A new fund of First Trust Fund Management Company will be issued
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.
It was learnt that the fund’s stock asset proportion of total asset would be 30 to 80 percent and bond asset proportion of total asset would be 0 to 65 percent. Besides, the fund will do some research on macroeconomic, market, industries, and companies and then choose the stocks that have sustainable growth advantages as well as the bonds that have good revenue and liquidity.
Copyright Fund China 2009.
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