ICBC Placed Lion Stock Securities Investment Fund Under Custody

Recently, Lion Stock Securities Investment Fund underwritten by ICBC was formally placed under its custody. Proceeds received during issuance of Lion Stock Securities Investment Fund totaled to 379.18 million fund units. Valid subscription accounts were 4261. Till now, there are 53 funds, 163.366 billions of fund units and RMB 159.549 billions of net fund assets under ICBC custody.

With a view on the relative advantages of Chinese enterprises and global development, Lion Stock Securities Investment Fund finds the most potential valued companies to invest in order to obtain stable medium- and long-term earnings. Professional means of this fund in analysis and management of investment are decentralizing and mastering of risks.

Strict risk control system is in place to protect stable earnings under secure operations. With an eye on macro economy and market movement of capital and currency both at home and abroad, allocation of assets of this fund focuses on making rational adjustments to the ratio of stock investment in fund assets and appropriate allocations on bond and cash as well.

In terms of stock selection, the fund makes use of quantitative model to select stocks with real sustainable investment value relative to various critical factors to continuous profitability of main businesses. In terms of bond selection, the fund proactively adjusts the permanent structure of bond portfolio through researches on macro economy, State policies and yield rate curve.

Based on the above, Lion Stock Fund mainly located listed companies with comparable China advantages during globalization process. Its ratio of structured stock investment is 60-95%. Its investment style is even more active than that of Lion Balanced Fund.

This Lion Stock Securities Investment Fund placed under ICBC custody this time is the third fund managed by Lion Fund Management Co., Ltd. Two other funds of the company Lion Balanced Fund and Lion Money Market Fund, are placed under ICBC custody and underwritten by ICBC as well. Amongst, operation of Lion Balanced Fund had achieved good results last year, ranked in the first three of all open-ended funds.