From: “Shanghai Securities News”
Compiler: Fund China

Since last week, China Southern Fund and ChinaAMC QDII products approved, QDII after becoming the first batch of new qualifications of this, QDII fund the new operation will become the focus of world attention.

China Southern Fund, First QDII products will be selected as the global allocation funds, Partial shares of the Fund product line is expected to issue 10 billion dollars, aspiring fund managers to the current China Southern Fund International Business Division, Executive Director Xie We ihong. Xie Weihong has 12 overseas investment management experience, former Taiwan Shinkong Securities Investment Trust Co. (Shinkong Fund) overseas investment manager, Management Japan Fund, Asia Fund, Global Fund portfolio.

In terms of investment strategy, China Southern Fund will be screened in 48 countries or territories in the market to asset allocation. The initial phase will mainly invest in the local stock market, overseas transactions in the market and the fund management initiative Fund. The Hong Kong market to directly invest in stocks, other overseas markets through investment funds. a “FOF (fund of funds)” to promote mode of operation.

ChinaAMC Fund and the first products will only QDII is a global equity fund selected, investment scope will cover the United States, Europe, Japan, Hong Kong, China and other emerging markets in the global market. The fund will mainly invest in on-demand stocks, small part of the investment in overseas bonds, Hong Kong’s market investment ratio will not exceed 30%.

Reportedly ChinaAMC Fund has been established for nearly 40 of the QDII funds team its overseas investment consultant T.Rowe Price Group of the United States largest independent asset management companies, management of assets over 300 billion U.S. dollars.

Rapid appreciation of the renminbi in the background, QDII products overseas investment can outperform the market opportunity costs and “appreciation” of the costs, the same concern for the market. China Southern Fund Xie Weihong said, Although the A-share market has developed rapidly, but overseas markets are quite a number of opportunities. According to the Morgan Stanley index of the region over the past three years, the yield rankings, the A-share annual rate of return is 45%, Egypt, Argentina, Indonesia, have more than 45% of the annual income, and from the past 10 years, countries like Colombia have given investors high returns.

“The most crucial is that the Global perspectives investment is the only way to reduce risk. QDII and the new fund will provide such an opportunity and the access. ” Xie Weihong said.

Copyright Fund China 2008.

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