Jianxin Optimized Allocation Mixed Securities Investment Fund Prospectus
Fund Manager: Jianxin Fund Management Co.
Fund Custodian: Industrial and Commercial Bank of China Limited
February 2007
Important Notes
This fund was approved by the Securities and Futures Commission of the People's Republic of China on February 7, 2007 by the Securities and Futures Commission. The fund was approved to be raised by the China Securities Regulatory Commission on February 7, 2007 under the document No. 36 of the Securities and Futures Commission [2007].
The fund manager guarantees that the contents of this prospectus are true, accurate and complete. This prospectus has been approved by the China Securities Regulatory Commission (CSRC), but the CSRC's approval of the fund-raising does not imply that it has made any substantive judgment or guarantee on the value and returns of the fund, nor does it imply that there is no risk in investing in the fund.
The fund manager manages and utilizes the fund's property in accordance with the principles of due diligence, honesty, trustworthiness, prudence and diligence, but does not guarantee that the fund will make a profit, nor does it guarantee a minimum return.
The Fund invests in the securities market, and the net value of the Fund will fluctuate due to the fluctuation of the securities market and other factors. Before investing in the Fund, investors need to fully understand the characteristics of the Fund's products, and bear the various types of risks arising from the Fund's investment, including: systematic risk due to the impact of the overall political, economic, social and other environmental factors on the price of the securities, the non-systematic risk specific to individual securities, risk due to the continuous large number of fund investors, and risk due to the continuous large number of the Fund's investors. risk, liquidity risk arising from continuous large-scale redemption of funds by fund investors, fund management risk arising from the implementation of fund management by the fund manager, risks specific to the Fund, etc. Investors are advised to read the Prospectus and the Fund Contract of the Fund carefully before making investment decisions.
The past performance of the Fund is not indicative of its future performance.
I. Introduction
The Prospectus of Jianxin Optimized Allocation Mixed Securities Investment Fund (hereinafter referred to as "this Prospectus") is based on the Securities Investment Fund Law of the People's Republic of China (hereinafter referred to as "the Fund Law"), Measures for the Administration of the Operation of Securities Investment Funds (hereinafter referred to as "the Operation Measures"), Measures for the Administration of the Sales of Securities Investment Funds (hereinafter referred to as the "Sales Measures"), the Measures for the Administration of Information Disclosure of Securities Investment Funds (hereinafter referred to as the "Information Disclosure Measures") and other relevant laws and regulations, as well as the Jianxin Optimized Configuration Mixed Securities Investment Fund Contract (hereinafter referred to as the "Fund Contract" or the "Fund Contract").
This Prospectus describes the investment objectives, strategies, risks, rates and other necessary matters relating to investors' investment decisions of Jianxin Optimized Configuration Mixed Securities Investment Fund, and investors should read this Prospectus carefully before making investment decisions.
The fund manager undertakes that this prospectus does not contain any false records, misleading statements or material omissions, and assumes legal responsibility for its truthfulness, accuracy and completeness. The Fund is applied for solicitation on the basis of the information contained in this prospectus. This prospectus is interpreted by Jianxin Fund Management Co. The Manager has not commissioned or authorized any other person to provide information not contained in this prospectus, or to make any interpretation or explanation of this prospectus.
This prospectus is prepared in accordance with the fund contract of the fund and approved by the China Securities Regulatory Commission. The fund contract is a legal document that stipulates the rights and obligations between the parties to the fund. By acquiring fund shares in accordance with the fund contract, a fund investor becomes a shareholder of the fund and a party to the fund contract, and his/her holding of fund shares itself indicates his/her recognition and acceptance of the fund contract and his/her entitlement to rights and obligations in accordance with the Fund Law, the fund contract and other relevant provisions. Fund investors who wish to understand the rights and obligations of fund shareholders should refer to the fund contract in detail.
II. DEFINITIONS
In this Prospectus, unless the context otherwise requires, the following words or abbreviations shall have the following meanings:
Fund or the Fund means Jianxin Optimized Allocation Mixed Securities Investment Fund raised pursuant to the Fund Contract
Fund Manager or the Manager of the Fund means Jianxin Fund Management Company Limited
Fund Custodian or the Custodian of the Fund means Industrial and Commercial Bank of China Limited
Fund Contract means the Jianxin Optimized Allocation Mixed Securities Investment Fund Contract and any valid amendments and supplements to the Fund Contract
Custodian Agreement means the Custodian Agreement of the Jianxin Optimized Allocation Mixed Securities Investment Fund entered into between the Fund Manager and the Fund Custodian, and any valid amendments and supplements to the Agreement valid amendments and supplements thereto
Prospectus or this Prospectus means the "Prospectus of Jianxin Optimized Allocation Mixed Securities Investment Fund"
Updated Prospectus means the updated prospectus of Jianxin Optimized Allocation Mixed Securities Investment Fund, which is the introduction, portfolio announcement in respect of the Fund within 45 days from the date of the end of each six-month period after the date of entry into force of the contract of this Fund, business results, important changes and other matters required to be disclosed by laws and regulations
Offering Announcement the "Jianxin Optimized Configuration Hybrid Securities Investment Fund Share Offering Announcement"
Laws and regulations laws and regulations laws and regulations laws and regulations currently in force in the PRC and have been promulgated and enforced in the PRC normative documents
Fund Law means the Securities Investment Fund Law of the People's Republic of China
Operation Measures means the Measures for the Administration of the Operation of Securities Investment Funds
Sales Measures means the Measures for the Administration of the Sales of Securities Investment Funds
Information Disclosure Measures means the Measures for the Administration of the Disclosure of Information of Securities Investment Funds
Banking Regulatory Authority the China Banking Regulatory Commission or other authorities authorized by the State Council
Parties to the Fund Contract the legal entities bound by the Fund Contract to enjoy the rights and assume the obligations pursuant to the Fund Contract, including the Fund Manager, the Fund Custodian and the Fund Shareholders
Parties to the Fund Contract the legal entities bound by the Fund Contract to enjoy the rights and assume the obligations pursuant to the Fund Contract, including the Fund Manager, the Fund Custodian and the Fund Shareholders
Individual investor A natural person who can invest in an open-ended securities investment fund in accordance with the conditions prescribed by laws and regulations
Institutional investor A legal person, social group or other organization or institution registered in China or approved for establishment by the relevant governmental departments that can invest in an open-ended securities investment fund in accordance with the provisions of laws and regulations
Qualified Foreign Institutional Investor A qualified foreign institutional investor who can invest in an open-ended securities investment fund in China in accordance with the provisions of laws and regulations. Qualified Foreign Institutional Investor means an institutional investor outside China that can invest in the securities market in China in accordance with laws and regulations
Investor refers to the general term of individual investor, institutional investor and qualified foreign institutional investor
Fund Shareholder refers to an investor who legally obtains the shares of the Fund in accordance with the Fund Contract and relevant documents;
Fund Sales Business refers to the subscription, requisition, redemption, conversion, non-transaction, and sale business of the Fund. Subscription, redemption, conversion, non-transaction transfer, transfer of custody and fixed deposit business
Selling Institution means the fund manager and the fund distribution institution
Direct Distribution Institution means Jianxin Fund Management Company Limited
Distributing Institution means the agent institution which handles the offering, subscription, redemption and other fund business of the Fund in accordance with the relevant fund sales and service agency agreement
Fund Sales Outlets means the investors who legally obtain the shares of the Fund in accordance with the relevant documents
Fund Sales Outlets the direct sales outlets of the fund manager and the sales outlets of the fund distribution organizations
Registration Business the business of fund registration, deposit, clearing and settlement, the specific contents of which include investor fund account management, fund share registration, clearing and confirmation of fund transactions, issuance of dividends, and the establishment and maintenance of the fund share holders' registers, etc.
Registration Institutions means Jianxin Fund Management Co., Ltd. or other qualified institutions entrusted by it
Registration system means the open-ended fund registration and settlement system of the registry institution
Fund account means the voucher issued by the fund registry institution to the investor to record the investor's holding of shares of open-ended funds managed by the fund manager
Fund trading account means the account opened by each sales institution for the investor to record the investor's holding of shares of open-ended funds
Fund trading account means the account opened by each An account opened by a sales institution for an investor to record changes in fund shares and balances arising from fund transactions handled by the investor through the sales institution
Fund Contract Effective Date The date on which the fundraising reaches the conditions stipulated in the law and the fund contract, and the fund manager employs a statutory institution to verify the capital and completes the procedures for filing the fund record, and obtains written confirmation from the CSRC
Fund Contract Termination Date The date stipulated in the fund contract for the termination of the fund contract. Contract Termination Date the date on which the fund contract is terminated in accordance with the procedures stipulated in the fund contract upon the occurrence of the termination events stipulated in the fund contract
Fund Raising Period the period of not more than 3 months from the date of offer of fund shares
Survival Period the period of indefinite time during which the fund contract legally survives after the fund contract has come into effect
Business Day a normal trading day of the Shanghai Stock Exchange, Shenzhen Stock Exchange on normal trading days
T-Day the day of application for subscription, redemption or other fund business
T+n-Day the nth working day from T-Day (excluding T-Day)
Opening Day the working day on which the sales institution handles the Fund's business of subscription, redemption and other business
Trading Hours the period of time during which the Fund accepts subscription, redemption or other transactions on the Open Day, as specified in the time table below transactions, as set out in the announcement on the offer of fund shares, the prospectus or other announcements issued by the fund manager from time to time
Subscription The act of purchasing the fund shares by an investor during the offering period of the fund
Subscription The act of purchasing the fund shares by an investor of the fund from the fund manager in accordance with the formalities stipulated by the fund's sales outlets. The daily subscription of the Fund shall commence no more than 3 months after the Fund Contract has come into effect
Redemption The act of selling the Fund's shares to the Fund Manager by the Fund's investors in accordance with the procedures prescribed by the Fund's sales outlets. Daily redemption of the Fund shall commence at a time not exceeding 3 months from the effective date of the fund contract
Fund switching Refers to the act of an investor applying to the fund manager to convert all or part of his/her shareholding in any open-ended fund managed by the fund manager (the switching-out fund) into the shareholding in any other open-ended fund managed by the fund manager (the switching-in fund)
< p>Transfer of custody Refers to the business in which an investor transfers the fund shares held by him under the same fund account from one trading account to another trading accountJumbo redemption On a single open day of the fund, the net redemption application of the fund (the balance of the total number of shares of redemption application plus the total number of shares of outward transfer application from the fund switching after the deduction of the total number of shares of subscription application and the total number of shares of inward transfer application from the fund switching) exceeds 10% of the total share of the fund on the previous day
< The fund's income refers to the stock bonus, dividend, bond interest, bill investment income, difference between purchase and sale of securities, bank deposit interest and other income derived from the fund's investmentTotal value of the fund's assets refers to the sum of the value of all types of securities and bills owned by the fund, the principal and interest of the bank deposits, the fund's receivable from subscriptions, and the value of the fund's other investments
Total value of the fund's assets refers to the sum of the value of all types of securities and bills, the principal and interest of the bank deposits, the fund's receivable from subscriptions and other investments. Net asset value of the fund means the net asset value of the fund after deducting the liabilities from the total value of the fund's assets
Net value of the fund's shares means the net asset value of the fund's shares
Valuation of the fund's assets means the process of calculating and evaluating the value of the fund's assets and liabilities in order to determine the net asset value of the fund
Designated media means newspapers, magazines, internet websites designated by the CSRC for the purpose of making disclosure
Media Newspaper, internet website
Force Majeure Any event which is unforeseeable, unavoidable and insurmountable by the parties to the Fund Contract and which occurs after the date on which the Fund Contract is signed by the Fund Manager and the Fund Custodian, and which renders the parties to the Fund Contract unable to perform the Fund Contract in whole or in part, including, but not limited to, floods, earthquakes and other natural disasters, wars, riots, fires, governmental expropriations, confiscations, changes in laws and regulations, and other events. expropriation, confiscation, changes in laws and regulations, sudden power outages or other emergencies, or unusual suspension or cessation of trading on the stock exchange
3. Fund Manager
(1) Overview of the Fund Manager
Name: Jianxin Fund Management Company Limited
Domicile: Fukai Mansion, No. 19, Financial Street, Xicheng District, Beijing
Office Address: 16/F, Yinglan International Finance Center, No. 7 Financial Street, Xicheng District, Beijing
Establishment Date: September 19, 2005
Legal Representative: Jiang Xianzhou
Contact Person: Lu Caiying
Tel: 010-66228888
Registered Capital: RMB 200 million
Jiensin Fund Management Co. Management Co., Ltd. was approved to be established by the China Securities Regulatory Commission under the document No. [2005] 158 of the Securities and Futures Commission. The shareholding structure of the company is as follows:
Name of shareholders Shareholding ratio
Construction Bank of China Limited 65%
Creditan Financial Services Inc. 25%
China Huadian Corporation 10%
The fund manager has a sound corporate governance structure, standardized business operation, and is able to effectively safeguard the interests of fund investors. The shareholders' meeting is the power organization of the Company, composed of all shareholders, which decides on the Company's business policy as well as the election and replacement of directors and supervisors. The Articles of Association of the Company stipulate that the shareholders of the Company shall exercise their rights in accordance with the law through the shareholders' meeting, and shall not intervene in any way, directly or indirectly, in the Company's operation and management and the investment operation of the fund's assets.
The Board of Directors is the executive body of the Company and is responsible to the shareholders' meeting and reports to the shareholders' meeting. The Board of Directors of the Company consists of nine directors, three of whom are independent. According to the provisions of the Articles of Association, the Board of Directors exercises the power of decision-making on major matters as stipulated in the Company Law, the power of formulating the basic system of the Company and the power of supervising, rewarding and punishing the general manager and other management personnel.
The Company has a Supervisory Board consisting of five supervisors, including two supervisors representing employees. The Supervisory Board is accountable to the Shareholders' Meeting and is mainly responsible for checking the Company's finances and supervising the due diligence of the Company's directors and senior management.
The general manager is responsible for the day-to-day operation and management of the Company. The Company has set up seven functional departments according to its operational needs: General Management Department, Investment Management Department, Research Department, Marketing Department, Fund Operation Department, Risk Management Department and Supervision and Audit Department. In addition, the company also has an investment decision-making committee and a risk management committee.
(2) Key Personnel
1. Members of the Board of Directors
Mr. Jiang Xianzhou, Chairman of the Board of Directors, received a master's degree in Economics from the Institute of Fiscal Science, Ministry of Finance, in 1986 and a master's degree in International Banking and Finance from the Business School of Heriot-Watt University, UK, in 1993. Mr. Jiang has served as Deputy Director of the Governor's Office of China Construction Bank, Director of the International Business Department of China Construction Bank, Deputy Director of the Governor's Office of China Construction Bank, Deputy General Manager of the International Business Department of China Construction Bank, General Manager of the Fund Custody Department of China Construction Bank, General Manager of the Fund Custody Department and General Manager of the Institutional Business Department of China Construction Bank, and General Manager of the Fund Custody Department of China Construction Bank.
Mr. Sun Zhichen, Director, received a Bachelor's degree in Economics from Northeast University of Finance and Economics in 1985. Mr. Sun has been the deputy director of the Securities Division of the Fund Raising Department of China Construction Bank, the director of the Securities Division of the Fund Raising Department and the Retail Business Department of China Construction Bank, and the deputy general manager of the Personal Banking Department of China Construction Bank.
Mr. Gu Yu, Director, is currently the Deputy General Manager of the Funding Department of China Construction Bank, and received his Ph.D. in Finance from the Graduate School of the People's Bank of China in 2004. He has served as deputy director and director of the Planning and Finance Department of China Construction Bank, director and assistant general manager of the Funding Department of China Construction Bank, director of the Shanghai Trading Center of the Funding and Trading Department of China Construction Bank, and deputy general manager of the Funding Department of China Construction Bank.
Ms. Ma Meiqin, Director, is the Deputy General Manager of the Personal Finance Department of China Construction Bank, and received her Bachelor's Degree from the Central Institute of Finance and Economics in 1984. Ms. Ma has served as Deputy Director of the Securities Division of the Funding and Savings Department of China Construction Bank, Director of the Foreign Currency Savings Division of the Funding and Savings Department of China Construction Bank, Director of the Automated Services Division of the Retail Business Department of China Construction Bank, Director of the Securities Division of the Consumer Banking Department of China Construction Bank, Second Grade Personal Relationship Manager and Senior Manager of the Securities Division of the Consumer Banking Department of China Construction Bank, Second Grade Personal Relationship Manager of the Consumer Banking Department of China Construction Bank, and Senior Manager of the Securities Division of the Consumer Banking Department of China Construction Bank. Deputy General Manager, Personal Finance Department, China Construction Bank.
Mr. Au-Yeung Pak Kuen, Director, is the Chief Executive Officer of Asia of Principal International Limited and holds a Bachelor's Degree in Urban Design and Environmental Planning from the University of Waterloo, Canada in 1977. Mr. Ouyang has served as a Management Trainer and Director of Group Underwriting at Aetna Insurance Company of Canada, Vice President of the Group Insurance Division of American International Assurance Company (AIA) in Asia, and Chief Executive Officer of Principal International Limited in Asia.
Mr. Zhu Shuhong, Director, is the Director of the Financial Management Division of China Huadian Group Corporation and received his Ph.D. in Management from Central South University in 2003. Mr. Zhu has served as a group leader of Hunan Branch of China Construction Bank, a deputy director of Hunan Wuling Hydropower Development Company, a department manager of China Huadian Group Finance Company, and a director of the Financial Management Division of China Huadian Group Corporation.
Mr. Yin Ke, an independent director, is currently the executive vice president of CITIC Capital Markets Holdings Limited and obtained a master's degree in economics from the Graduate School of Zhejiang University in 1991. Mr. Yin received his master's degree in economics from the Graduate School of Zhejiang University in 1991. He has served as a lecturer of Zhejiang University, the secretary of the general manager of Shenzhen Stock Exchange, the deputy general manager of Shenzhen Investment Fund Management Company Limited, an executive director of Junan Securities Company Limited, a director of Guotai Junan Securities Company Limited, a director and the president of United Securities Company Limited, and the executive vice president of CITIC Capital Markets Holdings Limited.
Mr. Kwan Kee Cheong, an independent director, is currently the President of MORRISON & Company Limited. He obtained a Bachelor of Accountancy (Honours) degree from the University of Singapore in 1970. He completed the Executive Program at Stanford University in 1992. He has served as an accountant with the Accountant General's Office, Singapore Government, an auditor with Turquand Young, Chartered Accountants Hong Kong and an auditor with Irish, Young & Outhwaite, Partner, Bechwith Kwan & Company, Chartered Accountants Australia and Hong Kong, President, Merrill Lynch, Director and Managing Director, Concord Group, President, Morrison & Co.
Mr. Shen Sibao, an independent director, is currently the Dean of the School of Law of the University of International Business and Economics (UIBE), and received a Master's Degree in International Economic Law from the Law Department of Peking University in 1981. Mr. Shen has been an assistant professor of Peking University and the Dean of the Law School of the University of International Business and Economics.
2. Members of the Supervisory Committee
Mr. HUANG Hao, Chairman of the Supervisory Committee, is the Deputy General Manager of the Planning and Finance Department of China Construction Bank, and holds a Bachelor's Degree in Economics, majoring in International Finance, from Wuhan University in 1996. Mr. Huang has served as Deputy Director and Director of Capital Planning Department of China Construction Bank, Assistant General Manager of Planning and Finance Department of China Construction Bank, and Deputy General Manager of Planning and Finance Department of China Construction Bank.
Mr. Zhang Yongsheng, Supervisor, is currently a staff member of the Audit Department of China Huadian Group Corporation. He received his Bachelor's Degree in Economics from the Finance Department of Shandong Finance College in 1993 and graduated from the Graduate School of Chinese Academy of Social Sciences in 1996. Mr. Zhang has been the accountant of Shandong Electric Power Design Institute, the accountant of Beijing Xidan International Building Development Co., Ltd, the deputy manager of the finance department of Beijing Xidan Sait Mall Co., Ltd, the audit supervisor of Shandong Luneng Materials Group Company, the assistant to the general manager of the Education and Training Center of China Huadian Engineering (Group) Company, the accountant in charge of Huadian Fuel Co.
Ms. Mei-Ying Yang, Supervisor, is the Chief Financial Officer of Asia of Principal International Limited. She received a Bachelor's Degree in Statistics from National Chung Hsing University, Taiwan and a Master's Degree in Actuarial Science from the University of Iowa, USA. She has served as Actuarial Assistant for Group Life and Health Insurance Products (Small Business Unit Market), Actuarial Director for Pension Products (Small Business Unit Market), Assistant Actuary for Long-Term Health Insurance Products, Associate Actuary for Individual Life and Health Insurance Products (Small Business Unit Market), Chief Financial Officer of Principal International, and Chief Financial Officer of Asia Region for Principal International.
Mr. Zhai Feng, Staff Supervisor, is the Director of Supervision and Audit Department of Jianxin Fund Management Co. He received his Bachelor's Degree in Literature from Anqing Teachers' College in Anhui Province in 1988, and a Bachelor's Degree in Laws, majoring in International Economics and Laws, from Fudan University in Shanghai in 1990. Mr. Wu has worked as a reporter in the Commentary Department of China Daily, Deputy Director of the Internal Audit Department of Peru Shougang Iron Ore Company Limited, Deputy General Manager of the Securities Issuance Department of China Cinda Trust and Investment Company Limited (formerly known as China Construction Bank Trust and Investment Company), Deputy General Manager of the Investment Banking Headquarters of Hongyuan Securities Company Limited, and Executive Director and Deputy General Manager of Shanghai YONGJIA Investment Management Company Limited.
Ms. Wu Jie, Staff Supervisor, is currently the Director of Risk Management Department of Jianxin Fund Management Co. She graduated from the Department of Finance of Nankai University in 1992, and graduated from the Postgraduate Department of the Institute of Finance of the People's Bank of China in 1995. Ms. Wu has served as a director of the Foreign Exchange Funds Division of the International Business Department of China Construction Bank, deputy director of the Transaction Risk Management Division of the Funds Department of China Construction Bank, senior deputy manager of the Transaction Risk Management Division and the Comprehensive Division of the Funds Department of China Construction Bank (presiding over the work).
3. Executives of the Company
Mr. Sun Zhichen, General Manager (please refer to Board of Directors for his resume).
Mr. Li Hua, Deputy General Manager. obtained a master's degree in monetary banking from the Graduate School of the People's Bank of China in 1998. Mr. Li has served as Assistant General Manager of Shanghai Securities Business Department of CITIC Bank Nanjing Branch, Deputy Manager of Research Department of Guotai Fund Management Company, Fund Manager of Nanfang Fund Management Company and General Manager of Asset Management Department of Huatai Securities.
Mr. He Bin, Deputy General Manager, received his Bachelor's Degree in Planning and Statistics from Northeast University of Finance and Economics in 1992. Mr. He worked successively in Beijing Municipal Finance Bureau, Beijing Kyoto Accounting Firm, Fund Supervision Department of China Securities Regulatory Commission, Deputy General Manager of Guotai Fund Management Company and Inspector General of Jianxin Fund Management Company.
Mr. Xu Jun, Assistant General Manager, received his Bachelor of Science degree in Physics from Shanghai Jiaotong University in 1990 and his PhD degree in Physics from Columbia University in New York in 1995. Mr. Xu has served as a senior analyst at Exis Advisors in New York, vice president, senior vice president and director of the trading and asset investment department of BNP Paribas, investment director of Taixin Fund Management Company Limited, and second vice president and head of China business of Principal International.
Mr. Micheal C. Zhang, Assistant to the General Manager, received a Master's Degree in Finance from Brandeis University in 1990. Mr. Zhang has served as a Chief Officer of Bank of China Head Office, Senior Associate of PaineWebber, Senior Associate of J.P. Morgan, Assistant Vice President of Credit Suisse First Boston, Executive Director of Shanghai Yongjia Investment Management Company Limited, Executive Director of Changxin Investment Management Company Limited, and Head of China Business of Changxin. Ltd., Special Assistant to the General Manager, Director of Research and Director of Financial Engineering Department of Changxin Fund Management Co.
4. Inspector General
Ms. Lu Caiying, Inspector General, graduated from the Economics Department of Hebei University in 1979, majoring in planning statistics. She has served as deputy chief clerk, chief clerk, deputy director and director of China Construction Bank, deputy general manager of Huaxia Securities Department, general manager of Chongqing Audit Special Office, chief consultant of BaoYing Fund Management Company (at the level of deputy general manager of the company), and supervisory director of Jianxin Fund Management Company.
5, the fund manager
Mr. Chen Peng, master's degree, eight years in the securities industry, graduated from the People's Bank of China Graduate School in May 1999, entered the Guotai Junan Securities Research Institute in April 1998 as a researcher, entered the Penghua Fund Management Company in January 2000, served as a researcher, assistant fund manager, and then entered the Hualin Securities in April 2004 as a deputy general manager of asset management department. In April 2004, he joined the Asset Management Department of Hualin Securities as Deputy General Manager, and in July 2004, he joined BaoYing Fund Management Company as Assistant Fund Manager and Fund Manager, and in August 2006, he joined the Investment Management Department of Jianxin Fund Management Company.
Mr. Wang Pei, with a master's degree and five years of experience in the securities industry, graduated from the Graduate School of the People's Bank of China in February 2000, and in the same year joined the Capital Operation Center of the head office of the Agricultural Bank of China, where he worked as a bond trader. 2001, he joined the Wells Fargo Fund Management Company Limited, where he served as a researcher in macro and bond research, a fixed-income supervisor, and a manager of the Wells Fargo Sky Profit Bond Investment Fund. 2006, he joined the CCB Fund Management Company Limited in January. In January 2006, he joined the Investment Management Department of Jianxin Fund Management Company, and is currently also the fund manager of Jianxin Money Market Fund.
6. Members of Investment Decision-making Committee
Mr. Sun Zhichen, General Manager.
Mr. Li Hua, Deputy General Manager and Director of Investment Management Department.
Mr. Qu Yinjun, Deputy Director of Investment Management Department.
Mr. Wu Jianfei, Fund Manager of Jianxin Everlasting Value Equity Securities Investment Fund.
Mr. Wang Pei, Fund Manager of Jianxin Money Market Fund.
7. There is no close family relationship between any of the above persons.
(3) Duties of the Fund Manager
1. To raise funds in accordance with the law, and handle or entrust other institutions recognized by the China Securities Regulatory Commission to handle the offering, subscription, redemption and registration of fund shares on behalf of the fund;
2. To handle the filing procedures of the fund;
3. To manage and keep accounts of the different fund properties under its management separately, and to make investment in securities
4. Determining the fund income distribution plan in accordance with the fund contract and distributing the income to the fund shareholders in a timely manner;
5. Conducting fund accounting and preparing the financial accounting report of the fund;
6. Preparing the interim and annual fund report;
7. Calculating and announcing the fund's net asset value, and determining the price of the fund's share subscription and redemption;
8. Handling information disclosure matters related to the business activities of fund property management;
9. Convening the general meeting of fund shareholders;
10. Keeping the records, books, statements and other relevant information of the business activities of fund property management;
11. Exercising the right of litigation on behalf of the interests of the fund shareholders in the name of the fund administrator, or Implementation of other legal acts;
12, other duties prescribed by the China Securities Regulatory Commission.
Commitment of the Fund Manager
(1) to act in accordance with the relevant laws, regulations and the fund contract, and in accordance with the principle of prudence for the maximum benefit of the fund's shareholders;
(2) not to take advantage of his position to seek benefits for himself and his agents, representatives, employees or any third party;
(3) not to disclose the information he has learned about the securities, the fund's commercial secrets, the securities, commercial secrets of the fund, the contents of the fund's investment, the fund's investment plan and other information that has not yet been disclosed in accordance with the law;
(4) not to carry out securities transactions for other organizations or individuals in any form.
(V) Internal control system of the fund manager
1. Principles of internal control
(1) Principle of comprehensiveness. The internal control system covers the company's various businesses, departments and personnel at all levels, and penetrates into all operational aspects such as decision-making, implementation, supervision and feedback.
(2) Principle of independence. The company has set up an independent inspector general and supervision and audit department, and make them maintain a high degree of independence and authority.
(3) the principle of mutual constraints. The company's departments and positions are set up with clear authority and responsibility, mutual checks and balances, and through practical measures to eliminate the blind spots in the internal control.
(4) the principle of effectiveness. The company's internal risk control work must start from the actual, mainly through the control of the workflow, and then realize the control of the business risk.
(5) Firewall principle. The company's investment management, fund operations, computer technology systems and other related departments, in the physical and institutional appropriate isolation. Strict approval procedures and supervisory and punitive measures are in place for those who are aware of insider information due to business needs.
(6) The principle of timeliness. The development of the company's internal risk control system should be forward-looking, and must be timely with the company's business strategy, business policy, business philosophy and other changes in the internal environment and changes in the external environment such as national laws, regulations, policies and systems to make appropriate changes and improvements.
Investment of the Fund
(1) Investment Objective
Through reasonable asset allocation and active selection of securities, the Fund aims to achieve long-term capital appreciation while taking into account current income.
(II) Investment Scope
The investment scope of the Fund is limited to financial instruments with good liquidity, including domestic stocks publicly issued and listed in accordance with the law, treasury bonds, financial bonds, corporate bonds, repurchase, central bank bills, convertible bonds, warrants and other financial instruments permitted to be invested in the Fund by the national securities regulatory authorities.
After six months from the effective date of the fund contract, the various types of assets in the fund's investment portfolio shall be in compliance with the following ratio range limits:
Equities account for 30%-90% of the fund's assets; bonds, cash, money market instruments, and other financial instruments permitted by the state securities regulatory authorities for the fund to invest in account for 10%-70% of the fund's assets, of which cash retained by the fund and investment in government bonds with a maturity of less than one year shall not be less than 5% of the net asset value of the fund in aggregate.
If the Fund is allowed to invest in other varieties later on by laws and regulations or regulatory bodies, the Fund Manager may include them in the investment scope after performing appropriate procedures.
(3) Investment Philosophy
Based on modern portfolio theory, the Fund analyzes the respective risk-return characteristics of major asset classes and makes reasonable and optimal allocations, based on which it selects individual stocks and securities to further optimize the investment portfolio, so as to obtain returns that exceed the investment benchmark.
(4) Investment Performance Comparison Benchmark
The Fund's performance comparison benchmark: 60% x Xinhua FTSE A600 Index + 40% x China Total Bond Index.
If the index compilation unit stops calculating and compiling the index or changes the name of the index, or if there is a more authoritative performance comparison benchmark that is more generally accepted by the market, the Fund Manager may, in consensus with the Fund Custodian, amend the performance comparison benchmark after obtaining the approval of the supervisory authority and fulfilling the relevant procedures and make a timely announcement.
(V) Investment Strategy
The fund manager conducts a combination of qualitative and quantitative research on macroeconomics, industries and listed companies, bonds, money market instruments, etc., and utilizes a combination of top-down and bottom-up investment strategies to optimize the investment portfolio at the macro level of broad asset allocation and the micro level of selection of individual stocks and securities.
Risk and Return Characteristics of the Fund
The Fund is a hybrid securities investment fund, which generally has higher risk and return than money market funds and bond funds, and lower than equity funds.
The Fund's investment portfolio will be subject to the following restrictions:
(1) The market value of shares held in a listed company shall not exceed 10% of the net asset value of the Fund;
(2) The Fund shall not hold more than 10% of the securities issued by a company in the same way as other funds*** managed by the Fund's Manager;
(3) The Fund The Fund invests in warrants, and the total amount of warrants bought on any trading day shall not exceed 0.5% of the net asset value of the Fund on the previous trading day, and the market value of all warrants held by the Fund shall not exceed 3% of the net asset value of the Fund, and the proportion of the same warrant held by all funds managed by the Fund Manager shall not exceed 10% of such warrant. If laws and regulations or the China Securities Regulatory Commission stipulate otherwise, the regulations shall be complied with;
(4) Cash and government bonds with a maturity date of not more than one year shall not be less than 5% of the net value of the fund's assets;
(5) When the fund's property participates in the subscription of stock issuance, the declared amount shall not exceed the fund's total assets, and the declared number of stocks shall not exceed the total number of the stocks issued by the company which intends to issue the stocks. Total amount;
(6) The Fund shall not violate the agreements of the Fund Contract on investment scope, investment strategy and investment ratio;
(7) Other investment restrictions stipulated by relevant laws and regulations as well as supervisory authorities.
If the laws and regulations or regulatory authorities cancel the above restrictive provisions, the Fund shall not be subject to the above provisions after fulfillment of appropriate procedures.
The proportion of the investment portfolio that does not comply with the above agreement due to reasons other than those of the fund manager, such as fluctuations in the securities market, merger of listed companies or changes in the size of the fund, is excluded from the restriction, provided that the fund manager shall make adjustments to meet the standard within 10 trading days. Laws and regulations provide otherwise.