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JF launches second QFII fund

Around 75-85% of the fund will be exposed to a basket of 30 to 40 high conviction stocks; the rest will be invested in exchanged-listed bonds.

Following on from the success of its JF China Pioneer A-share Fund launched in 2006, JF Asset Management says it has successfully applied for a new qualified foreign institutional investor (QFII) quota from the Chinese regulator and is launching its second QFII fund.

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