Ping An Fund Management Co., Ltd
Ping An China Securities subdivides the theme trading of food and beverage industry
Open Index Securities Investment Fund
Fund contract
Fund Manager: Ping An Fund Management Co., Ltd
Fund Custodian: Bank of Nanjing Co., Ltd
July, 2012
catalog
Part I Foreword one
Part II Definitions three
Part III Basic Information of the Fund ten
Part IV Sale of Fund Units twelve
Part V Fund Filing fourteen
Part VI Conversion and Change Registration of Fund Units sixteen
Part VII Listing of Fund Units seventeen
Part VIII Purchase and Redemption of Fund Units nineteen
Part IX Parties, Rights and Obligations of the Fund Contract twenty-six
Part X General Meeting of Fund Unitholders thirty-three
Part XI Replacement Conditions and Procedures of Fund Manager and Fund Custodian forty-two
Part XII Custody of the Fund forty-five
Part XIII Registration of Fund Units forty-six
Part XIV Investment of the Fund forty-eight
Part XV Assets of the Fund fifty-six
Part XVI Valuation of Fund Assets fifty-seven
Part XVII Fund Fees and Taxes sixty-four
Part XVIII Income and Distribution of the Fund sixty-six
Part XIX Accounting and Audit of the Fund sixty-seven
Part XX Information Disclosure of the Fund sixty-eight
Part XXI Change and Termination of the Fund Contract and Liquidation of the Fund Assets seventy-six
Part XXII Liability for Breach of Contract seventy-eight
Part XXIII Dispute Settlement and Applicable Law seventy-nine
Part XXIV Effectiveness of Fund Contract eighty
Part XXV Other Matters eighty-one
Part XXVI Summary of Fund Contract eighty-two
Part I Preface
1、 Purpose, Basis and Principle of the Fund Contract
1. The purpose of entering into this Fund Contract is to protect the legitimate rights and interests of investors and clarify the
Rights and obligations, standardize fund operation.
2. The Fund Contract is concluded on the basis of the Contract Law of the People's Republic of China (hereinafter referred to as "the Contract")
Law of the People's Republic of China on Securities Investment Funds (hereinafter referred to as the "Fund Law"), Public Offering
Management Measures for the Operation of Securities Investment Funds (hereinafter referred to as "Operation Measures"), Public Offering of Securities Investment Funds
Measures for the Supervision and Administration of Gold Sales Institutions (hereinafter referred to as "Sales Measures"), Public Offering of Securities Investment Funds
Administrative Measures for Information Disclosure (hereinafter referred to as "Information Disclosure Measures"), Public Offering of Open ended Securities Investment
Fund Liquidity Risk Management Regulations (hereinafter referred to as "Liquidity Risk Management Regulations"), Public Offering Certificate
Guidelines for the Operation of Securities Investment Funds No. 3 - Guidelines for Index Funds (hereinafter referred to as "the Guidelines for Index Funds")
And other relevant laws and regulations.
3. The principle of entering into this Fund Contract is equality, voluntariness, honesty and credibility, and full protection of the legal rights of investors
Benefits.
2、 The fund contract is the basic legal document that stipulates the rights and obligations between the parties to the fund contract
Any document or statement relating to the rights and obligations of the parties to the fund contract related to the fund, such as
In case of any conflict in the fund contract, the fund contract shall prevail. The parties to the fund contract shall comply with the Fund Law and the fund contract
And other relevant provisions.
The parties to a fund contract include the fund manager, the fund custodian and the fund unit holders. Fund investment
The investor shall become the fund share holder and a party to the fund contract when he obtains the fund shares in accordance with the fund contract
The behavior of holding fund shares itself indicates its recognition and acceptance of the fund contract.
3、 Ping An CSI Food and Beverage Industry Segmentation Theme Trading Open Index Securities Investment Fund
The Manager shall raise funds in accordance with the Fund Law, the Fund Contract and other relevant provisions, and shall be subject to the supervision and administration of China's securities
Committee (hereinafter referred to as "CSRC").
The registration of the Fund raised by the CSRC does not indicate the investment value of the Fund and the market value of the Fund
The fact that the Fund makes substantive judgments or guarantees 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,
However, there is no guarantee that investment in the Fund will be profitable, nor will there be any guarantee of minimum return.
4、 The Fund Manager and the Fund Custodian disclose information related to the Fund outside the Fund Contract
If the content involves defining the rights and obligations between the parties to the fund contract, in case of conflict with the fund contract
The contract shall prevail.
Investors should carefully read the fund contract, fund prospectus, fund product information summary and other information
Disclose documents, judge the investment value of the fund independently, make investment decisions independently, and bear investment risks independently.
5、 The Fund is established and operated in accordance with Chinese laws and regulations
If the mandatory provisions of laws and regulations are inconsistent, the provisions of the then effective laws and regulations shall prevail.
6、 Due to special circumstances (such as insufficient liquidity, etc.), the Fund cannot be effectively copied and tracked
When tracking the target index, the Fund can also invest in non constituent stocks (including
Including the main board, small and medium-sized board, GEM and other stocks allowed to invest by the CSRC).
7、 The investment scope of the Fund includes depositary receipts. If the Fund invests, it is only limited to Shanghai and Shenzhen market shares
In addition to the common risks faced by the fund of notes, the fund will also face special risks of investing in depositary receipts, such as
The risk of sharp fluctuations in the price of vouchers or even large losses, and
For the risks related to the issuance mechanism and trading mechanism of the People's Bank of China and China Depositary Receipts, see the Prospectus of the Fund for details.
8、 The Fund is an index fund, and investors investing in the Fund face tracking error control that fails to meet the agreed objectives
See the Prospectus of the Fund for details of potential risks such as the suspension of services and trading of component stocks by the target and index compiling institutions
Part II Interpretation
In this Fund Contract, unless the context otherwise requires, the following words or abbreviations in this Fund Contract are as follows:
The following meanings:
1. Fund/the Fund: refers to the subject trading open-ended index securities of the food and beverage industry of Ping An Securities
investment funds
2. Fund Manager: refers to Ping An Fund Management Co., Ltd
3. Fund Custodian: Bank of Nanjing Co., Ltd
4. Fund contract/this fund contract: refers to the subject transaction oriented opening of the food and beverage industry of Ping An China Securities
Index Securities Investment Fund Contract and any effective amendments and supplements to the Fund Contract
5. Custody Agreement: refers to the "Ping An China Securities Segmentation" signed between the Fund Manager and the Fund Custodian for the Fund
Custody Agreement for Theme Trading Open Index Securities Investment Fund of Food and Beverage Industry
Any valid amendments and supplements
6. Prospectus: refers to "Ping An China Securities Market Segmentation Food and Beverage Industry Theme Trading Open Index Card"
Securities Investment Fund Prospectus and its updates
7. Summary of fund product information: refers to "Ping An China Securities Market Segmentation Food and Beverage Industry Theme Trading Open ended
Summary of Index Securities Investment Fund Product Information and Its Update
8. Announcement on the sale of fund shares: refers to the "Ping An China Securities Sub segment Food and Beverage Industry Theme Trading Open ended
Announcement on the Sale of Fund Units of Index Securities Investment Fund
9. Statement on Listing and Trading of Fund Units: Refers to "Ping An China Securities Subdivision Food and Beverage Industry Theme Trading"
Statement on Listing and Trading of Fund Units of Open Index Securities Investment Fund
10. Laws and regulations: refer to the laws, administrative regulations, normative documents
Judicial interpretations, administrative rules and other decisions, resolutions and notices that are binding on the parties to the fund contract
11. Fund Law: refers to the Standing Committee of the Tenth National People's Congress
Adopted at the fifth session of the NPC and approved by the Standing Committee of the Eleventh National People's Congress on December 28, 2012
Revised at the 30th meeting of the meeting, implemented since June 1, 2013
The 14th Meeting of the Standing Committee of the Second National People's Congress
Decision of the People's Republic of China on Amending Seven Laws Including the Port Law of the People's Republic of China
Securities Investment Fund Law and amendments made by the promulgating authority from time to time
12. Sales Measures: promulgated by the CSRC on August 28, 2020 and implemented on October 1 of the same year
The Measures for the Supervision and Administration of Publicly Offered Securities Investment Fund Sales Agencies issued by the Ministry of Finance and the promulgating authority from time to time
Revision of
13. Information Disclosure Measures: promulgated by the CSRC on July 26, 2019, and September 1, the same year
Implemented and approved by the Decision of the CSRC on Amending Some Securities and Futures Regulations on March 20, 2020
The Administrative Measures for Information Disclosure of Publicly Offered Securities Investment Funds as amended by the Decision of the Ministry of Finance of the People's Republic of China
Revision issued
14. Operation Measures: promulgated by the CSRC on July 7, 2014 and implemented on August 8 of the same year
Management Measures for the Operation of Publicly Offered Securities Investment Funds and amendments made by the promulgating authority from time to time
15. Liquidity Risk Management Regulations: promulgated by the CSRC on August 31, 2017
Provisions on Liquidity Risk Management of Publicly Offered Open ended Securities Investment Funds implemented on January 1 and the issuing authority
As amended from time to time
16. Business rules: refer to the "Transaction oriented Opening of Shanghai Stock Exchange" issued and implemented by Shanghai Stock Exchange
Detailed Rules for the Implementation of Index Fund Business, China Securities Depository and Clearing Corporation Limited
Securities Depository and Clearing Co., Ltd. on the registration and clearing industry of exchange traded open-ended securities investment funds
Detailed Rules for Practical Implementation and other regulations issued by Shanghai Stock Exchange and China Securities Depository and Clearing Corporation Limited
Relevant rules and regulations, as amended from time to time by the issuing authority
17. ETF: refers to the Shanghai Stock Exchange ETF
"Transactional open-ended index fund" as defined in the Detailed Rules for the Implementation of Fund Business
18. ETF feeder fund: refers to the investment of most fund assets in the Fund and the investment of the Fund
The objectives are similar. By investing in the Fund, it closely tracks the performance of the underlying index and pursues tracking deviation and tracking error
Funds with minimum difference and open operation mode, referred to as ETF link
19. China: refers to the People's Republic of China only for the purpose of the fund contract, excluding Hong Kong Special Administrative Region and Macao
Gate Special Administrative Region and Taiwan
20. China Securities Regulatory Commission: China Securities Regulatory Commission
21. Banking regulatory authority: refers to the People's Bank of China and/or the Insurance Regulatory Commission of the Bank of China
Member Council
22. Parties to the Fund Contract: refer to those who are bound by the Fund Contract and enjoy rights and assume obligations under the Fund Contract
The legal subjects of the Fund, including the Fund Manager, the Fund Custodian and the Fund Unitholders
23. Individual investors: refer to natural persons who can invest in securities investment funds according to relevant laws and regulations
24. Institutional investors: refer to those who can invest in securities investment funds in accordance with the law and who are within the territory of the People's Republic of China
Enterprise legal person, public institution legal person and society legally registered and existing or established and existing with the approval of relevant government departments
Groups or other organizations
25. Qualified foreign institutional investor: It refers to the qualified foreign institutional investor who meets the requirements of the Management of Domestic Securities Investment
The Measures and relevant laws and regulations provide that it can invest in the securities investment funds legally raised in China
Institutional investors outside China
26. RMB Qualified Foreign Institutional Investor: Refers to the domestic qualified foreign institutional investor
The Pilot Measures for Securities Investment and relevant laws and regulations stipulate that RMB funds from overseas shall be used for domestic investment
Foreign legal persons investing in securities
27. Investors, investors: individual investors, institutional investors, qualified foreign institutional investors and
RMB Qualified Foreign Institutional Investors and the purchase of securities investment funds permitted by laws and regulations or the CSRC
Collectively referred to as other investors of
28. Specific institutional investors: refer to the participation of specific institutional investors issued by Shanghai Stock Exchange
Institutional investors as defined in the Guidelines for the Purchase and Redemption of Securities Investment Funds
29. Fund share holder: refers to the investment legally obtained from fund shares in accordance with the fund contract and prospectus
people
30. Fund sales business: it refers to the opening of fund trading accounts for investors, the promotion of funds, and the handling of funds
Sale, subscription and redemption of gold shares and provision of fund trading account information inquiry
31. Sales agency: refers to Ping An Fund Management Co., Ltd. and conforms to the Sales Measures and the CSRC
Other conditions stipulated by the Fund Management Committee, obtaining the qualification of fund sales business and signing the fund sales service with the fund manager
Agreement, the institutions handling the fund sales business, including the selling agency, handling the fund subscription and redemption business
Subscription and redemption agent of
32. Selling agency: refers to the agency that meets other conditions specified by the Sales Measures and the CSRC
The institution designated by the Fund Manager to act as the agent of the Fund's offering business
33. Custody transfer: refers to the change place implemented by the Fund Unitholders between different sales agencies of the Fund
Operation of sales institutions holding fund units
34. Subscription and redemption agent: refers to other conditions that meet the Sales Measures and the provisions of the CSRC,
The securities company designated by the fund manager to handle the subscription and redemption business of this fund is also called the agency securities company
department
35. Fund sales outlets: refer to the direct sales centers of direct selling institutions and the sales outlets of other sales institutions
36. Registration and settlement business: refers to fund registration, custody, transfer, clearing and settlement business, with specific contents
Including establishment and management of investor's fund account, registration of fund shares, confirmation and liquidation of fund sales business
And clearing, distributing dividends on behalf, establishing and keeping the register of fund share holders and handling non trading transfer, etc
37. Registration and settlement institution: refers to the institution that handles registration and settlement business. The registration and clearing institution of the Fund is
China Securities Depository and Clearing Corporation Limited (hereinafter referred to as "CSDCC") or other institutions designated by the fund manager
structure
38. Shanghai Securities Account: refers to the investor's account in China Securities Depository and Clearing Corporation Limited Shanghai Branch
Shanghai A-share account or Shanghai securities investment fund account opened
39. The effective date of the fund contract: means that the fund raising meets the conditions stipulated by laws and regulations and the fund contract,
The fund manager has completed the fund filing formalities with the CSRC and obtained the written confirmation of the CSRC
date
40. Fund contract termination date: refers to the date when the fund contract termination causes specified in the fund contract occur
The date on which the liquidation results are reported to the CSRC for filing and announcement after the completion of liquidation
41. Fund raising period: refers to the period from the date of offering of fund units to the date of closing the offering, with the longest
Not more than 3 months
42. Duration: refers to the indefinite period between the effectiveness and termination of the fund contract
43. Working day: refers to the normal trading day of Shanghai Stock Exchange and Shenzhen Stock Exchange
44. T day: refers to that the sales agency accepts the investor's application for subscription, redemption or other business within the specified time
open house
45. T+n day: refers to the nth working day from T day (excluding T day), and n is a natural number
46. Open day: refers to the working day for investors to handle the subscription, redemption or other business of fund units
47. Opening Hours: refers to the time period when the fund accepts subscription, redemption or other transactions on the open day
48. Subscription: during the fund raising period, investors shall, in accordance with the fund contract, prospectus and relevant public companies
Application for purchase of fund units
49. Subscription: after the Fund Contract comes into effect, the investor shall, in accordance with the Fund Contract, the Prospectus and relevant public companies
The act of applying to purchase fund units at the subscription consideration specified in the subscription and redemption list
50. Redemption: after the Fund Agreement comes into effect, the Fund Unitholders shall, in accordance with the Fund Agreement, the Prospectus and
The line required by the conditions specified in the relevant announcement to convert the fund units into the redemption consideration specified in the subscription and redemption list
by
51. List of subscription and redemption: refers to the list prepared by the fund manager to announce the subscription and redemption consideration
Documents with information such as
52. Subscription consideration: when investors subscribe for fund units, they shall
Portfolio securities delivered, cash substitutes, cash differences and/or other consideration
53. Redemption consideration: when an investor redeems fund units, the fund manager
Portfolio securities, cash substitutes, cash differences and/or other consideration that shall be delivered to investors according to the written provisions
54. Portfolio securities: all or part of the securities included in the underlying index of the Fund
55. Target index: refers to the subject index of the food and beverage industry of CSI and its possible changes in the future,
Or other indexes replaced by the Fund Manager in accordance with the Fund Agreement
56. Complete replication method: It refers to a method of constructing a portfolio that tracks indexes. By purchasing the subject matter
All the constituent securities in the number, and determine the purchase ratio according to the weight of each constituent securities in the underlying index
For example, to copy the index
57. Cash substitution: refers to the investor's compliance with the provisions of the fund contract and the prospectus during the subscription or redemption process
A certain amount of cash used to replace some securities in the portfolio
58. Cash balance: refers to the net asset value of the minimum purchase and redemption unit and the net asset value calculated according to the closing price on T day
The difference between the market value of portfolio securities and cash substitution in the minimum subscription and redemption units; The investor shall
The cash balance paid or payable shall be based on the cash balance, subscription or redemption corresponding to the minimum subscription and redemption unit
Calculation of fund units of
59. Cash substitution refund: refers to the cash substitution paid by investors and the purchase of substituted component securities by funds
The difference between the cost of and related expenses. If the cash substitution is greater than the cost and
Relevant fees, the Fund shall return the difference to the investor. If the cash substitution is less than the purchase of the Fund, the substitution will be
The investor shall pay the difference to the Fund for the cost and related expenses of
60. Estimated cash: refers to the securities company acting on behalf to calculate the reference net value of fund units and purchase and redemption
The cash amount calculated by the fund manager for the corresponding funds of investors who apply for subscription and redemption to be frozen in advance by the company
61. Minimum units of subscription and redemption: the minimum number of units of subscription and redemption of the Fund, investment
The number of fund units subscribed and redeemed by a person shall be an integral multiple of the minimum subscribed and redeemed units
62. Reference net value of fund units: refers to the net value issued by Shanghai Stock Exchange during trading hours and managed by the fund
Or the institution entrusted by the fund manager according to the list of subscription and redemption and the real-time price of each securities in the portfolio
The reference net value of fund units calculated by data, referred to as IOPV
63. RMB: refers to RMB
64. Conversion of fund shares: refers to that the fund manager, according to the needs of fund operation, determines whether the net asset value of the fund is
The act of adjusting the total amount of fund units and the net value of fund units in accordance with a certain proportion on the premise of change
65. Income evaluation date: refers to the day when the Fund Manager calculates the growth rate of the net value of the Fund units and the underlying index in the same period
Date of growth rate difference
66. Net value growth rate of fund units: refers to the net value of fund units and the net value of fund units on the day before the listing of the fund
The ratio minus 1 times 100% (in case of conversion of fund shares during the period, the conversion date of fund shares shall be taken as the initial
Recalculate on a daily basis. If the Fund splits or merges its shares, it will be based on the shares of the Fund after splitting or merging
Calculate the cumulative return rate of corresponding fund units from the net value of fund units on the translation date)
67. The growth rate of the underlying index in the same period: the closing value of the index and the closing value of the underlying index on the day before the fund listing
The ratio of the order value minus 1 times 100% (if the fund shares are converted, split or merged during the period
Share conversion or splitting, recalculation when the merger date is the initial date)
68. Fund income: refers to dividend, dividend, bond interest, price difference of securities, silver
Savings on bank deposit interest, other legal income realized and costs and expenses arising from the use of fund assets
69. Total value of fund assets: refers to various securities owned by the fund, principal and interest of bank deposits, and fund receivables
Total value of funds and other assets
70. Net Asset Value of the Fund: the value of the total asset value of the Fund minus the liabilities of the Fund
71. Net value of fund units: refers to the net value of fund assets on the calculation date divided by the total number of fund units on the calculation date
72. Fund asset valuation: It refers to calculating and evaluating the value of fund assets and liabilities to determine the net value of fund assets
Value and net value of fund units
73. Money market instruments: cash; Bank deposits and bonds with a term of 1 year or less
Repurchase, central bank bills, inter-bank deposit receipts; Bonds with a residual maturity of 397 days or less
Debt financing instruments and asset-backed securities of non-financial enterprises; Approved by the CSRC and the People's Bank of China
His money market instrument with good liquidity
74. Regulated media: national reports for information disclosure that meet the conditions specified by the CSRC
Internet websites (including fund manager websites and fund custodian websites) specified in the Information Disclosure Measures
Website, CSRC fund electronic disclosure website) and other media
75. Liquidity restricted assets: refer to assets that cannot be used due to laws and regulations, supervision, contracts or operational barriers
Assets realized at a reasonable price, including but not limited to reverse repurchase with maturity of more than 10 trading days
Fixed deposits with banks (including bank deposits that are conditionally withdrawn in advance as agreed in the agreement), suspended shares, and negotiable securities
Limited new shares, non-public shares, asset-backed securities, inability to transfer due to the issuer's debt default, or
Traded bonds, etc
76. Refinancing securities lending business: refers to the comprehensive business of the Fund through the stock exchange at a certain rate
The platform lends securities and securities funds to China Securities Finance Corporation (hereinafter referred to as "Securities Finance Corporation")
Business of financing company returning borrowed securities and corresponding equity compensation and paying fees when due
77. Force majeure: refers to the objective that the parties to the Fund contract cannot foresee, avoid and overcome
event
78. Index Fund Guidelines: promulgated by the CSRC on January 18, 2021, and February 1 of the same year
No. 3 Guidelines for the Operation of Publicly Offered Securities Investment Funds - Guidelines for Index Funds and the issuing authority
As amended from time to time.
Part III Basic Information of the Fund
1、 Fund name
Ping An CSI Segmented Food and Beverage Industry Theme Trading Open Index Securities Investment Fund
2、 Category of fund
Equity Securities Investment Fund
3、 Operation mode of the fund
Transaction oriented and open
4、 Investment objectives of the Fund
Closely track the exponential performance of the target, and pursue the minimization of tracking deviation and tracking error. The Fund strives to
The absolute value of daily average tracking deviation is controlled within 0.2%, and the annual tracking error is controlled within 2%.
5、 Index of underlying fund
The underlying index of the Fund is the subject index of the food and beverage industry of CSI and its possible future
Change.
In the future, if the underlying index does not meet the requirements (due to changes in index preparation methods such as component stock price fluctuations)
Unless otherwise specified by laws, regulations and regulators
In the event of the withdrawal of a financial institution, the Fund Manager shall, within ten working days from the date of such withdrawal, report to China
The CSRC reports and proposes solutions, such as changing the underlying index of the fund, changing the operation mode, and cooperating with other funds
Merge, or terminate the fund contract, etc., and call a general meeting of fund share holders to vote within 6 months.
From the time when the index compiling agency stopped compiling and publishing the underlying index to the time when the solution was determined, the fund management
According to the index information of the latest trading day provided by the index compilation agency
The principle of interest priority is to maintain the investment operation of the Fund.
6、 Total minimum raised shares of the Fund
The minimum total number of units raised by the Fund is 200 million.
7、 Selling face value and subscription fees of fund units
The selling face value of the Fund units is RMB 1.00.
The subscription rate of the Fund is subject to the provisions of the Prospectus and the summary of fund product information.
8、 Duration of the Fund
Irregular
9、 ETF Feeder Fund
After the Fund Agreement of the Fund comes into effect, the Fund Manager may issue and manage the Feeder Fund of the Fund
The ETF feeder fund invests most of the fund assets in the Fund and tracks the same underlying index with the Fund.
10、 On the premise of not violating laws and regulations and having no material adverse impact on the interests of fund share holders,
The Fund Manager may, according to the development needs of the Fund, negotiate with the Fund Custodian and perform relevant procedures,
Increase fund units for the Fund, or open OTC subscription and redemption related businesses, and formulate and publish corresponding payment
It is unnecessary to hold a general meeting of fund share holders for deliberation.
Part IV Sale of Fund Units
1、 The time, method and target of offering fund units
1. Sale time
The maximum period of time from the date of sale of fund units shall not exceed 3 months. See the specific time of sale of fund units
Notice.
2. Way of sale
Investors can choose three ways to subscribe for this book: online cash subscription, offline cash subscription and offline stock subscription
Fund:
Online cash subscription refers to the use of Shanghai Securities by investors through the selling agency designated by the fund manager
Subscription by cash in the online system of the stock exchange;
Offline cash subscription refers to the use certificate of the investor through the fund manager and its designated selling agent
Subscription in cash by systems other than the online system of the stock exchange;
Offline share subscription refers to the investor's purchase of shares through the fund manager and its designated selling agency
Subscriptions made.
The investor shall handle the business of fund sale at the fund manager and its designated selling agency
Place, or handle the subscription of fund units in the manner provided by the fund manager or the offering agent.
The specific list of sales agencies can be found in the announcement on the sale of fund units, and the fund manager can increase or decrease according to the actual situation
Change of sales organization. The subscription method accepted by the fund manager and the offering agent, and the fund offering business
For details and contact information, please refer to the Fund Unit Offering Announcement.
3. Target
Individual investors, institutional investors, contract investors who can invest in securities investment funds in accordance with laws and regulations
Qualified foreign institutional investors and RMB qualified foreign institutional investors, as well as laws and regulations or the CSRC
Other investors allowed to purchase securities investment funds.
2、 Subscription of Fund Units
1. Subscription fee
The subscription rate of the Fund shall be determined by the Fund Manager, and shall be listed in the Prospectus and Fund Product Information Summary
Or listed in relevant announcements. The fund subscription fee shall not be included in the fund property.
2. Treatment of subscription funds and shares during the raising period
The funds raised during the fund raising shall be deposited into a special account
Personnel shall not be used.
If the investor subscribes by shares, the payment shall be made in accordance with the
Guidelines for the Registration and Settlement Business of Convertible Open ended Funds and the provisions as amended from time to time.
3. Calculation of Fund Subscription Units
The specific calculation method of fund subscription units is listed in the prospectus.
4. Confirmation of subscription application
The acceptance of the subscription application by the sales agency does not mean that the application is certain to be successful, but only means that the sales agency confirms that
Received the subscription application. The confirmation of subscription is based on the confirmation result of the registration and clearing institution and the effectiveness of the fund contract
Accurate. For subscription application and confirmation of subscription shares, investors should timely inquire and properly exercise their legal rights
Otherwise, any losses arising therefrom shall be borne by the investors themselves.
3、 Restrictions on subscription of fund units
The fund manager may limit the amount or amount of subscription of investors, and the specific restrictions and handling methods
Please refer to the prospectus or relevant announcements.
4、 Other specific provisions on fund subscription
Investor subscription principles, subscription schedule, documents to be submitted and procedures to be handled by investors for subscription
The Fund Manager shall, in accordance with relevant laws and regulations and the provisions of this Fund Agreement
Determined and disclosed in the announcement on the sale of fund units.
Part V Fund Filing
1、 Conditions for Fund Filing
The total amount of units raised in the Fund shall not be less than 200 million within three months from the date of sale of the Fund units
Shares, the amount raised by the Fund (including the shares raised by offline share subscription according to the valuation method agreed in the Fund Contract
The calculated value) shall not be less than RMB 200 million and the number of effective subscribers of fund units shall not be less than 200
The Fund Manager may decide to stop the Fund upon the expiration of the Fund raising period or in accordance with laws, regulations and the Prospectus
It will be sold, and a legal capital verification institution will be hired to verify the capital within 10 days from the end of the offering
Go through the fund filing procedures with the China Securities Regulatory Commission within 10 days from the date of.
If the fund raising meets the conditions for fund filing, the fund manager shall complete the fund filing procedures and obtain
The Fund Contract shall come into force from the date of written confirmation by the CSRC; Otherwise, the Fund Contract will not take effect. base
The Fund Manager shall announce the effectiveness of the Fund Contract on the next day after receiving the confirmation document from the CSRC.
The fund manager shall deposit the funds raised during the fund raising into a special account, and before the end of the fund raising,
No one can use it. The shares raised by offline share subscription shall be frozen by the selling agency
The ownership of stock equity and fruits between the two companies shall be handled in accordance with relevant business rules.
2、 Handling method of raised funds and stocks when the fund contract cannot take effect
If the raising period expires and the fund filing conditions are not met, the fund manager shall bear the following responsibilities:
1. Bear the debts and expenses arising from the raising with its inherent property;
2. The subscription funds paid by investors in cash shall be returned to investors within 30 days after the expiration of the fund raising period
The amount paid by the investor, plus the interest of current deposit of the bank for the same period; Frozen shares shall be subject to
And the relevant rules of the registration and clearing institution shall be unfrozen and returned to the investors, the registration and clearing institution and the offering agency
It will assist the Fund Manager to complete the return of relevant funds and securities.
If the fund raising fails, the fund manager, the fund custodian and the sales institution shall not request remuneration. fund
All expenses paid by the Manager, the Fund Custodian and the Sales Agency for the Fund raising shall be borne by each party.
3、 Number of fund share holders and asset size within the duration of the fund
After the Fund Contract takes effect, the number of fund share holders is less than 200 for 20 consecutive working days
If the net asset value of a person or fund is less than 50 million yuan, the fund manager shall disclose it in the regular report;
In case of any of the above circumstances for 60 consecutive working days, the Fund Manager shall report to the CSRC within 10 working days
Report and propose solutions, such as continuous operation, transformation of operation mode, merger with other funds or termination
Fund contract, etc., and convene a general meeting of fund share holders to vote within 6 months.
Where laws and regulations or the CSRC provide otherwise, such provisions shall prevail.
Part VI Conversion and Change Registration of Fund Units
After the Fund Contract comes into effect, the Fund may convert shares to facilitate transactions.
1、 Conversion time of fund shares
The Fund Manager shall determine the conversion date of the Fund units in advance and shall comply with the relevant provisions of the Information Disclosure Measures
Final announcement.
2、 Principle of conversion of fund shares
According to the investment needs (such as changing the underlying index) or in order to improve the transaction convenience, the fund manager can register and settle the
The accounting institution applies for the registration of conversion and change of fund units. The conversion of fund units shall be applied for by the fund manager
The registration and clearing institution shall register the change of fund units.
After the conversion of fund units, the total fund units of the Fund and the fund units held by fund unit holders
The amount will be adjusted, but the fund units held by the adjusted fund unit holders account for
The proportion does not change. In addition to the gains and losses arising from the mantissa treatment, the fund shares are converted into the fund shares held
People's rights and interests have no material impact.
After the conversion of fund units, the fund unit holders will enjoy the rights and bear the
Obligations.
If force majeure occurs during the conversion of fund units or special circumstances make it impossible to handle, the Fund Manager
The conversion of fund units may be delayed.
3、 Method of conversion of fund shares
The specific method of conversion of fund units shall be listed in the announcement of unit conversion.
Part VII Listing of Fund Units
1、 Listing of Fund Units
After the Fund Contract comes into force, the Fund Manager may
In accordance with the Listing Rules of Shanghai Stock Exchange for Securities Investment Funds, apply to Shanghai Stock Exchange for funds
Listing:
1. The net asset value of the Fund on the market shall not be less than 200 million yuan;
2. There are no less than 1000 fund share holders on the market;
3. Other conditions stipulated by Shanghai Stock Exchange.
Before the listing of the Fund, the Fund Manager shall sign a listing agreement with Shanghai Stock Exchange. Fund shares
If it is approved to be listed on the Shanghai Stock Exchange, the fund manager shall publish the listing of the fund on the specified media as required
Trading announcement.
2、 Listing of Fund Units
The listing and trading of fund units of the Fund in Shanghai Stock Exchange shall comply with the Trading Rules of Shanghai Stock Exchange
Rules, Listing Rules of Securities Investment Funds of Shanghai Stock Exchange, Trading oriented Opening of Shanghai Stock Exchange
Rules for the Implementation of Index Fund Business.
3、 Termination of listing of fund units
In case of any of the following circumstances during the listing and trading of the Fund units, Shanghai Stock Exchange may terminate
Listing transactions of funds and reporting to the CSRC for filing:
1. It no longer meets the listing conditions specified in the first paragraph of this part.
2. The Fund Contract is terminated.
3. The general meeting of fund share holders decides to terminate the listing.
4. Other circumstances under which the listing is terminated as stipulated in the fund contract.
5. Other circumstances that Shanghai Stock Exchange deems necessary to terminate listing.
The Fund Manager shall take photos from the date of receiving the decision of Shanghai Stock Exchange to terminate the listing of the Fund
The relevant regulations shall issue the announcement on the termination of the listing of funds.
If the Fund no longer meets the listing conditions due to the reasons mentioned in Items 1, 4 and 5 above, it will be listed by Shanghai Stock Exchange
If the listing is terminated, the Fund may change from an ETF to an unlisted opening tracking the underlying index
Type index fund without convening the general meeting of fund share holders.
If the Fund Manager has an index fund with this index as the target index at that time, the Fund Manager will
In line with the principle of safeguarding the legitimate rights and interests of fund share holders, other appropriate options can be selected after performing appropriate procedures
The index of is taken as the target index.
4、 Calculation and announcement of fund unit reference net value (IOPV)
The Fund Manager shall announce the list of subscription and redemption on that day before the market opening on each trading day
After the market opening, the institution entrusted by the fund manager shall, according to the list of subscription and redemption and the actual amount of each securities in the portfolio
To calculate the reference net value of fund units (IOPV) and submit the calculation results to Shanghai Stock Exchange
Sent by Shanghai Stock Exchange for investors to participate in trading, subscription and redemption of fund units
Test. Refer to the Prospectus for the calculation method of the net reference value of fund units.
Shanghai Stock Exchange and the Fund Manager may adjust the calculation formula and announcement frequency of the reference net value of fund units
The IOPV will not be disclosed and will be announced.
5、 Provided that it does not violate laws and regulations and has no material adverse impact on the interests of fund share holders
The Fund may apply for listing and trading at other trading places including overseas exchanges without calling
Hold a general meeting of fund unit holders for deliberation.
6、 Laws and regulations, regulatory authorities, registration and clearing institutions, and business rules of Shanghai Stock Exchange
If the transaction has other provisions, such provisions shall prevail without convening a general meeting of fund share holders for deliberation.
7、 If Shanghai Stock Exchange and China Securities Depository and Clearing Co., Ltd. increase the amount of funds listed
New function of Easy, the fund manager can add corresponding functions after performing appropriate procedures, without calling
Deliberated by the general meeting of gold share holders.
Part VIII Subscription and Redemption of Fund Units
1、 Place for subscription and redemption
The fund investor shall handle the fund subscription and redemption business at the business premises of the subscription and redemption agent broker or
The subscription and redemption of fund units shall be handled in other ways provided by the subscription and redemption agent.
The Fund Manager may change, increase or decrease the agent of fund subscription and redemption according to the situation, and
Website publicity.
If laws and regulations, fund contracts and future conditions permit, the fund manager's direct selling institution may
To open the subscription and redemption business, the time and method of handling the specific business will be announced separately by the Fund Manager.
2、 Opening day and time of subscription and redemption
1. Open Day and Opening Hours
The investor shall handle the subscription and redemption of fund units during the opening hours of the opening day. The specific handling time is above
On the normal trading day of the Shanghai Stock Exchange and Shenzhen Stock Exchange (hereinafter referred to as the "Stock Exchange")
Transaction time, but the Fund Manager shall, in accordance with laws and regulations, the requirements of the CSRC or the provisions of this Fund Contract
Except for announcement of suspension of subscription and redemption.
After the Fund Contract comes into effect, if there is a new securities trading market, a change in the trading time of the stock exchange, or
Under other special circumstances, the Fund Manager will make corresponding adjustments to the aforesaid opening days and hours as appropriate, and shall
Announce on the specified media in accordance with the relevant provisions of the Information Disclosure Measures.
2. Start date of subscription and redemption and business handling time
After the Fund Contract comes into force, the Fund Manager, on the condition that it meets the regulatory requirements
It is necessary to decide the specific date when the Fund will begin to handle the subscription, and the specific business processing time is in the announcement of subscription commencement
regulations.
The Fund Manager shall handle the redemption within 3 months from the effective date of the Fund Contract
The processing time shall be specified in the announcement of redemption commencement.
The Fund may begin to apply for subscription and redemption before the listing of the Fund, but during the period when the Fund applies for listing,
The purchase and redemption can be suspended.
After determining the start time of subscription and redemption, the Fund Manager shall
The relevant regulations shall announce the start time of subscription and redemption on the specified media.
3、 Principles of subscription and redemption
1. The principle of "unit subscription and unit redemption", that is, both subscription and redemption are applied for in units;
2. The subscription consideration and redemption consideration of the Fund include portfolio securities, cash substitution, cash difference and/or
Other consideration;
3. The application for subscription and redemption shall not be revoked after submission;
4. The subscription and redemption shall comply with the business rules. For example, Shanghai Stock Exchange and China Securities Registration
If CSDCC modifies or updates the above rules and applies to the Fund, the new rules shall apply,
And update it in the prospectus;
5. When handling subscription and redemption business, the principle of giving priority to the interests of fund unit holders shall be followed to ensure that
The legitimate rights and interests of investors shall not be damaged and shall be treated fairly.
The fund manager may, according to the actual situation of the fund operation
The above principles shall be adjusted on the premise that the interests of the holders have no material adverse effects. The Fund Manager must comply with the Letter
The relevant provisions of the Information Disclosure Measures are announced in the specified media.
4、 Procedures for subscription and redemption
1. Application method for subscription and redemption
The investor must, in accordance with the procedures specified by the subscription and redemption agent or the fund manager
Apply for subscription or redemption within the processing time of sports business.
When submitting the subscription application, the investor shall prepare sufficient subscription consideration according to the provisions of the subscription redemption list
Sufficient fund unit balance and cash must be held when the redemption application is submitted, otherwise the submitted subscription and redemption application
Please be invalid.
2. Confirmation of application for subscription and redemption
The investor's application for subscription and redemption shall be confirmed on the day of acceptance. If the investor fails to provide qualified
The purchase application fails if the purchase consideration is applied. If the qualified fund shares held by investors are insufficient or fail to root
It is required to prepare sufficient cash, or the fund portfolio does not have sufficient redemption consideration that meets the requirements,
Or the redemption application submitted by the investor exceeds the upper limit of the net redemption units of the day set by the fund manager, or the cumulative amount of the day
The upper limit of redemption units, the upper limit of net redemption units of a single account on the current day or the upper limit of cumulative redemption units of a single account on the current day,
The redemption application fails. The acceptance of subscription and redemption applications by proxy securities companies does not mean the subscription and redemption
The application must be successful. The confirmation of subscription and redemption shall be subject to the confirmation result of the registration and clearing institution. For applied
Investors shall timely inquire about the confirmation.
3. Clearing, delivery and registration of subscription and redemption
The clearing, settlement and registration rules for the subscription and redemption of the Fund are detailed in the Prospectus.
Fund units, portfolio securities, cash substitution, cash balance and
/Or the clearing and settlement of other consideration shall be subject to the relevant provisions of the business rules and the relevant agreements of the participating parties.
If the registration and clearing institution and the fund manager find that they cannot perform normally during the clearing and settlement
It shall be handled in accordance with the business rules and the relevant provisions of the relevant agreements of the participating parties.
The fund manager and the registration and clearing institution may, within the scope of not violating the provisions of laws and regulations, apply for the purchase and redemption
And the handling time, method and rules of clearing, settlement and registration
The relevant provisions of the Information Disclosure Measures shall be announced on the specified media.
5、 Quantity limit of subscription and redemption
1. The fund units subscribed and redeemed by investors shall be based on the minimum subscribed and redeemed units or their integral multiples
Please refer to the Prospectus or relevant announcements for specific provisions on application.
2. The Fund Manager may specify the upper limit of the Fund's subscription units and net redemption units on the same day
Upper limit of cumulative redemption units, upper limit of net redemption units of a single account on the current day or cumulative redemption units of a single account on the current day
See relevant announcements for the upper limit.
3. When accepting the application for subscription has a potentially significant adverse impact on the interests of the holders of stock fund units,
The Fund Manager shall set the upper limit of the subscription units of a single investor or the upper limit of the net subscription proportion of a single day of the Fund
Measures such as rejecting large amount subscription, suspending fund subscription, etc. shall be taken to effectively protect the legitimate rights and interests of holders of stock fund units.
The fund manager can take the above measures to control the fund size based on the needs of investment operation and risk control
System. See the relevant announcement of the Fund Manager for details.
4. The Fund Manager may, according to the market situation, make adjustments without violating the provisions of laws and regulations
The amount limit for subscription and redemption stipulated above.
The fund manager must make an announcement on the specified media in accordance with the relevant provisions of the Information Disclosure Measures.
6、 Consideration and fees for subscription and redemption
1. The net value of the Fund units shall be calculated to 4 decimal places and the fifth decimal place shall be rounded
The income or loss arising therefrom shall be borne by the fund property. Net value of fund units on T day after the close of the day
Calculation and announcement shall be made in accordance with the provisions of the fund contract. In case of special circumstances, after performing appropriate procedures
When the calculation or announcement is delayed. The list of subscription and redemption shall be prepared by the fund manager, and the list of subscription and redemption on T day shall be
Announcement of Shanghai Stock Exchange before the opening of the market. The content and format of the subscription and redemption list are detailed in the prospectus.
2. Subscription consideration refers to portfolio securities, cash substitutes, cash
Balance and/or other consideration. Redemption consideration means that the Fund Manager shall pay
Portfolio securities, cash substitutes, cash differences and/or other consideration paid to fund share holders. Subscription pair
The price and redemption consideration shall be determined according to the list of subscription and redemption and the amount of fund units subscribed and redeemed by investors.
3. When an investor subscribes or redeems fund units, the proxy broker for subscription and redemption may follow certain standards
Collect commission, including relevant fees collected by stock exchanges, registration and clearing institutions, etc. See
See the prospectus and the summary of fund product information.
In the future, if market conditions change or relevant business rules change, the fund manager can
Without violating relevant laws and regulations and having no material adverse impact on the interests of fund share holders
The net value of gold units, the calculation of subscription and redemption list and the announcement time shall be adjusted and announced in advance.
7、 Refusal or suspension of subscription
In case of the following circumstances, the Fund Manager may refuse or suspend accepting the subscription application of investors:
1. The fund cannot operate normally due to force majeure.
2. The Fund Manager may suspend the acceptance of the suspension of fund asset valuation as stipulated in the Fund Contract
Investor's application for subscription.
3. For special reasons (including but not limited to relevant securities and futures trading places), the market is temporarily suspended according to law
Or abnormal market suspension during trading hours), leading the fund manager to be unable to calculate the net asset value of the fund on that day.
4. Accepting one or some subscription applications may affect or damage the interests of existing fund share holders or
When there is a potential significant adverse impact on the interests of the holders of stock fund units.
5. The scale of fund assets is too large, which makes the fund manager unable to find suitable investment varieties, or other
It may have a negative impact on the performance of the Fund, or other circumstances may damage the interests of existing Fund Unitholders.
6. Securities, futures exchanges, subscription and redemption brokers, registration and clearing institutions cannot
Purchase application, or the list of purchase and redemption cannot be made due to abnormal conditions of the index compilation unit and the stock exchange
Preparation or improper preparation.
7. The fund manager fails to publish the list of subscription and redemption due to abnormal circumstances before the market opening, or issues the list after the market opening
The list of current subscription and redemption is prepared incorrectly or the IOPV is calculated incorrectly.
8. The fund manager can set the upper limit of subscription in the list of subscription and redemption according to the market situation
If the subscription application of the Fund is confirmed successfully, the subscription of the Fund on that day will exceed the subscription specified in the subscription redemption list
Within the time limit, the application for subscription will be rejected in whole or in part.
9. There is no active market price for the assets with more than 50% of the net asset value of the fund on the current valuation date
If the use of valuation techniques still leads to significant uncertainty in the fair value, it shall be confirmed through consultation with the Fund Custodian
After the subscription, the fund manager shall suspend accepting the application for fund subscription.
10. Other circumstances specified by laws and regulations, recognized by Shanghai Stock Exchange or CSRC.
The Fund Manager decides to suspend the acceptance of investment in case of one of the circumstances of suspension of subscription other than the above items 4 and 8
When a person applies for subscription, the fund manager shall publish a notice of suspension of subscription on the prescribed media in accordance with the relevant provisions.
If the subscription application of the investor is rejected in whole or in part, the rejected subscription consideration will be returned to the investor.
When the suspension of subscription is eliminated, the Fund Manager shall resume the subscription business in a timely manner.
8、 Circumstances of suspending redemption or delaying payment of redemption consideration
Under the following circumstances, the Fund Manager may suspend accepting the redemption application of investors or postpone the payment of redemption
counter-performance:
1. The fund cannot operate normally due to force majeure.
2. For special reasons (including but not limited to relevant securities and futures trading places), the market is temporarily suspended according to law
Or abnormal market suspension during trading hours), leading the fund manager to be unable to calculate the net asset value of the fund on that day.
3. The valuation of fund assets is suspended as stipulated in the Fund Contract.
4. Securities, futures exchanges, subscription and redemption agents, registration and clearing institutions, etc. are not found due to abnormal conditions
Redemption is handled in accordance with the law, or the list of subscription and redemption is not available due to abnormal conditions of the index compilation unit and the stock exchange
It is not properly prepared.
5. The fund manager fails to publish the list of subscription and redemption due to abnormal circumstances before the market opening, or issues the list after the market opening
The list of current subscription and redemption is prepared incorrectly or the IOPV is calculated incorrectly.
6. In the event that continuing to accept the redemption application will damage the interests of existing fund unit holders
The manager may suspend accepting the redemption application of the fund unit holder.
7. There is no active market price for the assets with more than 50% of the net asset value of the fund on the current valuation date
If the use of valuation techniques still leads to significant uncertainty in the fair value, it shall be confirmed through consultation with the Fund Custodian
After recognition, the Fund Manager shall suspend the payment of the redemption consideration or the acceptance of the Fund redemption application.
8. The redemption application of the day exceeds the upper limit of the net redemption units of the day set by the fund manager according to the market situation
The upper limit of the cumulative redemption units on the current day, the upper limit of the net redemption units on the current day of a single account or the cumulative redemption of a single account on the current day
Share ceiling.
9. Other circumstances specified by laws and regulations, recognized by Shanghai Stock Exchange or CSRC.
One of the circumstances of suspension of redemption other than Item 6 above occurs and the Fund Manager decides to suspend redemption or postpone redemption
When postponing the payment of redemption consideration, the Fund Manager shall report to the CSRC for filing as required, and the confirmed redemption application,
The Fund Manager shall pay in full. When the suspension of redemption is eliminated, the Fund Manager shall resume redemption in a timely manner
Business handling and announcement.
9、 Announcement of suspension of subscription or redemption and announcement of reopening subscription or redemption
1. In case of the above suspension of subscription or redemption, the Fund Manager shall specify the media within the specified period
The suspension notice is published on the website.
2. The Fund Manager may, according to the time of suspension of subscription or redemption
Relevant regulations, publish the announcement of reopening subscription or redemption in the specified media; Or, according to the actual situation
The announcement of suspension specifies the time of reopening subscription or redemption, and no announcement of reopening will be issued at that time.
10、 Other subscription and redemption methods
1. ETF feeder funds are those that invest most of their fund assets in tracking the same underlying index
ETF， Closely track the index performance of the target, pursue the minimization of tracking deviation and tracking error, and adopt open
Fund of operation mode. If the Fund launches a feeder fund, the feeder fund can use
No subscription fee will be charged for special subscription of Fund units by shares or cash.
2. The Fund Manager may not violate laws and regulations and have no material adverse effect on the interests of the holders
In the event of an emergency, adjust the method of fund subscription and redemption or the composition of the subscription and redemption consideration, and make an announcement in advance.
3. Provided that it does not violate laws and regulations and has no material adverse impact on the interests of fund share holders,
The Fund Manager may open the OTC subscription and redemption of the Fund after performing appropriate procedures according to the specific circumstances
The specific handling method of OTC subscription and redemption and other related matters will be announced separately at that time.
4. When conditions permit, the fund manager can open the collective subscription, that is, multiple or single investors are allowed
Assemble the portfolio securities or single bonds held by them to form the minimum subscription and redemption unit or its integral multiple
apply for the purchase. On the premise that there is no material adverse effect on the interests of fund share holders,
The fund manager shall have the right to formulate the relevant rules for the collective subscription business.
5. For compliance with the requirements of the Guidelines for Specific Institutional Investors to Participate in the Purchase and Redemption of Securities Investment Funds
The Fund Manager may, if it does not violate laws and regulations and does not materially affect the interests of the holders
Under the circumstance of favorable influence, special subscription methods shall be arranged and announced separately before the implementation of the new subscription methods.
6. The agent designated by the Fund Manager may carry out other services in accordance with this Fund Contract, and both parties shall sign
Sign a written agency agreement.
7. On the premise of not violating laws and regulations and having no material adverse impact on the interests of fund share holders,
The Fund Manager may supplement and adjust the above subscription and redemption arrangements according to market conditions, or
Take other reasonable subscription and redemption methods, and before the implementation date, in accordance with the relevant provisions of the Information Disclosure Measures
Regulate media announcements.
11、 Other businesses such as non transaction transfer, freezing and unfreezing of fund shares
The registration and clearing institution may accept the non transaction transfer, freezing and unfreezing of fund units according to its business rules
And charge a certain handling fee.
12、 Transfer of Fund Units
If permitted by laws and regulations and conditions are met, the Fund Manager may accept the Fund Unitholders
The application for share transfer through the trading place or trading method recognized by the CSRC shall be registered and settled
The institution shall handle the transfer registration of fund units. If the Fund Manager intends to accept the transfer of fund units, it will
Announcement: Fund unit holders shall handle the transfer of fund units in accordance with the business rules announced by the fund manager.
13、 Adjustment or addition of fund settlement and registration mode
If Shanghai Stock Exchange and China Securities Depository and Clearing Co., Ltd. refer to
Several securities investment funds modify the existing clearing, settlement and registration model or launch a new clearing, settlement and registration model
The Fund Manager has the right to adjust the Fund after performing appropriate procedures
Clearing, settlement and registration mode, subscription and redemption mode, or clearing, settlement and registration mode of the new Fund
New subscription and redemption methods will be introduced, and an announcement will be issued at that time to disclose the prospectus of the Fund
It is not necessary to hold a general meeting of fund share holders for review.
14、 Fund launches new business or service
The Fund Manager may, without violating the provisions of laws and regulations and without affecting the interests of Fund Unitholders
In this case, open other service functions and make an announcement in advance.
Part IX Parties to the Fund Contract and Their Rights and Obligations
1、 Fund manager
（1） Profile of the Fund Manager
Name: Ping An Fund Management Co., Ltd
Address: Floor 34, Ping An Financial Center, No. 5033, Yitian Road, Futian Street, Futian District, Shenzhen
Legal representative: Luo Chunfeng
Date of establishment: January 7, 2011
Approval authority and approval document number: CSRC ZJXK [2010] No. 1917
Organizational form: limited liability company (Sino foreign joint venture)
Registered capital: RMB1300 million
Duration: continuous operation
Tel: 0755-22623179
（2） Rights and obligations of the Fund Manager
1. According to the Fund Law, the Operating Measures and other relevant provisions, the rights of the Fund Manager include
But not limited to:
(1) Raising funds according to law;
(2) As of the effective date of the Fund Contract, it shall be used independently in accordance with laws and regulations and the Fund Contract
And manage the fund assets;
(3) Collect fund management fees in accordance with the Fund Contract and the provisions of laws and regulations or approved by the CSRC
Other approved expenses;
(4) Sale of fund shares;
(5) Convene the general meeting of fund unit holders in accordance with the provisions;
(6) Supervise the Fund Custodian in accordance with the Fund Contract and relevant laws and regulations
If a person violates the Fund Contract and relevant national laws and regulations, he shall report it to the CSRC and other regulatory authorities,
And take necessary measures to protect the interests of fund investors;
(7) Nominate a new Fund Custodian when the Fund Custodian changes;
(8) Select and replace the fund sales agency, supervise and deal with the relevant acts of the fund sales agency
Reason;
(9) Serve as or entrust other qualified institutions to act as fund registration and clearing institutions to handle fund registration
Settle business and obtain fees specified in the Fund Contract;
(10) Determine the distribution plan of fund income in accordance with the Fund Contract and relevant laws and regulations;
(11) Reject or suspend the acceptance of subscription and redemption applications within the scope agreed in the Fund Contract;
(12) Exercising shareholders' rights against the invested company for the benefit of the fund in accordance with laws and regulations, and for the benefit of the fund
To exercise the rights arising from the investment of the Fund's assets in securities;
(13) Financing and refinancing of the Fund for the benefit of the Fund in accordance with the law, provided that laws and regulations permit
Through securities lending business;
(14) Exercising litigation rights on behalf of fund share holders in the name of the fund manager; or
Performing other legal acts;
(15) Select and replace law firms, accounting firms, securities, futures brokers or others
External institutions providing services by the Fund;
(16) Formulate and adjust relevant fund subscription, subscription
Business rules for redemption and share transfer;
(17) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operation Measures and other relevant provisions, the obligations of the Fund Manager include
But not limited to:
(1) Raise funds according to law, handle or entrust other institutions recognized by the CSRC to handle
The sale, subscription, redemption and registration of fund units;
(2) Handling the fund filing procedures;
(3) From the effective date of the Fund Contract, manage and operate in the principle of good faith, prudence and diligence
Use of fund assets;
(4) Allocate sufficient personnel with professional qualifications to carry out fund investment analysis and decision-making, so as to be professional
Management and operation of fund assets;
(5) Establish and improve internal risk control, supervision and audit, financial management and personnel management systems,
To ensure that the assets of the fund under management and the assets of the fund manager are independent of each other, and to separate the different funds under management
Management, separate bookkeeping and securities investment;
(6) Except in accordance with the Fund Law, the Fund Contract and other relevant provisions, the Fund property shall not be used
To seek benefits for oneself and any third party, and shall not entrust any third party to operate the fund property;
(7) Accept the supervision of the Fund Custodian according to law;
(8) Prepare and publish the list of subscription and redemption, calculate and publish the net fund value information, and determine the fund units
Subscription consideration and redemption consideration;
(9) The party that takes appropriate and reasonable measures to calculate the subscription price, subscription and redemption consideration of fund units
The Law complies with the provisions of the Fund Contract and other legal documents;
(10) Accept the application for subscription and redemption as required, and pay the redemption consideration in time and in full;
(11) Conduct fund accounting and prepare fund financial accounting reports;
(12) Prepare quarterly report, interim report and annual report;
(13) Information disclosure and
Reporting obligations;
(14) Keep the business secrets of the fund, and do not disclose the fund investment plan, investment intention, etc. In addition to the Fund Law
Unless otherwise specified in the Fund Contract and other relevant provisions or required by the competent authority
Before disclosure, it shall be kept confidential and not disclosed to others, except for those provided to external professional consultants such as audit and law consultants;
(15) Determine the fund income distribution plan according to the Fund Contract, and hold the fund shares in a timely manner
Distribution of fund income by people;
(16) Convene the Fund Unitholders in accordance with the Fund Law, the Fund Contract and other relevant provisions
To convene a general meeting of fund unit holders in accordance with the law, or to cooperate with the fund custodian and fund unit holders;
(17) Keep the accounting books, statements, records and other relevant information of fund property management business activities as required
If the relevant information is more than 15 years old and the laws and regulations provide otherwise, the provisions shall prevail;
(18) Ensure that all documents or materials required to be provided to fund investors are issued within the specified time, and
To ensure that investors can check the information related to the Fund at any time according to the time and method specified in the Fund Contract
Disclose materials and obtain copies of relevant materials at reasonable cost;
(19) Organize and participate in the fund assets liquidation team, and participate in the custody, liquidation, valuation
Realization and distribution;
(20) Timely report to the CSRC when faced with dissolution, legal revocation or bankruptcy declaration
And notify the Fund Custodian;
(21) Loss of fund property or damage to the legitimacy of fund share holders due to violation of the Fund Contract
When he/she has rights and interests, he/she shall be liable for compensation, and his/her liability for compensation shall not be exempted by his/her retirement;
(22) Supervise the Fund Custodian to perform its obligations in accordance with laws and regulations and the Fund Contract
When the Fund Custodian violates the Fund Contract and causes losses to the Fund property, the Fund Manager shall hold
The interests of the Fund Custodian shall be recovered from the Fund Custodian;
(23) When the fund manager entrusts its obligations to a third party, it shall deal with the relevant funds to the third party
Take responsibility for the behavior of financial affairs;
(24) In the name of the Fund Manager, on behalf of the Fund Unitholders, to exercise the right of litigation or implement its
Other legal acts;
(25) The Fund Manager fails to meet the filing conditions of the Fund during the raising period, and the Fund Contract cannot
Effective, the fund manager shall bear all the raising costs, and add the raised funds to the current deposit interest of the bank for the same period
The interest shall be returned to the fund subscriber within 30 days after the end of the fund raising period, and the registration and clearing institution shall be notified of the offering
The agency unfreezes the frozen shares;
(26) Implement the effective resolutions of the general meeting of fund share holders;
(27) Establish and maintain the register of fund unit holders;
(28) Other obligations stipulated by laws and regulations, CSRC and the Fund Contract.
2、 Fund Custodian
（1） Profile of Fund Custodian
Name: Bank of Nanjing Co., Ltd. (hereinafter referred to as "Bank of Nanjing")
Address: No. 288, Zhongshan Road, Xuanwu District, Nanjing
Office address: No. 288, Zhongshan Road, Xuanwu District, Nanjing
Legal representative: Hu Shengrong
Time of establishment: February 6, 1996
Organizational form: limited liability company
Registered capital: RMB 10007016973
Duration: continuous operation
Approval No. of fund custody business: CSRC ZJXK [2014] No. 405
（2） Rights and obligations of the Fund Custodian
1. According to the Fund Law, the Operating Measures and other relevant provisions, the rights of the Fund Custodian include
But not limited to:
(1) As of the effective date of the Fund Contract, it shall be safe in accordance with laws, regulations and the provisions of the Fund Contract
Custody of fund assets;
(2) Obtain fund custody fees, laws and regulations or regulatory approval in accordance with the Fund Contract
Other approved expenses;
(3) To supervise the investment operation of the Fund Manager in the Fund, and if it is found that the Fund Manager has violated the Basic Law of the People's Republic of China
The fund contract and national laws and regulations have caused significant losses to the fund property and the interests of other parties
The situation shall be reported to the CSRC and necessary measures shall be taken to protect the interests of fund investors;
(4) In accordance with the relevant market rules, open capital accounts, securities accounts and other investment accounts for the Fund,
Clearing securities and futures trading funds for the Fund;
(5) Propose to convene or convene a general meeting of fund unit holders;
(6) Nominate a new fund manager when the fund manager changes;
(7) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operating Measures and other relevant provisions, the obligations of the Fund Custodian include
But not limited to:
(1) Holding and safekeeping fund assets in the principle of good faith and diligence;
(2) A special fund custody department shall be set up, with satisfactory business premises and sufficient
Qualified full-time personnel familiar with fund custody business, responsible for fund property custody matters;
(3) Establish and improve internal risk control, supervision and audit, financial management and personnel management systems,
To ensure the safety of the fund property and ensure that the fund property under its custody is different from the fund custodian's own property and
Fund assets are independent of each other; Set up separate accounts for different funds under custody, conduct independent accounting, and manage accounts separately,
Ensure that different funds are independent from each other in terms of account setting, fund transfer, account book recording, etc;
(4) Except in accordance with the Fund Law, the Fund Contract and other relevant provisions, the Fund shall not be used
To seek benefits for oneself and any third party, it is not allowed to entrust a third party to trust the fund property;
(5) To keep the major contracts and relevant vouchers related to the Fund signed by the Fund Manager on behalf of the Fund;
(6) Open the fund account, securities account and other accounts required for investment of the fund property according to the regulations
As agreed in the Gold Contract, clearing and delivery shall be handled in a timely manner according to the investment instructions of the Fund Manager;
(7) Keep fund business secrets, unless otherwise specified in the Fund Law, the Fund Contract and other relevant regulations
In addition to the provisions, the fund information shall be kept confidential before public disclosure and shall not be disclosed to others;
(8) Review and review the net fund asset value, net fund share value and fund share calculated by the fund manager
Amount of subscription and redemption consideration;
(9) To handle information disclosure related to fund custody business activities;
(10) To issue opinions on the financial and accounting reports, quarterly reports, interim reports and annual reports of the Fund, stating that
Specify whether the Fund Manager operates in all important aspects in strict accordance with the provisions of the Fund Contract; If
If the Fund Manager fails to implement the provisions of the Fund Contract, it shall also state whether the Fund Custodian has taken
Appropriate measures have been taken;
(11) Keep records, account books, statements and other relevant materials of fund custody business activities for 20 years
Where laws and regulations provide otherwise, such provisions shall prevail;
(12) Receive and keep the register of fund unit holders from the fund manager or its entrusted registration institution;
(13) Prepare relevant account books as required and check with the fund manager;
(14) To pay fund income and
The cash portion of the redemption consideration;
(15) Convene the Fund Unitholders in accordance with the Fund Law, the Fund Contract and other relevant provisions
To convene a general meeting of fund share holders or to cooperate with the fund manager and fund share holders to convene a general meeting of fund share holders in accordance with the law;
(16) Supervise the investment operation of the Fund Manager in accordance with laws and regulations and the provisions of the Fund Contract;
(17) Participate in the fund assets liquidation team, and participate in the custody, liquidation, valuation, realization and
Distribution;
(18) Timely report to the CSRC when faced with dissolution, legal revocation or bankruptcy declaration
And bank regulators, and notify the fund manager;
(19) If the Fund property is lost due to violation of the Fund Contract, it shall be liable for compensation
Liability will not be relieved by his retirement;
(20) Supervise the Fund Manager to perform its obligations in accordance with laws, regulations and the Fund Contract
The Fund Manager shall be the Fund Unitholder in case of any loss of fund property due to violation of the Fund Contract
The interests shall be recovered from the fund manager;
(21) Implement the effective resolutions of the general meeting of fund share holders;
(22) Other obligations stipulated by laws and regulations, CSRC and the Fund Contract.
3、 Fund share holders
The fund investor's holding of the fund shares of the Fund shall be deemed as the recognition and acceptance of the Fund Contract,
The fund shares obtained by the fund investor in accordance with the Fund Contract become the fund share holder and the Fund
The parties to the Fund Agreement until they no longer hold the Fund units of the Fund. The Fund Unitholders shall serve as the Fund Unitholders
The parties to the Fund Contract shall not be required to sign or seal the Fund Contract in writing.
Each fund unit has the same legal rights and interests.
1. According to the Fund Law, the Operation Measures and other relevant provisions, the rights of fund share holders
Including but not limited to:
(1) Share the fund property income;
(2) Participate in the distribution of the remaining fund assets after liquidation;
(3) Apply for redemption or transfer of fund units held by them according to law;
(4) To call a general meeting of fund unit holders or a general meeting of fund unit holders as required;
(5) Attend or appoint a representative to attend the general meeting of fund unit holders
Exercise the right to vote on matters under consideration;
(6) Consulting or copying publicly disclosed fund information;
(7) To supervise the investment operation of the Fund Manager;
(8) The legal rights and interests of the fund manager, fund custodian and fund sales institution shall be harmed in accordance with
Legal action or arbitration;
(9) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operation Measures and other relevant provisions, the obligations of the Fund Unitholders
Including but not limited to:
(1) Carefully read and abide by the Fund Contract, Prospectus, fund product information summary
Information disclosure documents such as relevant business rules and relevant announcements on the Fund issued by the Fund Manager in accordance with regulations;
(2) Understand the fund products invested, understand their own risk tolerance, and independently judge the fund investment
Value, make investment decisions independently and bear investment risks independently;
(3) Pay attention to fund information disclosure, exercise rights and perform obligations in a timely manner;
(4) Payment of fund subscription funds and shares, subscription consideration payable, laws and regulations and the Fund Agreement
The fees specified in the same regulations;
(5) Undertaking fund losses or terminating the Fund Contract within the scope of fund units held by them
Limited liability;
(6) Do not engage in any activities that may damage the legitimate rights and interests of the Fund and other parties to the Fund Contract;
(7) Implement the effective resolutions of the general meeting of fund share holders;
(8) Return the improper gains obtained for any reason in the course of fund transactions;
(9) Other obligations stipulated by laws and regulations, the CSRC and the Fund Contract.
Part X General Meeting of Fund Unitholders
The general meeting of fund unit holders shall be composed of fund unit holders, who are legally authorized to act on their behalf
Form A has the right to attend meetings and vote on behalf of fund share holders. The general meeting of fund unit holders described in this part
In this regard, each fund unit held by the fund unit holder has equal rights. If future laws and regulations
If the General Meeting of Fund Unitholders stipulates otherwise, the then effective laws and regulations shall prevail.
If the Fund is the target ETF and the Fund Manager is the same as the Fund
After taking effect, in view of the correlation between the Fund and the ETF feeder fund, the fund shares of the ETF feeder fund are held
A person may attend or appoint a representative to attend the ETF feeder fund share holding
There are people in the meeting and voting. When calculating the participation shares and counting the votes, ETF feeder fund holders
The number of fund units with voting rights and the number of votes are, and the equity registration at the general meeting of fund unit holders of the Fund
Day, the total number of ETF feeder funds holding the Fund units multiplied by the ETF held by the fund unit holders
The proportion of feeder fund shares in the total ETF feeder fund shares, and the calculation results shall be rounded,
Keep to the whole number. Each participating share of the feeder fund converted into the fund and each participating share of the fund
We have equal voting rights.
Fund managers of ETF feeder funds should not represent ETF feeder funds in the name of ETF feeder funds
All fund unit holders of the Fund shall exercise their voting rights as fund unit holders of the Fund, but it is acceptable
Entrustment of specific fund unit holders of ETF feeder funds to fund unit holders of ETF feeder funds
The agent shall attend and vote at the general meeting of fund unit holders of the Fund.
The Fund Manager of the ETF Feeder proposes to hold the meeting on behalf of the Fund Unitholders of the ETF Feeder
Or convene a general meeting of the Fund Unitholders, which shall be held in accordance with the ETF Feeder Fund Contract
The Fund Unitholders' Meeting of the ETF Feeder and the Fund Unitholders' Meeting of the ETF Feeder
If the Fund Unitholders' Meeting is proposed to be held or convened, the Fund Manager of the ETF Feeder Fund shall act on its behalf
Form The Fund Unitholders of the ETF Feeder Fund propose to convene or convene a general meeting of the Fund Unitholders.
The National People's Congress of the holders of Fund units does not have a daily institution. During the duration of the Fund, according to the operation of the Fund
If necessary, the general meeting of fund share holders can add daily institutions, and the establishment and operation of daily institutions should be based on
According to relevant laws and regulations and the provisions of the CSRC.
1、 Reason for convening
1. Unless otherwise specified by laws and regulations, the CSRC and the fund contract
A general meeting of fund unit holders shall be convened for any of the following reasons:
(1) Terminate the Fund Contract;
(2) Change the fund manager;
(3) Change the Fund Custodian;
(4) Change the operation mode of the fund;
(5) Adjust the remuneration standards of the Fund Manager and the Fund Custodian;
(6) Change of fund category;
(7) The merger of the Fund with other funds;
(8) Change the investment objective, scope or strategy of the Fund;
(9) Change the procedures of the general meeting of fund unit holders;
(10) The listing of the Fund was terminated by Shanghai Stock Exchange because the Fund no longer meets the listing conditions
Except for the circumstances where the listing is terminated;
(11) The Fund Manager or the Fund Custodian requests to convene a general meeting of Fund Unitholders;
(12) Fund shares that individually or collectively hold more than 10% (including 10%) of the total fund shares
The amount holder (calculated based on the fund shares on the day when the fund manager receives the proposal, the same below) writes about the same matter
To request the convening of a general meeting of fund share holders;
(13) Other matters that have a significant impact on the rights and obligations of the parties to the fund contract;
(14) Other fund units that shall be convened as required by laws and regulations, the Fund Contract or the CSRC
Matters of the general meeting of shareholders.
2. Within the scope stipulated by laws and regulations and the Fund Contract and for the interests of fund share holders
On the premise that there is no material adverse effect, the following circumstances may be modified by the Fund Manager and the Fund Custodian after consultation:,
It is not necessary to convene a general meeting of fund share holders:
(1) Reduce other expenses that should be borne by the Fund or the Fund Unitholders;
(2) Collection of fund fees increased as required by laws and regulations;
(3) Adjust the subscription rate of the Fund, lower the redemption rate or change the charging method;
(4) Due to relevant laws and regulations, relevant business regulations of Shanghai Stock Exchange or registration and clearing institutions
The Fund Contract shall be modified due to changes;
(5) The amendment to the Fund Contract has no material adverse effect on the interests of the Fund Unitholders or the amendment
The change does not involve any change in the rights and obligations of the parties to the Fund Contract;
(6) The Fund Manager, relevant stock exchanges and registration and clearing institutions adjust the subscription and application of relevant funds
Rules for purchase, redemption, trading, non trading transfer and other businesses;
(7) Change the target index licensing fee rate and calculation according to the agreement of the index licensing agreement
Method, payment method or lower limit of collection;
(8) The Fund launches new businesses or services;
(9) The Feeder Fund of the Fund participates in the subscription and redemption of the Fund by special subscription or other means;
(10) Adjust the subscription and redemption method of the fund and the composition of the subscription and redemption consideration;
(11) Adjust the calculation and announcement time or frequency of the net value of fund units, purchase and redemption list;
(12) Fund opening of OTC subscription, redemption and other related businesses;
(13) If it is not necessary to hold a general meeting of fund share holders in accordance with laws and regulations and the Fund Contract
His situation.
2、 Convener and convening method
1. Unless otherwise stipulated in laws and regulations or the Fund Agreement, the general meeting of fund share holders shall be held by
The fund manager shall convene the meeting.
2. If the Fund Manager fails to convene the meeting or cannot convene the meeting as required, the Fund Custodian shall convene the meeting.
3. If the Fund Custodian deems it necessary to convene a general meeting of Fund Unitholders, it shall report to the Fund Manager
Make a written proposal. The Fund Manager shall decide whether to convene the meeting or not within 10 days after receiving the written proposal,
And notify the Fund Custodian in writing. If the Fund Manager decides to convene the meeting, it shall issue a written decision 60
Held within the day; If the Fund Manager decides not to convene the meeting and the Fund Custodian still considers it necessary, the Fund Custodian shall
The fund custodian shall convene the meeting on its own and notify the fund manager within 60 days from the date of issuing the written decision,
The Fund Manager shall cooperate.
4. The fund share holders representing more than 10% (including 10%) of the fund shares shall submit a written request on the same matter
A written proposal shall be submitted to the Fund Manager for convening a general meeting of Fund Unitholders. The Fund Manager shall
Decide whether to convene the meeting or not within 10 days from the date of receiving the written proposal, and notify the proposed fund units in writing
The holder's representative and the fund custodian. If the fund manager decides to convene the meeting, it shall start from the date of issuing a written decision
Held within 60 days; The Fund Manager decides not to convene the meeting, which represents the basis of more than 10% (including 10%) of the Fund shares
If the gold share holders still think it necessary to hold the meeting, they shall submit a written proposal to the Fund Custodian. Fund Custody
People shall decide whether to convene the meeting or not within 10 days from the date of receiving the written proposal, and inform the basis of the proposal in writing
Representatives of gold share holders and fund managers; If the Fund Custodian decides to convene the meeting, it shall issue a written decision
The fund manager shall be informed of the meeting within 60 days from the date of the meeting, and the fund manager shall cooperate.
5. Fund share holders representing more than 10% (including 10%) of the fund shares request to call
If a general meeting of fund unit holders is held and neither the fund manager nor the fund custodian convenes it, it shall be held separately or jointly
Form The fund share holders with more than 10% (including 10%) of the fund shares have the right to convene at least 30 days in advance
Daily report to China Securities Regulatory Commission for filing. Where a fund unit holder convenes a general meeting of fund unit holders on his own according to law
The Fund Manager and the Fund Custodian shall cooperate and shall not obstruct or interfere.
6. The convener of the Fund Unitholders' Meeting shall be responsible for selecting and determining the time, place, method and right of the meeting
Registration date.
3、 Time, content and method of notice for convening the general meeting of fund unit holders
1. To convene a general meeting of fund share holders, the convener shall, 30 days before the meeting
Notice. The notice of the general meeting of fund share holders shall at least contain the following contents:
(1) Time, place and form of the meeting;
(2) Matters to be considered, procedures and voting methods at the meeting;
(3) The registration date of the rights and interests of fund unit holders who are entitled to attend the general meeting of fund unit holders;
(4) Requirements for the content of the authorization certificate (including but not limited to the identity, authority and proxy of the agent)
The time and place of delivery;
(5) Name and telephone number of the permanent contact person for conference affairs;
(6) Documents that must be prepared and procedures that must be performed by the attendees;
(7) Other matters to be notified by the convener.
2. In case of communication meeting and voting, the convener of the meeting shall decide to notify the meeting
The specific means of communication adopted by the National People's Congress of the Fund Unitholders, the entrusted notary authority and its copy
Method and contact person, deadline for submission of voting opinions and collection method.
3. If the convener is the fund manager, it shall also notify the fund custodian in writing to check the statement at the designated place
Supervise the vote counting of the decision; If the convener is the fund custodian, it shall notify the fund manager in writing separately
Go to the designated place to supervise the counting of votes; If the convener is the fund share holder, it shall be separately
Inform the Fund Manager and the Fund Custodian in writing to go to the designated place to supervise the counting of votes. fund
If the manager or fund custodian refuses to send representatives to supervise the counting of votes, the voting opinions will not be affected
Vote counting effect of.
4、 Ways of Fund Unitholders Attending the Meeting
The general meeting of fund share holders can be held by means of on-site meeting or communication meeting, as well as laws, regulations or
The convener of the meeting shall determine other methods allowed by the regulatory authority.
1. On site meeting. Appointed by the Fund Unitholders in person or by proxy
The authorized representatives of the Fund Manager and the Fund Custodian shall attend the on-site meeting as nonvoting delegates
If the Fund Manager or the Fund Custodian does not send representatives to attend the general meeting, the voting effect shall not be affected. On site opening
The agenda of the general meeting of Fund Unitholders may be held when the following conditions are met simultaneously:
(1) Certificates of fund units held by those who attend the meeting in person, and principals issued by those entrusted to attend the meeting
The certificate of holding fund shares and the certificate of proxy voting authorization of the trustor comply with laws and regulations
And the provisions of the notice of the meeting, and the vouchers for holding fund shares and the registration materials held by the fund manager
Conformity;
(2) After verification, the voucher presented by the participants for holding fund units on the equity registration date shows that,
The effective fund units shall not be less than one-half (including one-half) of the total fund units of the Fund on the equity registration date
1） . If the effective fund units represented by the participants on the equity registration date are less than the base of the Fund on the equity registration date
1/2 of the total fund units, the convener may hold the fund unit holders' meeting at 3
The General Meeting of Fund Unitholders shall be reconvened within six months after the expiration of six months on the matters originally scheduled for deliberation. Recall
The effective fund units represented by the participants of the general meeting of fund unit holders on the equity registration date shall not be less than
One third (including one third) of the total fund shares of the Fund on the equity registration date.
2. Correspondence meetings. Correspondence meeting means that the Fund Unitholders submit their votes on voting matters in writing
Form or other means specified in the announcement of the meeting shall be delivered to the address designated by the convener before the deadline for voting. through
The meeting shall vote in writing or in other ways specified in the notice of the meeting.
If the following conditions are met at the same time, the method of communication meeting shall be deemed as effective:
(1) The convener of the meeting shall publish the notice of the meeting in accordance with the Fund Contract, and within 2 working days
Continue to publish relevant advisory announcements;
(2) The convener shall notify the fund custodian in accordance with the fund contract (if the fund custodian is the convener,
The fund manager) to the designated place to supervise the counting of votes. The convener of the meeting is in Kikinto
The custodian (or the fund manager if the fund custodian is the convener) and the notary organ shall, under the supervision of the
Collect the voting opinions of fund share holders in the manner specified in the notice of discussion; The Fund Custodian or Fund Manager
If a notice is given not to participate in the collection of voting opinions, the voting effect shall not be affected;
(3) If he/she directly issues voting opinions or authorizes others to issue voting opinions, the fund shares
The fund shares held by someone shall not be less than half (including half) of the total fund shares on the equity registration date
1） ; If I directly issue written opinions or authorize others to issue written opinions on behalf of fund share holders
If the fund units held are less than half of the total fund units on the equity registration date, the convener may make an announcement in the original
Within 3 months and 6 months after the time of holding the general meeting of fund unit holders of
Convene a new general meeting of fund unit holders. The reconvened general meeting of fund unit holders shall have one-third of the representatives
One or more (including one third) of the fund share holders directly issue written opinions or authorize others to issue them on behalf
Written comments.
(4) Fund unit holders or entrusted representatives who directly issue voting opinions in Item (3) above
The agent who issues the voting opinion, the certificate of holding the fund unit submitted at the same time, and the agent entrusted to issue the voting opinion
The certificate issued by the agent that the principal holds fund shares and the certificate of proxy voting authorization of the principal
Comply with laws and regulations, the Fund Contract and the notice of the meeting, and comply with the records of the fund registration and clearing institution.
3. The Fund Unitholders of the Fund, on the premise of not violating the laws and regulations and the provisions of the regulatory authority
It may also authorize its agent to attend the general meeting of fund share holders and exercise voting rights in other non written ways;
In terms of the way of holding the meeting, the Fund can also use other off-site ways or on-site ways to communicate with off-site parties
The general meeting of fund share holders shall be held in a combination of methods, and the meeting procedures shall be held in accordance with on-site meetings and communication methods
The procedure of the meeting will be carried out. Fund share holders may enter the fund in writing, online, telephone, SMS or other ways
The specific method of voting shall be determined by the convener of the meeting and listed in the notice of the meeting.
5、 Discussion content and procedure
1. Discussion content and proposal right
After the convener of the general meeting of fund unit holders issues the notice of convening the meeting, he/she shall amend the contents of the original proceedings
The change shall be announced in time before the general meeting of fund unit holders is held.
The meeting of the fund unit holders' congress may not vote on the contents of the proceedings that have not been announced in advance.
2. Proceedings
(1) On site meeting
In the form of on-site meeting, the presider of the meeting shall first determine and publish
The supervisor shall then read out the proposal by the presider of the meeting, vote after discussion, and form the resolution of the meeting.
The presider of the meeting is the representative authorized by the fund manager to attend the meeting, but the authorized representative of the fund manager fails to preside
In the case of a general meeting, the representative authorized by the Fund Custodian to attend the meeting shall preside over the meeting; If authorized by the Fund Manager
If neither the representative nor the authorized representative of the Fund Custodian can preside over the meeting, the Fund Unitholders and
More than 50% (including 50%) of the voting rights held by the agent shall elect a fund share holder as this time
The chairperson of the general meeting of fund share holders. The Fund Manager and the Fund Custodian refuse to attend or preside over the Fund
The general meeting of fund share holders shall not affect the validity of the resolutions made at the general meeting of fund share holders.
The convener of the meeting shall prepare the signature book of the attendees. The name of the participants shall be recorded in the signature book
(or unit name), ID document number, fund shares held or represented with voting rights, and principals
Name (or unit name) and contact information.
(2) Communication meeting
In the case of a communication meeting, the convener shall first announce the proposal 30 days in advance, and then vote on it
Within 2 working days after the deadline, the convener shall count all valid votes under the supervision of the notary office
The resolution is formed under the supervision of the organ.
6、 Voting
Each fund unit held by the fund unit holder has one vote.
The resolutions of the general meeting of fund share holders can be divided into general resolutions and special resolutions:
1. The general resolution shall be subject to the form held by the fund share holders or their agents attending the meeting
More than half (including half) of the voting rights are valid only after passing; Except as provided in the second item below
Matters other than those passed by special resolution shall be passed by general resolution.
2. Special resolution, which shall be held by fund share holders or their agents attending the meeting
It can be made only after being approved by more than two-thirds (including two-thirds) of the voting rights. Unless otherwise specified by laws and regulations or based on
Unless otherwise agreed in the fund contract, change the operation mode of the fund, change the fund manager or fund custodian, and terminate
The Fund Contract and the merger with other funds shall be effective only after passing a special resolution.
The general meeting of fund share holders shall vote by open ballot.
When voting by means of communication, unless there is sufficient evidence to the contrary when counting votes, submit
The voting for confirming the investor's identity document in accordance with the provisions of the notice of the meeting shall be deemed as effective attendance of investors
The voting opinions that meet the requirements of the notice of meeting shall be deemed as valid voting, and the voting opinions that are ambiguous or contradictory shall be deemed as valid voting
It means abstention from voting, but shall be included in the total number of fund units represented by the fund unit holders who issue voting opinions.
The proposals of the general meeting of fund share holders or the parallel topics in the same proposal shall be separated
Review and vote item by item.
7、 Vote counting
1. On site meeting
(1) If the general meeting is convened by the Fund Manager or the Fund Custodian, the general meeting of the Fund Unitholders shall be presided over
At the beginning of the meeting, it shall be announced that two fund share holders and agents present at the meeting shall elect
The representative of the gold share holder and a supervisor authorized by the convener of the meeting jointly act as the scrutineer; If the General Assembly is based on
Although the fund share holders themselves or the general meeting is convened by the fund manager or the fund custodian, the fund management
If the Manager or Fund Custodian fails to attend the meeting, the chairperson of the meeting of Fund Unitholders shall be present at the beginning of the meeting
Later, it was announced that three representatives of fund share holders would be elected from among the fund share holders and agents present at the meeting
Serve as scrutinizer. The absence of the Fund Manager or the Fund Custodian from the meeting shall not affect the effectiveness of vote counting.
(2) The scrutineers shall count the votes immediately after the fund share holders vote and the chairman of the meeting shall act as
The results of the vote counting will be announced on the spot.
(3) If the chairman of the meeting or the fund share holder or agent has different opinions on the voting results submitted
The number of votes demanded may be counted again immediately after the announcement of the voting results. The scrutineer shall
Re inventory is limited to one time. After re counting, the presider of the meeting shall announce the re counting on the spot
Point results.
(4) The vote counting process shall be notarized by a notary office, and the fund manager or fund custodian refuses to attend
The validity of counting votes shall not be affected by the decision of the General Assembly.
2. Communication meeting
In the case of a communication meeting, the method of counting votes is: two supervisors authorized by the convener of the general meeting are in the fund
Supervised by the authorized representative of the custodian (or the authorized representative of the fund manager if convened by the fund custodian)
The counting process shall be notarized by the notary office. The Fund Manager or the Fund Custodian refuses to appoint a representative
If the voting table supervises the counting of votes, it shall not affect the counting and voting results.
8、 Effectiveness and announcement
The convener shall report the resolution of the general meeting of fund unit holders to the CSRC within 5 days from the date of adoption
keep on record.
The resolution of the general meeting of fund share holders shall take effect from the date of voting.
The resolution of the general meeting of fund share holders shall be announced on the specified media within 2 days from the effective date. If using
Vote by means of communication. When announcing the resolution of the general meeting of fund share holders, the full text of the notarial certificate
The name of the certification authority and the notary shall be announced together.
The Fund Manager, the Fund Custodian and the Fund Unitholders shall implement the effective Fund Unitholders
General Assembly resolutions. Effective resolution of the general meeting of fund unit holders on the management of all fund unit holders and funds
Both the trustee and the fund trustee are binding.
9、 On the premise that there is no material adverse effect on the interests of fund share holders
Provisions on the cause, conditions, procedures and voting conditions of the general meeting of shareholders, which are directly quoted
Part of laws, regulations or regulatory rules, such as the cancellation of relevant contents due to the modification of laws, regulations or regulatory rules in the future
Or changed or new shareholders' meeting mechanism added by laws and regulations, the fund manager can directly
The content of this part shall be modified, adjusted or supplemented without convening a general meeting of fund share holders for deliberation.
Part XI Conditions and Procedures for Replacement of Fund Manager and Fund Custodian
1、 Termination of duties of the Fund Manager and the Fund Custodian
（1） Circumstances of termination of the Fund Manager's duties
Under any of the following circumstances, the duties of the fund manager shall be terminated:
1. Having been disqualified from fund management according to law;
2. Dismissed by the general meeting of fund unit holders;
3. It is dissolved, canceled or declared bankrupt according to law;
4. Other circumstances stipulated by laws and regulations, CSRC and the Fund Contract.
（2） Circumstances of the termination of the duties of the Fund Custodian
Under any of the following circumstances, the duties of the Fund Custodian shall be terminated:
1. The fund custody qualification is canceled according to law;
2. Dismissed by the general meeting of fund unit holders;
3. It is dissolved, canceled or declared bankrupt according to law;
4. Other circumstances stipulated by laws and regulations, CSRC and the Fund Contract.
2、 Procedures for replacement of the Fund Manager and the Fund Custodian
（1） Replacement procedure of fund manager
1. Nomination: The new Fund Manager is held by the Fund Custodian or by more than 10% (including
10%) Nomination of fund unit holders of fund units;
2. Resolution: The General Meeting of Fund Unitholders shall, within 6 months after the termination of the duties of the Fund Manager
A resolution shall be made by the fund manager of
More than two thirds (including two thirds) of the votes are passed, and the resolution becomes effective from the date of voting;
3. Temporary Fund Manager: The CSRC shall designate a temporary fund manager
Financial administrator;
4. Filing: the resolution of the General Meeting of Fund Unitholders to change the Fund Manager must be reported to the CSRC for filing;
5. Announcement: After the replacement of the Fund Manager, the Fund Custodian shall change the Fund shares of the Fund Manager
The resolution of the general meeting of shareholders shall be announced in the specified media within 2 days after it takes effect;
6. Handover: If the responsibilities of the fund manager are terminated, the fund manager shall properly keep the fund management business assets
To handle the transfer procedures of fund management business to the temporary fund manager or the new fund manager in a timely manner
The Fund Manager or the new Fund Manager shall take over in a timely manner. New Fund Manager or Temporary Fund Manager
The total value and net value of the Fund's assets shall be checked with the Fund Custodian;
7. Audit: if the duties of the fund manager are terminated, the fund manager shall employ an accountant in accordance with laws and regulations
The Institute shall audit the fund assets, announce the audit results, and report to the CSRC for filing
The expenses shall be disbursed from the fund assets;
8. Change of fund name: after the change of fund manager, if the original or new fund manager requires,
The name words related to the original fund manager in the fund name shall be replaced or deleted as required.
（2） Procedures for replacing the Fund Custodian
1. Nomination: The new Fund Custodian is held by the Fund Manager or more than 10% (including
10%) Nomination of fund unit holders of fund units;
2. Resolution: The General Meeting of Fund Unitholders shall, within 6 months after the termination of the duties of the Fund Custodian
The Fund Custodian of
More than two thirds (including two thirds) of the votes are passed, and the resolution becomes effective from the date of voting;
3. Temporary Fund Custodian: Before the new Fund Custodian is appointed, the CSRC shall appoint a temporary fund custodian
Gold custodian;
4. Filing: the resolution of the general meeting of fund share holders to change the fund custodian must be reported to the CSRC for filing;
5. Announcement: After the replacement of the Fund Custodian, the Fund Manager shall change the Fund units of the Fund Custodian
The resolution of the general meeting of shareholders shall be announced in the specified media within 2 days after it takes effect;
6. Handover: Where the duties of the fund custodian are terminated, the fund custodian shall properly keep the fund assets and the fund custody business
Information, timely handle the transfer procedures of fund assets and fund custody business, and appoint a new fund custodian or temporarily
The Fund Custodian shall take over in a timely manner. The new fund custodian or temporary fund custodian shall check with the fund manager
Total value and net value of fund assets;
7. Audit: If the duties of the Fund Custodian are terminated, the Fund Custodian shall employ an accountant in accordance with laws and regulations
The Institute shall audit the fund assets, announce the audit results, and report to the CSRC for filing
The expenses shall be disbursed from the fund assets.
（3） Conditions and procedures for simultaneous replacement of the Fund Manager and the Fund Custodian.
1. Nomination: if the Fund Manager and the Fund Custodian change at the same time, the Fund will be held separately or jointly
Fund share holders with more than 10% (including 10%) of total shares nominate new fund managers and fund custody
People;
2. The replacement of the Fund Manager and the Fund Custodian shall be carried out in accordance with the above procedures respectively;
3. Announcement: The new Fund Manager and Fund Custodian shall change the Fund Manager and Fund Custodian
A joint announcement shall be made on the specified media within 2 days after the resolution of the general meeting of fund unit holders of the custodian takes effect.
3、 The new fund manager or temporary fund manager receives the fund management business, or the new fund custodian
The original fund manager or the original fund custodian
The custodian shall continue to perform relevant duties in accordance with laws and regulations and the provisions of the fund contract, and ensure that it will not make any
The act of harming the interests of unit holders. The original fund manager or the original fund custodian continues to perform
During the period of their duties, they shall still have the right to collect fund management fees or fund custody fees in accordance with the provisions of this Fund Contract.
4、 The provisions of this Part on the conditions and procedures for the replacement of the Fund Manager and the Fund Custodian
References to laws, regulations or regulatory rules, such as the relevant contents caused by the modification of laws, regulations or regulatory rules in the future
In case of cancellation or change, the Fund Manager and the Fund Custodian can directly compare with each other after reaching an agreement and making an announcement in advance
The contents shall be modified and adjusted without convening a general meeting of fund share holders for deliberation.
Part XII Custody of the Fund
The Fund Custodian and the Fund Manager shall enter into a contract in accordance with the Fund Law, the Fund Contract and other relevant provisions
Escrow Agreement.
The purpose of entering into the custody agreement is to clarify the protection of fund assets between the fund custodian and the fund manager
Rights in management, investment operation, net value calculation, income distribution, information disclosure, mutual supervision and other related matters
Obligations and responsibilities to ensure the safety of fund assets and protect the legitimate rights and interests of fund share holders.
Part XIII Registration of Fund Units
1、 Fund share registration and settlement business
The registration and settlement business of the Fund refers to the registration and settlement business of the Fund according to
Basis defined in the Detailed Rules for the Implementation of the Registration and Settlement Business of Trading Open ended Securities Investment Funds and the relevant business rules
Registration, custody and settlement of gold shares.
2、 Fund registration and settlement business handling agency
The registration and settlement business of the Fund is entrusted by the Fund Manager or other qualified
However, the fund manager shall not be exempted from its responsibilities according to law due to entrustment. Entrustment of fund manager
Where other institutions handle the registration and settlement business of the Fund, they shall sign an agency agreement with the relevant institutions to clarify
The fund manager and agent shall manage the investor's fund account, register and liquidate fund shares, and conduct fund transactions
Confirm, distribute dividends, establish and keep the register of fund share holders and other rights and obligations, and protect
The legitimate rights and interests of fund unit holders.
3、 Rights of the fund registration and clearing institution
The fund registration and clearing institution shall have the following rights:
1. Registration fee;
2. Establish and manage investor fund accounts;
3. To keep account opening information, transaction information and register of fund unit holders;
4. Within the scope permitted by laws and regulations, adjust the processing time of the registration and settlement business, and
Announce on the specified media before implementation according to relevant regulations;
5. Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
4、 Obligations of the fund registration and clearing institution
The fund registration and clearing institution shall undertake the following obligations:
1. Allocate enough professionals to handle the registration and settlement business of the Fund units;
2. The Fund units shall be registered and settled in strict accordance with the laws and regulations and the conditions specified in the Fund Contract
Accounting business;
3. Properly keep the registration data, and specify the name, identity information and fund units of fund unit holders
The detailed data shall be backed up to the institution recognized by the CSRC, and its storage period shall not start from the date of cancellation of the fund account
Less than 20 years;
4. Having the obligation to keep confidential the fund account information of the fund share holder
Investors or funds shall bear corresponding compensation liability for losses incurred, but judicial compulsory inspection and laws
Except for other circumstances stipulated by laws and regulations, the CSRC and the Fund Contract;
5. Handle non trading transfer business for investors and provide
Other necessary services;
6. Accept the supervision of the fund manager;
7. Other obligations stipulated by laws and regulations, the CSRC and the Fund Contract.
Part XIV Investment of the Fund
1、 Investment objectives
Closely track the exponential performance of the target, and pursue the minimization of tracking deviation and tracking error. The Fund strives to
The absolute value of daily average tracking deviation is controlled within 0.2%, and the annual tracking error is controlled within 2%.
2、 Investment scope
The Fund mainly invests in the constituent stocks of the underlying index and its alternative constituent stocks (including depositary receipts). For more
To achieve the investment objectives, the Fund can also invest in non constituent stocks (including the Main Board, SME Board, GEM
Other stocks, depositary receipts, bonds (including treasury bonds, central bank bills
Local government bonds, financial bonds, corporate bonds, corporate bonds, subordinated bonds, convertible bonds, exchangeable bonds
Off trade convertible bonds, medium-term notes, short-term financing bonds, ultra short-term financing bonds, government supported institutional bonds, government
Support bonds and other bonds allowed to be invested by the CSRC), money market instruments, stock index futures
Debt futures, stock options, bank deposits (including agreement deposits, call deposits, time deposits and other banks
Bank deposits), inter-bank deposit receipts, asset-backed securities, bond repurchase, cash, laws and regulations or China Securities Regulatory Commission
Other financial instruments permitted by the CSRC to be invested by the Fund (subject to the relevant provisions of the CSRC).
The Fund will participate in the financing and refinancing securities lending business in accordance with laws and regulations.
The proportion of the Fund's investment portfolio: the proportion of investment in the underlying index component stocks and alternative component stocks shall not be low
90% of the net asset value of the fund, and no less than 80% of the non cash fund assets, due to the provisions of laws and regulations
Except for limited circumstances. The Fund deducts stock index futures, treasury bond futures and stock futures at the end of each trading day
After the trading margin required to be paid for the rights contract, it shall keep the cash no less than one time of the trading margin, of which,
Cash does not include provisions for settlement, deposits and subscription receivables.
If laws and regulations or regulatory authorities allow the fund to invest in other varieties or change the investment proportion limit in the future, this
After performing appropriate procedures, the Fund Manager may adjust the investment scope and investment proportion accordingly.
3、 Investment strategy
1. Stock (including depositary receipts) investment strategy
The Fund mainly adopts the complete replication method, that is, the investment is constructed according to the composition and weight of the constituent stocks of the underlying index
And make corresponding adjustments according to the changes of the underlying index constituent stocks and their weights. When expected index component
In case of adjustment of shares and allotment, additional issuance and dividend distribution of constituent shares, or due to subscription and redemption of funds
When the effect of tracking the underlying index of the Fund may be affected, or due to some special circumstances, the liquidity is not
When sufficient, or when the underlying index cannot be effectively copied and tracked for other reasons, the fund manager can invest
Portfolio management makes appropriate adaptations and adjustments so that the portfolio closely tracks the underlying index.
Special circumstances include but are not limited to the following circumstances: (1) restrictions of laws and regulations; (2) Target index composition
Stock liquidity is seriously insufficient; (3) The component stocks of the underlying index are suspended for a long time; (4) Other reasonable reasons
The Fund Manager's tracking of the underlying index constitutes a serious constraint.
The component stocks of the index are faced with delisting or default risk due to obvious negative events, and the index compiling agency has not yet done so
In case of any adjustment, the Fund Manager will consider the constituent shares comprehensively in accordance with the principle of giving priority to the interests of fund share holders
The delisting risk, its weight in the index and its impact on tracking error, based on which, alternative strategies for component stocks are formulated
And adjust the investment portfolio accordingly.
On the basis of comprehensive consideration of expected returns, risks, liquidity and other factors, the Fund follows the principle of prudence
Reasonably participate in the investment of depositary receipts to better track the underlying index and pursue tracking deviation and tracking error
Minimize.
2. Bond (including convertible bonds and exchangeable bonds) investment strategy
For the purpose of reducing tracking error and liquidity management, the Fund will comprehensively consider liquidity and profitability,
Properly participate in bond investment.
The Fund invests in exchangeable bonds and convertible bonds (including convertible bonds with separate transactions), and will choose the positive stock basis
Invest in convertible bonds and exchangeable bonds with good quality and high rising potential, and conduct comprehensive research
The pure debt value and equity conversion value of such bonds with rights, taking into account the nominal interest rate, duration
Factors such as credit qualification, financial status of issuers and corporate governance; In terms of the value of equity conversion, we carefully carried out the equity swap
Value analysis, including valuation level, profitability and future profit expectations. In addition, it is also necessary to combine the right clauses
And comprehensively judge the value of embedded options.
3. Financial derivatives investment strategy
In order to effectively manage the investment portfolio, the Fund may invest in various financial derivatives permitted by the CSRC
Products, such as stock index futures and other derivatives related to the underlying index or its constituent stocks. Fund investment
The goal of investing in derivatives is to make the fund's portfolio more closely track the underlying index, so as to better
To achieve the investment objectives of the Fund.
(1) Investment strategy of stock index futures
The Fund's investment in stock index futures will be based on the principle of risk management and hedge the system for the purpose of hedging
The stock index with good liquidity and active trading is mainly used for liquidity risk and liquidity risk under some special circumstances
Futures contracts are hedged through strategies such as long or short hedging. The Fund strives to utilize
The leverage of stock index futures can reduce the transaction cost and tracking error of frequent stock position adjustment to achieve effective
The purpose of tracking the target index.
(2) Stock Option Investment Strategy
The Fund will participate in stock option trading for the main purpose of hedging in accordance with the principle of risk management.
The Fund will combine the investment objectives, proportion restrictions, risk return characteristics and relevant restrictions and requirements of laws and regulations
To determine the investment opportunity and investment proportion of participating in stock option trading.
(3) Investment strategy of treasury bond futures
The Fund's investment in treasury bond futures shall comply with the investment strategy and investment objectives specified in the Fund Contract. book
For the purpose of hedging, according to the principle of risk management, under the premise of controllable risk, the fund invests in the country
The debt futures contract can effectively manage the systematic risk of the portfolio and actively improve the risk return characteristics of the portfolio.
4. Asset backed securities investment strategy
When participating in asset-backed securities investment, the Fund will
Research on factors such as the structure and the boom of the industry where the asset pool assets are located, and predict the future cash flow of the asset pool
And predict the change of prepayment rate against the duration and receipt of the underlying securities by studying the terms of issue of the underlying securities
The impact of profitability. At the same time, the fund manager will pay close attention to the impact of liquidity on the yield of the underlying securities
Using active strategies such as duration management, yield curve, individual bond selection and grasping market trading opportunities
Under the condition of strict risk control, combining credit research and liquidity management, select those with high risk adjusted returns
Invest in varieties in order to obtain long-term stable income.
5. Financing and refinancing securities lending business investment strategy
When participating in the financing and refinancing securities lending business, the Fund will, in accordance with the principle of risk management
Within the scope and proportion allowed by laws and regulations, and under the premise of controllable risks, participate in financing and refinancing based on the principle of prudence
Through securities lending business. When participating in financing business, the Fund will strive to use the leverage of financing to reduce the risk of
The purchase causes tracking error caused by low fund position, so as to effectively track the underlying index. Participate in transferring
When financing securities lending business, the Fund will analyze the market situation, investor type and structure, and fund history
Reasonably determine the scope and duration of securities lending on the basis of factors such as redemption application and liquidity of securities lending
And the proportion, and strive to increase the investment income for the fund share holders.
4、 Investment restrictions
1. Combination restrictions
The Fund's portfolio should be subject to the following restrictions:
(1) The proportion of the Fund's investment in the underlying index constituent stocks and alternative constituent stocks shall not be less than the net assets of the Fund
90% of the value, and not less than 80% of the non cash fund assets;
(2) The proportion of the Fund's investment in various types of asset-backed securities of the same original equity holder shall not exceed
10% of the net asset value of the Fund;
(3) The market value of all asset-backed securities held by the Fund shall not exceed 20% of the net asset value of the Fund;
(4) The proportion of the same (referring to the same credit rating) asset-backed securities held by the Fund shall not exceed
Over 10% of the size of the asset-backed securities;
(5) All funds managed by the Fund Manager invest in various asset supports of the same original equity holder
Securities shall not exceed 10% of the total size of its various asset-backed securities;
(6) The Fund shall invest in asset-backed securities with a credit rating of BBB or above (including BBB).
During the period when the Fund holds asset-backed securities, if its credit rating declines and it no longer meets the investment standards, it shall be re evaluated
All of them will be sold within 3 months from the date of release of the level report;
(7) The Fund's assets participate in the issuance and subscription of shares, and the amount declared by the Fund does not exceed the total amount of the Fund
Assets, the number of shares declared by the Fund shall not exceed the total number of shares issued by the company to be issued this time;
(8) The fund balance of the Fund entering the national inter-bank market for bond repurchase shall not exceed
40% of the net asset value of gold, and the maximum term of bond repo in the national inter-bank market is one year,
No extension is allowed after the maturity of bond repurchase;
(9) The Fund participates in stock index futures trading and constructs portfolios according to the following standards:
1) At the end of any trading day, the value of stock index futures contracts purchased held by the Fund shall not exceed
10% of net asset value;
2) The value of treasury bond futures and stock index futures contracts held by the Fund at the end of any trading day
The sum of the market value of securities shall not exceed 100% of the net asset value of the fund, of which securities refer to stocks and bonds
Securities (excluding government bonds with maturity of less than one year), asset-backed securities, redemptory financial assets for sale (not
Including pledge repurchase), etc;
3) At the end of any trading day, the value of the sold stock index futures contracts held by the Fund shall not exceed that of the Base
20% of the total market value of shares held by Jin;
4) The market value of stocks held by the Fund and the value of stock index futures contracts purchased and sold, total (netting
Calculation) shall comply with the relevant provisions of the fund contract on the proportion of stock investment;
5) The transaction amount of stock index futures contracts traded by the Fund on any trading day (excluding closing positions)
Shall not exceed 20% of the net asset value of the Fund on the previous trading day;
(10) The Fund's participation in treasury bond futures trading shall comply with the following investment restrictions:
1) At the end of any trading day, the value of treasury bond futures contracts held by the Fund shall not exceed
15% of net asset value;
2) At the end of any trading day, the value of futures contracts for selling treasury bonds held by the Fund shall not exceed that of the Fund
30% of the total market value of bonds held;
3) Transaction amount of treasury bond futures contracts traded by the Fund on any trading day (excluding closing positions)
Shall not exceed 30% of the net asset value of the Fund on the previous trading day;
4) Market value and purchase
The total value of the sold treasury bond futures contract (calculated by netting) should conform to the proportion of bond investment in the fund contract
Relevant agreements of;
(11) At the end of each trading day, deduct the amount of stock index futures, treasury bond futures and stock option contracts that need to be paid
After the trading margin, it shall keep the cash no less than one time of the trading margin;
(12) The total value of the Fund's assets shall not exceed 140% of the Fund's net asset value;
(13) If the Fund participates in financing, at the end of each trading day, the shares purchased for financing held by the Fund and
The sum of the market values of other securities shall not exceed 95% of the net asset value of the fund;
(14) The Fund's participation in refinancing securities lending business shall meet the following requirements:
1) Lending securities assets shall not exceed 30% of the net asset value of the fund, and the lending period shall be 10 trading days
Lending securities listed on shall be classified as restricted liquidity assets;
2) The single securities participating in refinancing securities lending business shall not exceed the total amount of such securities held by the fund
30%；
3) The average daily net asset value of the fund in the latest six months shall not be less than 200 million yuan;
4) The average residual maturity of securities lending shall not exceed 30 days, and the average residual maturity shall be weighted by the market value
Average calculation;
(15) The total market value of the Fund's active investment in liquidity restricted assets shall not exceed the net assets of the Fund
15% of the value; Due to fluctuations in the securities market, stock suspension of listed companies, changes in fund size and other fund managers
If the fund does not meet the limit of this proportion due to other factors, the fund manager shall not actively increase the liquidity restricted capital
Investment in assets;
(16) The Fund, private securities asset management products and other entities recognized by the CSRC are trading pairs
For reverse repurchase transactions, the qualification requirements for acceptable collateral should be consistent with the investment scope agreed in the fund contract
bring into correspondence with;
(17) The total amount of premium paid and received by the Fund due to the outstanding stock option contract shall not exceed the Fund
10% of net asset value; Those who open positions to sell subscription stock options shall hold sufficient underlying securities; opening sale
For put options, the full amount of cash required for contract exercise or the offset period recognized by the rules of the Exchange shall be held
Cash equivalents of rights margin; The par value of the outstanding stock option contract shall not exceed the net asset value of the fund
20%。 The par value of the contract is calculated by multiplying the exercise price by the contract multiplier;
(18) The proportion limit of the Fund's investment in depositary receipts shall be subject to the domestic listed stocks;
(19) Other investment restrictions stipulated by laws and regulations, the CSRC and the Fund Contract.
In addition to the above (6), (14), (15) and (16) cases, due to the fluctuation of the securities market, the futures market
Market fluctuation, consolidation of securities issuers, change in fund size, adjustment of underlying index components, and underlying index components
The investment proportion of the fund does not meet the above requirements due to factors other than the fund manager, such as liquidity restrictions
The fund manager shall adjust the proportion within 10 trading days, but the special
Except in this case. Where laws and regulations provide otherwise, such provisions shall prevail.
Due to fluctuations in securities and futures markets, mergers of securities issuers, changes in fund size and other fund managers
The Fund Manager shall not add refinancing securities if the investment of the Fund does not meet the requirements of Item (14)
Lending business.
The Fund Manager shall, within six months as of the effective date of the Fund Contract, make the proportion of the Fund's investment portfolio conform to
Relevant provisions of the mutual fund contract. During the above period, the investment scope and investment strategy of the Fund shall comply with
Agreement of the Fund Contract. The Fund Custodian's supervision and inspection of the Fund's investment shall commence on the effective date of this Fund Agreement
Start.
Laws and regulations or regulatory authorities cancel the above restrictions or changes. If applicable to the Fund, the Fund Manager shall
After performing the appropriate procedures, the Fund's investment will no longer be subject to the relevant restrictions or the changed provisions.
2. Prohibited acts
In order to safeguard the legitimate rights and interests of fund share holders, fund assets may not be used for the following investments or activities:
(1) Underwriting securities;
(2) Lending or providing guarantee to others in violation of regulations;
(3) Investment with unlimited liability;
(4) Buying and selling other fund units, except as otherwise stipulated by the CSRC;
(5) Make capital contributions to its fund manager and fund custodian;
(6) Engaging in insider trading, manipulating securities trading prices and other improper securities trading activities;
(7) Other activities prohibited by laws, administrative regulations and the CSRC.
The Fund Manager uses the Fund property to buy and sell the Fund Manager, the Fund Custodian and their controlling shareholders
Securities issued by the controller or a company with a significant stake in it or securities underwritten during the underwriting period, or
Those engaged in other major related party transactions shall comply with the investment objectives and investment strategies of the Fund, and follow the
The principle of giving priority to the interests of quota holders, preventing conflicts of interest, establishing and improving the internal approval mechanism and evaluation mechanism,
Implement according to fair and reasonable market price. Relevant transactions must be approved by the Fund Custodian in advance, and
The laws and regulations are disclosed. Major related party transactions shall be submitted to the Board of Directors of the Fund Manager for review, and two thirds of them shall pass
More than two thirds (including two thirds) of the independent directors passed. The Board of Directors of the Fund Manager shall pay at least half a year
Easy to review.
If the laws, administrative regulations or relevant provisions of the CSRC are modified or changed in the future
The aforesaid investment prohibitions and portfolio proportion restrictions have been modified or cancelled, and the Fund Manager
After performing the corresponding procedures, the Fund may adjust the prohibitions and investment restrictions accordingly.
5、 Target index and performance benchmark
The underlying index of the Fund is the subject index of the food and beverage industry of CSI and its possible future
Change, the benchmark of performance comparison is the target index yield, that is, the subject index yield of the food and beverage industry of China Securities
Rate.
The subject index of the food and beverage industry of China Securities Market is selected from the food manufacturing and other sub industries of Shanghai and Shenzhen Stock Exchanges
The sample shares are composed of companies with larger model and better liquidity to reflect the subdivided food industry companies in Shanghai and Shenzhen Stock Exchanges
The overall trend of the stock.
In the future, if the underlying index does not meet the requirements (due to changes in index preparation methods such as component stock price fluctuations)
Unless otherwise specified by laws, regulations and regulators
In the event of the withdrawal of a financial institution, the Fund Manager shall, within ten working days from the date of such withdrawal, report to China
The CSRC reports and proposes solutions, such as changing the underlying index of the fund, changing the operation mode, and cooperating with other funds
Merge, or terminate the fund contract, etc., and call a general meeting of fund share holders to vote within 6 months.
From the time when the index compiling agency stopped compiling and publishing the underlying index to the time when the solution was determined, the fund management
According to the index information of the latest trading day provided by the index compilation agency
The principle of interest priority is to maintain the investment operation of the Fund.
6、 Risk return characteristics
The Fund is an equity fund, and its expected return and expected risk level are higher than those of hybrid funds and bonds
T-funds and money market funds.
The Fund is a passive investment stock index fund, tracking the theme of food and beverage industry of CSI
Its risk return characteristics are similar to those of the market portfolio represented by the underlying index.
7、 Principles and methods for the Fund Manager to exercise the rights of shareholders or creditors on behalf of the Fund
1. The Fund Manager shall independently exercise the rights of shareholders or creditors on behalf of the Fund in accordance with the relevant provisions of the State, and ensure that
Protect the interests of fund share holders;
2. Do not seek to control the listed company;
3. It is conducive to the safety and appreciation of fund assets;
4. Not for itself, employees, authorized agents or any interested third party through connected transactions
People seek any improper benefits.
Part XV Assets of the Fund
1、 Total Fund Assets
The total value of fund assets refers to all kinds of securities owned by the fund, principal and interest of bank deposits, and fund receivables
And other assets.
2、 Net Asset Value of the Fund
The net asset value of the Fund refers to the value of the total assets of the Fund minus the liabilities of the Fund.
3、 Account of fund property
The Fund Custodian shall open capital accounts and securities accounts for the Fund in accordance with relevant laws, regulations and normative documents
And other special accounts required for investment. Special fund account opened, fund manager and fund custody
The property accounts owned by the person, fund sales institution and fund registration and clearing institution and other fund property accounts are similar
independent.
4、 Custody and disposal of fund assets
The assets of the Fund are independent of the assets of the Fund Manager, the Fund Custodian and the Fund Sales Agency, and
Custody by the gold custodian. The fund manager, the fund custodian, the fund registration and clearing institution and the fund sales institution shall
Its own property shall bear its own legal liability, and its creditors shall not apply for freezing
Seizure or other rights. Unless otherwise disposed of in accordance with laws and regulations and the Fund Contract, the Fund assets shall not be
punishment.
The Fund Manager and the Fund Custodian were dissolved, dissolved or declared bankrupt according to law
In case of liquidation, the fund assets shall not belong to its liquidation assets. Assets of fund manager management and operation fund assets
The generated creditor's rights may not offset the debts generated by its inherent assets; Different bases for fund manager management and operation
The creditor's rights and liabilities arising from the fund assets of the fund shall not offset each other. Liabilities not due to the fund property itself,
It shall not enforce the fund assets.
Part XVI Valuation of Fund Assets
1、 Valuation date
The valuation date of the Fund is the trading date of the relevant securities and futures trading places of the Fund and national laws
The non trading day on which the laws and regulations require the disclosure of the net value of the fund.
2、 Valuation object
Stocks, bonds, asset-backed securities, derivatives, principal and interest of bank deposits, receivables owned by the Fund
Assets and liabilities such as funds and other investments.
3、 Valuation principles
When determining the fair value of relevant financial assets and financial liabilities, the Fund Manager shall comply with
Accounting Standards and relevant regulations of regulatory authorities.
（1） For investment varieties with an active market and the same quoted price of assets or liabilities
If there is a quotation on a daily basis, the quotation shall be applied to the fund without adjustment, except for the exceptions specified in the accounting standards
Fair value measurement of assets or liabilities. There is no quotation on the valuation date and there is no impact on fair value measurement after the latest trading day
In case of major events, the quoted price on the latest trading day shall be used to determine the fair value. There is sufficient evidence to indicate the valuation
If the quoted price on the latest trading day cannot truly reflect the fair value, the quoted price shall be adjusted to determine the fair value
Value.
The fair value of the same assets or liabilities shall be used if they are the same as the above investment varieties but have different characteristics
And consider the influence of different characteristic factors in the valuation technology. Feature refers to the sale or use of assets
If the limit is for the asset holder, the limit should not be made in the valuation technology
Consider the characteristics. In addition, the fund manager should not consider the risk of
Premium or discount.
（2） For investment varieties that do not have an active market, they should be suitable for the current situation and have enough
The fair value can be determined by using valuation techniques supported by data and other information. Use valuation techniques to determine fair price
The observable input value should be used preferentially, only when the observable input value of relevant assets or liabilities cannot be obtained
The unobservable input value can be used only when it is impracticable.
（3） In case of major changes in the economic environment or major events affecting the securities price of the securities issuer,
If the impact of the potential valuation adjustment on the net asset value of the fund on the previous valuation date is more than 0.25%, the valuation should be
Adjust and determine the fair value.
4、 Valuation method
1. Valuation of securities listed on stock exchanges
(1) Unless otherwise agreed in this part, the securities (including stocks, etc.) listed on the Exchange,
The valuation shall be based on the market price (closing price) listed on the stock exchange on the valuation date; There is no transaction on the valuation date, and the most recent
There is no significant change in the economic environment after the trading day or the securities issuer has no significant impact on the securities price
In case of an event, the market price (closing price) of the most recent trading day shall be used for valuation; For example, the economic environment occurred after the recent trading day
In case of major changes or major events affecting the securities price of the securities issuer, reference can be made to similar investment varieties
To adjust the market price of the latest transaction and determine the fair price;
(2) Fixed income varieties listed or transferred by the Exchange (unless otherwise specified in this contract),
Select the net valuation price corresponding to the corresponding varieties provided by the third-party valuation agency on the valuation date
The Fund Manager and the Custodian shall negotiate and agree otherwise;
(3) Convertible bonds listed and traded on the Exchange shall be calculated by subtracting the closing price of bonds from the closing price on the valuation date
The net price obtained from the bond interest receivable of; There is no transaction on the valuation date, and the economy after the most recent transaction date
If there is no significant change in the environment, the closing price of bonds on the latest trading day minus the bonds included in the closing price of bonds shall
The net price obtained from interest collection is valued. If the economic environment has changed significantly since the recent trading day, please refer to
Consider the current market price and major change factors of similar investment varieties, adjust the recent transaction market price, and determine the fair price;
The bonds (except convertible bonds) listed on the Exchange and subject to full price trading shall be provided by a third-party valuation agency
The net price obtained by subtracting the bond (after tax) interest receivable included in the full valuation price from the full valuation price.
(4) The fair value of the securities listed on the Exchange without an active market shall be determined by valuation techniques.
The fair value of asset-backed securities listed on the exchange is determined by valuation technology, which is difficult to be reliable
In case of measurement of fair value, it shall be valued at cost.
2. The securities in the unlisted period shall be handled according to the following circumstances:
(1) The new shares issued for stock dividend, conversion, allotment and public issuance shall be listed on the stock exchange on the valuation date
The valuation method of the same stock; If there is no transaction on that day, the market price (closing price) of the latest day shall be used for valuation;
(2) For the initial public offering of unlisted stocks and bonds, the fair value shall be determined using valuation techniques
If it is difficult to reliably measure the fair value by valuation technology, the valuation shall be carried out at cost;
(3) For unlisted or unlisted bonds issued in the exchange market
Under such circumstances, the unadjusted quotation in the active market shall be taken as the fair value on the measurement date for valuation; about
If the active market quotation fails to represent the fair value on the measurement date, the market quotation shall be adjusted and confirmed
Fair value on the measurement date; Valuation is used when there is no or very little market activity
Technical determination of fair value;
(4) Shares with a certain period of restricted sale period (including but not limited to non-public shares
During the initial public offering of shares, the company's shareholders offered shares to the public, and obtained shares with limited sales period through block trading
Notes, excluding tradable restricted stocks such as suspended trading, newly issued unlisted, pledged bonds in repurchase transactions, etc
The fair value is determined according to the relevant regulations of the governing body or industry association.
3. The fixed income varieties without rights in the national inter-bank market are provided by third-party valuation agencies
The estimated net price of the corresponding variety on the current day. For the types of fixed income with rights in the inter-bank market
The only or recommended net valuation price of the corresponding variety provided by the third-party valuation agency on the current day. For with
The fixed income variety of the investor's right to sell back, and the right to sell back is not exercised after the deadline (including the date) of the registration period
The valuation is based on the price corresponding to the long outstanding period. Unlisted in the inter-bank market and third-party valuation agencies
For bonds without valuation price, there is no significant difference between the issuance interest rate and the secondary market interest rate
If there is no significant change in the inter market interest rate, it shall be valued at cost.
4. The fund invests in inter-bank deposit receipts, which are valued at the net valuation price provided by a third-party valuation agency on the valuation date; choose
If the third party valuation agency fails to provide the valuation price, the valuation shall be based on the cost.
5. The Fund's investment in futures contracts is generally valued at the settlement price on the valuation day, and there is no settlement on the valuation day
If the price is calculated and there is no significant change in the economic environment after the latest trading day, the settlement price on the latest trading day shall be used for evaluation
Value.
6. If the same bond is traded in two or more markets at the same time, it shall be evaluated separately according to the market where the bond is located
Value.
7. If the fund participates in the financing and refinancing securities lending business, it shall refer to the relevant laws and regulations and the industry association
The Company will carry out valuation according to relevant regulations to ensure the fairness of valuation.
8. The Fund's investment in stock options is valued in accordance with relevant laws and regulations and the provisions of the regulatory authorities.
9. Taxes
All taxes payable in accordance with Chinese laws and regulations and the laws and regulations of the place where the fund is invested
The Fund will be valued on the accrual basis; For tax regulations adjustment or other reasons
If there is a difference between the actual tax paid by the fund and the estimated tax payable, the fund will
Corresponding valuation adjustment shall be made on the payment date.
10. The valuation of the Fund's investment depositary receipts shall be calculated in accordance with the stocks listed and traded in China.
11. If there is conclusive evidence that the above method of valuation cannot objectively reflect its fair value
The Fund Manager may, after consultation with the Fund Custodian according to the specific circumstances, value at the price that best reflects the fair value.
12. If there are mandatory provisions in relevant laws and regulations and regulatory authorities, such provisions shall prevail. If there are new items,
Valuation according to the latest national regulations.
If the fund manager or the fund custodian finds that the fund valuation violates the valuation method and procedure specified in the fund contract
In case of the provisions of relevant laws and regulations or failure to fully protect the interests of fund share holders, it shall immediately notify
The other party shall jointly find out the cause, and the two parties shall solve it through consultation.
According to relevant laws and regulations, the obligations of the Fund Manager to calculate the net asset value of the Fund and to conduct financial accounting of the Fund are
Undertake. The fund manager is the fund accounting responsible party of the Fund
If no agreement can be reached after full discussion on the basis of equality between relevant parties
The Fund Manager shall publish the calculation results of the net value of the Fund.
5、 Valuation procedures
1. The net value of fund units is divided by the net value of fund assets after the market is closed on each working day by the number of fund units on that day
The balance quantity of the amount is calculated to the nearest 0.0001 yuan and rounded to the fifth decimal place. Fund manager
An emergency adjustment mechanism for net worth accuracy in the case of large redemption can be established. If the state has other provisions, such provisions shall prevail.
The Fund Manager shall calculate the net value of the Fund assets and the net value of the Fund units on each working day and make an announcement in accordance with the provisions.
2. The Fund Manager shall evaluate the assets of the Fund every working day. However, according to laws and regulations, the Fund Manager
Or the suspension of valuation under the Fund Agreement. After the fund manager evaluates the fund assets every working day,
Send the net value result of fund units to the Fund Custodian, and the Fund Manager will
It shall be publicized in accordance with regulations.
6、 Handling of valuation errors
The Fund Manager and the Fund Custodian will take necessary, appropriate and reasonable measures to ensure the valuation of the Fund assets
Accuracy and timeliness. When a valuation error occurs within 4 decimal places (including the 4th decimal place) of the net value of fund units
It shall be deemed that the net value of fund units is wrong. The parties to this Fund Contract shall deal with it in accordance with the following provisions:
1. Type of valuation error
During the operation of the Fund, if the Fund Manager, the Fund Custodian, the registration and clearing institution
Or the error in valuation caused by the fault of the sales agency or the investor itself, causing losses to other parties,
The person responsible for the fault shall press
It states the "principle of handling valuation errors" to make compensation and bear the liability for compensation.
The main types of the above valuation errors include but are not limited to: data declaration errors, data transmission errors
According to the calculation error, system failure error, instruction error, etc.
2. Principles for handling valuation errors
(1) When the valuation error has occurred, but has not caused losses to the parties, the party responsible for the valuation error shall
Coordinate all parties to correct the valuation errors in a timely manner, and the costs arising from the correction of valuation errors shall be borne by the party responsible for the valuation errors;
If the party responsible for the valuation error fails to correct the valuation error that has occurred in time, causing losses to the party concerned
The party responsible for the value error shall be liable for compensation for the direct loss; If the responsible party for the valuation error has actively coordinated, and
If the party who has the obligation to assist has enough time to make corrections but fails to make corrections, it shall bear the corresponding liability for compensation
Ren. The party responsible for the valuation error shall confirm the correction to the relevant parties to ensure that the valuation error has been obtained
To correct.
(2) The party responsible for the valuation error shall be responsible for the direct losses of the parties concerned, not for the indirect losses,
And it is only responsible for the direct parties involved in the valuation error, not the third party.
(3) The party who has obtained the unjust enrichment due to the valuation error has the obligation to return the unjust enrichment in a timely manner.
However, the party responsible for the valuation error shall still be responsible for the valuation error. If the party who has obtained unjust enrichment does not return
Or the loss of interests of other parties caused by not returning all the unjust enrichment ("the injured party"), then the liability for valuation error
Party A shall compensate the loss of the injured party, and shall, within the scope of the amount of compensation paid
People have the right to demand the delivery of unjust enrichment; If the party who has obtained the unjust enrichment has wronged this part
If the profits are returned to the aggrieved party, the aggrieved party shall add the amount of compensation it has received to the amount of unjust gains it has received
The difference between the total return of interest and its actual loss shall be paid to the party responsible for the valuation error.
(4) The adjustment of valuation errors shall be made in the way of recovering to the correct situation assuming no valuation errors.
3. Valuation error handling procedure
After the valuation error is found, the relevant parties shall deal with it in a timely manner, and the handling procedures are as follows:
(1) Find out the causes of valuation errors, list all parties involved, and
Determine the responsible party for the valuation error;
(2) Losses caused by valuation errors according to the principle of handling valuation errors or the method negotiated by the parties
Conduct evaluation;
(3) According to the principle of handling valuation errors or the method negotiated by the parties concerned, the party responsible for valuation errors shall
Correction and compensation of losses;
(4) If it is necessary to modify the transaction data of the fund registration and clearing institution according to the method of handling valuation errors,
The fund registration and clearing institution shall make corrections and confirm the correction of valuation errors to the relevant parties.
4. The method for handling errors in the valuation of the net value of fund units is as follows:
(1) In case of any error in the calculation of the net value of fund units, the fund manager shall immediately correct it and notify
The Fund Custodian shall take reasonable measures to prevent further expansion of losses.
(2) When the error deviation reaches 0.25% of the net value of fund units, the fund manager shall notify the fund trust
And report to the CSRC for filing; When the error deviation reaches 0.5% of the net value of fund units, the fund manager
It shall be announced and reported to the CSRC for record.
(3) When the calculation error of the net value of fund units causes losses to the funds and fund unit holders
In case of compensation, the Fund Manager and the Fund Custodian shall define the responsibilities of both parties according to the actual situation, and upon confirmation
The compensation shall be made according to the following terms:
① The Fund Manager shall be responsible for the accounting of the Fund. Accounting issues related to the Fund,
If no agreement can be reached after full discussion on the basis of equality between the two parties, it shall be implemented according to the proposal of the fund manager
The Fund Manager shall be responsible for making compensation for the losses caused to the Fund Unitholders and the Fund property.
② If the net value of fund units calculated by the Fund Manager has been reviewed and confirmed by the Fund Custodian and announced
If losses are caused to fund share holders, compensation shall be paid to investors or funds in accordance with laws and regulations
The Fund Manager and the Fund Custodian shall, according to the amount of compensation actually paid to investors or the Fund
Each degree shall bear corresponding responsibilities.
③ For example, the calculation results of the fund manager and the fund custodian on the net value of fund units, although recalculated many times
If no agreement can be reached, in order to avoid the situation that the net value of fund units cannot be announced on time
The calculation results of the Fund Manager shall be published to the public, and the losses caused to the Fund Unitholders and the Fund shall be determined by
The fund manager is responsible for compensation.
④ Due to the information error provided by the fund manager (including but not limited to the fund purchase or redemption amount)
The loss of fund share holders and fund assets caused by the calculation error of the net value of fund units shall be determined by
The fund manager is responsible for compensation.
(4) If the above contents are otherwise stipulated by laws and regulations or the regulatory authority, they shall be handled in accordance with their provisions.
7、 Suspension of valuation
1. The securities and futures trading market involved in the fund investment is suspended on statutory holidays or for other reasons
Business hours;
2. The Fund Manager and the Fund Custodian are unable to accurately assess the value of the Fund assets due to force majeure;
3. There is no active market price for the assets with more than 50% of the net asset value of the fund on the current valuation date
If the adoption of valuation techniques still leads to significant uncertainty in fair value
The Fund Manager shall suspend the valuation of the Fund;
4. Other circumstances identified by laws and regulations, the CSRC and the fund contract.
8、 Recognition of net fund value
The fund manager is responsible for calculating the net asset value of the fund and the net value of the fund units used for the disclosure of fund information,
The Fund Custodian shall be responsible for the review. The Fund Manager shall calculate the basis of the day after the end of trading on each open day
The net value of gold assets and the net value of fund units shall be sent to the fund custodian. The Fund Custodian's reply to the net value calculation result
After confirmation, it will be sent to the fund manager, who will publish the net value of the fund.
9、 Handling of special cases
1. Errors caused by the Fund Manager or the Fund Custodian when conducting valuation according to Item 11 of the valuation method
The difference is not treated as an error in the valuation of fund assets.
2. Due to force majeure, or stock exchanges, futures exchanges, third-party valuation agencies, index companies
The data sent by the company, registration and settlement institution, deposit bank and other third-party institutions is incorrect, or the national accounting policy changes
Changes in market rules and other reasons not related to the Fund Manager and Fund Custodian, the Fund Manager and Fund Custodian
Although necessary, appropriate and reasonable measures have been taken for inspection, but no error has been found, resulting in
The Fund Manager and the Fund Custodian shall be exempted from liability for compensation for the valuation error of the Fund assets. But the fund manager
The Fund Custodian shall actively take necessary measures to eliminate or mitigate the impact caused thereby.
Part XVII Fund Fees and Taxes
1、 Types of fund fees
1. Management fees of the Fund Manager;
2. Custody fees of the Fund Custodian;
3. Information disclosure fees related to the Fund after the Fund Contract takes effect;
4. Accounting fees, attorney fees, legal fees or arbitration fees related to the Fund after the Fund Contract takes effect;
5. Expenses for the general meeting of fund share holders;
6. Securities, futures and options trading expenses of the Fund;
7. Bank transfer fees, account opening and maintenance fees of the Fund;
8. Listing fees and annual fees of the Fund, registration and settlement fees, IOPV calculation and release fees, and income distribution
Expenses incurred in;
9. Fund account opening fees and account maintenance fees;
10. Other items that may be disbursed from the fund assets in accordance with the relevant provisions of the State and the Fund Contract
cost.
2、 Fund expense accrual method, accrual standard and payment method
1. Management fee of fund manager
The management fee of the Fund is accrued at an annual fee rate of 0.50% of the net asset value of the Fund on the previous day. Calculation of management fee
The method is as follows:
H ＝ E × 0.50% ÷ days of the year
H is the daily accrued fund management fee
E is the net asset value of the fund on the previous day
The fund management fee is accrued daily, accumulated to the end of each month day by day, and paid monthly
After the Fund Custodian and the Fund Manager have verified that there is no error, the Fund Custodian shall negotiate with the Fund Manager in the following month
It shall be paid to the fund manager in a lump sum from the fund property within the first five working days. In case of legal holidays and public holidays
If it is false, the payment date shall be postponed. After the expenses are automatically deducted, the fund manager shall check, if it is found that the data is not
And timely contact the Fund Custodian for settlement.
2. Custody fees of the Fund Custodian
The custody fee of the Fund is accrued at an annual fee rate of 0.10% of the net asset value of the Fund on the previous day. Calculation of custody fee
The calculation method is as follows:
H ＝ E × 0.10% ÷ days of the year
H is the fund custody fee that should be accrued every day
E is the net asset value of the fund on the previous day
The fund custody fee is accrued daily and paid monthly, which is verified by both the fund manager and the fund custodian
After that, the Fund Custodian shall, in accordance with the way agreed with the Fund Manager, withdraw from the Fund within the first 5 working days of the following month
One time withdrawal from property. In case of legal holidays, rest days or force majeure, the payment date shall be postponed. fee
After automatic deduction, the Fund Manager shall check the data and contact the Fund Custodian in a timely manner in case of any discrepancy
Negotiate.
3. Other expenses other than management fees and custody fees in the above "I. Types of fund fees" are based on
According to relevant laws and regulations and corresponding agreements, the actual amount of expenses shall be included or amortized into the current expenses, which shall be managed by the fund
People pay from the fund assets.
3、 Items not included in fund expenses
The following expenses are not included in the fund expenses:
1. Expenses incurred by the Fund Manager and the Fund Custodian due to failure to perform or fail to fully perform their obligations or
Loss of fund property;
2. Expenses incurred by the Fund Manager and the Fund Custodian in handling matters unrelated to the operation of the Fund;
3. Relevant expenses before the Fund Contract comes into effect;
4. Subject Index Royalty. The licensing fee of the underlying index shall be borne by the fund manager and shall not be paid from
Disbursed from fund assets;
5. Other items that may not be included in the fund fees according to relevant laws and regulations and the relevant provisions of the CSRC
Objective.
4、 Fund tax
All taxpayers involved in the operation of the Fund shall pay taxes in accordance with national tax laws and regulations
that 's ok. The relevant taxes on the investment of fund assets shall be borne by the fund share holders and deducted by the fund manager or others
The payer shall withhold and remit the tax in accordance with the relevant provisions of the state on tax collection.
Part XVIII Income and Distribution of the Fund
1、 Principle of fund income distribution
The income distribution of the Fund shall follow the following principles:
1. The growth rate of the net value of fund units on the income evaluation date exceeds the growth rate of the underlying index in the same period by 1%
In case of the above, income distribution can be carried out;
2. The Fund aims to make the growth rate of net value of fund shares after income distribution as close as possible to the increase of underlying index in the same period
Long rate is the principle for income distribution. Based on the nature and characteristics of the Fund, the income distribution of the Fund does not need to be
On the premise of covering floating losses, the net value of ex dividend fund units may be lower than the face value after income distribution;
3. The income of the Fund is distributed in the form of cash dividends;
4. The Fund Contract does not need to be distributed within three months after it comes into effect;
5. Each fund unit has the same right of distribution;
6. If laws and regulations or regulatory authorities have other provisions, such provisions shall prevail.
Without violating the laws and regulations and the fund contract, and without materially affecting the interests of fund share holders
Under adverse influence, the fund manager and the registration and clearing institution may adjust the principle of fund income distribution, and
Timely announcement, without convening the general meeting of fund unit holders.
2、 Income distribution scheme
The fund income distribution plan shall specify the base date of income distribution, the object of fund income distribution, and the time of distribution
The amount and proportion of distribution, payment method, etc.
3、 Determination, announcement and implementation of income distribution plan
The income distribution plan of the Fund shall be formulated by the Fund Manager and reviewed by the Fund Custodian within 2 days
Announce in the specified media.
If laws and regulations or regulatory authorities have other provisions, such provisions shall prevail.
4、 Expenses incurred in fund income distribution
The bank transfer or other handling fees incurred in the distribution of fund income shall be borne by the investors themselves.
Part XIX Accounting and Audit of the Fund
1、 Fund accounting policy
1. The Fund Manager is the fund accounting responsible party of the Fund;
2. The accounting year of the Fund is from January 1 to December 31 of the Gregorian calendar year; Fund raised for the first time
The accounting year shall follow the following principles: if the Fund Contract takes effect less than 2 months, it can be incorporated into the next accounting year
Annual disclosure;
3. The bookkeeping base currency for fund accounting is RMB yuan, and the bookkeeping unit is RMB yuan;
4. The accounting system shall implement the relevant national accounting system;
5. The Fund establishes accounts and accounts independently;
6. The Fund Manager and the Fund Custodian shall respectively keep complete accounting accounts and vouchers and conduct daily
Accounting and preparation of fund accounting statements in accordance with relevant regulations;
7. The Fund Custodian shall check with the Fund Manager on the accounting and statement preparation of the Fund every month
And confirmed in writing.
2、 Annual audit of the Fund
1. The Fund Manager's engagement of mutual independence with the Fund Manager and the Fund Custodian is consistent with the requirements of the People's Republic of China
The annual financial statements of the Fund prepared by the accounting firm and its certified public accountants as prescribed by the Securities Law of the Republic of China
Bank audit.
2. An accounting firm shall obtain the prior consent of the fund manager to change its certified public accountant.
3. The Fund Manager shall notify the Fund Custodian if it believes that there is sufficient reason to change the accounting firm. more
The change of accounting firm shall be announced in the specified media in accordance with the relevant provisions of the Information Disclosure Measures.
Part XX Fund Information Disclosure
1、 The information disclosure of the Fund shall comply with the Fund Law, the Operation Measures and the Liquidity Risk Management Regulations
Decision, Information Disclosure Measures, Fund Contract and other relevant provisions. Fund units are traded in Shanghai securities
For listed transactions, the fund information disclosure obligor shall disclose the fund in accordance with the self regulatory management rules of the stock exchange
Information. Relevant laws and regulations on the disclosure method, disclosure content, publication media and reporting method of information disclosure
In case of any change in such provisions, the Fund shall comply with its latest provisions.
2、 Information disclosure obligor
The information disclosure obligors of the Fund include the Fund Manager, the Fund Custodian and the convening fund unit holders
Fund Unitholders and other laws and regulations of the General Meeting and natural persons, legal persons and groups of non legal persons as stipulated by the CSRC
Woven.
The information disclosure obligor of the Fund takes the protection of the interests of fund share holders as the fundamental starting point, and in accordance with the law
Disclose fund information in accordance with regulations and the provisions of the CSRC, and ensure the authenticity, accuracy
Completeness, timeliness, simplicity and accessibility.
The information disclosure obligor of the Fund shall, within the time specified by the CSRC, submit the fund letter that should be disclosed
National newspapers and periodicals (hereinafter referred to as "regulated newspapers and periodicals") that meet the requirements of the CSRC and
Internet websites (hereinafter referred to as "regulated websites") and other media as specified in the Measures for Information Disclosure, and guarantee that
Fund investors can consult or copy publicly disclosed information at the time and in the manner agreed in the fund contract
Information.
3、 The Fund information disclosed by the Fund Information Disclosure Obligor shall not commit the following acts:
1. False records, misleading statements or major omissions;
2. To predict the performance of securities investment;
3. Committing gains or bearing losses in violation of regulations;
4. Slander other fund managers, fund custodians or fund sales agencies;
5. Publish congratulatory, complimentary or recommendatory words of any natural person, legal person or unincorporated organization;
6. Other acts prohibited by the CSRC.
4、 The information publicly disclosed by the Fund shall be in Chinese. If a foreign language text is used at the same time, the fund
The obligor of information disclosure shall ensure that the contents of different texts are consistent. In case of ambiguity between different texts
The text shall prevail.
The information publicly disclosed by the Fund shall be in Arabic numerals; Unless otherwise specified, the currency unit is RMB
Yuan.
5、 Publicly disclosed fund information
The publicly disclosed fund information includes:
（1） Fund Prospectus, Fund Contract, Fund Custody Agreement, Fund Product Information Summary
1. The Fund Contract defines the rights and obligations of the parties to the Fund Contract and clarifies the basis
The rules and specific procedures for holding the general meeting of gold share holders, specifying the characteristics of the fund products and other matters related to fund investment
Legal documents on matters of vital interest.
2. The prospectus of the fund shall disclose to the maximum extent all matters affecting the decisions of the fund investors,
Explain fund subscription, purchase and redemption arrangements, fund investment, fund product characteristics, risk disclosure and information disclosure
Disclose the services of fund share holders. Information of the Fund Prospectus after the Fund Contract takes effect
In case of major changes, the Fund Manager shall update the Fund Prospectus and publish it within three working days
On the specified website; If other information in the prospectus changes, the fund manager shall update it at least annually
once. If the Fund terminates its operation, the Fund Manager will no longer update the Prospectus of the Fund.
3. The Fund Custody Agreement defines the fund custodian and the fund manager in the custody of the fund property and the operation of the fund
Legal documents on rights and obligations in supervision and other activities.
4. The fund product information summary is a summary document of the fund prospectus, which is used to provide investors with a brief summary
General information of the fund. After the Fund Contract comes into force, the information in the fund product information summary has changed significantly
Furthermore, the fund manager shall update the summary of fund product information within three working days and publish it in the regulations
Website and fund sales agency website or business outlet; In case of any change in other information of the fund product profile,
The Fund Manager shall be updated at least once a year. If the operation of the fund is terminated, the fund manager will no longer update the fund products
Data summary.
After the application for fund raising is registered with the CSRC, the fund manager shall,
Publish the offering announcement of fund units, the indicative announcement of the prospectus and the indicative announcement of the Fund Contract
It shall be published in the required newspapers and periodicals, and the fund unit sale announcement, fund prospectus, fund product information summary
The Fund Contract and the Fund Custody Agreement are published on the specified website, and the summary of fund product information is published on
Website or business outlet of fund sales agency; The Fund Custodian shall simultaneously place the Fund Contract and the Fund in custody
The agreement is published on the specified website.
（2） Fund Unit Offering Announcement
The Fund Manager shall prepare an announcement on the sale of fund units on the specific matters concerning the sale of fund units, and
The prospectus was published on the specified media on the day of disclosure.
（3） Announcement on the Effectiveness of the Fund Contract
The Fund Manager shall, on the next day after receiving the confirmation document from the CSRC
It is required to publish the effective announcement of the Fund Contract on the specified media.
（4） Net fund value information
After the Fund Contract comes into force, before the subscription or redemption of fund units begins and is not listed for trading,
The fund manager shall disclose the net value of fund units and the accumulated net value of fund units at least once a week on the prescribed website
Value.
After starting to handle the subscription, redemption or listing of fund units, the fund manager shall
On the next day of the opening day/trading day, disclose through the specified website, fund sales agency website or business outlets
Net value of fund units and accumulated net value of fund units on the opening day/trading day.
The Fund Manager shall disclose the information on the prescribed website no later than the next day after the last day of the half year and the year
Net value of fund units and accumulated net value of fund units on the year and the last day of the year.
（5） Subscription redemption list
After starting to handle the subscription or redemption of fund units, the fund manager shall, on each open day
The list of subscription and redemption announced on the specified website, subscription and redemption broker or other media.
（6） Statement on Listing of Fund Units
If the fund units are approved to be listed and traded in the stock exchange, the fund manager shall list the fund units
Three working days before Yi, publish the listing and trading announcement of fund units on the specified website, and
The suggestive announcement of the amount listed trading announcement shall be published in the prescribed newspapers and periodicals.
（7） Announcement of Fund Unit Conversion Date and Announcement of Fund Unit Conversion Result
After the Fund Manager determines the conversion date of the Fund units, the Fund Manager shall, in accordance with the relevant provisions of the Information Disclosure Measures
The announcement of share conversion date shall be published on the specified media.
After the fund units are converted and the registration and clearing institution completes the change registration of the fund units, the fund management
People shall publish the results of the conversion of fund units on the prescribed media.
（8） Consideration for subscription and redemption of fund units
The Fund Manager shall upload the base fund in the Fund Contract, Prospectus and other information disclosure documents
The calculation method of the amount of subscription and redemption consideration and the relevant subscription and redemption rate, and ensure that investors can
The website or business outlet of the sales agency looks up or copies the above information.
（9） Regular reports of the Fund, including annual reports, interim reports and quarterly reports of the Fund
The Fund Manager shall, within three months from the end of each year, complete the annual report of the Fund and
The annual report is published on the specified website, and the advisory announcement of the annual report is published on the specified newspaper. Fund year
The financial and accounting report of the report shall be certified by an accountant meeting the provisions of the Securities Law of the People's Republic of China
Audit by the office.
The Fund Manager shall complete the interim report of the Fund within two months from the end of the first half of the year, and
Publish the interim report on the specified website, and publish the indicative announcement of the interim report on the specified newspaper.
The fund manager shall complete the fund quarter within 15 working days from the end of each quarter
Report, and publish the quarterly report on the specified website, and publish the suggestive announcement of the quarterly report on the specified newspaper
On.
If the Fund Contract takes effect less than two months ago, the Fund Manager may not prepare the current quarterly report
Periodic report or annual report.
In the report period, if a single investor holds 20% or more of the total fund shares
In order to protect the rights and interests of other investors, the fund manager shall at least report regularly on "influencing investors' decisions"
The category, holding shares and proportion at the end of the reporting period, and report of the investor are disclosed under "Other important information of the policy"
Changes in shares held during the period and the unique risks of the Fund, except for special circumstances recognized by the CSRC.
During the continuous operation of the Fund, the Fund's portfolio assets shall be disclosed in the Fund's annual report and interim report
Production situation and liquidity risk analysis, etc.
（10） Interim report
In the event of a major event of the Fund, the relevant information disclosure obligor shall, in accordance with the provisions of the Measures for Information Disclosure
The temporary report shall be prepared according to the relevant regulations and published on the specified newspapers and websites.
The term "major event" as mentioned in the preceding paragraph refers to the possible impact on the rights and interests of fund unit holders or the price of fund units
The following events with significant impact:
1. The convening and decisions of the general meeting of fund share holders;
2. Terminate the Fund Contract and liquidate the Fund;
3. Conversion of fund operation mode and fund merger;
4. Change of fund manager, fund custodian, fund share registration and clearing institution, and change of fund accountant
Certified Public Accountants;
5. The fund manager entrusts the fund service agency to handle the registration, accounting and valuation of fund shares on its behalf
Matters: the Fund Custodian entrusts the Fund Service Institution to handle the accounting, valuation, review and other matters of the Fund on its behalf;
6. The legal names and addresses of the Fund Manager and the Fund Custodian have changed;
7. The actual change of shareholders holding more than 5% of the equity by the Fund Manager and the change of the Fund Manager
Controller;
8. The fund raising period is extended or the fund raising is terminated in advance;
9. Senior managers of the Fund Manager, the Fund Manager and the Special Fund Custodian Department of the Fund Custodian
The responsible person changes;
10. If the directors of the Fund Manager have changed by more than 50% in the last 12 months, the Fund Manager
The main business personnel of the special fund custody department of the fund custodian have changed by more than one percent in the last 12 months
Thirty;
11. Litigation or arbitration involving fund management business, fund property and fund custody business;
12. The fund manager or its senior managers and fund managers are subject to
Major administrative punishment and criminal punishment, and the fund custodian or the head of its special fund custody department
Business related behaviors are subject to major administrative and criminal penalties;
13. The Fund Manager uses the Fund property to buy and sell the Fund Manager, the Fund Custodian and their controlling shareholders
Securities issued by the actual controller or a company that has a major interest relationship with it or certificates underwritten during the underwriting period
Securities, or other major related party transactions, unless otherwise stipulated by the CSRC;
14. Fund income distribution matters;
15. Accrual standards, methods and rates of management fees, custody fees, subscription fees, redemption fees and other fees
Change;
16. The valuation error of the net value of fund units reaches 0.5% of the net value of fund units;
17. The Fund begins to handle subscription and redemption;
18. The Fund suspends accepting subscription and redemption applications or re accepts subscription and redemption applications;
19. The underlying index of the Fund is changed;
20. Suspension, resumption or termination of listing of fund units;
21. The Fund implements the conversion of fund shares;
22. Adjust the minimum subscription, redemption unit, subscription and redemption method, and the composition of subscription consideration and redemption consideration;
23. Adjust the setting of fund share categories;
24. The Fund launches new businesses or services;
25. Major events involving adjustment of fund subscription and redemption events or potential impact on investors' redemption occur;
26. The price that the Fund Information Disclosure Obligor believes may be paid to the rights and interests of Fund Unitholders or Fund Units
Other matters that have a significant impact or other matters specified by the CSRC.
（11） Clarification announcement
During the duration of the Fund Contract, any public media or market circulation
The interest may have a misleading impact on the price of fund shares or cause major fluctuations, and may damage the fund shares
If the rights and interests of the relevant information disclosure obligor are known, it shall immediately make public clarification on the information,
And immediately report the relevant information to the CSRC and the stock exchange where the fund is listed for trading.
（12） Resolution of the general meeting of fund share holders
The matters decided by the general meeting of fund unit holders shall be reported to the CSRC for record and announced in accordance with the law.
（13） Information disclosure of investment in stock index futures
If the Fund invests in stock index futures, the Fund Manager shall submit quarterly reports, interim reports
The trading of stock index futures is disclosed in the regular reports such as the annual report of the fund and the prospectus (update),
Including investment policies, positions, profits and losses, risk indicators, etc., and fully revealing the stock index futures trading pairs
The impact of the overall risk of the Fund and whether it conforms to the established investment policies and investment objectives.
（14） Liquidation report
In case of any reason for termination of the Fund contract, the Fund Manager shall organize a Fund assets liquidation team in accordance with the law to
Liquidation of gold property and preparation of liquidation report. The fund assets liquidation group shall publish the liquidation report in the regulations
Website, and publish the suggestive announcement of the liquidation report on the specified newspaper.
（15） Information disclosure of investment stock options
If the Fund participates in stock option trading, the Fund Manager shall disclose it in the regular information disclosure documents
Relevant information about participating in stock option trading, including investment policies, positions, profits and losses, risk indicators
Valuation methods, and fully reveal the impact of stock option trading on the overall risk of the fund and whether it conforms to the established
Investment policies and investment objectives.
（16） Information disclosure of participating in financing and refinancing securities lending
If the Fund participates in financing and refinancing securities lending transactions, the Fund Manager shall make quarterly reports
The participation in financing and
Refinancing securities lending transactions, including investment strategies, business development, profits and losses, risks and
Management information, etc., and pay for the significant connection of the Fund's participation in refinancing securities lending business during the reporting period
Give a detailed explanation of the easy items.
（17） Information disclosure of investment in treasury bond futures
If the Fund participates in treasury bond futures trading, the Fund Manager shall submit quarterly reports, interim reports
The treasury bond futures transactions are disclosed in the regular reports such as the annual report and the prospectus (update), including
Investment policies, positions, profits and losses, risk indicators, etc., and fully reveal the basis of treasury bond futures trading
The impact of the overall risk of the fund and whether it conforms to the established investment policy and investment objectives.
（18） Investment in asset-backed securities
If the Fund invests in asset-backed securities, the Fund Manager shall
Disclose the total amount of asset-backed securities and the proportion of the market value of asset-backed securities in the net assets of the fund and report
Details of all asset-backed securities during the reporting period. The Fund Manager shall disclose its holdings in the quarterly report of the Fund
The total amount of asset-backed securities, the proportion of the market value of asset-backed securities in the net assets of the fund and the market value at the end of the reporting period
Details of the top 10 asset-backed securities ranked by their value in the proportion of the fund's net assets.
（19） Other information that shall be publicly disclosed as required by the CSRC.
6、 Information disclosure management
The Fund Manager and the Fund Custodian shall establish and improve the information disclosure management system, designate special departments and
Senior management is responsible for managing information disclosure.
The public disclosure of fund information by the fund information disclosure obligor shall comply with the relevant fund information of the CSRC
The disclosure content and format standards and other regulations as well as the provisions of the self regulatory management rules of the stock exchange.
The Fund Custodian shall comply with relevant laws and regulations, the provisions of the CSRC and the provisions of the Fund Contract
Determine the net value of fund assets, net value of fund units, consideration for purchase and redemption of fund units
Fund periodic report, updated prospectus, summary of fund product information, fund liquidation report, etc
The disclosed relevant fund information shall be reviewed and verified, and confirmed in writing or electronically to the fund manager.
The Fund Manager and the Fund Custodian shall choose one of the prescribed newspapers to disclose the information of the Fund.
The fund manager and the fund custodian shall submit the funds to be disclosed to the fund electronic disclosure website of the CSRC
Information, and ensure the authenticity, accuracy, integrity and timeliness of the information submitted.
In addition to disclosing information as required by laws and regulations, fund managers and fund custodians can also focus on investment
From the perspective of providing useful information when making decisions, we should ensure that investors are treated fairly, not mislead investors, and not affect the
Under the premise of normal investment operation, independently improve the quality of information disclosure services. The specific requirements shall meet the requirements of
Relevant provisions of the CSRC and self regulatory rules. In case of information disclosure fees arising from the aforesaid independent disclosure, such fees shall not
It may be disbursed from the fund assets.
The Fund Manager and the Fund Custodian may, in addition to disclosing information on the prescribed media according to law
Disclose information in other public media, but other public media shall not be listed earlier than the specified media and funds
The content of the same information disclosed on different media shall be consistent.
Special purpose of issuing audit report and legal opinion for the fund information publicly disclosed by the fund information disclosure obligor
Business institutions shall prepare working papers and keep relevant files at least ten years after the termination of the Fund Contract.
7、 Storage and reference of information disclosure documents
After the release of the information that must be disclosed according to law, the Fund Manager and the Fund Custodian shall comply with the relevant laws and regulations
Regulations require that information be kept at the company's domicile and the stock exchange where funds are listed for trading, for public reference
Copy.
8、 The Fund Manager and the Fund Custodian may suspend or delay the disclosure of fund information when
Related information:
1. The securities and futures trading market involved in the fund investment is suspended on statutory holidays or for other reasons
At the time of transaction;
2. The Fund Manager and the Fund Custodian are unable to accurately assess the value of the Fund assets due to force majeure or
When it is impossible to disclose information;
3. There is no active market price for the assets with more than 50% of the net asset value of the fund on the current valuation date
If the use of valuation techniques still leads to significant uncertainty in the fair value, it shall be confirmed through consultation with the Fund Custodian
Suspending valuation after recognition;
4. Laws and regulations, fund contract or the situation stipulated by the CSRC.
Part XXI Change and Termination of Fund Contract and Liquidation of Fund Assets
1、 Changes to the Fund Contract
1. The change of fund contract involves the provisions of laws and regulations or this contract shall be subject to the general meeting of fund share holders
If a resolution is passed, a general meeting of fund unit holders shall be convened to pass the resolution. For laws and regulations
As agreed in the Fund Agreement and the Fund Agreement, the Fund Manager shall
The Fund Custodian shall make an announcement of the change upon consent and report it to the CSRC for filing.
2. The resolution of the General Meeting of Fund Unitholders on the change of the Fund Contract shall come into force from the date of voting
Effective. After the resolution takes effect, it will be announced in the specified media in accordance with the relevant provisions of the Information Disclosure Measures.
2、 Reasons for Termination of the Fund Contract
Under any of the following circumstances, the Fund Contract shall be terminated after performing the relevant procedures:
1. The General Meeting of Fund Unitholders decides to terminate;
2. The responsibilities of the Fund Manager and the Fund Custodian are terminated, and there are no new Fund Managers or new Fund Custodians within 6 months
Undertaken by the Fund Custodian;
3. Other circumstances stipulated in the Fund Contract;
4. Other circumstances stipulated by relevant laws and regulations and the CSRC.
3、 Liquidation of fund assets
1. Fund asset liquidation team: within 30 working days from the date of termination of the Fund Contract
Establish a liquidation group, and the fund manager shall organize a liquidation group of the fund assets and carry out it under the supervision of the CSRC
Fund liquidation.
2. Composition of the Fund assets liquidation group: the members of the Fund assets liquidation group are the Fund Manager and the Fund Custodian
Custodians, certified public accountants, lawyers who meet the provisions of the Securities Law of the People's Republic of China, and the CSRC
Designated personnel composition. The Fund assets liquidation team may employ necessary staff.
3. Responsibilities of the Fund Assets Liquidation Team: The Fund Assets Liquidation Team is responsible for the custody, liquidation
Valuation, realization and distribution. The fund assets liquidation team may carry out necessary civil activities according to law.
4. Fund asset liquidation procedures:
(1) In case of termination of the Fund Contract, the Fund Property Liquidation Team shall take over the Fund in a unified manner;
(2) Liquidate and confirm the fund assets, claims and debts;
(3) Valuation and realization of fund assets;
(4) Prepare liquidation report;
(5) Engage an accounting firm to conduct external audit on the liquidation report, and engage a law firm to conduct liquidation
The report shall issue a legal opinion;
(6) Submit the liquidation report to the CSRC for filing and announcement;
(7) Distribute the remaining assets of the Fund.
5. The time limit for the liquidation of the Fund's assets is six months, but the liquidity of the securities held by the Fund is limited
If it cannot be realized in time, the liquidation period shall be postponed accordingly.
4、 Liquidation expenses
Liquidation expenses refer to all reasonable expenses incurred by the fund assets liquidation team in the process of fund liquidation
The liquidation expenses shall be paid from the fund assets by the fund assets liquidation group in priority.
5、 Distribution of residual assets in the liquidation of fund assets
Deduct all remaining assets after the liquidation of the Fund assets from the Fund according to the distribution plan for the liquidation of the Fund assets
The fund held by the fund share holder shall be subject to the liquidation expenses, payment of taxes owed and settlement of fund debts
Share proportion.
6、 Announcement of Fund Assets Liquidation
Major issues related to the liquidation process must be announced in a timely manner; The liquidation report of the fund assets is in accordance with
The accounting firm stipulated in the Securities Law of the People's Republic of China shall audit and the legal opinion shall be issued by the law firm and then submitted
The CSRC shall record and announce. The fund assets liquidation announcement shall be submitted to the CSRC in the fund assets liquidation report for filing
The Fund Assets Liquidation Group shall make a public announcement within 5 working days after the case, and the Fund Assets Liquidation Group shall liquidate
The report is published on the specified website, and the suggestive announcement of the liquidation report is published on the specified newspaper.
7、 Preservation of fund assets liquidation books and documents
The fund assets liquidation account book and relevant documents shall be kept by the fund custodian for more than 20 years, unless otherwise required by laws and regulations
Provisions shall be complied with.
Part XXII Liability for Breach of Contract
1、 The Fund Manager and the Fund Custodian violate the Fund Law in the process of performing their respective duties
As stipulated in laws and regulations or the Fund Contract, losses are caused to fund assets or fund unit holders
Those who have caused damage shall be liable for compensation according to law for their respective acts; Fund assets or funds due to joint action
If the holder of the gold share causes damage, he shall bear joint and several liability for compensation, and the compensation for the loss shall be limited to direct
Losses. However, the party concerned shall be exempted from liability if:
1. Force majeure;
2. The Fund Manager and/or the Fund Custodian shall comply with the then effective laws and regulations or the regulations of the CSRC
Losses caused by acts or omissions;
3. Losses caused by the Fund Manager's investment or non investment in accordance with the investment principles specified in the Fund Contract
Etc.
2、 To protect the interests of fund share holders to the greatest extent in the event of breach of contract by one or more parties
If the Fund Contract can continue to be performed, it shall continue to be performed. The non defaulting party is in office
Within the scope of responsibility, it is obliged to take necessary measures in time to prevent the expansion of losses. Failure to take appropriate measures resulted in
If the loss is further expanded, no claim may be made for compensation for the expanded loss. The non defaulting party paid for preventing the loss from expanding
The reasonable expenses incurred shall be borne by the defaulting party.
3、 Due to factors beyond the control of the Fund Manager and the Fund Custodian, business errors occur
Although the Manager and the Fund Custodian have taken necessary, appropriate and reasonable measures for inspection, they fail to
The Fund Manager and the Fund Custodian will be exempted from compensation for the loss of the Fund property or investors caused by the discovery of errors
However, the Fund Manager and the Fund Custodian shall actively take necessary measures to eliminate or mitigate the consequences
The impact of success.
Part XXIII Dispute Settlement and Applicable Law
All parties agree that all disputes arising from or in connection with the Fund Contract
If no settlement can be reached through friendly negotiation, either party has the right to submit the dispute to Shenzhen International Arbitration Court
The arbitration shall be conducted in accordance with the then effective arbitration rules of Shenzhen International Arbitration Court. The place of arbitration shall be Shenzhen. arbitration award
It is final and binding on all parties. Unless otherwise determined by the arbitration award, the arbitration fee shall be borne by the losing party
Dan.
During the dispute settlement period, the parties to the fund contract shall abide by their respective duties and continue to be faithful, diligent and responsible
To perform the obligations specified in the Fund Contract and safeguard the legitimate rights and interests of the Fund Unitholders.
The Fund Contract shall be governed by the laws of China (excluding the laws of Hong Kong, Macao and Taiwan).
Part XXIV Effectiveness of the Fund Contract
The Fund Contract is a legal document that stipulates the rights and obligations between the parties to the Fund Contract.
1. The Fund Contract has been sealed by the Fund Manager and the Fund Custodian, and the legal representatives or
The authorized representative shall sign/seal and handle the fund filing with the CSRC through the fund manager after the end of the offering
It shall come into force upon the written confirmation of the CSRC.
2. The term of validity of the Fund Contract shall be from the date of its entry into force to the time when the liquidation results of the Fund assets are reported to the CSRC
The date of filing and announcement.
3. From the effective date of the Fund Contract
All parties to the Fund Contract, including persons, shall have the same legal binding force.
4. The original of the Fund Contract is in triplicate. In addition to one copy submitted to the relevant regulatory authority, the Fund Manager
The Fund Custodian shall hold one copy each with the same legal effect.
5. The Fund Contract can be printed in a volume for investors to use in the Fund Manager, Fund Custodian and Sales Machines
Check the office and business premises of the organization.
Part XXV Other Matters
If there are any matters not covered in the Fund Contract, the parties to the Fund Contract shall consult with each other in accordance with relevant laws and regulations
It shall be settled through negotiation.
Part XXVI Summary of the Fund Contract
1、 Rights and obligations of fund share holders, fund managers and fund custodians
（1） Rights and obligations of the Fund Manager
1. According to the Fund Law, the Operating Measures and other relevant provisions, the rights of the Fund Manager include
But not limited to:
(1) Raising funds according to law;
(2) As of the effective date of the Fund Contract, it shall be used independently in accordance with laws and regulations and the Fund Contract
And manage the fund assets;
(3) Collect fund management fees in accordance with the Fund Contract and the provisions of laws and regulations or approved by the CSRC
Other approved expenses;
(4) Sale of fund shares;
(5) Convene the general meeting of fund unit holders in accordance with the provisions;
(6) Supervise the Fund Custodian in accordance with the Fund Contract and relevant laws and regulations
If a person violates the Fund Contract and relevant national laws and regulations, he shall report it to the CSRC and other regulatory authorities,
And take necessary measures to protect the interests of fund investors;
(7) Nominate a new Fund Custodian when the Fund Custodian changes;
(8) Select and replace the fund sales agency, supervise and deal with the relevant acts of the fund sales agency
Reason;
(9) Serve as or entrust other qualified institutions to act as fund registration and clearing institutions to handle fund registration
Settle business and obtain fees specified in the Fund Contract;
(10) Determine the distribution plan of fund income in accordance with the Fund Contract and relevant laws and regulations;
(11) Reject or suspend the acceptance of subscription and redemption applications within the scope agreed in the Fund Contract;
(12) Exercising shareholders' rights against the invested company for the benefit of the fund in accordance with laws and regulations, and for the benefit of the fund
To exercise the rights arising from the investment of the Fund's assets in securities;
(13) Financing and refinancing of the Fund for the benefit of the Fund in accordance with the law, provided that laws and regulations permit
Through securities lending business;
(14) Exercising litigation rights on behalf of fund share holders in the name of the fund manager; or
Performing other legal acts;
(15) Select and replace law firms, accounting firms, securities, futures brokers or others
External institutions providing services by the Fund;
(16) Formulate and adjust relevant fund subscription, subscription
Business rules for redemption and share transfer;
(17) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operation Measures and other relevant provisions, the obligations of the Fund Manager include
But not limited to:
(1) Raise funds according to law, handle or entrust other institutions recognized by the CSRC to handle
The sale, subscription, redemption and registration of fund units;
(2) Handling the fund filing procedures;
(3) From the effective date of the Fund Contract, manage and operate in the principle of good faith, prudence and diligence
Use of fund assets;
(4) Allocate sufficient personnel with professional qualifications to carry out fund investment analysis and decision-making, so as to be professional
Management and operation of fund assets;
(5) Establish and improve internal risk control, supervision and audit, financial management and personnel management systems,
To ensure that the assets of the fund under management and the assets of the fund manager are independent of each other, and to separate the different funds under management
Management, separate bookkeeping and securities investment;
(6) Except in accordance with the Fund Law, the Fund Contract and other relevant provisions, the Fund property shall not be used
To seek benefits for oneself and any third party, and shall not entrust any third party to operate the fund property;
(7) Accept the supervision of the Fund Custodian according to law;
(8) Prepare and publish the list of subscription and redemption, calculate and publish the net fund value information, and determine the fund units
Subscription consideration and redemption consideration;
(9) The party that takes appropriate and reasonable measures to calculate the subscription price, subscription and redemption consideration of fund units
The Law complies with the provisions of the Fund Contract and other legal documents;
(10) Accept the application for subscription and redemption as required, and pay the redemption consideration in time and in full;
(11) Conduct fund accounting and prepare fund financial accounting reports;
(12) Prepare quarterly report, interim report and annual report;
(13) Information disclosure and
Reporting obligations;
(14) Keep the business secrets of the fund, and do not disclose the fund investment plan, investment intention, etc. In addition to the Fund Law
Unless otherwise specified in the Fund Contract and other relevant provisions or required by the competent authority
Before disclosure, it shall be kept confidential and not disclosed to others, except for those provided to external professional consultants such as audit and law consultants;
(15) Determine the fund income distribution plan according to the Fund Contract, and hold the fund shares in a timely manner
Distribution of fund income by people;
(16) Convene the Fund Unitholders in accordance with the Fund Law, the Fund Contract and other relevant provisions
To convene a general meeting of fund unit holders in accordance with the law, or to cooperate with the fund custodian and fund unit holders;
(17) Keep the accounting books, statements, records and other relevant information of fund property management business activities as required
If the relevant information is more than 15 years old and the laws and regulations provide otherwise, the provisions shall prevail;
(18) Ensure that all documents or materials required to be provided to fund investors are issued within the specified time, and
To ensure that investors can check the information related to the Fund at any time according to the time and method specified in the Fund Contract
Disclose materials and obtain copies of relevant materials at reasonable cost;
(19) Organize and participate in the fund assets liquidation team, and participate in the custody, liquidation, valuation
Realization and distribution;
(20) Timely report to the CSRC when faced with dissolution, legal revocation or bankruptcy declaration
And notify the Fund Custodian;
(21) Loss of fund property or damage to the legitimacy of fund share holders due to violation of the Fund Contract
When he/she has rights and interests, he/she shall be liable for compensation, and his/her liability for compensation shall not be exempted by his/her retirement;
(22) Supervise the Fund Custodian to perform its obligations in accordance with laws and regulations and the Fund Contract
When the Fund Custodian violates the Fund Contract and causes losses to the Fund property, the Fund Manager shall hold
The interests of the Fund Custodian shall be recovered from the Fund Custodian;
(23) When the fund manager entrusts its obligations to a third party, it shall deal with the relevant funds to the third party
Take responsibility for the behavior of financial affairs;
(24) In the name of the Fund Manager, on behalf of the Fund Unitholders, to exercise the right of litigation or implement its
Other legal acts;
(25) The Fund Manager fails to meet the filing conditions of the Fund during the raising period, and the Fund Contract cannot
Effective, the fund manager shall bear all the raising costs, and add the raised funds to the current deposit interest of the bank for the same period
The interest shall be returned to the fund subscriber within 30 days after the end of the fund raising period, and the registration and clearing institution shall be notified of the offering
The agency unfreezes the frozen shares;
(26) Implement the effective resolutions of the general meeting of fund share holders;
(27) Establish and maintain the register of fund unit holders;
(28) Other obligations stipulated by laws and regulations, CSRC and the Fund Contract.
（2） Rights and obligations of the Fund Custodian
1. According to the Fund Law, the Operating Measures and other relevant provisions, the rights of the Fund Custodian include
But not limited to:
(1) As of the effective date of the Fund Contract, it shall be safe in accordance with laws, regulations and the provisions of the Fund Contract
Custody of fund assets;
(2) Obtain fund custody fees, laws and regulations or regulatory approval in accordance with the Fund Contract
Other approved expenses;
(3) To supervise the investment operation of the Fund Manager in the Fund, and if it is found that the Fund Manager has violated the Basic Law of the People's Republic of China
The fund contract and national laws and regulations have caused significant losses to the fund property and the interests of other parties
The situation shall be reported to the CSRC and necessary measures shall be taken to protect the interests of fund investors;
(4) In accordance with the relevant market rules, open capital accounts, securities accounts and other investment accounts for the Fund,
Clearing securities and futures trading funds for the Fund;
(5) Propose to convene or convene a general meeting of fund unit holders;
(6) Nominate a new fund manager when the fund manager changes;
(7) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operating Measures and other relevant provisions, the obligations of the Fund Custodian include
But not limited to:
(1) Holding and safekeeping fund assets in the principle of good faith and diligence;
(2) A special fund custody department shall be set up, with satisfactory business premises and sufficient
Qualified full-time personnel familiar with fund custody business, responsible for fund property custody matters;
(3) Establish and improve internal risk control, supervision and audit, financial management and personnel management systems,
To ensure the safety of the fund property and ensure that the fund property under its custody is different from the fund custodian's own property and
Fund assets are independent of each other; Set up separate accounts for different funds under custody, conduct independent accounting, and manage accounts separately,
Ensure that different funds are independent from each other in terms of account setting, fund transfer, account book recording, etc;
(4) Except in accordance with the Fund Law, the Fund Contract and other relevant provisions, the Fund shall not be used
To seek benefits for oneself and any third party, it is not allowed to entrust a third party to trust the fund property;
(5) To keep the major contracts and relevant vouchers related to the Fund signed by the Fund Manager on behalf of the Fund;
(6) Open the fund account, securities account and other accounts required for investment of the fund property according to the regulations
As agreed in the Gold Contract, clearing and delivery shall be handled in a timely manner according to the investment instructions of the Fund Manager;
(7) Keep fund business secrets, unless otherwise specified in the Fund Law, the Fund Contract and other relevant regulations
In addition to the provisions, the fund information shall be kept confidential before public disclosure and shall not be disclosed to others;
(8) Review and review the net fund asset value, net fund share value and fund share calculated by the fund manager
Amount of subscription and redemption consideration;
(9) To handle information disclosure related to fund custody business activities;
(10) To issue opinions on the financial and accounting reports, quarterly reports, interim reports and annual reports of the Fund, stating that
Specify whether the Fund Manager operates in all important aspects in strict accordance with the provisions of the Fund Contract; If
If the Fund Manager fails to implement the provisions of the Fund Contract, it shall also state whether the Fund Custodian has taken
Appropriate measures have been taken;
(11) Keep records, account books, statements and other relevant materials of fund custody business activities for 20 years
Where laws and regulations provide otherwise, such provisions shall prevail;
(12) Receive and keep the register of fund unit holders from the fund manager or its entrusted registration institution;
(13) Prepare relevant account books as required and check with the fund manager;
(14) To pay fund income and
The cash portion of the redemption consideration;
(15) Convene the Fund Unitholders in accordance with the Fund Law, the Fund Contract and other relevant provisions
To convene a general meeting of fund share holders or to cooperate with the fund manager and fund share holders to convene a general meeting of fund share holders in accordance with the law;
(16) Supervise the investment operation of the Fund Manager in accordance with laws and regulations and the provisions of the Fund Contract;
(17) Participate in the fund assets liquidation team, and participate in the custody, liquidation, valuation, realization and
Distribution;
(18) Timely report to the CSRC when faced with dissolution, legal revocation or bankruptcy declaration
And bank regulators, and notify the fund manager;
(19) If the Fund property is lost due to violation of the Fund Contract, it shall be liable for compensation
Liability will not be relieved by his retirement;
(20) Supervise the Fund Manager to perform its obligations in accordance with laws, regulations and the Fund Contract
The Fund Manager shall be the Fund Unitholder in case of any loss of fund property due to violation of the Fund Contract
The interests shall be recovered from the fund manager;
(21) Implement the effective resolutions of the general meeting of fund share holders;
(22) Other obligations stipulated by laws and regulations, CSRC and the Fund Contract.
（3） Rights and obligations of fund share holders
The fund investor's holding of the fund shares of the Fund shall be deemed as the recognition and acceptance of the Fund Contract,
The fund shares obtained by the fund investor in accordance with the Fund Contract become the fund share holder and the Fund
The parties to the Fund Agreement until they no longer hold the Fund units of the Fund. The Fund Unitholders shall serve as the Fund Unitholders
The parties to the Fund Contract shall not be required to sign or seal the Fund Contract in writing.
Each fund unit has the same legal rights and interests.
1. According to the Fund Law, the Operation Measures and other relevant provisions, the rights of fund share holders
Including but not limited to:
(1) Share the fund property income;
(2) Participate in the distribution of the remaining fund assets after liquidation;
(3) Apply for redemption or transfer of fund units held by them according to law;
(4) To call a general meeting of fund unit holders or a general meeting of fund unit holders as required;
(5) Attend or appoint a representative to attend the general meeting of fund unit holders
Exercise the right to vote on matters under consideration;
(6) Consulting or copying publicly disclosed fund information;
(7) To supervise the investment operation of the Fund Manager;
(8) The legal rights and interests of the fund manager, fund custodian and fund sales institution shall be harmed in accordance with
Legal action or arbitration;
(9) Other rights stipulated by laws and regulations, the CSRC and the Fund Contract.
2. According to the Fund Law, the Operation Measures and other relevant provisions, the obligations of the Fund Unitholders
Including but not limited to:
(1) Carefully read and abide by the Fund Contract, Prospectus, fund product information summary
Information disclosure documents such as relevant business rules and relevant announcements on the Fund issued by the Fund Manager in accordance with regulations;
(2) Understand the fund products invested, understand their own risk tolerance, and independently judge the fund investment
Value, make investment decisions independently and bear investment risks independently;
(3) Pay attention to fund information disclosure, exercise rights and perform obligations in a timely manner;
(4) Payment of fund subscription funds and shares, subscription consideration payable, laws and regulations and the Fund Agreement
The fees specified in the same regulations;
(5) Undertaking fund losses or terminating the Fund Contract within the scope of fund units held by them
Limited liability;
(6) Do not engage in any activities that may damage the legitimate rights and interests of the Fund and other parties to the Fund Contract;
(7) Implement the effective resolutions of the general meeting of fund share holders;
(8) Return the improper gains obtained for any reason in the course of fund transactions;
(9) Other obligations stipulated by laws and regulations, the CSRC and the Fund Contract.
2、 Procedures and Rules for Convening, Deliberating and Voting of the General Meeting of Fund Unitholders
The general meeting of fund unit holders shall be composed of fund unit holders, who are legally authorized to act on their behalf
Form A has the right to attend meetings and vote on behalf of fund share holders. The general meeting of fund unit holders described in this part
In this regard, each fund unit held by the fund unit holder has equal rights. If future laws and regulations
If the General Meeting of Fund Unitholders stipulates otherwise, the then effective laws and regulations shall prevail.
If the Fund is the target ETF and the Fund Manager is the same as the Fund
After taking effect, in view of the correlation between the Fund and the ETF feeder fund, the fund shares of the ETF feeder fund are held
A person may attend or appoint a representative to attend the ETF feeder fund share holding
There are people in the meeting and voting. When calculating the participation shares and counting the votes, ETF feeder fund holders
The number of fund units with voting rights and the number of votes are, and the equity registration at the general meeting of fund unit holders of the Fund
Day, the total number of ETF feeder funds holding the Fund units multiplied by the ETF held by the fund unit holders
The proportion of feeder fund shares in the total ETF feeder fund shares, and the calculation results shall be rounded,
Keep to the whole number. Each participating share of the feeder fund converted into the fund and each participating share of the fund
We have equal voting rights.
Fund managers of ETF feeder funds should not represent ETF feeder funds in the name of ETF feeder funds
All fund unit holders of the Fund shall exercise their voting rights as fund unit holders of the Fund, but it is acceptable
Entrustment of specific fund unit holders of ETF feeder funds to fund unit holders of ETF feeder funds
The agent shall attend and vote at the general meeting of fund unit holders of the Fund.
The Fund Manager of the ETF Feeder proposes to hold the meeting on behalf of the Fund Unitholders of the ETF Feeder
Or convene a general meeting of the Fund Unitholders, which shall be held in accordance with the ETF Feeder Fund Contract
The Fund Unitholders' Meeting of the ETF Feeder and the Fund Unitholders' Meeting of the ETF Feeder
If the Fund Unitholders' Meeting is proposed to be held or convened, the Fund Manager of the ETF Feeder Fund shall act on its behalf
Form The Fund Unitholders of the ETF Feeder Fund propose to convene or convene a general meeting of the Fund Unitholders.
The National People's Congress of the holders of Fund units does not have a daily institution. During the duration of the Fund, according to the operation of the Fund
If necessary, the general meeting of fund share holders can add daily institutions, and the establishment and operation of daily institutions should be based on
According to relevant laws and regulations and the provisions of the CSRC.
（1） Reason for convening
1. Unless otherwise specified by laws and regulations, the CSRC and the fund contract
A general meeting of fund unit holders shall be convened for any of the following reasons:
(1) Terminate the Fund Contract;
(2) Change the fund manager;
(3) Change the Fund Custodian;
(4) Change the operation mode of the fund;
(5) Adjust the remuneration standards of the Fund Manager and the Fund Custodian;
(6) Change of fund category;
(7) The merger of the Fund with other funds;
(8) Change the investment objective, scope or strategy of the Fund;
(9) Change the procedures of the general meeting of fund unit holders;
(10) The listing of the Fund was terminated by Shanghai Stock Exchange because the Fund no longer meets the listing conditions
Except for the circumstances where the listing is terminated;
(11) The Fund Manager or the Fund Custodian requests to convene a general meeting of Fund Unitholders;
(12) Fund shares that individually or collectively hold more than 10% (including 10%) of the total fund shares
The amount holder (calculated based on the fund shares on the day when the fund manager receives the proposal, the same below) writes about the same matter
To request the convening of a general meeting of fund share holders;
(13) Other matters that have a significant impact on the rights and obligations of the parties to the fund contract;
(14) Other fund units that shall be convened as required by laws and regulations, the Fund Contract or the CSRC
Matters of the general meeting of shareholders.
2. Within the scope stipulated by laws and regulations and the Fund Contract and for the interests of fund share holders
On the premise that there is no material adverse effect, the following circumstances may be modified by the Fund Manager and the Fund Custodian after consultation:,
It is not necessary to convene a general meeting of fund share holders:
(1) Reduce other expenses that should be borne by the Fund or the Fund Unitholders;
(2) Collection of fund fees increased as required by laws and regulations;
(3) Adjust the subscription rate of the Fund, lower the redemption rate or change the charging method;
(4) Due to relevant laws and regulations, relevant business regulations of Shanghai Stock Exchange or registration and clearing institutions
The Fund Contract shall be modified due to changes;
(5) The amendment to the Fund Contract has no material adverse effect on the interests of the Fund Unitholders or the amendment
The change does not involve any change in the rights and obligations of the parties to the Fund Contract;
(6) The Fund Manager, relevant stock exchanges and registration and clearing institutions adjust the subscription and application of relevant funds
Rules for purchase, redemption, trading, non trading transfer and other businesses;
(7) Change the target index licensing fee rate and calculation according to the agreement of the index licensing agreement
Method, payment method or lower limit of collection;
(8) The Fund launches new businesses or services;
(9) The Feeder Fund of the Fund participates in the subscription and redemption of the Fund by special subscription or other means;
(10) Adjust the subscription and redemption method of the fund and the composition of the subscription and redemption consideration;
(11) Adjust the calculation and announcement time or frequency of the net value of fund units, purchase and redemption list;
(12) Fund opening of OTC subscription, redemption and other related businesses;
(13) If it is not necessary to hold a general meeting of fund share holders in accordance with laws and regulations and the Fund Contract
His situation.
（2） Convener and convening method
1. Unless otherwise stipulated in laws and regulations or the Fund Agreement, the general meeting of fund share holders shall be held by
The fund manager shall convene the meeting.
2. If the Fund Manager fails to convene the meeting or cannot convene the meeting as required, the Fund Custodian shall convene the meeting.
3. If the Fund Custodian deems it necessary to convene a general meeting of Fund Unitholders, it shall report to the Fund Manager
Make a written proposal. The Fund Manager shall decide whether to convene the meeting or not within 10 days after receiving the written proposal,
And notify the Fund Custodian in writing. If the Fund Manager decides to convene the meeting, it shall issue a written decision 60
Held within the day; If the Fund Manager decides not to convene the meeting and the Fund Custodian still considers it necessary, the Fund Custodian shall
The fund custodian shall convene the meeting on its own and notify the fund manager within 60 days from the date of issuing the written decision,
The Fund Manager shall cooperate.
4. The fund share holders representing more than 10% (including 10%) of the fund shares shall submit a written request on the same matter
A written proposal shall be submitted to the Fund Manager for convening a general meeting of Fund Unitholders. The Fund Manager shall
Decide whether to convene the meeting or not within 10 days from the date of receiving the written proposal, and notify the proposed fund units in writing
The holder's representative and the fund custodian. If the fund manager decides to convene the meeting, it shall start from the date of issuing a written decision
Held within 60 days; The Fund Manager decides not to convene the meeting, which represents the basis of more than 10% (including 10%) of the Fund shares
If the gold share holders still think it necessary to hold the meeting, they shall submit a written proposal to the Fund Custodian. Fund Custody
People shall decide whether to convene the meeting or not within 10 days from the date of receiving the written proposal, and inform the basis of the proposal in writing
Representatives of gold share holders and fund managers; If the Fund Custodian decides to convene the meeting, it shall issue a written decision
The fund manager shall be informed of the meeting within 60 days from the date of the meeting, and the fund manager shall cooperate.
5. Fund share holders representing more than 10% (including 10%) of the fund shares request to call
If a general meeting of fund unit holders is held and neither the fund manager nor the fund custodian convenes it, it shall be held separately or jointly
Form The fund share holders with more than 10% (including 10%) of the fund shares have the right to convene at least 30 days in advance
Daily report to China Securities Regulatory Commission for filing. Where a fund unit holder convenes a general meeting of fund unit holders on his own according to law
The Fund Manager and the Fund Custodian shall cooperate and shall not obstruct or interfere.
6. The convener of the Fund Unitholders' Meeting shall be responsible for selecting and determining the time, place, method and right of the meeting
Registration date.
（3） Time, content and method of notice for convening the general meeting of fund unit holders
1. To convene a general meeting of fund share holders, the convener shall, 30 days before the meeting
Notice. The notice of the general meeting of fund share holders shall at least contain the following contents:
(1) Time, place and form of the meeting;
(2) Matters to be considered, procedures and voting methods at the meeting;
(3) The registration date of the rights and interests of fund unit holders who are entitled to attend the general meeting of fund unit holders;
(4) Requirements for the content of the authorization certificate (including but not limited to the identity, authority and proxy of the agent)
The time and place of delivery;
(5) Name and telephone number of the permanent contact person for conference affairs;
(6) Documents that must be prepared and procedures that must be performed by the attendees;
(7) Other matters to be notified by the convener.
2. In case of communication meeting and voting, the convener of the meeting shall decide to notify the meeting
The specific means of communication adopted by the National People's Congress of the Fund Unitholders, the entrusted notary authority and its copy
Method and contact person, deadline for submission of voting opinions and collection method.
3. If the convener is the fund manager, it shall also notify the fund custodian in writing to check the statement at the designated place
Supervise the vote counting of the decision; If the convener is the fund custodian, it shall notify the fund manager in writing separately
Go to the designated place to supervise the counting of votes; If the convener is the fund share holder, it shall be separately
Inform the Fund Manager and the Fund Custodian in writing to go to the designated place to supervise the counting of votes. fund
If the manager or fund custodian refuses to send representatives to supervise the counting of votes, the voting opinions will not be affected
Vote counting effect of.
（4） Ways of Fund Unitholders Attending the Meeting
The general meeting of fund share holders can be held by means of on-site meeting or communication meeting, as well as laws, regulations or
The convener of the meeting shall determine other methods allowed by the regulatory authority.
1. On site meeting. Appointed by the Fund Unitholders in person or by proxy
The authorized representatives of the Fund Manager and the Fund Custodian shall attend the on-site meeting as nonvoting delegates
If the Fund Manager or the Fund Custodian does not send representatives to attend the general meeting, the voting effect shall not be affected. On site opening
The agenda of the general meeting of Fund Unitholders may be held when the following conditions are met simultaneously:
(1) Certificates of fund units held by those who attend the meeting in person, and principals issued by those entrusted to attend the meeting
The certificate of holding fund shares and the certificate of proxy voting authorization of the trustor comply with laws and regulations
And the provisions of the notice of the meeting, and the vouchers for holding fund shares and the registration materials held by the fund manager
Conformity;
(2) After verification, the voucher presented by the participants for holding fund units on the equity registration date shows that,
The effective fund units shall not be less than one-half (including one-half) of the total fund units of the Fund on the equity registration date
1） . If the effective fund units represented by the participants on the equity registration date are less than the base of the Fund on the equity registration date
1/2 of the total fund units, the convener may hold the fund unit holders' meeting at 3
The General Meeting of Fund Unitholders shall be reconvened within six months after the expiration of six months on the matters originally scheduled for deliberation. Recall
The effective fund units represented by the participants of the general meeting of fund unit holders on the equity registration date shall not be less than
One third (including one third) of the total fund shares of the Fund on the equity registration date.
2. Correspondence meetings. Correspondence meeting means that the Fund Unitholders submit their votes on voting matters in writing
Form or other means specified in the announcement of the meeting shall be delivered to the address designated by the convener before the deadline for voting. through
The meeting shall vote in writing or in other ways specified in the notice of the meeting.
If the following conditions are met at the same time, the method of communication meeting shall be deemed as effective:
(1) The convener of the meeting shall publish the notice of the meeting in accordance with the Fund Contract, and within 2 working days
Continue to publish relevant advisory announcements;
(2) The convener shall notify the fund custodian in accordance with the fund contract (if the fund custodian is the convener,
The fund manager) to the designated place to supervise the counting of votes. The convener of the meeting is in Kikinto
The custodian (or the fund manager if the fund custodian is the convener) and the notary organ shall, under the supervision of the
Collect the voting opinions of fund share holders in the manner specified in the notice of discussion; The Fund Custodian or Fund Manager
If a notice is given not to participate in the collection of voting opinions, the voting effect shall not be affected;
(3) If he/she directly issues voting opinions or authorizes others to issue voting opinions, the fund shares
The fund shares held by someone shall not be less than half (including half) of the total fund shares on the equity registration date
1） ; If I directly issue written opinions or authorize others to issue written opinions on behalf of fund share holders
If the fund units held are less than half of the total fund units on the equity registration date, the convener may make an announcement in the original
Within 3 months and 6 months after the time of holding the general meeting of fund unit holders of
Convene a new general meeting of fund unit holders. The reconvened general meeting of fund unit holders shall have one-third of the representatives
One or more (including one third) of the fund share holders directly issue written opinions or authorize others to issue them on behalf
Written comments.
(4) Fund unit holders or entrusted representatives who directly issue voting opinions in Item (3) above
The agent who issues the voting opinion, the certificate of holding the fund unit submitted at the same time, and the agent entrusted to issue the voting opinion
The certificate issued by the agent that the principal holds fund shares and the certificate of proxy voting authorization of the principal
Comply with laws and regulations, the Fund Contract and the notice of the meeting, and comply with the records of the fund registration and clearing institution.
3. The Fund Unitholders of the Fund, on the premise of not violating the laws and regulations and the provisions of the regulatory authority
It may also authorize its agent to attend the general meeting of fund share holders and exercise voting rights in other non written ways;
In terms of the way of holding the meeting, the Fund can also use other off-site ways or on-site ways to communicate with off-site parties
The general meeting of fund share holders shall be held in a combination of methods, and the meeting procedures shall be held in accordance with on-site meetings and communication methods
The procedure of the meeting will be carried out. Fund share holders may enter the fund in writing, online, telephone, SMS or other ways
The specific method of voting shall be determined by the convener of the meeting and listed in the notice of the meeting.
（5） Discussion content and procedure
1. Discussion content and proposal right
After the convener of the general meeting of fund unit holders issues the notice of convening the meeting, he/she shall amend the contents of the original proceedings
The change shall be announced in time before the general meeting of fund unit holders is held.
The meeting of the fund unit holders' congress may not vote on the contents of the proceedings that have not been announced in advance.
2. Proceedings
(1) On site meeting
In the form of on-site meeting, the presider of the meeting shall first determine in accordance with the procedures specified in Article (7) below
And announce the scrutineers, and then the presider of the meeting reads out the proposal. After discussion, the proposal is voted and the resolution of the meeting is formed
Discussion. The presider of the meeting is the representative authorized by the fund manager to attend the meeting
In case of presiding over the meeting, the representative authorized by the Fund Custodian to attend the meeting shall preside over the meeting; If the fund manager
If neither the authorized representative nor the authorized representative of the Fund Custodian can preside over the meeting, the fund shares attending the meeting shall hold
More than 50% (including 50%) of the voting rights held by persons and agents shall elect a fund share holder as
The chairperson of the Fund Unitholders' Meeting. The Fund Manager and the Fund Custodian refuse to attend or preside over the Fund
The General Meeting of Fund Unitholders shall not affect the validity of the resolutions made at the General Meeting of Fund Unitholders.
The convener of the meeting shall prepare the signature book of the attendees. The name of the participants shall be recorded in the signature book
(or unit name), ID document number, fund shares held or represented with voting rights, and principals
Name (or unit name) and contact information.
(2) Communication meeting
In the case of a communication meeting, the convener shall first announce the proposal 30 days in advance, and then vote on it
Within 2 working days after the deadline, the convener shall count all valid votes under the supervision of the notary office
The resolution is formed under the supervision of the organ.
（6） Voting
Each fund unit held by the fund unit holder has one vote.
The resolutions of the general meeting of fund share holders can be divided into general resolutions and special resolutions:
1. The general resolution shall be subject to the form held by the fund share holders or their agents attending the meeting
More than half (including half) of the voting rights are valid only after passing; Except as provided in the second item below
Matters other than those passed by special resolution shall be passed by general resolution.
2. Special resolution, which shall be held by fund share holders or their agents attending the meeting
It can be made only after being approved by more than two-thirds (including two-thirds) of the voting rights. Unless otherwise specified by laws and regulations or based on
Unless otherwise agreed in the fund contract, change the operation mode of the fund, change the fund manager or fund custodian, and terminate
The Fund Contract and the merger with other funds shall be effective only after passing a special resolution.
The general meeting of fund share holders shall vote by open ballot.
When voting by means of communication, unless there is sufficient evidence to the contrary when counting votes, submit
The voting for confirming the investor's identity document in accordance with the provisions of the notice of the meeting shall be deemed as effective attendance of investors
The voting opinions that meet the requirements of the notice of meeting shall be deemed as valid voting, and the voting opinions that are ambiguous or contradictory shall be deemed as valid voting
It means abstention from voting, but shall be included in the total number of fund units represented by the fund unit holders who issue voting opinions.
The proposals of the general meeting of fund share holders or the parallel topics in the same proposal shall be separated
Review and vote item by item.
（7） Vote counting
1. On site meeting
(1) If the general meeting is convened by the Fund Manager or the Fund Custodian, the general meeting of the Fund Unitholders shall be presided over
At the beginning of the meeting, it shall be announced that two fund share holders and agents present at the meeting shall elect
The representative of the gold share holder and a supervisor authorized by the convener of the meeting jointly act as the scrutineer; If the General Assembly is based on
Although the fund share holders themselves or the general meeting is convened by the fund manager or the fund custodian, the fund management
If the Manager or Fund Custodian fails to attend the meeting, the chairperson of the meeting of Fund Unitholders shall be present at the beginning of the meeting
Later, it was announced that three representatives of fund share holders would be elected from among the fund share holders and agents present at the meeting
Serve as scrutinizer. The absence of the Fund Manager or the Fund Custodian from the meeting shall not affect the effectiveness of vote counting.
(2) The scrutineers shall count the votes immediately after the fund share holders vote and the chairman of the meeting shall act as
The results of the vote counting will be announced on the spot.
(3) If the chairman of the meeting or the fund share holder or agent has different opinions on the voting results submitted
The number of votes demanded may be counted again immediately after the announcement of the voting results. The scrutineer shall
Re inventory is limited to one time. After re counting, the presider of the meeting shall announce the re counting on the spot
Point results.
(4) The vote counting process shall be notarized by a notary office, and the fund manager or fund custodian refuses to attend
The validity of counting votes shall not be affected by the decision of the General Assembly.
2. Communication meeting
In the case of a communication meeting, the method of counting votes is: two supervisors authorized by the convener of the general meeting are in the fund
Supervised by the authorized representative of the custodian (or the authorized representative of the fund manager if convened by the fund custodian)
The counting process shall be notarized by the notary office. The Fund Manager or the Fund Custodian refuses to appoint a representative
If the voting table supervises the counting of votes, it shall not affect the counting and voting results.
（8） Effectiveness and announcement
The convener shall report the resolution of the general meeting of fund unit holders to the CSRC within 5 days from the date of adoption
keep on record.
The resolution of the general meeting of fund share holders shall take effect from the date of voting.
The resolution of the general meeting of fund share holders shall be announced on the specified media within 2 days from the effective date. If using
Vote by means of communication. When announcing the resolution of the general meeting of fund share holders, the full text of the notarial certificate
The name of the certification authority and the notary shall be announced together.
The Fund Manager, the Fund Custodian and the Fund Unitholders shall implement the effective Fund Unitholders
General Assembly resolutions. Effective resolution of the general meeting of fund unit holders on the management of all fund unit holders and funds
Both the trustee and the fund trustee are binding.
（9） On the premise that there is no material adverse effect on the interests of fund share holders
The provisions on the cause, conditions, procedures and voting conditions of the general meeting of shareholders are directly quoted
Part of laws and regulations or regulatory rules, such as the relevant content being taken due to the modification of laws and regulations or regulatory rules in the future
In case of cancellation or change or new shareholders' meeting mechanism added by laws and regulations, the Fund Manager may, after making an announcement in advance
It is not necessary to hold a general meeting of fund share holders to directly modify, adjust or supplement this part.
3、 Principle of fund income distribution
The income distribution of the Fund shall follow the following principles:
1. The growth rate of the net value of fund units on the income evaluation date exceeds the growth rate of the underlying index in the same period by 1%
In case of the above, income distribution can be carried out;
2. The Fund aims to make the growth rate of net value of fund shares after income distribution as close as possible to the increase of underlying index in the same period
Long rate is the principle for income distribution. Based on the nature and characteristics of the Fund, the income distribution of the Fund does not need to be
On the premise of covering floating losses, the net value of ex dividend fund units may be lower than the face value after income distribution;
3. The income of the Fund is distributed in the form of cash dividends;
4. The Fund Contract does not need to be distributed within three months after it comes into effect;
5. Each fund unit has the same right of distribution;
6. If laws and regulations or regulatory authorities have other provisions, such provisions shall prevail.
Without violating the laws and regulations and the fund contract, and without materially affecting the interests of fund share holders
Under the influence of profits, the fund manager and the registration and clearing institution may adjust the fund income distribution principle, and
It is not necessary to convene a general meeting of fund unit holders.
4、 Withdrawal, payment method and proportion of expenses related to fund property management and utilization
（1） Types of fund fees
1. Management fees of the Fund Manager;
2. Custody fees of the Fund Custodian;
3. Information disclosure fees related to the Fund after the Fund Contract takes effect;
4. Accounting fees, attorney fees, legal fees or arbitration fees related to the Fund after the Fund Contract takes effect;
5. Expenses for the general meeting of fund share holders;
6. Securities, futures and options trading expenses of the Fund;
7. Bank transfer fees, account opening and maintenance fees of the Fund;
8. Listing fees and annual fees of the Fund, registration and settlement fees, IOPV calculation and release fees, and income distribution
Expenses incurred in;
9. Fund account opening fees and account maintenance fees;
10. Other items that may be disbursed from the fund assets in accordance with the relevant provisions of the State and the Fund Contract
cost.
（2） Fund expense accrual method, accrual standard and payment method
1. Management fee of fund manager
The management fee of the Fund is accrued at an annual fee rate of 0.50% of the net asset value of the Fund on the previous day. Calculation of management fee
The method is as follows:
H ＝ E × 0.50% ÷ days of the year
H is the daily accrued fund management fee
E is the net asset value of the fund on the previous day
The fund management fee is accrued daily, accumulated to the end of each month day by day, and paid monthly
After the Fund Custodian and the Fund Manager have verified that there is no error, the Fund Custodian shall negotiate with the Fund Manager in the following month
It shall be paid to the fund manager in a lump sum from the fund property within the first five working days. In case of legal holidays and public holidays
If it is false, the payment date shall be postponed. After the expenses are automatically deducted, the fund manager shall check, if it is found that the data is not
And timely contact the Fund Custodian for settlement.
2. Custody fees of the Fund Custodian
The custody fee of the Fund is accrued at an annual fee rate of 0.10% of the net asset value of the Fund on the previous day. Calculation of custody fee
The calculation method is as follows:
H ＝ E × 0.10% ÷ days of the year
H is the fund custody fee that should be accrued every day
E is the net asset value of the fund on the previous day
The fund custody fee is accrued daily and paid monthly, which is verified by both the fund manager and the fund custodian
After that, the Fund Custodian shall, in accordance with the way agreed with the Fund Manager, withdraw from the Fund within the first 5 working days of the following month
One time withdrawal from property. In case of legal holidays, rest days or force majeure, the payment date shall be postponed. fee
After automatic deduction, the Fund Manager shall check the data and contact the Fund Custodian in a timely manner in case of any discrepancy
Negotiate.
3. Other expenses in the above "(I) Types of fund expenses" except management fees and custody fees
According to the relevant laws and regulations and corresponding agreements, the actual amount of expenses shall be included in or amortized into the current expenses
The custodian shall make payment from the fund property.
5、 Investment direction and investment restrictions of the Fund assets
（1） Investment scope
The Fund mainly invests in the constituent stocks of the underlying index and its alternative constituent stocks (including depositary receipts). For more
To achieve the investment objectives, the Fund can also invest in non constituent stocks (including the Main Board, SME Board, GEM
Other stocks, depositary receipts, bonds (including treasury bonds, central bank bills
Local government bonds, financial bonds, corporate bonds, corporate bonds, subordinated bonds, convertible bonds, exchangeable bonds
Off trade convertible bonds, medium-term notes, short-term financing bonds, ultra short-term financing bonds, government supported institutional bonds, government
Support bonds and other bonds allowed to be invested by the CSRC), money market instruments, stock index futures
Debt futures, stock options, bank deposits (including agreement deposits, call deposits, time deposits and other banks
Bank deposits), inter-bank deposit receipts, asset-backed securities, bond repurchase, cash, laws and regulations or China Securities Regulatory Commission
Other financial instruments permitted by the CSRC to be invested by the Fund (subject to the relevant provisions of the CSRC).
The Fund will participate in the financing and refinancing securities lending business in accordance with laws and regulations.
The proportion of the Fund's investment portfolio: the proportion of investment in the underlying index component stocks and alternative component stocks shall not be low
90% of the net asset value of the fund, and no less than 80% of the non cash fund assets, due to the provisions of laws and regulations
Except for limited circumstances. The Fund deducts stock index futures, treasury bond futures and stock futures at the end of each trading day
After the trading margin required to be paid for the rights contract, it shall keep the cash no less than one time of the trading margin, of which,
Cash does not include provisions for settlement, deposits and subscription receivables.
If laws and regulations or regulatory authorities allow the fund to invest in other varieties or change the investment proportion limit in the future, this
After performing appropriate procedures, the Fund Manager may adjust the investment scope and investment proportion accordingly.
（2） Investment restrictions
The Fund's portfolio should be subject to the following restrictions:
(1) The proportion of the Fund's investment in the underlying index constituent stocks and alternative constituent stocks shall not be less than the net assets of the Fund
90% of the value, and not less than 80% of the non cash fund assets;
(2) The proportion of the Fund's investment in various types of asset-backed securities of the same original equity holder shall not exceed
10% of the net asset value of the Fund;
(3) The market value of all asset-backed securities held by the Fund shall not exceed 20% of the net asset value of the Fund;
(4) The proportion of the same (referring to the same credit rating) asset-backed securities held by the Fund shall not exceed
Over 10% of the size of the asset-backed securities;
(5) All funds managed by the Fund Manager invest in various asset supports of the same original equity holder
Securities shall not exceed 10% of the total size of its various asset-backed securities;
(6) The Fund shall invest in asset-backed securities with a credit rating of BBB or above (including BBB).
During the period when the Fund holds asset-backed securities, if its credit rating declines and it no longer meets the investment standards, it shall be re evaluated
All of them will be sold within 3 months from the date of release of the level report;
(7) The Fund's assets participate in the issuance and subscription of shares, and the amount declared by the Fund does not exceed the total amount of the Fund
Assets, the number of shares declared by the Fund shall not exceed the total number of shares issued by the company to be issued this time;
(8) The fund balance of the Fund entering the national inter-bank market for bond repurchase shall not exceed
40% of the net asset value of gold, and the maximum term of bond repo in the national inter-bank market is one year,
No extension is allowed after the maturity of bond repurchase;
(9) The Fund participates in stock index futures trading and constructs portfolios according to the following standards:
1) At the end of any trading day, the value of stock index futures contracts purchased held by the Fund shall not exceed
10% of net asset value;
2) The value of treasury bond futures and stock index futures contracts held by the Fund at the end of any trading day
The sum of the market value of securities shall not exceed 100% of the net asset value of the fund, of which securities refer to stocks and bonds
Securities (excluding government bonds with maturity of less than one year), asset-backed securities, redemptory financial assets for sale (not
Including pledge repurchase), etc;
3) At the end of any trading day, the value of the sold stock index futures contracts held by the Fund shall not exceed that of the Base
20% of the total market value of shares held by Jin;
4) The market value of stocks held by the Fund and the value of stock index futures contracts purchased and sold, total (netting
Calculation) shall comply with the relevant provisions of the fund contract on the proportion of stock investment;
5) The transaction amount of stock index futures contracts traded by the Fund on any trading day (excluding closing positions)
Shall not exceed 20% of the net asset value of the Fund on the previous trading day;
(10) The Fund's participation in treasury bond futures trading shall comply with the following investment restrictions:
1) At the end of any trading day, the value of treasury bond futures contracts held by the Fund shall not exceed
15% of net asset value;
2) At the end of any trading day, the value of futures contracts for selling treasury bonds held by the Fund shall not exceed that of the Fund
30% of the total market value of bonds held;
3) Transaction amount of treasury bond futures contracts traded by the Fund on any trading day (excluding closing positions)
Shall not exceed 30% of the net asset value of the Fund on the previous trading day;
4) Market value and purchase
The total value of the sold treasury bond futures contract (calculated by netting) should conform to the proportion of bond investment in the fund contract
Relevant agreements of;
(11) At the end of each trading day, deduct the amount of stock index futures, treasury bond futures and stock option contracts that need to be paid
After the trading margin, it shall keep the cash no less than one time of the trading margin;
(12) The total value of the Fund's assets shall not exceed 140% of the Fund's net asset value;
(13) If the Fund participates in financing, at the end of each trading day, the shares purchased for financing held by the Fund and
The sum of the market values of other securities shall not exceed 95% of the net asset value of the fund;
(14) The Fund's participation in refinancing securities lending business shall meet the following requirements:
1) Lending securities assets shall not exceed 30% of the net asset value of the fund, and the lending period shall be 10 trading days
Lending securities listed on shall be classified as restricted liquidity assets;
2) The single securities participating in refinancing securities lending business shall not exceed the total amount of such securities held by the fund
30%；
3) The average daily net asset value of the fund in the latest six months shall not be less than 200 million yuan;
4) The average residual maturity of securities lending shall not exceed 30 days, and the average residual maturity shall be weighted by the market value
Average calculation;
(15) The total market value of the Fund's active investment in liquidity restricted assets shall not exceed the net assets of the Fund
15% of the value; Due to fluctuations in the securities market, stock suspension of listed companies, changes in fund size and other fund managers
If the fund does not meet the limit of this proportion due to other factors, the fund manager shall not actively increase the liquidity restricted capital
Investment in assets;
(16) The Fund, private securities asset management products and other entities recognized by the CSRC are trading pairs
For reverse repurchase transactions, the qualification requirements for acceptable collateral should be consistent with the investment scope agreed in the fund contract
bring into correspondence with;
(17) The total amount of premium paid and received by the Fund due to the outstanding stock option contract shall not exceed the Fund
10% of net asset value; Those who open positions to sell subscription stock options shall hold sufficient underlying securities; opening sale
For put options, the full amount of cash required for contract exercise or the offset period recognized by the rules of the Exchange shall be held
Cash equivalents of rights margin; The par value of the outstanding stock option contract shall not exceed the net asset value of the fund
20%。 The par value of the contract is calculated by multiplying the exercise price by the contract multiplier;
(18) The proportion limit of the Fund's investment in depositary receipts shall be subject to the domestic listed stocks;
(19) Other investment restrictions stipulated by laws and regulations, the CSRC and the Fund Contract.
In addition to the above (6), (14), (15) and (16) cases, due to the fluctuation of the securities market, the futures market
Market fluctuation, consolidation of securities issuers, change in fund size, adjustment of underlying index components, and underlying index components
The investment proportion of the fund does not meet the above requirements due to factors other than the fund manager, such as liquidity restrictions
The fund manager shall adjust the proportion within 10 trading days, but the special
Except in this case. Where laws and regulations provide otherwise, such provisions shall prevail.
Due to fluctuations in securities and futures markets, mergers of securities issuers, changes in fund size and other fund managers
The Fund Manager shall not add refinancing securities if the investment of the Fund does not meet the requirements of Item (14)
Lending business.
The Fund Manager shall, within six months as of the effective date of the Fund Contract, make the proportion of the Fund's investment portfolio conform to
Relevant provisions of the mutual fund contract. During the above period, the investment scope and investment strategy of the Fund shall comply with
Agreement of the Fund Contract. The Fund Custodian's supervision and inspection of the Fund's investment shall commence on the effective date of this Fund Agreement
Start.
Laws and regulations or regulatory authorities cancel the above restrictions or changes. If applicable to the Fund, the Fund Manager shall
After performing the appropriate procedures, the Fund's investment will no longer be subject to the relevant restrictions or the changed provisions.
（3） Prohibited acts
In order to safeguard the legitimate rights and interests of fund share holders, fund assets may not be used for the following investments or activities:
(1) Underwriting securities;
(2) Lending or providing guarantee to others in violation of regulations;
(3) Investment with unlimited liability;
(4) Buying and selling other fund units, except as otherwise stipulated by the CSRC;
(5) Make capital contributions to its fund manager and fund custodian;
(6) Engaging in insider trading, manipulating securities trading prices and other improper securities trading activities;
(7) Other activities prohibited by laws, administrative regulations and the CSRC.
The Fund Manager uses the Fund property to buy and sell the Fund Manager, the Fund Custodian and their controlling shareholders
Securities issued by the controller or a company with a significant stake in it or securities underwritten during the underwriting period, or
Those engaged in other major related party transactions shall comply with the investment objectives and investment strategies of the Fund, and follow the
The principle of giving priority to the interests of quota holders, preventing conflicts of interest, establishing and improving the internal approval mechanism and evaluation mechanism,
Implement according to fair and reasonable market price. Relevant transactions must be approved by the Fund Custodian in advance, and
The laws and regulations are disclosed. Major related party transactions shall be submitted to the Board of Directors of the Fund Manager for review, and two thirds of them shall pass
More than two thirds (including two thirds) of the independent directors passed. The Board of Directors of the Fund Manager shall pay at least half a year
Easy to review.
If the laws, administrative regulations or relevant provisions of the CSRC are modified or changed in the future
The aforesaid investment prohibitions and portfolio proportion restrictions have been modified or cancelled, and the Fund Manager
After performing the corresponding procedures, the Fund may adjust the prohibitions and investment restrictions accordingly.
6、 Calculation method and announcement method of fund net asset value
（1） Net Asset Value of the Fund
The net asset value of the Fund refers to the value of the total assets of the Fund minus the liabilities of the Fund.
（2） Valuation method
1. Valuation of securities listed on stock exchanges
(1) Unless otherwise agreed in this part, the securities (including stocks, etc.) listed on the Exchange,
The valuation shall be based on the market price (closing price) listed on the stock exchange on the valuation date; There is no transaction on the valuation date, and the most recent
There is no significant change in the economic environment after the trading day or the securities issuer has no significant impact on the securities price
In case of an event, the market price (closing price) of the most recent trading day shall be used for valuation; For example, the economic environment occurred after the recent trading day
In case of major changes or major events affecting the securities price of the securities issuer, reference can be made to similar investment varieties
To adjust the market price of the latest transaction and determine the fair price;
(2) Fixed income varieties listed or transferred by the Exchange (unless otherwise specified in this contract),
Select the net valuation price corresponding to the corresponding varieties provided by the third-party valuation agency on the valuation date
The Fund Manager and the Custodian shall negotiate and agree otherwise;
(3) Convertible bonds listed and traded on the Exchange shall be calculated by subtracting the closing price of bonds from the closing price on the valuation date
The net price obtained from the bond interest receivable of; There is no transaction on the valuation date, and the economy after the most recent transaction date
If there is no significant change in the environment, the closing price of bonds on the latest trading day minus the bonds included in the closing price of bonds shall
The net price obtained from interest collection is valued. If the economic environment has changed significantly since the recent trading day, please refer to
Consider the current market price and major change factors of similar investment varieties, adjust the recent transaction market price, and determine the fair price;
The bonds (except convertible bonds) listed on the Exchange and subject to full price trading shall be provided by a third-party valuation agency
The net price obtained by subtracting the bond (after tax) interest receivable included in the full valuation price from the full valuation price.
(4) The fair value of the securities listed on the Exchange without an active market shall be determined by valuation techniques.
The fair value of asset-backed securities listed on the exchange is determined by valuation technology, which is difficult to be reliable
In case of measurement of fair value, it shall be valued at cost.
2. The securities in the unlisted period shall be handled according to the following circumstances:
(1) The new shares issued for stock dividend, conversion, allotment and public issuance shall be listed on the stock exchange on the valuation date
The valuation method of the same stock; If there is no transaction on that day, the market price (closing price) of the latest day shall be used for valuation;
(2) For the initial public offering of unlisted stocks and bonds, the fair value shall be determined using valuation techniques
If it is difficult to reliably measure the fair value by valuation technology, the valuation shall be carried out at cost;
(3) For unlisted or unlisted bonds issued in the exchange market
Under such circumstances, the unadjusted quotation in the active market shall be taken as the fair value on the measurement date for valuation; about
If the active market quotation fails to represent the fair value on the measurement date, the market quotation shall be adjusted and confirmed
Fair value on the measurement date; Valuation is used when there is no or very little market activity
Technical determination of fair value;
(4) Shares with a certain period of restricted sale period (including but not limited to non-public shares
During the initial public offering of shares, the company's shareholders offered shares to the public, and obtained shares with limited sales period through block trading
Notes, excluding tradable restricted stocks such as suspended trading, newly issued unlisted, pledged bonds in repurchase transactions, etc
The fair value is determined according to the relevant regulations of the governing body or industry association.
3. The fixed income varieties without rights in the national inter-bank market are provided by third-party valuation agencies
The estimated net price of the corresponding variety on the current day. For the types of fixed income with rights in the inter-bank market
The only or recommended net valuation price of the corresponding variety provided by the third-party valuation agency on the current day. For with
The fixed income variety of the investor's right to sell back, and the right to sell back is not exercised after the deadline (including the date) of the registration period
The valuation is based on the price corresponding to the long outstanding period. Unlisted in the inter-bank market and third-party valuation agencies
For bonds without valuation price, there is no significant difference between the issuance interest rate and the secondary market interest rate
If there is no significant change in the inter market interest rate, it shall be valued at cost.
4. The fund invests in inter-bank deposit receipts, which are valued at the net valuation price provided by a third-party valuation agency on the valuation date; choose
If the third party valuation agency fails to provide the valuation price, the valuation shall be based on the cost.
5. The Fund's investment in futures contracts is generally valued at the settlement price on the valuation day, and there is no settlement on the valuation day
If the price is calculated and there is no significant change in the economic environment after the latest trading day, the settlement price on the latest trading day shall be used for evaluation
Value.
6. If the same bond is traded in two or more markets at the same time, it shall be evaluated separately according to the market where the bond is located
Value.
7. If the fund participates in the financing and refinancing securities lending business, it shall refer to the relevant laws and regulations and the industry association
The Company will carry out valuation according to relevant regulations to ensure the fairness of valuation.
8. The Fund's investment in stock options is valued in accordance with relevant laws and regulations and the provisions of the regulatory authorities.
9. Taxes
All taxes payable in accordance with Chinese laws and regulations and the laws and regulations of the place where the fund is invested
The Fund will be valued on the accrual basis; For tax regulations adjustment or other reasons
If there is a difference between the actual tax paid by the fund and the estimated tax payable, the fund will
Corresponding valuation adjustment shall be made on the payment date.
10. The valuation of the Fund's investment depositary receipts shall be calculated in accordance with the stocks listed and traded in China.
11. If there is conclusive evidence that the above method of valuation cannot objectively reflect its fair value
The Fund Manager may, after consultation with the Fund Custodian according to the specific circumstances, value at the price that best reflects the fair value.
12. If there are mandatory provisions in relevant laws and regulations and regulatory authorities, such provisions shall prevail. If there are new items,
Valuation according to the latest national regulations.
If the fund manager or the fund custodian finds that the fund valuation violates the valuation method and procedure specified in the fund contract
In case of the provisions of relevant laws and regulations or failure to fully protect the interests of fund share holders, it shall immediately notify
The other party shall jointly find out the cause, and the two parties shall solve it through consultation.
According to relevant laws and regulations, the obligations of the Fund Manager to calculate the net asset value of the Fund and to conduct financial accounting of the Fund are
Undertake. The fund manager is the fund accounting responsible party of the Fund
If no agreement can be reached after full discussion on the basis of equality between relevant parties
The Fund Manager shall publish the calculation results of the net value of the Fund.
（3） Net fund value information
After the Fund Contract comes into force, before the subscription or redemption of fund units begins and is not listed for trading,
The fund manager shall disclose the net value of fund units and the accumulated net value of fund units at least once a week on the prescribed website
Value.
After starting to handle the subscription, redemption or listing of fund units, the fund manager shall
On the next day of the opening day/trading day, disclose through the specified website, fund sales agency website or business outlets
Net value of fund units and accumulated net value of fund units on the opening day/trading day.
The Fund Manager shall disclose the information on the prescribed website no later than the next day after the last day of the half year and the year
Net value of fund units and accumulated net value of fund units on the year and the last day of the year.
7、 Causes and procedures for the dissolution and termination of the Fund contract and the liquidation method of the Fund assets
（1） Changes to the Fund Contract
1. The change of fund contract involves the provisions of laws and regulations or this contract shall be subject to the general meeting of fund share holders
If a resolution is passed, a general meeting of fund unit holders shall be convened to pass the resolution. For laws and regulations and
The Fund Manager and the Fund shall
After the custodian agrees, the change shall be announced and reported to the CSRC for filing.
2. The resolution of the General Meeting of Fund Unitholders on the change of the Fund Contract shall come into force from the date of voting
Effective. After the resolution takes effect, it will be announced in the specified media in accordance with the relevant provisions of the Information Disclosure Measures.
（2） Reasons for Termination of the Fund Contract
Under any of the following circumstances, the Fund Contract shall be terminated after performing the relevant procedures:
1. The General Meeting of Fund Unitholders decides to terminate;
2. The responsibilities of the Fund Manager and the Fund Custodian are terminated, and there are no new Fund Managers or new Fund Custodians within 6 months
Undertaken by the Fund Custodian;
3. Other circumstances stipulated in the Fund Contract;
4. Other circumstances stipulated by relevant laws and regulations and the CSRC.
（3） Liquidation of fund assets
1. Fund asset liquidation team: within 30 working days from the date of termination of the Fund Contract
Establish a liquidation group, and the fund manager shall organize a liquidation group of the fund assets and carry out it under the supervision of the CSRC
Fund liquidation.
2. Composition of the Fund assets liquidation group: the members of the Fund assets liquidation group are the Fund Manager and the Fund Custodian
Custodians, certified public accountants, lawyers who meet the provisions of the Securities Law of the People's Republic of China, and the CSRC
Designated personnel composition. The Fund assets liquidation team may employ necessary staff.
3. Responsibilities of the Fund Assets Liquidation Team: The Fund Assets Liquidation Team is responsible for the custody, liquidation
Valuation, realization and distribution. The fund assets liquidation team may carry out necessary civil activities according to law.
4. Fund asset liquidation procedures:
(1) In case of termination of the Fund Contract, the Fund Property Liquidation Team shall take over the Fund in a unified manner;
(2) Liquidate and confirm the fund assets, claims and debts;
(3) Valuation and realization of fund assets;
(4) Prepare liquidation report;
(5) Engage an accounting firm to conduct external audit on the liquidation report, and engage a law firm to conduct liquidation
The report shall issue a legal opinion;
(6) Submit the liquidation report to the CSRC for filing and announcement;
(7) Distribute the remaining assets of the Fund.
5. The time limit for the liquidation of the Fund's assets is six months, but the liquidity of the securities held by the Fund is limited
If it cannot be realized in time, the liquidation period shall be postponed accordingly.
（4） Liquidation expenses
Liquidation expenses refer to all reasonable expenses incurred by the fund assets liquidation team in the process of fund liquidation
The liquidation expenses shall be paid from the fund assets by the fund assets liquidation group in priority.
（5） Distribution of residual assets in the liquidation of fund assets
Deduct all remaining assets after the liquidation of the Fund assets from the Fund according to the distribution plan for the liquidation of the Fund assets
The fund held by the fund share holder shall be subject to the liquidation expenses, payment of taxes owed and settlement of fund debts
Share proportion.
（6） Announcement of Fund Assets Liquidation
Major issues related to the liquidation process must be announced in a timely manner; The liquidation report of the fund assets is in accordance with
The accounting firm stipulated in the Securities Law of the People's Republic of China shall audit and the legal opinion shall be issued by the law firm and then submitted
The CSRC shall record and announce. The fund assets liquidation announcement shall be submitted to the CSRC in the fund assets liquidation report for filing
The Fund Assets Liquidation Group shall make a public announcement within 5 working days after the case, and the Fund Assets Liquidation Group shall liquidate
The report is published on the specified website, and the suggestive announcement of the liquidation report is published on the specified newspaper.
（7） Preservation of fund assets liquidation books and documents
The fund assets liquidation account book and relevant documents shall be kept by the fund custodian for more than 20 years, unless otherwise required by laws and regulations
Provisions shall be complied with.
8、 Dispute resolution
All parties agree that all disputes arising from or in connection with the Fund Contract
If no settlement can be reached through friendly negotiation, either party has the right to submit the dispute to Shenzhen International Arbitration Court
The arbitration shall be conducted in accordance with the then effective arbitration rules of Shenzhen International Arbitration Court. The place of arbitration shall be Shenzhen. arbitration award
It is final and binding on all parties. Unless otherwise determined by the arbitration award, the arbitration fee shall be borne by the losing party
Dan.
During the dispute settlement period, the parties to the fund contract shall abide by their respective duties and continue to be faithful, diligent and responsible
To perform the obligations specified in the Fund Contract and safeguard the legitimate rights and interests of the Fund Unitholders.
The Fund Contract shall be governed by the laws of China (excluding the laws of Hong Kong, Macao and Taiwan).
9、 Depository of fund contracts and ways for investors to obtain fund contracts
The Fund Contract can be printed in a volume for investors to register with the Fund Manager, Fund Custodian and Sales Agency
For office and business premises.