13 floating rate funds established, with a total fundraising scale exceeding 12.6 billion yuan.

On June 21, a total of 8 public funds including Huaxia Fund, Fuguo Fund, and Huitianfu Fund announced the establishment of their floating rate funds. Among the first batch of 26 new floating rate funds, 13 have already been established with a total fundraising scale exceeding 12.6 billion yuan. Specifically, among the 13 funds, 3 funds have raised over 1 billion yuan. Among them, the Eastern Red Core Value Fund with a fundraising scale of 1.991 billion yuan ranks first, followed by the E Fund Growth Pioneer and Ping An Value Experience with fundraising scales of 1.704 billion yuan and 1.322 billion yuan respectively. The remaining 10 funds have fundraising scales of less than 1 billion yuan, but the scale differentiation among them is more obvious. The YinHua Growth Smart Selection, Tianhong Quality Value, and Jiashi Growth Win-Win products have fundraising scales of over 900 million yuan, while the HongLi RuiZhi Navigation and Huitianfu Balanced Potential Selection products have fundraising scales of over 800 million yuan. In addition, the Huaxin Competitive Advantage and Guangfa Value Steady Progress funds have fundraising scales of less than 700 million yuan, with 510 million yuan and 694 million yuan respectively. The Boshizhuorui Growth Fund has a fundraising scale of 259 million yuan, which is the smallest among the 13 funds established.