Public offering FOF performance and size "double growth" Index investing is gradually becoming the mainstream of asset allocation.

Statistics from Choice show that as of July 15th, public FOFs have generally gained positive returns this year, with only 5 products experiencing minor losses and an average return of 4.24%. According to the same source, as of July 16th, based on the fund's establishment date, a total of 34 public FOFs have been issued so far this year, close to the 38 issued in the whole of last year. The total and average number of shares issued are 330.18 billion shares and 10.32 billion shares respectively, compared to 115.98 billion shares and 3.05 billion shares issued last year. The proportion of FOFs in the issuance of new funds in the overall market has risen to 5.85%, the highest since the introduction of FOFs in 2017. As the market gradually heats up, the asset allocation of FOFs is also changing. Many industry professionals believe that with advantages such as low cost, high transparency, clear rules, and risk diversification, index products such as ETFs are gradually becoming the mainstream tool in wealth management.