GUANGZHOU (Fund China) - The issue of new funds is still in its intensive period. There were two new funds issued today. China Universal Stable Blue Chip Fund is a new fund of investing in shares and bonds. Its share asset would take up 30 to 80 percent of the total asset while its bond asset would take up 0 to 80 percent of the total asset. A flexible asset allocation ratio will contribute to its respond adequate to the changes in the market today. However, SYWG BNP Paribas Competitive Advantage Equity Fund would invest in the competitive listed companies that could pass its comprehensive assessment of five major competitive advantages, including resources advantage, cost and efficiency advantage, market share advantage, independent innovation and core technology advantage and corporate management advantage.

GUANGZHOU (Fund China) - Since the beginning of 2008, in the situation that many large cap stocks slumped, Golden Eagle Small/Mid Cap Fund gained a good performance. According to the statistics from Galaxy Securities Research Center, the fund’s net increase ratio in this year ranked the third among the 136 similar funds as of May 26. While the same period statistics from Chengxing showed that the fund’s net increase ratio in this year ranked the second among the actively targeted funds.

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GUANGZHOU (Fund China) - Recently, bond funds attracted investors’ attention. The 6th fund of CCB Principal Asset Management Company, CCB Principal Stable Growth Income Bond Fund was popular. Only in one week, its issue had exceeded 500 million Yuan.

Wang Pei, the manager of the fund said that now it was a good time for bond funds. China’s one-year and two-year interest rates are at a relative high level in the global monetary system, which provides bond funds a good operation space. Investors can buy this fund in China Construction Bank, Industrial and Commercial Bank of China, Bank of Communications, Bank of China, China CITIC Bank, China Minsheng Bank, the major brokerage firms and the direct marketing center of CCB Principal Asset Management Company.

GUANGZHOU (Fund China) - E-Fund Management Company’s new fund, E-Fund Small/Mid Cap Fund will be issued on May 28. The new fund is the first small/mid cap fund of the company and it will mainly allocate small/mid cap stocks.

It is learnt that the new fund’s share asset shall take up 60 to 95 percent of the total asset. Besides, the asset of small/mid cap stocks shall not be less than 80 percent of the share asset.

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GUANGZHOU (Fund China) - It is learnt today that Guangfa Fund Management Company’s 9th fund, Guangfa Core Enhanced Equity Fund has been approved to be issued by the China Securities Regulatory Commission. And the fund will be available in Industrial and Commercial Bank of China and other major banks.

The funds is an equity fund whose share asset take up 60 to 95 percent of total asset and cash asset, bond asset and share option asset take up 5 to 45 percent of total asset. Besides, the market value of its share option shall not exceed 3 percent of its net asset value. And the proportion of cash and government bonds within a year shall not be less than 5 percent of the total asset.

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GUANGZHOU (Fund China) - It is learnt that Fund Management Company would spend 20 million Yuan buying its new fund, UBS SDIC Stable Growth Mixed Fund. UBS SDIC Fund Management Company will spend 20 million Yuan buying its new fund. The fund’s manager is Yuan Ye who is a veteran fund manager. Investors can buy the fund in Industrial and Commercial Bank of China or other major banks as well as brokerages.

The company said that the company’s buying its own new fund was to show its confidence to the fund’s performance.

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GUANGZHOU (Fund China) - First Trust Fund Management Company announced that its new fund First Trust Advantage Growth Mixed Fund will be issued on May 19, 2008. Investors can buy it in Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank or other banks and all major brokerage firms.

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GUANGZHOU (Fund China) - China Merchants Large Cap Fund will be issued will be issued on May 15. Huang Shunxiang who would be the manager of the fund said that the fund would be an equity fund that focused on large cap stocks. And its proportion to invest in stocks is between 60 to 95 percent. According to the reasonable value and good growth of the large cap stocks, Huang thought that the fund would catch the investment chances of China’s rapid economic growth by invest in those companies that were underestimated and would have good performances in the future. In this way, investors can share the good results of China’s rapid economic growth and have stable revenue.

GUANGZHOU (Fund China) - AXA-SPDB Value Growth Fund will be issued since today. At the same time, Rates for electronic direct purchase will be lower. And it accepts the purchase in the Shanghai Exchange.

According to the company’s notice, buying the public fund products through its electronic direct purchase system will have low frees. The front-end application fees can be lowered to 0.6 percent, which was over 0.6 percent before. But it will not lower by 40 percent than before.

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GUANGZHOU (Fund China) - Recently, the peple of China Securities Regulatory Commission confired that Jutian Fund Management Company has been bought by Morgan Stanley and Huaxin Securities, and has changed its name to Morgan Stanley Huaxin fund management co., Ltd.

After buying, Morgan Stanley will hold 40 percent of the stocks of this fund management company and become its largest shareholder, Huaxin securities owned 30 percent of the stocks.

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