GUANGZHOU (Fund China) - It is learnt that Southern Fund Management Company would issue its second fund — Southern Enhanced Value Fund on May 12.

This year, the funds of the company attracted people’s attention by their stability. According to the statistical data in a recent research report, from March 31 to April 21, the average loss rate of equity fund net was 12.34 percent. And all fund nets are impaired. However, there were three funds whose nets are least impaired. They were Southern Stable Growth Fund (the second), Southern Stable Growth Fund, CITIC Dividend Enhanced Equity Fund. The loss rates of these funds were between 6 to 7 percent.

In addition, though it was established on March 21, Southern Shengyuan Dividend Fund also had an excellent performance. By April 30, it had made 4.3 percent of revenue. Its cumulative net was 1.043 Yuan, ranking first in the funds that were issued in the same period.

Copyright Fund China 2008.

You Might Like: