Recently, FOF distribution has declined for a short time due to pressure on performance, and the fundraising period for many products has been extended over and over again. Judging from statistics, FOF established in the second half of the year showed a significant decline in terms of average fundraising scale and number of subscribers compared to the first half of the year. Interviewees believe that the equity market has continued to fluctuate since July, and the pressure on FOF's performance has directly curtailed enthusiasm for capital subscriptions. However, looking at the whole year, FOF still achieved a total scale increase of more than 80 billion yuan, and is one of the few varieties that have achieved significant growth on a large scale. In the long run, FOF's underlying assets are accelerating their evolution into multiple categories such as bond ETFs and gold ETFs, compounding the rise of innovative instruments such as ETF-FOF, and FOF still has more room for development.

Recently, FOF distribution has declined for a short time due to pressure on performance, and the fundraising period for many products has been extended over and over again. Judging from statistics, FOF established in the second half of the year showed a significant decline in terms of average fundraising scale and number of subscribers compared to the first half of the year. Interviewees believe that the equity market has continued to fluctuate since July, and the pressure on FOF's performance has directly curtailed enthusiasm for capital subscriptions. However, looking at the whole year, FOF still achieved a total scale increase of more than 80 billion yuan, and is one of the few varieties that have achieved significant growth on a large scale. In the long run, FOF's underlying assets are accelerating their evolution into multiple categories such as bond ETFs and gold ETFs, compounding the rise of innovative instruments such as ETF-FOF, and FOF still has more room for development.