China Merchants China Fund (00133) proposes to re-appoint China Merchants China Investment Management as investment manager

Zhitongcaijing · 10/18 10:25

Zhitong Finance App News, China Merchants China Fund (00133) issued an announcement. On October 18, 2024, the company signed a new management agreement with China Merchants China Investment Management. The content proposed re-appointing China Merchants China Investment Management as the company's investment manager during the management period. In order to be closer to the market situation and provide competitiveness while maintaining the current cost structure, the company and China Merchants China Investment Management negotiated and agreed to reduce each sub-management fee by 25 basis points. With the exception of the above reductions, the terms of the new management agreement are in all significant respects the same as the terms of the existing management agreement approved by independent shareholders in 2021.