Overall Situation - The total issuance scale of funds in September 2024 saw a significant increase, with 871 billion units issued, up by 345 billion units from the previous month. However, compared to the same period last year, the issuance scale decreased by 200 billion units. A total of 86 new products were launched, an increase of 8 from the previous month but a decrease of 42 year-on-year [13][14]. - Bond funds continued to dominate the market, accounting for 567 billion units or 65.1% of the total issuance, although this represents a 10.0 percentage point decrease from the previous month. Equity funds accounted for 31.8% of the total, an increase of 12.2 percentage points [14][18]. Active Equity Funds - The issuance scale of active equity funds in September 2024 was 25 billion units, reflecting a significant decline. The number of new active equity funds issued was 21, a decrease of 5 from the previous month. The majority of these were mixed equity funds, which accounted for 99.2% of the total issuance [18][19]. Passive Equity Funds - The issuance scale of passive equity funds surged to 251 billion units in September, an increase of 198 billion units from the previous month. This marks the highest level in nearly two years. A total of 36 new passive equity funds were launched, an increase of 14 from the previous month [23][24]. - Among the newly issued passive equity funds, 33 were passive index funds, indicating a preference for strategies that track market indices rather than actively managed funds [24][25]. Bond Funds - The issuance scale of bond funds rose to 567 billion units in September, an increase of 172 billion units. However, this remains at a relatively low level compared to historical data. A total of 22 new bond funds were issued, a decrease of 3 from the previous month [27][28]. - Long-term pure bond funds dominated the new issuances, with 8 funds totaling 324 billion units, accounting for 57.1% of the bond fund issuance [28][30]. QDII Funds - QDII funds continued to see no new issuances, remaining at zero units in September, which is the lowest level in nearly two years. This trend reflects significant fluctuations in the issuance scale over the past two years [31][32]. FOF Funds - FOF funds experienced a slight recovery in issuance, totaling 9 billion units in September, an increase of 2 billion units from the previous month. A total of 4 new FOF funds were launched, also an increase of 2 from the previous month [34].
权益型占比环比提高，被动型发行大幅攀升
Huafu Securities·2024-10-08 08:03