As of June 30, 2007, there were 332 open-end securities investment funds. Among them, there are 43 equity funds 103 hybrid funds103, 3 bond funds1only, 5 monetary funds1only, and 4 in principal guaranteed fund. 35 closed-end funds. * * * There are 59 fund management companies and 28 Sino-foreign joint venture fund management companies. In 2007, two new fund companies were established. Open-end funds account for more than 90%, and closed-end funds account for about 3%. The better fund is Huaxia, with good investment and total assets exceeding 3 trillion.