"Fixed Income +" fund has grown for two consecutive quarters and may become a hidden driver of A-share market trends.

According to Wind data statistics, as of the end of August this year, out of more than 1750 "fixed income +" funds, over 1700 funds have achieved positive returns so far this year, with a median return rate exceeding 3%, and over 30 funds have achieved a return rate exceeding 20% within the year. The good performance of the products has also driven the continuous inflow of funds. Data shows that after the scale of "fixed income +" funds increased by 8.19% in the first quarter of this year, it continued to grow by 5.77% in the second quarter, with a total scale approaching 2 trillion yuan, achieving positive growth in two consecutive quarters for the first time since 2022.