In January, the fund issued 166.6 billion equity, accounting for 57percent

category:Finance
 In January, the fund issued 166.6 billion equity, accounting for 57percent


Equity Fund issuance accounted for 57%

According to wind data, 86 new funds were established in January this year, raising a total of 166.563 billion yuan, and the average issuance scale of a single fund was 1.937 billion yuan. Compared with the data of each month in 2019, although January 2020 is affected by the Spring Festival holiday, the number of newly established funds and the scale of fund raising are not low. The issuance share is second only to that of each month in the fourth quarter of 2019, and the average issuance scale of a single fund is second only to that of November and December of last year. This also shows that under the profit-making effect of public funds in 2019, the fund issuance market at the beginning of the year is hot, especially the equity fund issuance.

This is also supported by the categories of products released. Hybrid funds accounted for half of the total issuance market in January, with 33 hybrid funds established, raising a total of 86.266 billion yuan, accounting for 51.79% of the total scale of the current month. 20 equity funds were set up, raising a total of 23.63 billion yuan, accounting for 14.19% of the total scale of the current month. These two types of products account for about 66% of new products. Excluding mixed funds of partial debt, equity funds (equity, mixed partial shares and flexible allocation) raised a total of 94.5 billion yuan, accounting for 57%.

30 bond funds were issued and established, raising 53.283 billion yuan, accounting for 31.99%. In addition, three QDII funds were established in the same month, including China Merchants global allocation, e-fonda global pharmaceutical industry and Tianhong Vietnam market, with a total of 3.384 billion yuan raised by the three funds. Since 2019, there are not many months when the number of QDII funds established in a single month is more than 3.

Two types of funds are popular in the market

Specifically, in equity funds, huitianfus core assets in the market became the largest fund issued in January, raising 11.32 billion yuan. The fund is a partial hybrid fund, which has been issued since January 2 and has only been raised for 5 days. Judging from the net value performance of the fund since its establishment, the fund has shown signs of position building, but it is still likely to be in the bottom stage.

In addition, the large-scale equity funds issued include Jingshun great wall quality growth, BOCOM core drive, Hongde Fengruns three-year holding, Fuguos leading advantage, Huaxia Guozheng semiconductor chip ETF, with the scale of 6.723 billion yuan, 5.932 billion yuan, 5.854 billion yuan, 5.461 billion yuan and 5.388 billion yuan respectively. Except for Huaxia Guozheng semiconductor chip ETF, the issuance days of other funds are no more than 4 days, and Jingshun Great Wall, BOCOM and gf are all fund companies with better performance in 2019. The scale of issuance of Guangfa high dividend premium and Agricultural Bank of China Huili innovative medical care exceeded 4 billion yuan. In the fixed income fund, it is still the main beam of the fixed open debt base of the amortized cost method valuation. Boshi Wenyues 63 month fixed opening debt, Huaan Xinpus 87 month fixed opening debt, fuguohui excellent pure debt and Minsheng plus Yinjuxiangs 39 month fixed opening debt are significantly ahead of other funds, reaching 8 billion yuan, 8 billion yuan, 7.999 billion yuan and 7.80 billion yuan respectively. The issuing scale of the rest of the bond bases is less than 5 billion yuan. Source: financial investment journal, editor in charge: Ren Hui, nbj9607

In addition, the large-scale equity funds issued include Jingshun great wall quality growth, BOCOM core drive, Hongde Fengruns three-year holding, Fuguos leading advantage, Huaxia Guozheng semiconductor chip ETF, with the scale of 6.723 billion yuan, 5.932 billion yuan, 5.854 billion yuan, 5.461 billion yuan and 5.388 billion yuan respectively. Except for Huaxia Guozheng semiconductor chip ETF, the issuance days of other funds are no more than 4 days, and Jingshun Great Wall, BOCOM and gf are all fund companies with better performance in 2019.

The scale of issuance of Guangfa high dividend premium and Agricultural Bank of China Huili innovative medical care exceeded 4 billion yuan.

In the fixed income fund, it is still the main beam of the fixed open debt base of the amortized cost method valuation. Boshi Wenyues 63 month fixed opening debt, Huaan Xinpus 87 month fixed opening debt, fuguohui excellent pure debt and Minsheng plus Yinjuxiangs 39 month fixed opening debt are significantly ahead of other funds, reaching 8 billion yuan, 8 billion yuan, 7.999 billion yuan and 7.80 billion yuan respectively. The issuance scale of other bond bases is less than 5 billion yuan