The scale of 35 trillion yuan should be a new starting point for the high-quality development of public funds.

According to data from the China Securities Investment Fund Industry Association, as of the end of July this year, the scale of China's public fund asset management has exceeded 35 trillion yuan for the first time, reaching 35.08 trillion yuan. Behind the record high scale of public fund asset management is the overall improvement of the market environment and the gradual restoration of investor confidence. Since the second quarter of this year, the market has been volatile but trending upward, with equity funds performing well. Choice data shows that from April to August this year, the average return of actively managed equity funds was 22.79% and the average return of actively managed equity-oriented hybrid funds was 21.49%. In just five months, such outstanding performance returns are undeniably attractive to the vast majority of investors. It is worth noting that the repeated record high scale of public fund asset management is driven by ETFs. Statistics show that the ETF market has experienced explosive growth this year, with the latest scale exceeding 5 trillion yuan, and an increasing number of investors are entering the market through equity ETFs.