First QDII Product -- “No. 1 Global Wealth Management” Launched

On December 22, the first batch of Oversea Wealth Management Product on Behalf of Clients, “No. 1 Global Wealth Management”, officially launched by Industrial Bank.

The product catered well to the investment opportunities of international bond markets. Through linking to the structured notes in bond basket, the product selected for customers the trump bond products under best bond fund management companies in a globalwide range. It would help investors share proceeds in international financial markets easily and achieve assets accretion.

The product not only represented advanced investment idea of industrial Bank, but also possessed the following advantages:

• Prudent Assets management

After converting the wealth management fund into U.S. Dollar, the U.S. Dollar principal could be 100% secured.

• High expected return

The product profit pegged to the PIMCO Emerging Market Bond, PIMCO High Yield Bond, and PIMCO Total Return Bond. According to the previous performance of the bonds in PIMCO bond basket, the highest expected annual return of the structured notes could over 8%.

• Effective risk control

The product profit linked to 3 high-quality bond categories, achieving quick assets accretion and 100% security of U.S. Dollar assets at the same time, offering sustained and stable investment return for investors.

• Flexible avoidance of exchange rate risk

According to their judgment of exchange rate between RMB and USD, investors could choose whether to accept the forward foreign exchange settlement service by the bank or not.

Since the product was the oversea wealth management product on behalf of clients, investors needed to undertake the risk of RMB exchange rate: before activating the product, they needed to purchase USD for investment on designated date according to the exchange rate prevailing on the date of conversion; upon the maturity of the product, they needed to convert the USD principal and profits into RMB on designated date according to the exchange rate prevailing on the date of conversion. Therefore, in the interest of avoiding client's exchange rate risk, Industrial Bank would offer forward foreign exchange settlement service for clients who desired to avoid the above risk.

For more detail about “No. 1 Global Wealth Management”, please dial our nationwide service hotline 95561 or log on to CIB Online : http://www.cib.com.cn.