New fund shows retail household holding base continuously diluted

Securities Times reporter Fangli with the market with the "thriving", the new fund issued increasingly popular. 　　Since June, the establishment of the new fund of the base share of households, the number of subscribers continued to increase, the base share of the household is diluted, showing the new fund issued retail characteristics. Since June, the new fund issue has repeatedly refreshed the highest record in the year, and the number of subscribers has continued to move higher. Among them, the Hui Fu Shanghai Composite Index fund and the Guangdong Poly Fund effective subscription number both more than 100,000 households, respectively, reached 121511 households, 101082 households. According to this year's data, there are only 3 funds available for more than 100,000 of the effective subscriptions. At the same time, add Fu Shanghai Composite Index Fund and the first collection of the fund to raise the scale of 9.098 billion, 7.08 billion respectively, so the base of each household is about 70,000.　　This is basically a microcosm of the recent retail issue of new funds. The new fund, which was set up after June, generally has a significant decrease in subscription amount. According to the incomplete statistics of wind data, as at July 6, since June, 10 stocks have been set up and only 1 of them have subscribed more than $100,000. In contrast to the 5-share funds set up in May, the amount of funds subscribed to more than 100,000 yuan amounted to 3.　　In recent years, the lower subscription amount has Oriental core power, Axa Sheng Exquisite life, Shen million Paris consumption growth, the household subscription only 440 million, 480 million and 580 million. From a longer period of time, the new fund holders in 2007 highly retail, stock funds per household subscription amount to a minimum of 5,000 copies. In 2008, the new fund issued a clear institutional characteristics, many established in 2008, the number of money, bond funds per household subscription in more than 300,000.　　This year in the market recovery, investment base confidence rebound background, the new fund issue gradually began to retail. By contrast, the average holding base of the partial-stock fund is lower than that of the bond fund, which is very common this year.　　Industry insiders said that this is mainly because the stock market continued to strengthen, the profit-making effect of the partial-equity fund returned, and bond funds yield attractive discount. Shenzhen, a commercial bank of the market, said the strong rebound since the CDI subscription fund enthusiasm rekindled, to buy more and more investors to purchase funds. Analysts pointed out that the increase in household subscriptions indicated a significant amplification in the number of individual investors, indicating that small and medium investors are becoming the main force of the Fund subscription. On the one hand, the net worth of funds in the short term greatly stimulated the enthusiasm of investors, on the other hand, the fund companies, banks and other parties to join hands to strengthen the fund marketing efforts.