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Multiple linked funds have added Class I shares
On November 12, Jinshi Data reported that on November 12, Cathay Pacific CSI A500 ETF Feeder Fund and Yin Hua CSI A50 ETF Feeder Fund both announced the addition of Class I shares. When investors subscribe to Class I shares of the funds, no subscription fees will be charged, but a sales service fee of 0.10% of the annual fee rate will be deducted from the fund's assets. Specifically, the sales service fee for Class I shares of the funds mentioned above will be calculated based on the net asset value of Class I shares of the fund on the previous day at an annual fee rate of 0.10%. Investors who hold Class I shares for less than 7 days will be charged a redemption fee of 1.50%, and the full amount of the redemption fee will be included in the fund's assets. Investors who hold Class I shares for at least 7 days will not be charged a redemption fee. In addition to the above-mentioned two funds, recently, Yin Hua SSE STAR Market 100 ETF Feeder Fund also announced the addition of Class I shares.