China Investment Fund Annual Report And Information Disclosure

The security investment fund receives investors' extensive welcome more and more and develops rapidly. People pay so closer attention to the investment operation of the fund and its business performance than before, that the disclosure of the fund information and the comprehension about its content should be especially important to both investors and fund itself. As the realistic particularity of the fund's business, not only the accounting of the fund, but also the fund report is all different from general enterprise. It could be familiarized with the fund's future further to know and understand the particularity of the various parts in the fund report properly. There are not a lot of domestic investors familiar with the disclosure of the fund information presently, and the investor who understand how to analyses the fund report is less. Issue of how to effectively analyze the fund report for the investor is solved urgently.The paper analyzes and discusses how to analyze the fund annual report for the investor and solve the issues of the fund information disclosure. The paper has been divided into four chapters.The first chapter confirms the research range of this paper at first, the annual report analysis of security investment fund, then introduces the composition content of the fund annual report, the users of this report and their attention. The second chapter mainly explains the particularity that accounting of the fund, and specifies the main financial index used by the fund.The third chapter mainly expounds the fact how to carry on the annual report analysis of funds. The key research focuses on five aspects, analyzing the fund manager's report, the financial accounting report analysis of the fund, the financial index analysis of the fund, the investment portfolios report analysis of the fund, and the affiliated transaction analysis of the fund.The fourth chapter presents the current situation and question of the fund information disclosure, then it discusses which method could improve the quality of the fund information disclosure and offers the settlement proposing.