单周12只FOF基金集中发行，刷新历史纪录

Core Insights - The public fund issuance market has maintained an active trend since the beginning of the year, with 40 new funds launched for subscription in the week of January 19 to January 25, representing an 11.11% week-on-week increase and sustaining a high issuance level above 35 funds for three consecutive weeks [1] Fund Type Analysis - Among the newly launched funds, equity funds remain the mainstay, with 23 equity funds entering the subscription period, accounting for 57.5% of the total new funds. This includes 15 stock funds and 8 equity hybrid funds, indicating sustained enthusiasm for equity asset allocation [2][3] - In terms of specific types, passive index funds lead with 13 funds, making up 32.5% of all new funds, while enhanced index funds account for 5%. In the hybrid fund category, 8 equity hybrid funds and 1 debt hybrid fund were issued. For bond funds, there were 3 mixed bond secondary funds and 1 medium to long-term pure bond fund [3] FOF Fund Trends - FOF (Fund of Funds) issuance has significantly rebounded, with 12 new FOFs launched, marking a historical single-week issuance high. Among these, debt hybrid FOFs are the majority, totaling 10 funds, which represents 83.33% of the new FOF issuance, reflecting investors' focus on risk control while pursuing returns [3][4] Market Dynamics - The current new fund issuance structure is characterized by "equity dominance, FOF rebound, and active index products," showcasing market confidence in equity assets and a trend towards diversified fund offerings. The sustained heat in the public fund issuance market is attributed to multiple factors, including market sentiment, policy guidance, channel promotion, and favorable macroeconomic conditions [3][4] - The "A-share opening red" effect has attracted investors to enter the market through new funds, while policy dividends and channel efforts have formed a dual driving force for fund issuance. The "14th Five-Year Plan" focuses on new quality productivity, providing opportunities for the issuance of thematic funds in technology and manufacturing [4]