In terms of fees, the subscription fee for ChinaAMC 300 is 1.2%, the subscription fee for Harvest 300 is 1.5%, the management fee is 0.5%, and the custody fee is 0.1%. The cost in China is slightly lower. Since these two are established companies, and ChinaAMC’s other index funds have also done quite well, we have reason to believe that ChinaAMC 300’s ability to track the index will not be worse than Harvest 300, and ChinaAMC’s performance benchmark is the Shanghai and Shenzhen 300 Index returns. The interest rate × 95% + 1% should be better than the 5.0% of Harvest 300 × interbank deposit interest rate + 95.0% × CSI 300 Index, so ChinaAMC 300 will be more worthy of investment. But I have checked other index funds in China, and they all pay very little dividends, while Harvest’s dividends are relatively frequent. For index funds, dividends are very important when the market turns. For example, when the index fell from 6,000 points in 2007, the difference between having dividends and not having dividends is very big. In fact, I personally think that index funds are not worthy of long-term investment. You can go to my QQ space to see the truth about index funds. According to wind data, the net value of the restoration units of the 30 earliest stock funds established in China from the date of establishment The growth rates are all better than those of the Shanghai Composite Index in the same period, with the average excess exceeding nearly 200%. The current stock index is about 3,000 points. In history, only the 2007 bull market was higher than this point, which shows that this point is not low. I think index funds are not suitable for long-term investment, they are more suitable for speculation. In fact, financial institutions such as funds and securities companies often make profits through short-term speculation in index funds. The media often reports that this is the reason why index funds have net subscriptions after a sharp decline. Investment is risky, so be cautious. It was the index fund that fell the most in 2008, and it was the index fund that fell the most in August 2009.