Southern fund Management Co., Ltd. was established on March 6th, 1998, and is one of the first three fund management companies approved by China Securities Regulatory Commission. It used to be famous, but it has declined in recent years. Southern fund, once the "boss" of the fund industry, did not get out of the shadow of the downturn in development in the past 2009. In 2009, southern fund's year-end scale ranking was not ideal, and its investment performance ranked at the bottom. Ranked fifth by industry scale. The top four are Huaxia, Yifangda, Jiashi and Bosera. Huaxia, Yifangda and Jiashi have performed well in recent years.