Reportedly, CCB, as the agent bank to sell Boshi Stable Value Fund, yields a good proxy sale volume of RMB 1.68 billion, which has become a spotlight in the fund market.
The investment objective of Boshi Stable Value Fund is to obtain a return beyond the investment benchmark by means of active management and quantitative analysis, based on the stable value. This fund is mainly used to invest in instruments with high ratings including Treasury bond in the inter-bank securities market, financial bond, enterprise bond with AAA, subordinated bond and money market instrument. And this fund has stable return with low risks and advantages of both securities fund and money market fund, and is subscribed and redeemed with no fees. And the predicted yield is beyond money market fund. It has already received the recognition from investors.