Several bags of elders in the fund mean Chinese concept stock tickets. Select 50 Internet companies from China Stock Exchange to form a new index, which is China Internet 50. Fund companies see profits and issue funds that track this index, which is what we usually call "China-Europe Internet". Your cost determines your position in the Beggars' Sect: elders over 2.0 are collectively called ashes, 1.9x 9 bag elders, 1.8x 8 bag elders, 1.7x 7 bag elders, 1.6x 6 bag elders, 1.5x 5 bag elders.