First Plus ChiNext Artificial Intelligence FIF
An open-ended feeder fund investing mainly in the mutual fund units of a foreign equity fund.
The Fund invests at least 80% of NAV on average in an accounting year in Hwabao ChiNext Artificial Intelligence Index ETF (the Master Fund), listed on the Shenzhen Stock Exchange (SZSE), China, and managed by Hwabao WP Fund Management Co., Ltd.
The Fund may use derivatives for FX hedging at the fund manager’s discretion (dynamic hedging), but not for efficient portfolio management (EPM).
The Fund may invest in other funds under the same Management Company, averaging no more than 20% of NAV in an accounting year.
The Master Fund aims to track the SZSE ChiNext Artificial Intelligence Index, which reflects the performance of artificial intelligence (AI) companies listed on the ChiNext market of the Shenzhen Stock Exchange. Its base currency is Yuan (RMB).
Hwabao WP Fund Management Co., Ltd.
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