UBS SDIC FUND AGREED TO ISSUE BOND FUND
AsiaInfo Services, December, 2007
AsiaInfo Services 12-11-2007 UBS SDIC Fund Agreed to Issue Bond Fund SHENZHEN, Dec 11, 2007 (SinoCast via COMTEX) -- Shenzhen-based UBS SDIC Fund Management Co., Ltd. has gained regulatory approval to issue its seventh fund. As a bond fund, the new fund is to mainly make investment in the fixed-income securities products, such as treasure bonds, financial bonds, corporate bonds, convertible bonds and banking deposits as well as the subscription for new shares and additional shares in the primary market. Besides seeking for the steady value increase of its assets, the new fund will strive for high-return investment. From October 1 to December 7, nine bond funds, among the ten open-end funds, took the leading position by net value growth, while stock-oriented funds...
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