The news above is from 2005, so it is already out of date!

The latest 2006 Fund Golden Bull Award:

Ten fund management companies including Harvest, CI Morgan, Invesco Great Wall, and Huaxia won the title of "Golden Bull Fund Management Company" in 2006. At the same time Awards were also produced in 10 other categories. Among them, two fund management companies, ICBC Credit Suisse and China Universal, won the 2006 Rookie Award.

Assets exceeding 10 billion become the threshold for this year’s Golden Bull companies

Judging from the selection results, there are many old faces in the Golden Bull Awards, which was commendable last year when new companies and new funds continued to emerge. .

Among the top ten Golden Bull fund companies, Harvest, Yinhua, Dacheng, HFT, and Southern were all last year’s winners, while Invesco Great Wall and Penghua were the Golden Bull winners the year before.

This also proves that the Golden Bull Award has indeed selected a group of outstanding companies with the ability to sustain returns for investors. Among the Golden Bull funds, 7 funds including China Investment Morgan China Advantage, Wells Fargo Tianyi Value, and GF Jufu were last year's winners, accounting for 35% of last year's award-winning funds. It is worth mentioning that since the first Golden Bull Award selection, Fund Science and Technology has won the award for four consecutive years, and Harvest Financial Link Growth has won the award for three consecutive years. It can indeed be regarded as a frequent visitor to the Golden Bull Award.

According to statistics, we found that all 38 awards of this year’s Golden Bull Awards were divided among 19 fund companies. It is worth noting that the net fund asset management value of these 19 fund companies at the end of 2006 exceeded 10 billion. Yuan, while during the same period there were 26 companies with net assets under management exceeding 10 billion.

Only companies with assets of over 10 billion can win the Golden Bull Award. This shows that after several years of development, the fund industry has gone out of the era of relying solely on independent efforts to create performance. Winning in the competition will mean more relies heavily on the company's comprehensive strength. Without a relatively complete corporate governance structure and an investment management team with sufficient experience and personnel, it is impossible to continuously beat the market.

Choose the best funds carefully

Taurus is not a wild bull. It must not only go well, but also go steadily and for a long time.

2006 was a great year for the fund industry, with substantial growth in performance. A number of outstanding fund companies not only brought generous returns to their holders, they also made rapid progress. develop. This makes the competition for this year's Golden Bull Award unprecedentedly fierce. The organizers and co-organizers have taken great pains to select the Golden Bull based on what criteria.

In the selection process of this year’s China Fund Industry Golden Bull Award, while giving top priority to “performance and returns”, we also adopted a more “prudent” attitude in the face of dazzling high growth, and accelerated Increased emphasis on compliance, risk control, investor protection and other aspects of fund operations. Not only should we examine whether its performance is excellent enough, but we should also examine where this excellent performance comes from, so as to strip away potential risks as much as possible. Strive to evaluate the past performance of the fund while exploring its ability to continuously return holders, so as to display a group of outstanding funds and excellent fund management companies while achieving the important selection purpose of "providing important reference for investors to choose funds" .

Fine-tuning the rules to adapt to market development

Not setting up awards based on people or situations is a principle that this newspaper has always adhered to in the selection process of the Golden Bull Award.

At the same time, in order to adapt to the rapid growth of China's fund industry, the Golden Bull Award can make appropriate fine-tuning while maintaining the overall stability and continuity of the original selection rules.

In this selection, a new award of "Open Index Golden Bull Fund" has been added. The average net value growth rate of index funds last year was 125.83%, which was the best among all fund categories. As a large number of blue-chip index stocks are listed one after another, passive index investors will receive more and more attention from investors. At the same time, the number of index funds that met the evaluation conditions last year reached 10. Index funds as a whole category have met the conditions for participation in the evaluation.

Different from other fund types, index funds focus on their effectiveness as a trading tool for investors, the tracking error of the fund relative to the underlying index, the size of the fund, transaction convenience, and market influence. It is an important inspection indicator. The result of the comprehensive evaluation is that SSE 50ETF won this newly established award.

In this selection, the selection criteria for “Continuously Outstanding Golden Bull Funds” have also been fine-tuned. In the past, the continuous outperforming Golden Bull Fund examined the operation of the fund in the past two complete fiscal years. However, with the growth of China's fund industry, more and more funds have three or more years of operating experience. Therefore, in this selection, operating for two years only means that the fund meets the threshold for entering the candidate list. During the selection process, not only the performance of the fund in the past two fiscal years will be examined, but also the performance since its establishment. Historical performance and its stability.

The complete success of this year’s China Fund Industry Golden Bull Award selection cannot be separated from the strong support of all parties. Regulators, experts and scholars, industry celebrities and relevant leaders of the main and co-organizers constitute a strong selection guide The committee includes relevant leaders from the China Securities Regulatory Commission, China Banking Regulatory Commission, China Insurance Regulatory Commission, Ministry of Labor and Social Security, National Council for Social Security Fund, and Securities Association of China.