In the first month of 2022, Public Offering of Fund continued to climb the peak against the trend. According to the latest data released by China Fund Association, by the end of 2022 1, the net asset value of Public Offering of Fund in China reached 25.87 trillion yuan, an increase of 311500 million yuan from the previous month, and the total share increased by over one trillion shares. Today, Bian Xiao has compiled some fund-related knowledge for everyone. Let's have a look!

The scale of public offering has reached a new high

In the first month of 2022, the performance of the stock market was bleak, setting the worst start in six years. However, the scale of Public Offering of Fund is still growing against the trend. At the end of 65438+ 10 this year, the scale of fund offering has set a new record at the end of 65438+ in February last year, reaching a record high.

According to the Public Offering of Fund market data released by China Fund Industry Association on the evening of March 3rd, as of the end of 20 1 1, there were 137 fund management companies nationwide.

Among them, there are 45 foreign fund management companies and 92 domestic fund management companies; There are two securities companies or asset management subsidiaries of securities companies 12, and two insurance asset management companies that have obtained Public Offering of Fund management qualification. Overall, the net assets of Public Offering of Fund managed by the above institutions totaled 25.87 trillion yuan, a record high.

Compared with the end of 20021,the overall net worth of Public Offering of Fund continued to increase by1.500 million yuan this month, up by 1.22% from the previous month. The fund share increased from 265,438+0.78 trillion shares to 22.82 trillion shares, an increase of 65,438+00332.0/kloc-0.0 billion shares, with a quarter-on-quarter increase of 4.74%.

Compared with the last month of last year, the scale growth of Public Offering of Fund accelerated in the first month of 2022. According to the data of fund industry association, the share and scale of fund public offering increased by 0.79% and 0.95% respectively in 20021and 65438+February. Comparing with the past data, June 5,438+10 was also the fourth consecutive month that Public Offering of Fund achieved positive growth since June 65,438+10 last year.

In the past year, the total scale of Public Offering of Fund has grown steadily, achieving considerable increment and growth rate. As of the end of this year 1 period, the overall net worth of Public Offering of Fund increased by 25.64% year-on-year, an increase of more than one quarter; In the same period, the overall share increased by 5.34 trillion copies, an increase of more than 30%.

From the perspective of monthly scale, from the end of 20021to the present, only in March and September last year, the scale of fund public offering decreased slightly, and other 10 months achieved positive growth.

From a longer-term perspective, with the strength of the market and the release of the money-making effect, Public Offering of Fund has achieved a large-scale leap-forward growth in the past two years.

From 1 in 2020 to 1 in 2022, the scale of fund public offering increased by 10 trillion, with a growth rate of 67%. Especially since July 2020, the total scale of Public Offering of Fund has achieved positive growth for eight consecutive months. In just eight months, the scale has increased by nearly 5 trillion, driving the overall scale of Public Offering of Fund to break through the four integer barriers of 18 trillion, 19 trillion, 20 trillion and 2 1 trillion.

In March last year, with the collective sharp correction of white horse stocks, the scale of public offering also declined slightly. But soon in April, Public Offering of Fund regained its upward trend and broke through the 22 trillion mark. After that, although there were twists and turns, it still hit new highs continuously, breaking through the 23 trillion, 24 trillion and 25 trillion marks in June, August and165438+1October respectively.

Debt base and goods base are the main growth forces.

As far as the types of funds are concerned, the shares of the seven categories of funds disclosed by the association have increased compared with 65438+February last year. However, in terms of scale, only bond funds and money funds have increased, while the latest scale of QDII funds, equity funds and hybrid funds has shrunk.

Judging from the change of share data at the end of this year 1, the share of money funds and bond funds in various funds has increased greatly. Specifically, bond funds increased from 3.56 trillion at the end of last year to 3.8 1 trillion at the end of this year, with a net increase of more than 300 billion shares, an increase of 7. 13% from the previous month. At the same time, the size of bond funds has also increased by more than 7%.

From June 5438+ 10, the growth momentum of the money fund was also very strong, with the same growth in share and scale, both increasing by 6.09%. In terms of specific growth, the monthly share of the Monetary Fund increased by 575.765 billion shares and the scale increased by 576.806 billion shares. After the centralized influx of funds in June 5438+ 10, the total share and scale of the monetary fund both exceeded 10 trillion.

As two important categories in Public Offering of Fund, bond funds and money funds became the main force of the total fund scale growth in June 5438+ 10. Because from the perspective of net asset value scale, only these two types of funds have achieved positive growth.

A person from a veteran public offering asset allocation department in Shenzhen said that this was mainly due to the volatility of the stock market in June 5438+ 10, and the demand for safe-haven fund allocation was high. In April, the risk appetite of fund investors was still at a low level, which boosted the share of fixed-income products such as debt-based and goods-based products. On the other hand, in June this year, 5438+ 10, bond funds performed well as a whole. Excluding the debt bases with changing net value, 3,380 debt bases rose, accounting for 80% of the total of 4,244 debt bases. The growth of unit net value also boosted the growth of the fund's net assets.

However, it is worth noting that in June 5438+ 10, the share of equity funds and equity funds rose against the trend, with equity funds increasing by 70 billion shares and hybrid funds by more than 1000 billion shares. However, due to the continuous correction of the A-share market, the net value of ordinary equity funds and hybrid funds generally fell, and finally failed to achieve monthly growth in scale.

"Wind data shows that A shares suffered a shock and fell in June 5438+ 10. From the main indexes, the Shanghai Composite Index fell by 7.65% in a single month, the Shanghai and Shenzhen 300 Index fell by 7.62%, and the Shenzhen Component Index and the Growth Enterprise Market both fell by more than 10%. In this context, the overall profit-making effect of equity funds in June 5438+ 10 was weak. " The above-mentioned public asset allocation department said that this is also the reason why its share has increased but its scale has shrunk.

In addition, QDII funds with a small total share increased by nearly 654.38+046 billion shares in June, an increase of more than 8%. However, due to the turmoil in overseas markets, the net value of QDII funds has also fallen more and increased less, and its scale has shrunk from last month.

Shake the market and stabilize the products.

Under the constant adjustment of the market, the "fixed income+"products across the stock and debt market once again stood on the forefront and were sought after by many investors. In the industry's view, such products are expected to become one of the important growth points of future public offerings.

With the recognition of "fixed income+"funds by partial debt hybrid funds and secondary debt bases, many Public Offering of Fund are also actively deploying "fixed income+"funds.

Wind data shows that by the end of 20021,the number of "fixed income+"funds has exceeded 1000, reaching 1066; 136 fund managers have a total scale of 1.95 trillion yuan, approaching the 2 trillion mark, with a year-on-year surge of 951700 million yuan. Last year, the total scale of raising new products of "fixed income+"reached 494.074 billion yuan, a record high, and at the same time, the number of funds of "fixed income+"was promoted to more than 654.38+million.

Since 2022, the popularity of "fixed income+"funds has continued. As of March 3, 45 "fixed income+"funds have been established this year, with a total issuance scale of nearly 45 billion yuan. Many large and medium-sized fund companies have also made efforts in the field of "fixed income+",and some fund companies have even sent senior people with rich experience in asset allocation for many years to take charge of their "fixed income+"products.

A person from a fund company said, "In the future, the A-share market as a whole will present a structural market. In this context, both fixed income and the development of stock and bond investment have broad prospects. While fund companies are stepping up their layout, in the face of the continuous exploration and style evolution of the equity market during the year, many investors are aware of the importance of asset allocation, and the enthusiasm for subscribing and purchasing fixed income+funds is also high. "

Zhou Zhiyuan, deputy general manager of Caitong Asset Management, pointed out that the cognition of ordinary investors is gradually getting out of the misunderstanding, and "fixed income+"products have become one of the alternative varieties of bank wealth management, taking on a trillion-dollar market space.

Zhou Zhiyuan emphasized that fixed income+is a huge system, and products such as convertible bond strategy fund, partial debt mixed fund, secondary debt base and even partial debt mixed FOF and CTA strategy all belong to the category of fixed income+products. Therefore, fixed income+is not a simple superposition, but from the perspective of fixed income, we should strengthen the analysis ability and data processing ability of cross-category assets, and allocate large-scale asset allocation and industry index style rotation in a more targeted "+method", so as to strive for "standing at the forefront when the wind comes", not miss the real large-scale investment opportunities, and strive to obtain excess returns with controllable risks.