Core Viewpoint - The public fund market is currently experiencing two significant trends: a surge in limit purchases for high-performing active equity funds and a wave of self-purchases by public fund institutions to bolster market confidence [2][8]. Limit Purchases - Numerous high-performing active equity funds have announced limits on purchases, with over a hundred funds implementing such measures since the beginning of the second half of the year [2][5]. - For instance, China Europe Fund announced limits on large purchases for its medical innovation stock fund and other funds, citing the need to ensure stable operations and protect the interests of existing fund holders [4][5]. - The performance of these funds has been impressive, with some, like the China Europe Medical Innovation Stock Fund, achieving over 60% net value growth year-to-date [5][6]. Self-Purchases - Public fund institutions, including Southern Fund and Industrial Bank of China Credit Fund, have initiated significant self-purchases of their equity funds, with Southern Fund planning to invest at least 230 million yuan [7][8]. - This self-purchase trend is seen as a positive signal, indicating that institutions remain optimistic about the market's future, especially as the Shanghai Composite Index stabilizes above 3600 points [8]. - The self-purchases not only serve as a confidence endorsement but also create a deeper capital bond between the institutions and their funds, promoting a long-term investment philosophy [8].
沪指3600点之际公募新动作:绩优基金密集限购VS机构自购潮涌
经济观察报·2025-08-12 11:05