Significant premium, two funds urgently warn of risks

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On June 27th, Jin10 Data reported that recently, the secondary market trading price of the A-share RMB shares of E Fund’s Standard & Poor’s Information Technology Index Securities Investment Fund (LOF) was significantly higher than the net asset value of the fund shares. On the same day, CSOP Asset Management also issued a notice stating that recently, the trading price of the Nasdaq Technology Market Value Weighted Trading Open Index Securities Investment Fund (QDII) (Nasdaq Technology ETF) of CSOP Asset Management was significantly higher than the reference net asset value of the fund shares, with a significantly large premium. To protect the interests of investors, the fund will be suspended from trading from the opening of the market on June 27th until 10:30 am on the same day. E Fund and CSOP Asset Management remind investors to pay attention to the risk of premium in the secondary market trading price. If investors buy at a high premium, they may face significant losses.

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