基民短线操作增多绩优基金C份额规模飙升

Core Insights - The surge in C-class shares of high-performing funds indicates a growing preference for short-term trading among investors [1][4][5] - C-class shares have outperformed A-class shares in terms of net subscriptions, highlighting a shift in investor behavior towards more frequent trading [2][3] Fund Performance - Many high-performing funds saw significant growth in their C-class shares, with examples like Yongying Technology Select Fund, which increased from 700 million shares to 3.466 billion shares in Q3, driven largely by C-class subscriptions [2][6] - C-class shares of various funds, including Zhonghang Opportunity Navigator and Debang Xinxing Value C, also experienced substantial net subscriptions exceeding 10 billion shares in Q3 [2][3] Investor Behavior - The increase in C-class shares reflects a trend towards short-term investment strategies, with investors favoring quick entry and exit, as evidenced by over 92 billion shares being purchased and more than 70 billion shares redeemed in Q3 [2][4] - The fee structure of C-class shares, which does not charge a subscription fee and allows for flexible redemption, appeals to younger investors who prefer high-frequency trading [4][5] Distribution Channels - The growth of C-class shares is partly attributed to the preference of online distribution channels, which are more adept at promoting C-class shares compared to traditional banks that favor A-class shares [5][6] - The sales service fee structure of C-class shares incentivizes distribution channels to promote these shares more aggressively [5][6] Fund Management Strategies - Fund companies are increasingly introducing C-class shares to meet diverse investor needs and adapt to market changes, enhancing product competitiveness [6] - The addition of C-class shares is seen as a cost-effective marketing strategy for fund companies, allowing them to leverage existing products and their performance history without incurring the costs associated with launching new funds [6]