Fund China: Provide Chinese funds for investment and related reference information.
Today ListSpecialFavoritesRSS

Recommendation: •  China Fund List •  China Fund Companies List
•  Is Fund required to bear the responsibility of propping up the market?

You are here: Fund China > Fund News > Four fund companies buy their own bond funds 390 million yuan

Four fund companies buy their own bond funds 390 million yuan

By Fund China
Published: 08:16, November 15th, 2007

GUANGZHOU (Fund China) – The recent stock market “cold” continues, fund companies use their existing funds to buy own funds , is no longer alone favored equity funds, but turned to look bond funds.

Statistics show that ICBC Credit Suisse、China AMC、China Southern、Bosera four fund companies own bond funds recently purchase a total of 390 million yuan.

Low-risk bond funds over the past few days is the outstanding performance of these funds transfer orientation of investment companies the main reason. According TX INVESTMENT CONSULTING data show that from October 1 to November 12, bond funds only seven net decrease slightly. In the current market severe shock to the market, the 32 bond funds weighted average share of the net growth rate of 1.83%, while equity funds for -7.41%. Many bond funds benefited from growth in net “investment in new shares,” proceeds, according to statistics, this year the purchase of new shares in the proceeds reach 18% -24%.

These fund companies favored by the bond funds performance in the near future is good. Many industry sources, capital investment fund companies inherent direction shifted to low-risk investors varieties deserve attention in the future direction of the market has not yet fully clear before these bonds, these funds could be invested in “safe havens.”

Copyright Fund China 2009.

You Might Like:

  • Chinese share prices top 6,000-point mark
  • Speculating in the currence market can evade demand deposit ratio cut
  • The full range of closed-end funds fell
  • Changxin Fund Management Co. Ltd.
  • Societe Generale China fund JV wins approval to invest abroad under QDII scheme
  • Midterm Fund : Road to halfway "task" half
  • Index fund, the pacemaker of 2008
  • Analysts upbeat as index rebounds
  • 221.3 billion! Fund quarterly net income record high
  • Four Features Index Fund
  • No Responses, Submit Comment

    You must be logged in to post a comment.

    View

    Hedge fund harvest in China fund market

    Total speaking, the hedge fund makes a quite good performance in the China fund market so far even including a part of funds fell down in November...

    QDII funds waiting for the coming year

    QDII funds waiting for the coming yearThere may be much upset, suspicious and expectant for the QDII funds in 2007 fund market....

    10 trends in the fund prospect

    The total fund scale amount will be 20 trillion more or less in 2020 in a neutrally forecast and the following 13 years' compound annual growth rate will reach 16%...

    Special

    Qualified Domestic Institutional Investor (QDII)
    China Southern Fund Management Co., one of the country's three largest fund companies, said it had won approval from regulators to invest clients' money in foreign financial markets. Detail...

    Recent

    Sponsored Links: