Among many index funds tracking CSI 300, ICBC CSI 300 has the characteristics of strong management ability, small tracking error, low transaction cost and high redemption efficiency. In terms of tracking error, ICBC CSI 300 continues to be in the forefront of the industry, and the average daily deviation shown in the quarterly report is only two ten thousandths; The management fee and custody fee of the ICBC CSI 300 Index are only 0.5% and 0. 1%, which is one of the lowest operating rates in the whole market. In particular, ICBC Credit Suisse Bank Fund announced that the redemption payment time of ICBC CSI 300 Index Fund will be adjusted from the previous T+3 day to T+2 day, which will greatly improve the efficiency of investors' capital use. ICBC CSI 300 has also become an OTC standard index fund with the shortest redemption payment time and the lowest comprehensive rate among similar products.