Hua 'an Strategic Preferred Stock Fund, which was transformed from the fund An Jiu, will be subscribed for at the face value of 1 yuan from next Wednesday (1August 5), with the maximum offering scale of 100 billion yuan.
The fund will implement limited subscription and adopt the sales method of "full advance, doomsday ratio confirmation and balance return". Investors can purchase through Bank of Communications, Industrial and Commercial Bank of China, China Construction Bank, Postal Savings Bank, China Merchants Bank, Shanghai Bank, major securities firms, Huaan Fund electronic trading platform and other channels.
According to reports, the investment goal of the fund is to "take the preferred stock as the core and cooperate with various investment strategies to share the benefits brought by China's economic growth and realize the long-term stable appreciation of the fund assets under the premise of fully controlling risks."