The first batch of innovative floating rate funds have started selling, intending fund managers becoming the focus of attention.

Starting from May 27th, 16 out of the first batch of 26 new model floating rate funds that have been approved for issuance have officially entered the distribution period. As the first batch of floating rate funds launched after the implementation of the "Action Plan to Promote the High-Quality Development of Public Funds," the design of the management fees for these products is basically consistent. Therefore, the market is focusing on who the proposed fund managers are, their past management performance, and whether they can achieve stable excess returns in the future. According to data from Wind by Securities Times, as of May 26th, out of the 17 proposed fund managers for the 16 products mentioned above, 7 fund managers have achieved an annualized return on their public equity investment managers' index of over 10%. The highest annualized return comes from Wang Mingxu, the proposed fund manager for GF Value Steady Growth, with a total return of 127.92% and an annualized return of 13.27%.