Public fund is a financial management tool that raises funds from the public and is managed by professionals. Under the background of increasing residents' demand and awareness of investment and financial management, public funds have been recognized by more and more investors, has become one of the important types of financial products for individual investors' Wealth Management .
China's "basic people" exceed 100 million! Over the past 20 years, public funds have created a return of nearly 6 trillion yuan
According to the report of CCTV2 economic information network on March 24, data show that by the end of 2021, the asset scale of China's public funds under management had reached 25 trillion yuan, the fund investment account had exceeded 600 million, and the number of people behind it had reached 100 million
China Galaxy Securities Co.Ltd(601881) Hu Lifeng, general manager of securities fund research center: this year is also a year after the formal implementation of the new regulations on asset management, so many asset management products and financial products will break the rigid exchange.
In this case, the professional and institutional advantages of public fund are further highlighted. It has the advantages of portfolio investment, compulsory custody, information disclosure and so on .
public data show that since the public funds came to China in 1998, they have created a cumulative return of nearly 6 trillion yuan for the holders for more than 20 years
Although from the data, public funds have brought huge profits to holders, but many investors said they did not make money in this regard, experts believe that there are huge individual differences among investors, and investors have difficulty in choosing investment from more than 14000 funds in the market , so the whole industry should provide investors with more diversified selection services.
China Galaxy Securities Co.Ltd(601881) Hu Lifeng, general manager of securities fund research center: there are many solutions, one is called fof (one basket Fund) . In addition, it is now being pushed out to be called fund investment adviser. The fund investment adviser institution will give investors the choice and position adjustment of funds in the fund account.
Another way is through the fund index, which is a fund portfolio constructed according to certain preparation rules and weight proportion, so that investors can do (Guide) transactions directly according to the index very simply and conveniently.
China's total open-end public funds rank fourth in the world
According to the report of China Securities Journal on March 24, on March 22, American Association of investment companies released the statistics of global open-end public funds in the fourth quarter of 202 7
According to the data, by the end of 2021, China's total open-end public funds ranked fourth in the world, accounting for 4.97% of the global total
By the end of the fourth quarter of 2021, the total size of global regulated open-end mutual funds was US $71.05 trillion.
By country, the top five global open-end mutual funds are the United States, Luxembourg, Ireland, China and Germany. The size of regulated open-end mutual funds in the United States is US $34.15 trillion, accounting for 48% of the global total. The size of Luxembourg's open-end mutual fund is US $6.64 trillion; The size of Ireland's open-end mutual fund is US $4.61 trillion; The scale of China's open-end public funds is US $3.53 trillion; The size of German open-end mutual funds is $2.97 trillion.
In the same period, the top five net sales of global open-end mutual funds were the United States, China, Ireland, Luxembourg and Brazil. The net sales of open-end public funds in the United States was $478711 billion; The net sales volume of China's open-end public funds was 154807 billion US dollars; The net sales of open-end public funds in Ireland was US $145507 billion; Net sales of Luxembourg open-end public funds amounted to US $106446 billion; The net sales of open-end public funds in Brazil was US $68.633 billion.
What are the advantages of public funds
According to the news from the financial sector on January 15, Zhang Zaixin, general manager of Anxin fund products department, the new asset management regulations will promote the return of the asset management industry to its origin, and competitive asset management institutions will embark on the road of fine management and professional development in the future.
Relying on the advantages of public investment and mandatory disclosure of various types of funds, it will become an important superposition of the advantages of public investment and mandatory management of various types of funds.
A public offering investment director in Shanghai said that after the implementation of the new regulations, banks set up asset management companies and distributed a large number of net worth products, resulting in more fierce competition for fund companies. However, public funds still have the core competitiveness of active management, so continuously strengthening their own advantages has become the top priority of the development of the industry.
She said frankly, "In terms of products, the pace of transformation or liquidation of old products in the public offering industry has accelerated, and the launch process of new products has accelerated. On the one hand, principal guaranteed funds and graded funds have withdrawn. On the other hand, various products under the new regulations of asset management have begun to be netted in a large area, and the previous relatively rigid cashing has begun to break. While netting, due to the decline in the income of the bond market, the income of various asset management products mainly based on bonds has also shown a downward trend 。 Aiming at this huge market gap, fixed income + has become a hot new track and a must for strategists in the public offering industry. In addition, the innovation of public REITs and ETF products has also become a hot spot in the industry. "
Some public investors believe that the implementation of the new regulations on asset management promotes the public funds to be more standardized in the process of development. Chen Ruojin, deputy general manager of Hong Kong Innovation Fund and head of solid income business, believes that the public fund is an important part of the information management industry. The most outstanding feature is that it has the initiative management ability, that is to say, it has the property of breaking the rigid exchange itself. Breaking the rigid cashing required by the new asset management regulations is more aimed at some bank financial products and guiding public funds to avoid promised returns in the process of exhibition. Therefore, it is more to establish a unified regulatory standard for the whole asset management industry.
