CCB to Issue ChinaAMC Advantage Growth Fund as the Agent Bank

Published time:2006-11-17

China Construction Bank (CCB) will issue ChinaAMC Advantage Growth fund for China AMC as the agent bank from November 20 to December 8, 2006.
 

The ChinaAMC Advantage Growth Fund is an equity fund. The objective of the fund is to pursue a stable and sustained appreciation of the value with the precondition of effective and efficient risk control. This fund is mainly invested in financial tools with good liquidity, including stocks, warrants, debts, asset-backed securities and other tools of fund investment allowed by Chinese Securities Regulatory Commission. The risk of this fund which is one of comparative high risk funds with high return is higher than money market fund, securities fund and hybrid fund. The product has the following characteristics: it has a professional investment team with an perfect investment study system; it is equipped with experienced investment managers with good records; it introduces the typical strategy of GARP to get higher rewards; it adheres to the stable traditions of ChinaAMC to control risks.

 

Since its establishment, ChinaAMC has always persisted on the investment philosophy of creating value under study, which has already brought investors satisfactory returns. By the end of October 2006, China AMC had asset of over RMB 50 billion, with the accumulated dividend of exceeding RMB 6.5 billion. And many of its funds have leading performance than other funds in China, among which ChinaAMC Dividend Fund and ChinaAMC Large-cap Select Fund are rated as Star 5 funds for the whole year by Morning Star, the first three funds among the same funds.

 

Since the launch of agency fund sales, CCB has been following the “customer-oriented” philosophy to accumulate experiences with the purpose of providing investors with quality, convenient and comprehensive services. So far, CCB has cooperated with 20 asset management corporations, issued 69 funds on an agent basis. Funds of CCB have covered such categories as stock, money, hybrid and bond funds. It offers back-end load, regular subscription and transfer services. At present CCB has well prepared for the issuance of this fund in terms of staff training, marketing and customer services. Investors soon will be able to subscribe the fund at over 14,000 CCB outlets nationwide. Meanwhile, CCB has already provided the agency services over its website. Investors can log onto www.ccb.com to conduct this transaction. And for more details please call CCB customer service hotline 95533.

 

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