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You are here: Fund China > Fund News > Bank of Communications Schroders blue chip fund have been approved to issue

Bank of Communications Schroders blue chip fund have been approved to issue

By Fund China
Published: 09:02, July 23rd, 2007

From: “China Securities News” by Xu Guojie in Shanghai
Compiler: Fund China

Bank of Communications Schroders blue chips Equity Fund recently accredited SFC approval, and will be the recently passed the Bank of Construction, Bank of Communications, Bank of Agricultural and major brokerage firms designated limit sale outlets. The fund will be well known fund managers, Bank of Communications Schroders Investment Officer, LI Xuli oriented management.

Bank of Communications Schroders shares in the ratio of investment to 60 % to 95% between, the stock portfolio of 80% would be invested in the blue chips steady dividends. The Fund is another major feature of quarterly dividends, the last working day quarterly dividends to the balance sheet date, subject to the conditions of dividends under the premise of the quarterly distribution of proceeds, Every time the distribution of income has been achieved not less than 80% of the proceeds.

Li Xuli that at this time reacquired big blue chips, and changes in the market is the inherent logic of the match. From three, four quarters, mainstream funds will return to the blue-chip enterprises, Recently the market has continued to adjust prove this point.

Copyright Fund China 2008.

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