GUANGZHOU (Fund China) - Hosted by the China Securities, and along with China Galaxy Securities, CITIC Securities ,TX Investment Consulting Corporation and other authoritative institutions Perticipation and Evaluation, the “Fifth China fund industry goldenbull Award” recently announced, and the ICBC Credit Suisse Money Market Fund awarded the title of “2007 open-end money market fund goldenbull award”.

The China fund industry goldenbull award hosted by China Securities has always been regarded as one of the most authoritative awards. It is learnt that the current Evaluation focused on “performance and return” and at the same time,strongly paid attention to the fund operation regulation, risk control, and the investors’capital protection. Not only estimate the absolute and relative fund performance indicators but also analyse deeply in the stability, striving to tap the fund continual return ability to the holders while estimating the past performance.

According to the China Galaxy Securities Research Center’s 2007 China securities fund investment performance report, the annual yield rate of ICBC Credit Suisse Money Market Fund is 3.5525% aboving 109 bp(basic point) of the performance compared benchmark ranking the 8 palce among the 40 funds. The ICBC Credit Suisse Money Market Fund gains the invetors’ reliability by its excellent performance and integrity operation, additinly, the ICBC Credit Suisse Money Market Fund performance is growing along with its fund scale increasing. Up to Dec.31,2007, the ICBC Credit Suisse Money Market Fund’s scale reached 6.173 billion shares ranking 4 place in the money market funds.

As the domestic largest asset scale of the banking fund management, the ICBC Credit Suisse Asset Management shows its advantages at the banking fixed yield varieties via the powerful management.

The ICBC Credit Suisse Money Market Fund manager, Duhai indicated that the domesitc demand and the fixed assets investment growth can offset partly the the export trading slowdown negative impact to GDP although the uncertainty of United States economic entities increased and the RMB appreciation forming a negative impact to the exporting when looking forward to 2008 investment market.

Under the inflation ,policies expectations and the supply and demand in the bond market influence, the long term treasury bonds strategic opportunites is quietly approaching, and the short & medium term bonds still have a large room for increase though affected by the interest rates rise and the tightening policy from a view of market prediction. The ICBC Credit Suisse Money Market Fund will continue to adopt the prudential investment strategy, strengthen the porfolio liquity management when preventing the interest rate risk and strive to enhance the profitability of the portfolio when capturing the short term rate fluctuations opportunity.

Copyright Fund China 2008.

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