Group 1 - The total dividend amount of public funds in 2023 has reached 88.9 billion yuan, which is 1.4 times that of the same period last year, marking a three-year high with over 2,500 distributions [1] - Equity funds are increasingly distributing dividends, with ETFs being prominent in the distribution rankings, such as Huaxia CSI 300 ETF with 2.683 billion yuan and Jiashi CSI 300 ETF with 2.435 billion yuan [1] - Several ETFs have also exceeded 1 billion yuan in dividend distributions this year, including E Fund CSI 300 ETF and Southern CSI 500 ETF [1] Group 2 - Penghua Fund has appointed Italian firm Eurizon Capital as an overseas investment advisor for its global high-yield bond fund and US real estate fund, enhancing service for investors [2] - Eurizon Capital, a shareholder of Penghua Fund, had an asset management scale of 390.5 billion euros as of September last year, operating in 25 countries [2] - The trend of QDII funds hiring experienced overseas advisors is growing, with many having over 15 years of industry experience [2] Group 3 - Dongfanghong Asset Management announced the early closure of its core value mixed fund, which is the first floating fee rate fund in the market, with a planned fundraising cap of 2 billion yuan [3][4] - The fund was subscribed with 10 million yuan of the company's own capital [3] Group 4 - Several public funds, including Fuguo Fund and Guotai Fund, have warned investors about risks associated with the recent volatility in the information technology innovation theme ETFs, which have seen a significant increase in scale [5] - As of June 3, the total scale of seven innovation theme ETFs reached 2.544 billion yuan, up over 110% from 1.188 billion yuan on May 23 [5] Group 5 - The Hong Kong innovative drug sector has gained significant attention, with the Hang Seng Hong Kong Stock Connect Innovative Drug Select Index rising over 51% year-to-date [6] - Multiple innovative drug and healthcare ETFs have also seen year-to-date increases exceeding 40%, outperforming gold stock ETFs which rose 36% [7] Group 6 - Investment opportunities in the medical AI sector are concentrated in three main areas: AI drug development, AI in medical diagnostics and treatment, and the production and application of medical data [8] - The application of AI in drug development is expected to enhance efficiency, with several AI-selected drugs entering clinical validation [8] Group 7 - On June 5, the market experienced a rebound, with the Shanghai Composite Index rising 0.23% and the Shenzhen Component Index increasing by 0.58% [9] - The total trading volume in the Shanghai and Shenzhen markets reached 1.29 trillion yuan, an increase of 137.4 billion yuan from the previous trading day [9] - The information technology sector led the gains, with the information technology ETF rising by 3.98% [9]

Group 1: Fund Performance and Trends - The total amount of fund dividends this year has reached 88.9 billion yuan, which is 1.4 times that of the same period last year, marking the highest level in nearly three years with over 2,500 dividend distributions [1] - The market saw a rebound with the Shanghai Composite Index rising by 0.23%, the Shenzhen Component Index increasing by 0.58%, and the ChiNext Index up by 1.17%, with a total trading volume of 1.29 trillion yuan, an increase of 137.4 billion yuan from the previous trading day [5][6] Group 2: New Fund Developments - The first new type of floating fee rate fund, Dongfanghong Core Value Mixed Fund, has closed its fundraising period early on June 4, with an original fundraising cap of 2 billion yuan [3] - Two QDII funds have appointed overseas investment advisors to enhance service quality for investors, specifically hiring Italian Eurizon Capital Asset Management for their global high-yield bond fund and U.S. real estate fund [2] Group 3: Investment Opportunities in AI - Investment opportunities in the medical AI sector are concentrated in three main areas: AI drug development, AI medical applications, and data production and utilization, with companies that can leverage high-quality diagnostic data having a competitive edge [4] Group 4: ETF Market Insights - The AI sector is transitioning from isolated technological advancements to broader productivity applications, creating new value across various industries such as advertising, gaming, and smart vehicles, suggesting a focus on information technology ETFs [9]

Core Viewpoint - Public funds are actively hiring foreign investment advisors to enhance investment management for QDII funds, driven by the growing demand for diversified asset allocation as residents' wealth continues to increase [1] Group 1: Hiring Foreign Advisors - Penghua Fund announced the hiring of Italy's Eurizon Capital Asset Management as a foreign investment advisor for its global high-yield bond fund and US real estate fund, with Eurizon managing €390.5 billion as of last September [2] - Other public funds are also bringing in foreign advisors, with many having over 15 years of experience in the securities industry, aligning well with the investment directions of the respective QDII funds [2][3] - Notable foreign advisors include Steven Angeli from Wellington Management with over 30 years of experience, and Cai Defeng and Yang Bo from Amundi Asset Management, both with over 16 years of experience [3] Group 2: Expanding Investment Directions - The hiring of foreign advisors reflects support from foreign shareholders and the sharing of investment expertise, which is crucial for navigating complex overseas markets [4] - Public funds are increasingly focusing on global asset allocation capabilities, with a rich lineup of QDII funds covering various international markets, including the US, France, Japan, and more [4] - The popularity of certain QDII funds is evident, as seen with the招商利安新兴亚洲精选ETF reaching its fundraising cap of 1 billion yuan in just one day [4] Group 3: New Fund Offerings - The mutual recognition fund shelf has seen new additions this year, with Morgan Asset Management reporting three new mutual recognition fund products [5] - Multi-asset allocation capabilities are gaining importance, with FOF (Fund of Funds) becoming a key vehicle for diversification, emphasizing the need for familiarity with different asset classes [6]