Recently, ICBC officially placed SYWG BNP Paribas New Dynamical Stock Securities Investment Fund under custody. Proceeds received during issuance of SYWG BNP Paribas New Dynamical Stock Securities Investment Fund totaled to 669.6 millions of fund units. Valid subscription accounts were 4662. Till now, there are 51 funds, 166.255 billions of fund units and RMB 161.251 billions of net fund assets under ICBC custody.
Two open-ended funds – SYWG BNP Paribas Shengli Chosen and SYWG BNP Paribas Enhanced Allocation – of SYWG BNP Paribas Asset Management Co., Ltd are now both under ICBC custody. SYWG BNP Paribas New Dynamical Stock Securities Investment Fund is the third fund managed by SYWG BNP Paribas Asset Management Co., Ltd. This fund follows the traditional 2-way parallel portfolio investment strategy, that is, first class assets configuration of securities products "from the top down to bottom" and refined selection of individual shares "from the bottom up to top".
New Dynamical Fund stresses the overall growth of investment targets: on one hand, it employs the "Strategy of selecting shares by fundamental growth dynamics" to assess and analyze the internal drive of a company in their growth, profitability and assets nature. On the other hand, it employs the "sustainable growth dynamics assessment scheme" to rate the external growth reasoning according to the extent of influence exercised by 5 China economic growth-driving forces on company development. The aim is to lock down better investment targets for the investors.
Securities investment ratio of this Fund is 60-95% of the net assets. Investment ratio of bonds, cash and money market instruments is 5-40% of the net assets, of which, cash and money market instruments are over 5% of the net assets. From the perspective of risk yields, it is an active stock securities investment fund. Both its risks and expected earnings exceed balance-type fund. It is a securities investment fund of medium risk. It strives to achieve higher earnings in long and medium term through implementation of such investment strategy as assets allocation, refined selection of individual shares and vigilant risk management.
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