A Shares "Spring Market" Germinating Public Offering To Seize The Opportunity To Grab Shares Based "Gold Absorption"

In January 7th, A shares continued strong, and Shanghai Stock Index stood on 3100 points. Under the sprouting of the "spring market", the fund company will accelerate the issuance of the new fund.

In fact, in 2019, the public offering fund had relied on its excellent performance to reproduce its strong ability to absorb gold. Since the end of last year, the number and distribution scale of the newly established funds have increased significantly. Some public funds have made new funds through the excellent performance, especially the new fund of star fund managers and blue chip fund management.

In 2020, the new fund's accelerated admission is still continuing. As of January 7, 2020, 4 new funds had been established and 157 funds were being issued.

New fund accelerates

"Now the overall market environment is good, our products are in various categories, including ETF, bond type, equity fund and so on. Different types of products aim at different customer types. At present, there are demand in the market. The rights and interests products are mainly personal customers, and ETF and bond products are mainly institutional customers. " In January 7th, a large fund company in Shenzhen said.

"For a company with a certain scale and channel base, it is fairly good now." Above Beijing large fund company personage says.

Wind data show that as of January 7, 2020, 157 funds were being issued.

In fact, the admission of new funds has accelerated in 2019. Wind data statistics, in 2019, 1568 new funds in the whole market (A/C separately calculated, the same below), total raised 1 trillion and 440 billion yuan, second only to 1 trillion and 646 billion yuan in 2015.

In the last two months of 2019, the speed of the public offering of the new development fund was further accelerated. The new fund set up to 432, accounting for nearly 30% of the total number of new funds in the whole year, and 28%. The scale of the new fund raising was 550 billion yuan, accounting for 33% of the total scale of the new fund-raising for the whole year.

According to Wind statistics, in the 11 and December, the newly established bond funds, which are mainly institutional clients, still account for a large number of funds, with a total of 215 funds and 400 billion fundraising funds, which account for 50% and 73% of the new fund in the same period. In addition, there are 106 equity funds, 70 billion yuan for fund-raising, 101 for mixed funds and 80 billion for fund-raising.

A large fund company in Beijing, a sales department, told reporters: "in recent year, there are more hot spots in the market. Fund companies will rush to produce products when they are able to do so. The type of issuance is not necessarily based on the positioning characteristics of each company and the reserve of fund managers."

However, in 2020, equity products became a new trend for fund companies to issue new products. Some fund companies seize the opportunity of 2019 equity products' performance and actively issue equity products.

A fund company in Shanghai said that the company took advantage of the current market trend to issue some equity products, including the active equity products of the blue chip fund managers, and actively layout quantitative products, such as ETF and connectivity, broad base and industry index, index enhancement and so on.

"Now the product is good or bad, depending on which company and which fund manager, the product of the fund manager who ranked the best in 2019 must be good." The Shanghai fund company said.

A Shenzhen fund company also told reporters, "this year we mainly issue equity funds, which is the core competitiveness of the fund company, good performance will be very good. Regulators are also encouraging everyone to invest in equity. "

Another Southern China fund company official said, "our product plan in 2020 was fixed at the beginning of the year, and released according to the established rhythm. At present, the plan I see is the same as that in 2019, and the number of plans is almost the same. This year we focus on equity products. "

A bank fund manager said that the advantage of the company is investment in fixed income products. However, at present, regulators are encouraging the issuance of equity products. The new strategy for the company's new year plan is multiple passive equity products as tools.

A Shanghai fund company official said that the medical theme Fund issued by the company was well sold at the end of last year, but the bond fund issued by the same period was not very satisfactory. The company is now declaring an equity fund. "Equity funds are better at present."

At the same time, a number of fund companies said that regulators did speed up the examination and approval of equity products.

Star fund managers frequently burst

Since the end of last year, the attraction effect of the new equity fund issued by star fund managers and blue chip fund managers has become a major market attraction.

In January 3rd, the first equity fund set up by public offering in 2020 was the explosive product. Liu Su managed the the Great Wall quality growth mixed securities investment fund set up over 6 billion 700 million yuan.

According to the daily fund net data, the total scale of Liu Su's dynamic balancing hybrid fund, which is managed by Mr. Wang, is about 8 billion 610 million yuan. In 2019, it achieved a net growth rate of 50%, ranking the first 1/5 in similar products. If it is extended to nearly three years and is located in the former 1/10, the fund will be awarded the 2017 mixed star fund and the 2018 Morning Star Fund Award.

This star effect is not a case in the new fund issue. In December 31, 2019, the Dacheng Fund announcement showed that the Dacheng hybrid fund established by Xu Yan, a star fund manager, established 5 billion 422 million shares for the first time, and the number of effective households exceeded 60 thousand.

The most prominent star effect is the December 20, 2019, 2019 performance champion Liu gsong's new fund - GF technology innovation hybrid fund. The new fund is considered to be a replica of its champion fund. The fund has been sought after by the people of the capital. The first day of the first day was over 30 billion yuan, the fund's quota was 1 billion, and the placement ratio reached a new low of 3.3%.

In December 23, 2019, star fund manager Xie Zhiyu's new Xingxing social value held a mixed fund for three years, and it was also sold out one day, which was more than ten billion yuan in pursuit of funds. The fund's quota was 1 billion, and the trigger ratio was rationed and the placement ratio was 29.16%.

Take the time far away. In October 17, 2019, Xingquan and Thailand mixed gold for nearly 50 billion yuan, which was issued by Xingquan fund, which is famous for equity products. The fund's issuing limit was 6 billion, and the final valid subscription was 12.12%.