On May 6th, it was found that in the new fund issuances in April, equity products continued to be strong, occupying half of the market; FOF funds have emerged as a rising force with their advantage in “dumbbell shaped” allocation, and their head effect continues to strengthen. Specifically, 119 new funds were issued in April, raising a total of 90.156 billion shares. Among them, stock funds raised a total of 43.553 billion shares, accounting for 48.31%; The average fundraising scale of the four FOF funds reached 2.221 billion shares, becoming a sought after “anti volatility” tool for funds in volatile markets.
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