On April 25, the 2023 annual report released by Junzheng Group showed that Tianhong Fund achieved operating income of 4.707 billion yuan and net profit of 1.408 billion yuan in 2023.
As of the end of 2023, Tianhong Fund\’s total assets were 16.888 billion yuan, a year-on-year increase of 3.91%; net assets were 13.886 billion yuan, a year-on-year increase of 2.87%; Junzheng Group held 15.60% of its equity.
Data shows that as of the end of 2023, Tianhong Fund Management Scale was 1.098963 billion yuan (including special accounts and subsidiary Tianhong Innovation).
Among them, the management scale of public funds was 1.074473 billion yuan (excluding the duplicate investment parts of ETF feeder funds and FOF funds, the same below), an increase of 14.335 billion yuan from the same period last year, an increase of 1.35%; the non-monetary management scale was 300.117 billion yuan, an increase of 1.35% from the same period last year. During the same period last year, it increased by more than 13.965 billion yuan, an increase of 4.88%.
In the context of investors\’ risk appetite remaining low, the scale of Tianhong Fund\’s non-monetary fixed-income products will increase by 22.4 billion yuan to 137.3 billion yuan in 2023, an increase of 20%; the scale of passive equity products will increase by 8.2 billion yuan in 2023 to 87.7 billion yuan, an increase of 10%; the scale of QDII products will increase by 4.3 billion yuan to 16.2 billion yuan in 2023.
As of March 31, Tianhong Fund has created a cumulative income of 284.022 billion yuan for public equity holders since its establishment.
(Source of the article: China Securities Journal·CSI Taurus)
