2005
2006 3 24
............................................................................................................... 1
............................................................................... 2
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1
1
2
3 : 519005
4
5 2005 7 29
6 1,054,120,932.79
7
8
9
1
2
3
×80 ×20
4
1
2 88 37
3 88 37
4 : 200121
5 http://www.hftfund.com
6
7
8
9 021-50471758-591
10 021-50479057
11 wrxi@hftfund.com
1
2 1
3 1
4 : 100818
5 http://www.bank-of-china.com
2
6
7
8 010 66594977
9 010 66594942
10 tgxxpl@bank-of-china.com
http://www.hftfund.com
1
202 11
2
27 23
2005
1 ( ) 1,200,650.76
2 ( ) 0.0015
3 ( ) -5,283,845.83
4 ( ) -0.0050
5 ( ) 1,048,837,086.96
6 ( ) 0.995
7
0.15%
8
-0.50%
9
-0.50%
2005 7 29 2006 2005 7 29 2005 12 31
1
3
1
2 3 4 (1) (3) (2) (4)
-3.12% 0.74% 0.48% 0.73% -3.60 0.01%
-0.50% 0.69% 5.85% 0.88% -6.35% -0.19%
2
2005 7 29 2005 12 31
1 2005 7 29 2005
2 6
4
3
2005 7 29 12 31
10
2005
[2003]48 2003 4 1
5
2003 2005 7
CFA MBA Donier International Robert W. Baird 2003 7 2004 4 2005
4 2005 7
2005 A 2005 105 2005 2005 12 2005 A QFII A 2005 A
2005 7 4 2005 2006
, 0.5%, 5.85%, -6.35%
6
2006 4 3-4
2006
1. 2005 QFII A
2. 3G,
3. 2005
2005 2006 2006 2006 2006 2006
2005
7
2005 7 29 2 < >
1
1
2
3
2 2005
1 8
2
3
3
2006 3 24
(2006) 157
( )2005 12 31
2005 7 29 ( ) 2005 12 31
2005 12 31 2005 7 29 ( ) 2005
12 31
·
2006 2 28
9
2005 12 31
113,490,224.92
866,190.19
10
420,035.35
4,775,833.79
1
46,393.70
266,060.13
887,519,017.45
888,578,382.82
6,000,000.00
6,000,000.00
0.00
0.00
44,200,000.00
1,057,583,755.53
3,189,531.00
3,154,151.37
8,296.26
1,244,196.43
207,366.08
3
498,526.72
4
250,000.00
5
194,600.71
8,746,668.57
6
1,054,120,932.79
2
(6,248,477.15) 10
964,631.32
1,048,837,086.96
(2005 0.995 )
1,057,583,755.53
2005 7 29
( )
2005 12 31
7
1,445,481.13
4,203,073.40
684,913.96
677,485.04
9,370.84
8
190,552.61
7,210,876.98
(4,983,550.45)
(830,591.80)
9
(196,083.97)
(136,100.71)
(58,500.00)
(6,010,226.22)
1,200,650.76
/( ) 2
(1,059,365.37)
141,285.39
1,200,650.76
11
(458,106.52)
222,087.08
964,631.32
-
964,631.32
2005 7 29 ( )
2005 12 31
419,612,160.22
1,200,650.76
/( )
(1,059,365.37)
141,285.39
846,985,266.68
-
(217,901,625.33)
629,083,641.35
-
1,048,837,086.96
12
( ) ( ) [2005]85 419,517,490.36 (2005) 107 2005 7 29 419,612,160.22 94,669.86
70%-95% 5%
( )
( )
1 1 12 31 2005
7 29 ( ) 2005 12 31
( )
( )
13
( )
(i)
(ii)
(iii)
( )
(iv) /( )
(v)
( )
(i)
/( )
(ii)
(iii)
( )
14
( ) /( )
/( )
( )
1.5%
0.25%
( )
50%
( )
1.00
( ) /( )
/( ) /( ) /( )
/( ) /( ) /( )
15
( )
/( ) /( )
( )
( )
( )
[2002]128 [2004]78 [2005]11 ( ) [2005]102 [2005]103
a
b 2004 1 1
c 2005 6 13 50% 20%
d 2005 1 24 0.2% 2005
1 24 0.1%
e
2006 2 15 2006 1 2006 2 15
10
0.25
(a)
16
( )
( )
(Fortis Investment Management S.A.)
(b)
2005 7 29 ( )
2005 12 31
440,832,070.80 33.49% 365,361.65 34.11%
(c)
1.5% X 1.5% /
4,983,550.45
(d)
0.25%
X 0.25% /
830,591.80
(e)
17
2005 12 31 113,490,224.92 671,368.37
(f)
1
2005 12 31
36,570.76
9,370.84
389.80
62.30
46,393.70
2
/( )
/( )
(1,059,365.37) - (1,059,365.37)
- (2,569,991.14) (2,569,991.14)
- (2,619,120.64) (2,619,120.64)
2005 12 31 (1,059,365.37) (5,189,111.78) (6,248,477.15)
3
2005 12 31
215,084.65
140,622.35
73,760.83
69,058.89
498,526.72
4
2005 12 31
5
18
2005 12 31
136,100.71
58,500.00
194,600.71
6
(a) 419,517,490.36 419,517,490.36
(a) 94,669.86 94,669.86
419,612,160.22 419,612,160.22
(b) 850,013,364.34 850,013,364.34
(b) (215,504,591.77) (215,504,591.77)
2005 12 31 1,054,120,932.79 1,054,120,932.79
(a) 2005 6 10 2005 7 22 419,517,490.36 94,669.86 94,669.86
(b) 2005 7 29
( ) 2005 8 2 2005 8 3 2005 9 12
7
2005 7 29 ( ) 2005
12 31
215,755,223.47
(181,930.56)
(214,127,811.78)
1,445,481.13
8
19
2005 7 29 ( ) 2005
12 31
(a) 171,358.04
(b) 19,188.50
6.07
190,552.61
(a) 25%
(b) 25%
9
2005 7 29 ( ) 2005
12 31
136,100.71
58,500.00
1,483.26
196,083.97
10
2005 12 31
281,486.23
138,549.12
420,035.35
(a)
2005 12 31
20
600036
05/12/19 6.58 06/01/04 7.23 2,569,69016,291,783.94 16,908,560.20
000826
05/12/05 4.24 06/01/04 4.66 2,561,638 9,932,704.09 10,861,345.12
600787
05/12/19 3.76 06/01/10 3.15 8,624,70134,999,286.76 32,428,875.76
600754
05/12/06 7.90 06/01/23 7.20 1,923,15915,268,966.32 15,192,956.10
600880
05/12/21 12.06 06/01/18 10.90 53,149 607,373.45 640,976.94
000806
05/12/01 4.00 06/01/09 2.80 84,900 336,025.73 339,600.00
77,436,140.29 76,372,314.12
(b)
, 2005 12 31
058036
05
05/12/
28 06/01/1106/01/11100.00100.00 60,000 6,000,000.00 6,000,000.00
21
887,519,017.45 83.92%
6,000,000.00 0.57%
114,356,415.11 10.81%
4,775,833.79 0.45%
0.00 0.00%
44,932,489.18 4.25%
1,057,583,755.53 100.00%
A
0.00 0.00%
B
101,786,667.48 9.71%
C
350,022,553.77 33.37%
C0
111,463,784.90 10.63%
C1
0.00 0.00%
C2
0.00 0.00%
C3
0.00 0.00%
C4
33,381,547.14 3.18%
C5
0.00 0.00%
C6
10,712,000.00 1.02%
C7
82,947,094.98 7.91%
C8
111,518,126.75 10.63%
C99
0.00 0.00%
D 22,510,068.00 2.15%
E
0.00 0.00%
F
164,349,089.86 15.67%
G
53,288,859.74 5.08%
H
59,496,982.32 5.67%
I
31,760,754.70 3.03%
J
21,645,871.64 2.06%
K
62,539,785.75 5.96%
L
640,976.94 0.06%
M
19,477,407.25 1.86%
887,519,017.45 84.62%
22
( )
%
1 600519
1,162,295
53,023,897.90
5.06%
2 600583
2,000,763
51,459,624.36
4.91%
3 000858
6,834,596
49,619,166.96
4.73%
4 600406
3,117,511
47,822,618.74
4.56%
5 000538
2,032,563
42,074,054.10
4.01%
6 600761 G
6,455,635
35,570,548.85
3.39%
7 600628
5,090,247
32,628,483.27
3.11%
8 600787
8,624,701
32,428,875.76
3.09%
9 600125
4,273,763
28,805,162.62
2.75%
10 600033
3,788,382
27,730,956.24
2.64%
11 600276
1,847,617
27,252,350.75
2.60%
12 600361 G
2,861,395
26,868,499.05
2.56%
13 000900
2,997,145
26,524,733.25
2.53%
14 600008
4,500,000
25,155,000.00
2.40%
15 600900 G
3,252,900
22,510,068.00
2.15%
16 000002 G
5,022,244
21,645,871.64
2.06%
17 600521 G
2,091,933
20,417,266.08
1.95%
18 600811
5,249,975
19,477,407.25
1.86%
19 600009
1,346,221
19,412,506.82
1.85%
20 600018 G
1,703,282
19,264,119.42
1.84%
21 600123
1,681,579
18,968,211.12
1.81%
22 000792
1,625,000
18,785,000.00
1.79%
23 600348 G 2,000,000
18,240,000.00
1.74%
24 600036
2,569,690
16,908,560.20
1.61%
25 600875
1,285,279
15,950,312.39
1.52%
26 600754
1,923,159
15,192,956.10
1.45%
27 600000
1,523,302
14,852,194.50
1.42%
28 600085 G
1,048,050
14,578,375.50
1.39%
29 000400 G 3,068,242
13,807,089.00
1.32%
30 600028
2,815,200
13,118,832.00
1.25%
31 600580 G
2,014,585
12,409,843.60
1.18%
32 000978
1,889,891
11,622,829.65
1.11%
33 000826
2,561,638
10,861,345.12
1.04%
34 600019 G
2,600,000
10,712,000.00
1.02%
35 000888
1,950,000
10,569,000.00
1.01%
36 600897
1,234,271
10,182,735.75
0.97%
37 600059
1,382,558
8,820,720.04
0.84% 23
38 002007
681,447
7,196,080.32
0.69%
39 000602 G 993,862
5,466,241.00
0.52%
40 002028 G 360,986
4,869,701.14
0.46%
41 600688
893,589
3,735,202.02
0.36%
42 600880
53,149
640,976.94
0.06%
43 000806
84,900
339,600.00
0.03%
887,519,017.45 84.62%
( ) 2 20
1 600519
54,314,580.12 5.18%
2 000858
50,558,350.93 4.82%
3 600583
49,226,142.51 4.69%
4 600406
42,541,994.72 4.06%
5 600361 G
41,046,892.67 3.91%
6 000900
38,675,715.67 3.69%
7 000538
38,474,966.53 3.67%
8 600628
35,844,055.44 3.42%
9 600787
34,999,286.76 3.34%
10 600033
34,544,571.93 3.29%
11 600761 G
33,398,251.51 3.18%
12 600008
31,861,699.16 3.04%
13 000792
30,330,569.18 2.89%
14 600348 G 28,836,327.22 2.75%
15 600521 G
28,293,875.21 2.70%
16 600276
27,813,016.43 2.65%
17 600125
26,903,975.32 2.57%
18 600900 G
24,911,605.71 2.38%
19 600811
23,946,114.10 2.28%
20 600009
22,021,114.99 2.10%
21 600085 G
21,813,169.49 2.08%
2 20
1 600428 G
20,035,183.07 1.91%
2 600005 G
17,967,889.51 1.71%
24
3 600348 G 15,637,961.55 1.49%
4 600361 G
15,294,690.22 1.46%
5 600096
13,506,751.64 1.29%
6 600037
12,809,406.22 1.22%
7 000792
12,695,148.03 1.21%
8 600008
11,717,417.14 1.12%
9 600717 G
10,016,115.77 0.95%
10 000630 G
9,125,554.39 0.87%
11 600963 G
6,770,247.68 0.65%
12 000888
6,281,588.31 0.60%
13 600085 G
5,515,369.49 0.53%
14 600216
4,810,436.81 0.46%
15 600059
4,767,398.08 0.45%
16 600642 G
4,655,247.66 0.44%
17 600754
4,492,353.24 0.43%
18 600628
4,212,544.26 0.40%
19 000739
3,840,972.25 0.37%
20 000900
3,697,438.10 0.35%
1,102,706,194.60 1,445,481.13
1
6,000,000.00 100.00%
6,000,000.00 100.00%
1 05 6,000,000.00 0.57%
25
1
2
3
420,035.35
46,393.70
266,060.13
44,200,000.00
44,932,489.18
4
5.
( )
1 580001 JTB1
1,250,000.00 0.00 0.00
2 580999 JTP1
1,250,000.00 0.00 0.00
8,684
121,386.57
1,054,120,932.79 100%
591,563,981.99 56.12%
462,556,950.80 43.88%
26
2005 10 14 Mr.
Dennis Ziengs 2005
2005 4 21
58,500
1
1 440,832,070.8033.49% - -
2
1 316,052,022.6124.01% - -
419,612,160.22
419,612,160.22
850,013,364.34
215,504,591.77
1,054,120,932.79 27
3
1 475,371,053.1336.11% - -
4
1 84,217,734.456.40% - -
1,316,472,880.99100.00% - -
1 - - 4,207,280.68 100.00%
365,361.65 34.11%
2 - - - -
247,313.84 23.09%
3 44,200,000.00 100.00% - - 389,358.26 36.35%
4 - - - -
69,058.89 6.45%
44,200,000.00 100.00% 4,207,280.68 100.00% 1,071,092.64 100.00%
1
2
<1> 200
<2>
<3>
<1> 2005 6 7
<2> 2005 6 29 7 18 7 30
<3> 2005 7 7
<4> 2005 7 30 2005 7 29
<5> 2005 8 24 28
<6> 2005 9 1
<7> 2005 9 7
<8> 2005 10 28
<9> 2005 11 18
88 37
021-38784858 40088-40099
www.hftfund.com
