Product Overview Fund abbreviation Ruiyuan Wenjin Allocation Two-year Holding Hybrid Fund Code 014362. Fund abbreviation A Ruiyuan Wenjin allocated and held hybrid A fund code A014362 for two years. Fund manager Ruiyuan Fund Management Co., Ltd. Fund custodian China Merchants Bank Co., Ltd., effective date of fund contract - listing exchange and listing date, fund type, mixed trading currency, RMB, operation mode, other open opening frequency, for each fund A lock-in holding period is set for each fund share, and the lock-in holding period is 2 years. After the lock-in holding period expires, the open holding period will enter. Each fund share can only be redeemed and converted out from the first day of the open holding period. Fund Manager Date of starting to serve as fund manager of the Fund Date of securities practice. Note: This fund is a debt-biased hybrid fund.

1. Fund investment and net worth performance, investment objectives and investment strategies. Investment objectives. The fund invests in selected financial instruments such as stocks and bonds, and is supplemented by financial derivatives investment. Through asset allocation, it is strictly controlled. Fund risks, and strive to achieve long-term appreciation of the Fund. Investment scope The investment scope of this fund includes domestic stocks issued and listed in accordance with the law, including the main board, GEM and other stocks listed on the China Securities Regulatory Commission, depositary receipts, Hong Kong Stock Connect stocks, and bonds including treasury bonds, central bank bills, financial bonds, and corporate bonds. , corporate bonds, medium-term notes, short-term financing bonds, ultra-short-term financing bonds, subordinated bonds, government-backed agency bonds, government-backed bonds, local government bonds, convertible bonds including separable trading convertible bonds, exchangeable bonds and other economic Bonds, asset-backed securities, bond repurchases, bank deposits (including agreement deposits, time deposits and other bank deposits), money market instruments, interbank certificates of deposit, stock index futures, treasury bond futures and other laws and regulations or permitted by the China Securities Regulatory Commission. Other financial instruments invested by the fund must comply with relevant regulations of the China Securities Regulatory Commission. The Fund may participate in financing business in accordance with relevant laws and regulations.

2. If laws, regulations or regulatory agencies allow the fund to invest in other varieties in the future, the fund manager can include them in the investment scope after performing appropriate procedures. The proportion of the fund's investment in stock assets shall not exceed 40% of the fund's assets, and the proportion of investment in stocks underlying Hong Kong Stock Connect shall not exceed 50% of its stock assets. The proportion of the Fund's investment in interbank certificates of deposit shall not exceed 20% of the Fund's assets. At the end of each trading day, after deducting the margin required for stock index futures contracts and treasury bond futures contracts, the total proportion of cash retained by the fund or invested in government bonds with a maturity date within one year shall not be less than 5% of the fund's net asset value. The cash referred to by this fund does not include settlement reserves, deposits, subscription payments receivable, etc. If laws and regulations or the China Securities Regulatory Commission change the investment proportion restrictions of investment varieties, the fund manager may adjust the investment proportions of the above investment varieties after performing appropriate procedures.

3. Main investment strategy asset allocation strategy This fund will give full play to the research advantages of the fund manager and adopt a "top-down" approach to asset allocation. Through analyzing macroeconomic trends, market environment, financial Evaluate and analyze policies, monetary policies, industry cycle stages, etc., study and judge the domestic economic development situation, and determine or adjust the allocation ratio of various assets in the investment portfolio under the premise of strictly controlling the investment portfolio risks, so as to achieve long-term, sustainable and sustainable development of the Fund. Stable value-added. Bond market investment strategy: This fund analyzes the credit risk, liquidity risk, profitability, risk-adjusted rate of return of various types of bond assets, etc., anticipates changes in the risks and returns of various assets, and dynamically adjusts the allocated bonds. Categories and configuration ratios. Stock investment strategy This fund adopts a "bottom-up" investment research method and selects targets with investment value to construct a stock portfolio through in-depth research on listed companies. Macroeconomic and industry research are internalized in company research. As an important part of company research, objective value judgments are made based on the company's business management research. Depositary Receipt Investment Strategy. Leverage strategy. Stock index futures investment strategy. Treasury futures investment strategies, asset-backed securities investment strategies, and financing business investment strategies.

4. Performance comparison benchmark: ChinaBond Composite Wealth Index return rate × 75, CSI 300 Index return rate × 20 + CSI Hong Kong Stock Connect Composite Index return rate × 5. Risk-return characteristics This fund is a hybrid fund. Its expected return and expected risk level are higher than bond funds and money market funds, but lower than stock funds. If the Fund invests in stocks underlying the Hong Kong Stock Connect, it will bear the unique risks arising from differences in the investment environment, investment targets, market systems and trading rules under the Southbound Stock Connect mechanism.

5. Fees involved in investing in this fund, fund sales-related fees, the following fees are charged during the subscription/subscription/redemption process of the fund: Fee type share (S) or amount (M)/holding period (N) Charging method/rate Subscription fee: M＜10 million 0.80, M≥10 million 1,000.00 yuan/transaction, subscription fee (pre-charge) M＜10 million 0.80, M≥10 million 1,000.00 yuan/transaction, redemption fee The fund does not charge redemption fees. However, only after the expiration of the holding period of each fund unit for 2 years, the fund unit holder can apply for redemption of the corresponding fund unit. Note: For each fund unit, the Fund sets a 2-year lock-in period, and the fund unit holder can only redeem the fund unit after 2 years. Redemption, no redemption fee will be charged when redeeming.