Shang Hai Zheng Quan Bao·2026-01-18 18:44Core Viewpoint - The announcement details a sales agreement between Caitong Securities Asset Management Co., Ltd. and Zhejiang Commercial Bank, effective from January 19, 2026, allowing certain funds to offer regular investment and fund conversion services through the bank [1]. Group 1: Fund Investment and Conversion Services - Starting January 19, 2026, certain funds managed by the company will be available for regular investment (定投) and fund conversion through Zhejiang Commercial Bank [1]. - Fund conversion allows investors to switch their holdings from one fund to another managed by the same fund manager and registered with the same registration agency [1]. Group 2: Fund Conversion Rules - Fund conversion must involve funds sold by the same sales institution and managed by the same fund manager, with both funds registered at the same registration agency [2]. - The conversion price is based on the net asset value of the funds on the day the conversion application is accepted [2]. - The conversion process follows a "first in, first out" rule, where older registered shares are converted first [2]. Group 3: Conversion Fees and Calculations - Conversion fees consist of the redemption fee from the outgoing fund and any difference in subscription fees between the incoming and outgoing funds [4]. - The redemption fee is calculated based on the number of shares being converted and the applicable redemption fee rate [5]. - The formula for calculating conversion amounts and shares is provided, ensuring transparency in the conversion process [6]. Group 4: Important Notes for Investors - Investors engaging in regular investment through Zhejiang Commercial Bank will adhere to the same fee rates as subscription fees, with minimum investment amounts matching those for subscriptions [7]. - Investors are encouraged to read the fund's contract and prospectus available on the company's website for detailed information on the funds and associated risks [7]. - Customer service contact information for both Zhejiang Commercial Bank and Caitong Securities is provided for further inquiries [8].