New Model Floating-Rate Funds Grow to 137.3 Billion Yuan, Nearly 80% of One-Year-Old Products Post Positive Returns

Since the launch of the new model floating-rate funds more than a year ago, overall operations have remained stable, with the number of registrations and assets under management growing steadily. As of the end of June 2026, the scale of new model floating-rate products across the market had increased from the 25.9 billion yuan raised in the initial batch to 137.3 billion yuan, with some leading products doubling in size compared with their early days. In terms of returns, among the 24 new model floating-rate products that have been in operation for a full year, nearly 80% achieved positive returns, with some top-performing products doubling their cumulative returns and delivering annualized returns far exceeding their performance benchmarks. Currently, more than 40 fund managers in the industry have issued new model floating-rate products.