【大河财立方 记者 孙凯杰】今年，你买的基金分红了吗？ 近期，公募基金密集宣布分红。Wind数据显示，截至6月18日，年内全市场已有超2000只基金宣布分红，分红次数近3000次。按照权益登记日计算，总金 额达到1095亿元，相比于2024年同期的756亿元，增长了45%。 指数型、债券型基金参与分红较多 6月11日，全市场规模最大的基金——华泰柏瑞沪深300ETF宣布了分红方案，每10份基金份额分红0.880元，将于6月27日派发红利。以该基金份额总数估 算，本次分红总额将超过80亿元，刷新了公募基金单次分红的最高纪录。 大河财立方记者观察到，目前，多数基金提供两种分红方式，现金分红和红利再投资，分红方式可由投资者自行选择。现金分红方式，投资者将直接获得 现金；红利再投资方式，投资者所获分配的现金收益将按照基金合同自动转换为基金份额形式进行再投资。 专家：基金增加分红，对基金经理和投资者都有好处 2024年，公募基金规模持续增长，在2025年4月底突破了33万亿元大关，ETF基金规模也首次突破了4万亿元。 | 基金名称 | | 华泰柏瑞沪深 300 交易型开放式 | | --- | --- | --- | ...

具体来看，易方达基金、华夏基金、南方基金、嘉实基金、富国基金、招商基金六家机构旗下科创债 ETF跟踪的是中证AAA科创债指数；广发基金、鹏华基金、博时基金三家机构旗下科创债ETF跟踪的是 上证AAA科创债指数的ETF；景顺长城基金独攻深证AAA科创债指数。其中，中证AAA科创债指数是 一只跨市场债券指数，指数样本选择范围覆盖沪深两市，其余两只是单市场债券指数。 | 序号 | 基金管理人 | 7 基金名称 | | --- | --- | --- | | 1 | 招商基金管理有限公司 | 招商中证AAA科技创新公司债交易型开放式指数证券投资基金 | | 2 | 富国基金管理有限公司 | 富国中证AA科技创新公司债交易型开放式指数证券投资基金 | | 3 | 鹏华基金管理有限公司 | 鹏华上证AAA科技创新公司债交易型开放式指数证券投资基金 | | 4 | 博时其金管理有限公司 | 博时上证AAA科技创新公司债交易型开放式指数证券投资基金 | | 5 | 酱顺长城景等量用有限公司 | 景顺长城深证AA科技创新公司债交易型开放式指数证券投资基金 | | 6 | 嘉实基金管理有限公司 | 嘉实中证AAA科技创新公司债交 ...

Core Viewpoint - Evolutionary Asset Management, established in June 2014, is one of the early private fund managers in China to combine active management and quantitative investment, achieving significant performance in a differentiated market environment [2][5]. Group 1: Company Overview - Evolutionary Asset Management has a mature management system and an experienced research team, with investment management experience across various cycles, markets, and strategies [2][8]. - The company has received both "subjective + quantitative" dual Golden Bull Awards, highlighting its recognition in the industry [2][8]. Group 2: Performance Highlights - The company's quantitative strategies have shown outstanding excess performance this year, with an average return of ***% over the past six months, ranking first among private quantitative funds [2]. - The "Evolutionary Multi-Prism Hedging No. 1 B-Class Share" managed by founder Wang Yiping ranks first in the top 10 "stock market neutral" products among private funds, with a recent scale of approximately *** million and returns close to ***% over the past six months [2]. Group 3: Future Strategy - The company plans to continue its commitment to "logical quantification" and will enrich its product line to create long-term returns for investors [2].

Group 1 - The core viewpoint is that the digital transformation of financial institutions is entering a critical phase, with a consensus on adopting distributed databases for core systems [1] - OceanBase has achieved the "Hundred Banks Plan," providing database services for over 100 banks, covering more than 190 core systems and over 1,000 key business systems [1] - The upgrade of core systems in financial institutions requires a tripartite synergy of policy guidance, technology drive, and market demand, emphasizing higher requirements for data security, stability, and scalability [1] Group 2 - The essence of digital transformation in financial institutions is to leverage data to reshape traditional business and organizational models, thereby building new competitive advantages [2] - OceanBase has developed best practices for distributed architecture to address challenges faced by clients, such as business scale growth and increasing IT architecture complexity [2] - OceanBase has implemented integrated product practices that solve 80% of user data issues through a unified database approach, including single-machine distributed integration and SQL+AI integration [2]

Core Viewpoint - The article discusses the launch of the "Xingye Xinghe Sheng" fund by Xingye Fund, which is a medium to long-term pure bond fund managed by Liu Yuhan, aiming for stable returns while controlling risks [1][3]. Fund Details - The fund is open for subscription from June 18, 2025, to July 2, 2025, with a minimum fundraising target of 200 million shares [3]. - The investment objective is to achieve returns that exceed the performance benchmark while ensuring safety, liquidity, and risk control [3]. - The performance benchmark is set as 90% of the China Bond Composite Price Index yield plus 10% of the after-tax one-year fixed deposit rate [3]. - The fund will invest at least 80% of its assets in bond assets and maintain a minimum of 5% of its net asset value in cash or government bonds maturing within one year [3]. Management and Performance - Liu Yuhan, the proposed fund manager, has 11 years of experience in the securities industry and has been with Xingye Fund since November 2015 [4][5]. - Currently, Liu Yuhan manages 9 funds with a total scale exceeding 50 billion yuan, primarily in bond products [2][5]. - Liu Yuhan's fund "Xingye Wenli 30 Days Holding" has achieved a yield of 3.99% since its inception in May 2024, outperforming its benchmark by over 1 percentage point [6]. - The "Xingye Wensui 90 Days Holding A" fund has a year-to-date yield of 1.08%, also surpassing its benchmark by over 1 percentage point, ranking 620 out of 3339 in its category [6].

Core Viewpoint - The announcement from Xingzheng Global Fund indicates the distribution of cash dividends for its Xingzheng Global Dividend Mixed Securities Investment Fund, marking its second dividend payout since inception [1][2]. Fund Performance and Strategy - The fund was established on June 18, 2024, and the total dividend amount for this payout is 929 million yuan, with A-class shares receiving 0.03029 yuan per share and C-class shares receiving 0.02753 yuan per share [1][2]. - As of May 30, 2025, the A-class shares have achieved a cumulative net value growth rate of 10.41%, outperforming the benchmark by 7.93 percentage points [2]. - The fund's maximum drawdown since inception is -5.77%, which is better than the benchmark's -11.77% [2]. - Fund manager Zhang Xiaofeng employs a "core + satellite" strategy, focusing on mainstream dividend indices while actively selecting stocks, and also investing in small and mid-cap stocks for excess return opportunities [2]. Research and Development Focus - Xingzheng Global Fund emphasizes enhancing its research capabilities, with over 41% of its team dedicated to investment research, covering key sectors such as TMT, cyclical, consumer, and manufacturing [3]. - The fund's stock investment management capability ranks 6th out of 64 in the industry over the past decade, with a return rate of 83.25% [3]. - Zhang Xiaofeng highlights the importance of internal research support in identifying value traps in dividend investing, which relies heavily on individual stock and industry research [3].

Group 1 - Multiple public funds announced changes in fund managers, with some managers resigning in a "clearance" manner [1][2] - Wu Huijuan from Green Fund resigned from managing three funds on June 16, 2023, after less than six months in the role, with the highest return of 1.35% for one fund [2] - Qi Jieping from Chunhou Fund also resigned from managing four funds on June 14, 2023, due to personal reasons [2][3] Group 2 - Liu Taiyang from Penghua Fund resigned from three funds in June, leaving only one fund under management [3] - The resignation of fund managers has increased the burden on remaining managers, with some now managing multiple funds [3] - Notably, larger fund companies and star fund managers are also experiencing significant changes in their managed products, including resignations from underperforming funds [4] Group 3 - As of June 17, 2023, there have been 2,314 fund manager changes since 2025, with 1,254 managers resigning [5] - The high turnover of fund managers is closely linked to market cycles, with a shift towards team-based operations and a trend of managers seeking better career opportunities [6]

J P M O R G A N North America Emerging Markets Research 13 June 2025 EM Flows Weekly Scaling new heights: EM bond funds see inflows surpass last week's yearly high EM Flows Weekly includes fund flow data, non-resident EM portfolio flow data, weekly retail fund flow models, EM-dedicated retail bond fund beta trackers, and historical cross-asset fund flows. – Within local currency, EM ex-China saw inflows of +$314mn (from + $375mn), while China-focused funds saw outflows of -$15mn (from +$27mn). – Within hard ...

Core Points - ArrowMark Financial Corp. declared a cash distribution of $0.45 per share for Q2 2025, payable on June 27, 2025, to shareholders of record on June 23, 2025 [1] - The net income for Q1 2025 was reported at $0.58 per share, exceeding the quarterly distribution amount, demonstrating consistent over-earning of the distribution rate over the past four years [2] - ArrowMark Financial is a non-diversified, closed-end fund listed on NASDAQ under the symbol "BANX," focusing on providing current income through investments in regulatory capital securities of financial institutions [3]

以下文章来源于中金点睛 ，作者韦璐璐 薛丰昀等 文/中金公司研究部 韦璐璐、薛丰昀、陈健恒 近期四大行下调存款利率，1年期定期存款利率下降至1%以下。并且，随 着7天回购利率的下调，货币市场基金7日年化收益率也在向1%靠近。对 于货币基金、现金管理类理财而言，如何应对这一挑战？我们希望从海外 经验来梳理和挖掘一些共同的规律，来为国内的管理人和监管机构提供参 考借鉴。 中金点睛 . 图文并茂讲解中金深度研究报告 近期四大行下调存款利率，1年期定期存款利率下降至1%以下。并且，随着7天回购利率的下调，货币市场基金7日年化收益率也在向1% 靠近。对于货币基金、现金管理类理财（由于现金管理类理财已经改革转型，目前收益率接近货币基金，因此以下以货币基金为主要研 究对象）而言，如何应对这一挑战？我们希望从海外经验来梳理和挖掘一些共同的规律，来为国内的管理人和监管机构提供参考借鉴。 海外主要市场低利率的背景及货币基金规模的变化 1. 美国：利率下降周期中资金流出MMF 美国货币市场基金收益率进入"1%"时代主要有三个时期，分别是2003年-2004年、2009年-2017年以及2020-2021年。 具体来看： 1) 20 ...