The issuance of bond funds has heated up, and fund managers have become busy as a result.
I was on a two-day business trip and the company arranged six institutional roadshows for me. A bond fund manager told a reporter from Securities China. Data shows that as of May 21st, many large-scale bond funds have been established since May, with the largest one approaching 6 billion yuan. According to the interviews conducted by the reporter from Securities China, among the newly issued bond funds, institutional funds account for the majority. Recently, it has mainly been insurance and wealth management institutions. The public offering strategy believes that the expectation of monetary easing will continue to intensify in the future, and the bond industry as a whole will still face a relatively favorable environment.
Large-scale new bond funds are frequently emerging
According to the announcement of AVIC Fund on May 21st, the AVIC Chinabond – Investment-Grade Corporate Green Bond Fund was established, with a fundraising scale of 3.45 billion yuan. On May 17th, Hui ‘an Fund announced that the newly established Hui ‘an Yuhong Interest Rate Bond Fund raised 6 billion yuan during the fundraising period from May 6th to May 14th.
It should be pointed out that the establishment of large-scale bond funds is not an isolated case. The Minsheng Jiayin Hengyue Bond Fund, established on May 14th, also raised nearly 6 billion yuan. The fundraising period was from April 22nd to May 13th. The Guotai Chinabond Preferred Investment-grade Credit Bond Fund, which was raised from April 25th to May 13th, also had a fundraising scale of nearly 6 billion yuan. This fund is an initiated fund. Guotai Fund contributed 10 million yuan for self-purchase and committed to holding it for no less than three years. In addition, the Anxin Jinshun interest Rate Bond Fund, established on May 15th, also has a scale of 1 billion yuan.