Out-of-market funds gather to "change faces" and transition funds flow to ETFs.

Funds from off-site investors are accelerating into on-site ETFs through the transformation of products. Since August, 7 funds have been transformed into ETF connected funds, including index, enhanced index, and QDII funds, with some products being transformed in less than 3 months of establishment. Industry insiders indicate that as the ETF industry surpasses the milestone of 5 trillion yuan in scale, competition becomes more intense. The transformation of off-site funds into ETF connected funds not only expands the scale of relevant ETFs and enhances product advantages, but also broadens the customer base of ETFs, leading more off-site funds into on-site investments.