Sunday, July 3, 2011

Advance to two digit category Super average grading scale of debt based fundraising 80%

Trainee newspaper reporter today, Chen Lin, Li Xin long letter grading end to raise, raise only 10 days. On June 10 a week ago, EU raise but have yet to declare the end of the full rating Fund was established. Not surprisingly, these funds will be set up since the beginning of this year's diliu、Qizhi ratings of debt-based, the joining of the two funds, also the rating of bonds on the market base from single digits in the number of up to two digits, up to 10, which entered the ranking of other similar funds the minimum quantity threshold.
Recommended reading · fengji Forum investment real disc week summary
· Index Fund concentrated discussion posted this year Pocket Fund frequency out unit base first half of performance first and last difference 30% shares break into bargains Fund discount buy first half of only has 5 only unit base make money (list) 2011 second half: use lever Fund Hing full hold mission killed into BYD shares deciphered fuck disc password master main trends and ended yesterday, this year yilai new established Fund total for 84 only (debt base A/B/C merge calculation, ETF and joins Fund separate calculation). The second quarter, debt-fund market more interesting than graded base.
Rich days full grade-a "Flash" collects, Bo Yu Cheung a day when sold out, brought a feeling of warmth to the chilly market today. The securities journal weekly magazine reporter based on WIND data display of the Fund, set up this year's 5 grading debt-based total amount raised to $, new 11% of the full subscription amount of the Fund this year. Average raise 3.124 billion yuan, beyond the scale of new funds raised an average of $ 1.4 billion this year.
In addition, there are also 6 fund companies rating lined granted debt-based products.
Buy Fund Research Center have been China believed that grade debt this year, the base in his relationship with the bond market also has a large, from the beginning of December last year, especially long in the bond market debt investment income more stable, investor risk aversion needs heavier, so debt base to raise the overall situation is better than stock base. Raise Super new fund debt-5 rating based on average 1.4 billion of the fund securities daily reporter of the weekly statistics found that as of June 15, has set up a number of grading debt based on the market for 8. Where 4 is only for new fund set up after the May of this year, they were the Manulife Teda ju Li, Tian Ying grading, thousands of families in rich countries-Tim Lee and Bo Yu Cheung.
Not including Manulife Teda ju Li raise expiration month and the remaining 3 were sold out in advance.
May 16 3 days days raise 8 billion surplus in rich countries scale, more than 5 billion raised ceiling, and the surplus b rich days to raise only one day.
With days full of the rich collection on the same day there are thousands of families-Tim Lee of grading debt-based, however, who spent 12 days ends raised.
On May 25, Bo Yu Xiang a sold out in one day, when Bo Yu Cheung b on June 2 to raise, raise the end of June 3,. In addition, on March 2 open tianhong Tim Lee rating for the purchase, redemption for the first time a share in the second day of the opening, announced that it continues to maintain the size of the $ 2 billion ceiling, again placing.
And the Fund on December 1, 2010 sold out. Worth noting is that established this year 5 grading debt-based total amount raised to $, account for the new 11% of the total amount of funds raised this year, average raise 3.124 billion yuan, and ending on June 16, since the beginning of this year's new 84 Fund total amount raised to $ average raise 1.712 billion yuan.
Rating debt based on average size larger than the average raise new funds this year 82.5% raised.
Hope in the classification of debt-based market share in the Fund remains, reporters from the Securities and Futures Commission published the securities investment fund raising apply for accepting and auditing of administrative license in the public understands that as of June 14, and 6 fund companies submitted rating debt-based applications, is currently waiting for approval. Is worth noting that, between April 20 and 5 trading days in a row, 5 companies submit their grade debt-based applications, including Peng hua, taihe Chinese business.
Once approved, number of grading debt based on the market will increase to 16.
New grading debt-based liquidity increased yields with interest rates automatically adjusted depending on the WIND information data and statistics found that on Monday, can participate in 4 grade debt statistics based remove tianhong Tim Lee are maintained outside the classification in class b, class a low-risk share discount high risk situation of share premium.
Guotai Junan Fund researcher Wu Tianyu fund securities daily reporter of the weekly in an interview, said the term existence of discount of the share of low-risk, high risk share of premium rate and irreparable, investors think prior to the maturity of the Fund transactions will have to endure a discount, if you want to profit only had a long wait. Wu Tianyu added that despite rich huili and large Jing Feng redemption without pairing mechanism of conversion, but still have a period of up to 3 years.
During this time can only be traded in the secondary market, cannot purchase redemption.
New classification base seems to have realized that the old grade debt existed on the base design shortcomings, in terms of profitability and liquidity has done very great improvement. Rich day full grade and Bo Yu Cheung graded choice when a and b shares were issued separately, and only b-share trading.
And 2 share of fixed-income portion of the Fund, may raise interest rates or interest rate cuts to make corresponding adjustments; opening purchase redemption once every 6 months. Wu Tianyu was, the new release of grading debt-based design, liquidity to be better than the old debt-rating-based, and fixed income rates to the Bank constitutes a competitive financial products.