Linked fund refers to the fund that invests most of the fund assets in the ETF (target ETF) that tracks the unified underlying index, closely tracks the performance of the underlying index, pursues the minimization of deviation and tracking error, and adopts open operation.
At present, Kechuang 50 Link Fund is a fund that tracks the ETF of Kechuang 50 Index.
Kechuang 50 Link Fund also has some specific risks.
1. The risks of investing in science and technology innovation board stocks include the risk that science and technology innovation board enterprises can't make a profit or even lose a lot, the risk of stock price fluctuation, the risk of liquidity, the investment risk of red-chip enterprises, the risk of delisting of science and technology innovation board enterprises, the risk that science and technology innovation board stocks are different from the main board market in terms of issuance and trading mechanism, the risk of changes in regulatory rules, the risk of relevant systems for science and technology innovation board investors, and the risk of short trial period of design registration system for science and technology innovation board.
Second, the risks of indexed investment include the risk of short release time of the underlying index, the risk of changes in the marking scheme of the underlying index, the risk of index fluctuation, the risk of index compilation, and the risk of deviation between the fund return rate and the performance comparison benchmark return rate.
Thirdly, the special risks of the linked fund include the risk of having different risk-return characteristics and net growth rate from the target ETF, and the risk of changing the linked fund of the target ETF into an index fund that directly invests in the target ETF.
Fourth, the unique risks of investing in specific varieties (including financial derivatives such as stock index futures and stock options, asset-backed securities, etc.). ).
Fifth, the risk of participating in the refinancing and securities lending business.
Sixth, the risk of fund contract termination.