Net worth Bounce 40% to prev 4,000 above level fund redemption tide looming

A recent return of the net value of a transfer fund to 1 yuan, after enduring a year-long loss, Mr. Chen firmly redeemed the holding of the letter of the Transfer fund. Reporter learned that this year, the average net worth of equity funds growth rate of 40%, a small number of funds is returned to the Shanghai Composite index more than 4,000 levels, and in the recent rapid rebound in net fund, many fund holders in the back after the choice to redeem the funds held. Fund researchers also believe that in the rebound period, the fund is easy to "redeem the tide."　　This has also been supported by the fund company, the reporter learned from the fund, in addition to a small number of outstanding old fund is net purchase, recently some funds are in the face of net redemption. Taking part in a fund for the construction of the Dragon Yuan in June, the fund was awarded $5.54 million for the construction of $770,000, while the net value of $5.54 million was 0.11% per cent on the basis of June 2, and therefore, by calculation,　　As of June 2, the fund had a share of 5.545 billion, and the fund's share at the end of the first quarter was 6.025 billion, so the fund had a net redemption of 480 million by June 2 of the Year two. Similarly, last year, a very good performance this year, a fund of two funds in the two quarter is also net redemption, in May, the Fund's two funds to participate in the Dan Technology directional additional, to two fund participation costs, the proportion of the Fund's net worth and the date of the Fund calculated, as at May 11, One of the funds had a share of 18.43 billion, compared with 18.92 billion in the first quarter, with a net redemption of 490 million in the two quarter.　　The other fund's share of the fund on May 11 was 2.495 billion, and its share of the fund in the first quarter was 2.732 billion, so the fund had a net redemption of 237 million in the two quarter.　　A fund executive recently said that while net worth rebounded quickly, the company's partial-stock fund is basically a net redemption status, so they are now ready to continue marketing. The Great Wall Securities Fund researcher Shangong that in the rebound fund easy "redemption Tide", the 2004 stock index crash triggered a two-year bear market, in the first quarter of the 2006-year rebound, the performance of the partial-stock fund rebounded sharply, more than 85% of the fund's net worth and more than 95% of the cumulative net return of more than 1 yuan, As a result, investors have massively redeemed their funds after the fund's return. In the first quarter of 2006, 46.106 billion net redemptions accounted for 43.45% of the increase in the 2004-year fund expansion period. In addition, at the end of the three quarter of 2006, there was also a wave of redemption, mainly in the first half of 2001 to 2005 funds issued, especially in the 2002 and 2004 index at relatively high levels of the Fund to redeem the highest proportion. As of September 30, 2006, the proportion of funds redeemed in 2001 was 56.43%, and in 2002 the proportion of funds redeemed was 82.41%, and the redemption ratios for funds issued in 2003 and 2004 reached 53.9% and 76.11% respectively.61.82% of the funds issued in the first half of 2005 were redeemed.　　Since then, with the formal establishment of the bull market and the fund company dividends, split and other active marketing activities, the purchase of funds to re-enter actively, the scale of these funds can gradually rebound. However, there are also Shenzhen Fund company's marketing ministry said that their company's recent outstanding performance of one or two funds is a net purchase status, a daily net purchase amount can reach about 50 million yuan.