2010 National Social Security Fund's equity investment income of the Fund over 34.94 million RMB

Xinhua News Agency, Beijing, May 19 (reporters Wu Yu and and He Yuxin)-19th 2010 report shows the national social security fund, as at the end of 2010, the National Social Security Fund's total assets under management amounted to $ 856.69 billion. The annual report also disclosed that last year the National Social Security Fund's equity investment income of the Fund over 34.94 million RMB. Ten-year growth of nearly 10 times the average annual rate of return of 9.17% report shows, the National Social Security Fund's total assets amounted to $ 856.69 billion, direct investment assets total 58.1%, delegate investment assets total $ 41.9%; $ 32.122 billion investment income of the Fund, has achieved revenue of 42.641 billion yuan, investment yields 4.23%. Recommended reading insurance weekly: variable amount annuity pilot started Beijing Shanghai five city first wins insurance enterprises violations promotions penalty 500,000 insurance ring "Wang yawei" emerge surface exaggerated income does not to risk silver insurance disputes constantly should first to family "pillar" Shang foot insurance regardless of from lost insurance is zehui Shi Qiming jointly immortal see disk build boutique lecture national social security fund established ten years so far, assets total compared established Shi of 80.509 billion yuan, growth 10 times times more, Trojan investment income amount 277.26 billion yuan, annual investment income rate 9.17%. Compared with 2009 annual report, in 2010, the national social security fund interest, dividends, trust investment and long-term equity investment and other income have different levels of growth. At the same time, security post and reduced income from derivative financial instruments. National Social Security Fund Council, President of DAI Xianglong has said, Fund in improve investment income rate aspects still has potential, this year, national social security fund will stability and increased on stock of investment, increased on is not listed company equity and equity investment fund of investment, created conditions started on endowment cause project of investment, and appropriate expanded on outside investment of range and amount, while, to by annual actual investment twice times above scale, established prepared degree different of investment project reserves library, do scroll development. According to the National Social Security Fund Council's projections, by 2015, management of the National Social Security Fund Council funds will reach $ 1.5 trillion. Internally switched $ 31.98 billion state-owned stocks as the main financing Fund annual report shows that in 2010, in the territory of the National Social Security Fund transferred $ 31.98 billion state-owned stocks, including stock 19.663 billion $, $ 12.317 billion in cash; received go outside the State-owned shares 6.754 billion yuan. Data show that since its June 2009 implementation within State-owned unit switched policy, Trojan switched into the territory of the State-owned unit of the national social security fund $ 91.764 billion, including $ 69.522 billion stock, $ 22.242 billion in cash. Since 2005, since the implementation of modified by foreign State-owned shares transfer policy, the cumulative transfer $ 50.036 billion outside the State-owned share holding. National Social Security Fund Council official said, switched into the policy system for State-owned stocks of national social security fund has opened up a stable funding mechanisms, has become one of the main sources of funds. Super $ 34.94 million equity investment income of the Fund investment increasing annual report shows that national social security fund's equity investment income of the Fund more than $ 34.94 million. It is understood that the end of 2008 to early 2009, the national social security fund in the first institutional investor status that can be independently invested equity fund, committed to Hong-Yi and CDH two equity investment fund to invest $ 2 billion. After that, continue to increase its equity investment fund of the national social security fund investment. As of March 31, 2011, investing a total than in the national social security fund, Bohai industrial Fund, the Fund associations 9 investment fund managed by the 7-person established equity funds, pledge investment amounted to 15.655 billion yuan. Guo Tianyong, Professor of the Central University of finance and financial believes that comprehensive application variety of investment tools, direct equity investment will strengthen the Fund's investment income levels, conducive to the preservation and appreciation of the national social security fund, the national social security fund in the future should also continue to explore expanding investment channels.