Multiple Domestic High-Performing Public Fund Products Increase Purchase Restrictions

BlockBeats News, June 25th, the latest announcement from E Fund Management stated that the E Fund Information Technology Sector, managed by Zheng Xi, has lowered the purchase limit to 10,000 yuan; at the same time, the E Fund Information Industry, also managed by him, has announced a lowered purchase limit to 10,000 yuan. The E Fund Global Growth Selected Mixed Fund (QDII) has also lowered the purchase limit to 10 yuan.

In addition, the Guolian An Selected Industry Fund, Da Cheng Technology Innovation Fund, and Invesco Great Wall Performance-Driven Fund have recently announced purchase limits or adjustments to purchase limits. The highly anticipated Jin Zicai has also announced an increase in purchase limit starting from June 23rd, with the purchase limit of 4 funds involved lowered to 500 yuan.

The purchase limits on outstanding products may be due to various considerations. It can not only avoid the dilution of returns caused by concentrated short-term fund purchases but also serve as a signal of risk warning during the overheated market phase. As the first half of the year comes to a close, this action has become more frequent.

Overall, according to Wind data, since June alone, there have been 19 funds with year-to-date net returns exceeding 90% that have suspended large purchases or adjusted purchase limits. (Finance Associated Press)