Core Insights - The announcement from China Merchants Fund highlights the appointment of Liao Yuzhou as a new fund manager for several indices, indicating a strategic shift in management [1][2][3][4] Group 1: Fund Manager Changes - Liao Yuzhou has been appointed as the fund manager for the China Merchants CCTV Finance 50 Index, China Merchants CSI New Energy Vehicle Index, China Merchants CSI Hong Kong-Shanghai-Shenzhen 500 Medical and Health ETF, China Merchants CSI Vaccine and Biotechnology ETF, and China Merchants Shanghai-Hong Kong Stock Connect ETF [1][3][4] - The previous fund managers for these indices have been replaced, with notable departures including Hou Hao and Liu Zhongjie [3][4] Group 2: Fund Performance - The China Merchants CCTV Finance 50 Index A/C has a year-to-date return of 12.70% and a cumulative net value of 3.3612 yuan, with a total return since inception of 236.12% [1] - The China Merchants CSI New Energy Vehicle Index A/C has a year-to-date return of 53.40% but a total return since inception of -19.19%, with a cumulative net value of 0.8081 yuan [2] - The China Merchants CSI Hong Kong-Shanghai-Shenzhen 500 Medical and Health ETF has a year-to-date return of 33.25% and a total return since inception of -2.93%, with a cumulative net value of 0.9707 yuan [2] - The China Merchants CSI Vaccine and Biotechnology ETF has a year-to-date return of 22.22% and a total return since inception of -21.83%, with a cumulative net value of 0.7817 yuan [2] - The China Merchants Shanghai-Hong Kong Stock Connect ETF has a year-to-date return of 40.28% and a total return since inception of 26.91%, with a cumulative net value of 1.2691 yuan [2]