A · Important
[E Fund, China Asset Management, Wells Fargo, and China Universal Fund each spent 200 million yuan on self-purchase, and more fund companies will join the self-purchase ranks] There is only one day left in the countdown to the centralized issuance of the first batch of active ETFs, and fund companies are increasing their self-purchase efforts. On October 22, many fund companies such as E Fund, China Asset Management, Wells Fargo Fund, and China Universal Fund successively announced that they would subscribe to their active ETFs with 200 million yuan of inherent funds. Just two days ago, Morgan Fund took the lead in announcing a self-purchase plan of up to 500 million yuan. So far, in the first batch of active ETF fundraising, the four fund companies have planned to purchase a total of 1.3 billion yuan. In the future, fund companies will also join the ranks of self-purchases. In the current market correction, domestic and foreign fund companies have started self-purchase, releasing confidence in the A-share market and future product operations. (China Fund News)
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