From: Morning News
Compiler: http://www.fundcn.org

With comprehensive report on June 29 the first half of the final end of a trading day, the half-year results are announced.

Statistics show that the disclosure of the net 343 partial shares funds, the first half of this year the rate of return over 50% as high as 228, accounting for all funds of 83.96%. The open-end fund is 188, 40 closed-end funds; more than 70% were 84, the open 65, and closed 19.

Fund performance gap narrowing

A quarter of this year, China selected by the wholesaler at 60.87% of the net growth in terms of net growth of the funds first. No. 2 Hua Xia small plate of ETF’s net margin reached 15.14%; six months down Hua Xia platter Featured still 109.55% of the net growth in terms of net growth of the funds first. But with the first two Yifangda Shenzhen Securities 100 ETF’s net margin was only 3%.

Fund shares worth 1.6 trillion

According to “China Securities Investment Fund in 2007 the first half of industry statistics report” shows that as at June 30, 347 Total net assets of the Fund 1.799073 trillion yuan, the combined share of the scale of 1.25846 trillion copies, respectively by the end of 2006 is the 2.1% and 2.02%. Direction of the stock fund net assets reached 1.67112 trillion yuan, accounting for Shanghai and Shenzhen A shares in circulation on the market of around 31.25%.

Copyright Fund China 2008.

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