Newly issued rules have set a new record for scale, and low-voltage products are attracting a wave of popularity.

Against the backdrop of low interest rates, in order to effectively meet the advanced investment needs of stable funds such as bank deposits, the public offering industry continues to increase the development of "fixed income +" products with medium and low volatility styles. Especially, the hybrid bond type secondary funds and partially debt mixed type FOF have become a key focus of product layout. As of June 10, the total new issuance scale of these two types of "fixed income +" products this year has exceeded 189 billion yuan. In less than half a year, it has already surpassed the full-year level of 2025. Among them, the new issuance scale of partially debt mixed type FOF, which focuses on diversified asset allocation, has exceeded one trillion yuan, and the capacity to attract funds for new products has significantly increased compared to before. Especially in the recent trend of significantly increasing volatility in risk assets, low-volatility "fixed income+" products with equity asset investment ratio lower than 15% or even below 10% have gradually become the focus of competition for various public offering institutions. Industry insiders indicate that as risk assets continue to rise, their investment cost-effectiveness compared to fixed income assets has decreased compared to before, thereby highlighting the advantages of low-volatility strategies in the current market environment.