Product Description
| Item |
Contents |
| Code |
830018 |
| Name |
Bank of China Emerging Market (R) |
| Product Establishment Date |
October 30, 2007 |
| Issuing Object |
Domestic institutions and individual residents |
| Administrator |
Bank of China |
| Domestic Custodian |
Industrial and Commercial Bank of China |
| Overseas Escrow Agent |
American Brown Brothers Harriman |
| Issue Share (100 million) |
---- |
| The Latest Total Share (100 million) |
---- |
| Product Management Fee |
0.60% per year |
| Product Purchase Rate |
Amount of purchase (M)
M<1 million
1 million≤ M<5 million
5 million≤ M<20 million
M ≥ 20 million |
Rate
1.2%
0.8%
0.4%
0 |
| Product Redemption Rate |
Period of redemption (N)
N ＜ 1 year
1 year≤ N ＜ 2 years
N ≥2 years |
Rate
0.8%
0.2%
0 |
| Product Custody Rate |
0.20% per year |
| Scope of Investment |
The product converts collected RMB funds to USD, and then invest it in open-end equity fund (including China Concept Fund, Emerging Market Fund and the BRIC Fund), USD fixed income, money market products and so on. |
| Investment Objective |
Through reasonable asset allocation, strive for the opportunity of capital appreciation and get consistent returns exceeding performance benchmark. |
| Investment Style |
Open-end, type of asset allocation |
| Performance Benchmark |
USD: 30% Morgan Stanley China share index + 40% Morgan Stanley Emerging Market share index + 30% Lehman American government bond index (1-10 years); upper limit of total investment proportion of equity fund is 85%. RMB performance benchmark is formed by adjustment to the above mentioned USD performance benchmark according to the short-term spread level of USD and RMB. |
Position Details
Product Name: Bank of China Emerging Market (R) Deadline: October 31, 2010
| Category |
Market Value (RMB Yuan) |
Proportion |
| Equity Fund |
1,575,993,757.64 |
76.17% |
| Bond |
80,235,092.26 |
3.88% |
| Cash and Others |
412,904,055.10 |
19.95% |
| Minimum Rating of Investment Bond |
AAA/Aaa |
| The Top 10 Positions |
| No. |
Name |
Category |
Rating |
Market Value (Yuan) |
Proportion |
| 1 |
First State China Growth Fund |
Greater China Equity Fund |
|
939,486,220.20 |
45.40% |
| 2 |
Morgan Stanley Emerging Market Equity Fund |
Emerging Market Equity Fund |
|
488,033,745.04 |
23.59% |
| 3 |
Templeton BRIC Fund |
Emerging Market Equity Fund |
|
148,473,792.40 |
7.18% |
| 4 |
FHLB 4 7/8 05/17 |
US AGENCE |
AAA/Aaa |
80,235,092.26 |
3.88% |
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Positions of Three Equity Funds
| |
The Top 10 Positions of First State China Growth Fund
(Deadline to June 30, 2010) |
| No. |
Name |
Proportion %% |
| 1 |
Yantai Zhangyu |
6.0 |
| 2 |
China National Offshore Oil |
4.0 |
| 3 |
HENGAN INTL GROUP |
3.7 |
| 4 |
CHINA TELECOM-Hhina Telecom (Hong Kong) |
3.6 |
| 5 |
CHINA RESOURCES POWER HOLDINGS LTD |
3.6 |
| 6 |
Xinao GasXIN'AO GAS |
3.5 |
| 7 |
CHINA RESOURCES ENTERPRISE |
3.5 |
| 8 |
CHINA COMMUNICATIONAS SERVI-H |
3.4 |
| 9 |
China Pacific Insurance |
3.4 |
| 10 |
Li Ning Group |
3.3 |
| |
The Top 10 Positions of Templeton BRIC Fund
(Deadline to June 30, 2010) |
The Top 10 Positions of Morgan Stanley Emerging Market Equity Fund
(Deadline to June 30, 2010) |
| No. |
Name |
Proportion %% |
Name |
Proportion %% |
| 1 |
CVRD |
8.17 |
AMERICA MOVIL
ITAU BankBANK |
2.44 |
| 2 |
ITAU Bank |
5.05 |
Samsung |
2.28 |
| 3 |
BANCO BRADESCO SA |
4.54 |
ITAU Bank |
1.84 |
| 4 |
Yanzhou Coal |
4.02 |
CVRD |
1.66 |
| 5 |
HINDALCO INDUSTRIES LTD |
3.98 |
South African MTN Group |
1.58 |
| 6 |
PETROLEO BRASILEIRO SA |
3.97 |
Construction Bank of China |
1.48 |
| 7 |
PETROCHINA CO. LTD |
3.94 |
PETROLEO BRASILEIRO SA |
1.36 |
| 8 |
MINING AND METALLURGICAL CO NORILSK NICKEL（RUSSIA） |
2.95 |
Luk Oil |
1.35 |
| 9 |
CHINA PETROLEUM & CHEMICAL-H |
2.77 |
INFOSYS TECHNOLOGY LIMITED(INDIA) |
1.28 |
| 10 |
GAZPROM |
2.74 |
NASPERS LTD |
1.19 |
Product Report
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