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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
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Fixed income products strongly support public sale with a profit of over 45 billion yuan in the first half of the year
According to Tianxiang Investment's data, public sale funds achieved investment income of 45.163 billion yuan in the first half of 2024, with a total investment income of over 300 billion yuan for bond funds and money market funds, while equity products continued to perform poorly overall. Specifically, fixed income funds performed well in the first half of the year, with bond funds earning 195.343 billion yuan in profits and money market funds earning 121.349 billion yuan in profits, completely offsetting the losses of equity funds. Equity funds suffered a total loss of over 300 billion yuan, with stock funds losing 161.482 billion yuan and mixed funds losing 139.711 billion yuan. QDII products performed well, with a total profit of 22.548 billion yuan in the first half of the year, mainly coming from the second quarter. FOF products incurred a slight loss of 1.566 billion yuan, while commodity funds earned 7.746 billion yuan.