According to Jin10 data on July 30, overall, since the beginning of this year, the enthusiasm for self-purchase by public funds has been steadily increasing. Choice data shows that as of July 29, there have been a total of 126 fund companies that have self-purchased their own products this year, with a cumulative self-purchase count of 5429 times. Among them, the net subscription amount for mixed and stock funds by fund companies is 2.537 billion yuan. Industry insiders believe that since the second half of the year, several fund companies have initiated self-purchases, with the core reason being their relatively optimistic judgment on favourable information from the policy side and the economic fundamentals. The action of fund companies entering the market through high-performing fund products has sent a positive signal to the market.
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126 public sales have made over 5400 self-purchases this year, signaling a proactive investment approach from fund companies.
According to Jin10 data on July 30, overall, since the beginning of this year, the enthusiasm for self-purchase by public funds has been steadily increasing. Choice data shows that as of July 29, there have been a total of 126 fund companies that have self-purchased their own products this year, with a cumulative self-purchase count of 5429 times. Among them, the net subscription amount for mixed and stock funds by fund companies is 2.537 billion yuan. Industry insiders believe that since the second half of the year, several fund companies have initiated self-purchases, with the core reason being their relatively optimistic judgment on favourable information from the policy side and the economic fundamentals. The action of fund companies entering the market through high-performing fund products has sent a positive signal to the market.