E Fund Gold Mining ETF FAQ

Q1: What is the investment objective of the E Fund Gold Miners ETF (or E Fund (Hong Kong) Solactive Global Gold Miners Select Index ETF)? The core objective of this fund is to closely track the performance of the Solactive Global Gold Miners Select Index.

E Fund is committed to providing investors with a convenient tool to gain exposure to the global gold mining sector. Leveraging our professional investment research system, we aim to continuously optimize management amidst market cycle fluctuations, working together with investors to capture the long-term development trends and investment opportunities in this industry.

It is important to note that this fund primarily invests in the single sector of gold mining, and therefore may face higher sector concentration risk and net asset value volatility risk due to gold price fluctuations. Investors should make prudent decisions based on their own risk tolerance.

Q2: Where can I view the fund's underlying holdings (i.e., constituent stocks) information?

Fund Holdings: According to market convention, ETF holdings data is typically updated and published on a T+1 basis (i.e., the next trading day). This is an ongoing daily information disclosure aimed at ensuring investors can timely and accurately understand the fund's investment portfolio. For example, this fund listed on Friday, January 30, 2026, and its first-day holdings were published the following Monday, February 2, 2026. Subsequently, holdings for each trading day will be updated the next day following this convention. You can visit the relevant page on the E Fund (Hong Kong) official website at any time to view the latest holdings report: https://www.efunds.com.hk/sc/products/51/important/
Tracking Index Overview: If you wish to understand the detailed composition of the Solactive Global Gold Miners Select Index tracked by the fund, including the list of index constituents, their weights, calculation methodology, etc., you can visit the official website of the index provider, Solactive: https://www.solactive.com/indices/?index=DE000SL0R4H1#detail

Q3: How should one understand the short-term fluctuations in the fund's net asset value and secondary market price? Fluctuations in the fund's net asset value and secondary market price are influenced by multiple factors, including changes in the global market environment and adjustments in investor expectations. This is a normal phenomenon in financial markets. Particularly, the volatility of the gold mining sector is usually higher than the overall market level. Investors need to be aware of the risk of significant price fluctuations and even substantial drawdowns. However, the gold mining sector also possesses its unique long-term industrial logic and intrinsic value support. We recommend investors view short-term market fluctuations rationally and focus more on the long-term investment value and growth potential of this sector.

Q4: How does the fund management team operate in the face of market volatility?
A4: The fund management team will continue to rely on refined management capabilities, adopting a passive investment strategy to track the target index's performance by replicating the index constituent portfolio. We are committed to efficient and precise portfolio management. Our goal is to accompany investors in navigating market changes steadily and strive to achieve long-term investment returns.

E Fund Hong Kong Disclaimer

Investment Risk Warning The issuer of this report is E Fund Asset Management (Hong Kong) Limited. This report does not constitute an invitation or recommendation to invest in fund units. Subscription for fund units must be made using the application form attached to the fund prospectus. Investment involves risks. Fund prices may rise or fall, and past performance is not indicative of future results. Before investing, investors should carefully read the investment risks related to the fund in the fund prospectus (including the "Risk Factors" section).

Distribution Restrictions This report may only be distributed in certain jurisdictions. This report does not constitute such distribution or invitation or recommendation in any jurisdiction where the distribution of such materials or the making of any invitation or recommendation is not permitted, or where the distribution of this report or the making of any invitation or recommendation to any person would be unlawful. This document is exempted from pre-vetting and authorization by the Securities and Futures Commission of Hong Kong and has not been reviewed by the SFC.

SFC Authorization Statement SFC authorization does not imply a recommendation or endorsement of the scheme, nor does it guarantee the commercial merits or performance of the scheme. It does not mean the scheme is suitable for all investors, nor does it endorse the scheme as suitable for any individual investor or any class of investors.

$E Fund Gold Miners ETF(02824.HK)$Zijin Mining(02899.HK)$Zhaojin Mining(01818.HK)$Shandong Gold(01787.HK)$International Gold Group(03939.HK)$Newmont Corporation(NEM.US)$Chifeng Gold(06693.HK)