OREANDA-NEWS. April 26, 2012. ICBC Credit Suisse has once again been named as one of the "Top 10 Fund Companies" at the 2011 China Star Funds Awards hosted by Securities Times, according to the data provided by the Morningstar, Shanghai Securities and Jian Financial Information. In addition, the ICBC Credit Suisse Dividend Equity Fund was named "2011 Stock Fund", adding another award to ICBC Credit Suisse, reported the press-centre of ICBC.

Against a difficult and turbulent year of 2011, ICBC Credit Suisse remains committed to taking investors' return above all else. The Company analyzes customer requirements and market opportunities in order to add maximum value to investors' assets steadfastly. Four of the 5 new funds launched last year generated positive return. Of which, the ICBC Add Profit A and ICBC Add Profit B, the first bond funds in the market carried with pension fund, have returned 4.80% and 4.4% respectively in only 4 months since inception, sitting the fourth place and fifth place in a ranking of 190 bond funds. Besides, in 2011, several stock-oriented funds of ICBC Credit Suisse, namely, ICBC Dividend, ICBC Balanced World, ICBC Global Selected, were included in the top list as well (according to Galaxy Securities).

Despite the downturn of asset management scale in the fund industry, ICBC Credit Suisse capitalized the growth opportunity and registered growth benefiting from the accurate market judgment and long-term continual performance. ICBC Credit Suisse has over RMB 100 billion in total assets under management, of which, nearly RMB 70 billion are mutual funds. ICBC Credit Suisse is continuously climbing the ranking and earns its well-deserved status of being one of the "2011 Top 10 Fund Companies".

Securities Times, a publication of People's Daily, is one of the mainstream media in the first batch to rank the funds under the approval of China Securities Association. With a mission of "Protect Investor Return" and long-term practices, the "China Fund Awards" were referred under open, fair and just manner. The evaluation process uses a quantitative approach to evaluate the fund products that involves whether they have respected the rules and fulfilled fiduciary responsibilities, whether they can generate long-term, stable and continuous return to the investors. The finalists are the funds and funds companies that perform well over a longer period. The purpose is to provide valued reference for fund investors. "China Fund Awards" of the Securities Times is now one of the most influential award program in the industry.