GUANGZHOU (Fund China) – From the TX Investment Consulting statistics data, from the fourth quarter of last year, fund is cutting its holdings in the five industries mainly. They are non-ferrous metals, real estate, finance & insurance, transportation & storage, and wholesale & retail trading while the top 5 increasing holdings industries are food & beverages, petroleum & chemicals, information technology industry, building industry & bio-Pharmaceutical industry. And this smart operation is mainly reflected in the market performance. The non-ferrous metals and real estate stocks fell which are still under adjustment while the small & medium market value stocks like agricultural, chemical, pharmaceutical, food & beverage and department stores are all in its leading rising uptrend.

Recently, most funds’ the fourth quarter reports in 2007 have released and compared with the same period market movement associated with the fund’s performance of industry allocation, share investment strategy and the representative holding positions in the fourth quarter of last year, funds still hold the absolute leading role in this round adjustment. And this leading role is obviously reflected in the market’s ups and downs. Since the fourth quarter of last year, the top 5 fund increasing holding industries are all in a elevated rise while the top 5 fund deceased holding industries are in a gloom mood.

Copyright Fund China 2009.

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