2016 1
2016 1 2019 8 (i) 9 5. (ii) 10 11. 11.
2019 9
2016 1 2016 1 1. 20 (i) (ii) (iii) (v) (vi) (ix) (iv) (viii) (vii) (ii) (v) 2. 10 11. 1 / 2
2016 7 2 / 2
2016 1 2016 1 11 5 2016 1 1 / 1
2010 1 28 2016 1 Deacons
2010 1 28 104 Interpretive Guidance and Policy Statement Regarding Compliance with Certain Swap Regulations of the Commodities Futures Trading Commission 1 4 5 1. 2
(i) (ii) (i) 31 (ii) 183 2. 3. 4. 1996 8 20 1996 8 19 5. 1 NFFE 1471 1474 FATCA NFFE NFFE 2015 5 22 a) b) c) 3
d) e) f) (f) a) b) c) d) 1 e) 2 f) g) 50% (g) 50% 50% 50% 4
8 21 (852) 2978 7788 A www.jpmorganam.com.hk 104 (a) (b) 103 H H 5
H H H A H HH H H www.jpmorganam.com.hk 1 40% BBB- BBB- 40% 6
40% (A) AA (B) AA 7
1. 2. 8
3. 4. H CNY H CNH CNY 5. 6. 9
7. 20 8. 9. 10. FATCA FATCA 10
100 100 100 100 8 3 5 11
5 H 100 V1 7 20 12
(i) (ii) (i) a. b. (ii) (iii) 13
(iv) H 14
www.jpmorganam.com.hk www.jpmorganam.com.hk H H H H H 12 # www.jpmorganam.com.hk H # 12 15
H 5% 10,000 H 5% 1.5 = ( 10,000 X 5%) / (1+5%) = 476.19 = 10,000 476.19 = 9,523.81 = 9,523.81 / 1.5 = 6,349.21 10,000 6,349.21 H H 0.13% 0.5% 25% H 10,000 1.5 = 10,000 1.5 = 15,000 = 15,000 * 0.13% = 19.5 = 15,000 19.5 = 14,980.5 14,980.5 16
(A) 2015 12 18 [2015] 125 (B) [2008] 1 [2002] 128 20% 10% 7% A B 0.1% 17
1986 1471 1474 FATCA 30% 2014 7 1 30% 2019 1 1 FATCA FATCA FATCA 18
FATCA 90 60 15 www.jpmorganam.com.hk i. ii. iii. iv. v. vi. vii. viii. 19
ix. (i) (iii) (vi) (ix) (ii) (v) (iv) (viii) (vii) (ii) (v) (iv) (v) (iv) 20
2019
上投摩根行業輪動混合型證券投資基金 招募說明書 ( 更新 ) 2010 1 28
重要提示 1 2 3 4 5 6 7 8 2019 7 27 2019 6 30 H H H 1
目錄................................................................... 3................................................................... 3............................................................. 8............................................................. 20........................................................... 26............................................. 39............................................. 39............................................................. 49............................................................. 66............................................................. 67....................................................... 68..................................................... 74..................................................... 75..................................................... 77....................................................... 78............................................................. 83................................. 87................................................... 90............................................... 100............................................... 107......................................... 107..................................................... 108........................................................... 108 2
一 緒言 二 釋義 1 2 3 4 5 3
6 7 8 9 2012 12 28 2013 6 1 10 2013 3 15 6 1 11 2004 6 8 7 1 12 13 2017 8 31 10 1 14 15 16 17 18 18 4
19 20 21 22 23 24 25 26 27 28 29 30 31 5
32 33 34 35 36 37 38 39 3 T T+n T n T 40 41 42 43 44 45 6
46 47 48 49 50 51 52 53 54 55 56 10% 10 A 7
57 58 59 H 三 基金管理人 99 25 99 25 2004 5 12 51% JPMorgan Asset Management (UK) Limited 49% [2004]56 2004 5 12 2005 8 12 67% 33% 51% 49% 8
2006 6 6 2006 4 29 2006 6 2 2009 3 31 2009 3 31 1 Paul Bateman Chase Fleming Asset Management Limited Daniel J. Watkins 9
10
51 2 11
(QDII) 3 4 12
13
5 2003 7 2006 10 2006 12 2011 12 2012 11 2014 2 2015 7 2014 12 2010 1 28 2011 12 7 2011 12 7 2014 12 19 6 14
1 2 3 4 5 6 7 8 9 10 11 12 1 2 15
3 (1) (2) (3) (4) (5) (6) (7) (8) 4 (1) (2) (3) (4) (5) (6) (7) (8) 16
(9) (10) 5 (1) (2) (3) (4) 1 (1) (2) (3) (4) (5) 17
2 (1) (2) (3) (4) 3 (1) (2) 4 (1) (2) (3) (4) 18
(5) (6) 19
四 基金託管人 ( 一 ) 基金託管人概況 1 2 1987 4 8 7088 7088 252.20 [2002]83 0755-83199084 0755-83195201 1987 4 8 2002 3 15 A 4 9 600036 2006 9 22 H 9 22 3968 10 5 H 24.2 H 2019 3 31 67,943.47 15.86% 13.28% 2002 8 2005 8 7 80 2002 11 2003 4 20
(QFII) (QDII) 6S 6 FOF T+1 QDII ETF 1+N TOT 2016 6 2016 7 2016 2017 6 2.0 2017 8 2018 1 2017 2016-2017 3 20 5 12 2018 2018 20 21
( 二 ) 主要人員情況 2019 3 2018 2014 7 2013 5 2003 7 2013 5 1991 1995 1995 6 2001 10 2001 10 2006 3 2006 3 2008 6 2008 6 2012 6 2012 6 2013 11 2013 11 2014 12 2015 1 2016 11 2002 9 20 ( 三 ) 基金託管業務經營情況 22
2019 3 31 450 ( 四 ) 託管人的內部控制制度 1 2 3 (1) (2) (3) (4) 23
(5) (6) (7) (8) 4 (1) (2) (3) (4) (5) 24 24
(6) ( 五 ) 基金託管人對基金管理人運作基金進行監督的方法和程序 25
五 相關服務機構 1 2 A (1) 25 1 1 95533 www.ccb.com (2) 55 95588 www.icbc.com.cn (3) 69 69 95599 www.abchina.com (4) 95566 www.boc.cn (5) 7088 7088 95555 www.cmbchina.com (6) 188 188 95559 www.bankcomm.com 26
(7) 500 12 95528 www.spdb.com.cn (8) 154 95561 www.cib.com.cn (9) 168 168 95594 www.bankofshanghai.com (10) 6 95595 www.cebbank.com (11) 9 2495558 www.citicbank.com (12) 2 2495568 www.cmbc.com.cn (13) 22 22 95577 www.hxb.com.cn 27
(14) 17 17 95526 www.bankofbeijing.com.cn (15) 345 95574 www.nbcb.com.cn (16) 5047 5047 95511 3 www.bank.pingan.com (17) 713 400-830-8003 www.cgbchina.com.cn (18) 2 961122 www.drcbank.com (19) 70 www.srcb.com 021-962999 (20) 989 45 989 45 200031 95523 www.swhysc.com 28
(21) 358 20 2005 358 20 2005 830002 400-800-0562 www.hysec.com (22) 213 7 213 7 021-962518 www.shzq.com (23) 618 669 21 95521 www.gtja.com (24) 2 618 26 95575 www.gf.com.cn (25) 111 95565 www.newone.com.cn 29
(26) 1508 1508 95525 www.ebscn.com (27) 35 2-6 4008888888 www.chinastock.com.cn (28) 66 4 188 400-8888-108 www.csc108.com (29) 268 95562 www.xyzq.com.cn (30) 689 95553 www.htsec.com (31) 3 9 10 3 9 10 4008188118 www.guodu.com (32) 1012 16-26 95536 www.guosen.com.cn 30
(33) 228 95597 www.htsc.com.cn (34) 8 48 95548 www.cs.ecitic.com (35) 318 2 22-29 95503 www.dfzq.com.cn (36) 8026 95317 www.cfzq.com (37) 198 A 11 95351 www.xcsc.com (38) 222 1 2001 95548 www.sd.citics.com 31
(39) 200 39 4006208888 www.bocichina.com (40) 6008 16 17 400 6666 888 www.cgws.com (41) 500 29 021-68761616 4008888128 www.tebon.com.cn (42) A 18-21 04 01.02.03.05.11.12.13.15.16.18.19.20.21.22.23 6003 A 04 18 21 95532 www.china-invs.cn (43) 157 7 8 157 7 10 0591-96326 www.hfzq.com.cn (44) 1 2 27 28 1 2 27 28 021-58881690 www.cicc.com.cn 32
(45) 4018 35 28 A02 4018 35 28 A02 95517 www.essence.com.cn (46) 100 9 400-820-5999 www.shhxzq.com (47) 8 95579 4008-888-999 www.95579.com (48) 22 24 22 24 95571 www.foundersc.com (49) 5033 61-64 5033 61-64 95511-8 www.stock.pingan.com (50) 23 18 95531 4008888588 www.longone.com.cn 33
(51) 360 9 3724 1687 2 400-821-5399 www.noah-fund.com (52) 526 2 220 1267 11 400-820-2899 www.erichfund.com (53) 6 11 6 400-818-8000 www.myfund.com (54) 687 1 2 268 33 B 8 400-817-5666 (55) 33 11 B 1500 11 400-799-1888 www.520fund.com.cn (56) 8 53 5312-15 400-021-8850 www.harvestwm.cn 34
(57) 1318 1301 1801 400-820-8988 www.dbs.com.cn (58) 33 28 01A 02A 04 29 02 30 01 32 01 01B 33 01 03 34 01 35 33 28 01A 02A 04 29 02 30 01 32 01 01B 33 01 03 34 01 35 AU SIU LUEN 800 8301 880 www.citibank.com.cn (59) 201 13 1 16 15 17 16 18 4 17 4 19 18 20 1 19 1 21 1 3 4 20 1 3 4 23 22 25 2 4 23 2 4 27 2 25 2 28 26 4008888083 www.sc.com.cn (60) 685 37 4 449 1118 903-906 400-700-9665 www.ehowbuy.com (61) 5047 25 I J 5047 25 I J 4006-788-887 www.zlfund.cn www.jjmmw.com 35
(62) 969 3 5 599 18 B 6 400-0766-123 www.fund123.cn (63) 190 2 2 195 3C 9 400-1818-188 www.1234567.com.cn (64) 903 7 2 4008-773-772 www.5ifund.com (65) 1333 14 09 1333 14 400-821-9031 www.lufunds.com (66) 2 2 222 2 2 222 400-618-0707 www.hongdianfund.com (67) 6 105-3491 112 020-89629066 www.yingmi.cn 36
(68) ( )N-1 N-2 5 518 ( )N-1 N-2 5 518 010-62675369 www.xincai.com (69) 2 4 401-15 18 4000988511/4000888816 http: //fund.jd.com/ (70) 1 2 2-45 1 A 5 4008-909-998 www.jnlc.com (71) 1 A 201 A 17 1704 TEO WEE HOWE 400-684-0500 www.ifastps.com.cn 37
3. H 8 21 8 21 (852) 2978 7788 https://www.jpmorganam.com.hk/jfasset/web/promotionsfile/mrf/cn/index.html 4. H 2019 7 27 H 580 31 021-5234 1668 021-5234 1670 1318 6 202 2 11 (021) 23238888 (021) 23238800 38
六 基金的募集及基金合同的生效 [2009]1382 2010 1 6 2010 1 22 3,617,107,465.38 3,617,107,465.38 311,806.20 311,806.20 2010 1 28 2015 7 21 七 基金單位的申購 贖回和轉換 1 39
2 3 3 1 2 T T+1 T T+2 40
3 T 7 1 A 1 H 100 2 3 4 A 1 1 H 100 100 41
5 1 A H A H 2 = 1 = = T A 100 1.5% 100 500 1.0% 500 1,000 42
H 5% 3 = T = = A 1.5% 0.5% 0.25% 0% H 0.5% 4 5 6 A H T T+1 43
7 8 9 3 4 7 A 1.5% A 25% H 10 5% 5% 3 11 1 2 44
3 4 5 6 7 8 50% 50% 50% 1 2 3 4 6 8 1 2 3 4 5 50% 45
6 20 1 10% 2 (1) (2) 10% 46
(3) 20% 20% 20% 20% (4) 2 20 3 3 1 2 1 1 47
3 4 1 2 2 1 2 2 1 2 1 48
八 基金的投資 A 60%-95% 5%-40% 5% 80% 49
1 2 50
(1) (2) (3) A 51
B A PEG 52
(4) A B C D E F A 80% B 60% C 50% D E F 53
3 (1) (2) 2-3 (3) (4) 4 54
(1) (2) (3) (4) 5 55
6 300 80% + 20% 1 (1) 10% (2) 15% (3) 30% (4) 3% (5) 10% 56
(6) 10% (7) 40% (8) 60%-95% 5%-40% (9) 80% (10) 10% (11) 20% (12) 10% (13) 10% (14) BBB BBB 3 (15) (16) 0.5% (17) 5% 57
(18) 15% (19) (20) (14) (17) (18) (19) 10 6 2 (1) (2) (3) (4) (5) 58
(6) (7) (8) (9) 1 2 3 4 59
1 (%) 1 493,742,795.95 83.85 493,742,795.95 83.85 2 14,719,138.50 2.50 14,719,138.50 2.50 3 4 5 6 76,672,237.88 13.02 7 3,715,002.85 0.63 8 588,849,175.18 100.00 60
2 (%) A 18,433,830.15 3.14 B 335,475.00 0.06 C 375,738,800.57 64.02 D 2,925,153.00 0.50 E 9,269,562.40 1.58 F G H I 51,555,928.10 8.78 J 13,197,805.23 2.25 K 14,228,292.90 2.42 L 1,932,570.00 0.33 M 6,102,272.00 1.04 N O P Q R 23,106.60 0.00 S 493,742,795.95 84.13 61
3 (%) 1 000661 94,939 32,089,382.00 5.47 2 601012 1,334,675 30,844,339.25 5.26 3 002821 292,943 28,731,849.44 4.90 4 600438 2,021,052 28,415,991.12 4.84 5 300014 835,700 25,455,422.00 4.34 6 002157 1,446,500 24,098,690.00 4.11 7 600276 319,571 21,091,686.00 3.59 8 000063 517,692 16,840,520.76 2.87 9 600570 191,032 13,018,830.80 2.22 10 002714 217,831 12,806,284.49 2.18 62
4 (%) 1 10,008,000.00 1.71 2 3 4 5 6 7 4,711,138.50 0.80 8 9 10 14,719,138.50 2.51 5 (%) 1 019600 18 18 100,000 10,008,000.00 1.71 2 110054 26,250 3,223,762.50 0.55 3 110031 13,600 1,457,376.00 0.25 4 113028 300 30,000.00 0.01 6 63
7 8 9 10 11 (1) (2) (3) 1 262,128.60 2 2,324,527.80 3 4 263,054.71 5 865,291.74 6 7 8 9 3,715,002.85 64
(4) (%) 1 110031 1,457,376.00 0.25 (5) (6) 65
九 基金的業績 A 2010/01/28-2010/12/31 2011/01/01-2011/12/31 2012/01/01-2012/12/31 2013/01/01-2013/12/31 2014/01/01-2014/12/31 2015/01/01-2015/12/31 2016/01/01-2016/12/31 2017/01/01-2017/12/31 2018/01/01-2018/12/31 2019/01/01-2019/06/30 1.60% 1.15% -1.15% 1.27% 2.75% -0.12% -24.51% 1.10% -19.20% 1.04% -5.31% 0.06% 13.69% 1.14% 6.71% 1.02% 6.98% 0.12% 45.18% 1.36% -5.57% 1.11% 50.75% 0.25% 10.66% 1.19% 42.21% 0.97% -31.55% 0.22% 60.03% 3.10% 5.68% 1.99% 54.35% 1.11% -25.20% 1.94% -8.35% 1.12% -16.85% 0.82% 30.87% 1.28% 17.55% 0.51% 13.32% 0.77% -32.45% 1.67% -19.12% 1.07% -13.33% 0.60% 24.14% 1.68% 22.06% 1.24% 2.08% 0.44% 66
H 2016/01/26-2016/12/31 2017/01/01-2017/12/31 2018/01/01-2018/12/31 2019/01/01-2019/06/30-4.64% 1.67% 5.22% 0.93% -9.86% 0.74% 31.03% 1.28% 17.55% 0.51% 13.48% 0.77% -32.44% 1.67% -19.12% 1.07% -13.32% 0.60% 24.09% 1.68% 22.06% 1.24% 2.03% 0.44% 十 基金的資產 67
十一 基金資產的估值 1 (1) (2) (3) 68
(4) 2 (1) (2) (3) 3 4 5 6 69
1 0.001 2 3 3 1 70
2 (1) (2) (3) (4) 71
(5) (6) (7) 3 (1) (2) (3) (4) 4 (1) 72
(2) 0.25% 0.5% (3) (4) (5) 1 2 3 4 5 50% 73
1 2 5 十二 基金的收益與分配 1 2 3 4 40% 3 74
5 6 7 15 1 2 十三 基金的費用與稅收 1 2 3 4 5 6 7 75
8 9 1 1.5% H = E 1.5% H E 3 2 0.25% H = E 0.25% H E 3 3 76
2 十四 基金的會計與審計 1 2 3 4 5 6 7 1 1 12 31 1 2 77
3 十五 基金的信息披露 1 2 3 4 5 6 78
3 6 45 15 6 1 3 1 2 79
3 1 2 3 4 5 90 60 15 2 20% 80
2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 50% 30% 0.5% 81
18 19 20 21 22 23 24 25 26 27 82
十六 風險披露 ( 一 ) 投資於本基金的風險 1 市場風險 1 2 3 4 5 2 管理風險 1 2 83
3 流動性風險 4 特定風險 84
5 投資科創板股票存在的風險包括 : (1) (2) (3) (4) 20% (5) 85
(6) (7) 6 操作或技術風險 IT 7 合規性風險 8 其他風險 1 2 86
3 4 5 1 2 十七 基金合同的變更 終止與基金資產的清算 1 (1) (2) (3) (4) (5) (6) (7) 87
(8) (9) (1) (2) (3) (4) (5) (6) (7) 2 2 1 2 3 4 6 6 88
1 (1) (2) (3) 2 (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) 3 89
4 (1) (2) (3) (4) (1) (3) 5 5 6 15 十八 基金合同的內容摘要 1 (1) (2) (3) (4) (5) (6) (7) 90
(8) (9) 2 (1) (2) (3) (4) (5) (6) (7) 3 (1) (2) (3) (4) (5) 91
(6) (7) (8) (9) (10) (11) (12) (13) (14) 4 (1) (2) (3) (4) (5) 92
(6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) 93
(20) (21) (22) (23) (24) (25) (26) (27) 5 (1) (2) (3) (4) (5) (6) (7) (8) 94
6 (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) 95
(14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) 1 10% 10% (1) (2) (3) 96
(4) (5) (6) (7) (8) (9) (10) 2 (1) (2) 10 60 (3) 10% 10 60 10% 10 60 97
(4) 10% 10% 30 (5) 3 (1) 50% (2) 30 2 (3) 98
4 (1) (2) (i) 50% ii (ii) (3) (4) (5) (6) 1 2 6 99
3 4 6 十九 基金託管協議的內容摘要 1 2 1987 4 8 7088 7088 252.2 [2002]83 0755-83199084 0755-83195201 100
1 2 6 101
10 3 4 102
5 6 7 103
8 9 10 1 2 3 4 5 6 104
7 1 2 3 0.001 A H 15 105
1 2 (1) (2) (3) (4) 106
二十 對基金單位持有人的服務 1 2 (www.cifm.com) 400 889 4888 021 3879 4888 www.cifm.com 二十一 招募說明書的存放及查閱方式 107
二十二 其他應披露事項 1 2 2019 5 31 2019 6 26 二十三 備查文件 108
0919 www.jpmorganam.com.hk