公募市场再迎ETF-FOF新品 年内多家机构排队上报

Core Viewpoint - The launch of the new ETF-FOF product by China Europe Fund marks a significant development in the rapidly growing ETF market, which has surpassed 4 trillion yuan in scale this year, indicating a strong demand for innovative investment products [1][6]. Group 1: Product Details - The newly issued China Europe Active Multi-Asset Allocation 3-Month Holding Mixed Fund (ETF-FOF) officially launched on May 13, with a subscription period ending on May 30, 2025, and a minimum total subscription amount of 200 million units [2]. - The product allocates over 80% of its assets to publicly offered funds approved by the China Securities Regulatory Commission, with at least 80% of non-cash fund assets invested in ETFs [2]. - ETF-FOF serves as an innovative asset allocation tool, primarily investing in various types of ETFs to achieve diversified exposure across assets, industries, and regions [2]. Group 2: Market Trends - The rapid development of ETF-FOF products is attributed to the maturity of the ETF market, which now includes a wide range of products across different risk levels, providing ample investment opportunities [4]. - Multiple public funds have reported ETF-FOF products this year, reflecting a growing recognition and optimism towards ETF and FOF investments [4][3]. - As of May 13, there are 28 FOF-LOF products in the market, with several ETF-FOF products already approved by the China Securities Regulatory Commission [5][6]. Group 3: Performance and Future Outlook - The performance of existing FOF-LOF products has been promising, with the highest annual return of 6.97% recorded by the ICBC Smart Progress One-Year Stock Type FOF as of May 12 [6]. - The top three holdings of public FOFs as of the end of the first quarter of 2025 were all ETFs, indicating a strong preference for ETF investments among fund managers [6]. - Industry experts predict that more ETF-FOF products will emerge in the future, driven by the evolving market landscape and diverse investor needs [6].