ICBCCS Core Value Hybrid Securities Investment Fund (Class A shares)
Fund product information summary update
Prepared on: June 10, 2024
Date of delivery: June 13, 2024
This summary provides important information about the Fund and is part of the Prospectus.
Please read the complete prospectus and other sales documents before making an investment decision.
1、 Product Overview
Fund Abbreviation ICBC Core Value Hybrid Fund Code 481001
Subordinate Fund Abbreviation ICBC Core Value Hybrid A Subordinate Fund Transaction Code 481001
Fund Management Manual Bank Credit Suisse Fund Management Co., Ltd. Fund Custodian Bank of China Limited
Effective date of fund contract August 31, 2005 Listing exchange and listing date-
Fund type Mixed transaction currency RMB
Operation mode: ordinary, open, open, frequency: every open day
The date when He Xiaojie, the Fund Manager, began to serve as the Fund Manager of the Fund March 6, 2014
Securities practice date November 1, 1998
2、 Fund investment and net worth performance
（1） Investment objectives and strategies
For the investment arrangement of the Fund, please read the "Investment of the Fund" section of the Prospectus of the Fund for details.
The investment objective effectively controls the portfolio risk and pursues the long-term stable appreciation of fund assets.
Scope of Investment The investment scope of the Fund is limited to financial instruments with good liquidity, including stocks, depositary receipts, national bonds, financial bonds, corporate bonds, repurchase, central bank bills, convertible bonds and other financial instruments approved by the CSRC to allow the Fund to invest. The scope of the Fund's investment portfolio is: the proportion of stocks and depositary receipts in the net asset value of the Fund is 60% - 95%, and the proportion of bonds and cash assets in the net asset value of the Fund is 5% - 40%. The Fund shall maintain no less than 5% of the net asset value of the Fund in cash or government bonds with a maturity date of less than one year, of which cash does not include settlement provisions, deposits, subscription receivables, etc.
Main investment strategies The Fund adopts a top-down approach, combining qualitative and quantitative research, to allocate assets between asset classes such as stocks and bonds. In terms of industry allocation, the Fund conducts a comprehensive analysis of the relative investment value of each industry based on factors such as the life cycle of each industry, the industry competition structure, and the changing trend of industry prosperity, and selects advantageous industries and prosperous industries for key investment. In terms of stock investment, the Fund draws on the stock investment philosophy and experience of Credit Suisse Asset Management Co., Ltd., applies the value investment philosophy, and invests in the stocks of large and medium-sized listed companies with stable operation, core competitive advantages and undervalued value according to the stock selection process of quality scanning, competitive advantage evaluation and value evaluation.
Performance benchmark 75% × CSI 300 index yield+25% × CSI composite bond index yield.
Risk return characteristics The Fund is a hybrid fund. Generally, its risk and expected return are higher than those of money market funds and bond funds, but lower than those of equity funds.
（2） Portfolio Asset Allocation Chart/Regional Allocation Chart
（3） The annual net value growth rate of the Fund in the last ten years and its comparison with the benchmark performance in the same period
Note: 1. The Fund Agreement came into force on August 31, 2005. If the year when the contract comes into effect is less than the full natural year, the net amount shall be calculated according to the actual period
Value growth rate.
2. Past performance of the Fund does not represent future performance.
3、 Expenses involved in investing in the Fund
（1） Fund sales related expenses
The following fees are charged in the process of subscribing/subscribing/redeeming funds:
Cost type share (S) or amount (M)/holding period (N) charge method/rate
Subscription fee (pre charge) M ＜ 1 million yuan 1.50%
1 million yuan ≤ M ＜ 5 million yuan 1.00%
RMB 5 million ≤ M ＜ RMB 10 million 0.80%
M ≥ 10 million yuan 1000 yuan/transaction
Redemption fee N ＜ 7 days 1.50%
7 days ≤ N ＜ 1 year 0.50%
1 year ≤ N ＜ 2 years 0.25%
N ≥ 2 years 0.00%
（2） Fund operation related expenses
The following expenses will be deducted from the fund assets:
Fee category Charging method/annual fee rate or amount collector
Management fee 1.2% Fund manager and sales agency
Custody fee 0.2% Fund custodian
Audit fee 80000.00 yuan accounting firm
Information disclosure fee 120000.00 yuan required to disclose newspapers and periodicals
Other expenses Other expenses that may be disbursed from the Fund assets in accordance with the relevant provisions of the State and the Fund Contract. Please refer to the Fund Contract and Prospectus of the Fund or its update related service agencies for the category of fees
Note: 1. The expenses and taxes incurred by the Fund in trading securities and funds shall be deducted from the Fund assets according to the actual amount incurred.
2. The audit fees and information disclosure fees are borne by the fund as a whole, not by a single share category, and the annual amount is estimated. The final actual amount
The amount shall be subject to the disclosure in the Fund's periodic report.
（3） Calculation of comprehensive expenses of fund operation
If an investor subscribes/subscribes to the Fund units, the operating rate that the investor needs to pay during the holding period is as follows:
ICBC Core Value Mix A
Comprehensive rate of fund operation (annualized)
1.41%
Note: Comprehensive rate of fund operation=fixed management rate+custody rate+sales service rate (if any)+total of other operating expenses in the daily average of the fund
Proportion of net asset value (annualized). Fund management rate, custody rate and sales service rate (if any) are the current fund rate, and other operating fees
It is measured based on the relevant data disclosed in the latest fund annual report.
4、 Risk disclosure and important tips
（1） Risk disclosure
The Fund does not provide any guarantee. Investors may lose their investment principal. The investment is risky, and investors should read the Fund carefully when buying the Fund
"Prospectus" and other sales documents.
The Fund invests in the securities market, and the net value of the Fund will fluctuate due to the fluctuation of the securities market and other factors. Before investing in the Fund, investors should
Understand the product characteristics of the Fund, rationally judge the market, and bear all kinds of risks in the Fund's investment, including but not limited to: portfolio risk
Insurance, management risk, compliance risk, operational risk, liquidity risk, risk return characteristics of the Fund's legal documents and fund risk of sales agencies
The risk that the risk evaluation may be inconsistent and the specific risk of the Fund.
The investment style of the Fund is oriented to large and medium-sized value funds. In a specific period, the performance of large and medium-sized stocks or value stocks may
Not as good as other types of stocks or the overall performance of the stock market, resulting in the performance of the fund lagging behind the benchmark index.
The Fund can invest in science and technology innovation board stocks to meet the special features brought by the differences in investment objects, market systems, trading rules, etc. under the Pro Science and Technology Innovation Board mechanism
Risk; Other risks include but are not limited to concentration risk, systematic risk, policy risk, etc. The Fund may, according to the needs of investment strategy or market environment
Change in environment, choose to invest part of the fund assets in science and technology innovation board stocks or choose not to invest the fund assets in science and technology innovation board stocks, which is not necessary
However, it invests in science and technology innovation board stocks.
The investment scope of the Fund includes depositary receipts. If the Fund invests in depositary receipts, it may face the risk of substantial fluctuations in the price of Chinese depositary receipts or even large losses
Insurance, as well as risks related to innovative enterprises, overseas issuers, China Depositary Receipt issuance mechanism and trading mechanism.
（2） Important tips
The approval of the CSRC for the raising of the Fund does not indicate that it makes substantive judgments or guarantees on the value and income of the Fund, nor does it indicate that
There is no risk in investing in the Fund.
The Fund Manager shall manage and use the Fund assets in accordance with the principles of due diligence, honesty, prudence and diligence, but does not guarantee that the Fund will be profitable,
Nor does it guarantee minimum returns.
When a fund investor acquires fund units in accordance with the fund contract, he or she becomes the holder of fund units and the party to the fund contract. Due to the Fund Contract
Disputes arising from or related to the Fund Contract shall be handled in accordance with the provisions of the "Dispute Settlement" section of the Fund Contract.
If the summary information of the fund product information changes significantly, the fund manager will update it within three working days. If other information changes
The gold manager is updated once a year. Therefore, the content of this document may lag behind the actual situation of the Fund. If it is necessary to obtain it in a timely and accurate manner
Please also pay attention to the relevant temporary announcements issued by the fund manager.
5、 Other data query methods
See the Fund Manager's website for the following information http://www.icbccs.com.cn Or call our customer service hotline 4008119999
1. Fund contract, custody agreement, prospectus
2. Regular reports, including quarterly, interim and annual reports of the Fund
3. Net value of fund units
4. Fund sales agency and contact information
5. Other important information
6、 Other information
nothing