"Eleven 'hot-selling' funds were newly issued in one day, heating up the market again."

The fund announcement on March 18 showed that there are 11 "small explosive" funds with a size of over 1 billion yuan in the entire market, of which 7 are actively managed equity funds and FOFs, and the issuance heat is still rising. As of March 18, there were 34 actively managed equity funds with a fundraising scale of over 1 billion yuan so far this year, accounting for over 35% of the total number of similar funds established this year; there are 22 FOFs with a fundraising scale of over 1 billion yuan, accounting for 50% of the total number of funds established this year. The large amount of fundraising also brought about two changes: first, the effective number of subscribers for actively managed equity funds has returned to the level around October 2021; second, with the help of multiple products being "sold out in one day", the total scale of FOFs has exceeded 300 billion yuan for the first time.