Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-08 23:43Announcement Overview - The CITIC Securities Investment Fund will officially change from a collective asset management plan to a securities investment fund starting September 8, 2025 [1] - Holders of the original asset management plan who do not redeem during the transition period will have their shares automatically converted to the corresponding fund shares [1] Fund Subscription and Redemption - The fund shares will be open for subscription on every trading day, with a minimum holding period of 6 months for each share [3][4] - During the minimum holding period, shares cannot be redeemed; redemption requests can only be made after the holding period ends [3][4] - The fund management may adjust the subscription and redemption times based on changes in trading markets or other special circumstances [2] Subscription Details - The minimum initial subscription amount through other sales institutions is RMB 1, while the minimum for direct sales is RMB 20,000 [5][6] - There are no limits on additional subscription amounts [5] - The fund management may set limits on the total amount of subscriptions or the maximum amount per day to protect existing investors [7] Subscription Fees - A front-end fee applies to A-class fund shares, while C-class shares do not incur any subscription fees [8] - The fund management can adjust the fee rates and promotional activities as per market conditions [9] Redemption Details - The minimum redemption request is one share, and holders can redeem all or part of their shares [14] - A redemption fee will be charged for shares held for less than 7 days [15] - The redemption price will be based on the net asset value calculated at the end of the trading day [16] Investment Plan - The fund does not currently offer conversion services between funds [20] - Regular investment plans can be initiated through designated sales institutions, with a minimum investment amount starting at RMB 1 [22] Fund Management and Disclosure - The fund management will disclose the net asset value and cumulative net asset value regularly through various media [28] - Investors are encouraged to read the fund contract and prospectus for detailed information [29]