China bond, QDII funds put equity products in the shade
A 12.5% fall in the CSI 300 in 2010 saw index and equity funds suffer, with fixed-income funds shining. Smaller firms were generally better placed, and this is tipped to continue.
A harsh investing environment saw fixed-income products and qualified domestic institutional investor (QDII) funds comfortably outperform index and equity funds on average in China last year.
The CSI 300 registered a 12.5% drop in 2010, leading index products to register an average 11.73% decline over the same period, while their equity counterparts garnered just 0.31%.
Bond funds, on the other hand, finished the year with an average 7.02% return, while QDII funds – despite lagging fu…
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