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The latest announcement from the Morgan Fund announced that the company's shareholders will invest 75 million US dollars through the affiliate Morgan Asset Management to invest in its first active ETF, the Morgan Large-Cap Growth Active Stock ETF. The investment will be carried out after the fund is listed. According to reports, this capital is also the largest private capital investment of fund companies, shareholders, and related parties in the active equity sector since 2023. In response, Wang Qionghui, CEO of Morgan Asset Management China, said that this self-purchase fully reflects the company's recognition of the long-term value of the Chinese capital market and positive expectations for active ETF development prospects.
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The latest announcement from the Morgan Fund announced that the company's shareholders will invest 75 million US dollars through the affiliate Morgan Asset Management to invest in its first active ETF, the Morgan Large-Cap Growth Active Stock ETF. The investment will be carried out after the fund is listed. According to reports, this capital is also the largest private capital investment of fund companies, shareholders, and related parties in the active equity sector since 2023. In response, Wang Qionghui, CEO of Morgan Asset Management China, said that this self-purchase fully reflects the company's recognition of the long-term value of the Chinese capital market and positive expectations for active ETF development prospects.
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