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Only 4 funds net value below face value

By Fund China
Published: 10:48, January 11th, 2008

GUANGZHOU (Fund China) - It is reported that the open-end funds keeps continual growth due to a warm return in the shanghai and Shenzhen exchanges, At Jan.9, a general growth appeared in the two bourses leading to a net value growth in 260 open-end funds excluding 2 bond funds(dropped slightly). The rally of the open-end fund shows a confident trend of the fund. The statistics shows that after the consecutive rise, the number of open-end fund net value below face value shorten to 4 and there are 8 funds which net value is over 5 yuan.

According to statistics, there are 17 open-end funds net value growth rate over 2%, one fund growth rate excesses 3% and the China Nature Enhanced Characteristics Fund rose 3.12% ranking the toppest at Jan. 9. and at the same day, the Desheng Selected euity fund grew 2.747%, Golden Eagle Smal Cap Fund was up 2.50%, Changxin Dynamic Strategy Fund rose 2.47%, China AMC Large Cap Enhanced Fund advanced 2.47% and the Penghua Dynamic Growth Fund rose 2.18%. meanwhile there are two funds with negative growth, they are, China Merchants Antai Bond Fund-B and China Merchants bond fund both -0.24%.

Copyright Fund China 2008.

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