"Proportional allotment" frequently appears as new funds see explosive subscription

Wallstreetcn
2026.03.04 23:53

Since 2026, the subscription for newly launched funds has been booming, frequently resulting in proportionate allotments. Several funds, including Changxin Balanced Allocation Mixed, China Europe Small Cap Growth Mixed A, Rongtong Shanghai Stock Exchange Science and Technology Innovation Board Comprehensive Index Enhanced A, and Penghua Qihang Quantitative Stock Selection Mixed Initiation, have successively triggered proportionate allotments. At the same time, the phenomenon of newly launched funds ending their fundraising early has been increasing. According to Wind Information, as of March 4, a total of 67 funds have closed early this year, with the number of equity funds, mixed funds, FOFs, bond funds, and QDII funds accounting for 29, 16, 13, 7, and 2 respectively. (Securities Daily)