ICBC Credit Suisse Fund Management Co., Ltd
ICBC Credit Suisse Guozheng Hong Kong Stock Connect Technology Trading Open Index Securities
Investment Fund Sponsored Feeder Fund Custody Agreement
Fund manager: ICBC Credit Suisse Fund Management Co., Ltd
Fund Custodian: CSC Securities Co., Ltd
catalog
1、 Parties to the Escrow Agreement four
2、 Basis, purpose, principle and interpretation of custody agreement five
3、 Fund Custodian's Business Supervision and Verification of Fund Manager six
4、 The Fund Manager's business verification of the Fund Custodian ten
5、 Custody of Fund Assets eleven
6、 Sending, confirming and executing instructions thirteen
7、 Transaction, clearing and settlement arrangements sixteen
8、 Calculation and Accounting of Net Asset Value of the Fund eighteen
9、 Fund income distribution twenty-five
10、 Fund information disclosure twenty-six
11、 Fund expenses twenty-seven
12、 Custody of the Register of Fund Unitholders twenty-nine
13、 Preservation of Fund related documents and archives thirty
14、 Replacement of Fund Custodian and Fund Manager thirty-one
15、 Prohibited acts thirty-two
16、 Change and termination of custody agreement and liquidation of fund assets thirty-three
17、 Liability for breach of contract thirty-four
18、 Dispute resolution thirty-five
19、 Effectiveness of the Escrow Agreement thirty-six
20、 Signing of Escrow Agreement thirty-six
Whereas ICBC Credit Suisse Fund Management Co., Ltd. is a legally established and validly existing company in accordance with Chinese laws
Has the qualification and ability to act as a fund manager in accordance with relevant laws and regulations;
Whereas CSC Securities Co., Ltd. is a company legally established and validly existing in accordance with the laws of China
A securities company that has the qualification and ability to act as a fund custodian in accordance with relevant laws and regulations;
Whereas ICBC Credit Suisse Fund Management Co., Ltd. plans to act as the technology trading developer of ICBC Credit Suisse Guozheng Hong Kong Stock Connect
Fund manager of open-end index securities investment fund sponsored feeder fund, China Securities Co., Ltd
The company plans to act as the initiator link of ICBC Credit Suisse Guozheng Hong Kong Stock Connect Technology Trading Open Index Securities Investment Fund
The Fund Custodian of the Fund;
To clarify the launching link of ICBC Credit Suisse Guozheng Hong Kong Stock Connect Technology Trading Open Index Securities Investment Fund
This Agreement is hereby formulated in connection with the rights and obligations between the Fund Manager and the Fund Custodian.
If the Fund implements the side pocket mechanism, please refer to the fund contract and recruitment for relevant arrangements during the implementation of the side pocket mechanism
Specification.
1、 Parties to the Escrow Agreement
（1） Fund manager (or "manager" for short)
Name: ICBC Credit Suisse Fund Management Co., Ltd
Domicile: 901, A-5, 9/F, No. 5 and A-5, Financial Street, Xicheng District, Beijing
Office address: 6-9/F, Block A, Xinsheng Building, No. 5, Financial Street, Xicheng District, Beijing
Postal code: 100033
Legal representative: Zhao Guicai
Date of establishment: June 21, 2005
Approved by: China Securities Regulatory Commission
Approval No. of establishment: CSRC Zhengjian Jiji Zi [2005] No. 93
Organizational form: limited liability company
Registered capital: RMB 200 million
Duration: continuous operation
Business scope: fund raising, fund sales, asset management and other businesses permitted by the CSRC
（2） Fund Custodian (or "Custodian" for short)
Name: CSC Securities Co., Ltd
Address: Building 4, No. 66, Anli Road, Chaoyang District, Beijing
Legal representative: Wang Changqing
Time of establishment: November 2, 2005
Approval authority and approval document number: CSRC, ZJGJZ [2005] No. 112
Organizational form: limited liability company
Registered capital: 7.757 billion yuan
Approval No. of fund custody business: ZJXK [2015] No. 219
Duration: continuous operation
Business scope: securities brokerage; Securities investment consulting; Finance related to securities trading and securities investment activities
Business consultant; Securities underwriting and recommendation; Securities self operation; Securities self operation; Securities asset management; securities investment funds
Consignment; Providing intermediary services for futures companies; Margin trading; Consignment of financial products; Insurance
Concurrent agency business.
2、 Basis, purpose, principle and interpretation of custody agreement
（1） Basis
This agreement is based on the Civil Code of the People's Republic of China and the Securities Investment Fund Law of the People's Republic of China
(hereinafter referred to as the "Fund Law"), the Administrative Measures for the Operation of Publicly Offered Securities Investment Funds (hereinafter referred to as the "Measures")
Referred to as "Operation Measures"), "Management Measures for Information Disclosure of Publicly Offered Securities Investment Funds" (hereinafter referred to as "Management Measures")
Referred to as "Information Disclosure Measures"), "Liquidity Risk Management of Publicly Offered Open ended Securities Investment Funds"
Provisions, other relevant laws and regulations, and ICBC Credit Suisse Guozheng Hong Kong Stock Connect Technology Traded Open Index Securities
Investment Fund Sponsored Feeder Fund Contract (hereinafter referred to as "Fund Contract" or "Fund Contract")
Conclusion.
（2） Purpose
The purpose of entering into this agreement is to clarify the open index securities traded by ICBC Credit Suisse Guozheng Hong Kong Stock Connect Technology
Investment Fund Sponsored Feeder Fund Custodian and ICBC Credit Suisse Guozheng Hong Kong Stock Connect Technology Trading Open ended
Custody, investment operation
Rights, obligations and responsibilities in matters related to net worth calculation, income distribution, information disclosure and mutual supervision,
To ensure the safety of fund assets and protect the legitimate rights and interests of fund share holders.
（3） Principles
The Fund Manager and the Fund Custodian, on the principle of equality, voluntariness, honesty and credibility, sign
This Agreement is entered into.
（4） Interpretation
Unless the context otherwise requires, all terms in this Agreement are the same as those in the Fund Agreement
meaning; In case of any conflict, the Fund Contract shall prevail and be interpreted in accordance with its terms.
3、 The Fund Custodian's business supervision and verification of the Fund Manager
（1） The Fund Custodian operates the following investments in the Fund Manager in accordance with relevant laws and regulations
Supervision:
1. Supervise the investment scope and objects of the Fund.
The Fund mainly invests in target ETF fund shares, underlying index constituent stocks and alternative constituent stocks (including deposits)
Depositary receipts). In addition, in order to better achieve the investment objectives, the Fund may invest a small amount in non constituent stocks (including
Main board, GEM, science and technology innovation board, other Hong Kong Stock Connect investment target stocks and other Chinese securities issued and listed according to law
Stocks and depositary receipts allowed by the Regulatory Commission to be invested by funds), stock index futures, bonds (including government bonds and local governments
Bonds, government supported institutional bonds, financial bonds, corporate bonds, corporate bonds, subordinated bonds, convertible bonds (including points
Off trade convertible bonds), exchangeable bonds, central bank bills, medium-term bills, short-term financing bonds, ultra short-term financing
Bonds), asset-backed securities, bond repo, bank deposits, money market instruments, interbank certificates of deposit, and
Other financial instruments permitted by laws and regulations or the CSRC to be invested by the Fund (subject to the relevant provisions of the CSRC
Regulations).
The Fund may participate in refinancing securities lending business.
If laws and regulations or regulatory authorities allow the fund to invest in other varieties in the future, the fund manager shall perform appropriate
After the procedure, it can be included in the scope of investment.
The proportion of the Fund's investment in the target ETF is not less than 90% of the net asset value of the Fund, and at the end of each trading day
After deducting the trading margin required to be paid for the stock index futures contract, it shall be kept no less than 5% of the net asset value of the fund
Cash or government bonds with a maturity of less than one year, including cash excluding settlement provisions, deposits
Receivable subscription amount, etc.
If permitted by laws and regulations or the CSRC, the fund manager may adjust
State the investment proportion of investment varieties.
2. Supervise the proportion of fund investment and financing.
(1) The proportion of the Fund's investment in the target ETF shall not be less than 90% of the net asset value of the Fund;
(2) At the end of each trading day, after deducting the trading margin required to be paid for the stock index futures contract
Cash less than 5% of the net asset value of the fund or government bonds with a maturity of less than one year, excluding cash
Including settlement provisions, deposits and subscription receivables;
(3) 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;
(4) The market value of all asset-backed securities held by the Fund shall not exceed the net asset value of the Fund
20％；
(5) The proportion of the same (referring to the same credit rating) asset-backed securities held by the Fund shall not exceed
10% of the size of the asset-backed securities;
(6) 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;
(7) 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;
(8) 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;
(9) The total asset value of the Fund shall not exceed 140% of the net asset value of the Fund;
(10) The proportion limit of the Fund's investment in depositary receipts shall be subject to the shares listed and traded in China
Consolidated calculation of shares traded on internal listing;
(11) The Fund's participation in stock index futures trading shall comply with the following investment proportion restrictions:
1) At the end of any trading day, the value of the stock index futures contracts purchased held shall not exceed the fund assets
10% of net worth;
2) At the end of any trading day, the sum of the value of the purchased futures contract held and the market value of the securities does not
It may exceed 100% of the net asset value of the fund, of which securities refer to stocks and bonds (excluding those with a maturity date of
Government bonds within one year), asset-backed securities, redemptory financial assets for sale (excluding pledge repurchase), etc;
3) At the end of any trading day, the value of the sold futures contracts held shall not exceed the shares held by the Fund
20% of the total market value;
4) The trading amount of stock index futures contracts traded (excluding closing positions) in any trading day shall not exceed
20% of the net asset value of the Fund on the previous trading day;
5) Total market value of stocks held by the Fund and the value of stock index futures contracts purchased and sold (netting
It shall comply with the relevant provisions of the fund contract on the proportion of stock investment;
(12) The Fund's participation in refinancing securities lending business shall comply with the following trading restrictions:
1) The assets involved in refinancing securities lending business shall not exceed 30% of the net asset value of the fund
Lending securities limited to more than 10 trading days 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
50%；
3) The average daily net asset value of the fund in the last six months is not 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;
(13) 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;
(14) 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;
(15) Other investment proportion limits stipulated by laws and regulations, CSRC and the Fund Contract
System.
Unless otherwise agreed in (1), (2), (7), (12), (13) and (14) above,
Due to fluctuations in securities and futures markets, mergers of securities issuers, changes in fund size, adjustments in underlying index components
The underlying index component stock liquidity restrictions, target ETF subscription, redemption, transaction suspension or delivery delay
If the investment proportion of the fund does not meet the above stipulated investment proportion due to factors other than the fund manager, the fund manager
The adjustment shall be made within 10 trading days, but otherwise specified by the CSRC or the fund contract
Except as agreed. Due to fluctuations in the securities/futures market, merger of securities issuers, changes in fund size, and target index
Adjustment of several constituent stocks, liquidity restrictions on underlying index constituent stocks, subscription, redemption and trading of target ETFs are suspended
Or delay in settlement and other factors other than the Fund Manager, resulting in the Fund's investment proportion not meeting the requirements of Item (1) above
If the investment proportion is fixed, the fund manager shall make adjustment within 20 trading days, but the CSRC stipulates that
Unless otherwise specified in the fund contract. Due to fluctuations in the securities market, merger of securities issuers
If the fund investment does not comply with the provisions of Item (12) due to factors other than the fund manager, such as fund size changes
The fund manager shall not add any new lending business. Where laws and regulations provide otherwise, such provisions shall prevail.
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. If laws and regulations or regulatory authorities have other provisions, such provisions shall prevail. Fund Custodian to the Fund
The supervision and inspection of the investment of the Fund shall begin from the effective date of the Fund Agreement.
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 shares other than the target ETF, but unless otherwise specified by the CSRC
External;
(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 Fund's investment objectives and investment strategies, and follow the Fund's
The principle of giving priority to the interests of share 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
The above independent directors passed. The Board of Directors of the Fund Manager shall review related party transactions at least every six months.
4. The laws, regulations or regulatory authorities make mandatory adjustments to the above investment restrictions, investment prohibitions, etc
The Fund shall comply with laws and regulations or the provisions of regulatory authorities; For example, laws and regulations or regulatory authorities
Change or adjust the above investment restrictions and prohibitions, and such adjustment or modification is not mandatory,
The Fund Manager has the right to comply with the laws and regulations or the regulations adjusted or modified by the regulatory authorities after performing the appropriate procedures
And shall perform the obligation of information disclosure to investors, but it is not necessary for the general meeting of fund share holders to consider and decide.
5. When the fund holds specific assets and there are or potential large redemption applications, the maximum protection
The Fund Manager shall consult with the Fund Custodian on the principle of the interests of the Fund Unitholders
After the opinion of the accounting firm, the side pocket mechanism can be used in accordance with laws and regulations and the fund contract, without the need to convene
Deliberated by the general meeting of fund share holders.
During the implementation of the side pocket mechanism, the investment portfolio proportion, investment strategy, portfolio restrictions
The performance benchmark, risk return characteristics and other agreements are only applicable to the main bag account.
Implementation conditions, implementation procedures, operation arrangements, investment arrangements and disposal changes of specific assets of side pocket accounts
See the provisions of the Prospectus for details of matters such as cash and payments that have a significant impact on investors' rights and interests.
The Fund Custodian shall, in accordance with the provisions of relevant laws and regulations and the provisions of the Fund Contract and the Prospectus
Supervise the implementation of side pocket mechanism, specific asset disposal and information disclosure.
（2） When a fund participates in refinancing securities lending business, the fund manager shall abide by the principle of prudent operation,
Allocate technical systems and professionals, formulate scientific and reasonable investment strategies and risk management systems, and improve business
Process to effectively prevent and control risks. The Fund Custodian will supervise and review the Fund's participation in lending business.
（3） The Fund Custodian shall, in accordance with the provisions of relevant laws and regulations and the provisions of the Fund Contract
Net value calculation of gold assets, net value calculation of various fund units, receipt of funds receivable, fund expenses and income
The confirmation, fund income distribution and fund performance data published in relevant information disclosure shall be reviewed.
（4） The Fund Custodian discovers that the Fund is under management
In case of violation of the above agreement, the Fund Manager shall timely notify the Fund Manager, who shall timely check and confirm
Acknowledge and send a written reply to the Fund Custodian and make corrections. Within the time limit, the Fund Custodian has the right to
Review the prompt items. The Fund Manager fails to correct the violations prompted by the Fund Custodian within the time limit
If yes, the Fund Custodian shall report to the CSRC in a timely manner.
（5） The Fund Custodian finds that the investment order of the Fund Manager violates the provisions of laws, regulations and this Agreement,
The execution shall be suspended or refused as the case may be, and the Fund Manager shall be promptly notified and in accordance with the provisions of laws and regulations
Report to the CSRC. The Fund Custodian finds that the instructions of the Fund Manager that have become effective in accordance with the trading procedures violate
In case of provisions against laws and regulations or this Agreement, the Fund Manager shall be promptly notified and shall comply with the provisions of laws and regulations
Report to the CSRC in a timely manner.
（6） The Fund Manager shall actively cooperate with and assist the Fund Custodian in its supervision and verification, including but not limited to
On: Reply to the Fund Custodian and make corrections within the specified time, explain the reasonable doubts of the Fund Custodian or
Provide evidence, relevant data and systems, etc.
4、 The Fund Manager's business verification of the Fund Custodian
1. Within the validity period of this Agreement, without violating the principles of fairness and reasonableness and without prejudice to the Fund Custodian
On the basis of abiding by relevant laws and regulations and industry regulatory requirements, the Fund Manager has the right to perform
Conduct necessary verification on the implementation of this Agreement, including but not limited to the Fund Custodian's safe custody base
Financial property, capital account for opening fund property, securities account, futures settlement account and other accounts required for investment
Review the net asset value of the Fund and the net value of various fund units calculated by the Fund Manager, and follow the instructions of the Fund Manager
Conduct clearing and settlement, relevant information disclosure and supervise fund investment operation.
2. The Fund Manager finds that the Fund Custodian misappropriates the Fund assets without authorization and fails to separate the accounts of the Fund assets
Management, failure to execute or delay the execution of fund manager's fund transfer instructions without justified reasons, disclosure of fund investment letter
In case of any violation of laws and regulations, the Fund Contract and the relevant provisions of this Agreement, a written notice shall be given in a timely manner
The Fund Custodian shall make corrections within a time limit. After receiving the notice, the Fund Custodian shall timely check and report to the Fund Custodian in writing
The manager sends a reply. Within the time limit specified above, the Fund Manager has the right to review the notice at any time,
Urge the Fund Custodian to make corrections. The Fund Custodian fails to comply with the above provisions on the violations notified by the Fund Manager
In case of correction within the time limit, the fund manager shall report to the CSRC in accordance with the provisions of laws and regulations.
3. The Fund Custodian shall actively cooperate with the Fund Manager in its verification activities, including but not limited to:
Relevant information for the Fund Manager to verify the integrity and authenticity of the custody property and reply to the Fund within the specified time
Manager and correct.
5、 Custody of fund assets
（1） Principles of Fund Property Custody
1. The Fund property shall be independent of the inherent property of the Fund Manager and the Fund Custodian.
2. The Fund Custodian shall keep the Fund assets in a safe manner without the legal compliance instructions or laws of the Fund Manager
As otherwise stipulated in laws and regulations, the Fund Contract and this Agreement, the Fund shall not be used, disposed of or distributed on its own
He Property.
3. The Fund Custodian shall open the custody account, securities account and futures settlement account of the Fund assets in accordance with the provisions
Account required for investment.
4. The Fund Custodian shall set up separate accounts for different fund assets under its custody to ensure the completion of fund assets
Integration and independence.
5. Except in accordance with the Fund Law, the Operation Measures, the Fund Contract and other relevant laws and regulations
In addition to the provisions, the Fund Custodian shall not entrust a third person to trust the Fund assets.
（2） Capital verification and entry of raised funds before the fund contract takes effect
1. When the fund raising period expires or the fund manager announces to stop raising, the amount of subscription, distribution of
Where the fund provider and its commitment holding period comply with the Fund Law, the Operation Measures and other relevant provisions,
The Fund Manager shall, within the statutory time limit, employ an accounting firm that complies with the provisions of the Securities Law of the People's Republic of China
The financial office shall verify the capital of the fund and issue a capital verification report, which shall include the originator and its holding
The shares are specified. The capital verification report issued shall be registered by more than 2 (including 2) participants
It is valid only when the accountant signs.
2. The Fund Manager shall transfer all funds belonging to the Fund property to the Fund Custodian as the base
In the fund custody account opened by Jin, ensure that the funds transferred in are consistent with the amount confirmed in the capital verification.
3. If the Fund Raising Period expires and the conditions for the Fund Contract to come into effect are not met, the Fund will manage it
The Fund Custodian shall provide necessary assistance and cooperation when the Fund Custodian handles the refund matters in accordance with the provisions.
（3） Opening and management of the fund's custody account
1. The Fund Custodian shall be responsible for the opening and management of the Fund's custody account.
2. The Fund Custodian shall open a custody account of the Fund in the name of the Fund, and the account name shall be the actual account
Shall prevail. The Bank Reserved Seal of the Fund shall be kept and used by the Fund Custodian. All monetary receipts of the Fund
Activities, including but not limited to investment, payment of redemption amount, payment of fund income and collection of subscription amount, shall
Through the custody account of the Fund.
3. The opening and use of the Fund's custody account shall be limited to meet the needs of conducting the Fund's business. fund
The Custodian and the Fund Manager shall not open any other custody account in the name of the Fund; And shall not be used
The custodian account of the Fund conducts activities other than the business of the Fund.
4. The management of the fund custody account shall comply with the relevant provisions of laws and regulations.
（4） Opening and management of accounts for fixed deposit investment of the Fund
The Fund Manager shall open in the name of the Fund at the designated business outlet of a deposit bank recognized by the Fund Custodian
For the deposit account, the fund custodian shall be responsible for the custody and use of the bank reserved seal of the account. Open in the above account
In the process of changing the information related to the account, the Fund Manager shall provide the Fund Custodian with an account opening or account change in advance
More relevant information required.
（5） Opening and management of fund securities accounts, settlement reserve accounts and other investment accounts
1. The Fund Custodian shall, on behalf of the Fund, jointly name the Fund Custodian and the Fund in China
A securities registration and clearing limited liability company shall open a securities account.
2. The opening and use of the Fund's securities account shall be limited to meeting the needs of conducting the Fund's business. fund
The Custodian and the Fund Manager shall not lend or transfer the securities account of the Fund, nor use the certificate of the Fund
The securities account conducts activities other than the fund business.
3. The Fund Custodian shall open a settlement in the name of its own legal person in China Securities Depository and Clearing Co., Ltd
The reserve account is used to handle the securities transaction of all funds under the custody of the Fund Custodian, including the Fund
The capital settlement business involved in securities investment conducted by the Exchange. The collection of settlement provisions shall be subject to the registration of Chinese securities
The provisions of the Clearing Company Limited shall be implemented.
4. After the effective date of this Custodian Agreement, the Fund is allowed to engage in investment business of other investment varieties
If it involves the opening and use of relevant accounts, if there are no relevant provisions, the Fund Custodian shall refer to them and comply with them
Observe the above regulations on account opening and use.
5. Other accounts opened for business development may be opened in accordance with laws and regulations and the Fund Contract
Shall be opened after the Fund Manager and the Fund Custodian have discussed. The new account shall be used and managed according to relevant rules.
6. If laws and regulations and other relevant provisions provide otherwise for the opening and management of relevant accounts, such provisions shall prevail
Li.
（6） Opening and management of bond custody account
After the fund contract comes into effect, the fund manager is responsible for applying in the name of the fund and obtaining access to national inter-bank
Trading qualification of the interbank borrowing market and trading on behalf of the Fund; The fund manager shall be responsible for reporting to the Chinese people
After the above procedures are completed, the Fund Custodian shall be responsible for the registration of the central government bonds in the name of the Fund
Registration and clearing limited liability company and inter-bank market clearing house Co., Ltd. open inter-bank bond market
The bond custody account, and the clearing of bonds and funds in the inter-bank bond market on behalf of the Fund.
（7） Custody of relevant valuable certificates of fund property investment
The Fund Custodian shall be responsible for the physical securities invested by the Fund assets, certificates of deposit of fixed deposits and other valuable certificates
Keep it properly. The Fund Custodian shall not be liable for the valuable certificates actually and effectively controlled by institutions other than the Fund Custodian.
（8） Custody of major contracts and relevant vouchers related to fund assets
The Fund Custodian shall, in accordance with laws and regulations, keep the fund related documents signed by the Fund Manager on behalf of the Fund
Major contracts and relevant vouchers. The Fund Manager shall, after signing relevant major contracts on behalf of the Fund
One original shall be submitted to the Fund Custodian within 30 days. Except as otherwise provided in this Agreement, the Fund
When signing major contracts related to the Fund on behalf of the Fund, the Manager shall ensure that one party of the Fund holds more than two copies
So that the Fund Manager and the Fund Custodian each hold at least one original. Major contracts are
The Fund Manager and the Fund Custodian shall keep their respective funds for no less than the minimum period prescribed by laws and regulations.
If it is impossible to obtain more than two originals, the Fund Manager shall provide the Fund Custodian with
The copy of the contract shall not be transferred without the negotiation of both parties or within the scope of the contract.
6、 Sending, confirmation and execution of instructions
（1） Written authorization of the Fund Manager to the personnel who send instructions
1. The Fund Manager shall send a written notice (hereinafter referred to as "authorization notice") to the Fund Custodian in advance,
State the name list of the authorized persons of the fund manager, specimen of signature, authority, duration and reserved seal. Authorization Notice
The Fund Manager shall affix its official seal to the documents of.
2. After the Fund Manager sends the authorization notice to the Fund Custodian, it shall promptly communicate with the Fund Custodian by telephone
To ensure that the Fund Custodian can check and receive it in a timely manner. The authorization notice is received from the Fund Custodian upon confirmation
It shall come into force after the effective time specified in the authorization notice (if the time when the fund custodian receives the authorization notice is later than the authorization time
If the notice specifies the effective time, the authorization notice will take effect from the time when the Fund Custodian confirms receipt of the authorization notice,
The same below).
3. The Fund Manager shall authorize the Fund Custodian within three working days after confirming the authorization notice by telephone
The original of the notice shall be delivered to the Fund Custodian. The Fund Manager shall ensure that the original and scanned copies or faxes of the authorization notice
Pieces are consistent. If the content of the original authorization notice is inconsistent with the scanned or faxed copy received by the Fund Custodian
The effective scanned or faxed copies received by the Fund Custodian shall prevail.
（2） Content of instructions
The instruction refers to the fund transfer and investment issued by the fund manager to the fund custodian when operating the fund property
Instruction. The instructions issued by the Fund Manager to the Fund Custodian shall specify the reason for the payment, the time of payment, the time of receipt
The amount, account, etc. shall be stamped with the reserved seal and signed by the authorized person. Relevant registration and clearing companies deposit funds
The settlement notice sent by the Fund Manager shall be deemed as an instruction sent by the Fund Manager to the Fund Custodian.
（3） Sending, confirmation and execution of instructions
1. The instructions shall be sent by fax on behalf of the fund manager by the instruction sender specified in the "Authorization Notice"
Or other methods confirmed by both parties to the Fund Custodian. The Fund Manager is obliged to send instructions in a timely manner
Confirmed with the Fund Custodian, because the Fund Manager failed to confirm the instructions with the Fund Custodian in time
The fund manager shall bear the losses caused by the failure of funds to arrive in the account in time. For those sent by the instruction sender
The fund manager shall not deny its effectiveness. However, if the fund manager has revoked or changed the order
If the Fund Custodian has received the notice, then the person who sends the order has no right to
The Fund Manager shall not be liable for the instructions sent or those sent beyond its authority.
2. The Fund Manager shall comply with the Fund Law, the Operating Measures, the Fund Contract and relevant laws
According to the provisions of laws and regulations, within its legal business authority and transaction authority, and in accordance with relevant business rules
Order. After the order is issued, the Fund Manager shall notify the Fund Custodian by telephone in a timely manner.
3. The fund manager's fund transfer instructions to the fund custodian shall specify the reason, time
Amount, withdrawal and collection account information, etc. Whether the Fund Custodian should respond to the elements of the order when receiving the order
Check whether the seal is complete and consistent with the authorization notice,
The Fund Custodian shall execute within the specified time limit without reasonable delay. The Fund Custodian has the right to require the Fund to be managed
The Manager shall provide relevant transaction vouchers, contracts or other effective accounting materials to ensure that the Fund Custodian has sufficient
Data to determine the validity of the command. The Fund Manager shall guarantee the authenticity, effectiveness
Complete, accurate and legal, without any major omission or false or misleading statement; The Fund Custodian
Documents and materials are only subject to formal review, and no substantive judgment is made on their authenticity and effectiveness, and no responsibility is assumed
Ren.
If the elements of the order issued by the Fund Manager are incomplete or ambiguous, the Fund Custodian has the right not to execute it,
And immediately return the instruction to the fund manager after the corresponding explanation is annotated, and any consequences or responsibilities arising therefrom,
The Fund Custodian shall not bear any responsibility.
4. When sending instructions, the Fund Manager shall set aside 2 working hours for the Fund Custodian to execute the instructions
The time required to execute the instruction for. The instruction is not transmitted in time, and not enough execution time is reserved for fund management
The fund manager shall bear the losses caused by the failure to implement the order in time due to the reason of the manager.
（4） The circumstances and handling procedures of the Fund Manager sending wrong instructions
The circumstances in which the fund manager sends wrong instructions mainly include: wrong instruction elements, incomplete instruction elements or
The meaning is ambiguous, and there is no instruction of investment behavior, error of reserved seal, etc.
The Fund Custodian has the right to refuse to execute the instructions of the Fund Manager when it finds them to be wrong and notify the Fund in a timely manner
The administrator corrects. The Fund Custodian shall not bear any consequences or liabilities arising therefrom.
The Fund Custodian shall timely check, confirm and implement the instructions corrected and re sent by the Fund Manager.
（5） The Fund Custodian's refusal to execute the order in accordance with laws and regulations and the handling procedures
The Fund Custodian finds that the instructions of the Fund Manager violate laws and regulations or the Fund Agreement
As agreed in the agreement, it shall not be implemented, and the Fund Manager shall be notified in a timely manner to request it to change or revoke the relevant instructions,
If the Fund Manager has not changed or revoked the relevant instructions after the Fund Custodian sends the above notice, the Fund Custody
A person shall refuse to execute the contract and report to the CSRC.
When giving instructions to the Fund Custodian, the Fund Manager shall ensure that the bank deposit account of the Fund has sufficient
The fund balance shall ensure that the fund's securities account has sufficient securities balance. Instructions for excess positions and excess positions
The Fund Custodian may refuse to execute the instruction of the securities balance in the securities account, but shall notify the Fund Manager in a timely manner,
The losses caused thereby shall be borne by the Fund Manager.
（6） The handling method for the Fund Custodian's failure to follow the instructions of the Fund Manager
The Fund Custodian's failure to correctly implement the lawful and compliant instructions of the Fund Manager has caused the interests of the Fund to suffer
In case of damage, the Fund Custodian shall be liable for compensation for direct losses. In addition, the Fund Custodian
The legal compliance instructions of the Fund Manager shall not bear any responsibility for the losses caused by the Fund.
（7） Change of authorized person and authority
If the fund manager modifies the content of the authorization notice (including but not limited to the name of the person who sends the order)
The Fund Custodian shall be notified at least one working day in advance of the amendment of the order and/or the amendment of the authority); repair
The document of the notice of change of authorization shall be affixed with the official seal of the fund manager. The Fund Manager shall amend the notice of authorization
It shall be sent to the Fund Custodian by fax and confirmed by telephone at the same time. Fund manager delegation
The amendment of the content of the Notice of Rights shall take effect from the effective time specified in the Notice after confirmation by telephone with the Fund Custodian.
The Fund Manager shall send the original of the document amending the notice of authorization to the Fund Custodian within three working days thereafter.
If the original content of the notice of authorization is inconsistent with the scanned or faxed copy received by the Fund Custodian
The effective scanning copy or fax copy received by the custodian shall prevail.
（8） Relevant responsibilities
The Fund Custodian shall timely and correctly implement the Fund Manager's compliance with this Agreement and the Fund Contract, and legal compliance
The Fund Custodian shall not bear any liability in any form for any loss of the Fund property caused by the fund transfer instruction specified in the Regulations. On the positive side
Failure to implement timely or correctly due to the Fund Custodian within the time specified in the regular business acceptance channels and instructions
If the bank complies with the provisions of this Agreement and the fund contract and the legal and compliant transfer order, resulting in damage to the fund property
The fund custodian shall bear corresponding responsibilities, but the balance of the custody account and other accounts is insufficient or the fund custodian encounters
Force majeure and other circumstances not attributable to the custodian are excluded.
If the fund manager's transfer instructions are in fact unauthorized, fraudulent, forged or managed by the fund
The manager failed to provide the reserved seal and signature sample of the transfer instruction personnel on time, which was not caused by the fund custodian
In case of loss, the Fund Custodian shall not be liable for giving the Fund Manager or the Fund Assets due to the correct execution of relevant instructions
Property or any third party.
7、 Transaction, clearing and settlement arrangements
（1） The Fund Manager shall be responsible for selecting the securities and futures trading machines that act as agents for the securities and futures trading of the Fund
Structure.
1. Procedures for selecting securities operating institutions to act as agents for securities trading
The Fund Manager shall determine the selection of securities operating institutions after investigation according to relevant standards. Fund manager
Sign a transaction unit lease agreement with the selected securities operating agency, and send it to China in accordance with laws and regulations
CSRC report. The Fund Manager shall timely deliver the original of the transaction unit lease agreement to the Fund Custodian.
2. Notice of relevant information
The Fund Manager shall promptly notify the Fund Custodian in writing of the number and securities of the Fund Special Trading Unit
The name of the firm, commission rate and other basic information of the fund, as well as changes, in which the rental of trading units should be at least the first
The Fund Custodian shall be notified 10 working days before the next transaction, and the transaction unit shall be notified within the next day
Fund Custodian.
3. The Fund Manager is responsible for selecting the futures brokerage institutions that act as agents for the futures trading of the Fund and signing agreements with them
The futures brokerage contract and other matters shall be executed in accordance with the relevant provisions of laws and regulations and the Fund Contract, if not specified
If it is clearly stipulated, it may be implemented with reference to the rules on securities trading and the selection of securities brokerage institutions.
（2） Fund settlement
1. The clearing and settlement of all over-the-counter and over-the-counter transactions arising from the Fund's investment in securities shall be
The custodian is responsible for handling according to the settlement rules of the relevant registration and clearing company.
2. Overdraft, overbought or oversold of fund funds due to fund manager or fund custodian
The responsible party shall bear the corresponding responsibility. The Fund Manager agrees to place the Fund in custody in the event of the above circumstances
It shall be handled in accordance with the relevant provisions of China Securities Depository and Clearing Corporation Limited.
3. If the Fund fails to pay the liquidation amount on time due to the Fund Manager or the Fund Custodian
Either party shall bear the corresponding compensation liability for the losses caused to the Fund property.
4. The Fund Manager shall ensure that the fund custody account has sufficient funds
The funds are used for the clearing of securities trading funds of the Exchange. If the fund's capital position is insufficient, the fund custodian shall
It shall be handled in accordance with the relevant provisions of China Securities Depository and Clearing Corporation Limited.
5. The Fund Manager shall ensure that when the Fund Custodian executes the transfer instruction sent by the Fund Manager
There is sufficient funds in the fund custody account or fund settlement account. When the fund's capital position is insufficient, the fund shall be placed in custody
I have the right to refuse the transfer instruction sent by the fund manager, and the fund manager shall be responsible for the loss caused thereby
Reimbursement. The Fund Manager shall give full consideration to the Fund Custodian's transfer processing time when sending the transfer instruction. about
The order requiring payment on the same day shall be sent before 15:00 on the same day; If the account is required to be received at a certain time of the day, then
The instruction shall be sent 2 working hours in advance, and the relevant payment conditions have been met.
For the business of China Securities Depository and Clearing Corporation Limited implementing T+0 non guaranteed settlement, fund management
The person shall send the transfer instruction to the fund custodian before 14:00 on the trading day.
Due to the untimely transmission of the fund manager's instructions, the funds could not be transferred into China's securities registration and settlement in time
The losses caused by the limited liability company shall be borne by the fund manager, including compensation for other custody in Shenzhen market
Customer's transaction failure and compensation for occupying the minimum reserve of China Securities Depository and Clearing Corporation Limited Shenzhen Branch
Loss of interest incurred. Under the condition that the fund fund position is sufficient, the fund custodian meets the requirements of the fund manager
The instructions of laws and regulations, the Fund Contract and this Agreement shall not be executed without reasonable delay or refusal.
（3） Reconciliation of funds, securities accounts and transaction records
The Fund Manager and the Fund Custodian shall check the funds, securities accounts and transaction records of the Fund.
（4） Basic Provisions on Fund Purchase, Redemption and Conversion
1. On T day, investors apply for fund subscription, redemption and conversion, and the fund manager and fund custody
The net asset value of the fund and the net value of various fund units shall be calculated and checked respectively.
2. On T+1 day, the registration institution calculates the subscription units and redemption amount according to the net value of various fund units on T day
And share conversion, updating the database of fund share holders; And send the confirmed subscription, redemption and conversion data to
Transmitted by the Fund Custodian and the Fund Manager. The Fund Manager and the Fund Custodian conduct accounting according to the confirmed data
handle.
3. The fund clearing between the fund custody account and the "fund clearing account" follows the principle of "full settlement, net amount
The principle of "settlement", that is, according to the receivable amount of the trusteeship account on the current day (including subscription funds and fund transfer in funds)
From the difference with the amount payable in the custody account (including redemption fund, redemption fee, fund conversion transfer out and conversion fee)
Determine the net receivable amount or net payable amount of the trusteeship account to determine the capital delivery amount. When there is a net account receivable
When collecting the amount, the fund manager is responsible for transferring the net receivable amount of the escrow account from the "fund clearing account" before 15:00 on the settlement date
Account to the fund custody account; When there is a net payable amount in the custody account, the fund custodian shall
The net payable amount of the escrow account shall be transferred to the "Fund Liquidation Account" before 12:00 on the settlement date in accordance with the transfer instruction of.
4. The Fund Manager failed to remit the amount receivable of the "Fund Clearing Account" in full and in time to
The custodian account of the fund, and the responsibilities arising therefrom shall be borne by the fund manager; The Fund Custodian fails to press the above
It is agreed that the payable amount of the escrow account shall be remitted to the "fund clearing account" in full and in time, and the resulting liability shall
It shall be borne by the Fund Custodian.
5. The Fund Manager shall transmit the data of subscription, redemption and conversion of open-ended funds on each open day
To the Fund Custodian. The Fund Manager shall be true to the data of subscription, redemption and conversion of open-ended funds transmitted
Sexual responsibility. The Fund Custodian shall timely check the receipt of subscription funds and timely follow the instructions of the Fund Manager
Transfer redemption money.
8、 Calculation and accounting of fund net asset value
（1） Calculation of the net asset value of the Fund
1. Time and procedure for calculating and reviewing the 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.
The net value of various fund units is calculated by dividing the net value of various fund assets by the current
The balance of Class A fund units shall be calculated to the nearest 0.0001 yuan and rounded to the fifth decimal place.
The Fund Manager may establish an emergency adjustment mechanism for the accuracy of net worth in the case of large redemption. If the state otherwise stipulates,
From its provisions.
The Fund Manager shall value the assets of the Fund on each valuation date. However, the Fund Manager shall, in accordance with laws, regulations or
Except when the valuation is suspended as stipulated in the fund contract. The valuation principle shall comply with the Fund Contract and the Securities Investment Base
Financial Accounting Business Guidelines and other laws and regulations. Net asset value of the fund and various fund shares
The net value shall be calculated by the Fund Manager and reviewed by the Fund Custodian. The Fund Manager shall trade on each valuation date
After that, the net value of the Fund units on the current day shall be calculated and sent to the Fund Custodian in a manner agreed by both parties. Gikinto
The custodian shall review the net value calculation result and send it to the fund manager in a way agreed by both parties
The net value of the fund shall be announced as required.
According to the Fund Law, the main obligations for the calculation of the net value of the Fund and the accounting of the Fund are assumed by the Fund Manager
The Fund Manager shall calculate and announce the net value of the Fund, and the Fund Custodian shall review and examine the calculation of the Fund Manager
Net value of the Fund. Therefore, the accounting responsible party of the Fund is the Fund Manager
If the two sides cannot reach an agreement after full discussion on the basis of equality
The results of the calculation of the net value of the Fund shall be published to the public. Mandatory provisions of laws, regulations and regulatory authorities
The provisions shall prevail. In case of any new items, the valuation shall be conducted according to the latest national regulations.
（2） Fund asset valuation method
1. Valuation object
Target ETF fund shares, stocks, bonds, stock index futures contracts and asset-backed certificates owned by the fund
Assets and liabilities such as bonds, principal and interest of bank deposits, accounts receivable and other investments.
2. 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.
3. Valuation method
The valuation method of the Fund is:
(1) Valuation of target ETF
The target ETF invested by the Fund is valued according to the net value of the target ETF's fund shares on the valuation date, such as
The unpublished net value of the target ETF shall be valued according to the latest published net value of the target ETF. If the Fund Manager recognizes that
In order to objectively reflect the fair value of the above fund unit net value, the fund manager may, according to the specific circumstances
After consultation with the Fund Custodian, it shall be valued at the price that best reflects its fair value.
(2) Valuation of securities listed on stock exchanges
1) Securities (including stocks, etc.) listed on the stock exchange shall be listed on the stock exchange on the valuation date
Valuation of market price (closing price); There is no transaction on the valuation date, and there is no significant economic environment after the most recent transaction date
In case of change or no major event affecting the securities price occurs to the securities issuer, the market price of the latest trading day shall be used
(closing price) valuation; If the economic environment has changed significantly after the recent trading day or the securities issuer has
In case of major events affecting the securities price, the current market price and major change factors of similar investment varieties can be referred to,
Adjust the market price of the latest transaction to determine the fair price.
2) The varieties of fixed income without rights that are listed or transferred by the Exchange (unless otherwise specified),
Select the net valuation price of the corresponding varieties provided by the third-party valuation agency on the valuation date for valuation.
3) The varieties of fixed income with rights that are listed or transferred by the Exchange (unless otherwise specified),
Select the unique or recommended net valuation price of the corresponding varieties provided by the third-party valuation agency on the valuation date
Price.
4) For convertible bonds listed and traded in the exchange market, the daily closing price is selected as the full valuation price;
The bonds listed on the Exchange that are not subject to net price trading shall be based on the closing price on the valuation date or the similar price provided by a third-party valuation agency
The estimated full price of the corresponding variety on the current day minus the bond closing price or the bond interest receivable included in the estimated full price
At a net price.
5) 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 and transferred in the exchange market shall be determined by valuation techniques.
6) For unlisted or unlisted bonds issued in the exchange market, and for the existence of an active market
In this case, the unadjusted quotation in the active market shall be taken as the fair value on the valuation date; For active market reports
If the price fails to represent the fair value on the valuation date, the market quotation shall be adjusted to confirm the fair value on the valuation date
Allowable value; In the case of no or few market activities, valuation techniques should be used to determine
Fair value.
7) If the Fund participates in refinancing securities lending business, it shall comply with relevant laws, regulations and industry associations
Provision for valuation.
(3) Securities in the period of restricted circulation shall be handled according to the following circumstances:
1) The new shares issued by the company on the valuation date are listed on the stock exchange
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 is determined by valuation techniques, and is under valuation
If it is difficult to reliably measure the fair value by value technology, it shall be valued at cost;
3) The shares with a certain period of restricted sale shall be specified at the time of issuance, including but not limited to non-public issuance of 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.
(4) For the fixed income varieties without rights in the national inter-bank market, it shall be withdrawn according to the third-party valuation agency
The estimated net price of the corresponding varieties provided 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. about
Fixed income varieties including the investor's right to sell back, and the right to sell back has not been exercised after the deadline for the registration of the sell back (including the date)
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.
(5) If the same security is traded in two or more markets at the same time, it shall be separately based on the market in which the security is located
Valuation.
(6) The Fund's investment in stock index futures contracts is generally valued at the settlement price on the valuation date
If there is no settlement price on the day, and there is no significant change in the economic environment after the latest trading day, the latest trading day settlement shall be adopted
Valuation. The settlement price and settlement rules of the day shall be subject to the Detailed Rules for Settlement of China Financial Futures Exchange.
(7) The Fund's investment in inter-bank deposit receipts is valued at the net valuation price provided by a third-party valuation agency on the valuation date;
If the selected third-party valuation agency does not provide a valuation price, it shall be valued at cost.
(8) The exchange rate of major currencies against RMB involved in the valuation of foreign currency securities assets held by Hong Kong Stock Connect Investment,
The central parity rate of RMB exchange rate published by the People's Bank of China or its authorized institution on the valuation date or other factors that can reflect the public interest rate
The exchange rate of allowable value shall prevail.
(9) The valuation of the Fund's investment depositary receipts shall be calculated in accordance with the stocks listed and traded in China.
(10) In case of large amount purchase or redemption of the Fund, the Fund Manager may use the swing pricing machine
To ensure the fairness of fund valuation, and the specific handling principles and operating specifications comply with relevant laws, regulations and
Provisions of regulatory authorities and self-discipline rules.
(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, estimate at the price that best reflects the fair value
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） Valuation error handling
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 the net value of any type of fund unit is within 4 decimal places (including the 4th decimal place)
If the value is wrong, it shall be deemed that the net value of such fund units is wrong.
The parties to the 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 or the Fund Custodian, or the registration authority, or
If the error in valuation is caused by the fault of the selling institution or the investor itself, causing losses to other parties, the fault
The person responsible for the loss of the party ("the injured party") who suffered losses due to the valuation error shall
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 valuation error liability
Either party shall compensate the loss of the injured party, and within the scope of the compensation amount paid by it
The parties have the right to demand the delivery of unjust enrichment; If the party who has obtained unjust enrichment has excluded this part
When the profits are returned to the aggrieved party, the aggrieved party shall add the amount of compensation it has already received to the amount of improper
The difference between the total return of profits 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 agency according to the method of handling valuation errors
The gold registration authority 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 any type of fund unit, the Fund Manager shall immediately correct it,
Inform the Fund Custodian and take reasonable measures to prevent further losses.
(2) When the error deviation reaches 0.25% of the net value of such fund units, the Fund Manager shall notify the Fund Manager that
The fund custodian shall also report to the CSRC for filing; When the error deviation reaches 0.5% of the net value of such fund units
The fund manager shall make an announcement, notify the fund custodian and report to the CSRC for the 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 resulting from the calculation error of the net value of fund shares shall be caused 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.
（4） Establishment of fund account book
After the Fund Agreement comes into force, the Fund Manager and the Fund Custodian shall follow the same record agreed by both parties
Accounting method and accounting treatment principle, independently set up, record and keep the full set of account books of the Fund
Party A's respective account books shall be regularly checked and mutually supervised to ensure the safety of fund assets. If both parties
If there are differences in the handling method, the handling method of the Fund Manager shall prevail.
If the accounts of both parties are found to be inconsistent after reconciliation, the Fund Manager and the Fund Custodian must find out in a timely manner
The reason shall be corrected to ensure that the records of the account books recorded in parallel by both parties are completely consistent. If the check on the current day is inconsistent, temporarily none
If the reason for the wrong account is found through legal check, which affects the calculation and announcement of the fund net value information, the fund manager's account
Volume shall prevail.
（5） Preparation and review of regular reports of the Fund
The financial statements of the Fund shall be independently prepared by the Fund Manager and the Fund Custodian. Preparation of monthly statements,
It shall be completed within 5 working days after the end of each month.
After the Fund Contract comes into force, if the information in the Prospectus of the Fund changes significantly, the Fund Manager
The prospectus shall be updated and published on the specified website within three working days; Fund recruitment description
If other information in the book changes, the fund manager shall update it at least once a year. If the fund terminates its operation, the fund
The Manager will no longer update the Prospectus of the Fund.
The Fund Manager shall complete the quarterly report of the Fund within 15 working days from the end of the quarter,
Publish the quarterly report on the specified website, and publish the suggestive announcement of the quarterly report on the specified newspaper.
The Fund Manager shall, within two months from the end of the first half of the year, prepare the interim report of the Fund and
The interim report is published on the specified website, and the suggestive announcement of the interim report is published on the specified newspaper.
The Fund Manager shall complete the annual report of the Fund within three months from the end of each year
The annual report is published on the specified website, and the advisory announcement of the annual report is published on the specified newspaper.
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.
On the day when the monthly statements are completed, the Fund Manager shall send encrypted faxes or other fund custodians and funds
The relevant statements shall be submitted to the Fund Custodian for review in the manner confirmed by the Manager; The Fund Custodian has 3 working days
And notify the fund manager of the review results in a timely manner or make electronic confirmation. The Fund Manager
On the day when the quarterly report is completed, the relevant report shall be submitted to the Fund Custodian for review
The review shall be conducted within working days, and the review results shall be notified to the fund manager in writing or confirmed electronically. fund
The Manager shall provide the relevant report to the Fund Custodian for review on the day when the interim report is completed
The review shall be carried out within 30 days and the review results shall be notified to the fund manager in writing or confirmed electronically. base
The Fund Manager shall provide the relevant report to the Fund Custodian for review on the day when the annual report is completed
Review within 45 days after receipt, and notify the fund manager of the review results in writing or make electronic confirmation.
When the Fund Custodian finds discrepancies in the statements of both parties during the review process, the Fund Manager and the Fund
The custodian shall jointly find out the reasons and make adjustments, which shall be subject to the accounting treatment method agreed by both parties. check
If there is no error, the Fund Custodian shall stamp the business seal on the report provided by the Fund Manager or issue a custody seal
The review opinion or electronic confirmation of the accounting seal shall be kept by both parties. If the Fund Manager and the Fund Manager
The Fund Custodian cannot reach an agreement on the relevant statements before the date on which the announcement should be made, in the opinion of the Fund Manager
The Fund Manager shall have the right to make public announcements according to the statements prepared by it, and the losses caused thereby shall be borne by
The Fund Manager shall be liable for compensation, while the Fund Custodian shall not be liable for compensation. The Fund Custodian has the right to
Report to the CSRC for filing.
After the Fund Custodian has reviewed the financial accounting report, quarterly report, interim report or annual report,
A written or electronic confirmation shall be made to the fund manager for the prompt of the competent authority when reviewing the relevant documents.
（6） Suspension of valuation
1. The securities/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. The target ETF invested by the Fund is suspended from valuation and the announcement of net value of fund units is suspended;
4. When specific assets account for more than 50% of the net asset value of the fund on the previous valuation date
After confirmation, the Fund Manager shall suspend the valuation;
5. Other circumstances stipulated by laws and regulations, recognized by the CSRC and the fund contract.
（7） Fund asset valuation during the implementation of side pocket mechanism
If the Fund implements the side pocket mechanism, the main pocket account assets shall be valued and
Disclose the net fund value information of the main pocket account, and suspend the disclosure of the net fund value information of the side pocket account.
9、 Fund income distribution
（1） Composition of fund profits
Fund profit refers to fund interest income, investment income, income from changes in fair value and other income deduction
As for the balance after expenses, the realized income of the fund refers to the balance of the fund profit minus the income from changes in fair value.
（2） Profit available for distribution of the fund
The distributable profit of the fund refers to the undistributed profit and undistributed profit of the fund as of the base date of income distribution
The lower of the realized income.
（3） Principle of fund income distribution
The income distribution of the Fund shall follow the following principles:
1. Class A fund units of the Fund do not charge sales service fees, while Class C fund units charge sales service fees,
The distributable profits corresponding to each fund unit category will be different
Each fund unit has the same right of distribution.
2. There are two ways of income distribution: cash dividends and dividend reinvestment. Investors can choose cash dividends
Or automatically transfer the cash dividend to the corresponding category of fund shares for reinvestment according to the net value of the unit after ex right;
If the investor does not choose, the default income distribution method of the Fund is cash dividends.
3. On the premise of meeting the conditions for fund dividends, the fund manager can carry out
Income distribution. The specific distribution plan is subject to the announcement. No income distribution is required if the fund contract takes effect less than 3 months ago
With.
4. If laws and regulations or regulatory authorities have other provisions, such provisions shall prevail.
Before not violating the provisions of laws and regulations and having no material adverse impact on the interests of fund share holders
It is stated that the Fund Manager, after reaching consensus with the Fund Custodian and performing appropriate procedures as required by the regulatory authorities,
The above fund income distribution principle will be adjusted and announced in the specified media before the change implementation date
The adjustment does not require a general meeting of fund share holders.
（4） Income distribution scheme
The fund income distribution plan shall specify the distributable profits and fund income as of the base date of income distribution
Distribution object, distribution time, distribution amount and proportion, distribution method, etc.
（5） 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
The relevant provisions of the Disclosure Measures are announced in the specified media.
（6） 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. Dang Tou
When the cash dividend of the investor is less than a certain amount and is insufficient to pay the bank transfer or other handling fees, the fund shall register
A bookkeeping institution may automatically convert the cash dividends of fund share holders into fund shares of the corresponding category. Dividend reinvestment
The calculation method of capital shall be in accordance with the Business Rules.
（7） Income distribution during the implementation of side pocket mechanism
If the Fund implements the side pocket mechanism, the side pocket account will not carry out income distribution, as detailed in the prospectus.
10、 Fund information disclosure
（1） Confidentiality obligations
The Fund Manager and the Fund Custodian shall, in addition to
They shall not use or make use of the fund information they know for other purposes except as necessary for their obligations, and shall
Limit the information of the Fund to the staff who need to know the information in order to fulfill the above obligations. But,
The following circumstances shall not be deemed as breach of confidentiality obligations by the Fund Manager or the Fund Custodian:
1. Confidential information is disclosed, divulged or made public for reasons other than those of the Fund Manager and the Fund Custodian;
2. The Fund Manager and the Fund Custodian shall abide by and obey the court judgment or ruling, arbitration award or
Information disclosure or disclosure made by the order and decision of the CSRC and other regulatory agencies;
3. The Fund Manager and the Fund Custodian shall, on the premise of confidentiality, provide external legal counsel
Necessary information disclosure made by financial consultants, auditors, technical consultants, etc.
（2） Responsibilities and information disclosure procedures of the Fund Manager and the Fund Custodian in information disclosure
1. The Fund Manager and the Fund Custodian shall, in accordance with relevant laws and regulations
Undertake corresponding information disclosure responsibilities. The Fund Manager and the Fund Custodian shall actively cooperate, supervise and urge each other
They shall supervise each other to ensure that they perform their obligations of disclosure in accordance with the statutory manner and time limit.
2. All documents for information disclosure of the Fund, including the regular reports specified in the Fund Contract and this Agreement
Report, interim report, net fund value information and other necessary announcement documents shall be deposited by the fund manager and the fund
People shall publish in accordance with the provisions of relevant laws and regulations.
3. The financial and accounting report in the annual report of the Fund must comply with the Securities Law of the People's Republic of China
Audit by specified accounting firm.
4. Information disclosure of the Fund shall be conducted through the media specified by the CSRC; Fund Manager, Fund Manager
The financial custodian may disclose information in other public media as required, but other public media shall not be earlier than the regulated time
The content of the same information disclosed on different media shall be consistent.
5. Storage and reference of information text
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
The regulations require that information be kept in their respective residences for public reference and reproduction.
6. The Fund Manager and the Fund Custodian may suspend or delay the disclosure of the Fund Letter in the following circumstances
Information:
(1) Force majeure;
(2) The securities and futures trading market involved in the fund investment is temporarily on statutory holidays or for other reasons
When the business is closed;
(3) The target ETF invested by the Fund is suspended from valuation and the announcement of net value of fund units is suspended;
(4) Laws and regulations, fund contract or the situation stipulated by the CSRC.
11、 Fund expenses
（1） Management fee of fund manager
No management fee will be charged for the part of the Fund property invested in the target ETF. In general, the base
The fund management fee shall deduct the net asset value corresponding to the target ETF share in the fund property from the net asset value of the fund on the previous day
0.45% annual fee rate of the remaining part (if it is negative, take 0). The management fee is calculated as follows:
H ＝ E × 0.45% ÷ 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 after deducting the net asset value corresponding to the target ETF share in the fund property
The remainder of; If it is a negative number, E is taken as 0.
The fund management fee shall be withdrawn daily and paid monthly, and shall be checked by the fund custodian and the fund manager
The financial data of the fund will be automatically paid according to the designated account path on the fifth working day of the next month
The administrator does not need to issue the fund transfer instruction. In case of legal holidays, rest days or force majeure
The date shall be postponed. After the expense is automatically deducted, the fund manager shall check it, and if the data is found to be inconsistent, the fund manager shall promptly send
It is settled by the Fund Custodian through negotiation.
（2） Custody fees of the Fund Custodian
The portion of the Fund's assets invested in the target ETF will not be charged with a custody fee. In general, the base
The fund custody fee shall deduct the net asset value corresponding to the target ETF share in the fund property from the net asset value of the fund on the previous day
0.07% of the remaining part (if it is negative, take 0). The calculation method of custody fee is as follows
Bottom:
H ＝ E × 0.07% ÷ 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 after deducting the net asset value corresponding to the target ETF share in the fund property
The remainder of; If it is a negative number, E is taken as 0.
The fund custody fee is accrued daily and paid monthly, and is checked by the fund custodian and the fund manager
The financial data of the fund will be automatically paid according to the designated account path on the fifth working day of the next month
The administrator does not need to issue the fund transfer instruction. In case of legal holidays, rest days or force majeure
The date shall be postponed. After the expense is automatically deducted, the fund manager shall check it, and if the data is found to be inconsistent, the fund manager shall promptly send
It is settled by the Fund Custodian through negotiation.
（3） Sales service fees for Class C fund units
There is no sales service fee for Class A fund units of the Fund, and the sales service fee for Class C fund units is the same as the previous one
The annual fee rate of 0.10% of the net asset value of Class C fund units on the day of accrual. The calculation method is as follows:
H ＝ E × 0.10% ÷ days of the year
H is the daily accrued sales service fee for Class C fund units
E is the net asset value of the fund on the previous day for Class C fund units
The sales service fee for Class C fund units is accrued daily and paid monthly, and is managed by the fund custodian in accordance with the
The manager checks the consistent financial data and automatically carries out the fund according to the designated account path on the fifth working day of the next month
For fund payment, the fund manager does not need to issue fund transfer instructions. In case of legal holidays, rest days or
For force majeure, the payment date shall be postponed. After the expenses are automatically deducted, the fund manager shall check, if any data is found
In case of any discrepancy, contact the Fund Custodian in a timely manner for settlement.
（4） The management fee of the fund manager, the custody fee of the fund custodian and Category C shall be disbursed from the fund property
Other fund fees other than the sales service fees of fund units shall be paid in accordance with relevant laws and regulations
The same shall apply.
（5） Fund expenses during the implementation of the side pocket mechanism
If the Fund implements the side pocket mechanism, the expenses related to the disposal of assets in the side pocket account can be charged from the side pocket account
Disbursed, but it can be disbursed only after the assets of the side pocket account are realized, and management fees are not allowed to be collected. See the bidding invitation for other fees
Provisions of the prospectus or relevant announcements.
（6） For violations of laws and regulations, the Fund Agreement, this Agreement and other relevant provisions (including
The method, standard, and payment method of fund expenses) shall not be transferred from any fund property
Chinese listed.
12、 Custody of the Register of Fund Unitholders
The Fund Manager and the Fund Custodian shall properly keep the register of Fund Unitholders respectively. Fund share holdings
The contents of the register of persons must include the name of the fund unit holder and the fund units held.
For the list of fund share holders on the last trading day of each half year, the fund manager shall
It shall be regularly provided to the Fund Custodian within 5 working days after the end of the year. For the fund at the end of the fund raising period
The register of unit holders, the register of fund unit holders on the fund equity registration date and the fund unit holders
For the register of fund share holders on the registration date of membership rights and interests, the fund manager shall
Provide to the Fund Custodian within days.
The register of fund unit holders shall be prepared by the fund registration authority of the fund in accordance with the instructions of the fund manager
Custody. The Fund Manager and the Fund Custodian shall respectively keep the names of the holders of the Fund units in accordance with the current relevant rules
Volume. The storage mode can be electronic or document. The storage period shall not be less than the statutory minimum period.
The Fund Custodian shall properly keep the register of Fund Unitholders in electronic form, and regularly back it up and keep it
The deadline shall not be less than the statutory minimum deadline. The Fund Custodian shall not use the register of Fund Unitholders kept for
Other purposes other than fund custody business, and shall comply with confidentiality obligations.
If the fund manager or fund custodian is unable to properly keep the name of the fund unit holder due to its own reasons
And shall bear corresponding responsibilities according to relevant laws and regulations.
13、 Preservation of Fund related documents and archives
（1） The Fund Manager shall keep the records, account books, statements and others of the Fund property management business activities
The Fund Custodian shall keep the records, account books, statements and other relevant information of the fund custody business activities
Data shall be kept for a period not less than the minimum period specified by laws and regulations.
（2） The Fund Manager and the Fund Custodian shall keep their own documents in accordance with Article 10 of this Agreement
And archives.
14、 Replacement of Fund Custodian and Fund Manager
（1） After the termination of the duties of the fund manager, it shall still properly keep the fund management business information, and
The fund manager or temporary fund manager shall handle the transfer procedures of fund management business in a timely manner. The Fund Custodian shall
Give active cooperation and check the total value of fund assets and the fund with the new fund manager or temporary fund manager
Net worth.
（2） After the termination of the duties of the fund custodian, it shall still properly keep the fund assets and the fund custody business information,
And promptly handle the transfer of fund assets and fund custody business with the new fund custodian or temporary fund custodian
Hand in formalities. The Fund Manager shall actively cooperate and check with the new Fund Custodian or the temporary Fund Custodian
The total value of the fund assets and the net value of the fund assets.
（3） For other matters, please refer to the relevant provisions of the Fund Contract.
15、 Prohibited acts
（1） Acts prohibited by the Fund Law.
（2） Investments or activities prohibited by the Fund Law.
（3） Unless otherwise specified in the Fund Manager's instruction or the Fund Contract and this Agreement
The custodian shall not use or dispose of the fund assets.
（4） Senior managers and other practitioners of the Fund Manager and the Fund Custodian shall not concurrently
Position.
（5） Other behaviors prohibited by laws and regulations, the Fund Contract and this Agreement.
If laws and regulations or regulatory authorities adjust the above restrictions, the Fund shall comply with their provisions.
16、 Change and Termination of Custody Agreement and Liquidation of Fund Assets
（1） Change of Custody Agreement
The parties to this agreement may change the agreement upon consensus. New agreement after change
The contents shall not conflict with the provisions of the Fund Contract. The new agreement after change shall be reported to the CSRC
keep on record.
（2） Termination of Escrow Agreement
This Escrow Agreement shall be terminated in the following circumstances:
1. The Fund Contract is terminated;
2. The Fund changes its custodian;
3. The Fund replaces the Fund Manager;
4. The Fund Law, the Operation Measures or other laws and regulations require termination.
（3） Liquidation of fund assets
The Fund Manager and the Fund Custodian shall, in accordance with the Fund Contract and relevant laws and regulations
The assets of the fund shall be liquidated.
17、 Liability for breach of contract
（1） If the Fund Manager or the Fund Custodian fails to perform this Custodian Agreement or perform this Custodian Agreement
If it fails to comply with the agreement, it shall be liable for breach of contract.
（2） Where the breach of the trusteeship agreement causes damage to the fund property or the fund unit holders,
They shall be liable for compensation for their respective acts in accordance with the law, and shall give fund assets or fund shares due to joint acts
If the holder causes damage, he shall bear joint and several liability for compensation. Compensation for losses is limited to direct losses,
After assuming joint and several liabilities, one party has the right to claim compensation from the other party according to the degree of fault of the other party. However, the following situations occur
The parties are exempted from liability:
1. Force majeure;
2. The Fund Manager and/or the Fund Custodian shall, in accordance with the then effective laws and regulations or the supervision of the CSRC
Losses caused by acts or omissions of the regulatory authority;
3. The Fund Manager exercises or does not exercise its investment right in accordance with the investment principles specified in the Fund Contract
Losses caused, etc;
4. The Fund Custodian is caused by the execution of the effective instructions of the Fund Manager in accordance with the Fund Contract
Loss, etc;
5. Fund assets deposited or deposited by the Fund Custodian in institutions other than the Fund Custodian, or delivered to the dealer
Industrial banks, securities companies and other institutions are responsible for clearing and settlement of entrusted assets (including but not limited to margin accounts
Funds, futures contracts, etc.) and their income due to fraud, negligence, negligence, bankruptcy, etc
Losses caused to entrusted assets, etc.
（3） If the fund property or
If the fund investor causes losses, the other party (the "observant party") has the right to represent the fund against the defaulting party
Recourse; If the "observant party" compensates the fund property or fund investment due to the default of the defaulting party
If the investor suffers losses, the observant party shall have the right to recourse against the defaulting party, and the defaulting party shall compensate and compensate the observant party
All costs, expenses and expenses incurred and losses incurred therefrom.
（4） If a party to the trusteeship agreement violates the trusteeship agreement and causes losses to the other party, it shall bear
Liability.
（5） If one party breaches the contract, the non breaching party is obliged to take necessary measures in a timely manner
Measures to prevent the expansion of losses. If the loss is further expanded due to failure to take appropriate measures, it shall not be expanded
Claim compensation for the loss of. The reasonable expenses incurred by the observant party to prevent the expansion of losses shall be borne by the defaulting party.
（6） If the breach of contract has occurred, but this custody agreement can continue to be performed
The Fund Manager and the Fund Custodian shall continue to perform this Agreement on the premise of protecting the interests of the Fund Unitholders.
（7） Business errors due to factors beyond the control of the Fund Manager and the Fund Custodian
Although the Fund Manager and the Fund Custodian have taken necessary, appropriate and reasonable measures for inspection, they have not
If the error can be found or cannot be avoided, resulting in loss of fund property or fund investors
The Manager and the Fund Custodian shall be exempted from liability for compensation. However, the Fund Manager and the Fund Custodian shall actively adopt the following measures:
The necessary measures shall be taken to eliminate or mitigate the impact caused thereby.
（8） The losses referred to in this agreement are direct economic losses.
18、 Dispute resolution
Both parties agree that all disputes arising from or in connection with this agreement can be settled through friendly negotiation
The dispute shall be settled through negotiation and mediation. If the dispute cannot be settled through negotiation and mediation, either party has the right to submit the dispute to China International
The Economic and Trade Arbitration Commission shall, in accordance with the then effective arbitration rules of the China International Economic and Trade Arbitration Commission
Arbitration. The place of arbitration shall be Beijing. The arbitral award is final and binding on all parties to the arbitration
power. The arbitration fee shall be borne by the losing party, unless otherwise determined by the arbitration award.
During the dispute settlement period, both parties shall strictly abide by the responsibilities of the Fund Manager and the Fund Custodian, continue to be faithful
Fulfill the obligations specified in the Fund Agreement and the Custody Agreement diligently and responsibly, and maintain the
Legal rights and interests.
This agreement is governed by the laws of China (for the purpose of this agreement, Hong Kong, Macao Special Administrative Region and
Taiwan laws) shall govern and be interpreted accordingly.
19、 Effect of Custody Agreement
（1） Fund Custody Agreement submitted by the Fund Manager when applying to the CSRC for fund raising registration
The draft shall be signed or sealed by the legal representatives or authorized representatives of both parties to the custody agreement and affixed with official seals,
Both parties to the agreement modify the draft custody agreement according to the opinions of the CSRC. The custody agreement shall be signed by China Securities Regulatory Commission
The text that will be registered is the official text.
（2） This Agreement shall come into force from the date of establishment of the Fund Contract and shall come into force from the date of effectiveness of the Fund Contract. book
The term of validity of the agreement shall be from the effective date to the date when the liquidation result of the fund assets is reported to the CSRC for filing and announcement
End of.
（3） This agreement has the same legal binding force on both parties since the effective date.
（4） The original of this agreement is in triplicate, one for each party and one for the relevant regulatory authority,
Each copy has the same legal effect.
20、 Signing of Escrow Agreement
See signature page.
There is no text on this page, which is "ICBC Credit Suisse Guozheng Hong Kong Stock Connect Technology Trading Open Index Securities Investment Fund"
Signature and seal page of the Sponsored Feeder Fund Custody Agreement.
Fund manager: ICBC Credit Suisse Fund Management Co., Ltd. (official seal)
Legal representative or authorized representative (signature or seal):
Fund Custodian: CSC Securities Co., Ltd. (official seal)
Legal representative or authorized representative (signature or seal):
Signed at:
Signed on: