wot power leveling to the first half of the funds of the same type - EOP

Focus on "top ten" does not make money funds (seven) reporter Gao Lixia is a small, early development is slow, its mediocre performance, has rarely been market concerns--fund companies Vanguard funds. Wind statistics show that in 2003 in 8.5 years, accumulated to fund investors3.481 billion yuan into losses.　　"Ensure stable yields despite drought or excessive rain" system, the total charge a management fee of $ 600 million to holders of the company, which managed to bank charges for $ 116 million new threat definitions. Equity at funds change frequently, formerly known as day and the Fund management company limited, was established on August 23, 2002, on February 20, 2006, the company officially changed its name toVanguard fund management co., Ltd. Company headquarters in Shanghai.　　Rename, because the original shareholders are broken.　　Vanguard fund the original shareholders of the company are the same company, Hunan Securities Co, long Quan group limited, holds stakes in 60%, 20%, respectively. 2007-day securities limited, the Hunan group coDivision suffered bankruptcy, by Qi Lu Securities Ltd, Shenzhen Airlines management respectively at Fund held by the company, ownership structure changes: Qi Lu securities limited, Shanghai, Shenzhen Airlines in investment management Ltd, respectively, 60% and 20%. Since the measures for the administration of securities investment fund management companies andMatching requirements, investment ratios of the shareholders of the Fund management company shall comply with the requirements of the China Securities Regulatory Commission "highest investment ratios no more than by major shareholders contribution of all 49%". So in August of this year, Qi Lu securities limited to the transfer of State-owned assets investment holding company in Shandong province 11% of equity of the Fund. After this transfer is complete wot power leveling, thousands of shareholders and shareholdingChanged to: Qi Lu Securities Ltd 49% Shanghai jiushi 20% company; investment management limited Shenzhen zhonghang 20%; 11% State-owned assets investment holding company, Shandong province.　　De facto control still Qi Lu securities. In February of this year, Shanghai will be held 20% shares of public auctions, international enterprise to upset bid of $ 105 million to the unitRight now still needs to be reported to the SFC approved must be implemented. Slow development of single products since its establishment because of reasons such as changes in the shareholder, fund development is quite slow in the early days, five years after the establishment, the company's assets has been maintained at a low level. Wind data show that as of June 30, 2007, total assets of the fund sharesLess than 2 billion copies, only 1.634 billion, $ 2.345 billion scale. The end of 2007, due to the long yoke of company legal person governance structure for the development of problems solved, run into the a-share market anomalies and strong market, and rapidly broke through 10 billion share of the assets of the company, to 12.119 billion, assets of 14.049 billionYuan. Next five years, at basic implementation funds assets while increasing year by year, but the growth rate is unlikely.　　As of the end of 2011, only $ 16.7 billion in assets of the Fund. From the product distribution, type of Fund products are more concentrated. At the beginning of 2002 to set up, Fund product development orientations in 2003, established the country's firstOnly standardized index fund--Wanjia 180 index fund.　　But then the market into the three-year bear market, the net value of the Fund all the way down, very large impact on the brand. In 2004, the capital preservation fund has introduced a closed design, scale it is difficult to develop in 2005, launched a class at public utilities index fund--2006, pushMonetary Fund; 2007 companies by equity effects no new funds. But in 2010, approval of new Fund channel, home funds no new product release.　　Seen from above the product release process, thousands of families of products focus on index funds and fixed income funds two types of products, the lack of active management of equity funds. Currently owned by thousands of families with 10 products,4 fixed income fund (including bond fund 3, IMF 1 only), interest category 6 (including 3 Index Fund), shares totals 23.793 billion, $ 16.7 billion in assets, 66 Fund was ranked 34th in the company name. At 180 at currency and which is its largest two-only funds, as of 2011End of the year, Shanghai Stock Exchange 180 size 5.07 billion yuan.　　Monetary size is 6.09 billion yuan. Losses of nearly $ 3.5 billion on Shanghai 180 new Trojan is the establishment of the company launched its first product, was first standardized index fund, was established on March 17, 2003, raising share 1.93 billion. In 2006, asImproved, also began to increase the size of the Fund share. As of the end of 2007, 180 largest 6.364 billion copies, become one of the highest scale of companies whose products, followed by Wanjia harmonious growth, for 4.214 billion.　　On November 30, 2006, upon the establishment of the Fund size of only 490 million. However FundStrong growth in 2007, also contributed to thousands of families Fund's large losses in 2008, which also weighed on the company's performance since the founding. In October 2007, after a stock market at record highs, we entered a long decline channel, until October 2008, record low score 1664 points. According to the 2008 Shanghai 180 fell as much as 66.34%, and track the the Wanjia 180 index fund-wide as a miserable, 2008 net worth decline of 63.34%, total losses to investors of $ 5.67 billion.　　The Fund at funds has slowed significantly in 2008. Wind statistics, at Fund 2008 loss totalled $ 8.2 billionYuan. Dramatic growth in the scale of losses mainly came from 2007 at Shanghai Stock Exchange 180 index funds and stock fund Wanjia harmonious growth, 2008 lost $ 5.67 billion and HK $ 2.353 billion respectively.　　In addition, 2010 thousands of families lost a $ 1.149 billion Fund, the first half of 2011 the $ 228 million loss. All in all,Since 2003, in 8.5 years, $ 3.481 billion million in accumulated losses to investors.　　"Ensure stable yields despite drought or excessive rain" system, the total charge a management fee of $ 600 million to holders of the company, which managed to bank charges for $ 116 million new threat definitions. Fixed-income products excellent stock fund rankings behind objectively speaking, Vanguard funds at a fixed chargeEffect product performance is remarkable: always stay ahead since the establishment of the Monetary Fund rankings, bond products, at fund management unit but ranked behind similar funds in the Fund. Since the beginning of 2008, thousands of families at the harmonic at utilities world of tanks power leveling, 180, growth, not only full loss, and all rows in the last three minutesLess than one.　　Yi Tianfu data show that during these three funds decreased NET NET, 54.13%, 55.81%, in the same type of fund ranking respectively in one hundred and eleven-one hundred and twelveths, one hundred and three-one hundred and sixty fifths, and cent. Seen from a specific year, in 2008 the company 3 shares Fund, two ranked in second halfSection: 180 million home at harmony and respectively ranked one hundred and seventy eight-two hundred and twenty fourths wot power leveling, and cent. In 2009, the River at only 180 were piled onto the first half part of the funds of the same type, rank as thirty four-two hundred and eighths; the other three Fund is not only obvious signs, highest in the Middle: Wanjia harmonious growth, thirty nine-eighty seconds, Vanguard twin engines thirty six-eighty seconds, thousands of families of public utilitiesOne hundred and seven-two hundred and eighths. In 2010, in addition to bond funds, the IMF money, Vanguard stock funds all of its losses, at Shanghai Stock Exchange 180 index fund losses highest loss 15.65%; selected second, losing 8.25%. Respectively ranked two hundred and nine-two hundred and thirtieths, and cent. River at double engine 5Three-sixty sixths; Wanjia harmonious growth fifty seven-sixty sixths; public utility one hundred and thirty seven-two hundred and thirtieths. In 2011, the double at Shanghai Stock Exchange 180 engine and performance, to the first half of the funds of the same type, that is, one hundred and fourteen-three hundred and twentieths, and cent. Wanjia harmonious growth, home collection, public utilities are not satisfactory, fifty eight-nineths, 0, two hundred and forty two-three hundred and twentieths. Investment letters from Guangzhou at 20% equity fund international bidders have to pay first payment in February at sea 30 Relief Fund Manager at Fund 20% frequent changes of Fortis shares listed 100 million transfer of Shanghai jiushi at 5,400 points since the purchase of the Fund exit the base nowLow pay unit buys debt tianhong fund the investment Director at Vice President luyizhen formally takes office liquidation shadow 13 mini Fund: Vanguard twin engine finish