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You are here: Fund China > Fund News > 80 billion! Expansion Fund flows in July.

80 billion! Expansion Fund flows in July.

By Fund China
Published: 15:43, July 24th, 2007

From: “Shanghai Securities News”
Compiler: Fund China

Fund may issue is the A share market is “a myth that” momentum. With the indexes back on 4200, yesterday the first selection Dacheng Fund also gain market recently issued a rare on the first day of sales outraged. This is the first five years, only landing the market closed-end funds. And the statistics show that in July the issuance of the new fund and old fund the continued marketing, conservative estimate the stock market will bring nearly 80 billion of the additional funds.

Dacheng Selection for the first day of sales, the joint securities Chengdu Huanhua North magnitude of the marketing department, said : “Yesterday business department sold more than 600 million, many customers have long been over for a subscription. It was purchased by the millions. We are a little unexpected. “Zhang Tao that can be optimized in Dacheng Selection first day sales hit, with the last two days stability in the market, Investor confidence has much to restore. “Many customers found that two months ago when the stock fall 50% -60%. Most funds will or several points. or investment funds more reliable. “Fund companies from the data, Dacheng Selection is expected to conclude early issue. This issue size limit of 50 million copies.

Dacheng selection not only, along with the stock market index and the broad-banded concussion accelerated IPO shares, Fund recently issued waves accelerated expansion trend. Currently, or will be issued by the Fund include : emerging growth Boshi Fund July 19-August 3, issued 15 billion limit; Great Wall brand Optimization Fund, July 20 to August 20, issued 12 billion limit; ABN AMRO TEDA  Selection Fund, July 26 to August 26, issued 12 billion limit.

Earlier, the Yimin innovative edge hybrid securities investment fund has been formally established, the fund-raising 7.23 billion yuan. UBSSDIC Ruifu Fund under the Fund and the aggressive level Ruifu priority Fund, ICBCCS under ICBCCS and dividend funds have also established. two funds together to raise funds to reach 12 billion yuan.

Sustained sales, Bank of sustained growth in the Fund will be July 27th to August 9th day of a two-week continuing resolution sales, limit the total size of 100 million copies within. Prior to the Jingshun Great Wall resource monopolies also said in an announcement will be July 26 resolution, the scale of 10 billion ceiling. Wanjia harmony Fund on July 19 resolution, size 5 billion ceiling.

Copyright Fund China 2009.

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