The China Securities Investment Association releases the "Guidelines for the Implementation of Sustainable Investment Strategies for Publicly Offered Securities Investment Funds (Trial)"

On June 12th, the Asset Management Association of China (AMAC) issued a notice regarding the release of the "Guidelines for the Application of Sustainable Investment Strategies for Publicly Offered Securities Investment Funds (Trial)". The guidelines state that funds applying sustainable investment strategies should at least use negative exclusion or positive screening methods, as well as integrate investment methods. Funds should also carefully and reasonably assess the number of target assets in the investment pool. Sustainable investment strategies should cover more than 80% of non-cash fund assets. Funds mainly using sustainable investment strategies should set performance benchmarks that reflect these strategies. This announcement is aimed at regulating the application of sustainable investment strategies for publicly offered securities investment funds to protect the legitimate rights and interests of investors. The guidelines will be implemented on the date of issuance, and any funds not in compliance should be adjusted according to the relevant regulations of the China Securities Regulatory Commission on the performance benchmark for publicly offered securities investment funds. Non-compliance with other provisions of the guidelines should be adjusted within one year from the date of implementation.