2010
2010
2010 12 31
1
2011 3 23
2010 1 1 12 31
2
1.2 ...................................................................................................1
..............................................................................................................1
..............................................................................................................4
.......................................................................................................4
.......................................................................................................4
.....................................................................................5
.......................................................................................................5
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......................................................6
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...... 13
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3
.............................................................................................. 43
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........................... 45
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11.7 .............................................................. 46
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4
5
021-38992806 0755-83199084
customer.service@gtja-allianz.com yan_zhang@cmbchina.com
021-38784766/4007000365 95555
021-50151582 0755-83195201
1318 9
7088
1318 9
7088
200121 518040
6
www.gtja-allianz.com www.vip-funds.com
1318 9
1266 49-51
1318 9
-54,599,035.64 336,066,771.68 -624,115,394.78
-59,763,969.17 600,918,573.25 -1,330,611,772.11
-0.0592 0.4723 -0.8531
-5.54% 43.44% -74.70%
-3.84% 56.08% -49.40%
39,999,151.16 280,572,255.63 -276,937,305.79
0.0399 0.2582 -0.1943
1,043,166,690.93 1,367,247,607.14 1,148,067,342.65
1.040 1.258 0.806
31.38% 36.63% -12.46%
7
3.2.1
8.63% 1.84% 4.66% 1.24% 3.97% 0.60%
32.10% 1.58% 15.50% 1.08% 16.60% 0.50%
-3.84% 1.58% -7.46% 1.11% 3.62% 0.47%
-24.06% 1.82% -25.36% 1.63% 1.30% 0.19%
- - - - - -
31.38% 1.85% 28.05% 1.63% 3.33% 0.22%
3.2.2
3.2.3
8
1.810 114,796,322.39 68,849,247.64 183,645,570.03 - - - - 1.000 90,878,689.59 70,247,648.90 161,126,338.49 2.810 205,675,011.98 139,096,896.54 344,771,908.52 2011 3 23 2010 12 31 2011 3 23
4.1.1
9
4.1.2
1
2
4.3.1
2008 3 20
10
4.3.2
12 100 2010 12 31 -3.84% -11.23% 7.39%
4.3.3
4.4.1 2010
4.4.2 -3.84% -7.46%
11
2010 2010
2011 2010
2011 2010 ,
1
12
2
3 /
4
1/2
1
13
182,727,143.46
2
2010 5 11 2010 5 10 10 0.60 2010 5 11 60,928,819.58 37,082,139.68 23,846,679.9
2010 12 15 2010 12 14 10 1.00 2010 12 15 102,102,188.66 65,267,093.39 36,835,095.27
2011 3 23 2010 12 31 10 0.21 2011 3 23 20,614,561.79 12,447,089.32 8,167,472.47
3
14
KPMG-B(2011)AR No.0006
( ) 2010 12 31 2010 ( )
( ) (1) (2) (3)
15
2010 12 31 2010
1266 49-51
2011-03-21
2010 12 31
2010 12 31
2009 12 31
7.4.7.1 62,360,739.83 138,785,552.85
2,720,616.27 3,435,845.45
1,792,545.87 2,164,012.51
7.4.7.2 985,397,515.18 1,250,776,349.21
937,232,188.08 1,213,728,688.71
- -
48,165,327.10 37,047,660.50
- -
7.4.7.3 - -
7.4.7.4 - -
- 13,563,189.80
7.4.7.5 67,251.40 243,116.03
- -
16
84,353.65 52,232.08
- -
7.4.7.6 - 15,844.45
1,052,423,022.20 1,409,036,142.38
2010 12 31
2009 12 31
- -
- -
- -
- -
3,305,211.38 32,991,093.40
1,040,977.66 2,928,899.90
1,335,154.01 1,758,968.01
222,525.65 293,161.34
- -
7.4.7.7 1,451,640.51 2,201,604.91
- -
- -
- -
- -
7.4.7.8 1,900,822.06 1,614,807.68
9,256,331.27 41,788,535.24
7.4.7.9 1,003,167,539.77 1,086,675,351.51
7.4.7.10 39,999,151.16 280,572,255.63
1,043,166,690.93 1,367,247,607.14
1,052,423,022.20 1,409,036,142.38
2010 12 31 1.040 1,003,167,539.77
2010 1 1 2010 12 31
2010 1 1 2010 12
31
2009 1 1 2009 12
31
-30,294,721.78 646,146,407.97
1,048,867.85 2,796,597.22
752,388.36 1,294,367.25
17
281,768.60 1,502,229.97
- -
14,710.89 -
- -
-26,267,781.14 378,410,638.75
-29,519,411.51 363,397,501.17
- -
-2,472,324.00 5,321,295.33
- -
- -
5,723,954.37 9,691,842.25
-5,164,933.53 264,851,801.57
- -
89,125.04 87,370.43
29,469,247.39 45,227,834.72
16,237,923.96 20,650,016.30
2,706,320.64 3,441,669.39
- -
10,100,585.69 20,698,055.69
- -
- -
424,417.10 438,093.34
-59,763,969.17 600,918,573.25
2010 1 1 2010 12 31
2010 1 1 2010 12 31
1,086,675,351.51 280,572,255.63 1,367,247,607.14
- -59,763,969.17 -59,763,969.17
-83,507,811.74 -17,778,127.06 -101,285,938.80
18
275,377,787.97 29,335,568.70 304,713,356.67
-358,885,599.71 -47,113,695.76 -405,999,295.47
- -163,031,008.24 -163,031,008.24
1,003,167,539.77 39,999,151.16 1,043,166,690.93
2009 1 1 2009 12 31
1,425,004,648.44 -276,937,305.79 1,148,067,342.65
- 600,918,573.25 600,918,573.25
-338,329,296.93 -43,409,011.83 -381,738,308.76
126,439,275.81 21,786,649.16 148,225,924.97
-464,768,572.74 -65,195,660.99 -529,964,233.73
- - -
1,086,675,351.51 280,572,255.63 1,367,247,607.14
7.1 7.4
7.4.1
( ) ( [2006]223 ) 2007 1 24 4,462,883,026.84
19
60%-90% 10%-40% 5% 300 70%+ 30%
7.4.2
2007 7.4.4
7.4.3
( ) 2006 2 15 - 38 ( )
7.4.2
7.4.4
7.4.4.1
1 1 12 31
7.4.4.2
7.4.4.3
( )
20
7.4.4.4
(a)
(i)
/( )
(ii)
( )
7.4.4.4(a)(iii)
/( )
(iii)
( )
/( )
(b)
(c)
21
7.4.4.5
0.25%
0.25%
(a)
(i)
(ii)
(iii)
(iv)
(v)
22
(b)
(i)
(ii)
(iii)
(iv)
(c)
(i)
(ii)
(iii)
/( )
7.4.4.6
7.4.4.7
23
7.4.4.8
/( )
7.4.4.9 /( )
/( )
/( )
/( )
( )
/( )
7.4.4.1 0
1.5%
0.25%
24
7.4.4.11
1 12 90% 3
7.4.5
7.4.5.1
7.4.5.2
7.4.5.3
7.4.6
[1998]55 [2001]61 [2002]128
[2004]78 [2005]102 [2005]103 [2005]107 [2007]84 ( ) [2008]1
(1)
(2)
(3)
25
(4) 20% 2005 6 13 50%
(5) 0.1%
(6) ( )
7.4.7
7.4.7.1
2010 12 31
2009 12 31 62,360,739.83 138,785,552.85
- -
- -
62,360,739.83 138,785,552.85
7.4.7.2
834,337,757.85 937,232,188.08 102,894,430.23
36,290,628.51 48,165,327.10 11,874,698.59
- - -
36,290,628.51 48,165,327.10 11,874,698.59
- - -
- - -
- - -
870,628,386.36 985,397,515.18 114,769,128.82
2009 12 31
1,093,837,233.11 1,213,728,688.71 119,891,455.60
37,005,053.75 37,047,660.50 42,606.75
- - - 37,005,053.75 37,047,660.50 42,606.75
- - -
26
- - -
- - -
1,130,842,286.86 1,250,776,349.21 119,934,062.35
7.4.7.3
2010 (2009 )
7.4.7.4
7.4.7.4.1
2010 2009
7.4.7.4.2
2010 2009
7.4.7.5
2010 12 31
2009 12 31
12,377.43 29,805.33
- -
- -
1,047.53 1,322.75
53,725.73 211,887.85
- -
0.61 -
100.10 100.10
67,251.40 243,116.03
7.4.7.6
2010 12 31
2009 12 31
- 15,844.45
- -
- 15,844.45
2008
7.4.7.7
2010 12 31
2009 12 31
27
1,451,640.51 2,201,604.91
- -
1,451,640.51 2,201,604.91
7.4.7.8
2010 12 31
2009 12 31
1,500,000.00 1,500,000.00
822.06 4,807.68
100,000.00 110,000.00
300,000.00 -
1,900,822.06 1,614,807.68
7.4.7.9
2010 1 1 2010 12 31
1,086,675,351.51 1,086,675,351.51
275,377,787.97 275,377,787.97
-358,885,599.71 -358,885,599.71
1,003,167,539.77 1,003,167,539.77
7.4.7.10
529,209,218.64 -248,636,963.01 280,572,255.63
-54,599,035.64 -5,164,933.53 -59,763,969.17
-27,625,294.69 9,847,167.63 -17,778,127.06
100,658,528.29 -71,322,959.59 29,335,568.70
-128,283,822.98 81,170,127.22 -47,113,695.76
-163,031,008.24 - -163,031,008.24
283,953,880.07 -243,954,728.91 39,999,151.16
7.4.7.11
2010 1 1 2010 12 31
2009 1 1 2009 12 31
28
708,616.70 1,210,441.21
- -
- -
38,338.67 73,096.42
5,432.99 10,829.62
752,388.36 1,294,367.25
7.4.7.12
2010 1 1 2010 12 31
2009 1 1 2009 12 31
3,413,819,434.40 6,832,186,233.23
3,443,338,845.91 6,468,788,732.06
-29,519,411.51 363,397,501.17
7.4.7.13
2010 1 1 2010 12 31
2009 1 1 2009 12 31
158,796,356.67 439,280,022.96
160,533,880.57 424,453,731.70
734,800.10 9,504,995.93
-2,472,324.00 5,321,295.33
7.4.7.14
2009
7.4.7.1 5
2010 1 1 2010 12 31
2009 1 1 2009 12 31
5,723,954.37 9,691,842.25
- -
5,723,954.37 9,691,842.25
7.4.7.1 6
29
2010 1 1 2010 12 31
2009 1 1 2009 12 31
-5,164,933.53 264,851,801.57
-16,997,025.37 269,441,611.12
11,832,091.84 -4,589,809.55
- -
- -
- -
- -
- -
-5,164,933.53 264,851,801.57
7.4.7.1 7
2010 1 1 2010 12 31
2009 1 1 2009 12 31
88,595.99 69,559.39
529.05 1,819.97
- 15,991.07
89,125.04 87,370.43
25%
7.4.7.1 8
2010 1 1 2010 12 31
2009 1 1 2009 12 31
10,100,585.69 20,696,855.69
- 1,200.00
10,100,585.69 20,698,055.69
7.4.7.1 9
2010 1 1 2010 12 31
2009 1 1 2009 12 31
100,000.00 110,000.00
300,000.00 300,000.00
24,417.10 28,093.34
424,417.10 438,093.34
7.4.8
7.4.8.1
30
7.4.8.2
2011 3 23 2011 3 22 10 0.21 20,614,561.79
7.4.9
7.4.10
7.4.10.1
7.4.10.1.1
2010 1 1 2010 12 31
2009 1 1 2009 12 31
1,314,765,720.41 20.01% 1,417,622,862.98 10.50%
7.4.10.1.2
2010 1 1 2010 12 31
2009 1 1 2009 12 31
103,997,301.00 35.11% 20,654,966.20 7.59%
7.4.10.1.3
2010 1 1 2010 12 31
31
2009 1 1 2009 12 31
= ( ) 1 - ( )
= ( ) 1 - ( ) - ( )
7.4.10.2
7.4.10.2.1
2010 1 1 2010 12 31
2009 1 1 2009 12 31
16,237,923.96 20,650,016.30
2,243,963.21 3,055,591.80
1.5%
= 1.5%/
7.4.10.2.2
2010 1 1 2010 12 31
2009 1 1 2009 12 31
2,706,320.64 3,441,669.39
0.25%
32
= 0.25%/
7.4.10.3 ( )
( )
7.4.10.4
7.4.10.4.1
7.4.10.4.2
7.4.10.5
2010 1 1 2010 12 31
2009 1 1 2009 12 31
2010 12 31 2,720,616.27 2009 3,435,845.45
7.4.10.6
7.4.11
0.600 37,082,139.68
23,846,679.9
0
60,928,819.
58
1.000 36,835,095.27
65,267,093.3
9
102,102,18
8.66
0.210 12,447,089.32 8,167,472.47
20,614,561.
79
1.810 86,364,324.27
97,281,245.7
6
183,645,57
0.03
7.4.12 2010 12 31
7.4.12.1 /
33
3 12
7.4.12.2
7.4.12.3
7.4.12.3.1
2010 12 31 0
7.4.12.3.2
2010 12 31 0
7.4.13
7.4.13.1
7.4.13.2
34
10% 10%
7.4.13.2.1
7.4.13.2.2
2010 12 31
2009 12 31
9,451,200.00 16,268,530.30
38,714,127.10 20,779,130.20
- -
48,165,327.10 37,047,660.50
2006 3 29 [2006]95 2006 11 21 AAA AA A BBB BB B CCC CC C
AAA CCC ( ) + -
7.4.13.3
35
7.4.13.4
7.4.13.4.1
7.4.13.4.1.1
3
-1
1-5 5
62,360,739.83 - - - - - 62,360,739.83
2,720,616.27 - - - -
-
2,720,616.27
260,000.00 - - - -
1,532,545.87
1,792,545.87
- - 48,165,327.10 - -
937,232,188.08
985,397,515.18
- - - - -
-
-
- - - - -
-
-
- - - - - 67,251.40 67,251.40
- - - - -
84,353.65
84,353.65
- - - - - - -
65,341,356.10 - 48,165,327.10 - - 938,916,339.00 1,052,423,022.20
- - - - -
3,305,211.38
3,305,211.38
- - - - -
1,040,977.66
1,040,977.66
36
- - - - -
1,335,154.01
1,335,154.01
- - - - -
222,525.65
222,525.65
- - - - -
1,451,640.51
1,451,640.51
- - - - - 1,900,822.06 1,900,822.06
- - - - - 9,256,331.27 9,256,331.27
65,341,356.10 - 48,165,327.10 - -
929,660,007.73
1,043,166,690.93
1 1-3 3 -1 1-5 5
138,785,552.85 - - - - - 138,785,552.85
3,435,845.45 - - - -
-
3,435,845.45
664,012.51 - - - -
1,500,000.00
2,164,012.51
- - 37,047,660.50 - -
1,213,728,688.71
1,250,776,349.21
- - - - -
13,563,189.80
13,563,189.80
- - - - - 243,116.03 243,116.03
- - - - -
52,232.08
52,232.08
- - - - - 15,844.45 15,844.45
142,885,410.81 - 37,047,660.50 - - 1,229,103,071.07 1,409,036,142.38
- - - - -
32,991,093.40
32,991,093.40
- - - - -
2,928,899.90
2,928,899.90
- - - - - 1,758,968.01 1,758,968.01
37
- - - - -
293,161.34
293,161.34
- - - - -
2,201,604.91
2,201,604.91
- - - - - 1,614,807.68 1,614,807.68
- - - - - 41,788,535.24 41,788,535.24
142,885,410.81 - 37,047,660.50 - -
1,187,314,535.83
1,367,247,607.14
7.4.13.4.1.2
2010 12 31
2009 12 31 - -
- -
2010
7.4.13.4.2
7.4.13.4.2.1
2010 12 31
2009 12 31 937,232,188.08 89.84 1,213,728,688.71 88.77
38
48,165,327.10 4.62 37,047,660.50 2.71
- - - -
- - - -
985,397,515.18 94.46 1,250,776,349.21 91.48
7.4.13.4.2.2
2010 12 31 2009 12 31
1 937,232,188.08 89.05
937,232,188.08 89.05
2 48,165,327.10 4.58
48,165,327.10 4.58
- -
3 - -
4 - -
- -
5 65,081,356.10 6.18
6 1,944,150.92 0.18
7 1,052,423,022.20 100.00
A - -
B 118,890,400.00 11.40
C 495,016,901.06 47.45
39
C0 10,500,000.00 1.01
C1 20,703,968.00 1.98
C2 - -
C3 - -
C4 145,330,643.73 13.93
C5 120,689,836.00 11.57
C6 94,798,492.00 9.09
C7 102,993,961.33 9.87
C8 - -
C99 - -
D - -
E - -
F 26,013,000.00 2.49
G 5,940,000.00 0.57
H 106,248,762.48 10.19
I 52,799,329.44 5.06
J 126,519,840.00 12.13
K - -
L - -
M 5,803,955.10 0.56
937,232,188.08 89.84
1 1,830,156 86,731,092.84 8.31
2 1,030,000 86,396,400.00 8.28
3 4,979,993 64,042,709.98 6.14
4 1,300,000 61,204,000.00 5.87
5 6,700,000 55,074,000.00 5.28
6 2,160,000 54,108,000.00 5.19
7 940,159 52,799,329.44 5.06
8 3,929,200 49,900,840.00 4.78
9 1,180,000 43,435,800.00 4.16
10 2,287,325 36,482,833.75 3.50
11 1,100,920 33,137,692.00 3.18
12 1,260,900 26,882,388.00 2.58
13 2,900,000 26,013,000.00 2.49
40
14 1,270,000 23,939,500.00 2.29
15 236,220 22,275,546.00 2.14
16 1,468,472 21,557,168.96 2.07
17 315,000 20,865,600.00 2.00
18 1,772,600 20,703,968.00 1.98
19 647,997 19,517,669.64 1.87
20 900,000 18,225,000.00 1.75
21 900,000 15,165,000.00 1.45
22 1,864,600 13,220,014.00 1.27
23 500,000 12,995,000.00 1.25
24 700,000 12,733,000.00 1.22
25 142,900 12,017,890.00 1.15
26 70,000 10,500,000.00 1.01
27 260,900 10,477,744.00 1.00
28 400,000 6,380,000.00 0.61
29 90,000 5,940,000.00 0.57
30 249,955 5,803,955.10 0.56
31 84,729 5,128,646.37 0.49
32 60,000 3,578,400.00 0.34
8.4.1 2% 20
1 128,081,603.89 9.37
2 98,669,914.24 7.22
3 84,786,699.77 6.20
4 77,327,610.92 5.66
5 72,936,950.80 5.33
6 71,934,638.59 5.26
7 62,950,363.67 4.60
8 60,227,034.42 4.40
9 60,067,537.76 4.39
10 59,215,417.27 4.33
11 54,856,748.20 4.01
12 54,739,230.65 4.00
13 51,303,817.94 3.75
14 50,444,715.05 3.69
41
15 50,336,653.79 3.68
16 49,711,017.38 3.64
17 48,977,507.07 3.58
18 48,007,206.37 3.51
19 47,113,537.84 3.45
20 46,116,146.37 3.37
21 41,584,888.60 3.04
22 41,448,673.35 3.03
23 39,526,091.73 2.89
24 38,834,614.06 2.84
25 38,768,947.96 2.84
26 38,600,923.60 2.82
27 37,348,541.70 2.73
28 37,154,921.44 2.72
29 35,954,590.19 2.63
30 33,440,840.02 2.45
31 32,629,474.43 2.39
32 31,903,222.32 2.33
33 31,369,342.60 2.29
34 31,294,525.70 2.29
35 30,727,710.38 2.25
36 29,677,113.55 2.17
37 29,370,985.67 2.15
38 29,300,433.99 2.14
39 28,434,529.39 2.08
40 28,101,705.97 2.06
41 27,415,738.51 2.01
8.4.2 2% 20
1 125,258,720.67 9.16
2 93,999,771.20 6.88
3 92,166,920.36 6.74
4 88,981,926.56 6.51
5 84,271,928.31 6.16
6 76,581,011.18 5.60
7 75,430,869.33 5.52
8 74,493,341.85 5.45
9 66,523,030.70 4.87
42
10 61,291,542.45 4.48
11 59,822,287.85 4.38
12 55,230,310.09 4.04
13 53,469,132.87 3.91
14 52,615,069.95 3.85
15 52,221,383.26 3.82
16 49,750,726.64 3.64
17 47,892,796.83 3.50
18 47,705,563.37 3.49
19 46,938,895.22 3.43
20 46,918,668.75 3.43
21 46,410,668.02 3.39
22 43,804,165.42 3.20
23 43,778,603.86 3.20
24 43,267,241.54 3.16
25 43,103,144.81 3.15
26 40,139,570.36 2.94
27 38,225,980.10 2.80
28 38,144,884.10 2.79
29 36,805,807.24 2.69
30 36,510,069.26 2.67
31 36,331,852.52 2.66
32 35,436,120.96 2.59
33 33,614,468.85 2.46
34 32,079,303.05 2.35
35 31,847,401.24 2.33
36 30,990,675.51 2.27
37 30,936,034.98 2.26
38 30,649,525.22 2.24
39 30,381,349.91 2.22
40 29,304,482.54 2.14
41 29,195,967.67 2.14
42 28,994,680.69 2.12
43 28,682,528.97 2.10
44 28,287,973.23 2.07
45 27,368,409.86 2.00
8.4.3
3,183,839,370.65
3,413,819,434.40
43
1 - -
2 - -
3 - -
- -
4 - -
5 - -
6 48,165,327.10 4.62
7 - -
8 48,165,327.10 4.62
1 192,082 38,714,127.10 3.71
2 80,000 9,451,200.00 0.91
8.9.1
44
8.9.2
8.9.3
1 1,792,545.87
2 -
3 -
4 67,251.40
5 84,353.65
6 -
7 -
8 -
9 1,944,150.92
8.9.4
8.9.5
20,283 49,458.54 240,442,451.45 23.97% 762,725,088.32 76.03%
574,833.00 0.06%
45
4,462,883,026.84
1,086,675,351.51
275,377,787.97
358,885,599.71
-
1,003,167,539.77
1 2010 2 6
2 2010 2 6 Bernd-Uwe Stucken
10 4
46
11.7
11.7.1
1 1,314,765,720.41 20.01% 1,117,545.71 20.46%
1 135,189,272.44 2.06% 109,842.00 2.01%
1 - - - -
1 524,771,593.49 7.99% 446,054.31 8.17%
1 356,278,764.03 5.42% 302,834.85 5.55%
1 - - - -
1 676,495,363.17 10.29% 549,656.09 10.07%
1 625,213,792.80 9.51% 531,429.58 9.73%
1 226,535,995.05 3.45% 184,061.56 3.37%
1 995,537,550.81 15.15% 808,879.94 14.81%
1 883,338,747.00 13.44% 717,719.73 13.14%
1 411,753,857.45 6.27% 334,551.32 6.13%
1 413,601,356.28 6.29% 351,559.38 6.44%
1 8,085,497.80 0.12% 6,872.93 0.13%
47
1
1
A 3
B
C
D
E
F
2
A
B
C
D
E
F
G
H
2
48
11.7.2
103,997,301.00 35.11% - - - -
- - - - - -
- - - - - -
52,468,215.20 17.71% - - - -
35,810,409.20 12.09% - - - -
- - - - - -
19,513,607.95 6.59% - - - -
11,295,780.70 3.81% - - - -
8,165,953.10 2.76% - - - -
24,817,250.54 8.38% - - - -
21,837,638.67 7.37% - - - -
- - - - - -
18,275,101.80 6.17% - - - -
- - - - - -
49
50
51
52
1
2
3
4
5
6
7
1318 9
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