CITIC Index is not a fund. CITIC Index mainly reflects the price trend of A-share stocks with the largest market value and the most liquidity in various industries in China stock market. CITIC Index, like the Shanghai and Shenzhen 3 Index, is an index that reflects the trend of some stock prices.

fund is a kind of collective securities investment mode with * * * benefits and * * * risks. By issuing fund units, investors' funds are concentrated and managed by fund custodians, and fund managers manage and use funds to invest in financial instruments such as stocks, bonds, foreign exchange and currencies, so as to obtain investment income and capital appreciation.