China Merchants Securities Co., Ltd. refers to the investment scope of fund B of the securities company:
China Merchants Securities Co., Ltd. refers to the investment of fund B of securities company in financial instruments with good liquidity, including fixed-income investment products such as constituent stocks, alternative constituent stocks, stocks, stock index futures, bonds and bond repurchase, and other financial instruments permitted by laws and regulations or China Securities Regulatory Commission (subject to the relevant provisions of China Securities Regulatory Commission). The fund's assets invested in stocks are not less than 85% of the fund's assets, and the assets invested in index constituent stocks and alternative constituent stocks of all securities companies in CSI are not less than 90% of stock assets and not less than 80% of non-cash assets; At the end of each trading day, after deducting the trading margin required for stock index futures contracts, the Fund maintains cash of not less than 5% of the fund's net asset value or government bonds with a maturity of less than one year. ?
If the future laws and regulations or the China Securities Regulatory Commission allow the Fund to invest in other financial instruments, the fund manager can include them in the investment scope after performing appropriate procedures.