Since 2026, FOF, which has been on the edge of the public fund market for a long time, ushered in explosive growth. According to Wind data, as of June 20, 88 new FOF funds had been established during the year, with a total issuance scale of 113.769 billion yuan, which not only surpassed the full year level of 2025, but also exceeded the historical peak set in 2021. At the same time, the average yield of FOF funds in the entire market reached 5.28%, showing steady resilience against risks in the context of equity market fluctuations. FOF is rapidly moving from being a “supporting role” of public funds to the center of the stage.

Since 2026, FOF, which has been on the edge of the public fund market for a long time, ushered in explosive growth. According to Wind data, as of June 20, 88 new FOF funds had been established during the year, with a total issuance scale of 113.769 billion yuan, which not only surpassed the full year level of 2025, but also exceeded the historical peak set in 2021. At the same time, the average yield of FOF funds in the entire market reached 5.28%, showing steady resilience against risks in the context of equity market fluctuations. FOF is rapidly moving from being a “supporting role” of public funds to the center of the stage.