Public offering sprint layout at the end of the year, passive index products may become a "winning hand".

As the year-end approaches, many fund companies are seizing the time window to launch new products. Among the new products, the number and proportion of passive index funds far exceed other types. Looking at the data from the fund quarterly reports, although the performance is remarkable, the share of actively managed equity funds is shrinking, and the net redemption pressure of existing funds is increasing. Industry insiders say that the large issuance of passive products not only serves to expand scale and fill product lines, but may also become a "winning hand" in the year-end fund company size ranking.