The fund 16 1725 is China Merchants CSI Liquor Index (LOF)A( 16 1725), and the current fund manager is Hou Hao.

Hou Hao, Master of Economics, CFA(CharteredFinancialAnalyst Risk Manager, FRM), joined China Merchants Fund Management Co., Ltd. in 2009 as a senior risk manager and head of the risk management department, responsible for investment risk management, performance attribution, financial engineering research, etc. 201kloc-0/joined the quantitative investment department. The main research directions of Quantitative Investment Department are stock index futures/commodity futures trading strategies and algorithms, structured product design, quantitative stock selection, microstructure and so on. He is currently the investment manager of the quantitative investment department of China Merchants Fund.