Sixteen small and medium-sized Chinese fund companies have filed for the third batch of amortized cost method bond funds, bringing the total number of declared products to 44.
According to the China Securities Regulatory Commission (CSRC) website, 16 small and medium-sized fund companies, including Caixin Fund and Quan Guo Fund, submitted applications for the third batch of amortized cost bond funds on October 8th and 9th. These applications are currently in the "materials received" status. This batch of products follows the previous framework, with all funds featuring a 63-month closed-end operation and termination upon maturity, and a maximum fundraising size of 8 billion yuan per fund. Since the re-submission of amortized cost bond funds on August 14th, a total of 44 products have been declared, with the first two batches comprising 28 approved products. These products, known for their stable net asset value growth and strong subscription interest, are considered an important measure to support the differentiated development of small and medium-sized fund companies.
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