CCB Sells Fortune SGAM Money Market Fund as the Agent Bank

China Construction Bank will sell a new product of money market issued by Fortune SGAM Fund Management Co. Ltd from Feb. 28 to Mar. 25.

The investment objective of the new money market product is: to draw upon the advantages of money market instruments, to obtain a steady return from the financial instrument of money market under the low risk investment environment, and to keep the liquidity of the investment portfolio as a demand deposit and to pursue a yield overrunning the one-year term deposit interest rate after tax. Its features are: firstly, this product takes the one-year term deposit interest rate after tax as the comparative benchmark. Secondly, this product can be freely transferred to Fortune SGAM Baokang Series and Multi-Strategies Growth Fund. Investors who purchase this fund during its subscription period can enjoy a preferential policy to transfer this fund with charge free within 90 days after the fund contract coming into effect. Thirdly, this fund is managed by fund managers of Baokang securities fund and investment management team.

CCB is one of the first commercial banks to sell funds as the agent bank. CCB has always insisted on the philosophy of Product Strategy since the first sale as the agent bank. Till this February, CCB, as the agent bank, has sell 25 open-ended funds, with the sales volume of over RMB 31 billion. It ranks the leading position among all domestic banks. So far, all funds sold by CCB has operated very well and received good public praise and recognized in the market.

In order to successfully sell this fund, CCB and Fortune SGAM Fund Management Co. Ltd have done a lot of preparation work such as training, marketing and customer services in line with the market trend and products features. And investors can inquire and subscribe this fund at over 14,000 CCB outlets.