Xinhua Diamond Quality Enterprise Equity Fund Raised 1.937B Yuan

The Xinhua Diamond Quality Enterprise Equity Fund, the fourth fund managed by Xinhua Fund, had completed preparations for its launch on January 29, reports China Securities Journal, citing a company filing.

The fund raised a total of 1.937 billion yuan.

Separately, the Xinhua Selective Dividend Fund gained 99.73 percent in 2009.