不仅是ETF，混合型FOF也成为这轮快速发行的主力军，出现了多只一日结募的"日光"产品。据统计， 截至2月11日，2026开年以来共有27只混合型FOF顺利结束募集，多只产品仅用时一天就募集数十亿 元，发行场面十分火爆，成为资金布局的核心方向之一。 从具体产品来看，Wind数据显示，博时盈泰臻选6个月持有FOF单日募集规模达到58.44亿元，南方稳嘉 多元配置3个月持有FOF单日募集规模达到26.02亿元，广发悦丰多元稳健三个月持有FOF单日募集规模 达到25.46亿元，景顺长城盈景保守配置三个月持有FOF单日募集规模达到24.06亿元，万家启泰稳健三 个月持有FOF单日募集规模达到20.99亿元。 72.21亿元 广发研究智选自1月7日开始首发认购，1月16日结束募集，短短10天募集规模达到72.21亿元。这是近三 年来唯一一只首发规模超过70亿元的主动权益基金。 ● 本报记者 张舒琳 2026开年以来，新基金发行火热。1月新基金发行数量达169只，达到2023年3月以来的最高水平。多只 基金一日售罄，还有产品因超募触发比例配售。此外，时隔三年，市场又出现了70亿元级别的主动权益 新产品。 尽管春节假期临近 ...

Core Insights - The enthusiasm for mutual fund investments has returned, with a significant increase in fund issuance this year, highlighted by the emergence of several "daylight funds" with substantial initial offerings [1][2] Group 1: Fund Issuance Trends - In January, the number of new public mutual funds reached 169, marking the highest level since March 2023, indicating a notable uptick in the fund issuance market [2] - The shortening of fundraising periods supports the increased demand for new funds, with many funds announcing early closure of fundraising, particularly in popular sectors like ETFs [2] - A total of 27 mixed FOFs completed fundraising by February 11, with several funds raising billions within a single day, becoming a core focus for capital allocation [2][3] Group 2: Specific Fund Performance - Notable fundraising figures include 博时盈泰臻选 FOF raising 58.44 billion, 南方稳嘉多元配置 FOF raising 26.02 billion, and 广发悦丰多元稳健 FOF raising 25.46 billion in a single day [3] - The average subscription period for funds that completed fundraising in January was 15.69 days, reflecting a decrease of 8.50% month-over-month and 13.40% year-over-year [3] Group 3: Active Equity Funds - The return of popular active equity funds is a significant indicator of the warming issuance market, with 43 mixed equity funds successfully completing fundraising in January [4] - The fund 广发研究智选 raised 72.21 billion in just ten days, marking it as the only active equity fund to surpass 70 billion in initial offerings in the past three years [4] Group 4: Pre-emptive Strategies for Fund Issuance - Despite the upcoming Spring Festival, institutions are actively preparing for new fund launches, aiming to capitalize on the post-holiday market window [5][6] - Fund companies are initiating fundraising efforts before the holiday to secure capital and enhance promotional strategies for post-holiday launches [6]

Core Insights - The A-share market is experiencing fluctuations as the Spring Festival approaches, leading to discussions among investors about whether to hold cash or stocks during the holiday [5][6] - New fund issuance has accelerated, with 163 new funds established by February 6, totaling 1510.7 billion units, marking a 76% increase in issuance compared to the previous year [2][3] Fund Issuance and Market Activity - There are currently 47 funds in the issuance process, with nearly 30 new products confirmed for upcoming sales, indicating a potential influx of capital into the A-share market [2] - 63 funds have announced early closure of fundraising, a nearly 50% increase year-on-year, reflecting a strong market recovery trend [2][3] - Some funds have seen rapid fundraising success, with 52 products closing in under five days, including notable cases of "one-day sellouts" [3] Investment Themes and Strategies - New funds are targeting sectors such as non-ferrous metals, chips, and new energy batteries, with 7 funds focused on non-ferrous metals and 16 on Hong Kong stock opportunities [4] - Fund managers are actively buying into the market, with 151 new products showing net value fluctuations, indicating a proactive investment approach [4] Market Sentiment and Predictions - Analysts suggest that there is no absolute advantage to holding cash or stocks; the decision should align with investors' risk tolerance [6] - The market is expected to shift focus to growth sectors with clear performance catalysts post-holiday, as risk appetite is anticipated to rebound [6][7] - The A-share market is currently characterized by strong upward momentum, with a significant probability of price increases after the Spring Festival [7]

Group 1 - The A-share market is experiencing fluctuations as the Spring Festival approaches, but the new fund market is heating up with 163 new funds established by February 6, representing a 76% increase in issuance volume year-on-year [1][2] - There are currently 47 funds in the issuance process, with nearly 30 new products confirmed for upcoming sales, indicating a trend of increasing capital inflow into the A-share market [1][2] - A significant number of new funds are targeting sectors such as non-ferrous metals, chips, and new energy batteries, with 7 funds focused on non-ferrous metals alone [3] Group 2 - The market is seeing a shift from passive index products to actively managed equity funds, with several "small blockbuster" funds emerging, such as those from GF Fund Management and Huabao [2] - Foreign public fund institutions are accelerating their presence in the Chinese market, with 54 new funds established in the past year, raising nearly 736 billion yuan [2] - Fund managers are quickly entering the market, with 151 newly established funds showing net value fluctuations, indicating active buying [3] Group 3 - Investors are debating whether to hold cash or stocks during the Spring Festival, with some opting for cash to avoid uncertainties while others fear missing potential market gains [4][5] - Analysts suggest that both strategies have their merits, emphasizing the importance of individual risk tolerance and market conditions [5][6] - The market is expected to see a recovery post-holiday, with a focus on growth sectors that have clear performance catalysts [5][6]

Group 1 - The total issuance scale of public funds in January 2026 reached approximately 120.21 billion yuan, representing a year-on-year increase of 39.28% and a month-on-month increase of 5.06% [2][4] - A total of 123 fund products were issued in January, excluding transformed and subdivided funds [2] - The largest issuance scale was for mixed funds, exceeding 50 billion yuan, with specific products like GF Research Smart Selection and Hua Bao Advantage Industry leading the issuance [4][5] Group 2 - The top three funds by issuance scale in January were GF Research Smart Selection at 7.22 billion yuan, Hua Bao Advantage Industry at 5.78 billion yuan, and ICBC Ying Tai Stable 6-Month Holding [5][6] - The issuance structure included mixed funds at 54.77 billion yuan, followed by stock funds at 26.47 billion yuan and FOF funds at 19.94 billion yuan [4] - Three funds announced extensions for their fundraising periods, including products from GF Fund and Hai Fu Tong Fund [7]

证券时报记者 王明弘 契合A股市场结构性行情的新发基金越来越受到投资者的青睐。 2026年开年以来，在A股结构性行情的持续驱动下，已有超过200只基金年内业绩回报超过20%。基金业绩的良好 表现直接带动权益基金新发市场回暖，投资者认购热情高涨，爆款基金频现。 以华宝优势产业为例，证券时报记者近日从渠道处获悉，该基金发行募集规模已突破50亿元。该产品成为"爆 款"的背后，与其精准的产品定位密切相关。据悉，该基金主要聚焦受益于中国经济发展和结构转型、契合产业升 级趋势、具备良好基本面和可持续成长潜力的优势行业，契合当前市场对中长期结构性机会的配置需求。 在12只爆款基金中，有6只基金的认购天数在10天以内，其中广发悦盈稳健三个月持有A仅用2天就完成募集，富国 智汇稳健3个月持有A也仅耗时3天，快速结束募集的现象充分反映了当前市场的认购热度。 从投资类型分布来看，权益类产品成为近期基金发行的绝对主力。数据显示，股票型基金数量达到31只，发行规 模为165.06亿元，占全市场总规模的22.94%；偏股混合型基金发行24只，规模为278.06亿元，占比38.65%。两类产 品合计贡献了超61%的募资规模。 混合型FOF ...