Core Points - E Fund Management Co., Ltd. has announced the effective contract of the E Fund Ruiyi Ying'an 6-Month Holding Period Mixed Fund of Funds (FOF) [1] - The total net subscription amount during the fundraising period reached 5,847,543,717.01 RMB, with interest accrued during the fundraising period amounting to 850,580.39 RMB [1][2] - The total number of effective subscription accounts was 24,688 [2] Fund Details - The fundraising period was from November 10, 2025, to November 14, 2025 [2] - The net subscription amount for the A share class was 3,163,527,422.60 RMB, while the C share class had a net subscription of 2,684,016,294.41 RMB [2] - The fund manager, Zhang Zhenqi, has been with E Fund since July 2017 and has held positions as a researcher and investment manager [1]

Group 1 - The core viewpoint of the articles highlights a significant increase in the number of mutual funds that have ended their fundraising early in 2023, with a total of 375 funds making such announcements, reflecting a growing investor interest in equity funds, particularly in the technology sector [1][2] - Among the 375 funds that ended fundraising early, 225 were equity funds, accounting for 60% of the total, which is a notable increase of 17.75 percentage points compared to the same period last year [1] - The trend of early fundraising closures is seen as a positive indicator of market recovery and investor optimism, as stated by industry experts [1][2] Group 2 - In the equity fund category, passive index funds accounted for over 50% of the early closures, with 115 such funds ending their fundraising early [2] - Active equity funds also saw an increase in early closures, with some funds, like the China Europe Xin Yue Return Fund, exceeding their fundraising target of 1.5 billion yuan on the first day of subscription [2] - Experts suggest that early fundraising closures allow fund managers to secure capital quickly and optimize their investment strategies, enhancing the overall investment experience for investors [2] Group 3 - Despite the positive sentiment around early fundraising closures, experts caution investors to make rational choices and not to blindly chase after these products, emphasizing the importance of understanding the fund's investment scope and the manager's track record [3] - The relationship between early fundraising closures and the quality of the funds is not necessarily direct, as it may reflect market trends and issuance strategies rather than inherent fund quality [3]