It is supervised by the competent government department.

Public Offering Fund refers to a securities investment fund that raises funds from public investors in an open way and invests in securities. Publicly raise funds through the mass media, and promoters gather public funds to set up investment funds for securities investment. Under the strict supervision of the law, these funds have industry norms such as information disclosure, profit distribution and operation restrictions. For example, at present, the closed-end funds in the domestic securities market belong to Public Offering of Fund. Public Offering of Fund and private equity funds have their own advantages [1], and their healthy development is of vital significance to the development of financial markets.

Chinese name

public fund

Foreign name

Public offering fund

kind

securities investment funds

application area

finance

superiority

Great potential for raising funds

88% people also watched it.

Top Ten Private Equity Fund Companies in China

Private equity fund ranking

Public Offering of Fund company ranking

Tian Hong Fund

Development situation

The number of new fund subscribers reflects the degree of investors' participation. This year's new fund raising data shows that retail investors are moving away from Public Offering of Fund.

Wind statistics show that by the end of August, in the three quarters since this year, Public Offering of Fund has issued 67 partial stock funds, and only 1.26 million investors (regardless of duplication, the same below) participated in the subscription of new funds.

Similarly, in 20 10, Public Offering of Fund issued 100 partial stock funds, and 29 100 investors participated in the subscription. In the bull market in 2009, 57 100 households participated in the subscription of these partial stock funds.

Retail investors are far away from funds more seriously than in 2008.

Even in 2008, Public Offering of Fund issued 1 15 partial stock funds, and 17 10000 investors participated in the subscription of new products.

Obviously, according to the current trend of partial stock fund raising, it is still a big challenge for Public Offering of Fund to reach or exceed the subscription volume of 2008 17 100 households in 20 1 year.

This figure is even worse than in 2007. At that time, the * * plan of "investing in Morgan's domestic demand" attracted 1.79 million investors, followed by "China Post Core Growth" and "China Blue Chip Core", with 1.59 million and 1.08 million respectively.

According to this data, the number of subscribers of all new funds since 20 1 1 is not as good as that of a single fund issued in 2007.

In 2007, when retail investors participated extensively,18.25 million investors participated in the subscription of Public Offering of Fund, and these new funds raised 448.5 billion shares in the first round. However, the subsequent bear market made these fund investors suffer heavy losses.

At present, the difficult situation of the new fund has brought the fund sales staff back to a year of deja vu. Under the double blow of macro-tightening and the downturn of A-share market, Public Offering of Fund raised a low amount, but the big bull market that started in 2005 changed this pattern. Two years later, Public Offering of Fund's assets exceeded 3 trillion yuan.

On the other hand, Public Offering of Fund's net redemption continues. The net redemption of partial stock funds in the first quarter was 62.6 billion, the net redemption of partial stock funds in the second quarter was 654.38+042 billion, and the net redemption in the first half of this year was 76.8 billion.

From the perspective of continuous marketing, as of the end of the first quarter, less than 200 funds had net subscriptions and nearly 500 had net redemptions. The latter is much bigger than the former.

"Buying" is highly institutionalized.

While retail investors abandoned it, the newly developed public offering also showed a high degree of institutional characteristics.

With 67 funds raising 84.9 billion shares and 65.438+0.26 million investors, the average subscription per household is close to 70,000 yuan, which is already a very high value when the stock market is still not improving.

Even in the worst year of 2008, Public Offering of Fund * * * raised 90.7 billion partial stock funds, and the average subscription amount was only about 50,000 yuan, which was still far below the average level of 20 1 1 year in Public Offering of Fund.

Previously, the CSRC had issued a policy requiring fund companies not to adopt a "one-time reward" approach in fund sales. However, from time to time, there are stories of fund companies offering generous rewards in violation of regulations in order to expand their scale.

"Some companies in Shanghai give a one-time reward of two thousandths of the channel and sell the fund as a low-risk bank wealth management product, and the natural quota will go up." The marketing director of the above-mentioned Shenzhen fund company is indignant about this.