Galaxy Chinabond 1-3 Year CDB Bond Index Fund opens for subscription today.

Sep 22, 2021 (China Knowledge) - Galaxy Chinabond 1-3 Year CDB Bond Index Fund (013542) is launched today for subscription. The fund is a passive bond index fund managed by Galaxy Asset Management Co.,Ltd. This fund matches the relevant characteristics of the benchmark index investment to achieve the same yield as the bond index.

Our records show the company is currently managing 80 funds with aggregate AUM of RMB 106.41 bln.

The investment manager Zhang Pei has over 4 years of experience. He has previously developed expertise in mitigating various risks, optimizing fund performance, and has a master's degree. Currently there are 8 funds under his management, totaled RMB 46,852 mln asset under management (AUM).

Zhang seeks to invest the fund mostly in the manufacturing, finance and real estate industry. The top holdings in his current portfolio are China Development Bank (180205), Gansu Wanchuan Network Technology Co., Ltd (200202), Shangrao Fenglin Industrial Co., Ltd. (200210) and Lanzhou Meibo Biomedicine Technology Co., Ltd (200312), among which the best performing security rose 2.63% over the past 3 months.

Galaxy Consolidate Income Bond Fund (519676) which he manages, since 2 Feb 2018, performed the best recording 4.87% in terms of annualized return, exceeded its...