新基金发行升温 权益类产品担当主力

Core Insights - The public fund issuance has significantly increased since November, with 35 new funds expected to launch this week, up from 27 the previous week, indicating a growing market enthusiasm [1] - The average subscription period for new funds has shortened to 19 days, reflecting enhanced investor willingness and accelerated capital inflow [1] - Three main drivers are identified for this trend: improved overall A-share market conditions, a shift in residents' financial management attitudes towards public funds, and the positive effects of recent policies [1] Fund Types - Equity funds dominate this week's issuance, with 26 new funds launched, including 16 stock funds, of which 13 are passive index funds, highlighting strong market interest in equity investments [1][2] - Mixed funds saw the issuance of 10 new funds, all of which are equity-oriented, allowing fund managers flexibility in adjusting stock-bond allocations based on market conditions [2] - FOF (fund of funds) products have also seen a rise, with 5 new products launched, matching the highest weekly issuance record for the year, driven by investor demand for low-volatility and diversified fund options [2] Issuing Institutions - A total of 25 public fund institutions launched new funds this week, with 18 institutions issuing one fund each and 7 institutions issuing two or more [2] - E Fund led the issuance with 4 new products, primarily focusing on passive index stock funds, followed by Huatai-PineBridge with 3 new products [2]