Mutual Funds Reinvest in Own Products, Backing High-Potential Sectors with Real Capital

Amid recent market volatility, multiple mutual fund institutions have made significant moves, investing their own funds to support newly launched products. ICBC CIB Fund and its wholly-owned subsidiary collectively subscribed to over 45 million yuan worth of the Industrial Machinery ETF; Xingquan Global Fund subscribed 10 million yuan each to Xingquan Hechen and Xingquan Youjia; while Dachen Fund, Juniper Great Wall Fund, and Bosera Fund also joined in purchasing their own 'fixed income plus' new products. In the third quarter alone, mutual fund institutions invested over 1.4 billion yuan of their own capital to establish more than 120 initiated funds, strategically positioning themselves in promising directions. According to industry insiders, these self-purchases by fund managers not only aid in raising capital for new products during challenging market conditions but also capitalize on favorable timing for contrarian positioning. Industry experts believe that a short-term barbell strategy remains advantageous, with attention recommended toward stable sectors like large financial institutions and technology small-to-medium growth areas.