Core Points - The announcement details a new sales agreement between Invesco Great Wall Fund Management Co., Ltd. and Guolian Minsheng Securities Co., Ltd. for the sale of the Invesco Great Wall Growth Mixed Securities Investment Fund starting from November 18, 2025 [1][5] Group 1: Fund Information - The applicable fund for the new sales agreement is the Invesco Great Wall Growth Mixed Securities Investment Fund [1] - The sales institution is Guolian Minsheng Securities Co., Ltd., located at No. 8, Financial First Street, Wuxi City [1] Group 2: Business Operations - Subscription and redemption services are only available during normal subscription periods and specific open days, with details outlined in the fund's legal documents [2] - Investors can apply for regular investment plans through the sales institution, which will automatically deduct funds from their designated accounts [2] - If the sales institution offers fee discounts for one-time or regular investment subscriptions, investors can benefit from these discounts according to the institution's rules [2] Group 3: Fund Application Limits - Starting November 18, 2025, applications for subscriptions or conversions into the Invesco Great Wall Zhongdai 0-3 Year National Development Bank Bond Index Fund will be limited to a maximum of 5 million yuan per day per fund account [5] - Any applications exceeding this limit will be rejected, and the original fund shares will remain unchanged if the conversion fails [5] Group 4: Dividend Information - The fund will distribute dividends on November 20, 2025, with specific rules regarding eligibility based on the timing of applications for subscriptions or conversions [8] - Investors can modify their dividend preferences during trading hours on open days, with the last choice before the record date being the one that applies [8]

Core Points - Invesco Great Wall Fund Management Co., Ltd. announced the effective contract of the Invesco Great Wall Growth Mixed Securities Investment Fund [1] - The fund raised a net subscription amount of 1,256,961,894.36 yuan during the fundraising period, with interest accrued amounting to 413,549.58 yuan, resulting in a total of 1,257,375,443.94 shares [1][5] Fund Details - Fund Name: Invesco Great Wall Growth Mixed Securities Investment Fund [3] - Fund Code: 024454 [3] - Fund Type: Contractual open-end [3] - Effective Date of Fund Contract: June 27, 2025 [3] - Fund Manager: Invesco Great Wall Fund Management Co., Ltd. [3] - Custodian: China Merchants Bank Co., Ltd. [3] - Regulatory Approval Number: China Securities Regulatory Commission Approval No. 2025 1094 [5] - Fundraising Period: From June 4, 2025, to June 25, 2025 [5] - Total Valid Subscription Accounts: 9,202 [5] - Total Subscription Amount: 1,256,961,894.36 yuan [5] - Interest Earned During Fundraising: 413,549.58 yuan [5] - Total Fund Shares: 1,257,375,443.94 shares [5] Fund Management - Fund Manager: Nong Bingli, who has 11 years of experience in the securities and fund industry [1]

Group 1 - The article discusses the launch of 36 new funds this week, including various types such as equity, mixed, and QDII, with particular attention on the mixed fund managed by Nong Bingli, the Invesco Great Wall Growth Fund [1] - The Invesco Great Wall Growth Fund (024454) will start subscription on June 4, 2025, with a minimum subscription amount of 1 yuan and a performance benchmark linked to a composite index [2] - The fund's management fee is set at 0.60%, with a total holding fee ranging from 0.95% to 3.80% depending on performance relative to the benchmark [2][4] Group 2 - The fund's investment strategy includes asset allocation, stock selection based on industry trends, business cycles, and company quality, with a focus on high-entry barrier companies [3] - The fund will maintain a stock investment ratio of 60%-95% of its assets, with a maximum of 50% in Hong Kong Stock Connect stocks, and will keep at least 5% of net asset value in cash or short-term government bonds [2][3] - The fund manager, Nong Bingli, has a strong track record with an annualized return of 17.64%, significantly outperforming the CSI 300 index [4][5] Group 3 - The fund manager has 11 years of experience in the securities and fund industry, managing a total of 67.18 billion yuan across seven funds, with a total return of 209.54% for equity products [5][7] - The fund's top holdings include companies like Pop Mart, Ninebot, Tencent, and Xiaomi, with a focus on sectors such as consumer electronics and cloud computing [9] - The manager has recently adjusted the portfolio by reducing exposure to overseas computing companies and increasing investments in internet and autonomous driving sectors [9]

Core Viewpoint - The approval of 26 new floating-rate funds by the regulatory authority reflects a strong commitment to implementing public fund reform and aligning fund company income with investor returns [1] Group 1: Regulatory Approval - 26 new floating-rate funds have been registered and are expected to be available for investors soon through commercial banks and internet platforms [1] - The funds were collectively submitted for approval on May 16, received acceptance on May 19, and were quickly approved on May 23, indicating the regulatory body's efficiency [1] Group 2: Fund Companies and Products - The following fund companies have submitted new floating-rate fund products: - E Fund: E Fund Growth Progress Mixed Securities Investment Fund - Fuguo Fund: Fuguo Balanced Allocation Mixed Securities Investment Fund - Value Fund: Value Stable Mixed Securities Investment Fund - Zhongou Fund: Zhongou Large Cap Smart Selection Mixed Fund - Jingshun Longcheng Fund: Jingshun Longcheng Growth Companion Mixed Fund - Others include Jia Shi, Huitianfu, Huaxia, Yinhua, and many more with a total of 26 products listed [1]

Core Viewpoint - The first batch of innovative floating fee rate products based on performance benchmarks has been reported, with 26 fund managers participating, indicating strong representation and capability in equity management [1][3][11]. Group 1: Product Overview - 26 fund management companies have quickly responded to the public fund reform policy by reporting the first batch of new model floating management fee products within ten days of the reform's implementation [3]. - The reported products are managed by well-performing fund managers, focusing on creating returns for investors [2][11]. Group 2: Fee Structure - Unlike traditional floating fee rate funds, the new model will have a more detailed fee structure based on each investor's holding time and annualized return during the holding period [7]. - If the holding period is less than 365 days, only the basic management fee can be charged; if it is 365 days or more, the management fee will be linked to the annualized return compared to the performance benchmark [7]. Group 3: Investment Strategy - The first batch of products will primarily invest in a broad market selection, benchmarking against mainstream indices such as CSI 300, CSI A500, and CSI 500 [8]. - The aim is to encourage long-term investment from investors, enhancing their overall investment experience [8][11]. Group 4: Future Developments - More fund managers are expected to follow suit in reporting similar products as they prepare adequately [9][11]. - The "Action Plan" stipulates that leading institutions should issue at least 60% of such funds compared to their actively managed equity funds within a year [10].