The number reaches a new high in five years, while the average size of single funds has shrunk. This year's newly issued funds are leveraging "niche markets" to tap into the broader market.

Since August, the public offering fund issuance market has remained active. This week, 49 funds entered the issuance period, with passive index products accounting for over 40%, and hard technology and dividend strategies becoming the main themes. On one hand, index products are focusing on niche sectors; on the other hand, FOF (Fund of Funds) products have seen significant growth. Extending the timeline to this year, the number of new fund establishments has reached a five-year high, yet the average fundraising size for single funds has shown a downward trend. The performance of established products has exhibited noticeable differentiation, with funds in the same sector showing large discrepancies in returns due to different inception dates.