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SZSE LOF Awarded Best Listed Fund in Asia

Date: 2010-10-20

The “ETFs Magazine”, a world famous professional magazine in ETF field, held the award ceremony for Asian ETF in 2010 in Hong Kong with the “Wall Street Journal” and other financial institutions. Shenzhen Stock Exchange, Singapore Stock Exchange, Tokyo Stock Exchange and globally-prestigious banks and other world-renowned financial institutions attended the ceremony. At the award ceremony, the SZSE was awarded “Best Listed Fund Exchange in Asia”, and the Shenzhen Stock Exchange LOF, Harvest CSI 300 Index fund took the “Best Listed Fund in China”; the Singapore Stock Exchange received the “Best ETF Exchange in Asia”.

 

The index investment products have become a bright point of the SZSE fund market. To date, the SZSE 100 ETF has the biggest assets in China, and the Harvest CSI 300 LOF has been the largest fund in China for long period. In recent years, the SZSE fund market also keeps the rapid growth. By the end of September, 2010, the SZSE has 80 listed funds representing 80 percent of the total listed funds in China, shaping up the complete system which covers the close end funds, LOFs, ETFs and innovative classification funds with the different investment styles and risk returns.

 
It is reported that the SZSE will continue to commit to the development of index investment products such as ETF, and make contribution with much effort to increasingly enrich the investment instruments in the fund market.

The SZSE was awarded “Best Listed Fund Exchange in Asia”, and the Shenzhen Stock Exchange LOF, Harvest CSI 300 Index fund took the “Best Listed Fund in China”.