A number of new funds have been closed in advance and have bank outlets to sell 500 million yuan in ten minutes

Our reporter Peng Yan

　　"There is no hottest, only hotter!"

　　The strong performance of the stock market has led to the hot issuance of new funds. Recently, a reporter from "Securities Daily" visited a number of bank branches in Beijing and found that the current investors' enthusiasm for fund subscriptions remains unabated.

　　A number of account managers revealed to the "Securities Daily" reporter that the fund issuance market has been very lively recently, especially in the case of equity-type new funds. There have been many fund products with a scale of more than 10 billion yuan. Many of them are due to Sales were so hot that the solicitation ended early.

　　Explosive funds become a bank agency to sell "Xiang饽饽"

　　"Securities Daily" reporters visited a number of bank outlets and found that in some bank outlets, the scene of queuing to subscribe for new funds reappeared.

　　At a branch of a major state-owned bank, the lobby manager at the front desk asked the reporter about the reason for the visit, and then directed the reporter to the wealth management area for "one-to-one" service. According to the bank’s account manager, fund sales have been relatively good this year, especially since July, the stock market has ushered in a wave of rising market, and investors have paid more attention to funds. "In February this year, several customers bought the fund on my recommendation, and now the yield has reached 30%. We will also launch a hot fund in the near future." The bank's account manager said.

　　Speaking of hot fund products, the account manager of a joint-stock bank introduced a new product to a reporter from the Securities Daily: "A new fund sold by our bank on behalf of the bank a few days ago, an appointment was made three days in advance, and the first day was only ten minutes. I made an appointment and purchased 500 million yuan."

　　“Most of the current hot funds are new funds. Some will be allocated proportionally, and some will end the fundraising early. Due to the hot sales, the fundraising period is usually only one day." The account manager of another joint-stock bank also said that with the fund The money-making effect is evident, and investors' recognition of funds is getting higher and higher, so they sell very quickly. The bank’s account manager told a reporter from the Securities Daily: “Recently, a fund sold by our bank on its behalf attracted about 15 billion yuan in subscription funds on its first launch day, which is far greater than the fund’s 8 billion yuan sales target. Manage the fund better and get good performance, so this fund has been allocated proportionally."

　　The "Securities Daily" reporter also learned that most of the fund products introduced by the above-mentioned bank account managers have the characteristics of large-scale management, fund managers with many years of investment experience and good management performance. Recently, many hot funds have voluntarily restricted the issuance scale. According to industry analysts, the size of the fund will affect performance to a certain extent. If the size of the product is too large, it will not only affect liquidity, transaction frequency, etc., but also constrain the fund manager's trading strategy. The difficulty of management is high and performance is difficult to guarantee.

　　Partial stock hybrid funds are the most sought after

　　During the visit by a reporter from the Securities Daily, an account manager of a major state-owned bank told the Securities Daily reporter that a large number of new funds have been issued this year. Among them, partial stock hybrid funds are the most popular among investors. "Most of the fund managers of these products have outstanding investment capabilities and have a good reputation in the market, and the new products are basically under the command of star fund managers."

　　"Securities Daily" reporter noted that since this year, more and more bank account managers recommend funds in their circle of friends, especially partial-equity funds. There are also many account managers who take the initiative to inform customers when to start by phone, WeChat, etc.

　　Behind the hot fund sales is the massive issuance of new funds. Wind data shows that as of July 31, 819 new funds have been established this year, with a total fundraising scale of 1,603.776 billion yuan, which has exceeded the 1.44 trillion yuan issuance scale in 2019, with an average fundraising scale of 1.958 billion yuan. . Among them, equity funds occupy the mainstream position. In the first 7 months, 148 and 346 equity funds and hybrid funds were established, with a total of 227.334 billion yuan and 815.506 billion yuan respectively; the total equity funds raised reached 1.042.839 billion yuan, accounting for this year’s new fund establishment. 65% of scale. In addition, most of the tens of billions of new funds established this year are equity funds. In July of this year, a total of 7 new funds of ten billion yuan appeared, with a total of 538.94 billion yuan of funds raised, exceeding the 302.574 billion yuan of funds raised in May 2015, setting a new monthly issuance scale record.

　　Buying funds can’t be "on the whim"

　　"Securities Daily" reporters also found during the interview that, in the face of investors' enthusiasm for buying, account managers continue to emphasize investment risks while recommending products.

　　An account manager of a large bank branch introduced to reporters: “Many investors who have recently purchased funds have no stock investment experience before, nor have they studied and analyzed the investment style of fund managers. They only rely on their heads to buy funds. Which one to buy.” In this case, the bank account manager will emphasize the risk to investors, “As a medium and long-term investment and financial management tool, the fund is not suitable for frequent operation. Investors should base themselves on their own risk tolerance and financial strength. "

　　"Don't invest all your cash." This sentence has almost become the golden rule for bank account managers. A bank account manager suggested that financial management should do a good job in asset allocation. For example, the allocation ratio of partial equity funds can be between 10%-20%, and the allocation ratio of partial debt funds can be between 20%-30%. (Securities Daily)