At the recent Ninth China "Golden Fund" Awards sponsored by the Shanghai Securities News, ICBC Credit Suisse Core Value Stock Fund, a fund under ICBC Credit Suisse, has been named "Three-Year Golden Fund - Dividend Fund", in recognition of the fund's highest dividend percentage in the market during 2009-2011.

The Golden Fund Award, one of the prestigious award program under the approval of Securities Association of China, is sponsored by Shanghai Securities News and co-sponsored by three fund rating agencies - Galaxy Securities, Morningstar and Shanghai Securities. A total of 17 awards were included in the "Golden Fund - Product Awards". Besides excellent performance, winning funds were measured by different metrics: due performance on the fund deeds, clear investment philosophy, stable investment style different from others, continuous NAV growth and good risk control. "Golden Fund - Product Awards" encourage different fund types and focus more on the funds with lower turnover rate and fee rate, under same performance.

ICBC Credit Suisse Core Value Stock Fund (ICBC Core Value) is the first stock fund launched by ICBC Credit Suisse Asset Management Co. Limited. From 2009 to end of 2011, ICBC Core Value strictly followed the fund deed to offer dividend totaling over RMB 8 billion during the period, with dividend ratio (total dividend in three years/average asset scale in three years) as high as 91%. The strong dividend of ICBC Core Value, being a five-star fund for five years rated by Morningstar, is mainly driven by the good result over the years. According to the statistics of Galaxy Securities, ICBC Core Value grew its NAV at 269.82% since its inception up to end of 2011, with an annualized average NAV growth of 22.92%.