The first active ETFs will be issued on Friday. E-Fangda Fund announced that based on confidence in the long-term healthy and stable development of China's capital market, the company will subscribe to its E-Fangda Quality Balance Active ETF with an inherent capital of 200 million yuan on the first day of the fundraising period on October 23. The fundraising deadline for this product is October 29, and the maximum initial fundraising scale is RMB 2 billion. Earlier, the Morgan Fund also announced a similar move. The company's shareholders will invest 75 million US dollars in the Morgan Market Growth Active Stock ETF through the related party Morgan Asset Management.
Zhitongcaijing · 2d ago
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The first active ETFs will be issued on Friday. E-Fangda Fund announced that based on confidence in the long-term healthy and stable development of China's capital market, the company will subscribe to its E-Fangda Quality Balance Active ETF with an inherent capital of 200 million yuan on the first day of the fundraising period on October 23. The fundraising deadline for this product is October 29, and the maximum initial fundraising scale is RMB 2 billion. Earlier, the Morgan Fund also announced a similar move. The company's shareholders will invest 75 million US dollars in the Morgan Market Growth Active Stock ETF through the related party Morgan Asset Management.
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