In September, the public fund issuance market performed well. According to the data, 213 new funds were established in September, with a total issuance share of 10.4017 billion shares, up 41.06% and 108.23%, respectively. Looking at the longer term, the number of newly established funds in September not only hit a new high during the year, but also set a new monthly high since 2022. “The rise in public fund issuance in September was the result of a combination of factors.” Dai Jingxia, a senior analyst at the Morningstar Fund Research Center, told reporters that after continuous turbulence and adjustment in the early stages, structural opportunities in the A-share market gradually emerged, and investors' confidence in the allocation of equity assets was restored; at the same time, in a low interest rate environment, investors' demand for allocation of stable products was strong, and bond funds and “fixed income +” products received high attention, which clearly supported the overall distribution scale; in addition, public funding institutions took the initiative to seize the market window, and the supply of new products increased markedly.

Zhitongcaijing · 2d ago
In September, the public fund issuance market performed well. According to the data, 213 new funds were established in September, with a total issuance share of 10.4017 billion shares, up 41.06% and 108.23%, respectively. Looking at the longer term, the number of newly established funds in September not only hit a new high during the year, but also set a new monthly high since 2022. “The rise in public fund issuance in September was the result of a combination of factors.” Dai Jingxia, a senior analyst at the Morningstar Fund Research Center, told reporters that after continuous turbulence and adjustment in the early stages, structural opportunities in the A-share market gradually emerged, and investors' confidence in the allocation of equity assets was restored; at the same time, in a low interest rate environment, investors' demand for allocation of stable products was strong, and bond funds and “fixed income +” products received high attention, which clearly supported the overall distribution scale; in addition, public funding institutions took the initiative to seize the market window, and the supply of new products increased markedly.