Core Insights - The equity fund issuance market is experiencing a significant rebound, with a notable increase in investor confidence and demand for equity products since the market's substantial recovery in 2024 [1][3] Fund Issuance Trends - In September, 10 equity funds have chosen to end their fundraising early, contributing to a total of 13 funds that have announced early closures this month [2][4] - The new fund issuance market has seen a total of 54 funds established by September 10, with stock and mixed funds accounting for 47 of these, representing nearly 90% of total issuances [4] Fund Performance and Demand - The combined issuance scale of stock and mixed funds since September has reached approximately 35.2 billion, with 15 newly established mixed funds raising a total of 14.02 billion, marking a monthly record for average issuance scale in nearly two years [4] - Specific funds, such as the招商均衡优选混合, achieved a subscription scale exceeding 8 billion on the first day of fundraising, resulting in a final establishment scale of 4.955 billion, the largest for an actively managed equity fund this year [4] Market Environment and Investor Sentiment - The rapid fundraising closures are attributed to a combination of market conditions, investor demand, and proactive adjustments by fund companies [3] - Analysts indicate that the recovery in the domestic equity market has led to a gradual restoration of investor confidence and increased enthusiasm for equity products [3] Investment Strategies - Fund managers recommend a balanced asset allocation strategy, suggesting a "core + satellite" or barbell approach to balance safety and returns [5][6] - The current market environment, characterized by liquidity easing, is expected to favor sectors such as technology and commodities, with potential investment opportunities in cyclical goods and emerging technologies [6][7]
提前结募与“日光基”频现 权益基金发行普遍回暖
Zheng Quan Shi Bao·2025-09-10 22:38