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UBS SDIC under fund in China’s Bank of Communications comprehensive issue

By Fund China
Published: 04:39, October 18th, 2007

GUANGZHOU (Fund China) - UBS SDIC recently issued a notice that since Wednesday, the Bank of Communications in all business outlets will be fully consignment UBS SDIC’s four open-end fund: Ronghua Fund, Jingqi Fund, Core Fund and Innovation Fund, and will purchase, through the Bank’s Internet banking application rates implemented Fund concessions.

UBS SDIC channels responsible person said that with the company for the further development of sales channels perfect, investors may choose the more convenient banking outlets or Internet banking to buy UBS SDIC company’s funds. As of September 2007, UBS SDIC management of asset size over 46 billion yuan and total QFII and trust schemes invest 6 billion yuan to provide management consulting services. Management is the beginning of the scale of 7.209 billion yuan over six times this year to become the fastest-growing fund companies.

Copyright Fund China 2008.

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