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Is ICBC a mixed consignment bank for defense and military industry of E Fund?
Hao Chen, the fund manager, is in charge of E Fund's defense industry (00 1475), which will be released on June 17. The fund will select military stocks for key investments. ICBC is not a consignment bank.

According to reports, during his tenure as an industry researcher, Hao Chen made a key research on military stocks. The investment performance of Yifangda Kexiang managed by it in the past year as of June 5, 20 15 was 220.38%, ranking first among Tianxiang active equity funds 1/20. It is worth noting that Hao Chen focused on the military industry in the third quarter investment outlook of E Fund 20 14. "Big opportunities will still appear in emerging industries and industries with reform dividends, such as military industry, information security, mobile medical care, and state-owned enterprise reform."

Judging from the performance of military stocks, from July 1 2065438 to June 5, 2065438, the military industry index rose from 893.92 points to 2935.83 points, with an increase of 228.42%, which greatly exceeded the Shanghai and Shenzhen 300 Index 14 1.58% in the same period.