New funds issued in April exceeded 900 billion shares, and innovative products continued to attract funds.

In the just-ended April, the A-share market bottomed out in the midst of fluctuations, forming a "golden pit". What kind of funds are attracting investors in a bear market? A journalist's analysis found that in the new fund offerings in April, equity funds continued to dominate, accounting for half of the market share; FOF funds, on the other hand, rose rapidly thanks to their "dumbbell-type" allocation advantages, and the top effect continued to strengthen. Specifically, there were 119 new fund offerings in April, raising a total of 901.56 billion shares. Among them, equity funds raised a total of 435.53 billion shares, accounting for 48.31%; the average fund-raising size for 4 FOF funds reached 22.21 billion shares, becoming a preferred tool for investors to resist market volatility in the turbulent market.