Group 1 - The announcement states that the "Zhaoshang Shanghai Stock Exchange Science and Technology Innovation Board Comprehensive Price Index Enhanced Initiated Securities Investment Fund" will open for daily subscription, conversion, and regular investment business starting from December 5, 2025 [1][18] - The fund is available for individual investors, institutional investors, qualified foreign investors, and other investors permitted by laws and regulations [1][18] - The minimum subscription amount for the fund is generally set at 1 yuan for online transactions, while the minimum for direct sales is 500,000 yuan for the first subscription [3][4] Group 2 - The fund has two classes of shares: Class A, which charges a subscription fee, and Class C, which does not charge a subscription fee [4][6] - The subscription fee for Class A shares is tiered based on the subscription amount, and multiple subscriptions within a day will be charged separately [4][6] - Redemption requests must be for at least one share, and if the remaining balance is less than one share, the investor must redeem all shares [4][8] Group 3 - The fund will charge a redemption fee for both Class A and Class C shares, calculated based on the number of shares redeemed and the net value on the redemption day [7][8] - The conversion business will start on December 5, 2025, and will be subject to specific rules regarding minimum share requirements for conversions [12][13] - Regular investment business allows investors to set up automatic deductions for fund subscriptions, with a minimum deduction amount of 10 yuan [15][21] Group 4 - The fund management company, Zhaoshang Fund Management Co., Ltd., has provided contact information for investors seeking further details [16][25] - The announcement emphasizes that the fund management will operate under principles of honesty and diligence but does not guarantee profits or minimum returns [26][21] - Any changes to the fund's redemption and conversion rules will be announced separately [19][29]

Core Viewpoint - The article announces the launch of the "招商上证科创板综合价格指数增强型发起式证券投资基金," which has received regulatory approval and will be available for public subscription from November 10 to November 28, 2025 [1][2][35]. Fund Overview - Fund Name: 招商上证科创板综合价格指数增强型发起式证券投资基金 [29] - Fund Type: Stock-type securities investment fund [2] - Fund Management: Managed by 招商基金管理有限公司 [2] - Fund Custodian: Custodied by 交通银行股份有限公司 [2] - Fund Registration: Approved by the China Securities Regulatory Commission [1] Subscription Details - Subscription Period: November 10 to November 28, 2025, with possible adjustments based on subscription conditions [2][35] - Minimum Subscription Amount: - For non-direct sales institutions: 1 yuan (including subscription fee) [3] - For direct sales counter: 500,000 yuan (including subscription fee) for the first subscription [3] - Fund Share Classes: - A Class: Charges subscription fees [31] - C Class: Does not charge subscription fees [31] Fund Management and Operations - The fund is a contractual open-end fund [29] - The total amount of fund shares to be raised is not less than 1 million shares, with a minimum fundraising amount of 10 million yuan [34] - The fund's initial share price is set at 1 yuan [33][39] Investor Eligibility - Eligible investors include individuals, institutional investors, qualified foreign investors, and others permitted by laws and regulations [2][34] Sales Institutions - The fund will be sold through both direct and non-direct sales institutions [6][36] - Investors must open a fund account provided by the registration institution to purchase the fund [3][46] Subscription Fees and Calculations - A Class subscription fees are calculated based on the subscription amount [40] - C Class does not incur subscription fees, and the subscription amount is calculated based on the total amount including interest accrued during the fundraising period [42][43] Additional Information - Investors can subscribe multiple times during the fundraising period, but each application is treated separately [3][44] - The fund management company may adjust the sales institutions and announce changes as necessary [15]