GUANGZHOU (Fund China) - It was reported that the open-end fund showed an unchanged and strange performance yesterday. Reporter said that at present, most of the open-end funds held a wait-and-see attitude as there was not any transaction in the open-end fund reflected from the unchanged net value.

The closed-end funds moved up slightly generally yesterday, but when compared with a previous day, the uptrend was decreasing. Handing fund rose 3.07% ranking the top 1 while Xinghe fund lost 0.66% and closed at 2.379 Yuan, ranking the worst one yesterday. In the Shenzhen market, Jinsheng fund increased 3.58% to close at 2.719 Yuan, ranking NO.1 while the Pufeng Fund dropped 0.38% ranking the worst. And the reporter analysts some open-end funds particularly and the result showed that some funds’ net value was unchanged these two days which means the open-end funds did not enjoy this round rebound. Such as ICBC Credit Suisse Stable Growth Fund’s net value kept unchanged at 1.6458 Yuan, CITIC-Prudential Essence Growth Fund nailed to 1.7957 Yuan and Rongtong Prosperous Industry Fund was tied at 1.4640 Yuan.

Copyright Fund China 2008.

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