Market investment in the fund's popularity plummeted

Post reporter Shi Yingnan

After experiencing the downturn of the market in the first quarter, the market's investment in the fund plummeted and the investment preference for the fixed-income funds drastically diverged.

Based on the statistics of the 2nd Quarterly Bulletin Fund of Public Funds, all types of fund products except for the Monetary Fund in the second quarter suffered the "vote by foot" of the fundraiser, presenting a situation of net redemption across the board. Among them, the redemption of bond funds The most tragic situation back - after the successful reversal of last year's fiasco performance, but there was "not good" situation was net redemption of 39.561 billion copies, the subscription ratio of -11.03%.

Specifically, the total share of currency funds at the end of the quarter was 1,460,813 million shares. In the second quarter, the total subscription money funds amounted to 2,805,118 million, with a total redemption of 2,732,143 million shares, ending with a total of 1,578,788 million shares, an increase of 8.08% from the end of the first quarter.

"Balance treasure" docking Tianhong Zenglibao Monetary Fund is still the cargo market "giant."

Data show that at the end of a quarter, Tianhong Zenglibao Monetary Fund's total share of 541.275 billion copies, while in the second quarter, the Fund's moratorium was very active, a total purchase of 710.101 billion copies, 677.216 billion redemption, the cumulative Net purchase of 32.885 billion copies, the final total share of 574.14 billion shares.

It is worth mentioning that the net purchase data of 328.85 also slowed down the scale growth of "Yu Bao Bao" in the second quarter to 6%. The scale of "Yu Bao Bao" grew by 192% in the first quarter of this year.

On the other hand, as the monetary fund management products that compete with "Yuen Po", the four monetary funds docking with WeChat are a few happy and unhappy.

In the second quarter of this year, Huaxia Fortune Treasury, the earliest docking Micro-credit Wealth Management, suffered a net redemption of 19.973 billion shares. As of the end of the second quarter, the total share was 62.139 billion, while Huitianfu Baobao, Guangfa Daily Red and Yi Fangda Yi Finance Across the board to obtain a net purchase, net purchase share was 1.88 billion copies, 51.33 million copies, 636 million copies, as of the end of the second quarter of the total share of 45.12 billion copies, 111.18 million copies, 943 million copies. This also means that by the end of the second quarter, the overall size of WeChat Wealth Management should be 78.766 billion and there is still a considerable gap between the two.

In stark contrast to the overall net purchase of the IMF, redemptions are hard to stop by bond funds. The total share at the end of the quarter was 357.740 billion. In the second quarter, the total subscription share of bond funds was 195.534 billion, with a total redemption of 234.73 billion and a total share of 314.413 billion at the end of the period, a decrease of 10.71% from the end of the first quarter.

In addition, all other types of funds also suffered net redemptions. Among them, the equity fund net redemption of 25.9 billion copies, the subscription ratio of -2.54%, hybrid funds suffered a net redemption of -19.789 billion copies, the subscription ratio of -3.21%, QDII net redemption 43.81 million copies of the subscription ratio of -6.08%.