Not necessarily. The market is changing all the time.

E Fund was established on 200 1. E Fund provides asset management solutions for domestic and foreign customers through market-oriented and professional operation and relying on the capital market to achieve long-term sustainable return on investment. As of 202 1, 65438+2,31,the company's total assets management scale exceeds 2.7 trillion yuan, and it is a leading comprehensive asset management company in China, with customers including individual investors, social security funds, pensions, large financial institutions, overseas central banks and other institutional investors.

By the end of 20 16, E Fund managed 106 open-end funds. E Fund is one of the investment managers of the national social security fund and the basic endowment insurance fund, and also provides asset management services for insurance companies, finance companies, enterprise annuities, other institutional investors and high-net-worth people. In addition, E Fund can raise funds in China to invest in overseas capital markets through qualified domestic institutional investor Plan (QDII), and can invest overseas funds in China capital markets through RQFII. By the end of 20 16, the scale of fund public offering managed by E Fund totaled 428.290 billion yuan, ranking third in the industry.