May 06, 2021 06:59 AM (GMT+8) · EqualOcean
With the significant correction of A-share market after the Spring Festival, the net value of many funds fell sharply, and the fund issuance market showed a monthly cooling trend. According to the data, 110 new funds were established in April, with only 140.686 billion shares issued, down 50.11% compared with March. In addition, the average issuance share of newly established funds in April was 1.279 billion, a new low since this year. At the same time, funds with balanced style are favored, fof funds are hot, and ETF with good liquidity is also hot.