How about Bosera Gold (159937)? Investment objective
By investing in the gold spot contract of the gold exchange, the Fund strives to provide investors with a return on investment close to the performance of the underlying index on the premise of minimizing the tracking deviation and tracking error. Scope of investment
The Fund can invest in the gold spot contracts and laws and regulations of the gold exchange or other financial instruments allowed by the China Securities Regulatory Commission. The Fund mainly invests in gold spot contracts of the gold exchange, including: solid gold spot contracts, deferred gold spot delivery contracts and other contracts listed on the Shanghai Gold Exchange and approved by the People's Bank of China. Based on the consideration of tracking error, liquidity factor and transaction convenience, the Fund will mainly invest in AU99.99 in the gold spot firm contract. However, due to special circumstances (such as insufficient liquidity, etc.), the fund manager can invest in AU99.99 and AU(T+D) or other varieties to make appropriate substitutions. If laws, regulations or regulatory agencies allow other varieties of capital in the future, the fund manager can include them in the investment scope after performing appropriate procedures. The gold spot contract that the Fund mainly invests in can be adjusted according to the change of market liquidity, and this adjustment does not need to convene a holders' meeting. The Fund can engage in gold spot leasing business. Investment strategy
The Fund mainly adopts passive management strategy. The proportion of assets based on the gold spot contract is not less than 9% of the fund assets. Based on the consideration of tracking error, liquidity factor and transaction convenience, the Fund will mainly invest in AU99.99 in the gold spot firm contract. However, due to special circumstances (including but not limited to insufficient liquidity, etc.), the fund manager can invest in AU99.99 and AU(T+D) or other varieties to make appropriate substitutions. Under normal market conditions, the fund's risk management goal is to pursue that the absolute value of daily average tracking deviation should not exceed .2% and the annualized tracking error should not exceed 2%. When the tracking deviation and tracking error of the fund exceed the above range, the fund manager should take reasonable measures to avoid further expansion of the tracking deviation and tracking error. Dividend policy
The Fund distributes income based on the principle that the cumulative rate of return of the fund after income distribution is as close as possible to the cumulative rate of return of the underlying index in the same period. Based on the nature and characteristics of the Fund, the income distribution of the Fund does not need to make up for the floating losses, and after the income distribution, the net value of the fund shares after ex-dividend may be lower than the face value. The income distribution of the Fund shall follow the following principles: 1. The income distribution of the Fund shall be in cash; 2. Each fund share enjoys equal distribution rights; 3. Only when the cumulative rate of return of the fund approved on the fund income evaluation date exceeds the cumulative rate of return of the underlying index by more than 1% in the same period can the income be distributed; 4. Under the premise of meeting the dividend conditions of the relevant funds, the fund's income distribution is at most 2 times a year; The distribution ratio of each fund income shall not be less than 5% of the distributable profit at the end of the period. If the fund contract takes effect less than three months, the income may not be distributed; 5. Profit available for distribution at the end of the period refers to the lower of undistributed profit and realized income in undistributed profit in the balance sheet at the end of the period; 6. Where laws, regulations or regulatory agencies provide otherwise, such provisions shall prevail. Performance benchmark
Gold spot firm contract AU99.99 yield risk-return characteristics
The main investment object of the Fund is gold spot contract, and the expected risk/return level is similar to that of gold, which is a fund with higher risk and expected return in securities investment funds.