Public Funds' Self-Purchases Exceed 1 Billion Yuan This Year, Equity Funds Account for Nearly 90%

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People’s Financial News, March 16 — According to Choice data, since the beginning of this year, public fund companies have purchased a total of 1.007 billion yuan of their own funds. Among them, Huatai Securities Asset Management and Ruiyuan Fund have each bought 100 million yuan of their own funds, while China Merchants Fund, E Fund, GF Fund, and others have each purchased over 50 million yuan. In terms of fund types, equity funds have become the main focus for public fund companies. Statistics show that since the beginning of this year, fund companies have purchased 876 million yuan of equity funds, accounting for nearly 90% of the total fund purchases this year. Industry insiders believe that the amount of fund managers’ self-purchases is expected to continue increasing, with equity funds being the key focus category. (Shanghai Securities News)

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