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Name: CITIC-King Tower Compound Return Equity Trust Fund I
Founded date: Jan.6th,2010
Type: Securities Investment Trust Fund
Number of Participants: The number of participating natural personal is limited to 50,there is no limited on participating legal persons.
Period: 20 Years
Minimum Subscription Amount: Two million Yuan, increasing by multiple of 100,000 Yuan.
Targets: China;Investments in domestic listed stocks, bonds(National bonds, corporate bonds, convertible bonds),bonds repurchase, warrants, close-ended funds; buying and selling circulating ETFs and LOFs.
Subscription Time: The 20th of each month; three months after the establishment of the fund
Redemption Time: The lock-in period of the fund is six months. The redemption time is the 20th of each month after the lock-in period.
Subscription Fee: Free
Redemption Fee: Redemption between 7-12 months will be charged 3% of the redemption amount as redemption fee.Investors holding the fund more than 12 months are exempt from the redemption charge.
Subscription Price: One Yuan for each trust fund unit
Annual Management Fee: 1.5% of the trust fund's asset
Performance Reward: 20% of the net income
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