolio Asset Allocation Chart/Regional Allocation Chart
（3） The annual net value growth rate of the fund since the fund contract came into force/in the last ten years (whichever is shorter) and the comparison chart with the performance benchmark in the same period
Note: If the year when the contract takes effect is less than a complete natural year, the net value growth rate shall be calculated according to the actual period. The performance deadline is December 31, 2023.
Past performance of the Fund does not represent future performance.
3、 Expenses involved in investing in the Fund
（1） Fund sales related expenses
The following fees are charged in the process of subscribing/subscribing/redeeming funds:
Charge type share (S) or amount (M)/holding period (N) Charge method/rate remarks
Subscription fee (pre charge) M＜1,000,000 1.00% Non pension customers
M＜1,000,000 0.40% Pension customers
1000000 ≤ M ＜ 5000000 0.60% non pension customers
1000000 ≤ M ＜ 5000000 0.18% pension customers
M ≥ 5000000 1000 yuan/non pension customer
M ≥ 5000000 1000 yuan/pension customer
Redemption fee N ＜ 7 days 1.50%-
7 days ≤ N ＜ 30 days 0.50%-
N ≥ 30 days 0.00%-
（2） Fund operation related expenses
The following expenses will be deducted from the fund assets:
Fee category Charging method/annual fee rate
Management fee 0.80%
Custody fee 0.20%
Sales service fee 0.10%
Note: The expenses and taxes incurred by the Fund in trading securities and funds shall be deducted from the Fund assets according to the actual amount incurred.
4、 Risk disclosure and important tips
（1） Risk disclosure
The Fund does not provide any guarantee. Investors may lose their investment principal.
The investment is risky, and investors should carefully read the Prospectus and other sales documents of the Fund when purchasing the Fund.
The main risks of the Fund are as follows:
1. The Fund's unique risks
1) The Fund can invest in asset-backed securities, which have certain risks such as price fluctuation risk, liquidity risk and credit risk,
The Company will invest in asset-backed securities in the principle of prudence and risk control. Fund share holders are requested to pay attention to the investment in asset-backed securities, including the investment certificate
Various risks including the fluctuation of fund net value that may be caused by bonds.
2) The Fund includes stock index futures into its investment scope. The stock index futures adopt the margin trading system. Since margin trading is leveraged, when
In case of adverse market conditions, minor changes may cause greater losses to investors' rights and interests. At the same time, the stock index futures are settled daily without liabilities
System. If the margin is not replenished within the specified time, the position will be forced to be closed as required, which may cause significant losses to the net value of the fund.
3) Risks of regular opening mechanism
(1) The Fund will be open for subscription and redemption every 6 months after the Fund Contract comes into effect, and the start date and end date of each opening period correspond to
The calendar date of may be different, therefore, investors need to pay attention to the relevant announcements of the Fund to avoid being unable to subscribe or redeem the Fund due to missing the opening period
Share. If the fund unit holders miss an opening period and fail to redeem, their units will be transferred to the next closing period and can be redeemed until the next opening period.
(2) In case of huge redemption on a single open day during the Fund's opening period, the Fund Manager shall apply for redemption in accordance with laws and regulations and the Fund Contract
It should be handled and confirmed on the same day, which may lead to difficulties in the realization of the Fund's assets and force the Fund Manager to sell its investment varieties to
To meet the cash needs of the Fund's redemption, therefore, when the Fund's huge redemption is fully confirmed on a single open day
It is still possible for the holders of fund shares to postpone the payment of redemption money, and the holders of fund shares that have not been redeemed may still bear the risk of short-term realization
The negative impact of the impact cost on the net assets of the fund.
2. Market risk
The Fund is a hybrid securities investment fund. The investment portfolio is mainly composed of equity assets such as stocks and fixed income assets such as bonds
The market price is affected by various factors, leading to risks arising from changes in the level of fund returns, mainly including policy risk, economic cycle risk, and interest
Rate risk, inflation risk, credit risk and reinvestment risk.
3. Common risks of open-ended funds include compliance risk, management risk, liquidity risk and other risks.
4. Unique Risks of Investing in Sci Tech Innovation Board Stocks
The Fund's assets are invested in science and technology innovation board stocks, meeting the special features brought by the differences in investment objects, market systems, trading rules and other factors under the Pro Science and Technology Innovation Board mechanism
There are risks, including but not limited to market risk, liquidity risk, delisting risk, concentration risk, systematic risk, policy risk, etc.
5. The Fund also has the risk of using the side pocket mechanism.
（2） Important tips
China Shipping Tianrui Regular Open Hybrid Securities Investment Fund (hereinafter referred to as "the Fund") was certified by the China Securities Regulatory Commission on May 15, 2017
Permit [2017] No. 715 document to register and raise funds. The registration of the Fund raised by the CSRC does not indicate the value and income of the Fund
Substantive judgment or assurance does not mean that there is no risk in investing in the Fund.
The Fund Manager shall manage and use the Fund assets in accordance with the principles of due diligence, honesty, prudence and diligence, but does not guarantee that the Fund will be profitable
Minimum returns are not guaranteed.
When a fund investor acquires fund units in accordance with the fund contract, he or she becomes the holder of fund units and the party to the fund contract.
The expression of the risk return characteristics of the Fund represents the long-term risk return characteristics of the Fund under general market conditions. Sales agencies (including fund management
People's direct selling institutions and other sales institutions) evaluate the risk of the Fund in accordance with relevant laws and regulations, and the evaluation methods adopted by different sales institutions
Therefore, the risk rating evaluation of sales agencies may be different from the description of risk return characteristics in this document. Investors are purchasing the Fund
The matching test between risk tolerance and product risk shall be completed according to the requirements of the sales organization.
If the summary information of the fund product information changes significantly, the fund manager will update it within three working days. If other information changes, the fund
The administrator is updated once a year. Therefore, the content of this document may lag behind the actual situation of the Fund. If it is necessary to obtain it in a timely and accurate manner
Please also pay attention to the relevant temporary announcements issued by the fund manager.
5、 Other data query methods
For the following information, please refer to the official website of China Overseas Fund [www.zhfund. com] [Customer Service Tel.: 400-888-9788]
The Fund Contract of China Shipping Tianrui Regular Open Hybrid Securities Investment Fund, the Custody Agreement of China Shipping Tianrui Regular Open Hybrid Securities Investment Fund
Prospectus of China Shipping Tianrui Regular Open Hybrid Securities Investment Fund
Regular reports, including quarterly, interim and annual reports of the Fund
Net value of fund units
Fund sales agency and contact information
Other important information
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