The issuance pace of the second batch of floating-rate funds has significantly accelerated, with notable successes including the Central Europe Core Smart Selection Hybrid Fund and the E Fund Value Return Hybrid Fund, both of which closed their subscription periods ahead of schedule due to surpassing the RMB 2 billion subscription cap. These funds employ a mechanism that ties management fees to returns, thereby reinforcing fund managers' sense of responsibility and fostering a culture of long-term investment.
