基金早班车丨有色金属ETF规模破千亿，供需共振引公募密集加码

Group 1 - The core viewpoint of the articles highlights significant capital inflow into the non-ferrous metals sector, with related ETFs (excluding gold) seeing a net inflow exceeding 36 billion yuan this year, pushing the total scale beyond 100 billion yuan [1][2] - The demand-supply mismatch, coupled with the needs for new energy and grid upgrades, has led to notable price elasticity in copper, aluminum, and rare earths, prompting funds to quickly position through ETFs [1][2] - Multiple public funds are actively applying for new products, indicating a continuous increase in the toolization of investment strategies, which has become a key focus for institutions during the recovery phase of the year [1][2] Group 2 - As of January 23, 2026, there were no new fund launches, but five funds announced dividends, primarily bond funds, with the highest dividend being 0.25 yuan per 10 fund shares from the Bank of China’s 39-month regular open bond fund [2][4] - Data shows that seven private equity firms have either newly entered or returned to the 10 billion yuan tier this year, indicating a growing trend in the private equity sector, with stock long strategies being particularly popular [2] - Foreign investment firms, including BlackRock and Fidelity, reported that several of their products had net value increases exceeding 50%, with a strong focus on high-quality technology assets expected to lead value reassessment in the upcoming year [3]