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Lomarda China to launch Shanghai/Shenzhen indexed fund

Lomarda China Fund Management is going to offer a Shanghai Shenzhen 300 Index-based listed open fund (LOF) on May 18. The fund will track the SHSZ 300 yield and current deposit interest rate yield. The fund is managed by Lomarda China with Industrial Bank China as its custodian. The management fee is 1% and the custodian fee is 15bp. The…

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