The second half of 2011, which is the main surge is still slant model fund. In 211 fund, open stock fund losses late 2011 reach 40.14 billion yuan, and the first half of the loss for 3.48 times; Open mode fund of the second half of 2011 hybrid loss amounted to 14.89 billion yuan, 1.69 times of that of the first half for loss; Closed-end funds in the second half of the 2011 loss to 3.87 times during the first half of the year. Range from losses to see, partial robust style in the second half of last year guaranteed fund most serious damage. The data shows, in the first half of last year 3 only guaranteed fund losses total $860000, but the end of the surge to 250 million yuan loss fake oakley asian fit sunglasses, loss in the first half of the second half is increased by 290 times.
Need to point out that because of the second half of last year large losses, the 211 fund for distribution of net income by are turning negative, basic lost the ability of share out bonus. Day despite data shows congenial, in the first half of 2011, 211 fund for total net income distribution for 3.037 billion yuan, and the year-end total net income distribution can be for-2.637 billion yuan.
Income cost is in a "double down"
The fund lost last year, not only affects the fund company of the management fee income and also make fund company many expenses down, both in a "double down" the situation.
On day despite data showed that in 2011, 17 home fund company management fee income amounted to RMB 5.072 billion, is in 2010 reduced about $255 million, a drop of 4.77%. To fund product classification fake oakley lifestyle sunglasses, can be found in fund management fee income decline reason lies in slant model fund contribution income decreased obviously. Meanwhile, bond type and monetary fund contribution income is 2010 significant rise instead, show fixed-income products on the status of funds is on the rise.
In the management fee income declining, fund company many cost expenditures down significantly. With the stock commission, for example, 2011 17 home fund company total spending transaction commission 900 million yuan, a cut 2010 308 million yuan, fell to 25%; And fund pays the custody fee for custody Banks also dropped, in 2011 and its pay for 899 million yuan to accrue fake oakley active sunglasses, more in 2010 reduced 025 million yuan, fell 2.7%.
However, fund company in order to maintain the property management scale and the customer maintenance fee but spending to grow. In 2011, 17 home fund company pay customer maintenance fee for 812 million yuan, accounting for 16% management fee income, a 1.08% increase in 2010. Among them, the customer maintenance fee of management fee income highest rate of fund company rates as high as 38.76%, and some company in order to maintain asset scale, do not hesitate to increase customer maintenance costs. A company than even the accounted for by 20.94% in 2010 to 35.95% in 2011 soaring, fund company's survival pressure is obvious. March 24,, according to the outside world fraud questioned, donge donkey-hide gelatine (42.42, 0.10, 0.24%) (the Po) foreign releases announcement to say, "xinjiang hetian, Iowa donkey-hide gelatine Co., LTD. Is a subsidiary company, the company in quality monitoring and technical personnel, mainly responsible for the donkey skin for the treatment of production material, of all production process in accordance with GMP (standards for quality control of pharmaceutical production standards), and through xinjiang, shandong both the drug agency for approval. The move to respond to a nation called for xinjiang construction, support, make good use of the donkey skin resources in xinjiang region, at the same time, reduce transportation costs."