Category: Money Tips Date: 2006-09-05
Sally teacher's words:
Following the Shanghai 50ETF later, also launched in Shenzhen Shenzhen Yi Fonda 100ETF exchange-traded index funds (hereinafter called the deep 100ETF), and has been available for sale. By previous knowledge of the previous permit 50ETF also made a lot of investors are beginning to take an interest in the deep 100ETF. If investors want to invest in deep 100ETF, but also to do some preparation. Yi Fonda fund management company customer service center to answer investor questions related to the deep 100ETF, very representative, it is worth investor attention.
Q: For the deep 100ETF, with a investors in the subscription period can subscribe in cash and stock at the same time?
A: Yes.
Q: Deep 100ETF minimum Gu Shuwei 1000 stock option shares, more than 1,000 shares is required to be multiples of 100 shares, then 1,000 shares if not whether the part can be replaced with cash?
Answer: no.
Q: Deep 100ETF traded index funds, investors can be the same day in the secondary market to buy shares and then sell the ETF?
Answer: no.
Q: Why are stocks in the principles of the subscription there will be a first-come?
A: Because deep 100ETF is a kind of index fund products to track copy, so fund managers will have to accept the subscription of the constituent stocks of the restrictions on conduct. If investors to subscribe for the declared stocks is greater than the total number of fund managers can be confirmed by the maximum number of subscription, the subscription date according to the sequence in accordance with a first-come recognition. Stock subscription declared the day as the number of all confirmed that they would break through the ceiling of the fund managers may confirm a pro rata allocation of confirmation.
Q: for the subscription price of the constituent stocks of the deep 100ETF How determined?
A: The price of stocks according a sale of the last trading day (March 17) to calculate the average price.
Q: Deep 100ETF with the previous card 50ETF way What's the difference in the distribution?
A: Deep 100ETF compared with the previous card 50ETF be innovative way of sale, mainly reflected in:
(1) Internet Cash Call Time: Deep 100ETF online sale of cash to subscribe for the entire period of time each working day; on-line cash subscription card 50ETF sale period of time is the last trading day.
(2) stock options under the net time: Deep 100ETF stock options under the net time is available for sale of the last five days, investors can first apply for registration under the net stock option reservation (reservation is not registered as a subscription basis, please consult the specific securities business department); on the card 50ETF network time is available for sale under the share subscription period of the last trading day.
(3) Net stock options recognized under way: Deep 100ETF is based on the subscription date has confirmed that in accordance with a first-come, as the day to subscribe for the number of declared stocks all confirmed that they would break through the ceiling of the fund manager may confirm a pro rata distribution of confirmation; Shanghai 50ETF is stocks if the investor to subscribe to declare the total number of fund managers is greater than the maximum amount available to confirm the subscription, the subscription of investors in accordance with the declaration of the number of small to large fee.
Q: ETF traded, investors want to pay stamp duty, transfer fees?
A: Deep 100ETF exchange-traded index funds after the exemption of stamp duty, no transfer fee (in the SSE trading need to pay transfer fees), so deep 100ETF traded after the investor only needs to pay no more than 0.6% (one entry one) is Trading commissions can be.
Q: Through what channels, investors can check the success of the subscription?
A: The investors in the fund after the commencement of the contract to subscribe for the final turnover of sales outlets inquiries to confirm the situation and subscribed share.
Q: ETF minimum subscription and redemption of shares and purchase, redemption fee?
A: Deep 100ETF index fund subscription, redemption of a minimum share of one million copies. Investors in the purchase, redemption of fund shares, the agency securities companies in accordance with the standard no higher than 0.5% commission fee, which includes stock exchanges, registration and settlement institutions charge fees related thereto.
Q: Deep 100ETF index fund management fees and custody fees are?
A: Deep 100ETF a management fee of 0.5%, custodian fee of 0.1%.
Q: Deep 100ETF the sale of what are the hours arrangements?
A: The Fund's sale period from February 21, 2006 to March 17, 2006. Among them, online, net of cash under the sale date for the February 21, 2006 to March 17, 2006 (Bank of China cash sale date February 21, 2006 to March 16, 2006), net under the stock on sale date of March 13, 2006 - 2006 3 17 th.
Fund managers will be first come first serve principle recognizes the constituent stocks of investors, the subscription was successful. To avoid missing the last five working days of the subscription, investors can start to make appointments registration outlets.
Q: Deep 100ETF fund registration, ex-subscription, redemption and in the secondary market trading of shares in the fund is to enjoy when the second bonus?
A: In the deep 100ETF registration, ex-purchase, and in the secondary market to buy shares in the fund do not enjoy when the time dividends, redemption, and in the secondary market to sell shares in the fund to enjoy when the second dividend.
Q: Deep 100ETF relevant code?
A: Deep 100ETF index fund code 159,901, the underlying index code 399.33 thousand.
Q: What are a few deep 100ETF subscription methods?
A: The investors can subscribe through the following three ways deep 100ETF:
(1) Internet Cash Call: Investors Fund Distribution through qualified securities firms venue system in the offer period in order to subscribe for cash.
(2) under the net cash subscription: Through direct sales network of fund managers in order to subscribe for cash.
(3) Net stock options under the ingredients: investors through a dark period of 100 constituent stocks in the sale of the last five working days to subscribe.
Q: How deep 100ETF subscription fees charged?
A: The subscription rate no higher than 1%, more specifically, to subscribe for shares at 50 million copies of the following, the subscription rate of 1.0%; subscribed share of more than 50 million copies (including 50 million copies) - 100 million copies of the following , the subscription rate of 0.5%; subscribed share in more than one million copies (including 1 million copies), the subscription rate of 1,000 yuan each.
Fund managers to handle the cash to subscribe under the net when the charge in accordance with the rates shown in the previous subscription fees. Available online agency handling the cash subscription, net stock options under the light of the above may charge a commission rate structure.
Q: Deep 100ETF fund is an exact copy Shenzhen 100 index?
A: The Fund is mainly to take full replication method, namely, in full accordance with the composition of the constituent stocks of the underlying index, and its weight to build the fund equity portfolio and, based on the constituent stocks of the underlying index and weight changes to be adjusted accordingly. Under normal market conditions, the absolute value of daily tracking deviation does not exceed 0.1%, the annual tracking error of less than 2%.
Q: for the subscription of the constituent stocks of deep 100ETF occurred during the freezing of the transfer of changes in equity what to do?
A: If a stock in T to registration and settlement institution to freeze the stock transfer took place during the ex-dividend date, Major Holders (Zhuanzeng), share placements and other changes in equity, then as the corresponding rights and interests of investors, fund managers will T on the average price of the stock to adjust.
Q: Online Cash Subscription deep 100ETF, the subscription amount, share and share of how to calculate interest on discount?
A: Cash to subscribe for the subscription amount and interest on the Fund's share of conversion calculated as follows:
Subscription amount = subscription price × (1 + subscription rates) × subscribe for shares
Subscription fee = subscription price to subscribe for shares × × subscription rates
= Net subscription amount to subscribe for share subscription price ×
The share of the conversion of interest = interest / subscription price
For example: If investors want to invest in 1000 ETF (50 million copies of the following subscription rates apply to 1.0%), then he needs to pay 1010 yuan, 10 yuan for the subscription fees.
Verification of cash subscription money in the fund has generated interest would be converted into the fund shares owned by all holders of fund shares. Interest discounted shares in the fund reservation to the integer bit, fractional part of the rounding, rounding part of the property included in the fund. Interest converted into shares when the fund does not charge subscription fees.
