2005
2006 3 29
2005 ( )
2
,
, 2006 3 13 ,
,
,
2005 ( )
3
4
5
6
9
9
10
21
24
25
27
2005 ( )
4
( )
184688
1998 3 27
1998 3 27 2013 3 27
2,000,000,000.00
1998 4 7
( )
(
4009 7
518048
0755-82912000
0755-82912578
manager@southernfund.com
55
100032
010-66106912
010-66106904
custody@icbc.com.cn
http://www.southernfund.com
5001
2005 ( )
5
4009 7
2005
2004
2003
1. 91,936,884.5186,619,111.39-30,140,825.24
2. 0.0460 0.0433 -0.0151
3. 66,642,461.07-25,294,423.44 8,086,465.17
4. 0.0333 -0.0126 0.0040
5. 2,134,557,865.212,064,910,325.712,224,448,245.33
6. 1.0673 1.0325 1.1122
7. 4.45% 3.90% -1.50%
8. 3.37% -1.67% 19.59%
9. 95.45% 89.09% 85.73%
1
1
2
3 4
1 - 3 2 - 4 3
2.85% 1.34% 2.85% 1.34%
6
7.41% 1.41% 7.41% 1.41%
1
3.37% 2.35% 3.37% 2.35%
3
21.56% 2.12% 21.56% 2.12%
5
-13.06% 2.01% -13.06% 2.01%
95.45% 3.80% 95.45% 3.80%
2
-20.00%
0.00%
20.00%
40.00%
60.00%
80.00%
100.00%
120.00%
140.00%
98-3-28 99-3-28 00-3-28 01-3-28 02-3-28 03-3-28 04-3-28 05-3-28
3
2005 ( )
6
-10.00%
0.00%
10.00%
20.00%
30.00%
2003 2004 2005
10 ( )
2005 ---
2004 0.600
2003 ---
0.600
( )
[1998]4 1 45% 30% 15% 10%
680 4 6
( )
CFA 1975 1997 2000 2000
1977 10 4 2003
2005 ( )
7
2005 A
4-5 5 6
5 A 2005
3 3
2005 ( )
8
A 2006
2005
(1)
2
3
2005 ( )
9
2005
2005
2005
2006 3 13
2005 12 31
( ) (06) PSZ013
( )2005 12 31
2005 12 31
2005 ( )
10
2006 3 13
( )
2005 12 31
15(6)
409,116,949.63
10,595,088.04
1,042,057.55
---
1,598,780.49
1,250,000.00
---
4,772,556.42
4
5,413,538.24
5,908,361.69
1,238,503,280.32
1,559,600,596.31
1,174,381,552.02
1,464,736,924.73
516,347,954.40
652,787,267.96
512,554,278.56
657,446,190.39
---
---
---
---
_______________
_______________
2,172,022,560.63
2,234,913,870.42
_______________
_______________
28,190,808.44
6,930,098.13
15(3)
2,613,966.36
2,647,878.53
15(4)
435,661.04
441,313.11
5
919,758.74
4,644,404.68
---
48,849.42
6
5,204,500.84
4,906,500.84
---
150,000,000.00
7
100,000.00
384,500.00
_______________
_______________
37,464,695.42
170,003,544.71
_______________
_______________
8
2,000,000,000.00
2,000,000,000.00
9
67,915,404.14
90,204,749.15
66,642,461.07
(25,294,423.44)
_______________
_______________
2,134,557,865.21
2,064,910,325.71
_______________
_______________
2005 ( )
11
2,172,022,560.63
2,234,913,870.42
_______________
_______________
1.0673
1.0325
_______________
_______________
2005 12 31
10 35,793,859.46
102,298,441.06
( )
11
346,450.66
(10,710,952.52)
12 41,817,217.03
---
15,464,628.56
13,842,373.68
15(6)
712,121.79
1,501,229.72
36,455,629.88
21,598,424.24
15,900.00
139,232.88
13
12,053.22
364,606.84
_____________
_____________
130,617,860.60
129,033,355.90
15(3) 31,006,832.46
33,387,754.06
15(4)
5,167,805.39
5,564,625.79
2,006,267.45
2,597,497.88
14
500,070.79
864,366.78
60,000.00
60,000.00
300,000.00
300,000.00
100,000.00
100,000.00
_____________
_____________
38,680,976.09
42,414,244.51
_____________
_____________
91,936,884.51
86,619,111.39
(22,289,345.01)
(126,157,031.01)
_____________
_____________
69,647,539.50
(39,537,919.62)
_____________
_____________
_____________
_____________
2005 12 31
2,064,910,325.71
2,224,448,245.33
91,936,884.51
86,619,111.39
(22,289,345.01)
(126,157,031.01)
_______________
_______________
2005 ( )
12
69,647,539.50
(39,537,919.62)
---
(120,000,000.00)
_______________
_______________
2,134,557,865.21
2,064,910,325.71
_______________
_______________
_______________
_______________
2005 12 31
91,936,884.51
86,619,111.39
( )
(25,294,423.44)
8,086,465.17
66,642,461.07
94,705,576.56
---
120,000,000.00
_____________
_____________
66,642,461.07
(25,294,423.44)
_____________
_____________
_____________
_____________
2005 12 31
1
( ) ( ) [1998]6 1998
3 27 15 1998 4 7 2,000,000,000.00 (1998) 04
2000 11 2 , (2000)79 6,000,000
A
80% 20%
2
2005 ( )
13
1 1 12 31
1
2
3
4
5) ( )
6
7
8
9
10
( )
2005 ( )
14
( )
/( )
/( ) /( )
2005 ( )
15
= ×1.50% ÷
= ×0.25% ÷
1)
2 90%
3
4
5
3
[1998]55 [2004]78 [2005]11
( ) [2005]102 [2005]103 [2005]107
2003 2004
1 1
2003 2004 1 1
20% 2005 6 13 50%
2005 1 24 0.2% 2005
1 24 ( ) 0.1% ( )
2005 6 13
2005 ( )
16
4
5,172,937.64
5,236,238.76
154,842.18
662,350.78
85,442.92
9,772.15
271.00
---
44.50
---
___________
___________
5,413,538.24
5,908,361.69
______________________
___________
___________
5
279,649.08
810,634.95
35,483.76
40,067.32
---
265,563.28
84,341.75
---
47,823.06
914,161.54
145,749.31
545,985.28
29,852.07
29,852.07
180,010.43
174,418.00
18,467.07
30,467.07
---
639,783.09
---
407,312.88
---
346,062.39
88,190.48
270,867.73
---
143,502.79
---
15,534.56
10,191.73
10,191.73
__________
___________
919,758.74
4,644,404.68
___________
__________
___________
6
3,250,000.00
1,500,000.00
( )
1,954,500.84
1,906,500.84
____________
____________
5,204,500.84
4,906,500.84
________________________
____________
____________
2005 12 31 20% 1,954,500.84
7
2005 ( )
17
---
300,000.00
100,000.00
80,000.00
---
4,500.00
__________
__________
100,000.00
384,500.00
____________________
__________
__________
8
( )
(%)
( ) 18,118,000
0.9059
18,118,000.00
6,000,000
0.3000
6,000,000.00
6,000,000
0.3000
6,000,000.00
1,969,882,000
98.4941
1,969,882,000.00
___________ _________
_______________
2,000,000,000 100.0000
2,000,000,000.00
_________
____________ __________
____________
9
90,204,749.15
(22,289,345.01)
______________
67,915,404.14
______________
______________
64,121,728.30
94,863,671.58
3,793,675.84
(4,658,922.43)
____________
____________
67,915,404.14
90,204,749.15
________________________
____________
____________
10
2,463,704,708.12
3,837,730,694.59
2,425,841,858.95
3,732,208,218.59
2,068,989.71
3,224,034.94
_______________
_______________
35,793,859.46
102,298,441.06
______________________________
_______________
_______________
11
2005 ( )
18
225,870,858.68
318,110,732.21
223,776,297.35
325,434,241.49
1,748,110.67
3,387,443.24
______________
______________
346,450.66
(10,710,952.52)
____________________________
______________
______________
12
41,817,217.03
---
---
---
______________
______________
41,817,217.03
---
____________________________
______________
______________
13
12,053.22
304,587.16
---
60,000.00
---
19.68
___________
__________
12,053.22
364,606.84
_____________________
___________
__________
14
300,000.00
300,000.00
100,000.00 100,000.00
60,000.00 60,000.00
--- 356,400.00
40,070.79 47,966.78
___________
__________
500,070.79 864,366.78
________
___________
__________
15
(1)
(2)
(a)
2005 ( )
19
(%)
(%)
(%)
801,289,529.98
18.23 145,332,324.47 33.80
735,000,000.00
20.22
_____
________________
________
____________
______
______________
______
(%)
(%)
(%)
1,195,888,985. 52
16.20 107,195,177.03 18.70
1,019,600,000.00
20.51
_____
________________
______
______________
______
______________
______
(b)
%
%
632,330.49
17.96
951,855.15
16.11
______
___________
______
___________
______
, ,
(3)
1.5%
2,647,878.53 2,731,461.55
31,006,832.46 33,387,754.06
(31,040,744.63) (33,471,337.08)
_____________ ____________
2,613,966.36 2,647,878.53
____________
_____________
____________
(4)
0.25%
441,313.11 455,243.56
5,167,805.39 5,564,625.79
(5,173,457.46) (5,578,556.24)
____________
____________
435,661.04 441,313.11
____________
____________
____________
(5)
2005 ( )
20
---
300,000,000.00
---
139,232.88
200,000,000.00 223,050,000.00
47,369.86 67,844.22
(6)
-
40 9, 11 6 ,9 49 .6 3 10,595,088.04
____________
-
---
---
409,116,949.63 10,595,088.04
588,311.79 1,501,229.72
__________
_____________
____________
(7)
( )
(%)
18,118,000
0.90
6,000,000
0.30
6,000,000
0.30
8
(%)
(%)
: 29,852.07
3.25
29,852.07
0.66
---
---
346,062.39
0.64
18,467.07
2.01
30,467.07
7.45
____________
______
____________ ______
48,319.14
5.25
406,381.53
8.75
____________________
____________
______
____________
______
: 500,000.00
9.61
500,000.00
10.19
1,000,000.00
19.21
1,000,000.00
20.38
____________
______
_____________
_____
1,500,000.00
28.82
1,500,000.00
30.57
16.
13,421,316.12
600018
5,300,000.00
600900
8,121,316.12
____________
13,421,316.12
2005 ( )
21
17
( ) ( )
2005 12 31
600036
2005.12.19 2006.1.04
7.23
9,187,776
6.61
60,731,199.36
110036
2005.12.19 2006.1.04
116.83
500,000 106.63 53,315,000.00
_______________
114,046,199.36
_______________
18
(1) 2006 3 10 10000 15000 45% 30% 15 10
(2) 2006 3 16
1,238,503,280.3257.02%
516,347,954.4023.77%
------
410,159,007.18 18.89%
7,012,318.730.32%
A
B
56,280,000.00 2.64%
C
248,009,504.48 11.60%
C0
100,430,736.00 4.70%
C1
C2
C3
C4
29,693,272.00 1.39%
C5
C6
70,325,554.08 3.29%
C7
43,390,800.00 2.03%
2005 ( )
22
C8
4,169,142.40 0.19%
C99
D 223,887,000.00 10.49%
E
F
148,033,832.60 6.94%
G
311,646,104.57 14.60%
H
I
60,731,199.36 2.85%
J
189,915,639.31 8.90%
K
L
M
1,238,503,280.32 58.02%
1 000063 G
6,001,544167,383,062.16 7.84%
2 000002 G 37,254,817165,038,839.31 7.73%
3 600050
51,339,161144,263,042.41 6.76%
4 600900 G
19,000,000132,240,000.00 6.20%
5 600004 G 15,000,000101,700,000.00 4.76%
6 600011
15,300,00091,647,000.00 4.29%
7 000858
9,500,00071,250,000.00 3.34%
8 600019 G
17,194,51270,325,554.08 3.29%
9 600036 G
9,187,77660,731,199.36 2.85%
10 600028
12,000,00056,280,000.00 2.64%
11 600018 G
4,082,27646,333,832.60 2.17%
12 600418 G
10,080,00035,380,800.00 1.66%
13 600600
3,507,30029,180,736.00 1.37%
14 600309
1,752,40025,024,272.00 1.17%
15 600383
3,680,00024,876,800.00 1.17%
16 600592 G
900,0008,010,000.00 0.38%
17 600688
1,150,0004,669,000.00 0.22%
18 002004
605,9804,169,142.40 0.20%
1 2% 20
1 600050
236,216,825.62 11.44%
2 000002 G 189,874,269.12 9.20%
3 600028
175,841,329.29 8.52%
4 600019 G
158,920,376.06 7.70%
5 600900 G
108,321,590.77 5.25%
6 600004 G 104,041,484.51 5.04%
7 000063 G
93,954,264.24 4.55%
8 600036 G
84,749,776.06 4.10%
9 000858
74,577,640.84 3.61%
2005 ( )
23
10 600011
62,280,244.23 3.02%
11 600058
52,396,881.56 2.54%
12 000088
42,568,917.47 2.06%
13 600600
40,309,351.98 1.95%
14 600660
37,464,237.62 1.81%
15 600418 G
36,777,728.61 1.78%
16 000898 G
34,679,544.78 1.68%
17 600886 G
34,166,550.65 1.65%
18 600085 G 33,094,374.08 1.60%
19 600005 G
31,083,535.64 1.51%
20 600018 G
30,315,034.14 1.47%
2 2% 20
1 600028
255,977,809.31 12.40%
2 600050
137,560,227.93 6.66%
3 600019 G
128,923,744.13 6.24%
4 600900 G
96,819,337.91 4.69%
5 600005 G
92,903,527.92 4.50%
6 600009 G 87,009,388.07 4.21%
7 600036 G
86,202,080.24 4.17%
8 000039
82,306,042.56 3.99%
9 000900
66,953,672.12 3.24%
10 600085 G 64,001,377.08 3.10%
11 000002 G 62,708,938.10 3.04%
12 000983 G
60,220,872.65 2.92%
13 600694
56,046,932.27 2.71%
14 000402
53,553,415.86 2.59%
15 000027
50,639,220.98 2.45%
16 600583 G
48,479,844.70 2.35%
17 600058
47,231,085.83 2.29%
18 000063 G
42,240,292.42 2.05%
19 600320
41,292,177.67 2.00%
20 600660
40,643,603.43 1.97%
3 2,148,907,802.36 2,463,704,708.12
266,016,148.2012.47%
180,013,000.008.43%
70,318,806.203.29%
516,347,954.4024.19%
2005 ( )
24
1 22 (14)
216,696,148.20 10.15%
2 04 (09)
180,013,000.00 8.43%
3
53,315,000.00 2.50%
4
49,320,000.00 2.31%
5 2003 17,003,806.20 0.80%
1
2
3
1,598,780.49
5,413,538.24
7,012,318.73
4
1 110036
53,315,000.00 2.50%
2 125822
17,003,806.20 0.80%
5
1 038002 HRP1 24,203,854 --
2 580000 JTB1 1,798,000 --
3 580001 JTB1 1,500,000 --
4 580999 JTP1 1,500,000 --
5 580998 JTP1 7,788,000 --
( )
/
101,563---
19,692.21 ---
851,807,661 42.59%
1,148,192,339 57.41%
( ) 2005 12 31
( )
1. ( )
175,748,107
8.79%
2.
123,022,992
6.15%
3. ( )
118,898,367
5.94%
4.
55,588,766
2.78%
5. ( )
53,713,569
2.69%
2005 ( )
25
6. - -CREDIT SUISSE FIRST
BOSTON(HONG KONG)L
51,452,186
2.57%
7.
21,795,251
1.09%
8.
21,786,145
1.09%
9.
18,118,000
0.91%
10.
17,007,270
0.85%
1
2 2005
1
2005-8
2
2005-6
3
2005-9
3 2005 10 28
1
2005-10-28
2
2005-10-28
3
2005-10-28
4 2005 7
20 ( ) 2005 6 29
5
6
7
8 100,000.00 8
9
10
1
2 ------ --- ---
2 1,101,584,770.9725.06%879,293.94 24.98%
2 61,113,377.991.39%47,823.06 1.36%
2005 ( )
26
1 485,247,322.3711.04%390,851.38 11.10%
2 396,305,868.369.01%321,089.21 9.12%
2 ------ --- ---
2 57,037,885.441.30%45,570.33 1.30%
2 282,209,952.006.42%225,078.07 6.39%
2 315,937,285.947.18%253,604.68 7.21%
1 506,331,026.1211.52%410,124.14 11.65%
2 ------ --- ---
1 --- --- --- ---
2 801,289,529.9818.23%632,330.49 17.96%
1 171,631,463.943.90%137,937.53 3.92%
1 68,727,689.461.56%54,855.91 1.56%
1 148,837,922.303.39%121,337.17 3.45%
1 ------ --- ---
1 ------ --- ---
284,396,254,094.87100.00%3,519,895.91 100.00%
2
------ --- ---
108,869,710.0225.32%235,000,000.00 6.46%
2,928,680.380.68% --- ---
27,215,345.106.33% 700,000,000.00 19.26%
34,336,357.507.99% 195,000,000.00 5.36%
------ --- ---
------ 120,000,000.00 3.30%
31,722,004.007.38% 285,000,000.00 7.84%
22,761,934.905.28% 375,000,000.00 10.32%
53,696,036.1012.49%490,000,000.00 13.48%
------ --- ---
------ --- ---
145,332,324.4733.80%735,000,000.00 20.22%
------ 280,000,000.00 7.70%
2,086,610.200.49% 150,000,000.00 4.13%
1,011,000.000.24% 70,000,000.00 1.93%
------ --- ---
------ --- ---
429,960,002.67100% 3,635,000,000.00 100%
3
A 2 2 1 ( ) 1
B
4
2005 ( )
27
<1998>29
A
a
b ,
c
d ,
B
a
b
c
11 ( )
1
2005-11-08
2
2005-08-26
1 [1998]6
2
3
4
5
400-889-8899
http://www.southernfund.com
