To better meet client asset allocation needs in a low-interest-rate, high-volatility environment and enhance the fund sales service experience, Industrial And Commercial Bank Of China Limited has recently launched a new fund sales service brand, "Gongying Yanxuan." This brand is client-profit-oriented, building a pyramid-style public fund selection product system based on professional investment research capabilities. It simultaneously introduces full-cycle investment companion services, aiming to create a new fund sales service model integrating product selection, risk control, and client service.
Addressing the pain points of fund selection in an era of numerous funds, "Gongying Yanxuan" has established customized quantitative standards from the perspectives of client understanding and frontline marketing. The first phase of "Gongying Yanxuan" includes two core series: "Anying" and "Zhiying." The "Zhiying" series focuses on equity index products, selecting the best from the best among index and index-enhanced products, providing offensive return-enhancement tools for clients with higher risk tolerance seeking excess returns.
After multi-layered screening, Harvest Fund, which has been deeply engaged in the passive investment field for over 20 years, saw five of its index products included in the first batch of the "Zhiying" series product pool. These are the Harvest CSI 300 Dividend Low Volatility ETF Link Fund, the Harvest CSI Rare Metal Theme ETF Link Fund, the Harvest CSI Rare Earth Industry ETF Link Fund, the Harvest SSE STAR Market Chip ETF Link Fund, and the Harvest CSI Chip Industry Index Fund.
Among these, the Harvest CSI 300 Dividend Low Volatility ETF Link Fund primarily invests in the Harvest CSI 300 ETF to track the CSI 300 Dividend Low Volatility Index. This index selects 50 securities from the CSI 300 constituent stocks that have consistent dividends, relatively high dividend yields, and low volatility as index samples. Combining dividends as the spear and low volatility as the shield, it aims to provide investors with an option to smooth portfolio volatility and achieve balanced allocation.
The link funds for the "Rare Pair" - the Harvest Rare Earth ETF (516150) and the Harvest Rare Metal ETF (562800) - namely the Harvest CSI Rare Metal Theme ETF Link and the Harvest CSI Rare Earth Industry ETF Link, help off-exchange investors without securities accounts to invest with one click in the essential energy sectors of the new economy and areas of independent control.
For investors looking to efficiently invest in the core asset area of chips in the AI era, the selected Harvest SSE STAR Market Chip ETF Link and the Harvest CSI Chip Industry Index Fund each have their own characteristics. The Harvest SSE STAR Market Chip ETF Link mainly invests in the Harvest STAR Market Chip ETF (588200) to track the SSE STAR Market Chip Index, which includes mainstream STAR Market chip assets such as chip design, manufacturing, packaging, and testing. The Harvest CSI Chip Industry Index Fund closely tracks the CSI Chip Industry Index, which has a broader coverage. Besides chip design, manufacturing, packaging, and testing, it also includes leading companies providing semiconductor materials, wafer production equipment, packaging, and testing equipment for the chip industry.
The launch of the "Gongying Yanxuan" brand by ICBC is a significant move in deepening its wealth management business transformation. It not only introduces a product system with clear stratification and standards but also aims to build a full-process, multi-dimensional fund sales service guarantee system. The inclusion of five Harvest Fund index products in the first batch of the "Gongying Yanxuan" product pool also demonstrates, from another perspective, that its product shelf, combining breadth and depth, is expected to meet investors' diversified allocation needs, further highlighting its investment research foundation characterized by being "platform-based, integrated, and multi-strategy."
As one of the fund companies that entered the index business early in the public fund sector, Harvest Fund's index investment is guided by the sub-brand strategy of "Super ETF." It has currently built a comprehensive product matrix covering broad-based, sector, thematic, and Smart Beta strategies. In the future, Harvest Fund will continue to actively collaborate with Industrial And Commercial Bank Of China Limited, using the "Gongying Yanxuan" brand as a lever to continuously strengthen its professional investment research capabilities. It aims to enhance client investment satisfaction through a series of accessible, warm, and precise investment services, helping investors "feel and gain" on their wealth management journey.
Note: The Harvest CSI 300 Dividend Low Volatility ETF Link A does not charge a sales service fee. Subscription fee (front-end load): for amounts < 500,000 CNY, the rate is 1.20%; for 500,000 CNY ≤ amount < 2,000,000 CNY, the rate is 0.80%; for 2,000,000 CNY ≤ amount < 5,000,000 CNY, the rate is 0.40%; for amounts ≥ 5,000,000 CNY, the fee is 1,000 CNY per transaction. Redemption fee: for holding period < 7 days, the rate is 1.50%; for 7 days ≤ holding period < 365 days, the rate is 0.50%; for 365 days ≤ holding period < 730 days, the rate is 0.25%; for holding period ≥ 730 days, the rate is 0. The Harvest CSI 300 Dividend Low Volatility ETF Link C has a sales service fee rate of 0.40%, does not charge a subscription fee, does not charge a redemption fee for holding periods ≥ 7 days, and charges a 1.50% redemption fee for holding periods < 7 days. The Harvest CSI 300 Dividend Low Volatility ETF Link I has a sales service fee rate of 0.10%, does not charge a subscription fee, does not charge a redemption fee for holding periods ≥ 7 days, and charges a 1.50% redemption fee for holding periods < 7 days. The Harvest CSI 300 Dividend Low Volatility ETF Link Y does not charge a sales service fee. Subscription fee (front-end load): for amounts < 500,000 CNY, the rate is 0.60%; for 500,000 CNY ≤ amount < 2,000,000 CNY, the rate is 0.40%; for 2,000,000 CNY ≤ amount < 5,000,000 CNY, the rate is 0.20%; for amounts ≥ 5,000,000 CNY, the fee is 1,000 CNY per transaction. Redemption fee: does not charge a redemption fee for holding periods ≥ 7 days, charges a 1.50% redemption fee for holding periods < 7 days. Management fee for A, C, and I shares is 0.5% per annum, custody fee is 0.1% per annum. Management fee for Y shares is 0.15% per annum, custody fee is 0.05% per annum.
The Harvest CSI Rare Metal Theme ETF Link (Initiative) A does not charge a sales service fee. Subscription fee (front-end load): for amounts < 500,000 CNY, the rate is 1.00%; for 500,000 CNY ≤ amount < 1,000,000 CNY, the rate is 0.60%; for amounts ≥ 1,000,000 CNY, the fee is 1,000 CNY per transaction. Redemption fee: for holding period < 7 days, the rate is 1.50%; for 7 days ≤ holding period < 30 days, the rate is 0.10%; for holding period ≥ 30 days, the rate is 0. The Harvest CSI Rare Metal Theme ETF Link (Initiative) C has a sales service fee rate of 0.25%, does not charge a subscription fee, does not charge a redemption fee for holding periods ≥ 7 days, and charges a 1.50% redemption fee for holding periods < 7 days. Management fee for A and C shares is 0.5% per annum, custody fee is 0.1% per annum.
The Harvest CSI Rare Earth Industry ETF Link A does not charge a sales service fee. Subscription fee (front-end load): for amounts < 500,000 CNY, the rate is 1.00%; for 500,000 CNY ≤ amount < 1,000,000 CNY, the rate is 0.60%; for amounts ≥ 1,000,000 CNY, the fee is 1,000 CNY per transaction. Redemption fee: for holding period < 7 days, the rate is 1.50%; for 7 days ≤ holding period < 30 days, the rate is 0.10%; for holding period ≥ 30 days, the rate is 0. The Harvest CSI Rare Earth Industry ETF Link C has a sales service fee rate of 0.10%, does not charge a subscription fee, does not charge a redemption fee for holding periods ≥ 7 days, and charges a 1.50% redemption fee for holding periods < 7 days. Management fee for A and C shares is 0.5% per annum, custody fee is 0.1% per annum.
The Harvest SSE STAR Market Chip ETF Link A does not charge a sales service fee. Subscription fee (front-end load): for amounts < 500,000 CNY, the rate is 1.00%; for 500,000 CNY ≤ amount < 1,000,000 CNY, the rate is 0.60%; for amounts ≥ 1,000,000 CNY, the fee is 1,000 CNY per transaction. Redemption fee: for holding period < 7 days, the rate is 1.50%; for 7 days ≤ holding period < 30 days, the rate is 0.10%; for holding period ≥ 30 days, the rate is 0. The Harvest SSE STAR Market Chip ETF Link (Initiative) C has a sales service fee rate of 0.25%, does not charge a subscription fee, does not charge a redemption fee for holding periods ≥ 7 days, and charges a 1.50% redemption fee for holding periods < 7 days. The Harvest SSE STAR Market Chip ETF Link (Initiative) I has a sales service fee rate of 0.10%, does not charge a subscription fee, does not charge a redemption fee for holding periods ≥ 7 days, and charges a 1.50% redemption fee for holding periods < 7 days. Management fee for A, C, and I shares is 0.5% per annum, custody fee is 0.1% per annum.
The Harvest CSI Chip Industry Index (Initiative) A does not charge a sales service fee. Subscription fee (front-end load): for amounts < 500,000 CNY, the rate is 1.00%; for 500,000 CNY ≤ amount < 1,000,000 CNY, the rate is 0.60%; for amounts ≥ 1,000,000 CNY, the fee is 1,000 CNY per transaction. Redemption fee: for holding period < 7 days, the rate is 1.50%; for 7 days ≤ holding period < 30 days, the rate is 0.10%; for holding period ≥ 30 days, the rate is 0. The Harvest CSI Chip Industry Index (Initiative) C has a sales service fee rate of 0.25%, does not charge a subscription fee, does not charge a redemption fee for holding periods ≥ 7 days, and charges a 1.50% redemption fee for holding periods < 7 days. Management fee for A and C shares is 0.5% per annum, custody fee is 0.1% per annum.
Risk Warning: Funds carry risks, investment requires caution. Investors should read legal documents such as the "Fund Contract," "Prospectus," and "Product Key Facts Statement" to understand the fund's risk-return characteristics, especially its specific risks, and judge whether it aligns with their own risk tolerance based on their investment objectives, experience, and asset status. The fund manager promises to manage and use fund assets with honesty, credit, and due diligence but does not guarantee that the fund will be profitable or that principal will not be lost. Past performance does not indicate future results, and the performance of other funds does not guarantee the performance of this fund. The aforementioned products are issued and managed by Harvest Fund Management Co., Ltd. Selling agencies do not bear responsibility for the investment, redemption, and risk management of the products.
Comments