基金早班车丨指数新高带动资金潮，增量资金入市活跃

Trading Insights - The A-share market indices have reached a ten-year high, with financing balances and private equity scales increasing simultaneously, indicating a significant influx of new capital into the market. Stock ETFs have emerged as the preferred investment channel, with over 500 billion yuan in net subscriptions for ETFs in the past week, of which stock ETFs accounted for 230 billion yuan. The stock ETF market is expected to expand to 8 trillion yuan over the next five years [1][2] - As of August 22, the Shanghai Composite Index has surpassed 3,800 points for the first time in ten years, closing at 3,825.76 points, with a daily increase of 1.45%. The Shenzhen Component Index rose by 2.07%, and the ChiNext Index increased by 3.36%. The total trading volume in the Shanghai and Shenzhen markets reached 25,467.1 billion yuan, marking the eighth consecutive trading day with volumes exceeding 20 trillion yuan, setting a historical record [1][2] Fund News - On August 22, two new funds were launched, primarily stock funds, with the BoShi ChiNext 50 Index A fund having an undisclosed fundraising target. A total of 46 funds distributed dividends, with the highest dividend payout from the JiaoYin ShiRui Double Benefit Bond Fund, distributing 0.92 yuan per 10 fund shares [2] - The public fund of funds (FOF) has seen a significant recovery, with an average return exceeding 9% this year, the best performance in five years. Industry experts predict a structurally strong stock market over the next three years, while the bond market may experience high volatility, prompting FOFs to increase equity allocations to enhance portfolio returns [2] - The scale of equity ETFs has surged, surpassing 4.11 trillion yuan, a historical high, with nearly 800 billion yuan added this year. This growth is attributed to policy guidance, market maturity, and product innovation, with expectations for further strategy enrichment and product iteration to enhance competitiveness [2] Fund Performance - The top-performing fund on August 22 was the FuGuo Shanghai Stock Exchange Sci-Tech Innovation Board Chip ETF, with a daily growth rate of 10.0663%. Other notable performers included the NanFang and HuiTianFu Sci-Tech Innovation Board Chip ETFs, with growth rates of 10.0416% and 10.0211%, respectively [5][6] - In the stock fund category, the top performer was the HuaBao Shanghai Stock Exchange Sci-Tech Innovation Board Chip Index A, with a daily growth rate of 9.2495%. The leading bond fund was the HuaXia Convertible Bond Enhanced Bond A, with a growth rate of 3.3308% [5][6] - The top five funds across various categories, excluding leveraged and fixed-income funds, showed significant daily growth rates, indicating a robust performance across the board [5][6]