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火爆!一日售罄!
Zhong Guo Ji Jin Bao·2025-08-04 11:37

Core Viewpoint - Morgan Fund's Morgan Yingyuan Stable Three-Month Holding Mixed FOF has successfully completed its fundraising in one day, indicating strong investor interest and market recovery [2][3][5]. Fund Performance and Strategy - The fund adopted a diversified "fixed income +" strategy, focusing on high-quality bond funds to achieve stable long-term returns while also capturing investment opportunities in various global assets [5][7]. - The fund's investment in equity assets is capped at 30% of total assets, allowing for flexible allocation to public REITs, gold funds, QDII funds, and Hong Kong mutual recognition funds, which helps in diversifying overall portfolio risk [5][7]. Market Context - Since the beginning of 2025, the A-share market has shown significant recovery, leading to increased investor sentiment and a gradual rebound in the issuance of equity funds [8][9]. - As of August 4, 2025, a total of 810 new fund products have been established, with a total issuance of 626.85 billion yuan, indicating a growing interest in fund investments [8]. Industry Insights - The strong performance of FOF products is attributed to the recovery of the equity market and the solid customer base provided by the custodian bank, China Merchants Bank, known as the "king of retail" [7][9]. - The overall FOF market is expanding, with 515 FOFs currently in existence, totaling 165.37 billion yuan, reflecting a trend towards multi-asset and multi-market diversification strategies in a low-interest-rate environment [9].