1, Penghua CSI Insurance Index (fund code: 160625) is a kind of fund. Buying a fund is like stock trading, buying at a low price and selling at a high price. As long as there are savings cards and securities cards, you can buy and sell funds. There are generally three kinds of fees for purchasing open-end securities investment funds: ① A "subscription fee" is required for purchasing newly established funds; (2) Purchase of old funds requires payment of "subscription fee"; ③ A "redemption fee" is required when the fund is redeemed. The general subscription rate is 1.2%, the subscription rate is 1.5%, and the redemption rate is 0.5% (money market funds are free).

2. Penghua CSI Insurance Index (160625) Fund investment scope:

(1) The proportion of index constituent stocks and their alternative constituent stocks of the investment target is not less than 90% of the net asset value of the fund and not less than 80% of the assets of non-cash funds;

(2) At the end of each trading day, after deducting the trading margin required by the stock index futures contract, keep the cash not less than 5% of the fund's net asset value or the government bonds with maturity within one year;

(3) The market value of all warrants held by the Fund shall not exceed 3% of the net asset value of the Fund;

(4) All funds managed by the fund manager hold the same warrant, which shall not exceed 65,438+00% of the warrant;

(5) The total amount of warrants purchased by the Fund on any trading day shall not exceed 0.5% of the net asset value of the Fund on the previous trading day;

(6) The proportion of the Fund's investment in various asset-backed securities of the same original owner shall not exceed 65,438+00% of the fund's net asset value;

(7) The market value of all asset-backed securities held by the Fund shall not exceed 20% of the net asset value of the Fund;

(8) The proportion of the Fund holding the same asset-backed securities (referring to the same credit rating) shall not exceed 65,438+00% of the asset-backed securities;

(9) All funds managed by the fund manager shall invest in all kinds of asset-backed securities of the same original owner, and shall not exceed 65,438+00% of the total size of all kinds of asset-backed securities;