B · Normal
[E Fund will self-purchase its first active ETF for an amount of 200 million] On October 22, the first batch of active ETFs will be issued on Friday. E Fund announced that based on its confidence in the long-term, healthy and stable development of China's capital market, the company will subscribe for its E Fund Quality Balanced Active ETF with an inherent capital of 200 million yuan on the first day of the fundraising period on October 23. The deadline for raising funds for this product is October 29, and the upper limit of the initial fundraising scale is RMB 2 billion. Previously, J.P. Morgan Fund also announced a similar move. The company’s shareholders will invest US$75 million (approximately 500 million yuan) in the J.P. Morgan Large Cap Growth Active Stock ETF through related party J.P. Morgan Asset Management (Asia Pacific). (Reporter Li Di)
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