www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

   

First stock-oriented QDII fund launched

By Shangguan Zhoudong (chinadaily.com.cn)
Updated: 2007-09-12 14:19

China's first stock-oriented fund under the qualified domestic institutional investor (QDII) program was launched by China Southern Fund Management Co Ltd today, the Beijing Daily Messenger reported.

The fund is available to subscribers as of today at many banks including the Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, China Merchants Bank, Bank of Communications and Post Savings Bank of China. Subscription will close on September 28.

Related readings:

 China approves 1st stock-oriented QDII fund
 China mulls lowering threshold for QDII investment
 CICC first China broker to get QDII licence - source
 China unit of JPMorgan wins QDII nod
The fund has an initial sales charge of 1.5 percent. It differs from existing QDII funds in that it will be available for redemption and purchase daily after a maximum three-month lock-up period. And its net asset value will be published every trading day.

The new fund can invest 100 percent of its assets in global stock markets, instead of investing only in low-risk, low-return bond and currency markets, according to an earlier Shanghai Securities News report.

It can invest in 48 overseas equity markets, out of which the ten most valuable markets will be carefully selected for key investment.

Currently, the ten markets include the developed markets of the United States, Japan, China's Hong Kong, Switzerland and Italy, as well as emerging markets of Russia, India, Brazil, Malaysia and the Republic of Korea.

In developed markets, the fund is aiming for steady average income in the long term by investing in ETFs, while in emerging markets it will mainly invest in ETFs and mutual funds. In Hong Kong, it will directly invest in stocks.

The Chinese government has tried to encourage investment in overseas markets since 1996 in an effort to curb excessive liquidity.

Last year, the Shanghai-based Hua An Fund Management Co Ltd became China's first fund management firm to be allowed to invest overseas as a pilot QDII, with a quota of US$500 million.

Its first QDII product, launched in November last year, raised US$197 million and yielded five percent over the subsequent six months.

So far, a total of seven funds have gained government approval to conduct QDII business.


(For more biz stories, please visit Industry Updates)



主站蜘蛛池模板: 怡红院免费的全部视频 | 日韩在线观看视频免费 | 成年人在线免费网站 | 欧美亚洲欧美区 | 日韩一级免费毛片 | a毛片免费全部在线播放毛 a毛片免费视频 | 91久久国产口精品久久久久 | 欧美a一级片 | 亚洲精品视频在线看 | 怡红院美国十次成人影院 | 美女脱了内裤张开腿让男人桶网站 | 亚洲第一网站在线观看 | 色琪琪一本到影院 | 久久久久久亚洲精品影院 | 一区二区三区四区五区六区 | 国产深夜福利在线观看网站 | 五月六月伊人狠狠丁香网 | 波多野结衣在线看片 | 国产日比视频 | 国产激情视频网站 | 国产成人精品在线 | 国产成人免费福利网站 | 男人天堂网2022 | 美国一级毛片不卡无毒 | 99爱在线视频这里只有精品 | 亚洲成人手机在线观看 | 欧美午夜在线 | 在线免费观看日本视频 | 性盈盈影院影院 | 国产精品aⅴ | 亚洲精品成人7777在线观看 | 久久夜色精品国产噜噜亚洲a | 精品三级在线观看 | 欧美透逼 | 成人第一页 | 久久网在线 | 国产日本韩国 | 欧美成人国产一区二区 | 免费特黄级夫费生活片 | 性刺激久久久久久久久 | 韩国福利一区 |