Thursday, June 9, 2011
Bank of China enterprises index fund shares subscribed
Beijing News concept first index fund silver on Shanghai State-owned enterprises in State-owned enterprises of 100 transactions open index securities investment fund was launched in June 8 cash online and offline stock subscription program. "Stock swap" issue, silver said, used as a swap ETF stocks as the index shares and State-owned enterprises after notice of option shares; used as a swap of equity after deducting subscription fee can be replaced with and shares the same amount of State-owned enterprises after ETF share, the stock market by the unit in the network share subscription period of average price calculation on the last day. It is reported that nearly a month to the Shanghai composite index of 100 State-owned enterprises dynamic earnings of less than 12 times, is expected to rise in future still has a larger space. In the certificate