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July 15 funds wrap

Bank of China Investment Management (BOCIM), a joint venture between Bank of China and BlackRock, will launch a Value Selection Fund on July 19. This hybrid fund will invest in companies listed in China. In terms of benchmarking, performance will be 60% weighted towards the SHSZ 300 Index and 40% to the SSE T-Bond Index. The fund will allocate 30%–80%…

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