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In August, the performance of public sale FOFs turned positive as the number of products was less than 10, with both bond-type and stock-type FOFs all reporting negative results.
Jinshi Data News on September 2nd, since August, both the stock and bond markets have experienced a pullback, and the magnitude is relatively deep, which is even worse for the underperforming public sale FOF. From the end-of-month statistics of the yield situation, only 6 FOF products in the entire market have positive monthly returns (based on initial shares), and bond-type and stock-type FOFs have all reported losses.