Group 1: Fund News - Vanguard Fund announces Wang Chongkun as the new chairman, effective May 16, with a background in major financial institutions [1] - Xinhua Fund has invested 10 million yuan of its own funds to purchase shares in the Xinhua Active Value Mixed Fund A class on May 14, following a previous investment of 10.5194 million yuan in April [1] - The first batch of innovative floating fee rate products based on performance benchmarks has been submitted, with 26 fund managers participating, including 21 leading firms in active equity management [1] Group 2: Market Commentary - The market experienced fluctuations, with the Shanghai Composite Index closing unchanged, while the Shenzhen Component and ChiNext Index fell by 0.08% and 0.33% respectively, with a total trading volume of 1.09 trillion yuan, down by 30.7 billion yuan from the previous trading day [2] - New economy ETFs led the gains with a rise of 2.01%, while real estate ETFs also performed well [2] Group 3: ETF Performance - The New Economy ETF rose by 2.01%, while the 1000 Enhanced ETF and Real Estate ETFs increased by 1.81% and 1.62% respectively [3] - The Dividend Low Volatility 100 ETF led the declines with a drop of 2.96%, followed by the Engineering Machinery ETF and Hong Kong Automobile ETF, both down over 1.5% [4] Group 4: Real Estate Sector Insights - The real estate sector is expected to benefit from positive fiscal and monetary policies due to current supply-demand imbalances and declining sales data, which have led to an oversupply of commercial housing [5] - The introduction of new policies aimed at improving housing conditions is anticipated to further stimulate demand and support the industry's stable development, making real estate ETFs a potential area of interest [5]

上天天基金APP搜索【777】开户即可领98元券包 ，优选基金10元起投！限量发放！ 先到 先得！ 在二季度以来的震荡行情中，基金公司加大了自购力度，10多家基金管理人宣布自购旗下权益类基金。 据统计，今年以来基金管理人自购旗下权益类基金合计超过20亿元。在多位业内人士看来，基金管理人 作为专业投资机构，真金白银出手，积极自购权益类基金，有利于提振市场信心。 基金管理人频频出手自购 5月16日，新华基金公告称，基于对资本市场长期健康发展和公司主动投资管理能力的信心，公司已于5 月14日出资1000万元固有资金申购新华积极价值混合基金A类份额。此前，新华基金于今年4月已出资 1051.94万元固有资金申购上述基金。 持续自购的还有招商证券资管。5月14日，招商证券资管公告称，将于近期陆续使用自有资金认申购旗 下权益类证券投资基金（含参照公募基金管理运作的集合资产管理计划），认申购金额合计不低于2500 万元，持有期限不少于6个月。截至目前，公司自有资金投资旗下非货币证券投资基金已逾5500万元。 本次认申购完成后，公司自有资金投资旗下非货币证券投资基金将逾8000万元。 除了基金管理人自购旗下权益类基金以外，基 ...

Core Insights - Fund managers have significantly increased their self-purchase of equity funds, totaling 2.038 billion yuan as of May 18, which is much higher than the same period last year [2][5] - The self-purchase actions by fund managers are seen as a positive signal for the market, indicating confidence in the long-term health of the capital market [5] Group 1: Fund Manager Actions - More than 10 fund management companies have announced self-purchases of their equity funds in the second quarter amid market fluctuations [2][4] - Xinhua Fund announced a self-purchase of 10 million yuan in its Xinhua Active Value Mixed Fund on May 14, following a previous purchase of 10.5194 million yuan in April [3] - China Merchants Securities Asset Management plans to use its own funds to subscribe to equity securities investment funds totaling no less than 25 million yuan, with current investments exceeding 55 million yuan [3] Group 2: Market Impact - The self-purchase behavior of fund managers is expected to stabilize investor sentiment and demonstrate their commitment to the market [5][6] - Fund managers and executives are increasingly participating in self-purchases, with notable commitments from firms like Anxin Fund and Fuguo Fund, each pledging at least 2.5 million yuan [4][5] - The trend of self-purchases is anticipated to grow, supported by regulatory initiatives aimed at enhancing the quality of public fund development [6]