OREANDA-NEWS. July 01, 2011. According to the data published by the National Bureau of Statistics of China, Consumer Price Index (CPI) has increased by 5.3% year basis.  In order to meet the needs of investors against the inflation pressure and for increasing wealth management income, Agricultural Bank of China Limited (ABC) is about to launch the "Jin Qu Zeng Li" bond-type wealth management products developed independently by itself. As a new product series launched following the "Ben Li Feng", "Hui Li Feng", "An Xin De Li" and "An Xin Kuai Xian" brands which were well-received by the market, "Jin Qu Zeng Li" features stable investment, active operation, high yield and moderate risk. Besides, it only invests in various bonds placed and traded in domestic market, reported the press-centre of ABC.

In European and North American developed countries, bond assets constitute an important part of households' investment portfolio aside from real estate, equity, deposits and insurance. "Jin Qu Zeng Li" will provide general investors with new wealth management options and a convenient way of allocating bond-type assets, and is helpful for increasing the return on funds.
"Jin Qu Zeng Li" No.1 is a wealth management product tailor-made for investors with certain investment experience and risk-taking capacity. It is a debenture bond which invests on domestic inter-bank bond market with the introduction of financing leverage mechanism. ABC will fully utilize its trading experience in bond field over the years and designate a professional team to perform dynamic management and continuously optimize portfolio structure, so as to surpass the level of return of congeneric products in the market. Another merit of this product lies in that it allows monthly redemption after the lock-out period, which provides better liquidity to the investors. The customers are entitled to high yield from the product while affording liquidity requirement.

ABC has a professional wealth management team and issues various wealth management products which are highly recognized by more and more professional agencies. In recent years, ABC had received a number of awards such as "QDII Wealth Management Product of the Year", "Structural Wealth Management Product of the Year", "2009 Best Wealth Management Product Portfolio in Marketing Innovation" and "2009 Best Renminbi Wealth Management Product". ABC's "An Xin Kuai Xian" wealth management product was rated as "2010 Top 10 Bank Wealth Management Products in China" by MoneyWeek, among other prizes, on the 3rd Most Respectable Banks and Best Retail Banks in China rating in 2010. Recently, among the 78 banks in the "BENEFIT Standard-Rating on Wealth Management Capabilities of Banks" published by BENEFIT, ABC ranked top 10 in terms of both diversity of wealth management products and regularity of information disclosure.