Public fund institutions continue to purchase their own funds, with equity products favored.

Recently, public fund institutions have continued to use their own funds to invest in their funds, with some institutions persistently building positions through multiple subscriptions to the same product. As the disclosure of public fund third-quarter reports concludes, the self-purchase situation of public fund institutions has become clearer. From an industry-wide perspective, Wind data shows that in the third quarter of 2026, public fund institutions cumulatively subscribed to their funds 2,143 times. Excluding money market funds, equity, hybrid, and bond funds received net subscriptions of 420 million yuan, 94 million yuan, and 176 million yuan, respectively, with the three categories combined net subscriptions of approximately 690 million yuan. Among them, the net subscription amount of equity funds accounted for 60.87% of the combined net subscription amount of the above three categories of funds.