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 ...

Group 1 - The public fund market is experiencing a new round of product issuance starting from January 19, with 40 new funds launched for subscription, involving 26 fund management companies [1][14] - The distribution of new funds includes 15 stock funds, 12 FOF funds, 9 mixed funds, and 4 bond funds [1][14] Group 2 - Among the 15 stock funds, theme index funds are the main focus, covering sectors such as engineering machinery, non-ferrous metals, chip design, healthcare, photovoltaic, animal husbandry, and artificial intelligence [3][16] - New funds are closely aligned with current market hotspots and policy directions, particularly in technology innovation and high-end manufacturing, with specific funds targeting semiconductor and AI industries [3][16] - The new funds also focus on renewable energy, industrial metals, and resource sectors, reflecting ongoing investment in energy transition and infrastructure [3][16] Group 3 - The 12 FOF funds launched are characterized by a "stable" positioning and set minimum holding periods of 3 to 6 months, aiming to provide clear styles and strong operational discipline for medium to long-term investment [6][19] - The overall strategy for the new FOFs emphasizes "fixed income+" with a significant allocation to bond assets, typically between 70% to 85%, serving as a stability component for returns [7][20] - Many FOF products include gold as a standard asset, highlighting its role as an inflation hedge and risk management tool in the current macroeconomic environment [7][20] Group 4 - The 9 mixed funds exhibit diverse strategies, focusing on themes such as quantitative stock selection, healthcare innovation, and consumer sectors in Hong Kong, with most funds having equity allocations between 60% to 90% [10][12] - The majority of mixed funds incorporate Hong Kong stock indices in their performance benchmarks, indicating a focus on valuation recovery opportunities in the Hong Kong market [10][12] Group 5 - The 4 newly issued bond funds primarily adopt a "fixed income+" strategy, suitable for investors with moderate to low risk tolerance, with most having low subscription thresholds [12][13] - The bond funds are designed to provide a stable income while allowing for some equity exposure, with varying subscription periods to accommodate investor preferences [12][13]