GUANGZHOU (Fund China) - Fund index drop a little slightly.

Zhouzhihui reported the shanghai and Shenzhen fund index opened high but moved down and closed at a slightly lost dragging by the stock index yesterday. The weak big Cap movement set off a visible wave of selling with 13.06 million contracts and 3.4 billion yuan amount of fun transaction all day long.

The Shenzhen fund index open at 5141.82 but dropped 0.07% to 5160.03 with a slight lost when closed. Shanghai fund index opened at 5186.86 and dropped to 5197.71 by0.33%. Both bourses fund index dropped out of the 5300 threshold.

Among the 32 open quotation funds, 11 funds grew and 3 funds closed nearly flat while 18 funds fell. The market movement runs in different performances. Yinfeng Fund grew 1.89% ranking NO.1, Kaiyuan Fund and Taihe Fund ranking NO. 2 and NO.3 increased 1.37% and 0.91% separately. But Jiujia Fund lost 0.93%, the worst one, following JinTai fund dropped 0.64% and Kerui Fund fell 0.63%. Xinghua Fund, Xinghe fund and Fenghe fund closed at square position.

LOF:

The LOF market are badly lost, among the 26 funds, only China Nature Core Growth Fund grew slightly 0.58%. Jutian Resource Enhanced Balanced Fund, the worst lost fund dropped 2.42%, following the China blue chip mixed fund decreased 2.29% and Dacheng innovation growth miexed fund fell 2.26%.

ETF:

The ETF suffered a second trading day lost. China AMC Shanghai 50 ETF dropped 1.98% and closed at 4.151 yuan. Hua’an Shanghai 180 ETF fell 1.94% to 11.969 yuan. AIG-Huatai Shanghai Dividend ETF dropped 3.63% to close at 4.671 yuan. E-Fund Shenzhen 100 ETF tumbled 2.15% to close at 5.586 yuan and the China AMC Small/Mid Cap ETF lost 0.97% and closed at 3.051 yuan.

Copyright Fund China 2008.

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