2012
2012
2012 12 31
1
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2012 1 1 12 31
2
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4
010-88423386 010-66105799
qiyan@ncfund.com.cn custody@icbc.com.cn
4008198866 95588
010-88423310 010-66106904
85 1 1
1-1
55
88 A 7-2; 11
C1
96
5
400010 100140
www.ncfund.com.cn
16 2 4
17
-15,756,372.81 -32,196,001.27 50,865,334.53
40,777,691.60 -66,940,116.86 -26,374,503.52
0.0576 -0.0802 -0.0170
6.23% -8.13% -1.77%
6.38% -9.46% -2.14%
-24,535,927.05 -66,887,324.94 5,007,274.37
-0.0362 -0.0909 0.0045
656,205,163.90 669,173,498.92 1,125,736,856.02
0.967 0.909 1.004
-3.29% -9.10% 0.40%
1
2
6
3
3.2.1
6.38% 0.53% 6.33% 0.77% 0.05% -0.24%
3.20% 0.66% 2.35% 0.74% 0.85% -0.08%
6.38% 0.86% 6.36% 0.77% 0.02% 0.09%
-5.75% 1.06% -13.96% 0.83% 8.21% 0.23%
-3.29% 1.15% -10.37% 0.91% 7.08% 0.24%
1 300 60%* 300 +40%*
2
3.2.2
7
3.2.3
8
2009 7 13 2012 12 31
4.1.1
2004 12 9
2012 12 31
4.1.2
9
1
2
4.3.1
2011
10
4.3.2
4 3 5 /
4.3.3
5%
4.4.1 2012 3.17% 2011 3 4 12 2012 6.38% 45/137
4.4.2 2012 12 31 0.967 6.38%
11
6.36%
2013 3 2013 2013
12
4.7.1
4.7.1.1
2/3
4.7.1.2
13
4.7.1.3
/
4.7.1.4
4.7.1.5
14
2012
2012
2012
2013 3 26
[2013]404A0010
15
2012 12 31 2012
(1) (2)
2012 12 31 2012
16 2 4
2013-03-25
16
2012 12 31
2012 12 31
2011 12 31
7.4.7.1 183,680,618.99 56,120,886.05
3,239,279.16 1,282,505.51
540,641.38 555,329.36
400,766,273.05 613,200,998.12
356,366,301.55 529,566,662.12
--
44,399,971.50 83,634,336.00
--
--
90,000,195.00 -
- 3,602,290.66
983,489.09 1,341,438.75
--
40,524.57 25,160.86
--
--
679,251,021.24 676,128,609.31
2012 12 31
2011 12 31
--
--
--
--
18,674,967.66 3,852,268.04
968,385.34 345,937.29
802,501.92 872,537.20
133,750.32 145,422.89
17
--
1,394,239.11 967,634.87
--
--
--
--
1,072,012.99 771,310.10
23,045,857.34 6,955,110.39
678,613,108.48 736,060,823.86
-22,407,944.58 -66,887,324.94
656,205,163.90 669,173,498.92
679,251,021.24 676,128,609.31
2012 12 31 0.967 678,613,108.48
2012 1 1 2012 12 31
2012 1 1 2012 12
31
2011 1 1 2011 12
31
57,968,042.68 -46,157,954.97
6,478,002.81 7,838,399.80
1,257,651.99 620,604.90
4,532,841.68 7,149,739.36
--
687,509.14 68,055.54
--
-5,070,107.51 -19,589,992.57
-11,294,020.96 -24,972,930.08
--
650,698.15 308,430.03
--
--
5,573,215.30 5,074,507.48
18
56,534,064.41 -34,744,115.59
--
26,082.97 337,753.39
17,190,351.08 20,782,161.89
9,827,142.62 12,414,242.94
1,637,857.07 2,069,040.47
--
5,320,093.97 5,890,548.93
--
--
405,257.42 408,329.55
40,777,691.60 -66,940,116.86
--
40,777,691.60 -66,940,116.86
2012 1 1 2012 12 31
2012 1 1 2012 12 31
736,060,823.86 -66,887,324.94 669,173,498.92
- 40,777,691.60 40,777,691.60
-57,447,715.38 3,701,688.76 -53,746,026.62
18,490,645.06 -1,617,124.83 16,873,520.23
-75,938,360.44 5,318,813.59 -70,619,546.85
-- -
678,613,108.48 -22,407,944.58 656,205,163.90
2011 1 1 2011 12 31
19
1,120,729,581.65 5,007,274.37 1,125,736,856.02
- -66,940,116.86 -66,940,116.86
-384,668,757.79 -4,954,482.45 -389,623,240.24
34,771,614.78 -74,364.93 34,697,249.85
-419,440,372.57 -4,880,117.52 -424,320,490.09
-- -
736,060,823.86 -66,887,324.94 669,173,498.92
7.1 7.4
7.4.1
( ) [2009]384 , 2009 6 2 7 8 3,132,175,900.10 , 531,078.20 [2009] 2453 2009 7 13
, 30% 80% 80% 20%-70% 5% 0% 3%
2013 3 23
20
7.4.2
2006 2 15 ( ) 2007 5 15
7.4.3
7.4.4
7.4.4.1
1 1 12 31
7.4.4.2
7.4.4.3
7.4.4.4
1
1
a
21
/( )
b
( )
7.4.4.4 1 1 c
/( ) /( )
c
/( )
2
3
2
22
7.4.4.5
1
1
2 0.25
3 0.25 ,
2
1
23
2
3
4
7.4.4.6
24
7.4.4.7
7.4.4.8
/( ) /( )
7.4.4.9 /( )
/( )
/( )
/( )
7.4.4.10
1.5%
0.25%
25
7.4.4.11
1 12 20% 3
2
3
4
5
7.4.4.12
7.4.4.13
7.4.5
7.4.5.1
7.4.5.2
7.4.5.3
7.4.6
[2002]128 [2004]78 [2005]11 ( ) [2005]102 [2005]103
[2005]107 2008 4 24
1
2
26
3 20% 50%
4 2008 4 24 0.3% 2008 4 24 0.1% 2008 9 19 A B 0.1% 0.1%
5
7.4.7
7.4.7.1
2012 12 31
2011 12 31 183,680,618.99 56,120,886.05
--
--
183,680,618.99 56,120,886.05
7.4.7.2
333,331,592.21 356,366,301.55 23,034,709.34
43,271,000.00 44,399,971.50 1,128,971.50
---
43,271,000.00 44,399,971.50 1,128,971.50
---
---
---
376,602,592.21 400,766,273.05 24,163,680.84
27
2011 12 31
562,300,381.69 529,566,662.12 -32,733,719.57
63,271,000.00 63,798,336.00 527,336.00
20,000,000.00 19,836,000.00 -164,000.00
83,271,000.00 83,634,336.00 363,336.00
---
---
---
645,571,381.69 613,200,998.12 -32,370,383.57
7.4.7.3
7.4.7.3.1
2012 12 31
40,000,000.00 -
50,000,195.00 -
90,000,195.00 -
2011 12 31
--
--
--
7.4.7.4
2012 12 31
2011 12 31
50,462.21 12,679.04
- -
- -
1,457.70 577.20
820,756.50 1,328,182.51
110,812.68 -
- -
- -
983,489.09 1,341,438.75
7.4.7.5
28
2012 12 31
2011 12 31 1,392,888.71 967,634.87
1,350.40 -
1,394,239.11 967,634.87
7.4.7.6
2012 12 31
2011 12 31
250,000.00 250,000.00
644.47 328.58
821,368.52 520,981.52
1,072,012.99 771,310.10
7.4.7.7
2012 1 1 2012 12 31
736,060,823.86 736,060,823.86
18,490,645.06 18,490,645.06
-75,938,360.44 -75,938,360.44
678,613,108.48 678,613,108.48
7.4.7.8
-10,592,144.46 -56,295,180.48 -66,887,324.94
-15,756,372.81 56,534,064.41 40,777,691.60
1,812,590.22 1,889,098.54 3,701,688.76
-519,469.86 -1,097,654.97 -1,617,124.83
2,332,060.08 2,986,753.51 5,318,813.59
---
-24,535,927.05 2,127,982.47 -22,407,944.58
7.4.7.9
2012 1 1 2012 12 31
2011 1 1 2011 12 31
29
1,228,533.45 594,435.72
--
--
29,118.54 26,169.18
--
1,257,651.99 620,604.90
7.4.7.10
2012 1 1 2012 12 31
2011 1 1 2011 12 31 1,851,847,080.44 2,020,052,611.97
1,863,141,101.40 2,045,025,542.05
-11,294,020.96 -24,972,930.08
7.4.7.11
2012 1 1 2012 12 31
2011 1 1 2011 12 31
42,929,976.84 37,598,780.85
40,000,000.00 36,729,000.00
2,279,278.69 561,350.82
650,698.15 308,430.03
7.4.7.12
2012 1 1 2012 12 31
2011 1 1 2011 12 31
5,573,215.30 5,074,507.48
--
5,573,215.30 5,074,507.48
7.4.7.13
2012 1 1 2012 12 31
2011 1 1 2011 12 31
56,534,064.41 -34,744,115.59
30
55,768,428.91 -30,069,451.59
765,635.50 -4,674,664.00
--
--
--
--
--
56,534,064.41 -34,744,115.59
7.4.7.14
2012 1 1 2012 12 31
2011 1 1 2011 12 31 25,928.45 337,662.82
154.52 81.77
- -
- 8.80
26,082.97 337,753.39
7.4.7.15
2012 1 1 2012 12 31
2011 1 1 2011 12 31
5,319,893.97 5,890,548.93
200.00 -
5,320,093.97 5,890,548.93
7.4.7.16
2012 1 1 2012 12 31
2011 1 1 2011 12 31
80,000.00 80,000.00
300,387.00 299,613.00
18,150.00 18,000.00
6,720.42 10,716.55
--
405,257.42 408,329.55
7.4.8
7.4.8.1
2012 12 31
7.4.8.2
31
2013 1 18
7.4.9
2012
7.4.10
7.4.10.1
7.4.10.1.1
7.4.10.1.2
7.4.10.1.3
7.4.10.1.4
7.4.10.2
7.4.10.2.1
2012 1 1 2012 12 31
2011 1 1 2011 12 31
9,827,142.62 12,414,242.94
3,480,199.52 6,454,363.13
1 1.5% , ,
: = 1.5%/
2 ,
32
7.4.10.2.2
2012 1 1 2012 12 31
2011 1 1 2011 12 31
1,637,857.07 2,069,040.47
0.25%
: = 0.25%/
7.4.10.3 ( )
( )
7.4.10.4
7.4.10.4.1
7.4.10.4.2
7.4.10.5
2012 1 1 2012 12 31
2011 1 1 2011 12 31 7.4.10.6
7.4.11
7.4.12 2012 12 31
7.4.12.1 /
/
7.4.12.2
33
- 741,166 7,917,224.27 8,264,000.90
- 204,160 3,086,634.44 1,874,188.80
31.50 58,500 1,321,141.58 1,699,425.00 -
7.4.12.3
7.4.12.3.1
7.4.12.3.2
7.4.13
7.4.13.1
7.4.13.2
34
10% 10%
7.4.13.2.2
2012 12 31
2011 12 31
- 33,803,336.00
44,399,971.50 49,831,000.00
--
44,399,971.50 83,634,336.00
7.4.13.3
7.4.13.4
7.4.13.4.1
35
7.4.13.4.1.1
6
3
-1
6 -1
1 1-5 5
- - - - -
183,680,6
18.99
- -
- 183,680,6
18.99
- - - - -
3,239,279
.16
- -
- 3,239,279
.16
- - - - - - - -
540,641.3
8
540,641.3
8
- - - - -
44,399,97
1.50
- -
356,366,3
01.55
400,766,2
73.05
- - - - -
90,000,19
5.00
- -
- 90,000,19
5.00
- - - - - - - -
-
-
- - - - - - - -
983,489.0
9
983,489.0
9
- - - - - - - -
40,524.57
40,524.57
- - - - - - - - - -
- - - - -
321,320,0
64.65
- -
357,930,9
56.59
679,251,0
21.24
- - - - - - - -
18,674,96
7.66
18,674,96
7.66
- - - - - - - -
968,385.3
4
968,385.3
4
- - - - - - - - 802,501.9802,501.9
36
2 2
- - - - - - - -
133,750.3
2
133,750.3
2
- - - - - - - -
1,394,239
.11
1,394,239
.11
- - - - - - - -
1,072,012
.99
1,072,012
.99
- - - - - - - -
23,045,85
7.34
23,045,85
7.34
- - - - -
321,320,0
64.65
- -
334,885,0
99.25
656,205,1
63.90
1
1-3
6
3 -1
6 -1
1 1-5 5
- - - - -
56,120,88
6.05
- -
- 56,120,88
6.05
- - - - -
1,282,505
.51
- -
- 1,282,505
.51
- - - - - - - -
555,329.3
6
555,329.3
6
- - - - -
83,634,33
6.00
- -
529,566,6
62.12
613,200,9
98.12
- - - - - - - -
3,602,290
.66
3,602,290
.66
- - - - - - - -
1,341,438
.75
1,341,438
.75
- - - - - - - -
25,160.86
25,160.86
- - - - -
141,037,7
27.56
- -
535,090,8
81.75
676,128,6
09.31
- - - - - - - -
3,852,268
.04
3,852,268
.04
37
- - - - - - - -
345,937.2
9
345,937.2
9
- - - - - - - -
872,537.2
0
872,537.2
0
- - - - - - - -
145,422.8
9
145,422.8
9
- - - - - - - -
967,634.8
7
967,634.8
7
- - - - - - - -
771,310.1
0
771,310.1
0
- - - - - - - -
6,955,110
.39
6,955,110
.39
- - - - -
141,037,7
27.56
- -
528,135,7
71.36
669,173,4
98.92
7.4.13.4.1.2
2012 12 31
2011 12 31 246,139.88 -340,246.04
-244,796.20 344,305.92
XRisk suite
7.4.13.4.2
7.4.13.4.3
2012 12 31
38
7.4.13.4.3.1
2012 12 31
2011 12 31 356,366,301.55 54.31 529,566,662.12 79.14
44,399,971.50 6.77 83,634,336.00 12.50
-- - -
-- - -
400,766,273.05 61.07 613,200,998.12 91.64
30% 80% 80% 20% 70% 5% 0% 3%
7.4.13.4.3.2
2012 12 31 2011 12 31
1. 300 60% 40%
2. XRisk suite
39
1 356,366,301.55 52.46
356,366,301.55 52.46
2 44,399,971.50 6.54
44,399,971.50 6.54
--
3 --
4 90,000,195.00 13.25
--
5 186,919,898.15 27.52
6 1,564,655.04 0.23
7 679,251,021.24 100.00
A 14,934,044.25 2.28
B 87,749,344.79 13.37
C 91,632,103.84 13.96
C0 5,636,290.68 0.86
C1 2,292,000.00 0.35
C2 - -
C3 - -
C4 51,745,677.46 7.89
C5 - -
C6 - -
C7 31,825,295.70 4.85
C8 132,840.00 0.02
C99 - -
D 23,717,800.88 3.61
E 10,820,996.96 1.65
F 3,053,555.46 0.47
40
G 26,258,350.72 4.00
H 9,833,808.50 1.50
I 44,935,074.34 6.85
J 37,170,335.60 5.66
K 6,098,604.67 0.93
L - -
M 162,281.54 0.02
356,366,301.55 54.31
1 7,429,929.00 51,415,108.68 7.84
2 2,493,558.00 29,798,018.10 4.54
3 3,934,660.00 27,621,313.20 4.21
4 1,500,000.00 24,030,000.00 3.66
5 2,743,911.00 22,170,800.88 3.38
6 800,000.00 16,280,000.00 2.48
7 1,118,655.00 14,934,044.25 2.28
8 1,107,046.00 14,469,091.22 2.20
9 1,955,000.00 12,824,800.00 1.95
10 3,505,321.00 12,268,623.50 1.87
11 796,200.00 11,075,142.00 1.69
12 1,420,100.00 8,563,203.00 1.30
13 741,166.00 8,264,000.90 1.26
14 2,030,000.00 7,917,000.00 1.21
15 460,799.00 6,372,850.17 0.97
16 451,770.00 5,927,222.40 0.90
17 411,108.00 5,636,290.68 0.86
18 537,327.00 5,330,283.84 0.81
19 1,150,000.00 5,324,500.00 0.81
20 500,000.00 4,650,000.00 0.71
21 314,423.00 4,493,104.67 0.68
22 500,000.00 4,465,000.00 0.68
23 324,304.00 4,455,936.96 0.68
24 609,556.00 4,151,076.36 0.63
25 316,500.00 3,538,470.00 0.54
26 248,505.00 3,503,920.50 0.53
41
27 242,327.00 3,499,201.88 0.53
28 300,000.00 2,820,000.00 0.43
29 100,000.00 2,648,000.00 0.40
30 300,000.00 2,292,000.00 0.35
31 300,000.00 2,136,000.00 0.33
32 250,000.00 2,125,000.00 0.32
33 204,160.00 1,874,188.80 0.29
34 58,500.00 1,699,425.00 0.26
35 350,000.00 1,547,000.00 0.24
36 227,641.00 1,538,853.16 0.23
37 150,000.00 1,488,000.00 0.23
38 250,000.00 1,467,500.00 0.22
39 409,530.00 1,437,450.30 0.22
40 34,702.00 1,223,939.54 0.19
41 100,000.00 1,217,000.00 0.19
42 75,000.00 1,161,000.00 0.18
43 150,000.00 1,152,000.00 0.18
44 150,000.00 1,125,000.00 0.17
45 51,566.00 1,061,743.94 0.16
46 12,000.00 611,880.00 0.09
47 16,514.00 544,962.00 0.08
48 50,000.00 480,500.00 0.07
49 25,766.00 433,899.44 0.07
50 20,000.00 279,800.00 0.04
51 29,188.00 255,978.76 0.04
52 32,327.00 162,281.54 0.02
53 3,000.00 135,870.00 0.02
54 4,100.00 132,840.00 0.02
55 8,000.00 93,200.00 0.01
56 6,200.00 77,252.00 0.01
57 5,000.00 77,000.00 0.01
58 5,000.00 70,500.00 0.01
59 908.00 17,215.68 0.00
60 2.00 18.20 0.00
8.4.1 2% 20
42
1 74,984,295.96 11.21
2 64,202,475.80 9.59
3 56,049,048.32 8.38
4 50,198,267.01 7.50
5 42,542,799.54 6.36
6 31,779,226.33 4.75
7 26,013,863.38 3.89
8 25,964,653.19 3.88
9 24,737,706.51 3.70
10 24,097,518.13 3.60
11 23,948,160.49 3.58
12 23,823,159.79 3.56
13 22,204,729.65 3.32
14 20,583,146.27 3.08
15 19,787,911.55 2.96
16 19,421,221.23 2.90
17 18,226,930.13 2.72
18 18,196,126.04 2.72
19 17,607,356.14 2.63
20 17,468,090.50 2.61
21 16,295,509.12 2.44
22 16,043,011.39 2.40
23 15,865,103.90 2.37
24 15,809,493.00 2.36
25 15,802,737.48 2.36
26 15,784,980.04 2.36
27 15,705,000.00 2.35
28 15,441,578.57 2.31
29 14,864,815.85 2.22
30 14,714,496.79 2.20
31 14,380,563.37 2.15
32 14,358,222.50 2.15
33 13,939,858.38 2.08
34 13,748,455.02 2.05
35 13,715,260.53 2.05
8.4.2 2% 20
43
1 55,061,907.26 8.23
2 54,603,903.01 8.16
3 52,122,004.57 7.79
4 48,668,455.40 7.27
5 47,722,935.55 7.13
6 43,291,091.53 6.47
7 40,105,526.10 5.99
8 33,316,539.74 4.98
9 32,111,182.35 4.80
10 31,223,065.08 4.67
11 29,986,037.49 4.48
12 29,671,010.92 4.43
13 28,300,961.61 4.23
14 26,812,874.77 4.01
15 25,436,860.41 3.80
16 24,764,535.00 3.70
17 24,244,664.14 3.62
18 23,901,942.86 3.57
19 23,773,779.07 3.55
20 23,677,471.31 3.54
21 21,785,415.34 3.26
22 21,419,678.26 3.20
23 21,232,707.89 3.17
24 21,110,501.32 3.15
25 20,853,133.41 3.12
26 20,784,199.87 3.11
27 20,090,623.05 3.00
28 18,665,174.24 2.79
29 16,975,330.33 2.54
30 16,552,466.02 2.47
31 15,911,530.81 2.38
32 15,660,318.06 2.34
33 15,420,078.77 2.30
34 15,348,390.88 2.29
35 15,217,442.00 2.27
36 14,881,247.06 2.22
37 14,293,769.64 2.14
38 14,130,553.70 2.11
39 13,947,991.99 2.08
40 13,526,250.91 2.02
44
41 13,524,395.09 2.02
8.4.3
1,634,172,311.92
1,851,847,080.44
1 - -
2 - -
3 - -
- -
4 44,399,971.50 6.77
5 - -
6 - -
7 - -
8 - -
9 44,399,971.50 6.77
1 332,710 33,819,971.50 5.15
2 100,000 10,580,000.00 1.61
45
8.9.1 ,
8.9.2
8.9.3
1 540,641.38
2 -
3 -
4 983,489.09
5 40,524.57
6 -
7 -
8 -
9 1,564,655.04
8.9.4
8.9.5
8.9.6
12,640 53,687.75 5,171,670.72 0.76%673,441,437.76 99.24%
46
518,603.90 0.08%
0-10
0
3,132,175,900.10
736,060,823.86
18,490,645.06
75,938,360.44
-
678,613,108.48
2013 1 18
47
80000 1 2009 2012 4
11.7
11.7.1
1 648,132,660.85 18.59% 562,985.04 19.13% 1 543,443,680.67 15.59% 471,010.52 16.00% 1 513,638,685.91 14.73% 364,889.95 12.40% 1 427,742,375.28 12.27% 361,335.64 12.28% 1 421,670,234.40 12.10% 374,242.59 12.72% 1 293,711,587.16 8.43% 249,028.42 8.46% 1 241,489,784.87 6.93% 219,406.50 7.46% 1 144,812,106.27 4.15% 125,384.44 4.26% 1 96,667,649.62 2.77% 83,139.01 2.83% 1 94,809,384.18 2.72% 80,587.10 2.74% 1 59,901,243.15 1.72% 50,916.71 1.73% [1998]29 [2007]48 11
1
2
48
3
1
2
1
2
3
11.7.2
- - 680,000,000.0037.23% - - - -
- - - - - - - -
- - 531,600,000.0029.10% - - - -
- - - - - - - -
- - 205,000,000.0011.22% - - - -
- - - - - - - -
- - 410,000,000.0022.45% - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
49
50
51
52
