Wednesday, March 9, 2011

New Fund fierce 86 29 scrimmage channels pending approval queue

As new Fund approval channels of relaxed, the rabbit of the beginning of a new fund issue reached a frenzied level. This week, there are 29 funds released, reached the historical peak levels.
At the same time, up to 86 in new funds are queued for the Securities and Futures Commission issued the "zhunshengzheng", coupled with the already issued and has got the zhunshengzheng but not born Fund, this year has been "surfaced" level of total new funds over the whole of last year. The industry believes that, under the influence of new multi-channel system of examination and approval of the Fund, this impulse or difficult and lasting. For the Christian democratic, feast of the new Fund should be should be fine not; if you do not understand the new Fund, than select the fund performance and stability. Recommended reading · laojimin performance comparable to Wang yawei
· double new-a of income and risk private: market or breaking 3,000 points fund investment path x light scan deep dug public private equity "a brother" heavy warehouse unit Fund heavy warehouse unit investment details eight large absorption gold Fund Manager afternoon pre-sentenced Fund sold Shi told expert losses money told value investment [hexun know] what is private equity new Fund of itch last year annual, China public raised fund industry total issued has 147 only new Fund, this was amazing of digital created has history high. However, the data is about to be broken.
This is a new fund issue in early season, but this year's opening of the new base release drama show season without light "pomp". Are issued a new Fund to issue this week and return to the Summit. On Monday, China universal social responsibility, China quantum-rich vitality, long p 100 such 4 new fund selection on sale. Subsequently, the SSE 180 financial ETF, Lion SSE emerging industries ET f Fund also will be on Cabinet this week.
Selling this week up to 29 the number of new funds, including General equity funds, closed-end Fund, monetary funds, bond funds, index funds and Q d II Fund, covers almost all product types. Lens and then back to December. Data show that in January, a total of 25 new Fund focused release, in February under the influence of Chinese new year closed only 14 new base.
In addition, the February has about 10 funds approved but not issued. According to the latest statistics of the SFC, as at February 28, 86 funds blocked in the SFC is queued on the waiting list.
Based on past experience, except for some special cases, most of the funds awaiting trial can pass.
Reporters found many funds have a "wave" name, such as international on the new elements, ICBC pension financing bonds, Cathay Pacific event-driven strategies, advanced manufacturing, China Merchants Bank, China universal gold and precious metals LO TMT50 index f and so on. "Mainly because approval channel release of reason, the trend since the end of last year had already begun. Approval channels open initially, issued new funds have long been repressed impulses is catharsis.
"A road fund company executives in charge of market analysis.
Reporters learned from the multi-channel, fund companies has greatly increased this year release expected in the number of new funds, small and medium-sized companies generally want to be able to "three-four", small and medium companies or larger companies strive year six or seven new products has also been made by the plan is not so surprising, and even some fund company Tag Heuer new funds strive to washed up on the two-digit number of IPO this year.
production impulses or difficult to lasting new funds is not necessarily a good thing, these executives concede that too much since the new Fund, securities market is bad, many not made by the Fund, may even sell a losing one. Get together consequences already issued. In January to raise medical health fund is easily the largest party, to 3.8 billion, and more than 1 billion to the Fund a total of 11.
In February a total of 9 new funds established, offering total share of 7.6 billion, larger than the January 29.3 billion decline in aggregate 74% of the new Fund. Among them, only two funds of more than 1 billion, ICBC Credit Suisse income funds in four seasons respectively 2.4 billion and East of wuzhong permit new industries Fund of 1.9 billion.
None of the remaining 7 funds more than 700 million, the youngest only 370 million. Due to overcrowding in sales channels, some funds for quick kills are selected, in the 30-day "dead line" within the release.
For example, on February 24 the first Castrol profits ahead of the release day for 22 days, silver Hua Xin Li issued the number of days to 17 days, and Sheng Pu Yinan monetary funds issue only the number of days for just 12 days. "The issue of the new Fund will gradually restore to balance supply and demand. "These people say.
Last year a new record up to 147 the total number of the Fund, total raised capital amounting to $ 310 billion, but still could not prevent funds falling.
Day companion Advisory Board statistics show 2010 domestic decline in public-fund scale 6%, reducing 158.35 billion yuan for the whole year, scale of 2.44 trillion yuan at the end. "Wait until the Fund is not made by the people in the industry find new effective means of maintaining and expanding the scale of management, new fund issue is cooling. "A fund company's marketing department person feeling the road in the South.