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You are here: Fund China > Fund News > The first classification Fund issued today

The first classification Fund issued today

By Fund China
Published: 12:13, July 9th, 2007

From: Shanghai Securities News
Compiler: Fund China

China’s first-grade only funds — UBSSDIC Ruifu stock-grade securities investment funds today official issue.

According to the company UBSSDIC Assistant General Manager and Head of Fund Investment Officer Chen Jinxian, currently, UBS Global Asset Management Limited overseas more than 420 investment analysts with the research team UBSSDIC Construction of a global research platform, as UBS Global Asset Management in mainland China only the joint ventures, UBSSDIC with UBS Global Asset Management to share the same database of global equity research — Pedest al, on the domestic A-share investment market of great benefit.

Ruifu fund managers Kang Xiaoyun of the following possible to manage the size of six billion hours Fund-very confident. He said : “If put five-year time frame to see the case, right now in the market risk return preferences different kinds of investors is a very good starting point for the investment. ”

He said that this year will be a good performance exceeded expectations Mining stocks, He felt that the management incentives are more likely to have unintended consequences in the profit growth, while As part of the company shares the commitment to reform, the next 2 -3 years, the management of an obligation to release profit an average of 20% -30% of the growth can be expected, it would create a lot of investment opportunities.

Market participants think that the outlook unknown, and will seize the right direction to the fund managers might not be advisable. Although the market views the parties have agreed that the second half of 2007 are still at large bull. But for growth and the industry is expected to have hot initial differences. And the differences in how volatile stocks found on the value of the majority of non-retail capabilities. When it gets from the turbulence found on the need to value the depth of research and in-depth analysis, At this time of fiscal experts on the advantages of prominence.

Stock fall also ushered in the new fund Jiancang good time. Market volatility has been located next to the old heavy fund may bring greater challenges, But are issuing the new fund is Jiancang opportunity. 5 in early July to the end of the long time to settle down, most stock prices have returned to a reasonable position, Many enterprises are outstanding winners of this adjustment, which are catching up with a record low of 710048 new fund, 710048 not only save costs, but also to discover more clearly after the market tested the outstanding stock.

Market participants also noted that the funds should be UBSSDIC Ruifu classification of the Fund, share with the classification of the Fund opened the product mix of firsts This whole industry are unprecedented attempt. A new things in the beginning is often the breed of vigor and progress of the whole industry hope personal investment at an innovative theme of the market phase is likely to be a transition period of the first batch of beneficiaries.

Copyright Fund China 2008.

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