GUANGZHOU (Fund China) – Reporter yesterday that the first batch of mainland investment in the Singapore market funds QDII products will be officially launched on the 19th of this month. Singapore in January this year to become the official bank of the QDII allowed to enter the market, following Hong Kong, the United Kingdom after the banking industry QDII allowed to enter the third overseas markets.

This two QDII products were investing in PRU Global Basics Fund and the PRU Asia Infrastructure Equity Fund, the release of the product by Prudential Asset Management and Standard Chartered Bank (China) to work together.

It is learnt that the PRU Global Basics Fund Fund for the parent of Hong Kong sale of M & G Global Fund basic themes, Singapore has received Lipper Fund Awards 2008 – Best Global Equity Fund for five years, was also Hong Kong Lipper Fund Awards 2008 — best five-year fund winners. Mother Fund invests primarily in the global economy on the basis of the first and second industries, or associated companies.

Another fund Prudential Asia Infrastructure Fund, the main investment in Asia (excluding Japan) in infrastructure and related industries company.

Prudential Asset Management Asia in charge of investment Yi Li Jia said: “Investors are looking for by the United States economic slowdown affected the least investment opportunities, and Prudential Global Infrastructure Fund invested in the people’s livelihood ‘basic needs’ on. First two months of this year, performance has been shown to the adaptability of this investment ideas. ”

He also said: “The QDII provides a diversified investment to other asset classes opportunity. Initial launch of QDII products are targeted primarily for H-shares, therefore, can only be limited to spread the investment in the A-share the risk. Prudential launched this new product , investors can enjoy because basically benefit from the increased demand for global companies and the sustained development of the Asian market advantage. ”

The QDII products bear the exchange rate risk, this fund will not only provide a two dollar-denominated products, but also provide a Singapore dollar and euro-denominated products. And these two currencies over the past two years, the RMB exchange rate fell up.

Copyright Fund China 2009.

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