Product Description for NANYIN Wealth Management Ningxin Fixed Income Closed-end Financial Management Product No. 255
This is the product prospectus (产品说明书) for Ningyin Licai Ningxin Fixed Income Closed-end Wealth Management Product No. 255, a publicly offered, non-principal-protected floating-return fixed income product rated PR2 by the manager. The document sets out the product elements, including the subscription period from 19 December 2022 to 26 December 2022, an establishment date of 27 December 2022, a term of 406 days and a maturity date of 6 February 2024.
It further describes the investment management of the product, with an allocation range of 80%–100% in fixed income assets, 0%–20% in equity assets and 0%–20% in commodity and derivative assets, together with the related policy, market, credit and liquidity risks. It also covers the trading rules for subscription and cancellation during the subscription period, the fees (a fixed management fee of 0.60% per annum, plus custody and floating management fees), and points to later sections on fees, income distribution and tax, and on product maturity and termination. This manual is written in Chinese.
| Product term | 406 days |
|---|---|
| Subscription period | 19 December 2022 to 26 December 2022 |
| Establishment date | 27 December 2022 |
| Maturity date | 6 February 2024 |
| Risk level | PR2 (manager's internal rating) |
| Fixed income asset allocation | 80%–100% |
| Equity asset allocation | 0%–20% |
| Commodity and derivative asset allocation | 0%–20% |
| Fixed management fee | 0.60% per annum |
| Sales region | Nationwide (excluding Hong Kong, Macau and Taiwan) |
The term is 406 days, running from the establishment date of 27 December 2022 to the maturity date of 6 February 2024.
Fixed income assets make up 80%–100% of the allocation, equity assets 0%–20%, and commodity and derivative assets 0%–20%.
It is sold nationwide, excluding the Hong Kong, Macau and Taiwan regions.
The product charges a fixed management fee of 0.60% per annum, plus custody and floating management fees, as detailed in the section on fees, income and tax.