(Yicai Global) July 31 -- China's Bosear Funds, which put the biggest amount of money into Shanghai's new Star Market, has made 2.75 percent in its return on investment during the first week of trading.

Bosear Funds's closed-end fund product with a maturity of three years allocated CNY69.3 million (USD10.1 million), or 6.8 percent of its total worth, into the market that focuses on Chinese tech startups, according to data provider Wind.

Some 18 science and technology funds that have put some money into the Star Market logged a 2.2 percent average ROI during the first week. Eleven of these funds allocated a sum between CNY850,000 (USD123,417) and CNY69.3 million (USD10.1 million) for the new market that aims to make it easier for tech companies to raise funds.

Over the past three months, 43 percent of China's more than 3,200 hybrid funds earned over 2.2 percent in ROI. Nearly one-quarter of them lost value. Six percent of the investment products made over 7.5 percent.

Regarding Chinese stock funds, almost one-half of them lost money during the past three months. Twenty-seven percent of them logged over 2.2 percent in ROI. Three percent generated more than 7.4 percent.

Editor: Emmi Laine