Core Viewpoint - The article highlights the increasing trend of fund companies in China engaging in self-purchase activities, reflecting confidence in the capital market and aiming to stabilize market expectations during fluctuations [1][3]. Group 1: Fund Company Self-Purchase Activities - On May 6, 2023, China’s Fortune Fund announced a self-purchase of at least 25 million yuan, with the fund manager contributing a minimum of 5 million yuan, indicating strong confidence in the market [1]. - As of May 6, 2023, a total of 103 fund companies have conducted 533 self-purchases this year, with a net subscription amounting to 8.32 billion yuan [1][2]. Group 2: Product Type Distribution - Money market funds are the most favored by fund companies for self-purchase, with a net subscription amount of 4.895 billion yuan, accounting for 58.83% of the total self-purchase amount [2]. - Among equity products, stock funds and mixed funds received net subscriptions of 905 million yuan and 822 million yuan, respectively, together exceeding 20% of the total self-purchase [2]. Group 3: Market Implications and Effects - Self-purchase actions by fund companies are seen as a positive signal for market stabilization and investor confidence, especially during market volatility [3]. - The regulatory environment encourages fund companies to allocate a portion of their annual profits to self-purchase, promoting the normalization of this behavior [3]. - Self-purchases help alleviate fundraising pressures for newly issued funds and stabilize existing fund sizes, while also aligning the interests of fund managers with those of investors [3].
基金公司年内自购“最爱”货基 权益类产品占比超20%
Zheng Quan Ri Bao·2025-05-06 16:17