2025年5月新基金发行报告（发行与募集篇）：新型浮动费率基金来袭，科创综指增强策略ETF上新

Fund Issuance - In May 2025, 82 companies participated in fund issuance, a month-on-month increase of 9.33% compared to April 2025[1] - A total of 172 funds were issued in May, with 124 being newly issued, reflecting a month-on-month decrease of 2.36%[8] - Index funds were the most popular type, with 66 index funds issued, accounting for 53.23% of the total issuance[11] Fund Raising - The total fundraising amount in May 2025 was 826.26 billion yuan, a month-on-month decrease of 12.61% and a year-on-year decrease of 24.99%[13] - The top three types of funds by fundraising amount were index funds (420.65 billion yuan, 50.91%), bond funds (307.22 billion yuan), and mixed funds (77.46 billion yuan)[13] - 115 funds completed fundraising in May, with an average subscription period of 12.39 days, a month-on-month decrease of 13.81%[17] New Fund Innovations - The first batch of 24 floating-rate funds was launched, all classified as mixed funds, with management fees linked to investor holding periods and fund performance[2] - The newly established STAR Market Index Enhanced Strategy ETF and enhanced funds aim to meet personalized investment needs and enhance competition among fund companies[2]