The initial size is nearly 1.5 billion yuan! Wanji Fund welcomes another popular FOF.

On March 13th, Wanjiarun Anwenjian, a stable three-month holding period mixed type FOF, officially ended its fundraising. The fund's initial size was nearly 1.5 billion yuan. The trend of funds reflects that in an environment of overall declining financial returns, FOF products with asset allocation and risk diversification functions are becoming increasingly attractive. Wind data shows that as of March 10th, there are 34 new FOF products in the market, with a total fundraising amount of 48.03 billion yuan, an increase of 183.33% and 257.55% year-on-year respectively, far exceeding the average growth rate of public funds in the same period. It is worth mentioning that Wanjiqitai, also positioned as a low-volatility fixed income product, was the first "one-day sold out" fund of this year.