Fortune Fund Management Co., Ltd. (abbreviated as Fortune Fund) is a fund management company established in 1999 by several securities and trust investment companies. Headquartered in Shanghai, it is one of China's earliest ten fund companies. The legal representative of Fortune Fund is Pei Changjiang, and it has branches in Beijing, Guangzhou, and Chengdu.
The major shareholders of Fortune Fund include Haitong Securities, Shenwan Hongyuan Securities, and the Bank of Montreal. Haitong Securities is a comprehensive state-owned securities company controlled by the Shanghai State-owned Assets Supervision and Administration Commission. Shenwan Hongyuan Securities is a comprehensive securities company controlled by Central Huijin. The Bank of Montreal is one of the oldest banks in Canada.
Fortune Fund offers the following main products and services:
- Mutual Fund Management: Offers a variety of public fund products including equity, hybrid, bond, index, and QDII funds to meet the needs of different investors.
- Specific Client Asset Management: Provides professional asset management services for specific clients, including asset allocation, investment strategy, and risk control.
- Enterprise Annuity Fund Management: Provides fund management services for enterprise annuity plans, including annuity plan design, investment management, and information services.
- Social Security Fund Management: Entrusted by the National Council for Social Security Fund to provide professional investment management services, helping to achieve long-term stable returns.
Fortune Fund can be categorized into the following types based on fund type:
- Equity Funds: Primarily invest in the stock market, seeking long-term capital appreciation with relatively high risk and return.
- Bond Funds: Mainly invest in the bond market, aiming for stable returns and principal protection, with relatively lower risks and returns.
- Hybrid Funds: Flexibly allocate between stocks and bonds, balancing risk and reward, suitable for medium to long-term investment.
- Money Market Funds: Primarily invest in short-term money market instruments, offering high liquidity and low-risk wealth management services.
- Index Funds: Track the performance of specific indices, achieving returns similar to the index with lower fees.
- FOF: Funds of funds, primarily investing in other fund products, achieving diversified asset allocation and risk dispersion.
- Infrastructure Funds: Mainly invest in public facility construction and operation projects or companies, enjoying policy support and stable cash flow.
