amp china growth fund trading at a huge discount to it's net...

amp china growth fund trading at a huge discount to

it's net tangible assets. Even though the shanghai

market has been volatile, agf isn't buying into

speculative stocks and just sticking with those that

have earnings history and able to take advantage of

China's growing middle-class.

I would watch for it to breakout at the $1.70

barrier and then have a good run, in the lead up to

a distribution announcement in the next week.