Weekly report on fund market dynamics: the scale of public funds exceeded 30 trillion yuan, and fixed income funds became the main growth force
This report focuses on the fund market dynamics, fund product hot spots, overseas market tracking, fund issuance overview and other contents, and summarizes the hot spots worthy of attention in the fund market in the past week for investors' reference.
Fund market dynamics:
1. The scale of public funds exceeded 30 trillion yuan, and fixed income funds became the main growth force.
2. The issuance of active equity funds slowed down and the market increased in the second quarter.
3. The market recovery promoted the hot sale of funds, and the purchase of high performance and sub new funds was frequently restricted.
4. The fund industry ushered in comprehensive self-examination, and the regulatory frequency and coverage were improved.
5. The number of new ST stocks of A-share has soared, and the fund company is facing the challenge of demining.
6. Private placement increased self purchase efforts and actively valued Chinese assets.
7. Private equity institutions are frequently cancelled, and the industry is moving towards high-quality development.
8. The establishment of the fund company was approved, and there was no new increase this week.
9. This week, the materials for completing the application for QDII business qualification of Pengyang Fund were supplemented and corrected.
10. The fund company has approved the establishment of subsidiaries, and there is no new one this week.
Hot spots of fund products:
1. Sponsored funds are issued intensively, and low threshold facilitates rapid layout.
2. The rate reform has shown initial results, and the performance of floating rate funds is outstanding.
3. The number of dividend strategy fund declarations has soared, and the high dividend style is favored by the market.
4. The warming of the stock market triggered the "relocation" of basic people, and some debt foundations were faced with liquidation risk.
5. The bond base has resumed large-scale purchase, releasing multiple positive signals.
6. The dividend of public funds during the year was nearly 60 billion, with bond funds as the main force.
7. Ultra long term special treasury bonds were listed, and public funds were actively allocated.
8. The total scale of bond ETF has exceeded 100 billion, and the market recognition has significantly improved.
9. ETF market is experiencing large-scale redemption, and insiders call for calm layout.
10. During the year, the floating profit ratio of public offering FOF exceeded 80%, and the allocation of major assets became an advantage.
11. The premium of QDII funds has eased, and investment enthusiasm has become rational.
Overseas market tracking:
1. ETFs tend to be tactical "satellite" assets, attracting more than 78 billion dollars of active cash.
2. London Stock Exchange welcomes encrypted ETPs for the first time, only for professional investors.
3. The SEC approved the listing of Ethereum ETF, and the market reaction was enthusiastic. The Ethereum soared.
Overview of Fund Issuance:
1. Newly established funds: A total of 23 funds were announced to be established this week. The number of newly established funds and the size of raised funds in Zhoudu are at the quantile level of 59.62% (62/104) and 77.88% (81/104) respectively in recent two years, and the market issuance heat is at a low level.
2. Fund raising ended: there were 21 funds raising ended this week.
3. Newly issued funds: 25 funds were newly issued this week. As of this Friday, a total of 89 funds were in the issuance period, and 32 funds had announced that they would start raising.
4. Newly declared funds: 29 products were reported to the CSRC this week and application materials have been received.
Risk tip: the report is only for investment reference and does not constitute a guarantee or investment advice of investment income; Some materials are collected from public news reports, and the information may be inaccurate.
