This fund mainly invests in municipal investment bonds, including two mainstream varieties: municipal investment dollar bonds and municipal investment dim sum bonds; municipal investment dollar bonds are US dollar-denominated bonds issued by municipal investment platforms in overseas markets; municipal investment dim sum bonds are RMB-denominated bonds issued by municipal investment platforms in overseas markets. Both of them are issued in overseas markets, but the difference lies in the different currencies in which the bonds are issued.

The Fund will not invest directly into real property or physical commodities.