| Full name of the fund |
China Shipping CSI High speed Railway Industry Index Classified Securities Investment Fund |
| Fund abbreviation |
Classification of China Shipping and China Securities High speed Railway Industry Index |
Fund code |
five hundred and two thousand and thirty |
| date of establishment |
2015/7/31 |
Listing date |
-- |
| Duration (years) |
-- |
Listing place |
-- |
| Total fund shares (100 million) |
0.100 (2018/12/31) |
Listing and circulating shares (100 million) |
0.100 (2018/12/31) |
| Fund size (100 million yuan) |
0.11 (2018/12/31) |
Stock selection style |
Large market - value type (3rd quarter of 2018) |
| Fund manager |
China Shipping Fund Management Co., Ltd |
Fund Custodian |
China Merchants Securities Co., Ltd |
| fund manager |
|
Operation mode |
Open |
| Fund type |
Stock |
Secondary classification |
Copy Exponential |
| Agency |
Banks (3 in total) |
Agency |
Securities (26 in total) |
| Minimum participation amount (yuan) |
|
Minimum Redemption Units |
|
| Investment objectives |
The Fund conducts passive indexation investment, and through strict investment discipline and quantitative risk management means, it can effectively track the underlying index and obtain returns similar to the underlying index returns. The investment objective of the Fund is to keep the absolute value of the deviation between the return on the net value of the Fund and the average daily tracking of performance benchmark not more than 0.35%, and the annual tracking error not more than 4%, so as to achieve effective tracking of the CSI high-speed railway industry index. |
| Fund Benchmark |
China Securities High speed Railway Industry Index yield × 95%+Bank demand deposit interest rate (after tax) in the same period × 5% |
| scope of investment |
The Fund's investment scope includes financial instruments with good liquidity, including constituent stocks, alternative constituent stocks, other stocks, bonds, bond repurchase, asset-backed securities, derivative instruments (warrants, etc.) of the CSI High Speed Railway Industry Index, and other financial instruments permitted by laws and regulations or the CSRC to be invested by the Fund (subject to 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.
After the issuance of the relevant provisions on the participation of securities investment funds in margin trading, the fund manager may, after performing the appropriate procedures, participate in margin trading in accordance with the provisions of relevant laws and regulations, without changing the existing investment strategies and risk return characteristics of the Fund and on the premise of controlling risks, to improve investment efficiency and conduct risk management. At that time, the risk control principles, specific participation proportion restrictions, fees and expenses, information disclosure, valuation methods and other related matters of the Fund's participation in margin trading shall be implemented in accordance with the provisions of the CSRC and other relevant laws and regulations.
|
| Risk return characteristics |
The Fund is an equity fund, which belongs to the fund category with high expected risk and high expected return. Its expected risk and expected return are higher than those of money market funds, bond funds and hybrid funds. From the perspective of the two types of fund shares separated by the Fund, China Shipping CSI High Speed Rail A shares are characterized by low risk and relatively stable returns, while China Shipping CSI High Speed Rail B shares are characterized by high risk and high expected returns.
|
| Principle of income distribution |
During the duration, the Fund (including China Shipping China Securities high-speed rail shares, China Shipping China Securities high-speed rail A shares, China Shipping China Securities high-speed rail B shares) will not make income distribution.
After the resolution of the general meeting of fund share holders and the filing of the CSRC, if the operation of the A share and B share of China Shipping CSI High Speed Railway is terminated, the Fund will adjust the income distribution of the Fund according to the resolution of the general meeting of fund share holders. See the relevant announcement issued by the Fund Manager at that time for details. |
