China Universal CSI Hugangshen Technology Leading Index Initiating Fund opens for subscription today.

Sep 22, 2021 (China Knowledge) - China Universal CSI Hugangshen Technology Leading Index Initiating Fund (013094) is launched today for subscription. The fund is a passive equity index fund managed by China Universal Asset Management Co.,Ltd. This fund builds a portfolio by buying all/part of the index to track the performance of the selected index.

Our records show the company is currently managing 216 funds with aggregate AUM of RMB 920.35 bln.

The investment manager Le Wuqiong has over 2 years of experience. She has previously developed expertise in mitigating various risks, optimizing fund performance, and has a master's degree. Currently there are 5 funds under his management, totaled RMB 4,507 mln asset under management (AUM).

Le seeks to invest the fund mostly in the manufacturing, finance and information transmission, software & information technology services industry. The top holdings in her current portfolio are Jiangsu Hengrui Pharmaceuticals Co.,Ltd (600276), East Money Information Co., Ltd. (300059), Kweichow Moutai Co.,Ltd. (600519) and Hangzhou Hikvision Digital Technology Co.,Ltd. (002415), among which the best performing security rose 13.51% over the past 3 months.

CSI 800 ETF (515800) which she manages, since 8 Oct 2019, performed the best recording 14.98% in terms of annualized...