Zhong Guo Ji Jin Bao·2025-10-23 12:08Core Insights - The newly launched Huatai-PB Yingtai Stable 3-Month Holding Mixed FOF has raised over 5.5 billion yuan in just one day, marking it as the fifth FOF product to achieve "one-day fundraising" this year [2][3][4]. Fundraising and Market Trends - The fundraising for Huatai-PB Yingtai Stable 3-Month Holding Mixed FOF was completed in one day, with approximately 5.5 billion yuan raised, primarily distributed through China Merchants Bank [3][5]. - The public FOF market has seen a resurgence, with 51 new FOF products launched this year, raising a total of 44.83 billion yuan, surpassing the total for both 2023 and 2024 [8][12]. Investment Strategy and Composition - The fund employs a global asset allocation strategy, aiming to balance returns and risks through a diversified portfolio of low-correlation assets [7]. - The fund's investment in equity assets, including stocks and equity funds, will range from 5% to 30% of total assets, maintaining a low volatility investment style [7]. - The fund manager, Dou Xiaoman, has 10 years of experience in the securities industry and 5 years in investment management [7]. Industry Context - The low interest rate environment has increased investor interest in multi-asset allocation strategies, as traditional bond investments yield lower returns [8][12]. - The TREE Changying Plan by China Merchants Bank is a key driver for the distribution of these FOF products, providing a comprehensive asset allocation solution [8][12].