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The second fund of the Shanghai Stock Exchange, the Guolian Zhongzheng A500ETF, was successfully raised.
On September 20th, Jinshi Data reported that in the first batch of CSI A500ETFs, a new product announced the completion of issuance. Today, Fuguo CSI A500ETF successfully completed the fundraising. It is reported that Fuguo’s total scale has exceeded the upper limit of 2 billion yuan, and the principle of “full-scale confirmation throughout the process” will be partially confirmed for valid subscription applications. The Market Maker channels for Fuguo’s sales are Guotou Securities and CTA Securities. Previously, Jiashi, Morgan, and Invesco Great Wall Fund’s CSI A500ETFs under their respective names have completed fundraising of 2 billion yuan in succession.