GUANGZHOU (Fund China) - Galaxy Asset Management Company announced that today the company would use 60 million Yuan fixed asset to purchase its two open-end funds. On the one hand, 20 million Yuan would be used for the issuing fund, Galaxy Superior Growth Fund. On the other hand, 40 million Yuan would be used for Galaxy Income Fund. But many investors questioned that fund companies would not suffer from loss when there were changes in the stock market because they used other people’s money to invest. To explain the motivation of purchasing its funds, the company stressed that the company’s bringing out a huge amount of money is to show its willing to stand with investors.

GUANGZHOU (Fund China) - In the Monthly Bulletin of Statistics of Zhongdeng Company, the data of participate in the main settlement net RMB clearing the top 50 show that in the index of 6124.04 points began to fall in October 2007, QFII has emerged bottom fishing. that month, QFII in the cities of Shenzhen and Shanghai held by the Clearing net is 11.15 billion yuan, relative September 2007 of 8.62 billion yuan a substantial increase.

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GUANGZHOU (Fund China) - Yesterday, reporters were informed from Changxin Fund Management Co. Ltd. that the company’s fifth fund product Changxin Enhanced Double Income Mixed Fund would be issued tomorrow. And the issue period is expected to be a month. Investors can subscribe the fund in the major banks and the outlets of the related brokerage.

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GUANGZHOU (Fund China) - We can say that the three key words “Growth, innovation and development” have condensed the 10-year history of the fund industry, which is 10 years rain from difficult business to glorious today, from closed to open glorious.

In this decade, the fund regulations and industry supervision are more and more perfect. Ten years ago, the fund industry is new legislate, there is only a industry regulation named “Interim Procedures for the securities investment fund management”. And today after ten years, there are “Securities Act”,”Fund Law” and dozens of laws, regulations, rules and regulations to regulate the whole fund industry’s development.

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GUANGZHOU (Fund China) - Months at the end of last year, the domestic CPI index continue in high level, and the bank interest rates are constantly increased, but there is also 3 percent difference between them,which means that if investors save their money in banks,the money will inevitably shrink, so investors require to find the appropriate financial products, set up a financial planning, including fund financing.

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GUANGZHOU (Fund China) - Last week, the stock marker did not continue to stabilize. The major index slipped all the way. And all types of funds, without exception, were also net impaired.

Since 2008, the decline of the market is similar to the trend of unilateralism. The factors influencing the market have changed from the external economic situation to domestic macroeconomic level. This effect on the market always will increase gradually. Especially in the continuous market, the psychological level has been developed to a fragile extent. And during this period, the psychological state of panic will be more obvious. The above factors contribute to the excessive market reaction last week.

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BEIJING (Fund China) - Theme: 2007 Morningstar (China) Fund Award

Morningstar Fund Manager of the Year Award Morningstar fund rating system is an important component part of the world for many years enjoyed the reputation. April 2004, the Morningstar Fund Manager of the Year Award was introduced in China, has issued four annual awards to outstanding performance on the annual performance of a fund management team affirmed, as well as investors choose to make long-term investments some reference.

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BEIJING (Fund China) - Yinhua Fund’s First QDII - YinHua Global Core Select Fund issued today. Fund investors through the Bank of China, China Construction Bank, Industrial and Commercial Bank of China, Bank of Communications, China Merchants Bank, Minsheng Bank, CITIC Bank and other banks and brokerages retail outlets.

It is understood that YinHua Global Core Select Fund are fund of funds (FOF). That the funds will not be less than 60% of fund assets invested in active management of the global equity funds and exchange-traded funds (ETF).

GUANGZHOU (Fund China) - Last week, Shanghai Stock Index and Shenzhen Component Index declined sharply in the largest range of history. As a result, the net assets of open-end funds diminished a lot. Among them, the market index funds were the hardest hit. Overall, their decline ranges were in the forefront. This is mainly because the stock proportion of the index funds was almost the largest. At the same time, some bond funds rose in the slumping market, showing the importance of portfolio allocation.

Now the market is repressed by many factors. However, the market valuation levels had fallen sharply after nearly six months of decline.

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GUANGZHOU (Fund China) - A good fund portfolio is not decided by the number of the funds. Instead, it is decided by the degree of difference of a fund in the portfolio.

In principle, first, the proportion of money market funds, bond funds, mixed funds and equity funds mainly determines the expected yield of the fund portfolio. Second, the allocation of equity funds and mixed funds in the core portfolio determines the long-term profits of the fund portfolio.

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