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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 2009.

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