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How much money can Public Offering of Fund raise for the first time?
The total amount of closed-end funds reaches more than 80% of the approved scale; There are more than 200 fund share holders;

No less than 200 million open-end fund shares, no less than 200 million yuan raised by the fund, and no less than 200 fund share holders.

8 new funds established in 2011raised a total of1627.5 billion yuan, with an average initial fund of 2.034 billion yuan, slightly lower than last year. According to statistics, in 20 10, new funds were established 147, and the funds raised were 3 100 billion yuan, with an average of 2 109 million yuan raised by a new fund. In 2009 1 18 new funds raised 376.3 billion yuan, with an average of 3189 million yuan raised by a single new fund.