244 funds close early for fundraising, "Ri Guang Fund" appears frequently

Data shows that as of July 9th, 244 funds have ended fundraising early this year, an increase of 45 funds compared to the same period last year. Equity funds are the absolute main force, with 80 passive index stock funds, 11 enhanced index funds, and 46 actively managed equity funds, indicating a clear signal of "entering the market through funds". It is worth noting that "hot funds" are emerging frequently, with the first batch of CSI REITs total return index funds being sold out in one day, and many FOFs and quantitative funds being quickly bought up. Why are these funds in a rush to "close doors"? Industry insiders revealed that the pace of building positions is crucial to profit and loss, the market is experiencing structural rallies, opportunities in sectors such as technology and innovative drugs are fleeting, and establishing funds early can seize opportunities. At the same time, products with set size limits are quickly filled, while those without limits terminate early to avoid diluting the returns of long-term shareholders.