1 market structure: a few funds account for most of the total assets of the fund. According to the size of the total assets of the fund, we divide the fund into small, medium and large funds on average to ensure that the number of funds of different sizes is basically the same. By September 30th, 200010, the average assets of large equity funds and hybrid funds were 9.267 billion and 9.676 billion respectively, the average assets of medium equity funds and hybrid funds were 2.444 billion and 3.209 billion respectively, and the average assets of small equity funds and hybrid funds were 582 million and 588 million respectively. The assets of medium and large funds account for more than 90% of the total assets of the fund. As of September 30th, 20 10, the total assets of large-scale funds reached 676.652 billion, accounting for 74.73%, and the total assets of medium-scale funds accounted for 20.68%. Among hybrid funds, the total assets of large-scale funds reached 5 174.6 1 100 million, accounting for 7 1.92%, while the total assets of medium-scale funds accounted for 23.89%. It can be seen that the total assets of medium and large funds account for more than 95% regardless of equity funds or hybrid funds. 2 Net worth performance: Medium-sized funds have good growth and resilience, while medium-sized funds have relatively good performance. In the past three years (from June 30, 2007 to June 30, 2065, 438+00, 10), the Shanghai and Shenzhen 300 index fell by 38.64%. During this period, the average net value of large equity funds and hybrid funds decreased by 20.20% and 16.46438+0%.