FOF is entering an unprecedented expansion cycle. More than 150 new FOF products were launched during the year, with a fundraising scale of nearly 150 billion yuan. Both the number of products and the scale of distribution set new annual records. Judging from the latest trends in the industry, there are currently more than 30 FOF being released or about to be released. On October 12 alone, 12 FOFs were distributed centrally. Looking at the institutional orientation, FOF will also usher in institutional development dividends. The FOF establishment threshold may be lowered from 200 million yuan to 50 million yuan, and it will also be allowed to invest in ETF-linked funds to make better use of the asset allocation function.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.