Eternal Glory Fund releases transformation tips for Eternal Glory SZSE Innovation 100 ETF

On May 6, Yongying Fund released a notice regarding the transformation of Yongying Shenzhen Innovation 100 ETF, changing the index it tracks from "Shenzhen Innovation 100" to "Shenzhen 100". The fund units of "Yongying Shenzhen Innovation 100 ETF" will be changed to "Yongying Shenzhen 100 ETF" fund units. Yongying Fund has set a redemption option period for investors to choose. Changing the tracking index of an ETF is relatively rare based on past occurrences. Yongying Shenzhen Innovation 100 ETF was established in June 2021 with a size of 3.87 billion yuan, but by the end of the first quarter of this year, the size had dropped to less than 1 billion yuan. As of now, the fund has incurred losses of around 26% since its inception.