China Securities Index Co., Ltd and Alashan Ecological Foundation have jointly announced the launching of the CSI Alashan Ecological 100 theme index recently.
It is the first ecological index initiated by the foundation in the country.
Index funds of two fund companies, Fullgoal Fund and Dacheng Fund, have also been authorized to issue related fund products in the future.
Fund companies promised to donate 10 percent of annual revenue from management fee of the index to the Alashan Ecological Foundation, a commonweal organization devoted to improving the ecological environment in Alashan, one of China's four sandstorm source regions in western Inner Mongolia.
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