Core Viewpoint - The first floating fee rate fund in the market, Dongfanghong Core Value Fund, has completed its fundraising ahead of schedule, reaching the 2 billion yuan cap within just six days of its launch [2][3][5]. Fundraising Details - Dongfanghong Asset Management announced on June 4 that the Dongfanghong Core Value Fund would no longer accept new subscription applications starting June 5, having reached its fundraising limit of 2 billion yuan, originally set to close on June 17 [3][5]. - The fund was launched on May 27, and the rapid completion of its fundraising indicates strong market interest in floating fee rate products [3][5]. Market Response - The early closure of the Dongfanghong Core Value Fund reflects a growing enthusiasm for actively managed products with floating fee rates, particularly as the equity market has recently rebounded [5][6]. - Investors are increasingly favoring funds managed by experienced fund managers with a proven track record, as evidenced by the high success rate of the fund manager Zhou Yun compared to the CSI 300 Index [5]. Industry Context - The floating fee rate reform is part of a broader initiative to enhance the quality of public fund management, as outlined in the "Action Plan for Promoting the High-Quality Development of Public Funds" released by the China Securities Regulatory Commission [6]. - The new fee structure aims to align the interests of fund managers and investors more closely, using performance benchmarks to guide fund operations and avoid style drift [6]. - Dongfanghong Asset Management has committed to exploring models that share risks and rewards with investors, emphasizing a long-term value investment approach [5][6].
刚刚,重磅来了!率先卖光!
Zhong Guo Ji Jin Bao·2025-06-04 13:16