Fund Code

500018

Inception Date

July 14, 1999

Custodian

China Construction Bank Co., Ltd.

Size

3 billion shares

Duration

15 years

Investment Profile

Xing He Fund is the first domestic optimized index-affiliated fund in China.

Investment Philosophy

This fund allocates its assets strategically in index-affiliated investments, active investments and securities investments in an attempt to gain steady returns while maintaining fairly low risks; It holds a long-term view that China’s securities market will maintain an upward trend, and that index-affiliated investments are best positioned to capture the gains of a bullish market; A combination of index-affiliated and active investment enables the fund to better respond to shifts in the securities markets, and thus better follow the investment objective of this fund, to seek high returns with cautious and steady investment operations.

Investment Objective

The fund seeks an NAV growth that is greater than the index growth of the securities market (SSE Composite Index growth) and long-term appreciation of the fund assets through a dynamic combination of index-affiliated investments and active investments.

Benchmark

No benchmark according to Fund Prospectus.

Investment scope

Financial instruments with good liquidity, including, equities, bonds and other instruments approved by the CSRC. 50% of the asset is passively managed; 30% of the asset is actively managed and 20% invest in bonds.

Fund Manager

Mr. Peng Yibo, Master of Economics from Beijing University.  Mr. Peng joined ChinaAMC in July 2008 and served as sector analyst and assistant portfolio manager successively.