CCB will underwrite Yinhua Core Value Selective Fund from August 1 to September 2.

 

Yinhua Core Value Selective Fund is an equity fund and the investment objective is to “realize excessive profits and the long-term stable increase of value of the fund through actively selecting companies with high profitability and competitive valuation and optimizing the risk and return rate”. The major characteristics of the fund are as follows: first, adhering to the investment philosophy of “careful study” and “priority of valuation”. In the process of investment equities whose value are underestimated will be studied carefully and the most competitive equities will be selected to be invested; second, risk control system will be adopted to the fund management, covering pre-event test, in-process monitoring and post-event review with the purpose of achieving the long-term and stable increase of value of the fund on the basis of risk control; third, the sales channels are renovated to make investment more convenient.

The product is the first open-end fund which investors can subscribe (apply) and buy back only through two channels, i.e. at bank counter and the “Shangzheng Fund Sales System”, which makes investment easier. Up to now CCB and Yinhua Fund Management Co. have made full preparations for staff training and customer service. Soon investors will be able to subscribe Yinhua Core Value Selective Fund at over 14,000 CCB outlets nationwide.