Fund China: Provide Chinese funds for investment and related reference information.
Today ListSpecialFavoritesRSS

Recommendation: •  China Fund List •  China Fund Companies List
•  Is Fund required to bear the responsibility of propping up the market?

You are here: Fund China > Fund News > Tough purchse of ICBC Credit Suisse QDII

Tough purchse of ICBC Credit Suisse QDII

By Fund China
Published: 13:00, January 11th, 2008

GUANGZHOU (Fund China) - According to a statistical data, up to Jan.8, the China AMC Enhanced Global Equity Fund net value is 0.863 yuan and the CIFM Asia Pacific Advantage Fund net value is 0.875 yuan while the Southern Global Enhanced Balanced Fund is 0.909 yuan. And the Harvest oversea China equity fund net value is 0.869 yuan up to Jan.4. In such a poor performance of the first 4 QDII funds environment, the fifth QDII fund, ICBC Credit Suisse China Chance Global Allocation equity fund would not gain a good performance neither.

“This fund has not yet sell out now” voice from the China Construction Bank Zhenhuan Road branch, Shenzhen development Bank and the Bank of communications. The invetors are not acitve or keen to purchase since Jan. 3 selling. it is really quit a opposite situation to the crazy experience of the first 4 QDII funds selling. The expiration day of the ICBC fund purchase is Feb.1st with a expected raise amount of 22 billion yuan. But “the sales amount right now has not yet reached its half.” The ICBC fund management market staff told the reporter.

Copyright Fund China 2008.

You Might Like:

  • Shanghai 20 billion industry funds granted renewed rumors
  • 80 billion! Expansion Fund flows in July.
  • China stocks unscathed after Asian markets tumble
  • Six aspects of the CSRC will promote development of the fund market.
  • Be rational for fund yield expection
  • 96 China Fund issued 2Q
  • June consumer price index rose 4.4% over the same period last year the first half of 3.2%
  • The performance of small/mid cap funds ranked into top three
  • Hedge funds flee Hong Kong pollution for Singapore - report
  • Disadvantages of Mutual Funds
  • No Responses, Submit Comment

    You must be logged in to post a comment.

    View

    Hedge fund harvest in China fund market

    Total speaking, the hedge fund makes a quite good performance in the China fund market so far even including a part of funds fell down in November...

    QDII funds waiting for the coming year

    QDII funds waiting for the coming yearThere may be much upset, suspicious and expectant for the QDII funds in 2007 fund market....

    10 trends in the fund prospect

    The total fund scale amount will be 20 trillion more or less in 2020 in a neutrally forecast and the following 13 years' compound annual growth rate will reach 16%...

    Special

    Qualified Domestic Institutional Investor (QDII)
    China Southern Fund Management Co., one of the country's three largest fund companies, said it had won approval from regulators to invest clients' money in foreign financial markets. Detail...

    Real time update Index

    Shanghai Securities Fund index, update data table.

    Shenzhen Securities Fund index, update data table.

    Recent

    Sponsored Links: