Q2 fund’s total share shrinks by 650 billion shares
Original title: 650 billion shares shrunk in the second quarter. Fingers bucked the trend. Source: Shanghai Securities News reporter Wang Jiongye ○ Editor Wu Xiaojing’s second-quarter disclosure of public offering funds ended, and fund purchase data reflecting market investment preferences were also revealed.
According to the data of Tianxiang Investment Consulting, under the background of the stock market shock in the second quarter, the total share of the fund plummeted by 650 billion shares. Except for the index funds and QDII’s net purchase of funds, the other types of funds have encountered varying degrees of net redemption.
In essence, through the gradual decline in the yield of money funds, the scale of this type of product has once again declined significantly, compared with the high point at the end of the third quarter of 2018, which has shrunk by nearly one trillion copies.
Zhiji obtained over 50 billion net purchase statistics, showing that various types of funds have encountered net redemption of funds, and the withdrawal of funds is obvious.
Specifically, currency funds have become the “hardest hit area” for net redemptions, with a net redemption of 5095.
With 2.1 billion copies, the net redemption of bond funds reached 1620.
7.1 billion copies.
Hybrid funds net redemption 236.
7.3 billion shares, actively investing in stock funds 63 net redemptions.
3.9 billion copies, FOF net redemption4.
7.6 billion shares, net redemption of commodity funds.
66 billion copies.
Index funds and QDII have been favored by funds.
Statistics show that in the second quarter of 2019, the index fund received 503.
With 2.5 billion net purchases, the net purchase ratio is as high as 9.
71%, becoming the most favored object of funds.
At the same time, QDII gained 9.
4.5 billion net subscriptions, with a net subscription ratio of 1.
The strong absorption of ETFs in index funds in the second quarter became a beautiful landscape in a weak market.
Index funds were again favored during the downturn in the market. This scene seems to have met in 2018.
In the opinion of fund analysts, the decrease indicates that the market’s 厦门夜网 risk aversion is heating up with the increase of various uncertain factors. A large amount of funds hope to avoid the risk of lightning strikes of individual stocks by investing in highly decentralized index funds.
At the same time, it also reflects that through the continuous maturity of the A-share market, passive funds, as instrumental products, have become more and more popular with investors due to their clear style and other advantages.
The size of the cargo base is obviously “thinning”. Another noteworthy phenomenon is that currency funds have once again encountered a large number of redemptions, and the scale has shrunk by nearly one trillion compared with the high point at the end of the third quarter of 2018.
Statistics show that in the second quarter of 2019, the net redemption of monetary funds was 509.5 billion 北京夜网 copies, and the degree of such withdrawals was rare.
After net redemption, its size has replaced 7.
18 trillion copies.
In the third quarter of 2018, after receiving a large amount of capital inflow, the size of the cargo base had reached a new high at the end of the third quarter, reaching 8.
17 trillion copies.
It can be seen that the latest size of the Monetary Fund has shrunk by 999.5 billion compared to a higher point.
The original sources said that the withdrawal of money from the IMF was related to the constant rate of return.
Wind statistics show that as of July 18, the average 7-day annualized income of 735 money market funds within the statistical range increased by 2.
387%, which is far from the early 4% yield rate. It can no longer meet the organization’s asset allocation needs.