A batch of actively managed equity funds has restricted purchases. Analysts: Controlling fund size and maintaining stability in fund operations may become the primary consideration.

date
07/06/2025
Recently, a batch of actively managed equity funds with good performance have implemented purchase restrictions, with limits ranging from 10,000 to 100,000 yuan. Some industry insiders believe that many funds have seen significant increases in net asset value in the previous period, and the decision to restrict purchases may be due to the lack of clear trend opportunities in the market. Introducing large amounts of new capital not only dilutes the returns of existing shareholders, but also may not find better investment opportunities in the current market conditions. Therefore, maintaining the stability and balance of the current portfolio becomes the main consideration. Some analysts also point out that the market capacity for different fund strategies varies, for example, some funds focus on investing in small and medium-sized stocks, which often have relatively small market values and are not suitable for very large-scale products.