Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-23 22:22Core Points - The announcement details the launch of the E Fund National Index Free Cash Flow ETF Linked Fund, which is set to be publicly offered from November 28, 2025, to December 25, 2025 [2][23]. - The fund aims to closely track its performance benchmark while minimizing tracking deviation and error [21][19]. Fund Structure - The fund is a contract-based open-end index fund and linked fund, managed by E Fund Management Co., Ltd., with CITIC Securities Co., Ltd. as the custodian [2][3]. - It offers two classes of shares: Class A shares, which charge subscription fees, and Class C shares, which do not charge subscription fees but incur service fees [3][25]. Fundraising Details - The initial fundraising cap is set at 8 billion RMB, excluding interest accrued during the fundraising period [4]. - If the total subscription amount exceeds this cap, a proportionate confirmation method will be used to manage subscriptions [5][4]. Subscription Information - The minimum subscription amount is 1 RMB for non-direct sales institutions and 50,000 RMB for direct sales through the company [6][23]. - Investors can subscribe multiple times during the fundraising period, with no upper limit on the total subscription amount for individual investors [6][23]. Index Information - The fund's underlying index is the National Index Free Cash Flow Index, which includes A-shares and red-chip companies meeting specific criteria [10][11]. - The selection process for the index involves excluding certain securities based on trading volume, financial stability, and cash flow metrics [12][11]. Management and Regulatory Compliance - The fund is subject to regulatory approval from the China Securities Regulatory Commission, with the registration number provided [1]. - The fund management company is responsible for ensuring compliance with all relevant laws and regulations regarding fund operations and investor protection [64][67].