Comprehensive Analysis of the Fourth Quarter Report of Public Offering Funds in 2024

The quarterly report for public offering funds in 2024 has been fully disclosed. The market size has reached a new high, exceeding 32 trillion yuan, with a quarter-on-quarter growth of 2.09%; there have been 264 new funds issued, with a total fundraising of 330.26 billion yuan. ETFs continue to be favored by the market, with the market size reaching 3.73 trillion yuan. Among them, the stock ETF market size is 2.89 trillion yuan, accounting for 77.69% of the total ETF market size. The stockpile size of the CSI A500 ETF has grown rapidly to around 200 billion yuan, and ETF products linked to various indexes are also developing rapidly, with sizes generally increasing by more than 10%. Overall net profit of public offering funds in the fourth quarter exceeded one trillion yuan, with science and technology-related ETF funds and semiconductor-related ETF funds ranking high in terms of profit. The product issuance size of public offering funds in the fourth quarter increased by 70.8% quarter-on-quarter, with new products mainly in bond and stock categories. **Fund Market Section** 01 Fund market size statistics 02 Fund market size statistics in the past three years The market size of public offering funds has steadily increased in the past three years. In the fourth quarter of 2024, the market size reached a new high, exceeding 32 trillion yuan, with a quarter-on-quarter growth of 2.09%; the non-currency market size had a quarter-on-quarter growth rate of 0.46%. 03 Top 20 fund net profits in the fourth quarter In the top 10 funds in terms of profit in the fourth quarter, most of them are ETF funds related to science and technology and semiconductors, with profits generally exceeding 20 billion yuan. 04 Net profits of public offering funds in the past three years In the fourth quarter of 2024, the overall net profit of public offering funds exceeded one trillion yuan. 05 Top 20 total profits of fund companies' managed funds in the fourth quarter. **ETF Section** 06 ETF market size statistics in the fourth quarter In the fourth quarter of 2024, the ETF market size reached a new high of 3.73 trillion yuan. The non-monetary ETF market size reached 3.57 trillion yuan. 07 ETF market size statistics in the past three years ETFs have developed rapidly in the past three years, with stock ETFs increasing significantly by 204.87% compared to three years ago. 08 Top 10 ETFs linked to broad-based indexes. 09 Top 10 ETFs linked to industry indexes. 10 Top 10 ETFs linked to theme indexes. 11 Top 10 ETFs linked to overseas market indexes. 12 Top 10 ETF linked to index-linked funds. **Asset Allocation Section** 13 Allocation of major asset classes In the fourth quarter of 2024, fixed income assets accounted for 54.21%, while equity assets accounted for 19.46%. 14 Percentage of holding A-shares In the fourth quarter, the market value of A-shares held by public offering funds was 5.89 trillion yuan, accounting for 16.92% of the total market value of A-shares. 15 Changes in stock positions The scale of actively managed stock funds has continued to decline in the past three years, with an average quarterly position ratio of 89.75%. 16 Distribution of holding industries 17 Top 20 heavy weighted A-shares 18 Top 20 increased holdings of A-shares 19 Top 20 decreased holdings of A-shares 20 Top 20 heavy weighted overseas holdings 21 Top 20 increased holdings of overseas shares 22 Top 20 decreased holdings of overseas shares 23 Top 10 industries with increased holdings 24 Top 10 industries with decreased holdings 25 Bond allocation types In the fourth quarter of 2024, financial bonds continued to rank first in terms of bond allocations, accounting for 41.83%. 26 Top 20 heavy weighted FOF funds 27 Top 20 increased holdings of FOF funds 28 Top 20 decreased holdings of FOF funds **Fund Issuance Section** 29 Statistics on fund issuance size in the past three years In the fourth quarter of 2024, the issuance size of public offering funds was 330.2 billion yuan, an increase of 70.8% compared to the third quarter. 30 Proportion of issuance size of various new fund types in the fourth quarter In the fourth quarter of 2024, bond and stock funds accounted for the largest share of the issuance size, totaling 95.21% of all new funds issued. This article is translated from the "Wind Wand" WeChat public account, GMTEight editor: Liu Xuan.