The change of shareholders and actual controllers of Morgan Fund Management (China) Co., Ltd. (hereinafter referred to as "the Company" or "the Fund Manager") is in accordance with the requirements of the China Securities Regulatory Commission's [Administrative Licensing Service Guide] Examination and Approval of the Change of Shareholders, Major Shareholders or Actual Controllers Holding More than 5% of the Equity of Public Fund Management Companies, Temporary fund manager clauses are added to the fund contracts and custody agreements (if involved) of some funds. The Company will simultaneously revise the prospectus and the summary of fund product information. Relevant matters are hereby announced as follows:
1、 Funds involved in modification this time
No. Fund Name Fund Custodian
1 Morgan Global Emerging Market Hybrid Securities Investment Fund (QDII) China Construction Bank
2 Morgan China Century Flexible Allocation Hybrid Securities Investment Fund (QDII) China Construction Bank
3 Morgan China Advantage Securities Investment Fund China Construction Bank
4 Morgan Money Market Fund China Construction Bank
5 Morgan Alpha Hybrid Securities Investment Fund China Construction Bank
6 Morgan Growth Pioneer Hybrid Securities Investment Fund China Construction Bank
7 Morgan Small and Medium Cap Hybrid Securities Investment Fund China Construction Bank
8 Morgan blue chip equity securities investment fund China Construction Bank
9 Morgan enhanced return bond securities investment fund China Construction Bank
10 Morgan Core Preferred Hybrid Securities Investment Fund China Construction Bank
11 Morgan Zhixuan 30 Hybrid Securities Investment Fund China Construction Bank
12 Morgan's transformation power Flexible allocation of hybrid securities investment fund China Construction Bank
13 Morgan Minsheng Demand Equity Securities Investment Fund China Construction Bank
14 Morgan Tiantianbao Money Market Fund China Construction Bank
15 Morgan Excellence Manufacturing Equity Securities Investment Fund China Construction Bank
16 Morgan Dynamic Multi factor Strategy Flexible Allocation of Hybrid Securities Investment Fund China Construction Bank
17 Morgan Emerging Services Equity Securities Investment Fund China Construction Bank
18 Morgan Healthcare Equity Securities Investment Fund China Construction Bank
19 Morgan Innovative Business Model Flexible Allocation Hybrid Securities Investment Fund China Construction Bank
20 Morgan Sunrise Hybrid Fund (FOF) China Construction Bank
21 Morgan Core Selected Equity Securities Investment Fund China Construction Bank
22 Morgan Leading Preferred Hybrid Securities Investment Fund China Construction Bank
23 Morgan Jincheng Balanced Pension Target Three year Holding Period Hybrid Fund (FOF) China Construction Bank
24 Morgan Jincheng Robust Pension Target One year Holding Period Hybrid Fund (FOF) China Construction Bank
25 Morgan Huijian two-year holding period hybrid securities investment fund China Construction Bank
26 Morgan Advantage Growth Hybrid Securities Investment Fund China Construction Bank
27 Morgan China Bond 1-3 China Development Bank Bond Index Securities Investment Fund China Construction Bank
The above amendments will come into force on October 27, 2023.
2、 Specific conditions for adding temporary fund manager clauses
Since the former shareholders of the Company, Shanghai International Trust Co., Ltd. and JPMorgan Asset Management (UK) Limited, transferred their 51% and 49% shares of the Company respectively to JPMorgan Asset Management Holdings Inc., Morgan Asset Management Holdings Co., Ltd. obtained 100% of the Company's equity, JPMorgan Chase&Co Is the actual controller of the Company. In accordance with the requirements of the China Securities Regulatory Commission's [Guidelines for the Service of Administrative Licensing Matters] Approval of Public Fund Management Companies to Change Shareholders, Major Shareholders or Actual Controllers Holding More than 5% of Equity, the Company undertakes to add relevant provisions for temporary fund managers in the fund contract, Therefore, the fund contract and custody agreement (if involved) of the above funds without temporary fund manager provisions of the Company are revised.
3、 Amendments to the Fund Contract and Custody Agreement
In order to ensure that the above matters comply with the provisions of laws and regulations, the Company has amended the relevant contents of the fund contract and custody agreement of the above funds. The specific amendments can be attached to the "Comparison Table between the Pre and Post Amendment of the" Morgan Global Emerging Market Hybrid Securities Investment Fund (QDII) Fund Contract "and the" Morgan Global Emerging Market Hybrid Securities Investment Fund (QDII) " The Custody Agreement>Table of Comparison before and after the Amendment "is for reference.
4、 Important tips
According to the modification of the above fund contract and custody agreement, the corresponding contents of the prospectus and fund product information summary will also be modified accordingly. For details, please see our website (am.jpmorgan. com/cn) and China Securities Regulatory Commission's fund electronic disclosure website（ http://eid.csrc.gov.cn/fund ）Updated fund contract, custody agreement, prospectus and fund product information summary.
The above amendment has no material adverse effect on fund share holders, nor does it involve any change in the rights and obligations of the parties to the fund contract. In accordance with the relevant laws and regulations and the provisions of the Fund Agreement mentioned above, there is no need to hold a general meeting of Fund Unitholders for relevant amendments.
Investors can call the customer service telephone (400-889-4888) or log on the company's website (am.jpmorgan. com/cn) for relevant information.
Risk warning:
The Fund Manager promises to manage and use the Fund assets in the principle of honesty, credit, diligence and responsibility, but does not guarantee that the Fund will be profitable, nor does it guarantee the minimum return. The past performance of the Fund does not represent its future performance, and the performance of other funds managed by the Fund Manager does not constitute a guarantee for the performance of the Fund. The investment is risky. Investors are kindly requested to carefully read the fund contract, prospectus, fund product information summary and other relevant legal documents of the above funds, and choose investment varieties that are suitable for their own risk tolerance.
It is hereby announced that
Morgan Fund Management (China) Co., Ltd
October 27, 2023
enclosure:
1. Comparison Table before and after the Amendment to the Fund Contract of Morgan Global Emerging Market Hybrid Securities Investment Fund (QDII)
2. Comparison Table before and after the Amendment to the Custody Agreement of Morgan Global Emerging Market Hybrid Securities Investment Fund (QDII)
Annex 1. Comparison Table of the Fund Contract of Morgan Global Emerging Market Hybrid Securities Investment Fund (QDII) before and after the amendment
Before and after chapter modification
Content
9、 Conditions and Procedures for Replacement of Fund Manager and Fund Custodian (I) Replacement of Fund Manager
2. Replacement procedure of fund manager
The replacement of the Fund Manager must be carried out in accordance with the following procedures:
(1) Nomination: The new Fund Manager shall be nominated by the Fund Custodian or by the Fund Unitholders representing 10% or more of the Fund units;
(3) Approval: Before the new fund manager is appointed, the CSRC shall appoint a temporary fund manager. The resolution of the general meeting of the holders of the replacement of the fund manager can be implemented only after it is approved and becomes effective by the CSRC;
(4) Handover: If the duties of the fund manager are terminated, the fund manager shall properly keep the fund management business information, handle the handover procedures of the fund management business in a timely manner, and the new fund manager shall timely accept it;
（1） Replacement of Fund Manager
2. Replacement procedure of fund manager
The replacement of the Fund Manager must be carried out in accordance with the following procedures:
(1) Nomination: The temporary fund manager shall solicit nominations for the new fund manager from the fund custodian and the fund share holders who individually or jointly hold more than 10% (including 10%) of the fund shares. The nominees for the new Fund Manager consist of the nominees nominated by the temporary Fund Manager and the Fund Custodian, and the Fund Unitholders who individually or jointly hold more than 10% (including 10%) of the Fund units;
(3) Approval: Before the new fund manager is appointed, the temporary fund manager shall be nominated by the fund manager, the fund custodian, and the fund share holders who individually or jointly hold more than 10% (including 10%) of the fund shares. The CSRC shall appoint the temporary manager from among the best candidates according to the provisions of the Fund Law. If the fund manager, the fund custodian, or the fund unit holders who individually or jointly hold more than 10% (including 10%) of the fund units are not nominated, the CSRC shall appoint a temporary fund manager. The resolution of the general meeting of the holders of the replacement of the fund manager can be implemented only after it is approved and becomes effective by the CSRC;
(4) Handover and responsibility division: If the responsibilities of the fund manager are terminated, the fund manager shall properly keep the fund management business information, handle the transfer procedures of the fund management business in a timely manner, and the temporary fund manager or the new fund manager shall receive it in a timely manner. The Fund Manager, the Interim Fund Manager and the newly appointed Fund Manager shall be responsible for their respective performance of duties in accordance with the law;
（4） Before the new fund manager accepts the fund management or the new fund custodian or accepts the fund property and fund custody business, the original fund manager or the fund custodian shall continue to perform relevant duties and ensure that the interests of fund share holders will not be damaged. （4） Before the new fund manager or temporary fund manager accepts the fund management or new fund custodian or accepts the fund property and fund custody business, the original fund manager or fund custodian shall continue to perform relevant duties and ensure that the interests of fund share holders will not be damaged.
20、 Change and Termination of Fund Contract and Liquidation of Fund Assets (III) Liquidation of Fund Assets
1. Fund asset liquidation team
(2) The members of the Fund Liquidation Team shall be composed of the Fund Manager, the Fund Custodian, certified public accountants and lawyers qualified to engage in securities and futures related businesses, and personnel designated by the CSRC. The fund liquidation team may employ necessary staff. （3） Liquidation of fund assets
1. Fund asset liquidation team
(2) The members of the fund liquidation team shall be composed of the fund manager or temporary fund manager, the fund custodian, certified public accountants and lawyers qualified to engage in securities and futures related businesses, and personnel designated by the CSRC. The fund liquidation team may employ necessary staff.
Annex 2. Comparison Table of the Pre and Post Amendment to the Custody Agreement of Morgan Global Emerging Market Hybrid Securities Investment Fund (QDII)
Before and after chapter modification
Content
16、 Replacement of Fund Manager and Fund Custodian (I) Replacement of Fund Manager
2. Replacement procedure of fund manager
The replacement of the Fund Manager must be carried out in accordance with the following procedures:
(1) Nomination: The new Fund Manager shall be nominated by the Fund Custodian or the Fund Unitholders who individually or jointly hold more than 10% of the total Fund Units;
(3) Approval: Before the new fund manager is appointed, the CSRC shall appoint a temporary fund manager. The resolution of the general meeting of fund share holders who change the fund manager shall be approved by the CSRC before it becomes effective;
(4) Handover: If the original fund manager's duties are terminated, it shall properly keep the fund management business information and handle the transfer procedures of fund management business in a timely manner. The new fund manager or temporary fund manager shall take over in a timely manner and check the total value of fund assets with the fund custodian;
（1） Replacement of Fund Manager
2. Replacement procedure of fund manager
The replacement of the Fund Manager must be carried out in accordance with the following procedures:
(1) Nomination: The temporary fund manager shall solicit nominations for the new fund manager from the fund custodian and the fund share holders who individually or jointly hold more than 10% (including 10%) of the fund shares. The nominees for the new Fund Manager consist of the nominees nominated by the temporary Fund Manager and the Fund Custodian, and the Fund Unitholders who individually or jointly hold more than 10% (including 10%) of the Fund units;
(3) Approval: Before the new fund manager is appointed, the temporary fund manager shall be nominated by the fund manager, the fund custodian, and the fund share holders who individually or jointly hold more than 10% (including 10%) of the fund shares. The CSRC shall appoint the temporary manager from among the best candidates according to the provisions of the Fund Law. If the Fund Manager, the Fund Custodian, or the Fund Unitholders who individually or jointly hold more than 10% (including 10%) of the Fund Units are not nominated, the CSRC shall appoint a temporary Fund Manager. The resolution of the General Meeting of Fund Unitholders who change the Fund Manager shall be approved by the CSRC before it becomes effective;
(4) Handover and responsibility division: If the original fund manager's duties are terminated, it shall properly keep the fund management business information and handle the transfer procedures of fund management business in a timely manner. The temporary fund manager or the new fund manager or the temporary fund manager shall take over in a timely manner and check the total value of fund assets with the fund custodian. The Fund Manager, the Interim Fund Manager and the newly appointed Fund Manager shall be responsible for their respective performance of duties in accordance with the law;
（6） Before the new fund manager takes over the fund management business or the new fund custodian takes over the fund property and fund custody business, the original fund manager or the original fund custodian shall continue to perform the relevant duties and ensure that they will not commit any act that will damage the interests of fund unit holders. （6） Before the new fund manager or temporary fund manager takes over the fund management business or the new fund custodian takes over the fund property and fund custody business, the original fund manager or the original fund custodian shall continue to perform the relevant duties and ensure that they will not commit any act that will harm the interests of fund share holders.
18、 Change and Termination of Custody Agreement and Liquidation of Fund Assets (III) Liquidation of Fund Assets
1. Fund assets liquidation group
(2) The members of the Fund assets liquidation group shall be composed of the Fund Manager, the Fund Custodian, certified public accountants and lawyers qualified to engage in securities and futures related businesses, and personnel designated by the CSRC. The Fund assets liquidation group may employ necessary staff.
(3) During the liquidation of the Fund assets, the Fund Manager and the Fund Custodian shall perform their respective duties, continue to faithfully, diligently and responsibly perform their obligations under the Fund Agreement and this Custodian Agreement, and safeguard the legitimate rights and interests of the Fund Unitholders. （3） Liquidation of fund assets
1. Fund assets liquidation group
(2) The members of the fund assets liquidation group shall be composed of the fund manager or the temporary fund manager, the fund custodian, the certified public accountant and lawyer qualified to engage in securities and futures related businesses, and the personnel designated by the CSRC. The Fund assets liquidation group may employ necessary staff.
(3) During the liquidation of the Fund assets, the Fund Manager or the Interim Fund Manager and the Fund Custodian shall perform their respective duties, continue to faithfully, diligently and responsibly perform their obligations under the Fund Agreement and this Custodian Agreement, and safeguard the legitimate rights and interests of the Fund Unitholders.