First State Cinda launches high-yield fund

7 June 2010 | 1 minute read

First State Cinda has started offering High-Yield Equity Fund today (June 7). It is benchmarked off the Citic Dividend Index and the China Bond Composite Index and will invest in A-shares that pay generous dividends. The fund will allocate 60%–95% of its capital to equities and 5%–40% to fixed-income assets. The fund is managed by First State Cinda. Its custodian…

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